Pair Chart

Indicators

• OI is cumulative delta from OI's changes of base and quote.

• zdFut is z-score of relative volume's changes, from future markets of base and quote ticker.

• zdSpot is z-score of relative volume's changes, from spot markets of base and quote ticker.

• futCvd is cvd of fut when zdFut is positive. Which means base market's price changes from its own trading activities. Not from correlating with the quote market.

• spotCvd is cvd of fut when spotFut is positive. Which means base market's price changes from its own trading activities. Not from correlating with the quote market.

• On chart, Green color shows up when zdFut is larger than 0,5. Pink color shows up when zdFut is less than -0,5.

Because as you already know the crypto markets are heavily correlated. BTC's price movement can affect any market's price movement. So, together, they can help you de-noise price changes, and unearth informed flows.