Volatility Drift [7 Dreams India Official]elite learningselite learningselite learningselite learningselite learningselite learningselite learningselite learningselite learningselite learningselite learningselite learningselite learningselite learningselite learningselite learningselite learnings
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Educational
MY MADAM DIOR Fake FilterIntroducing a new indicator This innovative tool goes beyond traditional MACD signals by analyzing positive and negative waves to determine the average height of the waves to filter false cross-over or cross-under signals during the sideways market.
There are two types of waves created by the MACD line, one is a positive wave above the "zero" line and another is a negative wave below "zero" line. Each wave has peaks. This indicator will find the average height of the positive waves' peaks and plot as a green line(by default). Vice-versa it will also find the average height of the negative waves' peaks and plot as a red line(by default).
This indicator will show labels when the MACD line crosses-under the MACD signal line above the average height of the positive waves.
Vice-versa, the indicator will show labels when the MACD line crosses-above the MACD signal line below the average height of the negative waves.
Alerts are also available for these types of cross-over and cross-under.
Multi-Timeframe UT Bot AlertsThis will plot UT Bot alerts in one chart with multiple TF like hourly and 4H in a 15min chart
Supertrend Strategy with Money Ocean TradeStrategy Overview
The Supertrend Strategy with Trend Change Confirmation leverages the Supertrend indicator to identify potential buy and sell signals based on changes in trend direction and subsequent price action. The strategy is designed to work with any financial instrument (symbol) and aims to provide clear entry and exit signals.
Key Components
Supertrend Indicator: The core of this strategy is the Supertrend indicator, calculated using a length of 3 and a factor of 1. The Supertrend line is plotted on the chart to visually represent trend direction.
Direction 1: Indicates an uptrend (bullish).
Direction -1: Indicates a downtrend (bearish).
Trend Change Detection: The strategy monitors changes in the trend direction. When a trend change is detected, it checks if the next candle confirms the trend change by breaking above or below the Supertrend line.
Entry Conditions:
Long Entry (Buy): When the Supertrend direction changes to 1 (uptrend) and the next candle closes above the Supertrend line.
Short Entry (Sell): When the Supertrend direction changes to -1 (downtrend) and the next candle closes below the Supertrend line.
Exit Conditions: The strategy closes the position based on the opposite signal.
Long Exit: When the Supertrend direction changes to -1 (downtrend) and the next candle closes below the Supertrend line.
Short Exit: When the Supertrend direction changes to 1 (uptrend) and the next candle closes above the Supertrend line.
Visual Signals: The strategy plots buy and sell signals on the chart using plotshape:
BUY: A green label below the bar when a long entry is triggered.
SELL: A red label above the bar when a short entry is triggered.
Alerts: Alerts are set up to notify when a buy or sell signal is triggered.
Script Summary
This strategy helps traders identify potential trading opportunities based on trend changes and confirms the trend by checking the next candle's price action. The visual signals and dashboard enhance the user's ability to monitor and manage trades effectively.
Feel free to test and adjust the parameters to suit your trading preferences! If you need further customizations or explanations, let me know.
Custom EMA Strategyקוד אלגוריתמי PINE EDITOR עבור טריידינג וויו
הקוד נדרש לבצע את הפעולות הבאות.
הגדרה של מחיר סגירה של נר P_CLOSE
משתנים ניתנים לבחירה על ידי המתשמש
ממוצע אקספוננציאלי -EMA ניתן לבחור כמה על כמה נרות יהיה הממוצע
D - מרחק של P_CLOSE - EMA
C - (P_CLOSE-P_CLOSE(2*נר קודם)+P_CLOSE(נר קודם קודם))/P_CLOSE(נר קודם)
מצב קניה
D<0
וגם
C>0
מצב מכירה
D>0
וגם
C<0
NAS Strategy [tradbie]Hello Traders!
Introducing "NAS Strategy "!
