OPEN-SOURCE SCRIPT
Miyuki Unit of Account
This is a simple indicator that will show you candlesticks for the current ticker divided by a set ticker. This can be used to create a synthetic chart of two USD denominated tickers. E.g. set the indicator to ETHUSD and now you will have a ETH pair chart for any asset you view which uses USD as the quote asset.
Typically it would be set this to your personal 'unit of account' so you can quickly see how well assets are doing compared to you own denominator.
You can set any ticker as the indicator symbol.
There are options to change colours.
Note: if you view charts that have a different quote asset, the indicator may not show you anything useful. E.g. viewing BNBBTC and having ETHUSD set in the indicator.
Typically it would be set this to your personal 'unit of account' so you can quickly see how well assets are doing compared to you own denominator.
You can set any ticker as the indicator symbol.
There are options to change colours.
Note: if you view charts that have a different quote asset, the indicator may not show you anything useful. E.g. viewing BNBBTC and having ETHUSD set in the indicator.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.