theheirophant

Bitcoin Futures: Premium Discount Backwardation Contango [CR]

Bitcoin Futures Premium Discount - Backwardation Contango

Cryptorhythms back at it again with another release for your quarantined pleasure! We've had this one in our back pocket for a few months adding new features and testing it out. Now its time to release it into the wild!

Intro
This indicator is used to capture additional profits by spread trading on futures contracts.

Description
This indicator is for members only and instructions will be given out upon becoming a member. It allows you to select from dozens of perpetual, futures and spot markets to compare, along with providing an info panel of many useful statistics and triggers.

How to get access?
You can get more information on joining by referring to my signature links. Members gain access to an entire suite of proven trading indicators and a supportive community of traders.
Release Notes:
An update that removes the preconfigured asset categories and restrictions. Feel free to now use the tool on ANY 2 tickers for comparison. To find hidden opportunities for leveraged scalps compare your margin ticker

i.e. XBTUSD to one of the spot indexes that underlie its price calculation. In the case of XBTUSD, COINBASE:BTCUSD is a great basis ticker to use for comparison and it goes into the calculation of the index price. After studying the relationships between your spot and leveraged assets you will begin to see patterns like absorption and front running. These relationships are different for each asset and exchange so you will have to DYOR with this one.

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Cryptorhythms Group Chat - t.me/cryptorhythms
Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact theheirophant for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases you can find a good open-source alternative for free in our Community Scripts.

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.

Author's instructions

DM me for access or see my signature for more contact options.

Want to use this script on a chart?

Warning: please read before requesting access.