NAS Strategy is an all-in-one NAS Strategy with several unique features.
This script is a comprehensive TradingView tool designed for session visualization, trendline analysis, fractal detection, and price-based alerts. It provides traders with customizable features to improve their technical analysis and decision-making
Features
1. Timezone Offset Settings
Allows users to set a timezone offset for the script.
Provides a floating-point input field for time zone offset in hours (e.g., 1 for CET, -5 for EST).
Adjustable in steps of 0.5 hours.
Includes a tooltip for instructions on usage.
2. Session Settings (grp1)
This section defines multiple trading sessions (e.g., Asia, London, NY Wall Street) with customizable settings:
Session Text: Name of the session (e.g., "Asia Session").
Session Time: Time range for each session (e.g., "0100-0700").
Session Color: Color used for visual display.
Session Show: Boolean option to toggle session visibility.
Session Length: Defines session line length.
Session Label Offset: Adjusts label position relative to the session.
Custom Labels: Custom names for session highs and lows (e.g., "Asia Session High").
3. Session Alerts (grp_alerts)
Alerts can be triggered when price reaches key session levels:
High Alert: Triggered when the price exceeds the session high.
Low Alert: Triggered when the price falls below the session low.
Applies to multiple sessions: Asia, London, NY Wall Street, New York, and 14 Uhr.
4. Session Time Adjustment Function (adjustTime)
Adjusts session times according to the user’s timezone offset.
Converts session start and end times based on the offset.
Returns the adjusted time range dynamically.
5. Reminder Settings (grp_reminder)
Displays a customizable reminder message on the chart:
Main Text & Subtext: Displays key messages (e.g., "Trading is Business").
Text Colors & Sizes: Customization options for color and font size.
Position: Defines reminder placement on the chart (e.g., top-center).
6. Session Variables
Stores session high and low values for calculations and alerts:
Example Variables: s1_high, s2_low.
Used to define session ranges and trigger alerts.
7. Alert Conditions
Alerts are triggered based on session highs and lows:
High Alert: Activates when price reaches or exceeds session high.
Low Alert: Activates when price drops below session low.
Separate alert conditions for each session.
8. Trendline Settings
Customizable settings for trendlines:
Uptrend/Downtrend Line Colors: Defines color scheme.
Line Width: Adjusts trendline thickness.
Break of Structure (BoS) Trendline Colors: Special colors for structure break trendlines.
9. Fractal Settings
Allows customization of fractal detection and display:
Fractal Colors: Customizable upward and downward fractal colors.
Fractal Size: Options for different sizes (e.g., tiny, small).
Fractal Lookback Bars: Defines the number of past candles checked for fractals (e.g., 50 candles).
________________________________________
Key Features
1. Trendlines and Break of Structure (BoS)
Detects upward and downward fractals (potential trend reversals).
Draws trendlines from fractals and tracks when they break.
Alerts notify when a trendline is broken, signaling structural changes.
2. Session Boxes and Alerts
Highlights different trading sessions (Asia, London, NY Wall Street, etc.).
Draws session boxes around price action.
Alerts notify users when session highs or lows are triggered.
3. Fractal Calculation
Identifies fractals for technical analysis (turning points in price action).
Marks fractals visually on the chart.
4. Reminder and Notes Display
Displays a table with customizable reminders and trading notes.
Includes checkboxes to track trading tasks and plans.
5. Trading Plan
Shows a checklist of four trading plan points.
Each point has a checkbox for tracking completion.
6. Alerts Based on Session Highs and Lows
Alerts users of significant price movements.
Customizable conditions for alerts.
7. Session Color and Styling
Allows users to differentiate sessions using custom colors and labels.
________________________________________
Possible Enhancements
1. Session Integration
Dynamically adjust session start/end times (e.g., add countdowns or integrate real-time market data).
2. Trendline Updates
Introduce conditions for auto-adjusting or deleting trendlines as price evolves.
