Compare Crypto Bollinger Bands//This is not financial advice, I am not a financial advisor.
//What are volatility tokens?
//Volatility tokens are ERC-20 tokens that aim to track the implied volatility of crypto markets.
//Volatility tokens get their exposure to an asset’s implied volatility using FTX MOVE contracts.
//There are currently two volatility tokens: BVOL and IBVOL.
//BVOL targets tracking the daily returns of being 1x long the implied volatility of BTC
//IBVOL targets tracking the daily returns of being 1x short the implied volatility of BTC.
/////////////////////////////////////////////////////////////////
CAN USE ON ANY CRYPTO CHART AS BINANCE:BTCUSD is still the most dominant crypto, positive volatility for BTC is positive for all.
/////////////////////////////////////////////////////////////////
//The Code.
//The blue line (ChartLine) is the current chart plotted on in Bollinger
//The red line (BVOLLine) plots the implied volatility of BTC
//The green line (IBVOLLine) plot the inverse implied volatility of BTC
//The orange line (TOTALLine) plots how well the crypto market is performing on the Bolling scale. The higher the number the better.
//There are 2 horizontal lines, 0.40 at the bottom & 0.60 at the top
/////////To Buy
//1. The blue line (ChartLine) must be higher than the green line (IBVOLLine)
//2. The green line (IBVOLLine) must be higher than the red line (BVOLLine)
//3. The red line (BVOLLine) must be less than 0.40 // This also acts as a trendsetter
//4. The orange line (TOTALLine) MUST be greater than the red line. This means that the crypto market is positive.
//5.IF THE BLUE LINE (ChartLine) IS GREATER THAN THE ORANGE LINE (TOTALLine) IT MEANS YOUR CRYPTO IS OUTPERFOMING THE MARKET {good for short term explosive bars}
//6. If the orange line (TOTALLine) is higher than your current chart, say BTCUSD. And BTC is going up to. It just means BTC is going up slowly. it's fine as long as they are moving in the same position.
//5. I use this on the 4hr, 1D, 1W timeframes
///////To Exit
//1.If the blue line (ChartLine) crosses under the green line (IBVOLLine) exit{ works best on 4hr,1D, 1W to avoid fakes}
//2.If the red line crosses over the green line when long. {close positions, or watch positions} It means negative volatility is wining
Kriptopara
Liquidity Pair Impermanent Asset LossWith limited tracking of impermanent loss for liquidity pairs across all chains, I wanted a very simple display of live dollar value loss in an asset pair. This should allow you to set alerts based on how much you are down and take action if needed. The output column is by default set to show your losses in USD. For those that need it, I also setup an option to track the output in something other than USDT, e.g., GBP or ETH, etc..
Liquidity Pair EvalWhile there are many tools for generating your impermanent loss in liquidity pools, depending on your choice of chain, I was mostly concerned about monitoring the creep between the pairs. This V0.1 attempt should give us a general comparison of the selected asset returns given your time period and also display the percent loss assuming the initial purchase price values are input correctly.
This is a work in progress and I am open to suggestions to make this even better.
BULLSEYE BORDERS (Combined Price Action Follower)Developed for Crypto Currency Market! Use for 15 minutes period or more! Under 15 minutes, results are unpredictible.
This script had been orginized with Donchian Lines based on support and resistance levels.
Rules:
If the price is under top line, you will be ready for short position, and over the bottom line, long position.
When the price passes the red and green area you can take action and enter the trade!
Orange area refers the squeezed or floating position, so you can either stop or wait for price action!
If you see boring candles frequently, check out the last high and low levels.
If the price close to the last high, take long position. If not, short position.
Use ALMA , if you want to put and alert on script. It is identical to price line.
Thanks to @millerrh for 'Breakout Trend Follower'. Just used the last low and high features to complete the script. Combined with 'Boring Candles' from ©Prasad Raut, Modified on 20190811 (Updated to %30 full candle)
Trend Tip: You can use the script with Linear Channel so you can also see the trend. (not always)
Aggregated VolumeBITSTAMP:BTCUSD
This indicator aggregates trading volume data of assets which are traded on multiple exchanges (like cryptocurrencies, commodities, forex and derivatives) to give you better insights on the markets.
You can change the markets from which the indicator gathers data in the settings under inputs.
