Uses CME's BTC COT for open shorts - longs as a buy/sell signal
Release Notes: Increased default sell threshold for better results, moved start time to 22-Feb-2019 and allowing to set this from script's settings.
Release Notes: • Sell threshold now checks shorts level instead of delta
• Changed longs/shorts colors to be more visible
• Reverted to original longs/shorts scale
Release Notes: Increased sell threshold a bit.
Release Notes: • Added marks on indicator
• Removed strategy from chart
Release Notes: • Updated preview image
Release Notes: • Updated strategy report
Release Notes: • Updated threshold input to float, changed default buy value from 5 to 5.1
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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It produces better results with Sell Level 40
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BTC COT Delta B - draws arrows on chart