Indicator · Pine Script v4 · Own pane

Bitcoin Wallet Transaction Volume (QUANDL:BCHAIN/MWTRV)

by datacrypto-analytics

The Bitcoin Wallet Transaction Volume indicator plots Bitcoin on-chain wallet transaction volume from Quandl BCHAIN/MWTRV in a separate pane.

View on GitHub

GitHub stars3on the repository
Pine versionv4older, still runs
Lines of code27
Settings4inputs
LicenceApache-2.0
Last update3 years ago15 Oct 2023

Add It to Your TradingView Chart

  1. 1Copy the scriptPress Copy script above, or the copy button on the code below.
  2. 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
  3. 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
  4. 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.

Source Code

27 lines of Pine Script v4 from bitcoin_wallet_transactions_volume.pine, published under Apache-2.0. Keep the author's credit and licence lines when you reuse it.

bitcoin_wallet_transactions_volume.pine
// This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
// © DataCryptoAnalytics
//
//@version=4
study("Bitcoin Wallet Transaction Volume (QUANDL:BCHAIN/MWTRV)", format=format.volume)

showMA   = input(true, group = "Configurações ⚙️", title="Mostrar Média Móvel")
sma      = input(6, group = "Configurações ⚙️", title='Média Móvel')
BWTV     = quandl("BCHAIN/MWTRV", barmerge.gaps_off, 0)

periodo  = input(20,'Period')
fator    =input(1.25,'Proportion to average:(1,25 = 125% of average', minval=0)
up       = close > open 
down     = open>close
lime     = #811c1c
red      = #811c1c
silver   = color.new(#ff8c05, 40)
gray     = color.new(#ff8c05, 40)

pesado   = BWTV>(ema(BWTV,periodo)*fator)
palette  = (pesado and up)? lime:(pesado and down)?red:up?silver:gray

azu      = color.new(#ff8c05, 40)
gre      = color.new(#ff0008, 20)

plot(BWTV, color=palette, style=plot.style_columns)
plot(showMA ? sma(BWTV,sma) : na, style=plot.style_line, color=gre)

Overview

Bitcoin Wallet Transaction Volume (QUANDL:BCHAIN/MWTRV) calculates BWTV and colors volume bars lime when above EMA(periodo)*fator on up days or red on down days. An optional SMA(sma) is plotted over the volume when enabled. Settings adjust SMA visibility and length, EMA period, and factor threshold. The indicator is for crypto analysis only and draws exclusively in the volume pane without any trading signals, exit rules, or stop loss.

Details

Published by

datacrypto-analytics on GitHub

Type

Indicator, Pine Script v4

Draws

Separate pane below the chart

Category

Volume, Moving averages

Markets

Crypto

Timeframes

Any timeframe

Risk Notes

No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.

Topics

cryptotradingtradingviewtradingview-pine-scripts

Settings

The inputs you can change from the gear icon on the chart. Defaults are the author's.

SettingTypeDefaultVariable
Mostrar Média MóvelbooltrueshowMA
Média Móvelint6sma
Periodint20periodo
Proportion to average:(1,25 = 125% of averagefloat1.25fator
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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