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UnknownUnicorn3827973
Aug 16, 2020 12:25 PM

BITCOIN Miners Revenue VS Price Correlation Oscillator 

Bitcoin / U.S. dollarBitstamp

Description

Use 3D(3-day candle) as timeframe for best reading.


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original template for Correlation indicator was created by obaranova. credit goes to her.

Release Notes

fixed the issue when resolution not working in version 4

Release Notes

filled buy zone with green tone
Comments
UnknownUnicorn3827973
Description :

This indicator uses 60-day correlation of revenue earned by Bitcoin miners versus price of Bitcoin.

Green zone indicates the anomalies of either price or revenue. Buy signal triggers when the value of coefficient cross below -0.15.
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