Follow the Crypto Shorts — Strategy by xtradernet

movingaverage sentiment shortsqueeze cryptocurrency bitcoin

This script allows to test the impact of variations in the number of BTCUSD Shorts Positions on its price. In particular, it compares the number of short positions with its moving average to decide if shorts are being liquidated. In case the number of short positions crosses below its moving average, it will generate a Long Position, which will be closed if shorts crosses above its moving average.

Release Notes:

Fixed small error in the code.

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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