3. BoS Enhancements
Extend Break of Structure logic to include multiple levels and support/resistance zones.
4. Alert Customization
Add complex conditions, combining fractals with trendline breaks for enhanced alerts.
Supertrend with DEMA Strategy (Reversal Enabled)Just simple Supertrend with DEMA filter strategy.
Just for daylytrading with optional disabling long and short positions
MY MADAM DIOR XAMD/AMDX Quarterly Theory Cycles🔵Introduction
The ICT Power of 3 (PO3) strategy, developed by Michael J. Huddleston, known as the Inner Circle Trader, is a structured approach to analyzing daily market activity. This strategy divides the trading day into three distinct phases: Accumulation, Manipulation, and Distribution.
Each phase represents a unique market behaviour influenced by institutional traders, offering a clear framework for retail traders to align their strategies with market movements.
Accumulation (19:00 - 01:00 EST) takes place during low-volatility hours, as institutional traders accumulate orders. Manipulation (01:00 - 07:00 EST) involves false breakouts and liquidity traps designed to mislead retail traders. Finally, Distribution (07:00 - 13:00 EST) represents the active phase where significant market movements occur as institutions distribute their positions in line with the broader trend.
This indicator is built upon the Power of 3 principles to provide traders with a practical and visual tool for identifying these key phases. By using clear color coding and precise time zones, the indicator highlights critical price levels, such as highs and lows, helping traders to better understand market dynamics and make more informed trading decisions.
Incorporating the ICT AMD setup into daily analysis enables traders to anticipate market behaviour, spot high-probability trade setups, and gain deeper insights into institutional trading strategies. With its focus on time-based price action, this indicator simplifies complex market structures, offering an effective tool for traders of all levels.
🔵How to Use
The ICT Power of 3 (PO3) indicator is designed to help traders analyze daily market movements by visually identifying the three key phases: Accumulation, Manipulation, and Distribution.
Here's how traders can effectively use the indicator:
🟣Accumulation Phase (19:00 - 01:00 EST)
Purpose: Identify the range-bound activity where institutional players accumulate orders.
Trading Insight: Avoid placing trades during this phase, as price movements are typically limited. Instead, use this time to prepare for the potential direction of the market in the next phases.
🟣Manipulation Phase (01:00 - 07:00 EST)
Purpose: Spot false breakouts and liquidity traps that mislead retail traders.
Trading Insight: Observe the market for price spikes beyond key support or resistance levels. These moves often reverse quickly, offering high-probability entry points in the opposite direction of the initial breakout.
🟣Distribution Phase (07:00 - 13:00 EST)
Purpose: Detect the main price movement of the day, driven by institutional distribution.
Trading Insight: Enter trades in the direction of the trend established during this phase. Look for confirmations such as breakouts or strong directional moves that align with broader market sentiment
🔵Settings
Show or Hide Phases: Decide whether to display Accumulation, Manipulation, or Distribution.
Adjust the session times for each phase:
Accumulation: 1900-0100 EST
Manipulation: 0100-0700 EST
Distribution: 0700-1300 EST
Modify Visualization: Customize how the indicator looks by changing settings like colors and transparency.
🔵Conclusion
The ICT Power of 3 (PO3) indicator is a powerful tool for traders seeking to understand and leverage market structure based on time and price dynamics. By visually highlighting the three key phases—Accumulation, Manipulation, and Distribution—this indicator simplifies the complex movements of institutional trading strategies.
With its customizable settings and clear representation of market behavior, the indicator is suitable for traders at all levels, helping them anticipate market trends and make more informed decisions.
Whether you're identifying entry points in the Accumulation phase, navigating false moves during Manipulation, or capitalizing on trends in the Distribution phase, this tool provides valuable insights to enhance your trading performance.
By integrating this indicator into your analysis, you can better align your strategies with institutional movements and improve your overall trading outcomes.
