Compare the BTC price at your preferred exchange against 7 other exchanges. Avoid trades at poor market value, target trades at good market value.
Average price across 8 exchanges is the 0 line, with your selected exchange displayed green if it's below the average price, red if it's above the average price. Values are displayed as distance from the average,...
This indicator takes the price of Bitcoin on Coinbase and the futures price on Mex, and compares it the average price of Bitcoin across other major exchanges.
This essentials give us a spread at which Bitcoin is going for.
In turn, this could be a possible tool to help determine market sentiment.
This indicator was created for experimental purposes.