From TradersList Editors

From TradersList Editors

Leverage this free TradingView indicator to identify market tops and bottoms using SOPR Moving Averages on a weekly timeframe.

Leverage this free TradingView indicator to identify market tops and bottoms using SOPR Moving Averages on a weekly timeframe.

TradingView Indicator

TradingView Indicator

BTC Leading SOPR Indicator for TradingView: On-Chain Metric for Market Top and Bottom Detection

BTC Leading SOPR Indicator for TradingView: On-Chain Metric for Market Top and Bottom Detection

TradingView chart interface displaying the BTC Leading SOPR Onchain statistics indicator plotting the weekly moving average of the Spent Output Profit Ratio against Bitcoin price action

by cryptoonchain on TradingView

TradingView chart interface displaying the BTC Leading SOPR Onchain statistics indicator plotting the weekly moving average of the Spent Output Profit Ratio against Bitcoin price action

by cryptoonchain on TradingView

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BTC Leading SOPR: Onchain

BTC Leading SOPR: Onchain

BTC Leading SOPR: Onchain is a free TradingView indicator that calculates the SOPR Moving Average on a weekly timeframe to estimate realized profit or loss from on-chain data.

BTC Leading SOPR: Onchain is a free TradingView indicator that calculates the SOPR Moving Average on a weekly timeframe to estimate realized profit or loss from on-chain data.

Get on TradingView

This indicator is available on TradingView web charting platform. Signing up for a free account is required, no downloads.

Get on TradingView

This indicator is available on TradingView web charting platform. Signing up for a free account is required, no downloads.

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Open Source

Listing has publically available source code that can be audited and modified as needed.

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Open Source

Listing has publically available source code that can be audited and modified as needed.

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Free Access

All features of this listing are fully free to use with no pricing tiers. Simply start using.

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Free Access

All features of this listing are fully free to use with no pricing tiers. Simply start using.

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Popular Topic

Concepts and theories mentioned in listing are popular topics in web search

🌐

Popular Topic

Concepts and theories mentioned in listing are popular topics in web search

Published by cryptoonchain on TradingView

Published by cryptoonchain on TradingView

Understanding the Spent Output Profit Ratio

SOPR measures whether Bitcoin holders are selling their coins at a profit or loss. It compares the price at which coins were last moved on-chain to the price when they are currently spent. A SOPR above 1 means sellers are in aggregate profit; below 1 means they are selling at a loss on average.

Weekly Moving Average for Macro Signals

This indicator smooths the raw SOPR using a weekly moving average, filtering out daily noise to reveal the broader sentiment trend. The smoothed version is more useful for identifying macro turning points - such as when holders shift from loss-taking capitulation back to profit-taking, signaling a potential market bottom.

Understanding the Spent Output Profit Ratio

SOPR measures whether Bitcoin holders are selling their coins at a profit or loss. It compares the price at which coins were last moved on-chain to the price when they are currently spent. A SOPR above 1 means sellers are in aggregate profit; below 1 means they are selling at a loss on average.

Weekly Moving Average for Macro Signals

This indicator smooths the raw SOPR using a weekly moving average, filtering out daily noise to reveal the broader sentiment trend. The smoothed version is more useful for identifying macro turning points - such as when holders shift from loss-taking capitulation back to profit-taking, signaling a potential market bottom.

How SOPR Signals Market Reversals

In bull markets, SOPR dipping to 1 and bouncing signals a "buy the dip" opportunity - holders refuse to sell at a loss, creating a support floor. In bear markets, SOPR rising to 1 and getting rejected signals resistance - holders rush to exit at breakeven, creating a ceiling. These patterns repeat across Bitcoin cycles.

Combining SOPR With Other On-Chain Metrics

For higher conviction, traders pair SOPR readings with metrics like MVRV ratio, exchange flow data and active address trends. When multiple on-chain indicators align - for example, SOPR bouncing off 1 while exchange outflows increase - the probability of a sustained move increases significantly compared to using any single metric.

