The indicator helps to track the percentage loss/gain of the quantity of the asset as a result of LP rebalancing due to price changes. Calculations are based on the common AMM equation x * y = k.
This is the initial version of the indicator. It is certainly a subject to further improvement. If you have any suggestions send them here at andmax071@gmail.com.
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publications is governed by House rules. 您可以收藏它以在圖表上使用。