OPEN-SOURCE SCRIPT
Supply Weighted Moving Average: Onchin

Use this Onchain Channel in Weekly Timeframe - on BTCUSD BUTSTAMP Chart:
This Moving average channel is weighted based on BTC's new Supply:
I believe the slope of the Bitcoin trend line is correlated to the new supply and the issue of Halving.
The chart below shows this:

In fact, after each Halving, the supply is halved. Halving the supply increases the demand-for-supply ratio and increases the price. But the uptrend slope also halves after each halving.
Therefore, the slope of the bitcoin trend is correlated with the new supply rate. This is the logic of this new metric.
Accordingly, the moving average is weighted based on the new supply. This new channel can identify where bitcoin is too cheap or too expensive in the historical chart. It has also marked support/resistance Supply Weighted Moving Average.
This Moving average channel is weighted based on BTC's new Supply:
I believe the slope of the Bitcoin trend line is correlated to the new supply and the issue of Halving.
The chart below shows this:
In fact, after each Halving, the supply is halved. Halving the supply increases the demand-for-supply ratio and increases the price. But the uptrend slope also halves after each halving.
Therefore, the slope of the bitcoin trend is correlated with the new supply rate. This is the logic of this new metric.
Accordingly, the moving average is weighted based on the new supply. This new channel can identify where bitcoin is too cheap or too expensive in the historical chart. It has also marked support/resistance Supply Weighted Moving Average.
开源脚本
本着TradingView的真正精神,此脚本的创建者将其开源,以便交易者可以查看和验证其功能。向作者致敬!虽然您可以免费使用它,但请记住,重新发布代码必须遵守我们的网站规则。
For more of my on-chain analyses, visit my CryptoQuant profile:
cryptoquant.com/profile/u/CryptoOnchain?tab=quicktake
cryptoquant.com/profile/u/CryptoOnchain?tab=quicktake
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
开源脚本
本着TradingView的真正精神,此脚本的创建者将其开源,以便交易者可以查看和验证其功能。向作者致敬!虽然您可以免费使用它,但请记住,重新发布代码必须遵守我们的网站规则。
For more of my on-chain analyses, visit my CryptoQuant profile:
cryptoquant.com/profile/u/CryptoOnchain?tab=quicktake
cryptoquant.com/profile/u/CryptoOnchain?tab=quicktake
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。