Bitcoin Stock to Flow Multiple

BCHAIN/MKPRUQUANDL

Description

⋅ Apr 20, 2019 2:53 PM

this study plots the price of btc over the Stock to Flow Model value

idea credited to: 100trillionUSD

my data is a bit off compared to the original source but overall it seems correct

Release Notes

⋅ May 22, 2019 8:30 PM

updated to account for 1,000,000 lost bitcoins

this script is the bottom indicator in the chart.

It shows price as a multiple of Stock to Flow model value

Code only shows data accurately for Monthly time frame for some reason.

Comments

Johnnyutahbtc

⋅ May 22, 2019 10:51 AM

Amazing work, pls check Plan B’s twitter as he has a solution to the data being a bit off

mexxer

⋅ May 28, 2019 6:04 AM

Thanks for this script!

I published a fixed version of this: tradingview.com/script/ysct73Zp-Bitcoin-Stock-to-Flow-Multiple-fixed/

According to pine script documentation you need to use := for variable reassignment + you can't use the security function inside and if statement. I also tried to use a normal string variable like timeframe = 'W' which gets reassigned through an if statement like var and use it in the security function, but you're appearently not allowed to do that either.

So I used the input function, which works.

UnknownUnicorn1165296

⋅ May 28, 2019 4:02 AM

Great work. One question... what data source are you using to plot BTC price back to 2009?