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Value Days Destroyed (VDD) [MarktQuant]

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The "Value Days Destroyed (VDD) Indicator" tracks Bitcoin’s or Ethereum's VDD metric to gauge market momentum. It offers two views—Raw VDD or Z-score—using color-coded columns and optional bar colors/table.

Key Features:
  • VDD Mode: Shows momentum via columns (green: low, yellow/orange: moderate, red: high).
  • Z-Score Mode: Plots a Z-score as a histogram (green to red gradient).
  • Visuals: Dynamic colors, optional bar syncing, and a table with zones (Cold to Hot) plus Z-score.


Inputs:
Toggle bar colors and table; choose gradient or fixed colors; switch between VDD or Z-score display.

Usage:
Monitor short-term activity (VDD) or long-term extremes (Z-score) to spot accumulation or distribution phases.

Purpose:
A concise tool for Bitcoin traders to analyze transaction momentum and statistical trends.

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.