Bitcoin Cycle Phase Map is an overlay indicator that shades the Bitcoin chart by days since the latest halving, split into boom, bust and recovery zones.
1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
The zone boundaries, set at 520 and 910 days by default, can be changed. It projects upcoming zones forward using a fixed halving calendar that includes an estimated next date, draws boundary and halving lines, and shows a status table. The zones come from a small number of past cycles and are descriptive. It is meant for daily to monthly charts.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Shade boom / bust / recovery zones
bool
true
showZones
Project the upcoming zones forward
bool
true
showProject
Zone boundary lines + halvings
bool
true
showBounds
Status table
bool
true
showTable
Table position
string
Bottom Right
tblPosIn
Boom ends / Bust begins
int
520
boomEnd
Bust ends / Recovery begins
int
910
bustEnd
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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