How SOPR Signals Market Reversals

In bull markets, SOPR dipping to 1 and bouncing signals a "buy the dip" opportunity - holders refuse to sell at a loss, creating a support floor. In bear markets, SOPR rising to 1 and getting rejected signals resistance - holders rush to exit at breakeven, creating a ceiling. These patterns repeat across Bitcoin cycles.

Combining SOPR With Other On-Chain Metrics

For higher conviction, traders pair SOPR readings with metrics like MVRV ratio, exchange flow data and active address trends. When multiple on-chain indicators align - for example, SOPR bouncing off 1 while exchange outflows increase - the probability of a sustained move increases significantly compared to using any single metric.

On-chain based analysis of realized profit and loss

On-chain based analysis of realized profit and loss

The SOPR Moving Average calculates whether Bitcoin holders are selling at aggregate profit or loss using on-chain data. This weekly smoothed version filters daily noise to reveal macro sentiment shifts, helping traders identify potential capitulation bottoms and profit-taking tops across market cycles.

The SOPR Moving Average calculates whether Bitcoin holders are selling at aggregate profit or loss using on-chain data. This weekly smoothed version filters daily noise to reveal macro sentiment shifts, helping traders identify potential capitulation bottoms and profit-taking tops across market cycles.

Derive data-driven market signals

SOPR readings above 1 mean sellers are in profit while readings below 1 indicate loss-taking. The moving average smooths these readings into actionable macro signals.

Spot potential trend exhaustion points

When SOPR dips to 1 in bull markets and bounces, holders are refusing to sell at a loss. When SOPR rises to 1 in bear markets and gets rejected, breakeven sellers create resistance.

Monitor Bitcoin market cycles

SOPR patterns repeat across Bitcoin cycles. Recognizing these patterns helps traders position for major reversals at historically significant sentiment extremes.

Common Questions About Bitcoin SOPR On-Chain Analysis

Common Questions About Bitcoin SOPR On-Chain Analysis

Spent Output Profit Ratio measures whether Bitcoin holders are selling at profit or loss, providing insight into market sentiment and potential turning points. These questions address SOPR interpretation for trading.

Spent Output Profit Ratio measures whether Bitcoin holders are selling at profit or loss, providing insight into market sentiment and potential turning points. These questions address SOPR interpretation for trading.

What does SOPR above or below 1 indicate?

SOPR above 1 means coins are moving at a profit on average. Below 1 means holders are realizing losses. Sustained readings below 1 often indicate capitulation while readings well above 1 suggest profit-taking. The 1 level acts as psychological support in bull markets.

How do I use SOPR for timing Bitcoin entries?

SOPR touching or dipping below 1 in uptrends often marks local bottoms as selling exhausts. In downtrends, SOPR unable to sustain above 1 confirms weakness. Look for SOPR divergences from price for early reversal signals. Combine with price structure for timing.

Why does SOPR sometimes give false signals?

SOPR measures aggregate behavior and may not capture nuanced positioning. Large whale movements can distort readings. In ranging markets, SOPR oscillates without clear signals. Use SOPR as context rather than standalone trigger and confirm with price action.

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Web sentiment

Web sentiment

Traders view BTC Leading SOPR: Onchain as a reliable and powerful tool, valuing its utility in enhancing trading decisions with positive sentiment across the board.

Traders view BTC Leading SOPR: Onchain as a reliable and powerful tool, valuing its utility in enhancing trading decisions with positive sentiment across the board.

Source: Online Discussion

Source: Online Discussion

Source: Online Discussion

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TradersList Reviews (3)

TradersList Reviews (3)

TradersList Community has given this listing three stars, indicating decent trust and value for traders' toolkit. Make sure you understand functionality before using.

TradersList Community has given this listing three stars, indicating decent trust and value for traders' toolkit. Make sure you understand functionality before using.

