English : This Pine Script indicator, named "Cantom Chart - CL CTG vs BKD," uniquely analyzes the immediate state of oil futures contracts to determine if they are in contango or backwardation. The script uses the price ratio between the nearest (CL1) and the next nearest (CL2) NYMEX crude oil futures contracts. It multiplies this ratio by 100 for clarity and...
This Script is based in the 2020 @Plumptoiletduck script
Special thanks to @tartigradia for the Auto Detect code for the Binance pair.
It tells us the difference in price between Spot and Perpetual Futures.
Now I incorporated the function that automatically detects the pair we are in to show the premium/discount of that pair.
You never need to select the...
Let’s first start with some definitions:
VIX9D: The CBOE S&P 500 9-Day Volatility Index estimates the expected 9-day volatility of S&P 500® stock returns.
www.cboe.com
VIX: The CBOE Volatility Index® (VIX® ) is considered by many to be the world's premier barometer of equity market volatility. The VIX Index is based on real-time prices of options on the S&P...
Crude Oil, CL
Plots Futures Curve: Futures contract prices over the next 3.5 years; to easily visualize Backwardation Vs Contango(carrying charge) markets.
Carrying charge (contract prices increasing into the future) = normal, representing the costs of carrying/storage of a commodity. When this is flipped to Backwardation(As the above; contract prices decreasing...
VIX: Backwardation Vs Contango
Quickly visualize Contango vs Backwardation in the S&P 500 Volatility Index by plotting the prices of the futures contracts over the next 9 months
Note: indicator does not map to time axis in the same way as price; it simply plots the progression of contract months out into the future; left to right; so timeframe DOESN'T MATTER...
METALS: Gold , Silver , Copper ( GC , SI, HG)
Quickly visualize carrying charge market vs backwardized market by comparing the price of the next 2 years of futures contracts.
Carrying charge (contract prices increasing into the future) = normal, representing the costs of carrying/storage of a commodity. When this is flipped to Backwardation (contract prices...
GRAINS: Wheat , Soybeans , Corn (ZW, ZS, ZC )
Quickly visualize carrying charge market vs backwardized market by comparing the price of the next 2 years of futures contracts.
Carrying charge (contract prices increasing into the future) = normal, representing the costs of carrying/storage of a commodity. When this is flipped to Backwardation (contract prices...
MEATS: Live Cattle , Feeder Cattle, Lean Hogs (LE, GF , HE)
Quickly visualize carrying charge market vs backwardized market by comparing the price of the next 2 years of futures contracts.
Carrying charge (contract prices increasing into the future) = normal, representing the costs of carrying/storage of a commodity. When this is flipped to Backwardation (contract...
Hello traders,
This script shows the exchange volume-weighted aggregate basis for Bitcoin. This is the accompanying overlay version of the script which shows plotshapes according to the specified levels of aggregate contango or backwardation.
Exchanges have differing significance to the traded price of BTC and so this script calculates the respective volume and...
Hello traders,
This script shows the exchange volume-weighted aggregate basis for Bitcoin.
Exchanges have differing significance to the traded price of BTC and so this script calculates the respective volume and price of the major exchanges to more accurately represent the difference between the markets spot price and the markets perpetual future/swap...
Shows various basis percentages in a table and plots historical basis. Also has an alert function for backwardation events. Useful for tracking bullish/bearish sentiment in BTC futures markets.
*Currently displays March and June futures for the following exchanges: Bitmex, Binance, Deribit, Okex, and FTX
Also displays CME Continuous Next Contract. All of the...
This indicator shows the % premium between spot and index price of any two assets.
There are both a true and false overlay version of this indicator, this is the oscillator version.
IMPORTANT: This oscillator is different from the other related oscillator, because this does not automatically change the assets for premiums, you will have to MANUALLY type in the...
This indicator shows the premium between spot and index price, specifically on Binance USDT pairs against Binance USDT Perpetual contracts.
There are both a true and false overlay version of this indicator, as seen in the pic.
IMPORTANT: This indicator will automatically change to the appropriate asset, but ONLY if the observed chart is a Binance PERP. For...
Based on my previous script "BTC Contango Index" which was inspired by a Twitter post by Byzantine General:
This is a script that shows the contango between spot and futures volumes of Bitcoin to identify overbought and oversold conditions. When a market is in contango, the volume of a futures contract is higher than the spot volume. Conversely, when a market is...
Inspired by a Twitter post by Byzantine General:
This is a script that shows the contango between spot and futures prices of Bitcoin to identify overbought and oversold conditions. Contango and backwardation are terms used to define the structure of the forward curve. When a market is in contango, the forward price of a futures contract is higher than the spot...
Very basic strategy that goes long on a VIX ETF whenever the futures curve shows signs of backwardation and gets out when it shows signs of contango. Makes no effort whatsoever to avoid getting faked out by monthly futures rollover.
Surprisingly good at not incinerating money while still providing diversification benefits in a long SPY portfolio. Useful for...
Backwardation/Contango of OKEX, HUOBI, BITMEX, DERIBIT futures compared to XBTUSD.
Results indicate that backwardation can mark bottoms in price action.
![BTCUSDTPERP: BTC Weighted Agg. Basis [Overlay] [Moto]](https://s3.tradingview.com/v/vjmODTw2_mid.png "BTC Weighted Agg. Basis [Overlay] [Moto]")
![BTCUSDTPERP: BTC Weighted Agg. Basis [Osc] [Moto]](https://s3.tradingview.com/b/B0kIU89E_mid.png "BTC Weighted Agg. Basis [Osc] [Moto]")
![OMGUSDTPERP: Premium [Choice+Osc] [Intromoto]](https://s3.tradingview.com/h/hZ8R9qmE_mid.png "Premium [Choice+Osc] [Intromoto]")
![BTCUSDTPERP: Premium [Auto+Overlay] [Intromoto]](https://s3.tradingview.com/b/BVJEVyMD_mid.png "Premium [Auto+Overlay] [Intromoto]")
