Funding rate
This indicator is of just the second type - it is a guide indicator that visualizes the change in the predicted funding rate for a pair of BTCUSD on bitmex exchange. There is still a huge trading volume, so it reflects well the balance of sentiment between spot and derivatives traders. It is supposed to use on BTCUSD pair, but I noticed, that it works on every crypto pair, even on Alt1/Alt2 pairs.
So, how to use this indicator? I am using it as a trigger. A trend change at extreme values in this indicator is a good entry point. Which way? It's up to you, but personally, I only trade with the trend :)
I provide access to this indicator only by subscription. PM me for more information.
Invite-only script
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Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.
Disclaimer
Invite-only script
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact Tr0sT directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.