filbfilb

QUICK BITCOIN VALUATION ~ FILBFILB

This indicator uses On chain Transactions and Total Bitcoins to arrive at an under/over valuation.

>1 Overvalued
<1 Undervalued
>2 - Severe Overvaluation
<0.5 Severe Undervaluation

You need to change the scale to Log, i couldn't work out how to do it, if you can tell me i will update the script.

** Review previous day's candles to avoid transactional lag. **

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Comments

Nice!
Reply
@filbfilb ,you should use source as - log(source)
Reply
Excellent! Thank You! Thank You!
Reply
nagihatoum nagihatoum
@nagihatoum, why is it more overvalued after each peak? And more undervalued after it bottomed and start to go up? Something lagging?
Reply
AlgoPhi nagihatoum
@nagihatoum, The formula used could be better.
Reply
is this invite-only?
Reply
filbfilb BitFink
@BitFink, no matey, open.
+4 Reply
I like it bruva!
Reply
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