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BTC Premium -WinCAlgo

Bitcoin Premium/Discount Tracker
This indicator tracks the premium or discount between different Bitcoin markets, helping traders identify arbitrage opportunities and market sentiment shifts.
What it shows:
CME vs Index: Price difference between CME Bitcoin futures and BTC index
CME vs Binance Perpetual: Spread between traditional futures and crypto perpetual contracts
Coinbase vs Binance Spot: Price difference between major spot exchanges
Moving Averages: 20-period smoothed trend lines for each spread
CME Market Hours: Automatically detects when CME is closed (weekends)
How to interpret:
Positive Values (Green): First market trading at premium to second market
Negative Values (Red): First market trading at discount to second market
Large Spreads: Indicate potential arbitrage opportunities or market stress
Converging Spreads: Suggest market equilibrium and efficient pricing
Diverging MA: May signal trend changes in market dynamics
📌 Trading Applications:
Arbitrage Detection: Identify price discrepancies between markets
Market Sentiment: Premium/discount patterns often reflect institutional vs retail sentiment
Weekend Analysis: CME closure periods can create temporary price dislocations
Risk Assessment: Large persistent premiums may indicate overheating in specific markets
Entry Timing: Use spread normalization as confluence for position entries
Key Features:
Smart Timeframe: Automatically switches to daily data on higher timeframes
CME Hours Detection: Shows "No Data" during CME closure with background highlighting
Customizable Display: Toggle different spread calculations and moving averages
Real-time Table: Current values displayed in customizable table
Visual Clarity: Color-coded columns and clear positive/negative distinction
This indicator tracks the premium or discount between different Bitcoin markets, helping traders identify arbitrage opportunities and market sentiment shifts.
What it shows:
CME vs Index: Price difference between CME Bitcoin futures and BTC index
CME vs Binance Perpetual: Spread between traditional futures and crypto perpetual contracts
Coinbase vs Binance Spot: Price difference between major spot exchanges
Moving Averages: 20-period smoothed trend lines for each spread
CME Market Hours: Automatically detects when CME is closed (weekends)
How to interpret:
Positive Values (Green): First market trading at premium to second market
Negative Values (Red): First market trading at discount to second market
Large Spreads: Indicate potential arbitrage opportunities or market stress
Converging Spreads: Suggest market equilibrium and efficient pricing
Diverging MA: May signal trend changes in market dynamics
📌 Trading Applications:
Arbitrage Detection: Identify price discrepancies between markets
Market Sentiment: Premium/discount patterns often reflect institutional vs retail sentiment
Weekend Analysis: CME closure periods can create temporary price dislocations
Risk Assessment: Large persistent premiums may indicate overheating in specific markets
Entry Timing: Use spread normalization as confluence for position entries
Key Features:
Smart Timeframe: Automatically switches to daily data on higher timeframes
CME Hours Detection: Shows "No Data" during CME closure with background highlighting
Customizable Display: Toggle different spread calculations and moving averages
Real-time Table: Current values displayed in customizable table
Visual Clarity: Color-coded columns and clear positive/negative distinction
Skrip terproteksi
Skrip ini diterbitkan sebagai sumber tertutup. Namun, anda dapat menggunakannya secara bebas dan tanpa batasan apa pun – pelajari lebih lanjut di sini.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Skrip terproteksi
Skrip ini diterbitkan sebagai sumber tertutup. Namun, anda dapat menggunakannya secara bebas dan tanpa batasan apa pun – pelajari lebih lanjut di sini.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.