BITFINEX:BTCUSD
BTC Futures Divergence Monitor 1.0
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# Abstract
This script shows the divergence between BTC futures price and BTC actuals price of bitFlyer FX and BitMEX in percentage .
Usually, when people bought it or sold it too much on futures, the divergence between actuals and futures are getting expanding.
I believe this is really useful to...
General idea is like this:
Go long when RULE 1 and RULE 2 are true:
RULE 1 - when USDT is in high demand (background is green)
RULE 2 - when Longs/Shorts is just recovered from Lower Bollinger Band
go short when the opposite is true.
you should also be careful and be prepared for a rise / fall when is below / above the purple dotted lines
you may...
General idea is like this:
go long when RULE 1 and RULE 2 are true:
RULE 1 - when USDT is in high demand (background is green)
RULE 2 - when Longs/Shorts is just recovered from Lower Bollinger Band
go short when the opposite is true.
This seems to work for the recent bear market while prices is driven largely by BTC margin or futures trading.
The rationale...
✅ TOTAL / BTC / ETH / USDT Dominance (total market cap / beat / ethernet / share) indicator.
This indicator is a supplementary indicator for the market share of TOTAL Market Cap / BTC / ETH / USDT.
You can check the above occupation rate in real time through the check box of the input. By default, only the dominance of the bit is set to come out.
If you want...
This indicator shows Bitcoin price deviation from average of price across difference exchanges in percentage. As you can see, price at Bitfinex and Binance (both BTC/Tether pairs) are going up relative to BTC/USD pairs. This means Tether price is going down for some fishy reason(s). In the next
update, I will add Tether price calculation.
Hi again! Its me Octo.
Blood with milk! Yes it's a combination of 2 indicators classic rsi and rsi volume by LB.
The indicator with volumes better shows the divergence, but you should not miss the classic rsi.
The red zone is bullish vol/ white-bearish.
I filled out the difference between the 2 indicators, so that it would be understandable how significant the...
![BTCUSD: BTC Price Deviation % and Tether price (BPD) [cI8DH]](https://s3.tradingview.com/6/6SCbeqKQ_mid.png "BTC Price Deviation % and Tether price (BPD) [cI8DH]")
