This indicator allows you to track in real time the change in the spread (the difference in the exchange rate) between two assets simultaneously for 12 trading pairs. ⚙️ How does the indicator work? In the indicator settings menu, the user selects two trading pairs, for example BTCUSDT on the Binance exchange and BTCUSDT on the Bybit exchange, after which the...
This indicator allows you to track in real time the change in the spread (the difference in the exchange rate) between two assets for three trading pairs at the same time. How does the indicator work? In the indicator settings menu, the user selects two trading pairs, for example BTCUSDT on the Binance exchange and BTCUSDT on the Bybit exchange, after which...
This indicator allows you to track in real time the change in the spread (the difference in the exchange rate) between two assets. How does the indicator work? In the indicator settings menu, the user selects two trading pairs, for example BTCUSDT on the Binance exchange and BTCUSDT on the Bybit exchange, after which the script will receive prices from both...
This indicator helps to find spreads between cryptocurrencies, assess their correlation, spread, z score and atr z score. The graphs are plotted as a percentage. Because of the limitation in pine tradingview for 5000 bars a period was introduced (after which a new starting point of the graph construction will be started), if you want it can be disabled The...
The purpose of this indicator is to visually simplify the relationship between two assets when searching for pair trades or higher beta opportunities. With highly correlated pairs, it can be a blessing or a curse during volatility when you're somehow stuck in the only lower beta pairs, or maybe you're market neutral and the wrong leg starts nuking. This...
This script lets you chart a spread of a maximum of 3 tickers (one of them being the ticker in the main chart). Y axis is the currency amount of the spread, that is calculated by this formula: Y = PnL = quantity * price * handleValue Y is calculated for each ticker specified, and the sum of Ys obtained is plotted. this way it is possible to view the PnL of the...
This script helps you discern the relative change of each leg in a two-legged spread over a given period. The main plot is a difference in log return over the number of bars identified by the "lag" parameter. E.g. if "lag" is 10 and leg one has increased 3% over the past ten bars, while leg two has only increased 1%, the plot value is 2%. The main plot is also...
Alternative & UPDATED version of my previous indicator for spread trading. This indicator can work pretty well also with other indices or correlated assets such as nasdaq100 and dax40. The spikes from one side of the channel or the orizzontal lines signal a possible entry signal for a spread trading strategy.
This script gives you the ratio between the Nasdaq 100 and the Dow 30 (nas100/dow30). The RSI helps you understand when one of the two indices is overbought or oversold compared to the other one. This indicator is supposed to be of help for the strategy called spread trading, which consists in shorting an asset and buying the other one.
The goal of this study is to produce information about the average size of candles in the given time frame. This can be used to help dial in your market making bot spreads.
Hello friends. I am glad to present for your attention one of my products based on the X-Volume indicator code. The "Earned" indicator shows how much money is earned on the market relative to actual timeframe. Accuracy is relative but nevertheless it is close to actual calculated figures. How this information can help you? Moust easy interpritation - 1) Trend up...
Bitcoin Futures Premium Discount - Backwardation Contango Cryptorhythms back at it again with another release for your quarantined pleasure! We've had this one in our back pocket for a few months adding new features and testing it out. Now its time to release it into the wild! Intro This indicator is used to capture additional profits by spread trading on...
This indicator shows the percent change between the highs and the lows (or optionally the open and close) of each candle. You may also set a low and a high percent threshold to better highlight the candles that exceed your desired spread percent. Red signifies low spread, green is high spread - these are unrelated to the color of the candle body. There is also the...
The Cointegration strategy is to short the outperforming instrument and go long on the underperforming instrument whenever the temporary correlation weakens which means one instrument going up and another going down. Here, instead of two different instruments two timeframes of the same instrument are used, lower and higher.
Relatively simple indicator to help you visualize your spreads with two white lines on the chart. You can input up to ten symbol-specific presets along with one other that will be applied to all unspecified symbols. "Spread Visualizer" will only be helpful for those trading with fixed spreads. So, if your broker uses variable spreads, do not use this script.
Cryptocurrency adoption is on a constant upward trajectory. The interest for trading 'crypto assets' could not stay anywhere behind. The amateur nature of the market together with huge 'price inefficiencies' is always giving rise to excellent arbitrage opportunities throughout the globe. This code aims to help traders to make money placing safe and profitable...
Cryptocurrency adoption is on a constant upward trajectory. The interest for trading 'crypto assets' could not stay anywhere behind. The amateur nature of the market together with huge 'price inefficiencies' is always giving rise to excellent arbitrage opportunities throughout the globe. This code aims to help traders to make money placing safe and profitable...