MY MADAM DIOR.....💃
SHIVBHAGWAN BUY SIGNALPlot EMAs: Plot the 9 and 15 EMAs on the chart.
Candle Conditions: Identify candles that form on the EMA and are crossed by the next candle.
Buy Signal: Generate a "Buy" signal when the next candle crosses the previous candle.
Stop Loss: Use the previous candle's low as the stop loss and label it as "SL".
Target: Calculate the target as 2x the stop loss points and label it as "TGT".
Quicktrade703@quicktrade703This indicator best work in option trading for Intraday . You can use this in 5 minute time frame chart and take trade as per ema and stop loss as per vstop .Try for 1:2 target for best performance
Higher Highs, Higher Lows, Lower Highs, Lower Lows//@version=5
indicator("Higher Highs, Higher Lows, Lower Highs, Lower Lows", overlay=true)
// Lookback period for swing detection
length = input(36)
// Detect swing highs and lows
swingHigh = ta.highest(high, length) == high
swingLow = ta.lowest(low, length) == low
// Track previous highs and lows
var float prevHigh = na
var float prevLow = na
var float lastHigh = na
var float lastLow = na
if swingHigh
prevHigh := lastHigh
lastHigh := high
if swingLow
prevLow := lastLow
lastLow := low
// Determine structure: HH, HL, LH, LL
isHH = swingHigh and lastHigh > prevHigh
isHL = swingLow and lastLow > prevLow
isLH = swingHigh and lastHigh < prevHigh
isLL = swingLow and lastLow < prevLow
// Plot labels for HH, HL, LH, LL
labelOffset = 10
if isHH
label.new(x=time, y=high, text="HH", color=color.green, textcolor=color.white, size=size.small, style=label.style_label_down)
if isHL
label.new(x=time, y=low, text="HL", color=color.blue, textcolor=color.white, size=size.small, style=label.style_label_up)
if isLH
label.new(x=time, y=high, text="LH", color=color.red, textcolor=color.white, size=size.small, style=label.style_label_down)
if isLL
label.new(x=time, y=low, text="LL", color=color.orange, textcolor=color.white, size=size.small, style=label.style_label_up)
// Draw connecting lines
var line hhLine = na
var line hlLine = na
var line lhLine = na
var line llLine = na
if isHH
hhLine := line.new(x1=bar_index , y1=prevHigh, x2=bar_index, y2=lastHigh, width=2, color=color.green)
if isHL
hlLine := line.new(x1=bar_index , y1=prevLow, x2=bar_index, y2=lastLow, width=2, color=color.blue)
if isLH
lhLine := line.new(x1=bar_index , y1=prevHigh, x2=bar_index, y2=lastHigh, width=2, color=color.red)
if isLL
llLine := line.new(x1=bar_index , y1=prevLow, x2=bar_index, y2=lastLow, width=2, color=color.orange)
EMA Buy SignalPlot EMAs: Plot the 9 and 15 EMAs on the chart.
Candle Conditions: Identify candles that form on the EMA and are crossed by the next candle.
Buy Signal: Generate a "Buy" signal when the next candle crosses the previous candle.
Stop Loss: Use the previous candle's low as the stop loss and label it as "SL".
Target: Calculate the target as 2x the stop loss points and label it as "TGT".
Micha Stocks Custom Watermark (fixed offsetY by n.b)fixed Y offset so no overlap with other indicators.
special thanks to "micha stocks" for the idea.
Opening Range with Breakouts & Targets [Arosh]copied and edited from luxalgo script
all rights reserved for original owner of this code
i just changed it to the way i like
CCI, RSI, Volume & ATR Buy Signal - Go with the herd!📌 CCI, RSI, Volume & ATR Buy Signal Indicator
🚀 Identify Smart Entry Opportunities with a Multi-Confirmation Approach
This indicator combines CCI (Commodity Channel Index), RSI (Relative Strength Index), Volume, and ATR (Average True Range) to provide a reliable buy signal by ensuring the market conditions are favorable before entering a trade.
