Neo BitMEX Futures Hedge Grid Alerts Premium v1.0This indicator was made to streamline finding the optimal entry to cash and carry/hedge on a futures contract when margin trading.
Explanation of the indicator:
This indicator has built-in alert conditions that you can use to give you email alerts, in-browser sound alerts, or SMS alerts. These alerts are based upon futures prices being in contango or backwardation.
From top to bottom, the grid shows XBTU18, XBTZ18, OkEx's Quarterlies (OKCOIN:BTCUSD3M), and CME's futures.
Red: Futures are trading above your defined range (default 1%) of spot
Maroon: Futures are trading above twice your defined range of spot
Lime: Futures are trading below your defined range (default 1%) of spot
Green: Futures are trading below twice your defined range of spot
What's configurable:
% to trigger
Grid size
Bar color toggle
Label toggle
Spot/index source (Bitfinex's BTCUSD, BitMEX's XBTUSD, and BitMEX's XBT Index are available)
Pricing:
Currently this standalone indicator is 0.007 BTC for lifetime use.
Example of use:
On 4 May 2018, BitMEX's XBTU18 was trading >2% above perpetual swap. The grid alerts signaled that and if one were long on bitcoin spot on any exchange, then it would have been a good idea to hedge a short on XBTU18. Eventually from there the premium gap was closed while bitcoin fell.
Here is the indicator shown with bar coloring and labels.
Okex
% Δ, BTC Futures vs. BTC Spot By @Cipher_ScienceAlternative Version to my previous script:
I had fellow traders ask for a delta% version instead of using the delta$!
BTC Futures vs. BTC Spot By @Cipher_ScienceThis indicator has 3 options in the "Format" settings area for each of the three major futures contracts. It is built this way because Tradingview does not allow you to build multiple indicators into one script. The best way to use this tool is to apply this indicator three times, check the box for each exchange/market, add labels, and then save it as one of your chart layouts.
If you want a more compact indicator check out my combined version here:
Please let me know if you have any issues, feature recommendations, or other script ideas.
-CS
Combined BTC Futures vs. Spot {C_S}I built a baseline histogram chart that allows you to quickly view OKEX, BITMEX Quarts, and BITMEX Bi-Annuals versus spot. Colors are all editable, and you can change to area/line if youd like!
Let me know if you have any questions or suggestions!
Index Vs Futures for OKEX Quarterly Contracts 5.0*****Please note that all old versions of this script are depreciated and will report incorrect data!*****
This "indicator" is made to display the history of the price difference between OKEX's quarterly contracts and the market that it is supposed to be tracking. Contango differences are natural, but it's nice to visualize how they change over time.
This update to this script brings in further functionality when OKEX changed the index that the futures contracts are based off of to remove chinese exchanges from the mix. This script reflects that change and crosses-over when that change was made.
The new index removed chinese exchanges which are (currently) trading at a significant discount which will give bad data when using my old code.
