BINANCE-BYBIT Cross Chart: Spot-Perpetual CorrelationName: "Binance-Bybit Cross Chart: Spot-Perpetual Correlation"
Category: Scalping, Trend Analysis
Timeframe: 1M, 5M, 30M, 1D (depending on the specific technique)
Technical analysis: This indicator facilitates a comparison between the price movements shown on the Binance spot chart and the Bybit perpetual chart, with the aim of discerning the correlation between the two charts and identifying the dominant market trends. It automatically generates the corresponding chart based on the ticker selected in the primary chart. When a Binance pair is selected in the main chart, the indicator replicates the Bybit perpetual chart for the same pair and timeframe, and vice versa, selecting the Bybit perpetual chart as the primary chart generates the Binance spot chart.
Suggested use: You can utilize this tool to conduct altcoin trading on Binance or Bybit, facilitating the comparison of price actions and real-time monitoring of trigger point sensitivity across both exchanges. We recommend prioritizing the Binance Spot chart in the main panel due to its typically longer historical data availability compared to Bybit.
The primary objective is to efficiently and automatically manage the following three aspects:
- Data history analysis for higher timeframes, leveraging the extensive historical data of the Binance spot market. Variations in indicators such as slow moving averages may arise due to differences in historical data between exchanges.
- Assessment of coin liquidity on both exchanges by observing candlestick consistency on smaller timeframes or the absence of gaps. In the crypto market, clean charts devoid of gaps indicate dominance and offer enhanced reliability.
- Identification of precise trigger point levels, including daily, previous day, or previous week highs and lows, which serve as sensitive areas for breakout or reversal operations.
All-Time High (ATH) and All-Time Low (ATL) levels may vary significantly across exchanges due to disparities in historical data series.
This tool empowers traders to make informed decisions by leveraging historical data, liquidity insights, and precise trigger point identification across Binance Spot and Bybit Perpetual market.
Configuration:
EMA length:
- EMA 1: Default 5, user configurable
- EMA 2: Default 10, user configurable
- EMA 3: Default 60, user configurable
- EMA 4: Default 223, user configurable
- Additional Average: Optional display of an additional average, such as a 20-period average.
Chart Elements:
- Session separator: Indicates the beginning of the current session (in blue)
- Background: Indicates an uptrend (60 > 223) with a green background and a downtrend (60 < 223) with a red background.
Instruments:
- EMA Daily: Shows daily averages on an intraday timeframe.
- EMA levels 1h - 30m: Shows the levels of the 1g-30m EMAs.
- EMA Levels Highest TF: Provides the option to select additional EMA levels from the major timeframes, customizable via the drop-down menu.
- "Hammer Detector: Marks hammers with a green triangle and inverted hammers with a red triangle on the chart
- "Azzeramento" signal on TF > 30m: Indicates a small candlestick on the EMA after a dump.
- "No Fomo" signal on TF < 30m: Indicates a hyperextended movement.
Trigger Points:
- Today's highs and lows: Shows the opening price of the day's candlestick, along with the day's highs and lows (high in purple, low in red, open in green).
- Yesterday's highs and lows: Displays the opening price of the daily candlestick, along with the previous day's highs and lows (high in yellow, low in red).
You can customize the colors in "Settings" > "Style".
It is best used with the Scalping The Bull indicator on the main panel.
Credits:
@tumiza999: for tests and suggestions.
Thanks for your attention, happy to support the TradingView community.
Point
Zigzag Chart Points█ OVERVIEW
This indicator displays zigzag based on high and low using latest pine script version 5 , chart.point which using time, index and price as parameters.
Pretty much a strip down using latest pine script function, without any use of library .
This allow pine script user to have an idea of simplified and cleaner code for zigzag.
█ CREDITS
LonesomeTheBlue
█ FEATURES
1. Label can be show / hide including text can be resized.
2. Hover to label, can see tooltip will show price and time.
3. Tooltip will show date and time for hourly timeframe and below while show date only for day timeframe and above.
█ NOTES
1. I admit that chart.point just made the code much more cleaner and save more time. I previously using user-defined type(UDT) which quite hassle.
2. I have no plan to extend this indicator or include alert just I thinking to explore log.error() and runtime.error() , which I may probably release in other publications.
█ HOW TO USE'
Pretty much similar inside mentioned references, which previously I created.
