OPEN-SOURCE SCRIPT
Stable print/burn

This indicator is a "Liquidity Scanner" for the crypto market. It tracks the movement of US dollars flowing in and out of the ecosystem through the 5 major stablecoins (USDT, USDC, DAI, FDUSD, and PYUSD).
Here is exactly how it works:
1. It tracks "Printing" vs "Burning"Mint (Green Bar): When new stablecoins are created, it means investors are depositing real dollars to buy crypto. This is buying power entering the market.Burn (Red Bar). When stablecoins are destroyed, it means investors are cashing out to their bank accounts. This is liquidity leaving the market.
2. It calculates the "Net Flow"Instead of just looking at the price, it calculates the daily change. By summing the 5 major stables, it gives you a global view of the total "dry powder" available to pump the market.
3. Key FeaturesAnti-Error Logic: It uses "Non-Zero" logic, so if a stablecoin didn't exist a few years ago (like PYUSD), it won't break your chart. You get the full history.Flexible Selection: You can toggle each stablecoin ON or OFF in the settings to see how individual players (like Tether) impact the total liquidity.Trend Line: The white line shows the 7-day average, helping you see if money is consistently entering the market or if it was just a one-time event.How to read it:Big Green Bars: Usually a Bullish signal. Large amounts of cash are ready to buy.Big Red Bars: Usually a Bearish signal. The "fuel" is being removed from the engine.
Here is exactly how it works:
1. It tracks "Printing" vs "Burning"Mint (Green Bar): When new stablecoins are created, it means investors are depositing real dollars to buy crypto. This is buying power entering the market.Burn (Red Bar). When stablecoins are destroyed, it means investors are cashing out to their bank accounts. This is liquidity leaving the market.
2. It calculates the "Net Flow"Instead of just looking at the price, it calculates the daily change. By summing the 5 major stables, it gives you a global view of the total "dry powder" available to pump the market.
3. Key FeaturesAnti-Error Logic: It uses "Non-Zero" logic, so if a stablecoin didn't exist a few years ago (like PYUSD), it won't break your chart. You get the full history.Flexible Selection: You can toggle each stablecoin ON or OFF in the settings to see how individual players (like Tether) impact the total liquidity.Trend Line: The white line shows the 7-day average, helping you see if money is consistently entering the market or if it was just a one-time event.How to read it:Big Green Bars: Usually a Bullish signal. Large amounts of cash are ready to buy.Big Red Bars: Usually a Bearish signal. The "fuel" is being removed from the engine.
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开源脚本
秉承TradingView的精神,该脚本的作者将其开源,以便交易者可以查看和验证其功能。向作者致敬!您可以免费使用该脚本,但请记住,重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。