PROTECTED SOURCE SCRIPT
BTC: aSOPR PnL Crossover
BTC: Adjusted Spent Output Profit Ratio (aSOPR) PnL Crossover
Calculation:
Adjusted SOPR is calculated by the 30 day moving average divided by the 365 day moving average of SOPR.
Function:
When the aSOPR is above 1, this indicates realised profit taking momentum from market participants. When the aSOPR is below 1, this indicates realised loss momentum from market participants.
Calculation:
Adjusted SOPR is calculated by the 30 day moving average divided by the 365 day moving average of SOPR.
Function:
When the aSOPR is above 1, this indicates realised profit taking momentum from market participants. When the aSOPR is below 1, this indicates realised loss momentum from market participants.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.