OPEN-SOURCE SCRIPT
BTC Price Deviation % and Tether price (BPD) [cI8DH]
Updated
This indicator shows Bitcoin price deviation from average of price across difference exchanges in percentage. As you can see, price at Bitfinex and Binance (both BTC/Tether pairs) are going up relative to BTC/USD pairs. This means Tether price is going down for some fishy reason(s). In the next
update, I will add Tether price calculation.
update, I will add Tether price calculation.
Release Notes
added an estimation for Tether price deviation from 1 USD in %Release Notes
- minor change in input UIOpen-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 publication is governed by House rules. You can favorite it to use it on a chart.
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.