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//@version=5 |
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// |
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// _____ __ .__ |
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// / _ \ _________.__. _____ _____ _____/ |________|__| ____ |
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// / /_\ \ / ___< | |/ \ / \_/ __ \ __\_ __ \ |/ ___\ |
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// / | \\\___ \ \___ | Y Y \ Y Y \ ___/| | | | \/ \ \___ |
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// \____|__ /____ >/ ____|__|_| /__|_| /\___ >__| |__| |__|\___ > |
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// \/ \/ \/ \/ \/ \/ \/ |
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// |
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// Disclaimers: https://t.co/kOsUzy5pCB |
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indicator("Asymmetric Coinbase Premium Histogram with SMA", overlay=false) |
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// Extract the base currency from the current chart (e.g., "BTC" from "BTCUSD") |
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base_asset = syminfo.basecurrency |
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// Construct Coinbase and Binance symbols dynamically |
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coinbase_symbol = "COINBASE:" + base_asset + "USD" |
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binance_symbol = "BINANCE:" + base_asset + "USDT" |
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// Fetch prices from Coinbase and Binance |
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coinbase_price = request.security(coinbase_symbol, timeframe.period, close) |
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binance_price = request.security(binance_symbol, timeframe.period, close) |
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// Calculate the premium (absolute and percentage) |
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premium = coinbase_price - binance_price |
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percent_premium = (premium / binance_price) * 100 |
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// Input to select between notional and percentage premium |
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show_percent = input.bool(false, title="Show Percentage Premium") |
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// Select the value to plot based on user input |
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histogram_value = show_percent ? percent_premium : premium |
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// Define the color based on the premium value |
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bar_color = histogram_value > 0 ? color.green : color.red |
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// Plot the histogram |
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plot(histogram_value, style=plot.style_histogram, color=bar_color, title="Asymmetric Coinbase Premium Histogram") |
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// Input for the moving average length |
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sma_length = input.int(14, title="SMA Length", minval=1) |
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// Calculate the simple moving average (SMA) of the premium |
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sma_premium = ta.sma(histogram_value, sma_length) |
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// Plot the SMA line on the same chart |
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plot(sma_premium, color=color.gray, linewidth=2, title="SMA of Premium") |
Not financial advice, not a solicitation, for entertainment and education purposes only.
Apache 2.0 and MIT dual license open source software.
Don't Be Dumb.