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BTC Premium -WinCAlgo

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Bitcoin Premium/Discount Tracker
This indicator tracks the premium or discount between different Bitcoin markets, helping traders identify arbitrage opportunities and market sentiment shifts.
What it shows:

CME vs Index: Price difference between CME Bitcoin futures and BTC index
CME vs Binance Perpetual: Spread between traditional futures and crypto perpetual contracts
Coinbase vs Binance Spot: Price difference between major spot exchanges
Moving Averages: 20-period smoothed trend lines for each spread
CME Market Hours: Automatically detects when CME is closed (weekends)

How to interpret:

Positive Values (Green): First market trading at premium to second market
Negative Values (Red): First market trading at discount to second market
Large Spreads: Indicate potential arbitrage opportunities or market stress
Converging Spreads: Suggest market equilibrium and efficient pricing
Diverging MA: May signal trend changes in market dynamics

📌 Trading Applications:

Arbitrage Detection: Identify price discrepancies between markets
Market Sentiment: Premium/discount patterns often reflect institutional vs retail sentiment
Weekend Analysis: CME closure periods can create temporary price dislocations
Risk Assessment: Large persistent premiums may indicate overheating in specific markets
Entry Timing: Use spread normalization as confluence for position entries

Key Features:

Smart Timeframe: Automatically switches to daily data on higher timeframes
CME Hours Detection: Shows "No Data" during CME closure with background highlighting
Customizable Display: Toggle different spread calculations and moving averages
Real-time Table: Current values displayed in customizable table
Visual Clarity: Color-coded columns and clear positive/negative distinction

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.