OPEN-SOURCE SCRIPT
Smooth BTCSPL [GiudiceQuantico] – Dual Smoothed MAs
Smooth BTCSPL – Dual Smoothed MAs
What it measures
• % of Bitcoin addresses in profit vs loss (on-chain tickers).
• Spread = profit % − loss % → quick aggregate-sentiment gauge.
• Optional alpha-decay normalisation ⇒ keeps the curve on a 0-1 scale across cycles.
User inputs
• Use Alpha-Decay Adjusted Input (true/false).
• Fast MA – type (SMA / EMA / WMA / VWMA) & length (default 100).
• Slow MA – type & length (default 200).
• Colours – Bullish (#00ffbb) / Bearish (magenta).
Computation flow
1. Fetch daily on-chain series.
2. Build raw spread.
3. If alpha-decay enabled:
alpha = (rawSpread − 140-week rolling min) / (1 − rolling min).
4. Smooth chosen base with Fast & Slow MAs.
5. Bullish when Fast > Slow, bearish otherwise.
6. Bars tinted with the same bull/bear colour.
How to read
• Fast crosses above Slow → rising “addresses-in-profit” momentum → bullish bias.
• Fast crosses below Slow → stress / capitulation risk.
• Price-indicator divergences can flag exhaustion or hidden accumulation.
Tips
• Keep in a separate pane (overlay = false); bar-colouring still shows on price chart.
• Shorter lengths for swing trades, longer for macro outlook.
• Combine with funding rates, NUPL or simple price-MA crossovers for confirmation.
What it measures
• % of Bitcoin addresses in profit vs loss (on-chain tickers).
• Spread = profit % − loss % → quick aggregate-sentiment gauge.
• Optional alpha-decay normalisation ⇒ keeps the curve on a 0-1 scale across cycles.
User inputs
• Use Alpha-Decay Adjusted Input (true/false).
• Fast MA – type (SMA / EMA / WMA / VWMA) & length (default 100).
• Slow MA – type & length (default 200).
• Colours – Bullish (#00ffbb) / Bearish (magenta).
Computation flow
1. Fetch daily on-chain series.
2. Build raw spread.
3. If alpha-decay enabled:
alpha = (rawSpread − 140-week rolling min) / (1 − rolling min).
4. Smooth chosen base with Fast & Slow MAs.
5. Bullish when Fast > Slow, bearish otherwise.
6. Bars tinted with the same bull/bear colour.
How to read
• Fast crosses above Slow → rising “addresses-in-profit” momentum → bullish bias.
• Fast crosses below Slow → stress / capitulation risk.
• Price-indicator divergences can flag exhaustion or hidden accumulation.
Tips
• Keep in a separate pane (overlay = false); bar-colouring still shows on price chart.
• Shorter lengths for swing trades, longer for macro outlook.
• Combine with funding rates, NUPL or simple price-MA crossovers for confirmation.
開源腳本
秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
GQ
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開源腳本
秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。