OPEN-SOURCE SCRIPT

kimchi(korea) premium percent - bithumb btc / binance btc

Atualizado
This script was created to confirm the fear of kimchi premium in the cryptocurrency market.

The basic operation formula is as follows.

premium(percent) = (BTC KRW - (BTC USDT x USD KRW) / (BTC USDT x USD KRW)) x 100

By calculating the premium, you can check melt up rally.

Looking at the chart, when kimchi's premium reaches 6-8 percent, BTC faces great volatility (mainly downside).

So, a color warning was made for values ​​outside of -2~2%, which is the general kimchi premium (can be changed in settings).

Also, a zero line has been added for readability.

Also, a color change has been added to the ema to see if the value of each market moves in the opposite direction based on the previous candle's closing price. If the two markets move separately, the ema is colored red.


I think this script is a very simple indicator.
It is usually recommended to get value in a large time frame.

Thank you.
Notas de Lançamento
Upbit chart is updated in Trading View to change the symbol.
Notas de Lançamento
snapshot

- The default color of each section has been changed.
blue: below 0
green: 0~2
red: above 2

- style change
line -> colums

- new function
value table
Notas de Lançamento
- Change table location.
- Added variables for the interval to find the maximum and minimum
Notas de Lançamento
I used binanceus usdt in the calculation, but it looks like there is a problem. If you need it later, you can manage it separately in the input.
Notas de Lançamento
color input added
CycleskimchipremiumOscillatorsstatistics

Script de código aberto

No verdadeiro espírito do TradingView, o autor desse script o publicou como código aberto, para que os traders possam compreendê-lo e analisá-lo. Parabéns ao autor! Você pode usá-lo gratuitamente, mas a reutilização desse código em publicações é regida pelas Regras da Casa. Você pode favoritá-lo para usá-lo em um gráfico.

Quer usar esse script no gráfico?

Aviso legal