🔶Public Release of Kurdistani Style Cycle Indicator | Bitcoin Cycle Indicator

🔶Public Release of Kurdistani Style Cycle Indicator | Bitcoin Cycle Indicator

This indicator divides the market into 5 phases by combining three on-chain metrics (MVRV, NUPL, and SOPR proxy) with Z-Score normalization.

📊 Construction Method:
• Where MVRV = Market Cap ÷ Realized Cap
• Where NUPL = 1 - (1/MVRV)
• SOPR Proxy = Price position in short-term range minus long-term
⬇️ Both Z-Score normalized (365-day mean and standard deviation)
⚖️ Weighted combination (Default: MVRV 40%, NUPL 40%, SOPR 20%)
📈 Bull-Bear Index = Composite index - 365-day moving average

🌈 5 Market Phases:
🔵 Extreme Bear (Bull-Bear ≤ -1.5) ← Deep bottom, long-term buying opportunity
🔷 Bear (Between -1.5 and 0) ← Downtrend/Consolidation
🟢 Early Bull (0 to 0.5) ← Recovery begins
🟠 Bull (0.5 to 1.5) ← Healthy uptrend
🔴 Overbought (≥ 1.5) ← Top probability, time to take profit

📉 Graphical Display:
• Gray Bull-Bear line + phase colored columns
• Red dotted lines (1.5+) and blue ones (-1.5-)
• BTC price Z-Score overlap (light line)
• Real-time info table (MVRV, NUPL, SOPR, Price…)
⚠️ An asterisk (*) next to on-chain data in lower timeframes means not updated.

⚙️ Key Settings:
• Cycle moving average length (365)
• Z-Score period (365)
• Phase thresholds (1.5 and 0.5 and -1.5)
• Weight of each component
• Minimum valid weight for calculation (0.5)
• Enable/disable normalized price line

🧠 Strategy:
🔵 Step-by-step buying in Extreme Bear
🟢 Confirmed entry in Early Bull
🟠 Hold position in Bull
🔴 Gradual exit or take profit in Overbought
Double confirmation: Price Z-Score alignment with the phase

⚠️ Limitation: SOPR proxy replaces real data. Daily timeframe is suggested. Buy/sell signal is not absolute.

#indicator #tradingview #onchain #MarketCycle