Stablecoin Bias [Moto]

24 мая 2022 г.

Hello traders,

This script provides a background color for the major stablecoins with directional bias above and below 1.

Generally, it's considered market beneficial if USDT is over one [$1], and generally a market deficit if USDT is under 1. These are of course theoretical and shouldn't be taken solely into account.

Indicator includes biases for:
- USDT
- USDC
- DAI
- BUSD
- Average of two major stables [Excludes BUSD and has option to include DAI]

Warning: Tradingview's background color function seems graphically intensive. I don't recommend more than one or two biases active simultaneously, as it will slow down your chart and create mouse lag.

Cheers

17 нояб. 2022 г.

Информация о релизе

Added optional ticker input for main USDT pair and option for average USDT across pairs [mean]. Changed from greater than to equal or greater than.