Btc futures vs spot indicator
Made by thedudebtc
Made by thedudebtc
//Futures vs Spot study(title = "FuturesVsSpot", shorttitle = "FuturesVsSpot") ok3m = security("OKCOIN:BTCUSD3M",period, close) ok2w = security("OKCOIN:BTCUSD2W",period, close) ok1w =security("OKCOIN:BTCUSD1W",period, close) stamp = security("BITSTAMP:BTCUSD",period,close) usdcnh = security("FX_IDC:USDCNY",period,close) btccny = security("OKCOIN:BTCCNY",period,close) finex = security("BITFINEX:BTCUSD",period,close) cny2usd = btccny/usdcnh avg = (stamp+finex)/2 diff = ok1w-avg diff2 = ok3m-avg diff4 = ok2w-avg diff3 = cny2usd-avg col = diff<0 ? red : diff>0 ? green : gray col2 = diff2<0 ? red : diff2>0 ? green : gray hline(0,title="0") plot(diff2, style=area,linewidth=1,color=aqua,transp=15) plot(diff4, style=area,linewidth=1,color=yellow,transp=10) plot(diff, style=area,linewidth=1,color=orange,transp=40) plot(diff3, style=line, linewidth=2, color=white)