Black Flamingo Funding
The Black Flamingo Funding is an indicator that aims to guide the price prediction, by informing on the historical and current value of the predicted funding rate of the future markets of many coins.
It displays an approximation of FTX and Bitmex funding rates for all coins where there is a perpetual future market.
The displayed funding is more accurate on the 1min timeframe, but it have a reasonable approximation on any timeframe.
The Black Flamingo Funding displays on the chart the following components :
- The FTX funding rate on the perpetual market of the displayed coin
- The Bitmex funding rate on the perpetual market of the displayed coin
- In two labels at the right, the current value of these fundings
- Vertical grey bars showing the Bitmex funding times, and the next one
The funding rate is a measure of the greediness of speculators in long or short direction. Analyzing the variation of this funding over the time provides great value to predict the market.
The first use of this indicator is :
- when the market is trending up, to search for buy zone when the funding is negative, and search for sell zone when the funding is greatly positive.
- when the market is trending down, to search for sell zone when the funding is positive, and search for buy zone when the funding is greatly negative.
This indicators is only accessible on invitation. Please contact me in PM or thisma (fr.tradingview.com/u/THISMA/) in order to request us an access.
It displays an approximation of FTX and Bitmex funding rates for all coins where there is a perpetual future market.
The displayed funding is more accurate on the 1min timeframe, but it have a reasonable approximation on any timeframe.
The Black Flamingo Funding displays on the chart the following components :
- The FTX funding rate on the perpetual market of the displayed coin
- The Bitmex funding rate on the perpetual market of the displayed coin
- In two labels at the right, the current value of these fundings
- Vertical grey bars showing the Bitmex funding times, and the next one
The funding rate is a measure of the greediness of speculators in long or short direction. Analyzing the variation of this funding over the time provides great value to predict the market.
The first use of this indicator is :
- when the market is trending up, to search for buy zone when the funding is negative, and search for sell zone when the funding is greatly positive.
- when the market is trending down, to search for sell zone when the funding is positive, and search for buy zone when the funding is greatly negative.
This indicators is only accessible on invitation. Please contact me in PM or thisma (fr.tradingview.com/u/THISMA/) in order to request us an access.
Release Notes:
- Improve the display of the label
- Add 2 lines at 0.0 and 0.1 funding rate
- Version number 1.10
- Add 2 lines at 0.0 and 0.1 funding rate
- Version number 1.10