This is the first iteration of an effort to make multiple well-known analytical tools collaborate to help give an objective consensus to the current market conditions.
This indicator ONLY works on a 1 Day Bitcoin Chart!
Each indicator can be viewed one at a time as either an overlay or oscillator version of itself. Make sure to read the tooltip (the little "i") on how to switch between them since you need to manually move it between the oscillator pane and the chart pane.
A global index was added which will take the average of all these indicators to show the final consensus.
You can assign weights to each indicator, this will affect the Global index. They can be viewed as a 0 to 1 or a 0 to 100 scale, it should work the same. For example if you don't want the stock to flow index as part of your equation leave that at 0, maybe you want the weekly moving average at half it's weight you can put it at 0.5. This way the global index average will primarily be decided by the other 3 indicators, and slightly be affected by the weekly moving average.
There is a table that contains all the index values of each indicator for a quick overview.
Finally, alerts have been added for each indicator and the global index.
I will maintain this indicator with updates and perhaps even add more analytical tools based on any suggestions.
Nota Keluaran
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Fixed an major bug that broke the entire indicator.
What does this mean, if the logarithmic growth curve of BTC is at the moment under the red double line? On the Monthly Chart its at -1.55.
dab1rd
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@GoodLuck13, It has never been this low before. Not sure what it means. Maybe it's an anomaly. Maybe the model isn't working anymore. Maybe the model needs adjustment.