MarketsCONCEPT
This indicator gives a clean overview of how markets are trading relatively to each other.
The line in the middle represents a global market average price (a combination of spot and perpetuals).
The dots, which represent individual markets, float around that line.
This way you can easily tell which markets are more expensive (or cheaper) than others.
Markets used:
Coinbase spot (USD)
Bitfinex spot (USD)
Binance spot (USDT)
FTX spot (USDT)
Bitmex perp (coin margin)
Bybit perp (coin margin)
Binance perp (dollar margin)
FTX perp (dollar margin)
The indicator works for both BTC and ETH.
FEATURES
Markets
The main use is to see if spot exchanges are trading above or below derivatives exchanges.
You'll notice that usually when bottoms form it's when derivs start trading below the market average and spot above.
It's considered bearish when derivs trade way above the market average. It's quite normal that derivs trade a little bit above baseline but if they trade pretty far above spot it becomes worrisome.
I personally think it's most useful on lower timeframes like the 4h or 1h, but it works the same on all timeframes.
Distortion
There's also a distortion metric which shows how big the spread is between all exchanges.
Normally speaking all exchange prices trade very closely together, but sometimes the market gets more turbulent and then prices move apart.
The higher the distortion levels the more turbulent the market.
It's interesting to look at once in a while but it's probably not very useful for trading.
I have noticed though that high distortion usually happens after a violent drop and it often marks bottoms.
But then the obvious question is "what is high distortion" and I can't give you an answer because it varies.
In this screenshot I used ohlc4 for the candle source.
Both
You can also choose for the indicator to show both the markets and the distortion at the same time.
All spot markets are green and all derivatives are grey because that's just the theme I use, but you can change the colours in the settings.
You can choose the candle source as well. By default it's set on candle close prices (which makes the most sense in my opinion).
TRADING
Like I already mentioned, the indicator's main purpose is to show you how individual markets are trading relatively to the global market average price.
The most important aspect of it is to see if spot markets are trading higher than derivs. Spot trading above the average while derivs trade below is usually bullish.
Local bottoms often print when spot trading significantly above the rest.
You can also use the indicator to identify arbitrage opportunities because some times there's one market that suddenly starts trading way above or below every other market.
This is obviously a more niche use case of course.
If you want access to this indicator send me a private message so we can discuss it.
Cheers.
D-ETH
Aggregated Perpetuals VolumeCONCEPT
An aggregated crypto perpetual swap contracts volume indicator that works both for BTC and ETH.
The volume is denominated in USD.
FEATURES
It shows the combined perpetuals volume of 6 of the most prominent derivatives exchanges in crypto, which can be displayed in 4 different ways.
Exchanges used:
Binance (USDT)
Huobi (USD)
Bybit (USD)
FTX (USD)
Bitmex (XBT)
Deribit (USD)
In the settings you can choose to exclude certain exchanges and then that volume is removed from the calculation.
There are 4 different display modes.
stacked
Index
Normal
Delta
For more info check out the spot volume version of this indicator:
TRADING
This is indicator is pretty straight forward... It's volume .
The cool thing about this indicator is that it shows combined volume of a couple of the most important crypto exchanges and it can be displayed in multiple different ways and it works both for bitcoin and ethereum .
It's free so if you add it to your favourites you can start using it right away (it's possible that you'll have to refresh Tradingview before it actually works).
Cheers.
Aggregated Spot VolumeCONCEPT
An aggregated crypto spot volume indicator that works both for BTC and ETH.
FEATURES
It shows the combined volume of 6 of the most prominent exchanges in crypto, which can be displayed in 4 different ways.
Exchanges used:
Binance (USDT)
Okex (USDT)
Huobi (USDT)
Coinbase (USD)
Bitfinex (USD)
FTX (USD)
In the settings you can choose to exclude certain exchanges and then that volume is removed from the calculation.
There are 4 different display modes.
Stacked
This stacks the volume so that you can see exactly which portion of each volume bar each exchange is responsible for.
Index
The indexed format shows you percentage wise the volume of each exchange so that it's even more clear which exchanges are more dominant.
Normal
For the people who like classic volume bars, but still want to use aggregated volume.
Delta
The delta separates buy volume and sell volume.
It's a fun way to display the volume, but take this one with a grain of salt because on Tradingview we can't actually see the exact difference between market buys and sell.
