OPEN-SOURCE SCRIPT
Supply Weighted Moving Average
Use on a Weekly timeframe:
This moving average channel is weighted based on the new BTC offer:
I believe that the slope of the Bitcoin trend line correlates with the new supply and availability problem.
Thanks MJShahsavar
Original script "Weighted average moving average of the offer: Onchin"
This moving average channel is weighted based on the new BTC offer:
I believe that the slope of the Bitcoin trend line correlates with the new supply and availability problem.
Thanks MJShahsavar
Original script "Weighted average moving average of the offer: Onchin"
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.