Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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The current .BXBT index weighted as close as possible to BitMEX's with updates as BitMEX refreshes their index. Difference between this and the script titled '2020 March 27 .BXBT Index': this one will receive updates because it doesn't have a date in its title.
Methodology bitmex.com/app/indices "BitMEX Index Weights, assuming no constituent exchanges have been excluded due to Index Protection Rules, last updated 27 December 2019 at 12:00:05 UTC."
ItBit's weight is combined with Gemini's due to ItBit not being on TradingView as of now. BITTREX:BTCUSD substituted with BITTREX:BTCUSDT*POLONIEX:USDTUSD to backfill because Bittrex only recently (late 2018) started to offer a fiat BTC/USD pair. Not that it matters since the index used in 2018 didn't include Bittrex if I remember correctly.
What is actually used for 27/12/2019 to 27/03/2020: Binance: - Bitstamp: 10.61% Bittrex: 2.53% Coinbase: 52.30% Gemini: 11.10% Huobi: - Itbit: - Kraken: 23.46% Poloniex: -
Options:
Toggle candlesticks or close line
Change price source to be used for indicators
To be added: Change quarter to show indexes for different times, with labels that apply to the appropriate index used
Reasons to use this vs. the index itself: (not many)
It is helpful as a reference for other indicators or creation of an index.
Release Notes
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Added 27 March 2020 index and made it default.
Release Notes
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Q3 2020 added, weighting is located in the script ...The candle colors were backwards and nobody said anything