OPEN-SOURCE SCRIPT
ahr999 Index
█ OVERVIEW
The ahr999 index is very suitable for long-term value investors in Bitcoin.
█ CONCEPTS
ahr999 is the product of two indices, one is Bitcoin's 200-day average price cost and the other is a price estimate fitted to Bitcoin's age.
The average cost is actually a geometric mean of bitcoin price in 200days.
and the estimate price was calculated by a log function based on the bitcoin price history since 2010.
finally we got the formula:
ahr999 Index = (close / GMA200) * (close / Estimate Price)
█ ACKNOWLEDGEMENT
This ahr999 index was originally created by Nine God in his book 《Bitcoin Accumulation》
The ahr999 index is very suitable for long-term value investors in Bitcoin.
- When the index is above 1.2, it indicates that the price of Bitcoin is rising in a bull market.
- When it is below 1.2, it indicates a reasonable cost averaging interval for investment.
- When it is below 0.45, it indicates that the price of Bitcoin is underestimated and is a relatively high-certainty bottoming interval.
█ CONCEPTS
ahr999 is the product of two indices, one is Bitcoin's 200-day average price cost and the other is a price estimate fitted to Bitcoin's age.
The average cost is actually a geometric mean of bitcoin price in 200days.
and the estimate price was calculated by a log function based on the bitcoin price history since 2010.
finally we got the formula:
ahr999 Index = (close / GMA200) * (close / Estimate Price)
█ ACKNOWLEDGEMENT
This ahr999 index was originally created by Nine God in his book 《Bitcoin Accumulation》
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.
微信 Wechat：yubolun001 （备注：TV）
------------
Binance 优惠：
accounts.binance.com/zh-CN/register?ref=X1PFQ12Z
Bitget 优惠：
partner.bitget.fit/bg/MRSHJ6
OKX 优惠：
okx.com/join/86487038
------------
Binance 优惠：
accounts.binance.com/zh-CN/register?ref=X1PFQ12Z
Bitget 优惠：
partner.bitget.fit/bg/MRSHJ6
OKX 优惠：
okx.com/join/86487038
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.
微信 Wechat：yubolun001 （备注：TV）
------------
Binance 优惠：
accounts.binance.com/zh-CN/register?ref=X1PFQ12Z
Bitget 优惠：
partner.bitget.fit/bg/MRSHJ6
OKX 优惠：
okx.com/join/86487038
------------
Binance 优惠：
accounts.binance.com/zh-CN/register?ref=X1PFQ12Z
Bitget 优惠：
partner.bitget.fit/bg/MRSHJ6
OKX 优惠：
okx.com/join/86487038
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.