OPEN-SOURCE SCRIPT
已更新 Glassnode BTC SOPR Toolkit
SOPR stand for Spent Output Profit Ratio. It’s a Bitcoin on-chain metric that shows whether Bitcoin spent outputs (UTXO’s) are being realized in profit or loss. It’s calculated by dividing realized value by the value at creation (price sold / price paid).
The SOPR metric traditionally uses a baseline of 1 instead of 0. For the purposes of the script, I've changed the baseline to 0.
SOPR signals > 0 show the overall market is transaction at a profit.
SOPR signals < 0 show the overall market is transacting at a loss.
SOPR servers as a great short/mid-term indicator.
SOPR Toolkit Features
- Smoothed SOPR
- SOPR Spikes
Smoothed SOPR
By default, ‘Smoothed SOPR’ is shown which applies a smoothing function to SOPR. This helps to visualize the broader SOPR trend.
Smoothed SOPR is calculated by taking the difference between positive and negative SOPR values.
SOPR is split into separate arrays based on if it's above or below the baseline A moving average is then applied to each array, then subtracted to get the difference.
You can also change whether or not a SMA, EMA, or Volume Weighted Simple/Exponential moving average is used. The VWMA is calculated using Glassnode’s BTC Total Transfer Volume metric.
SOPR Spikes
Shows relevant SOPR spikes.
SOPR spikes is calculated by applying a Bollinger Band to SOPR. Only values spike outside the bands are shown.
Adjust the StdDev to show more/less relevant spikes.
Enjoy :)
The SOPR metric traditionally uses a baseline of 1 instead of 0. For the purposes of the script, I've changed the baseline to 0.
SOPR signals > 0 show the overall market is transaction at a profit.
SOPR signals < 0 show the overall market is transacting at a loss.
SOPR servers as a great short/mid-term indicator.
SOPR Toolkit Features
- Smoothed SOPR
- SOPR Spikes
Smoothed SOPR
By default, ‘Smoothed SOPR’ is shown which applies a smoothing function to SOPR. This helps to visualize the broader SOPR trend.
Smoothed SOPR is calculated by taking the difference between positive and negative SOPR values.
SOPR is split into separate arrays based on if it's above or below the baseline A moving average is then applied to each array, then subtracted to get the difference.
You can also change whether or not a SMA, EMA, or Volume Weighted Simple/Exponential moving average is used. The VWMA is calculated using Glassnode’s BTC Total Transfer Volume metric.
SOPR Spikes
Shows relevant SOPR spikes.
SOPR spikes is calculated by applying a Bollinger Band to SOPR. Only values spike outside the bands are shown.
Adjust the StdDev to show more/less relevant spikes.
Enjoy :)
版本注释
*Minor fixes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。
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。
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。