OPEN-SOURCE SCRIPT
Actualizado kimchi(korea) premium percent - bithumb btc / binance btc

This script was created to confirm the fear of kimchi premium in the cryptocurrency market.
The basic operation formula is as follows.
premium(percent) = (BTC KRW - (BTC USDT x USD KRW) / (BTC USDT x USD KRW)) x 100
By calculating the premium, you can check melt up rally.
Looking at the chart, when kimchi's premium reaches 6-8 percent, BTC faces great volatility (mainly downside).
So, a color warning was made for values outside of -2~2%, which is the general kimchi premium (can be changed in settings).
Also, a zero line has been added for readability.
Also, a color change has been added to the ema to see if the value of each market moves in the opposite direction based on the previous candle's closing price. If the two markets move separately, the ema is colored red.
I think this script is a very simple indicator.
It is usually recommended to get value in a large time frame.
Thank you.
The basic operation formula is as follows.
premium(percent) = (BTC KRW - (BTC USDT x USD KRW) / (BTC USDT x USD KRW)) x 100
By calculating the premium, you can check melt up rally.
Looking at the chart, when kimchi's premium reaches 6-8 percent, BTC faces great volatility (mainly downside).
So, a color warning was made for values outside of -2~2%, which is the general kimchi premium (can be changed in settings).
Also, a zero line has been added for readability.
Also, a color change has been added to the ema to see if the value of each market moves in the opposite direction based on the previous candle's closing price. If the two markets move separately, the ema is colored red.
I think this script is a very simple indicator.
It is usually recommended to get value in a large time frame.
Thank you.
Notas de prensa
Upbit chart is updated in Trading View to change the symbol.Notas de prensa
- Change table location.- Added variables for the interval to find the maximum and minimum
Notas de prensa
I used binanceus usdt in the calculation, but it looks like there is a problem. If you need it later, you can manage it separately in the input.Notas de prensa
color input addedScript de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que la republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que la republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.