This is the script for BTC/USD margin longs and shorts
- Yellow Crosses mean both shorts and longs are increasing market is getting volatile
- Gray Crosses means margin traders undecided on that candle
- Green Crosses mean longs are increasing and shorts are being pulled out
- Red Crosses mean Longs are being pulled out and shorts being put in
I feel like this is especially useful on longer timeframes to judge market sentiment. However, I would definitely not use this as an indicator to go long or short.
I like that it gives me additional information on the sentiment of traders.
- Yellow Crosses mean both shorts and longs are increasing market is getting volatile
- Gray Crosses means margin traders undecided on that candle
- Green Crosses mean longs are increasing and shorts are being pulled out
- Red Crosses mean Longs are being pulled out and shorts being put in
I feel like this is especially useful on longer timeframes to judge market sentiment. However, I would definitely not use this as an indicator to go long or short.
I like that it gives me additional information on the sentiment of traders.
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