LankouSpreads ema 13 — Indicator by lankou

This script is calculating spreads automatically between an asset and it PERP counterpart

Giving a crypto asset it substract it price from the PERP pair and disaply the result

usually
if the difference is a positive it's a top signal
and if it's negatvie it's a bottom signal

/!\ it only works with asset which have a PERP pair (use it on binance and it will work ok)

There is an ema 13 for smoothing the indicator

hellow hellow power !

Release Notes:

added some comments for those who want to change to FTX PERP

Release Notes:

- handle shiba
- handle having perp if on a perp pair
- force Binance to look for perp pair

Release Notes:

change screenshot

Release Notes:

added ema periods as an input

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

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