In any market there are two major sets of participants, Retail traders (like you & I) who command relatively small amounts of capital and typically enter and exits positions quickly, and then Institutional Traders (sometimes referred to as whales) who command large amounts of capital and dictate the overall trend of the market but enter and exit positions slowly....
BTC Coinbase (institutional trader) vs. Binance (retail trader) Premium Positive values: Coinbase trading at a premium (institutions more bullish than retail) Negative values: Coinbase trading at a discount (institutions more bearish than retail)
This script tries to estimate how inclined may retail traders be to open a position based on popular indicators RSI, Stochastic, Ichimoku, Bollinger Bands, MACD, and 200 EMA. Conditions are: Plus values • RSI above 70 • %K above 70 or even • Conversion line above baseline and price above the cloud • High above the upper band • MACD above the signal line Each...
This is a modified script originating from user m59 that better visually represents the BitMEX funding trend over time. Green indicates the funding is positive (longs pay shorts every 8 hours to maintain their position) and red indicates the funding is negative (shorts pay longs). The darker the color means the higher the rate. The unproven theory is that the...