OPEN-SOURCE SCRIPT
Miyuki BTC Exchange Premium
This is a simple indicator to display the difference between different BTC exchanges on the chart. It works similarly to my BTC Spot Perp Delta indicator.
There are options to choose which spot and perp exchanges should be included in the mean calculations. It also includes the following options -
- COLOUR BY EXCHANGE: colour each exchange its own colour, or according to if its a spot or perp market
- PLOT EACH EXCHANGE: an option to plot every exchange
- PLOT MEANS: an option to plot the spot and perp means
- PLOT CME: an option to plot the CME price
I find its best used on the lowest timeframes. It can be a good way to visualise the spread between exchanges.
There are options to choose which spot and perp exchanges should be included in the mean calculations. It also includes the following options -
- COLOUR BY EXCHANGE: colour each exchange its own colour, or according to if its a spot or perp market
- PLOT EACH EXCHANGE: an option to plot every exchange
- PLOT MEANS: an option to plot the spot and perp means
- PLOT CME: an option to plot the CME price
I find its best used on the lowest timeframes. It can be a good way to visualise the spread between exchanges.
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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.