By default, data is aggregated from the following markets:
Binance, BTC /USDT
Binance, BTC /BUSD
Bitfinex, BTC /USD
Coinbase, BTC /USD
Bingbon, BTC /USD
Bitstamp , BTC /USD
Kraken, XBT/USD
Gemini, BTC /USD
OkeX, BTC /USDT
Huobi, BTC /USDT
Average EnvelopeA script to calculate a support / resistance level which acts as either a bounce level or a flip level. This is rather a macro play guide than a day trade tool.
The average is calculated by taking into account monthly/weekly/daily highs and average them out.
The script also paints fib levels based on the values of the upper and the lower band.
While this was designed with a cryptocurrency market in mind (no 'close' values per-se) it holds with traditional markets as well.
Difference in price changeCompares price change between current symbol and other one (eg. BTC vs S&P500). It calculates price change on each bar (from high to low or from open to close) and compares with price change of equivalent bar from the other source.
Example
Current symbol
open = 10 USD
close = 7 USD
change = -3 USD
% change = -30%
Second symbol
open = 3 USD
close = 4 USD
change = +1 USD
% change = +33%
Performance of price change = (-30) - (+30) = -63 // It means that current source has weaker performance right now
[francrypto® strategy] 4 EMAs, P.SAR & Vol.Prof. (by kv4coins)(ENG)
This script consists of my own strategy for cryptocurrency (but can be adapted very well for stocks, forex, etc.)
Is a combination of:
- Four Exponentials Moving Average (EMA), configurables: by defect are 10, 21, 55 and 200 periods in yellow, aqua, orange and blue each of them
- Parabolic SAR System (PSAR), configurable
- Volume Profile (that has been developed by kv4coins - he has already authorized me to use it under the same OSS Licence Terms: MPL 2.0), configurable: with another default values and bilingual support for Spanish (SPA)
How it works
1) It is always better to detect specifics candlesticks or patrons: doji , pinbar or inverted pinbar , engulfing bars , morning star or evening star , harami , twizzer bottom or top , etc.
2) The 10 and 21 periods EMA help to identify the short-term behavior
3) The 55 periods EMA can be used like a support or resistance in medium-term, as 200 periods EMA in very long-term
4) It will convenient search for a double cross (10 & 21) or a triple cross (10, 21 & 55) to determine the medium-term change Downtrend to UpTrend (or viceversa)
5) Confirm the change patron with the Parabolic SAR and then identify potencials purchases or sales
6) Use Volume profile to detect potential supports or resistances areas, in order to set stop limit/loss and take profit orders.
Hope this helps!
Cheers,
FRANCRYPTO®
–––––– 0 ––––––
(ESP)
Este script consiste en mi propia estrategia para criptomonedas (pero puede adaptarse muy bien para acciones, forex, etc.)
Es la combinación de:
1) Cuatro Medias Móviles Exponenciales (EMA), configurables: por defecto son de 10, 21, 55 y 200 períodos en amarillo, turquesa, naranja y azul cada una de ellas
2) Sistema Parabolic SAR (PSAR), configurable
3) Perfil de Volumen (que fuera desarrollado por kv4coins - que ya me ha autorizado a su uso bajo las mismas condiciones de la Licencia OSS: MPL 2.0), configurable: con otros valores por defecto y soporte bilingüe para Español (SPA)
Cómo funciona
1) Siempre va a resultar mejor detectar velas japonesas específicas o patrones: doji , martillos o martillos invertidos , velas envolventes , patrón amanecer o atardecer , harami , velas gemelas , etcétera
2) La EMA de 10 y 21 períodos ayudan a identificar el comportamiento de corto plazo
3) La EMA de 55 períodos puede ser usada como un soporte o resistencia de mediano plazo, como así también, la EMA de 200 períodos en el muy largo plazo
4) Será conveniente buscar un doble cruce (10 & 21) o un triple cruce (10, 21 & 55) para determinar un cambio de la tendencia de mediano plazo de bajista hacia alcista (o viceversa)
5) Confirmá el patrón de cambio con la Parabólica de SAR y entonces identificá potenciales compras o ventas
6) Usá el perfil de volumen para detectar las potenciales zonas de soporte o resistencia, principalmente para establecer ordenes stop limit/loss o take profit.
¡Espero que pueda serles de utilidad!
Saludos,
FRANCRYPTO®
Bitfinex BTC/ETH Open InterestThe Bitfinex Exchange is providing the Open Long and Short positions as data feeds in Tradingview. This information can be valuable in order to judge how the big players are positioned.