📊 How Does It Work?
This script evaluates market momentum, volatility, and trading volume to generate a clear entry decision:
✅ (Green Check) → Favorable entry conditions
❌ (Red Cross) → Not an ideal entry point
The indicator displays all the relevant metrics in one compact label, positioned above the most recent candle for quick and easy reference.
📈 Components of the Indicator
Each metric is visually represented using traffic light colors (🟢 Green, 🟡 Yellow, 🔴 Red) for intuitive decision-making:
1️⃣ CCI (Commodity Channel Index) – Momentum Strength
🟢 Strong: Market momentum is high (CCI above the entry threshold).
🟡 Moderate: Market is showing some movement, but not strong enough.
🔴 Weak: No significant momentum (CCI is low).
2️⃣ RSI (Relative Strength Index) – Trend Confirmation
If RSI is above the user-defined threshold, the momentum is considered positive for entry.
3️⃣ Volume – Market Participation
🟢 High: Trading volume is above the moving average, confirming strong participation.
🟡 Moderate: Volume is near its average, signaling indecisiveness.
🔴 Low: Weak participation, indicating potential false signals.
4️⃣ ATR (Average True Range) – Volatility Indicator
🟢 High: The market is moving with sufficient volatility for a strong trade setup.
🟡 Moderate: Acceptable volatility but with some caution.
🔴 Low: Market is slow, and price movements may be weak.
🔧 Customizable Settings
You can fine-tune the indicator to match your trading strategy by adjusting:
CCI Threshold for Entry (default: 100)
RSI Threshold for Entry (default: 50)
Volume Multiplier for Confirmation (default: 1.0)
ATR Multiplier for Confirmation (default: 1.0)
🖥️ How to Use
1️⃣ Add the indicator to your TradingView chart.
2️⃣ Look for the label above the most recent candle.
Example output:
✅ Vola: 🟢 Mom: 🟢 Volu: 🟢 → Strong confirmation for entry.
❌ Vola: 🟡 Mom: 🔴 Volu: 🟡 → Entry conditions are not favorable.
3️⃣ Only enter trades when ✅ appears and all or most indicators are green.
4️⃣ Avoid trading when ❌ is displayed or when multiple indicators are yellow/red.
⚡ Why Use This Indicator?
✅ Multi-Factor Confirmation – Ensures you enter only high-probability setups.
✅ Customizable for Any Strategy – Adjust thresholds based on your risk tolerance.
✅ Traffic Light System – Easily interpret trade conditions at a glance.
✅ Real-Time Updates – The label dynamically updates based on the latest price action.
📌 Final Notes
This indicator is not a standalone trading system but a powerful confirmation tool. Always use proper risk management and combine it with price action analysis for best results. 📊📈
RSI Strategy with Manual TP and SLHello friends.
This strategy enters the trade by exiting the RSI saturation zone and then by changing the profit and loss limits, the necessary changes can be made.
At the same time, different shorts or longs are not opened, and only the position shown with the arrow is opened and the rest are only shown.
You can change the RSI range.
With the initial conditions on the 30-minute time frame on EURUSD, EURAUD, GBPUSD, it responded well.
I hope it is useful.
Of course, it definitely needs changes and it is a general strategy.
Good luck.
Order Block Strategywill take trades off whatever timeframe you are trading. It will work on anything you're trading.
Precision Order Block FinderPrecision Order Block Finder
This advanced indicator identifies high-probability Order Block patterns with customizable confirmation parameters for increased precision and reliability. Unlike basic Order Block indicators, this tool allows you to specify the exact confirmation criteria needed before marking a pattern as valid.
