Crypto Wallets Profitability & Performance [LuxAlgo]

2024년 11월 13일

The Crypto Wallets Profitability & Performance indicator provides a comprehensive view of the financial status of cryptocurrency wallets by leveraging on-chain data from IntoTheBlock. It measures the percentage of wallets profiting, losing, or breaking even based on current market prices.

Additionally, it offers performance metrics across different timeframes, enabling traders to better assess market conditions.

This information can be crucial for understanding market sentiment and making informed trading decisions.

🔶 USAGE



🔹 Wallets Profitability

This indicator is designed to help traders and analysts evaluate the profitability of cryptocurrency wallets in real-time. It aggregates data gathered from the blockchain on the number of wallets that are in profit, loss, or breaking even and presents it visually on the chart.

Breaking even line demonstrates how realized gains and losses have changed, while the profit and the loss monitor unrealized gains and losses.



The signal line helps traders by providing a smoothed average and highlighting areas relative to profiting and losing levels. This makes it easier to identify and confirm trading momentum, assess strength, and filter out market noise.



🔹 Profitability Meter

The Profitability Meter is an alternative display that visually represents the percentage of wallets that are profiting, losing, or breaking even.



🔹 Performance

The script provides a view of the financial health of cryptocurrency wallets, showing the percentage of wallets in profit, loss, or breaking even. By combining these metrics with performance data across various timeframes, traders can gain valuable insights into overall wallet performance, assess trend strength, and identify potential market reversals.



🔹 Dashboard

The dashboard presents a consolidated view of key statistics. It allows traders to quickly assess the overall financial health of wallets, monitor trend strength, and gauge market conditions.



🔶 DETAILS

🔹 The Chart Occupation Option

The chart occupation option adjusts the occupation percentage of the chart to balance the visibility of the indicator.



🔹 The Height in Performance Options

Crypto markets often experience significant volatility, leading to rapid and substantial gains or losses. Hence, plotting performance graphs on top of the chart alongside other indicators can result in a cluttered display. The height option allows you to adjust the plotting for balanced visibility, ensuring a clearer and more organized chart.



🔶 SETTINGS

The script offers a range of customizable settings to tailor the analysis to your trading needs.

• Chart Occupation %: Adjust the occupation percentage of the chart to balance the visibility of the indicator.
  

🔹 Profiting Wallets

• Profiting Percentage: Toggle to display the percentage of wallets in profit.
  
• Smoothing: Adjust the smoothing period for the profiting percentage line.
  
• Signal Line: Choose a signal line type (SMA, EMA, RMA, or None) to overlay on the profiting percentage.
  

🔹 Losing Wallets

• Losing Percentage: Toggle to display the percentage of wallets in loss.
  
• Smoothing: Adjust the smoothing period for the losing percentage line.
  
• Signal Line: Choose a signal line type (SMA, EMA, RMA, or None) to overlay on the losing percentage.
  

🔹 Breaking Even Wallets

• Breaking-Even Percentage: Toggle to display the percentage of wallets breaking even.
  
• Smoothing: Adjust the smoothing period for the breaking-even percentage line.
  

🔹 Profitability Meter

• Profitability Meter: Enable or disable the meter display, set its width, and adjust the offset.
  

🔹 Performance

• Performance Metrics: Choose the timeframe for performance metrics (Day to Date, Week to Date, etc.).
  
• Height: Adjust the height of the chart visuals to balance the visibility of the indicator.
  

🔹 Dashboard

• Block Profitability Stats: Toggle the display of profitability stats.
  
• Performance Stats: Toggle the display of performance stats.
  
• Dashboard Size and Position: Customize the size and position of the performance dashboard on the chart.
  

🔶 RELATED SCRIPTS

• Market-Sentiment-Technicals
• Multi-Chart-Widget