Mxwll Hedge Suite [Mxwll]Hello Traders!
The Mxwll Hedge Suite determines the best asset to hedge against the asset on your chart!
By determining correlation between the asset on your chart and a group of internally listed assets, the Mxwll Hedge Suite determines which asset from the list exhibits the highest negative correlation, and then determines exactly how many coins/shares/contracts of the asset must be bought to achieve a perfect 1:1 hedge!
The image above exemplifies the process!
The purple box on the chart shows the eligible price action used to determine correlation between the asset on my chart (BTCUSDT.P) and the list of cryptocurrencies that can be used as a hedge!
From this price action, the coin determined to have to greatest negative correlation to BTCUSDT.P is FTMUSD.
The image above further outlines the hedge table located in the bottom-right corner of your chart!
The hedge table shows exactly how many coins you’d need to purchase for the hedge asset at various leverages to achieve a perfect 1:1 hedge!
Hedge Suite works on any asset on any timeframe!
And that’s all! A short and sweet script that is hopefully helpful to traders looking to hedge their positions with a negatively correlated asset!
Thank you, Traders!
Hedge
Plot the close-spread relationship between two price seriesThis indicator plots the close-spread relationship between two price series by calculating the change across two price series as a spread for each. Each spread is the rate of change in yesterday's closing price and the prior day's closing price. By default, weekend prices are defined to be 0.0 but can be included as user-definable input, if required.
User input:
Symbol for price series 1 - defaults to BITFINEX:BTCUSD
Symbol for price series 2 - defaults to NASDAQ:NDX
Market session time (string) - defaults to 00:00 to 23:59
Timezone - defaults to UTC-4
Market Hedge RatioRatio of crypto (total, Bitcoin, or Ethereum market cap) to major stable coins.
A low ratio suggests a lot of people are sitting in cash (sidelined if crypto rallies).
A high ratio suggests possible demand saturation.
Yield CurveThis script tracks the U.S. 2Yr/10Yr Spread and uses inversions of the curve to predict recessions. Whenever a red arrow appear on the yield curve, expect a recession to begin within the next 2 years. Use this signal to either exit the market, or hedge current positions. Whenever a green arrow appears on the yield curve, expect a recession to have nearly ended. Use this signal to enter the market, or cut current hedges against a recession. (I may update this script in the future to better incorporate the effective federal funds rate into exit points, but for now I am satisfied with the results).
Cross Pair [NeoButane]Creates candlesticks of a cross pair of any symbol you want. Ideally both pairs would be denominated in the same currency.
The candlesticks are plotted, a close value is available to use for applying indicators on, and a label shows what is being used.
Options to configure are choosing the symbols, displaying the ticker without the exchange name, and removing wicks. If the exchange prefix is 'BATS', 'FRED', or 'TVC', it is automatically removed.
Example: Polynomial Regression for Spread AnalysisExample of applying polynomial regression channel to spreads or hedges between 2 assets.
Hashrate Mining of BiznesFilosofIn addition to technical analysis, you also need to pay attention to fundamental analysis. Bitcoin has one of these indicators, it is the network hashrate. And it’s important to know when mining becomes disadvantageous. Those. when network participants turn off the equipment. And there are critical points that depend on the price and number of miners in the network.
When the blue bars of the indicator grow, then you can stand in long. When stools are reduced, then it is time to close positions or hedge risks in the derivatives market.
The vertical line indicates halving.
A red flag indicates a dangerous moment, and a green flag indicates the time of purchase.
The oscillator is based on fundamental indicators and the intersection of moving averages.
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Кроме теханализа нужно ещё обращать внимание на фундаментальный анализ. У биткоина один из таких показателей, это хэшрейт сети. И важно зать, когда майнинг становится невыгоден. Т.е. когда участники сети отключают оборудование. И есть критические точки, зависящие от цены и количества майнеров в сети.
Когда синие столбики индикатора растут, тогда можно стоять в лонг. Когда столюики уменьшаются, тогда пора закрывать позиции или хеджировать риски на рынке деривативов.
Вертикальной линией обозначен халвинг.
Красный флаг показывает опасный момент, а зелёный флаг указывает на время покупок.
Осцилятор основан на фундаментальных показателях и пересечении скользящих средних.
Commercial Short IndexThis script takes the hedger (commercial short) from the COT report and normalize the chart for configurable time frames (e.g. 26 weeks, 152 weeks and 260 weeks).
Based on the "Commercial Index-Buschi" script by MagicEins.
U.S. Stocks & Options CVI to Bitcoin Correlation [NeoButane]Conceptual indicator based on trying to find an inverse correlation between bitcoin and traditional markets due to bitcoin's usefulness as a hedge against economic downturns.
How to use this script: you look at it and see if there is a correlation or not between bitcoin/Ethereum price and either U.S. stock CVi, buy volume, sell volume, calls, puts, or the call/put ratio.
