Kimchi Premium Dashboard (Final)📜 Kimchi Premium Dashboard (Live & Daily Log)
🚀 Summary
This indicator is an all-in-one dashboard that tracks the real-time price difference of USDT (Tether) between a Korean exchange (Upbit) and a global exchange (Coinbase). This difference is commonly known as the "Kimchi Premium" (Kimp) or "Reverse Premium."
Going beyond a simple premium display, this tool is designed to assist with arbitrage and swing trading strategies by providing intuitive visualizations, a smart multi-tier alert system, and a daily data logging feature.
✨ Key Features
Real-time Premium Calculation: Accurately calculates the premium in percentage (%) based on the USDT prices from Upbit and Coinbase, and the live USD/KRW exchange rate.
Intuitive Zone Visualization: Instantly identify whether the premium is in a Buy, Sell, or Neutral zone through dynamic background coloring.
Smart Alert System: Delivers systematic alerts for key events like the initial -2.0% entry, a critical -2.5% breach, and subsequent new lows, all without unnecessary spam. (Can be toggled ON/OFF in settings).
Hybrid Dashboard: Features both a real-time status label and a daily log that records the day's significant low points.
📊 Visual Components Explained
Lines
🔵 Blue Line (Premium Line): This is the core real-time premium value (%). The position of this line is most important.
🟠 Orange Line (SMA Line): This is the moving average of the premium. It helps identify the overall trend beyond short-term volatility.
Zones
🟩 Green Zone (Buy Zone): This area, typically below -2.0%, indicates a "Reverse Premium" where the Korean price is significantly lower than the global price. It represents a potential buying opportunity for arbitrage.
🟥 Red Zone (Kimp Zone): This area, typically above 0%, indicates a "Kimchi Premium" where the Korean price is higher. This represents a potential selling or profit-taking opportunity.
Dashboard
Live Status Label: Located on the right, this label displays the precise premium value, the current zone status (Buy/Sell/Neutral), and the SMA value in real-time.
Today's Lows Log: Located on the left, this table records the time and level of significant lows (below -2.5%) broken during the day. It resets automatically at midnight (UTC).
🔔 Alerts & How to Use
This indicator provides a systematic 3-tier alert system designed for arbitrage strategies. (Must be enabled via "Enable Real-time Alerts?" in settings).
✅ Good Opportunity (-2.0%): A one-time alert triggers upon the first entry into the initial buying zone.
🚨 BIG Opportunity (-2.5%): A distinct, high-priority alert triggers when this more critical level is breached.
📞 Granular Tracking (Below -2.5%): Receive alerts for each new low in -0.1% increments for precise tracking during the best opportunities.
A recommended hybrid strategy is to keep alerts off for daily review using the "Today's Lows Log," and turn them on only during critical periods for real-time action.
Disclaimer: The information provided by this indicator is for reference purposes only and does not constitute financial advice. All investment decisions and risks are the sole responsibility of the user.
Indicator