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Captain Backtest Model [TFO]

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Captain Backtest Model [TFO] is a TradingView indicator using a systematic model to capture market breakouts during the 10:00-14:00 EST with three simple steps constituting a "trading setup". This systematic rule is backtested over historical data, allowing data-driven insights on model performance.

TradingView chart displaying the Annual Returns % Comparison indicator featuring a column plot visualization of historical annual percentage changes between two symbols. Paired vertical bars represent yearly performance with green indicating positive returns and red indicating negative results.

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by MUQWISHI

Free

TradingView Indicator

Annual Returns % Comparison [By MUQWISHI]

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Annual Returns % Comparison [By MUQWISHI] is a free TradingView indicator that benchmarks the historical annual percentage change between two symbols using a simple to understand column visualization.

TradingView chart interface displaying the Black-Scholes Options Pricing Model indicator with plotted lines for theoretical European option values and Greek risk metrics including Delta, Gamma, Theta and Vanna.

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by SegaRKO

Free

TradingView Indicator

Black-Scholes Options Pricing Model

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The Black-Scholes Options Pricing Model is a TradingView indicator that applies the Black-Scholes formula to determine the theoretical value of options. Features all important greeks, such as Delta, Gamma, Theta, Vanna and more.

TradingView chart interface displaying the ICT Commitment of Traders° indicator by toodegrees visualizing weekly CFTC positioning data for commercials, large traders and small speculators

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by toodegrees

Free

TradingView Indicator

ICT Commitment of Traders° by toodegrees

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The ICT Commitment of Traders° by toodegrees is a TradingView indicator that analyzes weekly CFTC Commitment of Traders reports, displaying the long and short positions of three key market participants: commercial traders, large traders and small speculators.

TradingView interface displaying the Interest Rate and GDP Dashboard by toodegrees featuring statistical graphs of interest rate trends and Gross Domestic Product data for major central banks

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by toodegrees

Free

TradingView Indicator

Interest Rate and GDP Dashboard by toodegrees

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Interest Rate and GDP Dashboard by toodegrees is a TradingView Indicator that aggregates interest rates and GDP data from major Central Banks into one view for timely nsights into key economic metrics.

TradingView interface showing real-time price candles for the top 40 S&P 500 constituents displayed side-by-side

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by iravan

Free

TradingView Indicator

Top 40 constituents of S&P 500 Index

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Top 40 constituents of S&P 500 Index is a free TradingView Indicator presenting real-time candle data for the top 40 S&P 500 stocks side-by-side, highlighting broad market breadth and depth in a given time frame.

TradingView chart showing the Machine Learning Lorentzian Classification indicator with predictive signals and trend lines based on the Lorentzian Distance Classifier.

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by jdehorty

Free

TradingView Indicator

Machine Learning: Lorentzian Classification

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Machine Learning: Lorentzian Classification is an Indicator that uses the Lorentzian Distance Classifier machine learning algorithm to categorize historical price data for predicting future price movements.

TradingView chart interface displaying the Tops & Bottoms Time of Day Report indicator with a column chart showing the frequency of daily highs and lows at specific hourly intervals.

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by sbtnc

Free

TradingView Indicator

Tops & Bottoms - Time of Day Report

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Tops & Bottoms - Time of Day Report is an Indicator that tracks and reports daily market tops and bottoms by time of day, analyzing their timing and frequency for statistical edge based on simple time periods.

TradingView interface displaying the Equity Bond Currency Dashboard with statistical indicators tracking demand flow between equities bonds and currencies across six countries

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by iravan

Free

TradingView Indicator

Equity Bond Currency Dashboard

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Equity Bond Currency Dashboard is a TradingView Indicator that visualizes demand-flow between equities, bonds and currencies across six countries, allowing track of institutional money flows and visuals for interconnected market dynamics.