This delta counts a positive candle close as "up" volume and a negative candle close as "down" volume.
TRADING
This is indicator is pretty straight forward... It's volume.
The cool thing about this indicator is that it shows combined volume of a couple of the most important crypto exchanges and it can be displayed in multiple different ways and it works both for bitcoin and ethereum.
It's free so if you add it to your favourites you can start using it right away (it's possible that you'll have to refresh Tradingview before it actually works).
Cheers.
InvictusHello,
I introduce my strategy that provide signals for entering in the market and signal for exit.
This indicator attempts to show a trader when is the best time to open a long or short position. The calculations are partially based on volatility, SMA, EMA and predefined values depending on used timeframe.
We collect data from comparing the current price, calculating the average move of the market, top, bottom and close of the latest bars. The middle line is an adaptive moving average, which is the base of the signals and we also use it as a Trend Line to determine if we are in long or short "condition". The basic idea of this indicator is to show the best place to open a Long or Short position and when to close it.
It is very simple - there are 2 type of signals - LONG (in green) and SHORT (in red). You can close your position when a TP (Take profit) shows up or based on your calculations.
You can chose from several options which strategy you want (there is a "Strategy" select in the settings). The strategies that are proving better according to our tests are marked with a diamond.
Don't forget to always trade with caution, trading is dangerous don't trade more than you can afford to lose.
Please contact me via personal message if you want to test the strategy or for more information.
Thank you.
Relative Volume - ETHEREUMRelative Volume indicator that pulls data from 9 different Ethereum exchanges. Please note that this indicator only works with ETH and will not use data from your current chart.
Includes the following exchanges:
BYBIT:ETHUSD
BITFINEX:ETHUSD
BITSTAMP:ETHUSD
INDEX:ETHUSD
COINBASE:ETHUSD
FTX:ETHUSD
PHEMEX:ETHUSD
BITTREX:ETHUSD
POLONIEX:ETHUSDT
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.
INDICES against BTC & ETHThe idea is the following; you can easily chart the FTX perp indices against (currently) two baselines, ETH & BTC.
I always choose ETH since it is way harder to outperform ETH at the moment. Doing this helps me see certain trends and/or fractal that might happen again in the future.
Since I already made D.A.M (Defi against Majors / Pricing Defi categories against BTC & ETH: ) I came across the idea of doing the same thing but with the perp indices that FTX offer. At first, I wanted to add this to D.A.M but it has no place in this indicator since this will not only look at Defi but the macro market as a whole.
The indicator currently only looks at the following indexes (weighting can be found here: https:// help. ftx. com/hc/en-us/articles/360027668812-Index-Calculation) :
DRGN: THE DRAGON INDEX
ARPA, BTM, IOST, NEO, NULS, ONT, QTUM, TRX, VET
ALT: ALTCOIN INDEX
BCH, BNB, EOS, ETH, LTC, XRP, TRX, DOT, LINK, ADA
MID: THE MID CAP INDEX
ALGO, ATOM, BAT, CRO, DASH, DCR, DOGE, HT, IOTA, LEO, NEO, OKB, ONT, QTUM, VET, XEM, XLM, XMR, XTZ, ZEC, ZRX, OMG, COMP, BSV, FTT, YFI, UNI, SNX, MKR, AAVE
SHIT: THE SHITCOIN INDEX
AE, AION, ARDR, ARPA, BCD, BEAM, BTG, BTM, BTS, BTT, CHZ, CKB, DGB, ELF, ENJ, GNT, GRIN, GT, HBAR, HC, ICX, IOST, KMD, KNC, LAMB, LRC, LSK, MANA, MATIC, MCO, NANO, NULS, OMG, POWR, PUNDIX, REN, REP, RVN, SC, SNT, STEEM, THETA, TOMO, VSYS, WAVES, XVG, XZC, ZEN, ZIL, ZRX
PRIV: THE PRIVACY INDEX
BEAM, DCR, GRIN, KMD, XMR, XVG, XZC, ZEC, ZEN
DEFI: THE DECENTRALIZED FINANCE INDEX
KNC, MKR, ZRX, REN, REP, SNX, COMP, TOMO, RUNE, CRV, DOT, LINK, MTA, SOL, CREAM, BAND, SRM, SUSHI, SWRV, AVAX, YFI, UNI, WNXM, AAVE, BAL
(D7R) FTX Ethereum FuturesEthereum FTX Contract Futures Price with 3 different value display modes. (Percentage, Delta, Absolute).
