Hello, this script has the same logic as Noldo CFTC COT Forex Indicator :
And Noldo CFTC COT Commodities Indicator :
Script briefly calculates the period length between two signals of Pivot Reversal Strategy when new signal arrives and allows us to see relative Blockchain data and price changes of Major Cryptocurrencies over that automatic length.
This saves us from the hassle and time wasting of searching for a reference point.
- This script works only on all Bitcoin / U.S Dollar pairs and futures.
- It only works on 1W graphics.
- ICOT data are pulled via Quandl
Since blockchain data is very votalile, 7-day ema values are adjusted to take into account.
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.