This indicator allows to analyze this Bitfinex Open Interest data for BTC and ETH. By default it shows the Total Open Interest (Longs + Shorts) in BTC. A 10 period EMA is applied to the data.
The following alternative displays are available:
- Show ETH instead of BTC
- Show Long positions separately
- Show Short Positions separately
- Show the results in USD (Number of coins multiplied by period closing price)
- Show RSI instead of absolute value (see below)
Instead of displaying the absolute value, it is possible to show the RSI (current default length is 20) to make the changes easier visible. If RSI display is selected, then the Overbought, Oversold and Middle Line are shown automatically. Additionally a histogram is displayed which shows the difference between the RSI and the EMA of the RSI.
Liquidation Levels
I got sick of calculating leverage all of the time, so I made this real time calculator. It is primarily for crypto derivatives.
It tracks and displays the liquidation price for 5 customisable leverage levels and plots them either historically and/or in real time, with labels beside each including the estimated price.
These calculations include maintenance margin and can be configured for linear futures (USDT) or non-linear futures. Never again make dumb mistakes that are obvious with a bit of maths.
To jazz it up, you can customise the colours, disable various labels, set different leverage multiples, and change the offsets and number of bars to plot in the past.
Alternatively, you can change the offset to 24 on an hourly chart and change show last bars to 0. By doing this, you can see which levels most often get liquidated. It is crude, I know, and there are better tools for tracking liquidation hunts. This is not an attempt to replace or compete with them.
Enjoy and trade safely.
Crypto Tripple RSIGives an ability to compare 3 RSIs:
current altcoin + BTC (e.g. ADABTC) - green by default
current pair (e.g. ADAUSDT) - blue by default
BTC (e.g. BTCUSDT) - yellow by default
It helps to understand the cause of price change - whether BTC provokes price change or not. Also it shows performance of an altcoin - the bigger gaps between RSIs, the stronger (RSI of BTC is on the bottom)/ weaker (RSI of BTC is on the top) altcoin is.
EMA SMA 100 CrossThis script utilizes the 100 EMA and the 100 SMA with printing labels for "Buy", "Short", and "Take Profit".
Essentially this indicator will print a "Buy" label when the 100 EMA(green line) is above the 100 SMA(red line) and "Take Profit" at the pivot points.
NOTE: There will be instances where the labels print based on coded criteria but will be false compared to trend. This is because the 100 EMA and SMA crosses can be short periods and reversals can happen frequently. This indicator should be used in conjunction with other indicators to help build a case for potential long or short entries.
Ichimoku Crypto Cloud 11-30-61A minor adjustment to the original Ichimoku Cloud, changing periods to reflect the 24/7 open market of cryptocurrency.
TENKAN: 11 - a week and a half
KIJUN: 30 - one month
SENKOU: 61 - two months
For a simpler visualization, I made the cloud limit lines and the Chikou line invisible by default.
Bitfinex Spot PremiumOverview
A tool to display the spot price premium of Bitfinex coins vs the other big 3 exchanges.
Premium is calculated against:
- Coinbase
- Binance
- FTX
The average is calculated through volume weighting. The absolute difference between the Bitfinex spot price and the calculated average is then displayed on the histogram.
Interacting with the tool
Colours: Green bars indicate a positive premium (Bitfinex spot price is greater than the average), Red bars indicate a negative premium. The ability to grey out smaller premiums is also enabled with the "Grey Small Vals" checkbox, this can be used to further emphasise larger premiums.
Ticker: The ticker input allows you to detect the Bitfinex premium for any coin traded within all 4 exchanges (Bitfinex, Coinbase, Binance, FTX). Just input the coins ticker symbol, for example, "BTC", "ETH", "UNI".
Indicator Ideology
Bitfinex is known for being the home of crypto "smart money". Therefore, positive premiums indicate stronger buying from "smart money". Although this premium is a good sign of bullish/ bearish market conditions, for example, consecutive days of a negative Bitfinex premium have been pretty good at indicating short term tops in BTC, this indicator should only be used as a confirmation signal.
ZLEMA Zero lag EMA with Kalman filter [Morty]This indicator plot 3 Kalman filter zero lag EMA lines. It has less lag and is also smoother than the original EMA.
It also has an option to show the crossover of two EMAs.
Moritsz's Customized RSIBasically just your standard RSI with a twist. Key differences:
1. Overbought and Oversold levels are moved to a higher and lower level following the nature of cryptocurrency.
2. Added a middle trendline at 50. Above is usually an uptrend, below is a downtrend.
3. Better looking than your typical RSI.
4. Nice pretty colors to please your eyes :)
Enjoy.
