OPEN-SOURCE SCRIPT
On-chain-momentum
Here we have weighted each individual component evenly, and applied a simple condition to flag when 4-of-8 conditions are met in blue. This has historically identified periods when the Bitcoin market is in a sustainable uptrend. We can also flag when all eight conditions are met in purple, indicating periods with extremely strong positive momentum across all categories.
This suggests the market is experiencing overall negative momentum, and is typically experienced throughout bear markets, including the initial inflection points.
- A positive momentum is realize when at Least 4-of-8 on-chain momentum conditions met.
- Strong Momentum (All 8-of-8 Conditions Met)
This suggests the market is experiencing overall negative momentum, and is typically experienced throughout bear markets, including the initial inflection points.
- Negative Momentum (Fewer than 3/8 Conditions)
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.
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whop.com/quantum-whop/
⚒️ Get access to our toolbox here for free:
quantumresearchportfolio.carrd.co
All tools and content provided are for informational and educational purposes only.
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.
🌐 Gain access to our cutting-edge tools:
whop.com/quantum-whop/
⚒️ Get access to our toolbox here for free:
quantumresearchportfolio.carrd.co
All tools and content provided are for informational and educational purposes only.
whop.com/quantum-whop/
⚒️ Get access to our toolbox here for free:
quantumresearchportfolio.carrd.co
All tools and content provided are for informational and educational purposes only.
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.