BTCUSD long vs short ratio+rsi — Indicator by Etherik

oscillator relativestrengthindex stochastic bitcoin

Just a script I want to share with friends on a discord

orange/green line : longs vs short ratio (100 = only longs, 0 = only shorts)
purple line : RSI of (longs-shorts)

Release Notes:

Small script I share with friends on a discord channel.

Basically aggregated oscillators based on bitfinex:btcusd margin positions.

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.

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