█ REFERENCES
1. Zigzag Array Experimental
2. Simple Zigzag UDT
3. Zig Zag Ratio Simplified
4. Cyclic RSI High Low With Noise Filter
5. Auto AB=CD 1 to 1 Ratio Experimental
PointsLibrary "Points"
Provides functions for simplifying operations with collections of x+y coordinates. Where x is typically a bar index or time (millisecond) value.
new(size) Creates two arrays. One for X (int ) and another for Y (float ).
Parameters:
size : The initial size of the arrays.
size(xA, yA) Checks the size of the arrays and if they're equal returns the size.
Parameters:
xA : The X array.
yA : The Y array.
get(xA, yA, index) Gets the X and Y values of the arrays at the index.
Parameters:
xA : The X array.
yA : The Y array.
index : The index.
Returns:
set(xA, yA, index, x, y) Sets the X and Y values of the arrays at the index.
Parameters:
xA : The X array.
yA : The Y array.
index : The index.
x : The x value.
y : The y value.
Returns:
push(xA, yA, x, y) Adds X and Y values to the end of the arrays (as the last element).
Parameters:
xA : The X array.
yA : The Y array.
x : The x value.
y : The y value.
Returns:
unshift(xA, yA, x, y) Adds X and Y values to the beginning of the arrays (as the first element).
Parameters:
xA : The X array.
yA : The Y array.
x : The x value.
y : The y value.
Returns:
insert(xA, yA, index, x, y) Inserts X and Y values to the arrays at the index.
Parameters:
xA : The X array.
yA : The Y array.
index : The index to insert at.
x : The x value.
y : The y value.
Returns:
pop(xA, yA) Removes the last element from the arrays and returns their value.
Parameters:
xA : The X array.
yA : The Y array.
Returns:
shift(xA, yA) Removes the first element from the arrays and returns their value.
Parameters:
xA : The X array.
yA : The Y array.
Returns:
remove(xA, yA) Removes the element from the arrays at the index and returns their value.
Parameters:
xA : The X array.
yA : The Y array.
Returns:
first(xA, yA) Gets the X and Y values of the first element.
Parameters:
xA : The X array.
yA : The Y array.
Returns:
last(xA, yA) Gets the X and Y values of the last element.
Parameters:
xA : The X array.
yA : The Y array.
Returns:
allIndexesBetween(xA, lo, hi, start, ordered) Gets the indexes that have values at or above the low value and below the high value.
Parameters:
xA : The X array.
lo : The inclusive low value.
hi : The excluded hi value.
start : The optional index to start the backwards search.
ordered : If true, the search ends when the first value is found that is less than the low.
lastIndexBetween(xA, lo, hi, start, ordered) Gets the first found from the end that has a value at or above the low value and below the high value.
Parameters:
xA : The X array.
lo : The inclusive low value.
hi : The excluded hi value.
start : The optional index to start the backwards search.
ordered : If true, the search ends when the first value is found that is less than the low.
lastIndexBelow(xA, hi, start) Gets the first found from the end that has a value below the high value.
Parameters:
xA : The X array.
hi : The excluded hi value.
start : The optional index to start the backwards search.
Intraday Mid PointA moving indicator that is overlaid main chart. Identifies the start of the day, and then applies this formula:
( Current High of Day + Current Low of Day ) / 2, to get the mid point. It is a useful tool to identify buy side or sell side control, along with vwap.
[RESEARCH] Point-and-Figure (P&F) Chart Identifier(Republishing of the hidden script)
A heuristic approach to identify P&F chart type. Catches all variations.
Works correctly with other chart types:
Classic Candles
Heikin-Ashi
Line Break
Kagi
ATR Renko
Traditional Renko
Range Bars
Number of digits before and after the decimal point - FunctionFunction - Number of digits before and after the decimal point
Detect the number of digits in integers and floats, before the decimal and after it.
It also works for negative numbers.
There are some rounding issues, but the currently maximum supported number can have safely up to 3 digits after the decimal point.
Pivot Point Moving AveragesThis indicator contains two simple moving averages that is calculated from the pivot point rather than the closing price. This indicator is described in detail in chapter 6 of the book Candlestick and Pivot Point Trading Triggers: Setups for Stock, Forex, and Futures Markets by John L. Person.
Pivot Point Pivot points simply took the high, low, and closing price from the previous period and
divided by 3 to find the pivot. From this pivot, traders would then base their
calculations for three support, and three resistance levels. The calculation for the most
basic flavor of pivot points, known as ‘floor-trader pivots’, along with their support and
resistance levels.