OPEN-SOURCE SCRIPT

Swaps/spot volume ratio [XBT]

Inspired by @SimpeLyfe on both tradingview and twitter


Takes BitMex's XBT volume and divides it by a basket of spot exchanges volume to determine a ratio between both of them.

Has options like: Smoothing or no smoothing, Showing individual data points or data points summed up over a specified period.

Open source so enjoy!
ratioswapsVolumexbt

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 publication is governed by House rules. You can favorite it to use it on a chart.

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