Gold Futures to Spot Converter Levels

🟡 Futures to Spot Converter Levels – Map Futures Liquidity to Spot Charts

Futures to Spot Converter Levels is a utility tool for traders who watch gold futures orderflow but execute their trades on spot gold (XAUUSD).

The idea is simple: you see important prices on the futures ladder / DOM / footprint (icebergs, large resting liquidity, volume nodes, option strikes, etc.). This script converts those futures prices into their equivalent spot prices and draws them as horizontal levels on your spot chart.

It lets you trade XAUUSD while still respecting the liquidity and key levels that exist on the futures market.

🔍 Core Concept – Dynamic Futures → Spot Conversion

The script keeps a live ratio between your selected futures contract and the spot symbol:

Ratio = Spot price ÷ Futures price

On each update it:

Reads the current price of:

your chosen gold futures symbol (e.g. COMEX:GC1!),

the spot symbol (usually FX:XAUUSD).

Calculates the conversion ratio from futures to spot.

For every Futures Price you type in (4300, 4310, 4335, 4245, etc.), it multiplies that value by the ratio and finds the corresponding spot level.

Draws a horizontal line on the spot chart at that converted price, with your chosen color and style.

(Optional) Adds a label like:
GC 4300 → Spot 4148.20

As the relationship between futures and spot moves, the ratio – and therefore the projected levels – adjusts automatically.

🧠 Why this is useful for orderflow traders

Many orderflow tools (Bookmap, DOM ladders, footprint charts) are built around futures, while a lot of brokers and CFD platforms quote spot gold.

With this script you can:

Identify liquidity or absorption levels on the futures (e.g. big resting orders at GC 4300 / 4310 / 4335).

Enter those prices into the Futures Price fields.

See the equivalent XAUUSD levels drawn directly on your spot chart.

Use those projected levels as:

support / resistance zones,

targets or stop areas,

areas to look for reversals or continuation on XAUUSD.

The script itself does not read orderflow; it simply converts the prices you care about from the futures market into the spot market.

⚙️ Inputs

Gold Futures Symbol
Choose the futures contract you are tracking (default COMEX:GC1!).

Spot Symbol
The spot instrument where you want levels drawn (default FX:XAUUSD).

Show Labels
Toggle on/off labels that display both futures and converted spot prices.

Label Position
Far Left / Center / Far Right – where labels appear horizontally on the chart.

Label Size
Tiny, Small, Normal, Large, Huge.

Line Width & Line Style
Visual settings for all levels (solid / dashed / dotted).

Futures Price 1–10 + Colors
Up to 10 futures prices you want to project into spot.
Each one has its own color so you can group levels (for example: red for sell liquidity, green for buy liquidity, different colors for different sessions, etc.).
If a value is 0, that level is ignored.

📈 How to Use It in Practice

On your futures orderflow tool

Mark important prices: large liquidity, iceberg orders, VWAP bands, previous session high/low, option strikes, etc.

Example: GC has big liquidity at 4300, 4310, 4335, 4245, 4230.

In the indicator settings

Set Gold Futures Symbol = COMEX:GC1!

Set Spot Symbol = FX:XAUUSD

Enter those futures levels into Futures Price 1–5.

Pick colors to separate buy/sell zones or strength.

On the XAUUSD chart

The script draws horizontal lines at the spot-equivalent prices of your futures levels.

You can now trade spot while visually anchored to futures liquidity.

Combine with your strategy

Use these converted levels together with your own structure, orderflow, or indicator rules.

The script is not a buy/sell signal; it’s a mapping tool that keeps your spot trading aligned with the futures market.