NeoButane

.BXBT Index

The current . BXBT index weighted as close as possible to BitMEX's with updates as BitMEX refreshes their index.
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.

Methodology
https://www.bitmex.com/app/indices
"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 ."

Binance: -
Bitstamp: 10.61%
Bittrex: 2.53%
Coinbase: 52.30%
Gemini: 6.89%
Huobi: -
Itbit: 4.21%
Kraken: 23.46%
Poloniex: -


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:
Binance: -
Bitstamp: 10.61%
Bittrex: 2.53%
Coinbase: 52.30%
Gemini: 11.10%
Huobi: -
Itbit: -
Kraken: 23.46%
Poloniex: -

Options:
  • Toggle candlesticks 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.
Informacje o Wersji: Added 27 March 2020 index and made it default.
Informacje o Wersji: Q3 2020 added, weighting is located in the script
...The candle colors were backwards and nobody said anything
Skrypt open-source

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.

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My published indicators: https://www.tradingview.com/u/NeoButane/#published-scripts

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