Conceptual indicator based on trying to find an inverse correlation between bitcoin and traditional markets due to bitcoin's usefulness as a hedge against economic downturns.
How to use this script: you look at it and see if there is a correlation or not between bitcoin / Ethereum price and either U.S. stock CVi , buy volume , sell volume , calls, puts, or the call/put ratio.
How to use this script: you look at it and see if there is a correlation or not between bitcoin / Ethereum price and either U.S. stock CVi , buy volume , sell volume , calls, puts, or the call/put ratio.
My published indicators: www.tradingview.com/u/NeoButane/
Sorry if I haven't replied to your message yet, I'm a bit backlogged :)
Sorry if I haven't replied to your message yet, I'm a bit backlogged :)