This information can be used to understand when futures are trading at relative strong/weak premium or discount against each other.
This information can either be used for cash-n-carry arbitrage, inter-exchange arbitrage, hedging or directional price speculation.
(D7R) Deribit Ethereum FuturesEthereum Deribit Contract Futures Price with 3 different value display modes. (Percentage, Delta, Absolute).
This information can be used to understand when futures are trading at relative strong/weak premium or discount against each other.
This information can either be used for cash-n-carry arbitrage, inter-exchange arbitrage, hedging or directional price speculation.
ETHE PremiumThis script simply shows the premium (when positive) and discount (when negative) associated with ETHE as compared with its estimated NAV based on ETH underlying holdings. This will of course need to be updated frequently for accuracy, but it serves as a rough estimate for educational purposes.
Price DEFI Categories against BTC & ETH/* Work in progress. The indicator is not finished. *\
The indicator shows the pricing of 3 DEFI categories against 2 possible baselines, BTC and ETH.
To do:
* Make a simple array in the source code to enter and remove new projects to the category. -> Maybe can also make it so that the source code does not have to be altered (projects can be added through input etc.)
* Adjust weightings depending on project data but this is not as important since weightings are being priced in by the market.
* Try to find a way to update input to string instead of booleans. As of currently, I could not seem to use input strings into plot functions because of an error.
* and more. Leave some feedback, that would be highly appreciated!
Crypto PricesA simple indicator that gives you a quick overview of which BTC & ETH markets are the most expensive and which are the cheapest at any given time.
Five spot markets and five derivatives markets are included.
An average price of all those markets is calculated and then it shows you how the markets selected are trading relatively to that average.
The average will always be based on all markets (for each coin), but you can add or exclude markets to compare in the settings (do it in the input settings, NOT the style settings).
There's a lot of information that can be derived from comparing prices of different markets.
Markets included:
SPOT
Bitfinex
Coinbase
Binance
FTX
Huobi
DERIVS
Bitmex
Bybit
Binance
FTX
Deribit
It's free so just add it to your favourites and you can start using it.
Shout-out to /u/dogepgp for helping me out with this indicator.
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.
QMWD RangerThis script will display the previouse Highs, Lows and Mid of the last:
- Quarter
- Month
- Week
- Day
Ranges
Its pretty good in finding potential pivot areas.
Korea PremiumA simple indicator based on the percentage price difference between Korean crypto markets and western markets.
It currently shows the premium for BTC & ETH.
If it's positive (red) it means that the Korean market is trading at a premium.
Vice versa negative (blue) means the West is trading at a premium.
Because the Korean crypto market is so closed off (because of regulations) the premium sometimes gets really wild.
The Korean average is based on Bithumb & Korbit prices.
The index made for the west is based on Coinbase, Kraken and Bitstamp.
By default it uses closing prices for the calculation but you can change that.
You can also change the timeframe in the settings although it's probably best that you keep it at "same as chart".
It's free so you can just add it to your favourites and start using it.
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.
Full CRYPTO pack macd, rsi, obv, ema alert versionThis is the indicator version of a simple, yet very efficient crypto strategy, adapted to 4h time frame, on big coins like ETH and BTC . However it can be adapted to other markets, timeframes etc
For this strategy I use a combination of a trend line , an oscillator, price action and volume .
This study has alert for both long and short entries/exit.
The rules are the next ones:
Long : we check that current candle is ascending and above the moving average, the macd is in positive range, rsi is below overbought level and volume is bigger than the moving avg of volume .
For short, we have the opposite long rules.
If you have any questions, please let me know !
MACD oscillator with EMA alert version 4HThis is the study/indicator alert version of the macd + ema strategy.
The strategy details are the following :
Is a simple, yet efficient strategy, which is made from a combination of an oscillator and a moving average.
Its setup for 4h candles with the current settings, however it can be adapted to other different timeframes.
It works nicely ,beating the buy and hold for both BTC and ETH over the last 3 years.
As well with some optimizations and modifications it can be adapted to futures market, indexes(NASDAQ, NIFTY etc), forex( GBPUSD ), stocks and so on.
Components:
MACD
EMA
Time condition
Long/short option
For long/exit short we enter when we are above the ema , histogram is positive and current candle is higher than previous.
