Taint's Crypto Longs v. Shorts

Taint's Longs v. Shorts

This indicator displays the relationship of longs to shorts across futures markets. The default settings are set to Bitfinex BTCUSD Longs and Shorts. You can change these to the markets of your choosing. It's best to leave the averaging to the default settings. Also, if you turn the price lines on for the first two plots, you can see the current number longs or shorts in relation to historical levels.

Middle Signals:

Longs are greater than Shorts = center area green and above zero
Shorts are greater than Longs = center area is red and below zero
These flips are highlighted with orange bars as well

Outer Signals:

The ribbon at the top of the longs and shorts area is used to judge sentiment.

Green Longs and Green Shorts = strong bullish sentiment
Red Longs and Red Shorts = strong bearish sentiment
Green Longs and Red shorts = bullish sentiment could weakening
Red Longs and Green shorts = bearish sentiment could be weakening
You can change the averaging from the defaults (7, 30) if you wish.

Release Notes

--Fixed Chart

Protected script

This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.

TheFeralTaint

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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.

Protected script

This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.

TheFeralTaint

Also on: