Black Friday SaleBis zu 70% RABATT
OPEN-SOURCE SCRIPT

Hash Ribbons

Von capriole_charles
Aktualisiert
Buying during Miner Capitulation yields wonderful returns.

The best buy signals occur on Hash Rate "recovery", and when price momentum is also positive.

Historically, this strategy has yielded average returns to cycle peak of >5000%, with max Drawdown of -15%.

Follow me to learn more about this indicator.
Versionshinweise
Updated shape titles.
Versionshinweise
Cleaned up chart/code. No technical changes.
Versionshinweise
More chart formatting for clarity on "light" TradingView theme.

No technical changes.
Versionshinweise
Release Notes: Update v1.1


  • All prior calculation logic remains unchanged.

    This Update includes:
  • Fix of re-painting issue on live data. This stop false alerts before the daily bar has closed. On live data, yesterday’s Hash Rates will be used regardless of the Bitcoin ticker symbol you are looking at.
  • Addition of multi-time-frame management. This now gives you the ability to use this indicator on any time-frame (Minutely, Hourly, Daily) and always know you are looking at the Hash rate values from yesterday's close.


Enjoy!
Versionshinweise
Added optional Hash Rate "Growth" Oscillator.

To use, change the indicator setting "Plot Type" to "Oscillator".

For more information, see my TradingView "Idea": "Miner Confusion? An Unusual State in Hash Rate Growth"

Miner Confusion? An Unusual State in Hash Rate Growth
Versionshinweise
Added "Capitulation" and "Recovery" text to plot
Versionshinweise
  • Added chart "alerts" for easier notification
  • Added chart shape "titles"
  • Minor chart formatting tweaks
  • No calculation changes
Versionshinweise
  • Added notes in code explaining how to use the "Spring" (copied below)
  • Added option to display raw Hash Rate
  • Fixed minor bug where 1 blue circle in 2012 didn't appear on the chart



The "Spring" is the confirmed Miner Capitulation period:
- The 1st "gray" circle is the start of Capitulation (1 month Hash Rate crosses UNDER 2 month Hash Rate)
- Last "green" circle is the end of Capitulation (1 month Hash Rate crosses OVER 2 month Hash Rate)
- The "greener" the spring gets (up until blue) represents Hash Rate recovery (it is increasing)
- The "blue" circle is the first instance of positive momentum following recovery of Hash Rate (1m HR > 2m HR). This is historically a rewarding place to buy with limited downside.
Versionshinweise
Small fix for intra-day time frame management.
Versionshinweise
Minor code tweak.
Versionshinweise
Minor code optimization - no logic change.
Versionshinweise
Updated projected date for the 3rd halving in May 2020.
Versionshinweise
sourcing
Versionshinweise
Sourcing update
Versionshinweise
Updated script to use "Into the block" datasource given Nasdaq data hasn't updated in a month.
Bitcoin (Cryptocurrency)BTCbuybuysignalhashrateLONGminerminersMoving Averages

Open-source Skript

Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun das Script auch andere Trader verstehen und prüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden. Die Nutzung dieses Codes in einer Veröffentlichung wird in unseren Hausregeln reguliert. Sie können es als Favoriten auswählen, um es in einem Chart zu verwenden.

Möchten Sie dieses Skript auf einem Chart verwenden?

capriole_charles
capriole.com
Auch am:

Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.