OPEN-SOURCE SCRIPT
PRIORAXIS Zone Bands
PRIORAXIS 200W Zones
WHAT IT SHOWS
This indicator measures how far Bitcoin's price is stretched from its
200-week moving average — one of the most-watched secular levels in BTC —
and ranks that distance against its own history on a 0–1 scale. The result
is split into five zones, Deep Value through Distribution, drawn as price
bands on the chart and colored on the bars.
HOW IT WORKS
Each week it takes the ratio of price to its 200-week MA, then finds where
that ratio sits in its own historical distribution (a rolling percentile).
The zone boundaries are percentile thresholds; each band is the price level
where that percentile historically sat, multiplied by today's 200-week MA.
Because the percentiles roll forward, the bands self-adjust as new cycles
print — the upper band compresses over time on its own, reflecting
Bitcoin's diminishing cycle amplitude. No fixed multipliers, no
curve-fitting.
HOW TO USE IT
Run it on the weekly timeframe, on a log price scale, on a long-history
Bitcoin symbol. Read it as secular context, not a timing signal: it tells
you whether price is historically cheap or expensive relative to its
long-term mean, so accumulation and distribution decisions are anchored to
data instead of emotion. The zone boundaries are inputs — adjust them to
your own framework.
WHAT IT IS NOT
This is a single factor. It lags, it does not call tops or bottoms, and its
extremes are estimated from a small number of historical cycles — treat the
boundaries as approximate, not precise. It is one input of a broader
multi-factor framework, not a complete model and not a trading system.
OPEN SOURCE BY DESIGN
The full code is public and verifiable. If you can read it, you can check
exactly what it does. No black box.
For informational and educational purposes only. This is not financial
advice, not a recommendation to buy or sell any asset, and past behavior
does not predict future results. Do your own research.
WHAT IT SHOWS
This indicator measures how far Bitcoin's price is stretched from its
200-week moving average — one of the most-watched secular levels in BTC —
and ranks that distance against its own history on a 0–1 scale. The result
is split into five zones, Deep Value through Distribution, drawn as price
bands on the chart and colored on the bars.
HOW IT WORKS
Each week it takes the ratio of price to its 200-week MA, then finds where
that ratio sits in its own historical distribution (a rolling percentile).
The zone boundaries are percentile thresholds; each band is the price level
where that percentile historically sat, multiplied by today's 200-week MA.
Because the percentiles roll forward, the bands self-adjust as new cycles
print — the upper band compresses over time on its own, reflecting
Bitcoin's diminishing cycle amplitude. No fixed multipliers, no
curve-fitting.
HOW TO USE IT
Run it on the weekly timeframe, on a log price scale, on a long-history
Bitcoin symbol. Read it as secular context, not a timing signal: it tells
you whether price is historically cheap or expensive relative to its
long-term mean, so accumulation and distribution decisions are anchored to
data instead of emotion. The zone boundaries are inputs — adjust them to
your own framework.
WHAT IT IS NOT
This is a single factor. It lags, it does not call tops or bottoms, and its
extremes are estimated from a small number of historical cycles — treat the
boundaries as approximate, not precise. It is one input of a broader
multi-factor framework, not a complete model and not a trading system.
OPEN SOURCE BY DESIGN
The full code is public and verifiable. If you can read it, you can check
exactly what it does. No black box.
For informational and educational purposes only. This is not financial
advice, not a recommendation to buy or sell any asset, and past behavior
does not predict future results. Do your own research.
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免責事項
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オープンソーススクリプト
TradingViewの精神に則り、このスクリプトの作者はコードをオープンソースとして公開してくれました。トレーダーが内容を確認・検証できるようにという配慮です。作者に拍手を送りましょう！無料で利用できますが、コードの再公開はハウスルールに従う必要があります。
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。