Market Gradient 140-day Oscillator


The Market-Realised Gradient Oscillator is a metric that identifies where the trend of market pricing is reversing relative to a baseline trend of the onchain realised price. Since onchain signals are slower and take longer to react to changes in market sentiment, we take the gradient oif price and realised price over some period to compare the rate of change in the trend. The Delta Gradient (purple) is calculated as the difference between Market and Realised gradient, breaking below zero on bearish trend reversals and, conversely, breaking above zero on bullish trend reversals. All oscillators are normalised to visualise on a single linear axis (else early history cannot be observed). The 140-day period is specifically suited to identify long term trend trade opportunities (selected as it matches 10x the mining difficulty adjustment period).