BigBitsIO

Binance BTC ALT Ratio Difference [BigBitsIO]

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 is trading comparatively high or low compared to it's BTC relative price.

This indicator may or may not be useful for you. However, for the purposes of my development series for indicators, I have published it to highlight the ability to concatenate strings to manipulate securities.

Features:
- Dropdown to choose from several built-in altcoin selections.
- Dropdown to choose to show a USDT base difference in the ratio, or a percentage based difference (might be useful for considering fees).
- Dropdown to choose the resolution of the indicator.
- Checkbox to toggle the option to use a custom altcoin.
- Text input to allow entry of a custom altcoin from Binance. Please only use the prefix on its trading pair vs. BTC . I cannot guarantee this will work with all altcoins. They must be traded vs. USDT and BTC on Binance.

- Concatenated strings to manipulate selected securities.


*** DISCLAIMER: For educational and entertainment purposes only. Nothing in this content should be interpreted as financial advice or a recommendation to buy or sell any sort of security or investment including all types of crypto. DYOR, TYOB. ***

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开源脚本

本着真正的TradingView精神,该脚本的作者将其开源发布,以便交易者可以理解和验证它。为作者喝彩!您可以免费使用它,但在出版物中重复使用此代码受网站规则的约束。 您可以收藏它以在图表上使用。

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、交易或其他类型的意见或建议。请在使用条款阅读更多信息。

想在图表上使用此脚本?