Key Features:
Detects both bullish and bearish Order Block patterns
Customizable confirmation candle settings (1:3 ratio by default)
Adjustable visual properties including transparency and line styles
Optional price labels for quick reference
Filter options to display only bullish, bearish, or both pattern types
How It Works:
The indicator identifies potential Order Blocks by locating a trigger candle (bearish for bullish patterns, bullish for bearish patterns) followed by your specified number of confirmation candles in the opposite direction. This multi-candle confirmation approach helps filter out false signals and focuses on the most reliable trading opportunities.
Perfect for both swing and intraday traders looking to identify key market turning points with greater accuracy. The visual representation clearly highlights potential entry zones and price targets to streamline your trading decisions.
Adjust the settings to match your trading style and timeframe preferences for optimal results.
FX Market Sessions BY MY MADAM DIORSESSIONS TIMING
ASIAN
LONDON
NEW YORK
SYDNEY
"Show New High/Low of Its Sessions?"
New High/Low Backgrounds is changed to works on realtime only"
Opening Range option.
MY Madam Dior....💃
StochRSI 50 Overlay
Hello?
Hello, traders.
If you "Follow", you can always get new information quickly.
Please click "Boost".
Have a nice day today.
-------------------------------------
(1D chart)
This is a 1D chart that shows the StochRSI 50 point shown on the 1M, 1W chart above.
-
As a basic property of the chart, it has the property of regressing to the average value.
In that sense, if the StochRSI indicator rises based on the 50 point,
- the strength of the rise becomes stronger, and if it falls,
- the strength of the fall becomes stronger.
In particular, it can be seen that it shows the strongest rise/fall strength when entering the overbought or oversold zone.
I made it displayed on the price chart so that you can see this characteristic more intuitively.
It seems to play a good role as a support and resistance point.
-
Thank you for reading to the end.
I hope you have a successful transaction.
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안녕하세요?
트레이더 여러분, 반갑습니다.
"팔로우"를 해 두시면, 언제나 빠르게 새로운 정보를 얻으실 수 있습니다.
"부스트" 클릭도 부탁드립니다.
오늘도 좋은 하루되세요.
-------------------------------------
(1D 차트)
위의 1M, 1W 차트에 표시된 StochRSI 50 지점을 표시하여 나타낸 1D 차트입니다.
-
차트의 기본적인 속성으로 평균값으로 회귀하려는 성질을 가지고 있습니다.
그러한 의미에서 볼 때, StochRSI 지표가 50 지점을 기준으로 하여
- 상승한다면 상승 강도가 강해지고,
- 하락한다면 하락 강도가 강해집니다.
특히, 과매수 구간이나 과매도 구간에 진입하였을 때 가장 강한 상승/하락 강도를 나타낸다고 볼 수 있습니다.
이러한 성질을 보다 직관적으로 알 수 있도록 가격 차트 부분에 표시되도록 만들었습니다.
지지와 저항 지점으로 역할을 잘 수행한다고 보여집니다.
-
끝까지 읽어주셔서 감사합니다.
성공적인 거래가 되기를 기원입니다.
--------------------------------------------------
Weekend RangeWeekend Range Indicator – Customizable High/Low Zones
🔹 Overview
The Weekend Range Indicator marks the last 20 weekends on your chart, highlighting their highs and lows with fully customizable colors, transparency, and time settings. This tool helps traders identify key support and resistance levels from weekend price action.
🛠️ Features
✅ Custom Weekend Start & End – Choose the weekend days and time (UTC)
✅ Automatically Tracks the Last 20 Weekends (configurable up to 50)
✅ Custom Box Colors & Transparency – Adjust the fill and border colors easily
✅ Works on All Timeframes – Best viewed on 1H, 4H, or higher
✅ Efficient & Optimized Code – No lag, smooth performance
🎯 How to Use
1️⃣ Add the indicator to your chart.
2️⃣ Adjust the weekend start & end time in the settings.
3️⃣ Customize the box colors and transparency to match your style.
4️⃣ Watch how price reacts around the weekend high/low zones for trade opportunities.
