OPEN-SOURCE SCRIPT
Master Litecoin Miner Sell Pressure
The "Master Litecoin Miner Sell Pressure" indicator (Pine Script v5) tracks Litecoin miner selling pressure by comparing 14-day miner outflows to reserves, using IntoTheBlock data. It highlights high sell pressure with a blue background when the metric exceeds a 200-day Bollinger Band upper threshold, signaling potential bearish price pressure. Licensed under Mozilla Public License 2.0, adapted from © capriole_charles' Bitcoin indicator.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.