OPEN-SOURCE SCRIPT
Updated Ticker conversion -> $

The same idea as my Volume $
Tickers in BTC/ETH,... currency get converted into $
Cheers!
Tickers in BTC/ETH,... currency get converted into $
Cheers!
Release Notes
The script was published in a bit of a rush,so here is a bit of more explanation:
For example ETH/BTC, when price rises but BTC falls harder, 'dollar-wise' it is falling.
It is hard to know what the ticker does in dollar.
Like the 'volume $' script, this calculates the dollar value of the ticker.
In this case it will multiply the ETH/BTC price with BTC/USDT price, ending up with a ETH/USDT price.
s3.tradingview.com/snapshots/e/Ep97iDvO.png
As you can see, it is very similar to the ETHUSDT chart:
s3.tradingview.com/snapshots/a/aHOpFdBN.png
Now, ETH already has a ETH/USDT pair, so it is useless in this case.
This is just chosen as example to show that the calculations are correct.
Many alt pairs don't have a USDT pair, so in that case it is useful
Especially together with the 'volume $' script
Cheers!
Release Notes
This update is MAJORLY inspired by LonesomeTheBlue's "RSI MTF 3D / For Fun" script :)It makes the comparison between for example ticker/BTC and ticker/$ visually better
s3.tradingview.com/snapshots/j/JNgOcsRZ.png
Settings:
s3.tradingview.com/snapshots/f/f8oR2aPa.png
Extra setting (just for fun!):
s3.tradingview.com/snapshots/y/y6023nlP.png
s3.tradingview.com/snapshots/d/DhoFTkqh.png
s3.tradingview.com/snapshots/b/bkHw94C2.png
s3.tradingview.com/snapshots/u/uUAkVOIM.png
Measuring a mean average divergence between the 2 prices could be helpful
(shown by the coloured blue line above the blue wall, together with the dashed connection lines)
s3.tradingview.com/snapshots/a/ABu2EJ1X.png
Cheers!
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Who are PineCoders?
tradingview.com/chart/SSP/yW5eOqtm-Who-are-PineCoders/
TG Pine Script® Q&A: t.me/PineCodersQA
- We cannot control our emotions,
but we can control our keyboard -
tradingview.com/chart/SSP/yW5eOqtm-Who-are-PineCoders/
TG Pine Script® Q&A: t.me/PineCodersQA
- We cannot control our emotions,
but we can control our keyboard -
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Who are PineCoders?
tradingview.com/chart/SSP/yW5eOqtm-Who-are-PineCoders/
TG Pine Script® Q&A: t.me/PineCodersQA
- We cannot control our emotions,
but we can control our keyboard -
tradingview.com/chart/SSP/yW5eOqtm-Who-are-PineCoders/
TG Pine Script® Q&A: t.me/PineCodersQA
- We cannot control our emotions,
but we can control our keyboard -
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.