INVITE-ONLY SCRIPT
已更新 TTP Delta longs/shorts
Powerful buy and sell signal using both open interest + ratio of longs/shorts.
Executive summary and value
This indicator inspects in OI to calculate the ratio of longs and shorts in most exchanges at once then using basic statistics tools finds extremes of over positive or pessimistic scenarios to counter trade: long when everybody is short, short when everybody is long.
What does it do: the technical
- It calculates the number of longs and shorts based on the open interest fluctuations.
- It shows an oscillator representing the ratio of longs vs shorts
- It shows the ratio normalised between 0 to 100 using RSI
- It plots two percentile nearest rank bands: white and yellow
- The white is a slow one that tracks extremes from a longer period, the yellow one tracks a shorter period making it faster moving
Buy sell signals
- There are two types of signals, fast band crosses and slow band crosses
- The slow band crosses plots green and red signals for buy and sell correspondingly
- The fast band crosses plots blue and orange signals for buy and sell correspondingly
- The fast signals can only trigger if a slow signal trigger recently , use the maxloopback and minloopback to adjust this window
- Signals can be used in any timeframe but the higher the timeframe the better the quality
Filters
- Signals can be filtered using the OI filter
- High OI filter will skip any signals if the OI is not very high (RSI OI > 70)
- Low OI filter will skip any signals if the OI is not very high (RSI OI > 70)
- When OI is very high it will plot green lines on top of the oscillator
- When OI is very low it will plot red lines at the bottom of the oscillator
- Notice this filter might not work very well with higher timeframes. It gives better results in 15m to max 4h tfs
Quality
The quality parameter can compress or expand the bands
The parameter moves the bands as a percentage
It supports both negative and positive values
Use it to adjust the sensitivity of the signals
Alerts and backtesting
The indicator supports both backtesting and alerts for all events
If you have any questions or require an additional feature in this indicator contact TTP team via our Discord server.
Executive summary and value
This indicator inspects in OI to calculate the ratio of longs and shorts in most exchanges at once then using basic statistics tools finds extremes of over positive or pessimistic scenarios to counter trade: long when everybody is short, short when everybody is long.
What does it do: the technical
- It calculates the number of longs and shorts based on the open interest fluctuations.
- It shows an oscillator representing the ratio of longs vs shorts
- It shows the ratio normalised between 0 to 100 using RSI
- It plots two percentile nearest rank bands: white and yellow
- The white is a slow one that tracks extremes from a longer period, the yellow one tracks a shorter period making it faster moving
Buy sell signals
- There are two types of signals, fast band crosses and slow band crosses
- The slow band crosses plots green and red signals for buy and sell correspondingly
- The fast band crosses plots blue and orange signals for buy and sell correspondingly
- The fast signals can only trigger if a slow signal trigger recently , use the maxloopback and minloopback to adjust this window
- Signals can be used in any timeframe but the higher the timeframe the better the quality
Filters
- Signals can be filtered using the OI filter
- High OI filter will skip any signals if the OI is not very high (RSI OI > 70)
- Low OI filter will skip any signals if the OI is not very high (RSI OI > 70)
- When OI is very high it will plot green lines on top of the oscillator
- When OI is very low it will plot red lines at the bottom of the oscillator
- Notice this filter might not work very well with higher timeframes. It gives better results in 15m to max 4h tfs
Quality
The quality parameter can compress or expand the bands
The parameter moves the bands as a percentage
It supports both negative and positive values
Use it to adjust the sensitivity of the signals
Alerts and backtesting
The indicator supports both backtesting and alerts for all events
If you have any questions or require an additional feature in this indicator contact TTP team via our Discord server.
發行說明
added version 0.1發行說明
minor tweaks僅限邀請腳本
僅作者批准的使用者才能訪問此腳本。您需要申請並獲得使用許可，通常需在付款後才能取得。更多詳情，請依照作者以下的指示操作，或直接聯絡TheTradingParrot。
請注意，此私人、僅限受邀使用者使用的腳本未經腳本審核員審核，其是否符合社群規範尚待確定。 TradingView不建議在未完全信任作者並了解其運作方式的情況下購買或使用腳本。您也可以在我們的社群腳本中找到免費的開源替代方案。
作者的說明
This indicator is included in the VIP subscription of The Trading Parrot
https://thetradingparrot.com
Join our membership to gain access to the private scripts.
patreon.com/c/thetradingparrot
patreon.com/c/thetradingparrot
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
僅限邀請腳本
僅作者批准的使用者才能訪問此腳本。您需要申請並獲得使用許可，通常需在付款後才能取得。更多詳情，請依照作者以下的指示操作，或直接聯絡TheTradingParrot。
請注意，此私人、僅限受邀使用者使用的腳本未經腳本審核員審核，其是否符合社群規範尚待確定。 TradingView不建議在未完全信任作者並了解其運作方式的情況下購買或使用腳本。您也可以在我們的社群腳本中找到免費的開源替代方案。
作者的說明
This indicator is included in the VIP subscription of The Trading Parrot
https://thetradingparrot.com
Join our membership to gain access to the private scripts.
patreon.com/c/thetradingparrot
patreon.com/c/thetradingparrot
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。