OPEN-SOURCE SCRIPT
BTC Valuation
BTC Valuation Indicator include inside four of them:
-200MA/Price ratio. 200 days moving avarage ratio to a price (close)
-50MA/Price ratio. 50 days moving avarage ratio to a price (close)
-LTL/Price ratio. Logarithmic TrendLine ratio to a price (close)
-50MA(Volume)/Price ratio. This one was created by me and there no analogs, mainly it is good for catching bottoms.
To use Avg of all or chosed indicators just turn on AVG and choose what indicators will be include there
-200MA/Price ratio. 200 days moving avarage ratio to a price (close)
-50MA/Price ratio. 50 days moving avarage ratio to a price (close)
-LTL/Price ratio. Logarithmic TrendLine ratio to a price (close)
-50MA(Volume)/Price ratio. This one was created by me and there no analogs, mainly it is good for catching bottoms.
To use Avg of all or chosed indicators just turn on AVG and choose what indicators will be include there
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.
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.
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.