Since the last BTC Short Squeeze on Bitmex maintenance I decided to made a Indicator plotting Long:Short ratio, and their respective graphs.
Green = Longs
Red = Shorts
Black = Ratio (Longs:Shorts)*Close <= Close price just for chart normalization!
I hope you find it useful.
NOTE: It isn't a prospective indicator, but try to find out who's bitching the market...
This is an edit to an existing script. Original credits to pigloo and Ivturner for the slight tweak.
What's been changed:
This version allows Bitfinex $BTC longs/shorts to be viewed on any chart. It can be helpful when trading alts to find out why price is fluctuating.
I've added a price tracker that will show you BFX's BTCUSD value if you have...
If green is over the red it means that longs are currently dominant on BitFinex for BTC.
Same goes if red is over green just that shorts are dominant.
If the green is over red the green will show how many more longs there are than shorts and if you hover over the red you will see how many more shorts there are compared to longs
Vice versa if red is over...
Here we have a general purpose momentum based long and short flip flop with optional profit target and maximum loss.
Program development: Boffin Hollow Lab
Author: Tarzan at tradingview.com
Release: Version 1.0 May 2016
Please Note: Past Performance is not necessarily indicative of future results
This is the popular Bitfinex margin Longs/Shorts overlay script made compatible with other exchanges. So you can for example use it with BitMEXT XBTUSD and it will still plot Bitfinex BTCUSD.
It always plots data for the same currency pair, so for ETHUSD of any exchange, it will always plot Bitfinex ETHUSD margin data.
Displays BitFinex longs and shorts on your chart in the same was as if you add them by using TradingView's "compare" function - major advantage is that this works for all pairs that BitFinex supports without having to manually set up your chart each time.
Base on RSI, I write this script for Bitmext XBTUSD pair, in 15M timeframe.
I tested and it gave me many correctly signals so I hope you will love it
- this script can use in other timeframe but I wrote it for 15m so, it's best in 15m
-you should combine with more indicators for best entry/exit, but, you can easily follow this in 3-5 candles and...