OPEN-SOURCE SCRIPT
Updated BTC and Liquidity Correlation [Jniels]
Tracker for the correlation between a smoothed EMA for both BTC and Tomas' liquidity formula.
Need 3 windows to visualize all 3 at once.
Change the periods for smoothing to reduce noise, 20-D seems decent.
Need 3 windows to visualize all 3 at once.
Change the periods for smoothing to reduce noise, 20-D seems decent.
Release Notes
changed so input is easierRelease Notes
lol prev brokeOpen-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.