This indicator compares price for spot (green) vs. future (red).
Spot price often lead future price to follow it. However, often times, if spot is too diverged, it will go back to future's price. In a way, we can say that the future market is the trend of big players.
This indicator based on close price of daily so it was meant to use it only on daily time frame. DO NOT use it on any other time frame.
This indicator is good for educational purposes.
Hit like to support and comment and DM for questions. Enjoy.
SD85