Simple script that graphically represents the Bitcoin Market Capitalization
Blockchain data made available at QUANDL .
Its logic is simple, search the data in the QUANDL database and plot it on the chart.
This is the "forever" moving average of the Market Cap.
The cumulative sum of the daily Market Cap values divided by the age of the market in days.
Can be seen as an ultimate bottom that should never be touched and if so is a good buying opportunity.
The default settings are for BTC.
If you want to test this indicator on another chart you have to change the...
This script superseeds "Other altcoins BTC capitalization histogram". The previous versions was a bit confusing in my opinion and lacked some generalization, so I'm now publishing this improved version.
It shows 6 pieces of info:
- Green columns: BTC price change for that day.
- Red bars: Altcoins capitalization change for that day, measured in bitcoins...
This study is intented to be used in combination with my other study "Other alts compensated cap". Read its description, in particular, it's rationale, to understand why I have removed the big capitalized altcoins from these studies.
The middle indicator in the image is that other study, while the indicator in the buttom of the image is...
DISCLAIMER: I'm not a native English speaker, so let me know please about mistakes in my wording.
This indicator (the middle one in the image) shows how the "others altcoins" (all altcoins except coins with high capitalization) are adding own value to its capitalization by removing BTC price changes. By "own value" I mean USD value gaining...
This tool finds the most optimal allocation size for each trading setup. It has 3 modes.
Basic (it meets the minimum profitability requirements):
% Profitable: the probability of winning and is calculated by dividing the number of winning trades by the total number of trades.
Profit Ratio: a measure of the ability to generate profit instead of loss and is...
🔗 Blockchain Fundamentals - Thermocap (Marketcap Alternative) by Cryptorhythms
Market capitalization is an indicator for assessing the value of equity in companies. Crypto has inherited the metric from stocks and is having a hard time trying to get rid of it. Problems here are:
Market Cap takes into account all coins distributed so far, not...
Genesis strategy. Trading strategies can't be so perfect, they can't scrape the bottom and escape the top, and they can't capture all the examples in the market. Trading system only processes the past data, divides the market and classifies it completely.
Don't try to predict how the market will go. It will cost a lot. We should follow the market and make friends...