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 and when ;p
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 and when ;p
Release Notes:
#Fixed a minor bug that didn't permit to scale the Ratio when swaping charts.
Working on adding some volume weighted index in here, stay aware!
Working on adding some volume weighted index in here, stay aware!
Release Notes:
#Added Treand Breakout level
Release Notes:
Hey!
I updated the script
Now it might be more accurate, since the equation was fixed to actual variables.
UPDATE:
#Black like = Open value/2 * Ratio.
This will give directionality to the Ratio, at the same time that weights the interest of the investors on BTC.
You should look for similar L/S Ratio setups to find similar PA on Bitcoin markets.
Hope you find it useful as I do.
Cheers!
I updated the script
Now it might be more accurate, since the equation was fixed to actual variables.
UPDATE:
#Black like = Open value/2 * Ratio.
This will give directionality to the Ratio, at the same time that weights the interest of the investors on BTC.
You should look for similar L/S Ratio setups to find similar PA on Bitcoin markets.
Hope you find it useful as I do.
Cheers!