INVITE-ONLY SCRIPT

Value Days Destroyed (VDD) [MarktQuant]

235
The "Value Days Destroyed (VDD) Indicator" tracks Bitcoin’s or Ethereum's VDD metric to gauge market momentum. It offers two views—Raw VDD or Z-score—using color-coded columns and optional bar colors/table.

Key Features:
  • VDD Mode: Shows momentum via columns (green: low, yellow/orange: moderate, red: high).
  • Z-Score Mode: Plots a Z-score as a histogram (green to red gradient).
  • Visuals: Dynamic colors, optional bar syncing, and a table with zones (Cold to Hot) plus Z-score.


Inputs:
Toggle bar colors and table; choose gradient or fixed colors; switch between VDD or Z-score display.

Usage:
Monitor short-term activity (VDD) or long-term extremes (Z-score) to spot accumulation or distribution phases.

Purpose:
A concise tool for Bitcoin traders to analyze transaction momentum and statistical trends.

Отказ от ответственности

Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.