TradingView chart interface displaying the Fundamentals Graphing indicator plotting earnings, revenue and fundamental metrics for multiple assets

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by KioseffTrading

Free

TradingView Indicator

Fundamentals Graphing [Kioseff Trading]

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Fundamentals Graphing [Kioseff Trading] is a TradingView indicator that displays essential fundamental metrics for up to 40 stocks. It allows users to compare various key financial metrics like earnings and revenue for easy benchmarking.

TradingView price chart displaying the Day/Week/Month Metrics indicator by Zeiierman with a dashboard panel showing historical performance statistics and directional probabilities for daily weekly and monthly intervals

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by Zeiierman

Free

TradingView Indicator

Day/Week/Month Metrics (Zeiierman)

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Day/Week/Month Metrics (Zeiierman) is a TradingView indicator that computes daily, weekly and monthly performance. This indicator displays edge metrics, depicting how often an asset is likely to be bullish or bearish in a given time period.

TradingView interface displaying the Monte Carlo Simulation indicator by Kioseff Trading showing randomized scenarios and outcome ranges on a price chart

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by KioseffTrading

Free

TradingView Indicator

Monte Carlo Simulation - Your Strategy [Kioseff Trading]

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Monte Carlo Simulation - Your Strategy by Kioseff Trading is a free TradingView indicator that leverages Monte Carlo simulations to analyze the variability and potential outcomes of your inputted trading strategies or the assets displayed on your chart. Calculate your luck factor using this indicator.

TradingView price chart displaying The Next Pivot indicator by Kioseff Trading visualizing historical price pattern matching and projected forward paths based on similarity measures

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by KioseffTrading

Free

TradingView Indicator

The Next Pivot [Kioseff Trading]

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The Next Pivot [Kioseff Trading] is a TradingView indicator that employs similarity measures to compare historical price sequences with current data, formulating potential paths for future price action.

TradingView price chart displaying the Kioseff statistics indicator with quartile volume and volume aggregation features. The graph shows price action with Range US Bars and gap highlights while the lower panel presents volume data segmented by activity levels.

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by KioseffTrading

Free

TradingView Indicator

(Quartile Vol.; Vol. Aggregation; Range US Bars; Gaps) [Kioseff]

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The (Quartile Vol.; Vol. Aggregation; Range US Bars; Gaps) [Kioseff] Indicator is a TradingView tool that analyzes price action and volume by breaking volume into aggregated quartiles for noise filtered price and volume analysis.

TradingView chart interface displaying the Seasonality [TFO] statistics indicator panel showing average asset performance across daily, monthly and quarterly timeframes based on a 252-day trading calendar.

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by tradeforopp

Free

TradingView Indicator

Seasonality [TFO]

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Seasonality [TFO] is a TradingView indicator that analyzes an asset's average performance across daily, monthly, and quarterly timeframes. It uses a 252-trading day calendar, aggregating daily data into 21-day months and 63-day quarters for gauging seasonal trends.

Crypto Terminal indicator interface displayed on a TradingView price chart showing real-time cryptocurrency statistics and on-chain data metrics from INTOTHEBLOCK including market capitalization and network activity volume

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by KioseffTrading

Free

TradingView Indicator

Crypto Terminal [Kioseff Trading]

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Crypto Terminal [Kioseff Trading] is a TradingView indicator that uses on-chain data to provide real-time cryptocurrency statistics directly on your Tradingview charts.

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Disclaimer

Our goal is to achieve greater transparency, guidance and safety in trading and investing by providing means to discover, research and discuss trading/investing related sites/services.

Content provided on this site is not financial advice, meant for educational purposes only. TradersList does not endorse or guarantee any result for listed sites/services. Do your own research.

Read full disclaimer

Follow

Disclaimer

Our goal is to achieve greater transparency, guidance and safety in trading and investing by providing means to discover, research and discuss trading/investing related sites/services.

Content provided on this site is not financial advice, meant for educational purposes only. TradersList does not endorse or guarantee any result for listed sites/services. Do your own research.

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