USD Prices for Uniswap Token/WETHUniswap instrument prices are in WETH. This indicator translates the series to USD prices and plots the series as candles or as a line. Data is translated by using corresponding series data for ETHUSD. The reference ETHUSD price is from Coinbase.
Any token listed as a ETH/WETH pair could be specified as an input parameter. The default instrument value is set to UNISWAP: DPIWETH, an index created by indexcoop and tracking the DEFI basket.
The script is simple and easy to understand. It allows for quick conversion and comparisons and something we had to do in a custom way prior to this script. The crypto and DEFI community would benefit from it immensely. There is even a feature request for something like this on the tradingview subreddit.
Statistical and Financial MetricsGood morning traders!
This time I want to share with you a little script that, thanks to the use of arrays, allows you to have interesting statistical and financial insights taken from the symbol on chart and compared to those of another symbol you desire (in this case the metrics taken from the perpetual future ETHUSDT are compared to those taken from the perpetual future BTCUSDT, used as a proxy for the direction of cryptocurrency market)
By enabling "prevent repainting", the data retrieved from the compared symbol won't be on real time but they will static since they will belong to the previous closed candle
Here are the metrics you can have by storing data from a variable period of candles (by default 51):
✓ Variance (of the symbol on chart in GREEN; of the compared symbol in WHITE)
✓ Standard Deviation (of the symbol on chart in OLIVE; of the compared symbol in SILVER)
✓ Yelds (of the symbol on chart in LIME; of the compared symbol in GRAY) → yelds are referred to the previous close, so they would be calculated as the the difference between the current close and the previous one all divided by the previous close
✓ Covariance of the two datasets (in BLUE)
✓ Correlation coefficient of the two datasets (in AQUA)
✓ β (in RED) → this insight is calculated in three alternative ways for educational purpose (don't worry, the output would be the same).
WHAT IS BETA (β)?
The BETA of an asset can be interpretated as the representation (in relative terms) of the systematic risk of an asset: in other terms, it allows you to understand how big is the risk (not eliminable with portfolio diversification) of an asset based on the volatilty of its yelds.
We say that this representation is made in relative terms since it is expressed according to the market portfolio: this portfolio is hypothetically the portfolio which maximizes the diversification effects in order to kill all the specific risk of that portfolio; in this way the standard deviation calculated from the yelds of this portfolio will represent just the not-eliminable risk (the systematic risk), without including the eliminable risk (the specific risk).
The BETA of an asset is calculated as the volatilty of this asset around the volatilty of the market portfolio: being more precise, it is the covariance between the yelds of the current asset and those of the market portfolio all divided by the variance of the yelds of market portfolio.
Covariance is calculated as the product between correlation coefficient, standard deviation of the first dataset and standard deviation of the second asset.
So, as the correlation coefficient and the standard deviation of the yelds of our asset increase (it means that the yelds of our asset are very similiar to those of th market portfolio in terms of sign and intensity and that the volatility of these yelds is quite high), the value of BETA increases as well
According to the Capital Asset Pricing Model (CAPM) promoted by William Sharpe (the guy of the "Sharpe Ratio") and Harry Markowitz, in efficient markets the yeld of an asset can be calculated as the sum between the risk-free interest rate and the risk premium. The risk premium of the specific asset would be the risk premium of the market portfolio multiplied with the value of beta. It is simple: if the volatility of the yelds of an asset around the yelds of market protfolio are particularly high, investors would ask for a higher risk premium that would be translated in a higher yeld.
In this way the expected yeld of an asset would be calculated from the linear expression of the "Security Market Line": r_i = r_f + β*(r_m-r_f)
where:
r_i = expected yeld of the asset
r_f = risk free interest rate
β = beta
r_m = yeld of market portfolio
I know that considering Bitcoin as a proxy of the market portfolio involved in the calculation of Beta would be an inaccuracy since it doesn't have the property of maximum diversification (since it is a single asset), but there's no doubt that it's tying the prices of altcoins (upward and downward) thanks to the relevance of its dominance in the capitalization of cryptocurrency market. So, in the lack of a good index of cryptocurrencies (as the FTSE MIB for the italian stock market), and as long the dominance of Bitcoin will persist with this intensity, we can use Bitcoin as a proxy of the market portfolio
