OPEN-SOURCE SCRIPT
Binance Z Volume
BTC perpetual volume on Binance is about 4x spot volume.
Comparing spot and perpetual volumes could provide useful insights into market sentiment.
Abnormal increases in the spot market could be associated with accumulation. Abnormal increases in the perpetual market, on the other hand, could predict volatility as well lows and highs.
This script represents a Z-score of the volume of perpetual and 4xspot on Binance.
High values above 0 mean that the volume is skewed towards perpetual contracts. Values below 0 mean that the volume is skewed towards spot contracts.
Feel free to suggest changes and improvements of this script.
Translated with DeepL.com/Translator (free version)
BIO
Comparing spot and perpetual volumes could provide useful insights into market sentiment.
Abnormal increases in the spot market could be associated with accumulation. Abnormal increases in the perpetual market, on the other hand, could predict volatility as well lows and highs.
This script represents a Z-score of the volume of perpetual and 4xspot on Binance.
High values above 0 mean that the volume is skewed towards perpetual contracts. Values below 0 mean that the volume is skewed towards spot contracts.
Feel free to suggest changes and improvements of this script.
Translated with DeepL.com/Translator (free version)
BIO
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開源腳本
本著TradingView的真正精神，此腳本的創建者將其開源，以便交易者可以查看和驗證其功能。向作者致敬！雖然您可以免費使用它，但請記住，重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。