Miyuki Unit of Account — Indicator by eto_miyuki

Volatility

This is a simple indicator that will show you candlesticks for the current ticker divided by a set ticker. This can be used to create a synthetic chart of two USD denominated tickers. E.g. set the indicator to ETHUSD and now you will have a ETH pair chart for any asset you view which uses USD as the quote asset.

Typically it would be set this to your personal 'unit of account' so you can quickly see how well assets are doing compared to you own denominator.

You can set any ticker as the indicator symbol.
There are options to change colours.

Note: if you view charts that have a different quote asset, the indicator may not show you anything useful. E.g. viewing BNBBTC and having ETHUSD set in the indicator.

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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