Moon_Rocket_Capital

Bitfinex Long:Short Ratio

This is a simple indicator that creates a ratio of margin Long & Short positions on Bitfinex for the ticker you currently have selected. If the ticker you are looking at does not have margin positions on Bitfinex; it will error out - however when you select another ticker it automatically resets.

The indicator provides the following:
  • Histogram of the ratio of margin Longs to margin Shorts. + results (green) are higher longs; - results (red) are higher shorts. NOTE: A 1:1 ratio has been offset to a 0 cross for the benefit of the histogram
  • A simple moving average line (yellow) for quick reference of current margin trend. Length is adjustable viable input.
  • A plotted line (blue) of margin longs as a ratio to the SMA of Longs. Above 1 indicates acceleration of trend; below 1 indicates deceleration
  • A plotted line (orange) of margin shorts as a ratio to the SMA of Shorts. Above 1 indicates acceleration of trend; below 1 indicates deceleration

Ratio is based on the close position and is intended as reference only. Don't rely on this supplied information as a sole indication prior to making a trade.

Protected script
This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.
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.

Want to use this script on a chart?