OPEN-SOURCE SCRIPT
BTC: aSOPR
BTC: Adjusted Spent Output Profit Ratio (aSOPR)
Idea from AxelAdlerJr on CryptoQuant
Utilised Staggy's (MarktQuant) BTC: SOPR script
Adjusted SOPR is calculated by the 30 day moving average divided by the 365 day moving average of SOPR. Then you can change the fast and slow moving average inputs of aSOPR.
** The 30 day and 365 day moving averages of SOPR are assumptions based on AxelAdlerJr's aMVRV**
Need to play with the inputs, however needed to get this out seeing the cryptoquant chart
Idea from AxelAdlerJr on CryptoQuant
Utilised Staggy's (MarktQuant) BTC: SOPR script
Adjusted SOPR is calculated by the 30 day moving average divided by the 365 day moving average of SOPR. Then you can change the fast and slow moving average inputs of aSOPR.
** The 30 day and 365 day moving averages of SOPR are assumptions based on AxelAdlerJr's aMVRV**
Need to play with the inputs, however needed to get this out seeing the cryptoquant chart
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.