Applies current Tether discount/premium to Bitfinex to display what its value would be if traded against real USD. Option to display as candles or line, with another option to show candles of what Bitfinex is currently trading at.
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.
The script will let you see the histogram volume of TrueUSD -- USDTether -- USD or the combination of them. The values are being pulled from all the available pairs in Tradingview. Once new pairs hit the site I will be adding them aswell enjoy :)
TradingView Pine script to compare open Bitfinex BTCUSD long versus short positions. This indicator compares open BTCUSD Bitfinex long versus short positions. Features Switch between total position and percent comparison. Configurable gradient shading (useful with total position comparison).
Tether line indicator is the first component of TFS trading strategy. It was named this way because stock prices have a tendency to cluster around it. It means that stock prices tend to move away from the midpoint between their 50-day highs and lows, then return to that midpoint at some time in the future. On a chart, it appears as though the...