OPEN-SOURCE SCRIPT
CAP - KC/AC 2.20462 Converter

// ───────────────────────────────────────────────────────────────────────────────
// Purpose: Conversion Indicator for ICE “C” (KC) and “C Metric” (AC) Contracts
//
// Background:
// - The Intercontinental Exchange (ICE) is phasing out the legacy Coffee “C” contract (symbol: KC),
// which has been quoted in U.S. cents per pound, and replacing it with the new Coffee “C Metric” contract (symbol: AC),
// quoted in U.S. dollars per metric ton :contentReference[oaicite:0]{index=0}.
// - The final KC futures expire in March 2028; AC contracts begin trading in September 2025 and use modern specifications
// including pricing per metric ton and flexible bulk delivery formats :contentReference[oaicite:1]{index=1}.
//
// Why this script matters:
// - Traders are accustomed to the KC pricing format (¢/lb); the AC contract’s USD/MT may create confusion.
// - This indicator visually converts the current chart price—whether from KC or AC contracts—directly into its equivalent unit,
// helping traders quickly assess parity and compare trends across both contract types.
// - It simplifies head-to-head comparison during this transition period, improving clarity on chart price behavior.
//
// Usage instructions:
// - If the symbol starts with "KC", the script divides the price by 2.20462 to convert from ¢/lb to approximate ¢/kg.
// - If the symbol starts with "AC", the script multiplies the price by 2.20462 to reverse the conversion.
// - The results (converted values) are displayed in a table for immediate visual clarity.
// ───────────────────────────────────────────────────────────────────────────────
// Purpose: Conversion Indicator for ICE “C” (KC) and “C Metric” (AC) Contracts
//
// Background:
// - The Intercontinental Exchange (ICE) is phasing out the legacy Coffee “C” contract (symbol: KC),
// which has been quoted in U.S. cents per pound, and replacing it with the new Coffee “C Metric” contract (symbol: AC),
// quoted in U.S. dollars per metric ton :contentReference[oaicite:0]{index=0}.
// - The final KC futures expire in March 2028; AC contracts begin trading in September 2025 and use modern specifications
// including pricing per metric ton and flexible bulk delivery formats :contentReference[oaicite:1]{index=1}.
//
// Why this script matters:
// - Traders are accustomed to the KC pricing format (¢/lb); the AC contract’s USD/MT may create confusion.
// - This indicator visually converts the current chart price—whether from KC or AC contracts—directly into its equivalent unit,
// helping traders quickly assess parity and compare trends across both contract types.
// - It simplifies head-to-head comparison during this transition period, improving clarity on chart price behavior.
//
// Usage instructions:
// - If the symbol starts with "KC", the script divides the price by 2.20462 to convert from ¢/lb to approximate ¢/kg.
// - If the symbol starts with "AC", the script multiplies the price by 2.20462 to reverse the conversion.
// - The results (converted values) are displayed in a table for immediate visual clarity.
// ───────────────────────────────────────────────────────────────────────────────
开源脚本
本着TradingView的真正精神,此脚本的创建者将其开源,以便交易者可以查看和验证其功能。向作者致敬!虽然您可以免费使用它,但请记住,重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
开源脚本
本着TradingView的真正精神,此脚本的创建者将其开源,以便交易者可以查看和验证其功能。向作者致敬!虽然您可以免费使用它,但请记住,重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。