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Trendmaster - Crypto Miner Confidence Metric

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What it is:
The Crypto Miner Confidence Metric analyses a handful of highly utilized Crypto networks to gain insight into the potential sentiment amongst those securing them and more specifically Crypto miners.

What it does:
It takes into account the overall trend in the increase or decrease of current computational power securing the networks, otherwise known as the hashrate - as well as the overall network inflows/outflows and holdings of those miners.

How to use it:
Using this data we can conclude whether their stance is currently Bullish or Bearish, with a value of 100 indicating an extremely positive future outlook from miners and a value of 0 representing a severe lack of confidence. Changes or pivots in the direction of miner confidence can indicate a shift in their Bullish or Bearish stance.
Release Notes
-Daily Alert Settings Accurized for output
-Divergences optimized against Price and work when using the invert function
Release Notes
- Color Fix

Disclaimer

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