Similar to my other indicators, but measures XBTUSD Contango in terms of percent.
Also, built it so you could change the values that give the red and green signals. Default values are 0% or less (backwardation) indicates green. However, i found that a 0.5% setting worked will finding local bottoms for current contract of XBTH20 (March 2020). The upper value...
Same as XBT Contango Calc V3, however built specifically for Deribit Futures . See link to XBT Contango Calc V3 for full description.
Above is capture of how this indicator performed on December Futures Contract BTC27Z19, since I assume I will loose this as the main chart when I update to June contract
Current (Dec. 2019) futures contracts are as...
Since creating the first version of the XBT Contango Calculator, I found that the first version is good a calculating contango and backwardation in real time, however does not do a good job of capturing historical data of brief moves. Since backwardation moves are often brief, and since the first version Contango Calc was based on candlestick closes, it did not...
This indicator calculates difference between price of Bitmex's XBTUSD, and Bitmex's two nearest futures.
If the difference is negative, then it is backwardation.
If the difference is positive, then it is contango.
This script will be updated every about 3 months, when the nearest Bitmex future will be expired.
This is an updated script of , with better description.
This indicator measures value of basis (or spread) of current Futures contracts compared to spot. The default settings are specifically for Bitmex XBTU19 and XBTZ19 futures contracts. These will need to be updated after expiration. Also, it seems that Tradingview does not keep charts of expired contracts. If anyone knows how to import data from previous...
Used to show Contango or Backwardation in futures contracts vs spot price. You can input your own tickers so can technically can be used to compare anything.
* In this example I'm showing Okex Quarterly contract vs Okex spot index price because it showcases it better.
* If you are using this after 2019 the default setting will not work because I set it to...
Hi Folg,
BITMEX Contango/Backwardation is fundamental analysis, act as confirmation for BUY and SELL. A change between Contango and Backwardation often highly correlated with stronger price changes.
Contango : SELL!!! (Background olor: RED)
Backwardation : BUY!!! (Background olor: GREEN)
Backwardation occurs when spot is more expensive that the futures and this...
Experimental idea calculating the momentum of contango/backwardation of spot/perp vs futures as an index. Basically the "RSI" of C/B. Histogram displays the ratio of C/B vs chart close. Multiplier is arbitrary and just to be able to "magnify" the histogram to a visible level.
Has some interesting divergences and as well as ratio trends, zero line cross overs as...
English:
This script shows the difference between a future's continuous current contract (e. g. CL1!) and the continuous next contract (e. g. CL2!). Normally, the next contract is more expensive ("Contango" - shown in green). If the next contract is cheaper, the difference is negative ("Backwardation" - shown in red).
A change between Contango and Backwardation...
![XBTUSD.P: XBT Contango / Backwardation Index [ rumpypumpydumpy ]](https://s3.tradingview.com/w/wej4o8wW_mid.png "XBT Contango / Backwardation Index [ rumpypumpydumpy ]")
