[FTX Funding Colored Candles] [third eye] — Indicator by junglockahashi

sentiment funding fundingrate fundingrates btcperp btcusd ftx

This Indicator plots FTX: BTCPERP predicted funding rates and colours the candlesticks based on it.

!!!
Since Tradingview always plots new indicators at the back you might have to click:
Name of the Indicator ( ) -> More -> Visual Order -> Bring to Front

(unfortunately, there is no way for me to do this in pinescript)

There is also the possibility to change colors in the Settings:
It is grouped by where Basis is (FTX:BTCPERP - FTX Spot index)
Changing that might be good for getting a more close up view of LTF price action.

Also to get rid of the Values in the Status line click on Settings and scroll to the bottom to disable "Value in Status Line"

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 a 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.

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