OPEN-SOURCE SCRIPT
BTC Supply weighted channel: Onchain
Use this oscillator in the weekly time frame and then draw the above linear channel
The premise of this idea is that the trend slope of the bitcoin price correlates with the bitcoin supply chart, which shows the total amount of bitcoin ever created/issued.
Therefore, Bitcoin price is weighted based on Bitcoin supply.
As a result, the above channel has been created, which is a linear channel, and it seems that it can be an oscillator to determine the bitcoin trend, as well as the tops and bottoms of the market.
Bitcoin seems to respect the bottom and top lines of this channel as well as its midline
The premise of this idea is that the trend slope of the bitcoin price correlates with the bitcoin supply chart, which shows the total amount of bitcoin ever created/issued.
Therefore, Bitcoin price is weighted based on Bitcoin supply.
As a result, the above channel has been created, which is a linear channel, and it seems that it can be an oscillator to determine the bitcoin trend, as well as the tops and bottoms of the market.
Bitcoin seems to respect the bottom and top lines of this channel as well as its midline
نص برمجي مفتوح المصدر
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.
For quick access on a chart, add this script to your favorites — learn more here.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
نص برمجي مفتوح المصدر
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.
For quick access on a chart, add this script to your favorites — learn more here.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.