Difference between this and the script titled '2020 March 27 . BXBT Index': this one will receive updates because it doesn't have a date in its title.
"BitMEX Index Weights, assuming no constituent exchanges have been excluded due to Index Protection Rules, last updated 27 December 2019 at 12:00:05 UTC ."
ItBit's weight is combined with Gemini's due to ItBit not being on TradingView as of now. BITTREX:BTCUSD substituted with BITTREX:BTCUSDT*POLONIEX:USDTUSD to backfill because Bittrex only recently (late 2018) started to offer a fiat BTC /USD pair. Not that it matters since the index used in 2018 didn't include Bittrex if I remember correctly.
What is actually used for 27/12/2019 to 27/03/2020:
- Toggle or close line
- Change price source to be used for indicators
- To be added: Change quarter to show indexes for different times, with labels that apply to the appropriate index used
Reasons to use this vs. the index itself: (not many)
It is helpful as a reference for other indicators or creation of an index.
...The candle colors were backwards and nobody said anything
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.
Sorry if I haven't replied to your message yet, I'm a bit backlogged :)