Quicksilver80

Arbitrage

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Arbitrage v1.0
This is a simple tool to indicate arbitrage opportunities between TWO markets. Base currency must be the same for both markets. Arbitrage signal and minimum market spread uses percentage, base currency or both. Spread input accepts increments as small as 0.00000001. Works best with smaller time frames.

I will develop this further if enough people show an interest.
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// This is a simple tool to indicate arbitrage opportunities between two markets. 
// Base currency must be the same for both markets. 
// Arbitrage signal and minimum market spread uses percentage, base currency or both. 
// Spread input accepts increments as small as 0.00000001. Works best with smaller time frames.

study(title="Arbitrage", shorttitle="Arb1.0", overlay=false)
spread = input(10,step=0.00000001,title="Spread $")
spreadpct = input(5,step=0.00000001,title="Spread %")/100
sym1 = input("BTCUSDT",title= "Symbol 1")
sym2 = input("COINBASE:BTCUSD",title= "Symbol 2")
source = close
sym11 = sym1, res11 = period
sym22 = sym2, res22 = period 

s1 = security(sym11, res11, source)
s2 = security(sym22, res22, source)

sym33 = s2-s1
aaa=(s2/s1)-1
bbb = aaa*100
plot(sym33, color=sym33>0?green:red, linewidth=2,style = columns,title="$",transp=60)
plot(bbb, color=bbb>0?teal:orange, linewidth=2,style = columns,title="%",transp=100)

bgcolor(abs(sym33)>=spread?purple : na, transp=40,title = "Spread $")
bgcolor(aaa>=spreadpct?yellow : na, transp=100,title = "Spread %",transp=100)







// This is an update to Arbitrage.
// Base currency must be the same for both markets.
// Arbitrage signal and minimum market spread uses percentage or base currency.
// Spread input accepts increments as small as 0.00000001 to support cryptocurrencies.
// Default Spread Values: 2.5% and 0.00025000 base currency points.

study(title= "Arbitrage", shorttitle= "Arb2.0", overlay= false)
source = close
spread = input(0.00025000, step=0.00000001, title= "Spread")
zzz = input(true, title= "Calculate Spread By % ?")
spreadp = input(2.50000000,step= 0.00000001, title= "Spread %")
spreadpct = spreadp/100
m1 = input("POLONIEX:BTCUSDT" ,title= "Market 1")
m2 = input("COINBASE:BTCUSD", title= "Market 2")
res1 = period
res2 = period
s1 = security(m1, res1, source)
s2 = security(m2, res2, source)
aaa = s2-s1
bbb = (s2/s1)-1
ccc = bbb*100
buy = min(s1,s2)
sell = max(s1,s2)
x1 = (sell/buy)-1
plot(zzz==0? aaa :na, color= aaa>0 ? green : red, style = columns, title= "$", transp= 60)
plot(zzz==1? bbb : na, color= ccc>0 ? green : red, style = columns, title= "%", transp= 60)
bgcolor(zzz==1? na : abs(aaa) >= spread? fuchsia : na, transp=80, title= "$ Signal")
bgcolor(zzz==0? na : x1 >= spreadpct? fuchsia : na, transp=80, title= "% Signal")
plot(zzz==0? spread : spreadpct, color= aqua, style= line, title= "Buy M1", transp= 20, linewidth= 1)
plot(zzz==0? spread*-1 : spreadpct*-1, color= orange, style= line, title= "Sell M1", transp= 10, linewidth= 1)
+3 Reply
DeemaKzk Quicksilver80
@Quicksilver80, It`s that what i was look for Big Respect.

but how to update it ? I need 2 create new indi. and copy/paste this code ?
Reply
DeemaKzk DeemaKzk
Done ... Thx!
Reply
Hi this indicator maybe useful between usoil /ukoil but it is not perfect yet. Thanks
Reply
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