💡 Trading Strategies
🔹 Breakout Trading – Look for price breaking above or below the weekend range.
🔹 Reversal Zones – Watch for rejections at weekend highs/lows.
🔹 Liquidity & Stop Hunts – Large players often target these levels.
📈 Recommended Markets
✔ Works best on Forex, Crypto, Indices, and Commodities
✔ Ideal for swing traders and intraday traders
🚀 Enjoy using the indicator! Let me know if you’d like any new features added! 🎯🔥
Cash And Carry Arbitrage BTC Compare Month 6 by SeoNo1Detailed Explanation of the BTC Cash and Carry Arbitrage Script
Script Title: BTC Cash And Carry Arbitrage Month 6 by SeoNo1
Short Title: BTC C&C ABT Month 6
Version: Pine Script v5
Overlay: True (The indicators are plotted directly on the price chart)
Purpose of the Script
This script is designed to help traders analyze and track arbitrage opportunities between the spot market and futures market for Bitcoin (BTC). Specifically, it calculates the spread and Annual Percentage Yield (APY) from a cash-and-carry arbitrage strategy until a specific expiry date (in this case, June 27, 2025).
The strategy helps identify profitable opportunities when the futures price of BTC is higher than the spot price. Traders can then buy BTC in the spot market and short BTC futures contracts to lock in a risk-free profit.
1. Input Settings
Spot Symbol: The real-time BTC spot price from Binance (BTCUSDT).
Futures Symbol: The BTC futures contract that expires in June 2025 (BTCUSDM2025).
Expiry Date: The expiration date of the futures contract, set to June 27, 2025.
These inputs allow users to adjust the symbols or expiry date according to their trading needs.
2. Price Data Retrieval
Spot Price: Fetches the latest closing price of BTC from the spot market.
Futures Price: Fetches the latest closing price of BTC futures.
Spread: The difference between the futures price and the spot price (futures_price - spot_price).
The spread indicates how much higher (or lower) the futures price is compared to the spot market.
3. Time to Maturity (TTM) and Annual Percentage Yield (APY) Calculation
Current Date: Gets the current timestamp.
Time to Maturity (TTM): The number of days left until the futures contract expires.
APY Calculation:
Formula:
APY = ( Spread / Spot Price ) x ( 365 / TTM Days ) x 100
This represents the annualized return from holding a cash-and-carry arbitrage position if the trader buys BTC at the spot price and sells BTC futures.
4. Display Information Table on the Chart
A table is created on the chart's top-right corner showing the following data:
Metric: Labels such as Spread and APY
Value: Displays the calculated spread and APY
The table automatically updates at the latest bar to display the most recent data.
5. Alert Condition
This sets an alert condition that triggers every time the script runs.
In practice, users can modify this alert to trigger based on specific conditions (e.g., APY exceeds a threshold).
6. Plotting the APY and Spread
APY Plot: Displays the annualized yield as a blue line on the chart.
Spread Plot: Visualizes the futures-spot spread as a red line.
This helps traders quickly identify arbitrage opportunities when the spread or APY reaches desirable levels.
How to Use the Script
Monitor Arbitrage Opportunities:
A positive spread indicates a potential cash-and-carry arbitrage opportunity.
The larger the APY, the more profitable the arbitrage opportunity could be.
Timing Trades:
Execute a buy on the BTC spot market and simultaneously sell BTC futures when the APY is attractive.
Close both positions upon futures contract expiry to realize profits.
Risk Management:
Ensure you have sufficient margin to hold both positions until expiry.
Monitor funding rates and volatility, which could affect returns.
Conclusion
This script is an essential tool for traders looking to exploit price discrepancies between the BTC spot market and futures market through a cash-and-carry arbitrage strategy. It provides real-time data on spreads, annualized returns (APY), and visual alerts, helping traders make informed decisions and maximize their profit potential.
