Shows the long / short ratio of trader's positioning in bitfinex exchange.
The higher the ratio, it means there are more longs. The lower the ratio, the more shorts are currently being opened,.
This indicator is used to divide two assets between them. Why you would ask ?
For instance, in crypto trading, traders often look at the ratio Longs/Shorts or Shorts/Longs to figure out which side is leading the market and use this information as a powerful hedge for their next trade
BSI provides two attractive graphs that breakdown the long (green area) and short (red area) positions ratio for the all Bitfinex margin cryptocurrency pairs only.
It is a quantitative measure of the bullishness or bearishness that can be used as a trading rule or in a trading system entries or exits. Included slow stochastic oscillator.
Small improvement upon the above script - all credit should really go to pigloo
Auto-detects ticker and automatically loads the long/shorts for it - so works on more than just BTC
Note - only works on BitFinex and only works for tickers which have long and short data...
-predicts volume on current bar based on how long is left in the bar
-shows how much volume is spent on margin positions
-shows how much buy & sell volume on margin positions
-shows volume in fiat value
-normalized view shows percent of volume spent on margin
-enter the security name for shorts & longs data, by default it is set to BITFINEX:BTCUSDLONGS and...
Green area = Longs
Red area = Shorts
Lighter area = Longs - Shorts
The data only started recently which is why there is not much history, also I have marked a period of missing data between the vertical lines.
A script indicating BFX sentiment through the current long and short positions.
-The histogram shows the dominant position.
-The line on the bottom shows the expected market direction from a contrarian standpoint.
PS. cudo's to @alexgrover for the quad-reg function!!
This is a rewrite of the original:
I really like the above script (Thank you Pastafarian!) but it was annoying that
it always took so long to load, so I made some edits so it would run faster.
Basically I replaced all the custom code (the sum loop and the calculations)
Tether Market Cap Indicator
Keep track of tether movements cross exchange & total market cap in real-time.
Never miss a movement in the Tether market.
How it works
Starts by selecting the security "CRYPTOCAP:USDT" with, period, close,
The script will then call on each exchange liseted to get the usdt_supply from each exchange
It will then print the data to the...
Compare the BTC price at your preferred exchange against 7 other exchanges. Avoid trades at poor market value, target trades at good market value.
Average price across 8 exchanges is the 0 line, with your selected exchange displayed green if it's below the average price, red if it's above the average price. Values are displayed as distance from the average,...