INVITE-ONLY SCRIPT
True Market Mean Bands
Introducing the "True Market Mean Bands" (TMMB), a technical analysis tool designed for Bitcoin. TMMB provides a model of market valuation by integrating the concept of Vaulted Realized Price with dynamic volatility bands, offering traders insights into potential market movements.
Core Concept and Utility:
The TMMB centers around the Vaulted Realized Price, an advanced metric that refines the realized price by accounting for Bitcoin that is "vaulted" - or held out of active circulation. This metric offers a deeper understanding of market valuation by considering not just the last transaction prices but also the long-term holding behaviors of investors.
Innovative Bands:
Building on this core concept, the TMMB introduces multiple bands that reflect market volatility and supply dynamics. These bands are derived using a combination of statistical analysis and customizable multipliers, allowing for adaptation to varying market conditions. The bands include:
Standard Deviation Bands: Adjusted for market volatility, providing a dynamic measure of overbought and oversold conditions.
Vaulted Realized Price Multiplier Bands: These bands use multipliers inspired by the price distribution around the mean, aligning with key psychological and mathematical levels in the market.
Technical Insight:
At the heart of TMMB lies a robust calculation framework that leverages:
Security Function: To fetch relevant market data, ensuring real-time accuracy and relevance.
Customizable Multipliers: Allowing users to adjust the sensitivity of the bands according to their trading strategies.
Statistical Analysis: Utilizing standard deviation and mean calculations to dynamically adapt the bands to market conditions.
Originality and Usefulness:
The TMMB stands out by offering a unique perspective on Bitcoin's market valuation, taking into account long-term holding patterns which are often overlooked in traditional indicators. This approach not only enriches market analysis but also provides traders with actionable insights, potentially enhancing trading strategies.
Application and Value:
TMMB is especially useful for traders and analysts looking for a deeper understanding of market dynamics, beyond surface-level price movements. It offers a valuable tool for identifying potential entry and exit points, assessing market sentiment, and making informed trading decisions.
Core Concept and Utility:
The TMMB centers around the Vaulted Realized Price, an advanced metric that refines the realized price by accounting for Bitcoin that is "vaulted" - or held out of active circulation. This metric offers a deeper understanding of market valuation by considering not just the last transaction prices but also the long-term holding behaviors of investors.
Innovative Bands:
Building on this core concept, the TMMB introduces multiple bands that reflect market volatility and supply dynamics. These bands are derived using a combination of statistical analysis and customizable multipliers, allowing for adaptation to varying market conditions. The bands include:
Standard Deviation Bands: Adjusted for market volatility, providing a dynamic measure of overbought and oversold conditions.
Vaulted Realized Price Multiplier Bands: These bands use multipliers inspired by the price distribution around the mean, aligning with key psychological and mathematical levels in the market.
Technical Insight:
At the heart of TMMB lies a robust calculation framework that leverages:
Security Function: To fetch relevant market data, ensuring real-time accuracy and relevance.
Customizable Multipliers: Allowing users to adjust the sensitivity of the bands according to their trading strategies.
Statistical Analysis: Utilizing standard deviation and mean calculations to dynamically adapt the bands to market conditions.
Originality and Usefulness:
The TMMB stands out by offering a unique perspective on Bitcoin's market valuation, taking into account long-term holding patterns which are often overlooked in traditional indicators. This approach not only enriches market analysis but also provides traders with actionable insights, potentially enhancing trading strategies.
Application and Value:
TMMB is especially useful for traders and analysts looking for a deeper understanding of market dynamics, beyond surface-level price movements. It offers a valuable tool for identifying potential entry and exit points, assessing market sentiment, and making informed trading decisions.
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除非您完全信任其作者並了解腳本的工作原理，否則TradingView不建議您付費或使用腳本。您也可以在我們的社群腳本中找到免費的開源替代方案。
作者的說明
For those in the industry looking to push the boundaries of market analysis and who appreciate the depth of insight that TMMB can offer, I invite you to reach out.
First 10 followers to DM will get this script for 6 months immediately.
提醒：在請求訪問權限之前，請閱讀僅限邀請腳本指南。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
僅限邀請腳本
只有經作者授權的使用者才能訪問此腳本，且通常需付費。您可以將此腳本加入收藏，但需先向作者申請並獲得許可後才能使用 — 點擊此處了解更多。如需更多詳情，請依照作者說明或直接聯繫mezor13。
除非您完全信任其作者並了解腳本的工作原理，否則TradingView不建議您付費或使用腳本。您也可以在我們的社群腳本中找到免費的開源替代方案。
作者的說明
For those in the industry looking to push the boundaries of market analysis and who appreciate the depth of insight that TMMB can offer, I invite you to reach out.
First 10 followers to DM will get this script for 6 months immediately.
提醒：在請求訪問權限之前，請閱讀僅限邀請腳本指南。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。