Uniswap instrument prices are in WETH. This indicator translates the series to USD prices and plots the series as candles or as a line. Data is translated by using corresponding series data for ETHUSD. The reference ETHUSD price is from Coinbase.
Any token listed as a ETH/WETH pair could be specified as an input parameter. The default instrument value is set to UNISWAP: DPIWETH, an index created by indexcoop and tracking the DEFI basket.
The script is simple and easy to understand. It allows for quick conversion and comparisons and something we had to do in a custom way prior to this script. The crypto and DEFI community would benefit from it immensely. There is even a feature request for something like this on the tradingview subreddit.
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 publications is governed by House rules. Per aggiungerlo al grafico, mettilo tra i preferiti.
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.