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OCM SOPR Z-Score
OCM SOPR Z-Score
This indicator measures the Spent Output Profit Ratio (SOPR) for Bitcoin, smoothed as a Z-Score. SOPR is a key on-chain metric used to assess market profit-taking behaviour by comparing the price at which coins were sold to the price at which they were acquired. Values above 1 indicate profits being realized, while values below 1 suggest selling at a loss.
The indicator features a heatmap-style colour gradient reflecting the SOPR value intensity, making it easier to visually identify shifts in market sentiment. Subtle background highlights appear when the SOPR crosses upper or lower threshold levels, configurable to highlight overbought or oversold profit-taking extremes. This tool offers a straightforward way to monitor when the market may be topping or bottoming based on realized profit trends.
⏰ Timeframes to be used on:
Daily
Weekly
This indicator measures the Spent Output Profit Ratio (SOPR) for Bitcoin, smoothed as a Z-Score. SOPR is a key on-chain metric used to assess market profit-taking behaviour by comparing the price at which coins were sold to the price at which they were acquired. Values above 1 indicate profits being realized, while values below 1 suggest selling at a loss.
The indicator features a heatmap-style colour gradient reflecting the SOPR value intensity, making it easier to visually identify shifts in market sentiment. Subtle background highlights appear when the SOPR crosses upper or lower threshold levels, configurable to highlight overbought or oversold profit-taking extremes. This tool offers a straightforward way to monitor when the market may be topping or bottoming based on realized profit trends.
⏰ Timeframes to be used on:
Daily
Weekly
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya dengan percuma dan tanpa had – ketahui lebih lanjut di sini.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.