USDT dominance charts are rare to find as almost everyone is fixated on BTC dominance. Bitcoin dominance gives us insight into investors' preferences when they have a choice between BTC and thousands of altcoins.
This oscillator gives insight into the state of the coin market. When people exchange their digital currencies like BTC and Altcoins for USDT, there is...
Kraken + FTX USDT premium indicator.
Inspired by John J Brown, forked from IAmSatoshi (Migrated to V5 and few changes + more markets coming).
John J Brown: "
USDt premium/discount exist because of conversion fees.
It is a good market indicator:
If USDt>USD, then market is growing and in need of liquidity;
If USDt<USD, then market is shrinking and has excess liquidity."
Use Crypto Open Interest Data available on TradingView to your advantage.
Auto-Detect Symbol (based on chart)
Preset Symbols (BTC, ETH, BNB, XRP, LUNA, ADA, SOL, AVAX and DOT)
Exchanges ( Binance and BitMex )
Inverse and USDT Pairs
Override Data Option to use any OI Data on TradingView
This was a follower suggested script. This script compares the USDT and BTC relative prices of a particular altcoin traded on Binance by calculating it's USDT price comparative to BTC. This is a very simple calculation (ALT/USDT price divided by ALT/BTC price). From there, we simply subtract the BTC/USDT price from the ALT ration price and we can see if a coin...
The Stablecoin Supply Ratio (SSR) is the ratio between Bitcoin supply and the supply of stablecoins, denominated in BTC.
When the SSR is low, the current stablecoin supply has more "buying power" to purchase BTC. It serves as a proxy for the supply/demand mechanics between BTC and USD.
Today I bring an indicator specialized in crypto markets.
Its made of multiples EMA : very fast, fast, normal, slow, very slow
The logic behind its simple :
For long : we check that the EMA are in ascending order like EMA 5 > EMA 10 > EMA 20 .... and at the same time that last close of candle is above all of them.
For short : we check that the EMA are in...
Total cryptocurrency market capitalization without tether, with alerts for chosen value thresholds.
The rationale is that tether is a printed supply stablecoin with a fixed value; there is no need to include its value in a combined market cap. It's debatable if that's true, but that doesn't explain what this indicator is.
The second part of this indicator is...
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.
A toolkit with a bunch of different metrics for the widely used stablecoin called tether (USDT).
It's very easy to use, just select in the settings what data you want to look at.
The "index" setting shows a volume weighted index of different exchanges to give the most accurate average USDT/USD price.
Good morning traders!
This time I want to share with you a little script that, thanks to the use of arrays, allows you to have interesting statistical and financial insights taken from the symbol on chart and compared to those of another symbol you desire (in this case the metrics taken from the perpetual future ETHUSDT are compared to those taken from the...
This is a simple script that aggregates the USDTUSD pairs available on TradingView and shows the average price of (USDTUSD - 1).
Heavy buying of BTC on USD exchanges (read: Coinbase) will result in a positive USDT premium
Heavy selling of BTC on USD exchanges (read: Coinbase) will result in a negative USDT premium
Heavy buying of BTC on USDT exchanges result in...
**************** OnegreenCandle - Tether Printer ************************
Shows the total market cap of USDT (US Dollar Tether) currency. Helpful for swing trading longer timeframes and indentifying new supply in the crypto market.
This provides a Binance BTCUSDT ticker that is more aligned with spot exchange price.
There is an invisible line added to so it is possible to add indicators like MAs to it. It must be turned on in options to be used.
Add it to a Binance chart as a price source but keep real volume
To feel like you have an edge
For an more accurate and...
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...