SBD steempeg v0.1
A simple indicator to show the current USD value of a Steem Backed Dollar , based on the POLONIEX:SBDBTC and BITFINEX:BTCUSD prices .
Plot lines are marked at $1 , $0.90 , $0.80 and plot line color changes depending on its current price for a quick visual reference.
If you appreciate this please show some love to steemit.com/@ausbitbank !
Plot lines are marked at $1 , $0.90 , $0.80 and plot line color changes depending on its current price for a quick visual reference.
If you appreciate this please show some love to steemit.com/@ausbitbank !
//@version=2
// SBD steempeg indicator by @ausbitbank
// https://steemit.com/@ausbitbank
// Work in progress v0.1 (@version on line1 is to enable pinescript if statements .. TIL)
study(title = "SBD steempeg v0.1", shorttitle = "SBD steempeg indicator")
polosbdbtc = security("POLONIEX:SBDBTC",period, close)
bitfinexbtcusd = security("BITFINEX:BTCUSD",period, close)
polosteembtc = security("POLONIEX:STEEMBTC",period,close)
polosbdpeg = (polosbdbtc*bitfinexbtcusd)
plotcolor = if polosbdpeg<1
if polosbdpeg<0.9
red
else
orange
else
green
plot(polosbdpeg,color=plotcolor,linewidth=2)
plot(1,color=green)
plot(0.9,color=yellow)
plot(0.8,color=orange)