For short /exit long , when close below ema , histo negative and current candles smaller than previous
If you have any questions please let me know !
ETH Perp Volume Per ExchangeETH aggregated volume of perpetual swap contracts in stacked or indexed format, denominated in US dollars.
Gives you a simple overview of which markets account for the most volume.
Markets included:
Binance
Huobi
Bybit
Bitmex
FTX
Deribit
Kraken
In the settings you can exclude/include markets.
Do this in the input settings, NOT in the style settings (or the calculations will be messed up).
It's free so just add it to your favourites and you can use it
ETH Spot Volume Per ExchangeETH aggregated spot volume in stacked or indexed format, denominated in US dollars.
Give you a simple overview of which markets account for the most volume.
Markets included:
Binance
Okex
Huobi
Coinbase
Bitfinex
Bitstamp
FTX
In the settings you can exclude/include markets.
Do this in the input settings, NOT in the style settings (or the calculations will be messed up).
It's free so just add it to your favourites and you can use it
Volume Extractor By CryptoScriptsThe Volume Extractor is an indicator I've been working on for awhile that involves a Volume Oscillator derived from various volume metrics combined with Bollinger Bands and Overbought/Oversold levels. This indicator is unique because it not only measures the standard deviations whenever the oscillator crosses outside the BBs but it does so at ranges that are most advantageous for the trader to identify KEY buy/sell levels (as shown above). I'll break down each signal below and how to best take advantage of them so you can get the best entries and capture the most profit per trade.
*This indicator works best on the Binance or Bybit exchange for crypto but also works for stocks and forex. It's best used on small-medium timeframes such as the 15m, 1h, 4h, 8hr, or 12h. It tends to give more false signals on the 1D timeframes and higher.
Red Alarm - this signal indicates that the volume oscillator is overbought AND is crossing outside of the bollinger bands . This is a STRONG sell signal but should still be combined with support/resistance levels and confirmed with other indicators.
Red Diamond - this signal indicates that the volume oscillator is crossing outside of the bollinger bands above the 20 level but is not yet overbought. This is a potential sell signal but should still be combined with support/resistance levels and confirmed with other indicators.
Red Shaded Area - this indicates the volume oscillator is overbought. This is a potential sell signal but should still be combined with support/resistance levels and confirmed with other indicators.
Rocket - this signal indicates that the volume oscillator is oversold AND is crossing outside of the bollinger bands . This is a STRONG buy signal but should still be combined with support/resistance levels and confirmed with other indicators.
Green Diamond - this signal indicates that the volume oscillator is crossing outside of the bollinger bands below the 20 level but is not yet oversold. This is a potential buy signal but should still be combined with support/resistance levels and confirmed with other indicators.
Green Shaded Area - this indicates the volume oscillator is oversold. This is a potential buy signal but should still be combined with support/resistance levels and confirmed with other indicators.
Input Options
Show 80 Levels - This checkbox will create a red zone and green zone for the 60-80 levels on the indicator. This is useful if the volume oscillator reaches one of these levels, you can be sure it's going to reverse soon and can have more confidence if it crosses outside of the BBs in addition to that.
VEO Length - This changes the height of the oscillator and will change how your signals flash (more or less often). Use this if you find you're getting too many signals or not enough. I find this is best at 21 but feel free to test out what works for you depending on your timeframe.
Moving Average Volume Source - This is currently set to None but you can change it to Exponential, Hull, or Simple moving average . I found that None works best but feel free to test out the different options.
Moving Average Length - Changing this length will do nothing to your chart if None is selected for the Moving Average Volume Source, therefore you will most likely keep this setting default at 9.
Alerts
I've set alerts on this indicator for each icon (Red Alarm, Red Diamond, Overbought, Rocket, Green Diamond, Oversold). I HIGHLY recommend setting the alerts for Candle Close so that you can be sure the signal is confirmed.
You may notice that the indicator can give multiple signals back-to-back or be overbought/oversold for multiple candles. When this happens, it's best to look at other indicators such as the RSI , MFI Pro, etc to nail the best entry and have confluence with your decision. With that said, having multiple signals back-to-back can also be an indication that the move is close to happening.
This indicator is a strong indicator by itself but works best when paired with my Price Extractor indicator i.e taking a trade when both indicators are displaying overbought/oversold or crossing outside of the bollinger bands . Measuring price action is an extremely important aspect of trading and one I believe should not be overlooked. I hope I made everything as clear as possible and please let me know if I didn't.
