OPEN-SOURCE SCRIPT
Updated Bitcoin Automated Valuation System
Bitcoin Automated Valuation System
This system uses:
- BAERM Bands
- Power Law Corridor
- Mayer Multiple Bands
- MVRV Z Score
- NUPL
- Bitcoin Cycle Indicator
This system uses:
- BAERM Bands
- Power Law Corridor
- Mayer Multiple Bands
- MVRV Z Score
- NUPL
- Bitcoin Cycle Indicator
Release Notes
Update: Adjust Average Z-Score calculation before late 2020 where BAERM Bands begins to work properlyRelease Notes
Added option to disable certain indicators in Average Z-Score Calculation and option to color bars or Average Z-Score.Release Notes
Added Rolling Risk Adjusted Ratios to the systemAdded option to display a table with current Z-Scores
Adjusted MVRV Z-Score calculation
Release Notes
Adjusted Sharpe, Sortino and Omega Ratios calculation to be more resistant to pump the ratio after "Period" number of days after crashes (like Covid or FTX Crash).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.