INVITE-ONLY SCRIPT
True Market Mean Bands
Introducing the "True Market Mean Bands" (TMMB), a technical analysis tool designed for Bitcoin. TMMB provides a model of market valuation by integrating the concept of Vaulted Realized Price with dynamic volatility bands, offering traders insights into potential market movements.
Core Concept and Utility:
The TMMB centers around the Vaulted Realized Price, an advanced metric that refines the realized price by accounting for Bitcoin that is "vaulted" - or held out of active circulation. This metric offers a deeper understanding of market valuation by considering not just the last transaction prices but also the long-term holding behaviors of investors.
Innovative Bands:
Building on this core concept, the TMMB introduces multiple bands that reflect market volatility and supply dynamics. These bands are derived using a combination of statistical analysis and customizable multipliers, allowing for adaptation to varying market conditions. The bands include:
Standard Deviation Bands: Adjusted for market volatility, providing a dynamic measure of overbought and oversold conditions.
Vaulted Realized Price Multiplier Bands: These bands use multipliers inspired by the price distribution around the mean, aligning with key psychological and mathematical levels in the market.
Technical Insight:
At the heart of TMMB lies a robust calculation framework that leverages:
Security Function: To fetch relevant market data, ensuring real-time accuracy and relevance.
Customizable Multipliers: Allowing users to adjust the sensitivity of the bands according to their trading strategies.
Statistical Analysis: Utilizing standard deviation and mean calculations to dynamically adapt the bands to market conditions.
Originality and Usefulness:
The TMMB stands out by offering a unique perspective on Bitcoin's market valuation, taking into account long-term holding patterns which are often overlooked in traditional indicators. This approach not only enriches market analysis but also provides traders with actionable insights, potentially enhancing trading strategies.
Application and Value:
TMMB is especially useful for traders and analysts looking for a deeper understanding of market dynamics, beyond surface-level price movements. It offers a valuable tool for identifying potential entry and exit points, assessing market sentiment, and making informed trading decisions.
Core Concept and Utility:
The TMMB centers around the Vaulted Realized Price, an advanced metric that refines the realized price by accounting for Bitcoin that is "vaulted" - or held out of active circulation. This metric offers a deeper understanding of market valuation by considering not just the last transaction prices but also the long-term holding behaviors of investors.
Innovative Bands:
Building on this core concept, the TMMB introduces multiple bands that reflect market volatility and supply dynamics. These bands are derived using a combination of statistical analysis and customizable multipliers, allowing for adaptation to varying market conditions. The bands include:
Standard Deviation Bands: Adjusted for market volatility, providing a dynamic measure of overbought and oversold conditions.
Vaulted Realized Price Multiplier Bands: These bands use multipliers inspired by the price distribution around the mean, aligning with key psychological and mathematical levels in the market.
Technical Insight:
At the heart of TMMB lies a robust calculation framework that leverages:
Security Function: To fetch relevant market data, ensuring real-time accuracy and relevance.
Customizable Multipliers: Allowing users to adjust the sensitivity of the bands according to their trading strategies.
Statistical Analysis: Utilizing standard deviation and mean calculations to dynamically adapt the bands to market conditions.
Originality and Usefulness:
The TMMB stands out by offering a unique perspective on Bitcoin's market valuation, taking into account long-term holding patterns which are often overlooked in traditional indicators. This approach not only enriches market analysis but also provides traders with actionable insights, potentially enhancing trading strategies.
Application and Value:
TMMB is especially useful for traders and analysts looking for a deeper understanding of market dynamics, beyond surface-level price movements. It offers a valuable tool for identifying potential entry and exit points, assessing market sentiment, and making informed trading decisions.
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只有作者授权的用户才能访问此脚本。您需要申请并获得使用许可。通常情况下，付款后即可获得许可。更多详情，请按照下方作者的说明操作，或直接联系mezor13。
TradingView不建议您付费购买或使用任何脚本，除非您完全信任其作者并了解其工作原理。您也可以在我们的社区脚本找到免费的开源替代方案。
作者的说明
For those in the industry looking to push the boundaries of market analysis and who appreciate the depth of insight that TMMB can offer, I invite you to reach out.
First 10 followers to DM will get this script for 6 months immediately.
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。
仅限邀请脚本
只有作者授权的用户才能访问此脚本。您需要申请并获得使用许可。通常情况下，付款后即可获得许可。更多详情，请按照下方作者的说明操作，或直接联系mezor13。
TradingView不建议您付费购买或使用任何脚本，除非您完全信任其作者并了解其工作原理。您也可以在我们的社区脚本找到免费的开源替代方案。
作者的说明
For those in the industry looking to push the boundaries of market analysis and who appreciate the depth of insight that TMMB can offer, I invite you to reach out.
First 10 followers to DM will get this script for 6 months immediately.
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。