PM me to obtain access and please let me know if you have any questions!
Bitcoin Bullrun ATHFind Bitcoin's next ATH before bearmarket.
This indicator, which successfully indicated the 3 previous tops, has been modified and improved.
Its precision is the most accurate on the 2h timeframe.
3 features:
- A visual percentage gauge will show the next potential high of the current bull run when it reaches 100%
- Possibility to add an alert when the gauge reaches 100%. To do this, go to the tradingview alert menu and instead of the ticker, choose "Bitcoin Bullrun ATH" (Don't forget to set the timeframe on 2h or less.)
- Possibility to choose if you want to see or not the tips/gauge/percentage only.
Welcome and have a good bull run.
Price Extractor By CryptoScriptsThe Price Extractor is an indicator I've been working on for awhile that involves a Price Oscillator derived from various moving averages combined with Bollinger Bands and Overbought/Oversold levels. This indicator is unique because it not only measures the standard deviations whenever the oscillator crosses outside the BBs but it does so at ranges that are most advantageous for the trader to identify KEY buy/sell levels (as shown above). I'll break down each signal below and how to best take advantage of them so you can get the best entries and capture the most profit per trade.
*This indicator works best on the Binance or Bybit exchange for crypto but also works for stocks and forex. It's best used on small-medium timeframes such as the 15m, 1h, 4h, 8hr, or 12h. It tends to give more false signals on the 1D timeframes and higher.
Red Alarm - this signal indicates that the price oscillator is overbought AND is crossing outside of the bollinger bands. This is a STRONG sell signal but should still be combined with support/resistance levels and confirmed with other indicators.
Red Diamond - this signal indicates that the price oscillator is crossing outside of the bollinger bands above the 20 level but is not yet overbought. This is a potential sell signal but should still be combined with support/resistance levels and confirmed with other indicators.
Red Shaded Area - this indicates the price oscillator is overbought. This is a potential sell signal but should still be combined with support/resistance levels and confirmed with other indicators.
Rocket - this signal indicates that the price oscillator is oversold AND is crossing outside of the bollinger bands. This is a STRONG buy signal but should still be combined with support/resistance levels and confirmed with other indicators.
Green Diamond - this signal indicates that the price oscillator is crossing outside of the bollinger bands below the 20 level but is not yet oversold. This is a potential buy signal but should still be combined with support/resistance levels and confirmed with other indicators.
Green Shaded Area - this indicates the price oscillator is oversold. This is a potential buy signal but should still be combined with support/resistance levels and confirmed with other indicators.
Input Options
Show 80 Levels - This checkbox will create a red zone and green zone for the 60-80 levels on the indicator. This is useful if the price oscillator reaches one of these levels, you can be sure it's going to reverse soon and can have more confidence if it crosses outside of the BBs in addition to that.
PEO Length - This changes the height of the oscillator and will change how your signals flash (more or less often). Use this if you find you're getting too many signals or not enough. I find this is best at 21 but feel free to test out what works for you depending on your timeframe.
Moving Average Price Source - This is currently set to None but you can change it to Exponential, Hull, or Simple moving average. I found that None works best but feel free to test out the different options.
Moving Average Length - Changing this length will do nothing to your chart if None is selected for the Moving Average Price Source, therefore you will most likely keep this setting default at 9.
Alerts
I've set alerts on this indicator for each icon (Red Alarm, Red Diamond, Overbought, Rocket, Green Diamond, Oversold). I HIGHLY recommend setting the alerts for Candle Close so that you can be sure the signal is confirmed.
You may notice that the indicator can give multiple signals back-to-back or be overbought/oversold for multiple candles. When this happens, it's best to look at other indicators such as the RSI, MFI Pro, etc to nail the best entry and have confluence with your decision. With that said, having multiple signals back-to-back can also be an indication that the move is close to happening.
This indicator is a strong indicator by itself but works best when paired with my Volume Extractor indicator i.e taking a trade when both indicators are displaying overbought/oversold or crossing outside of the bollinger bands. Measuring price action is an extremely important aspect of trading and one I believe should not be overlooked. I hope I made everything as clear as possible and please let me know if I didn't.
PM me to obtain access and please let me know if you have any questions!