BTCUSD LONG/SHORT RATIO BITFINEX — Indicator by echefede

Volatility

This is a basic ratio between total longs and shorts.
If < 0, there are more shorts than longs. And viceversa.
Good indicator to understand the current price action of $BTCUSD

Release Notes:

Cleaning code and view

Release Notes:

I am updating the script. I think it's better to see that shorts and longs plotted. The ratio is now a histogram. Hope you like it.

Release Notes:

Better area than histogram tho

Release Notes:

aqua / orange area

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.

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?