This strat applies the data from BITFINEX:USDSHORTS to the RSI indicator in order to provide SHORT/LONG entries as the number of contracts goes up and down. Although Bitfinex has lost relevance over the years its generally considered an exchange dominated by smart money rather than retail. I'd like to see if any insights can be gained by following...
A tool to display the spot price premium of Bitfinex coins vs the other big 3 exchanges.
Premium is calculated against:
The average is calculated through volume weighting. The absolute difference between the Bitfinex spot price and the calculated average is then displayed on the histogram.
Interacting with the...
Since the drop in March of 2020, the U.S. ETF , SPY, has been correlated with bitcoin's moves, especially during the NY session.
This tool is meant to help traders who want to take advantage of that without having to switch the secondary series between BTCUSD and (generally) SPY when changing the ticker they are viewing.
How this works:
The indicator will...
This indicator is used to divide two assets between them. Why you would ask ?
For instance, in crypto trading, traders often look at the ratio Longs/Shorts or Shorts/Longs to figure out which side is leading the market and use this information as a powerful hedge for their next trade
BSI provides two attractive graphs that breakdown the long (green area) and short (red area) positions ratio for the all Bitfinex margin cryptocurrency pairs only .
It is a quantitative measure of the bullishness or bearishness that can be used as a trading rule or in a trading system entries or exits. Included slow stochastic oscillator.
A script indicating BFX sentiment through the current long and short positions.
-The histogram shows the dominant position.
-The line on the bottom shows the expected market direction from a contrarian standpoint.
PS. cudo's to @alexgrover for the quad-reg function!!