OPEN-SOURCE SCRIPT
已更新 Hash Ribbons

Buying during Miner Capitulation yields wonderful returns.
The best buy signals occur on Hash Rate "recovery", and when price momentum is also positive.
Historically, this strategy has yielded average returns to cycle peak of >5000%, with max Drawdown of -15%.
Follow me to learn more about this indicator.
The best buy signals occur on Hash Rate "recovery", and when price momentum is also positive.
Historically, this strategy has yielded average returns to cycle peak of >5000%, with max Drawdown of -15%.
Follow me to learn more about this indicator.
發行說明
Updated shape titles.發行說明
Cleaned up chart/code. No technical changes.發行說明
More chart formatting for clarity on "light" TradingView theme.No technical changes.
發行說明
Release Notes: Update v1.1
All prior calculation logic remains unchanged.
This Update includes:- Fix of re-painting issue on live data. This stop false alerts before the daily bar has closed. On live data, yesterday’s Hash Rates will be used regardless of the Bitcoin ticker symbol you are looking at.
- Addition of multi-time-frame management. This now gives you the ability to use this indicator on any time-frame (Minutely, Hourly, Daily) and always know you are looking at the Hash rate values from yesterday's close.
Enjoy!
發行說明
Added "Capitulation" and "Recovery" text to plot發行說明
- Added chart "alerts" for easier notification
- Added chart shape "titles"
- Minor chart formatting tweaks
- No calculation changes
發行說明
- Added notes in code explaining how to use the "Spring" (copied below)
- Added option to display raw Hash Rate
- Fixed minor bug where 1 blue circle in 2012 didn't appear on the chart
The "Spring" is the confirmed Miner Capitulation period:
- The 1st "gray" circle is the start of Capitulation (1 month Hash Rate crosses UNDER 2 month Hash Rate)
- Last "green" circle is the end of Capitulation (1 month Hash Rate crosses OVER 2 month Hash Rate)
- The "greener" the spring gets (up until blue) represents Hash Rate recovery (it is increasing)
- The "blue" circle is the first instance of positive momentum following recovery of Hash Rate (1m HR > 2m HR). This is historically a rewarding place to buy with limited downside.
發行說明
Small fix for intra-day time frame management.發行說明
Minor code tweak.發行說明
Minor code optimization - no logic change.發行說明
Updated projected date for the 3rd halving in May 2020.發行說明
sourcing發行說明
Sourcing update發行說明
Updated script to use "Into the block" datasource given Nasdaq data hasn't updated in a month.開源腳本
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
免責聲明
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
開源腳本
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
免責聲明
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
