XRPBTCSHORTS XRPBTCLONGS - Bitfinex XRP Shorts & Longs// Created by titanlyy
// This script was inspired by @autemox who created the BTC version of this.
// Hope this helps. Peace out.
// 7th September 2018
Short-long
BTC longs n' shortsA indicator that neatly shows you BitFinex margin longs and shorts that can be put on any chart!
Trunico3 -- @TrueCrypto28New version of Trunico.
Looking really nice for calling Shorts and longs.
We will releasing this scripts soon through @TrueCrypto28 Twitter.
Regards.
Bitfinex BTC longs vs Short & RatioSince the last BTC Short Squeeze on Bitmex maintenance I decided to made a Indicator plotting Long:Short ratio, and their respective graphs.
Green = Longs
Red = Shorts
Black = Ratio (Longs:Shorts)*Close <= Close price just for chart normalization!
I hope you find it useful.
NOTE: It isn't a prospective indicator, but try to find out who's bitching the market and when ;p
EdgeAnalysisGroup Volume Cloud V1.1EdgeAnalysisGroup Volume Cloud V1.1
Brief Intro
I will keep this sweet and simple so I can write about it elsewhere in greater deal later down the line.
I had the idea for this script when I saw the EMA ribbons indicator, and noticed something that was happening on the line crosses. I then tried to find a way to optimise the strategy for the fast moving volatile crypto-currency market~ this is where I came up with this indicator which was based of moving averages and volume, but was tradable like a cloud with an area. Another factor I decided to take from the ichimoku cloud was the offset it provides- this allows a clean image for the user to trade with and pre-plan.
This guaranteed a clear cut trading strategy which I could easily backtest and tweak for optimisation.
I can say this indicator seems to work well for the 1day chart.
There is lots I have to learn about the line crosses, and the direction of the cloud etc., so we can create new trading strategies.
This script will work better on some charts than others, but hopefully it is still a hit for most and all time frames.. I have alot of backtesting to do with this indicator on all markets- and potentially some heavy quality of life updates and technical tweaks too.
Trading strategy
Taking a position
There are 3 lines on the topside and the bottom side of the cloud.
Open : Price crossing and closing the middle line of the 3.
Stop-loss: Outer line of the 3 it has already crossed.
Target: Inside line of the opposite 3 it hasn't crossed. Any STRONG supports/resistances need to also be taken into account and price assessed as usual as the move is completing- manual closes are a big part of management.
VolumeCloud Twists
If there is a twist- (the 6 lines crossing across each other) this can either be bullish or bearish depending on the direction of the cloud, this is an early sign of a trend forming.
When it is above the cloud we can expect retests of the upper/lower lines on pullbacks. I am developing a trading strategy currently for breaks above the cloud with twists so stay tuned for that.
ETH/BTC Backtest
A small backtest on ETH/BTC gave an 80%+ win rate, this is a small sample size of about 25 positions or so, but with such a strong win rate I can only imagine it could be a strong tool to a clever trader.
Did you enjoy this brief little guide, why not join me and the other members of the EdgeAnalysisGroup ?
Message me on tradingview and I'll shoot you a link to our discord. Here you can get access to more indicators, a fantastic community and even high quality signals made by me and a few other top traders.
Xander
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, indicators, or stock/cryptocurrency picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. These are not facts but my personal views and opinions.
I will not and cannot be held liable for any actions you take as a result of anything you read or use here,
Short vs. LongSimple Short vs. Long domination indicator. White line indicates absolute value of diffrence between Shorts and Longs.
Bitfinex Longs vs Shortssexy view of the current long/short positions on Bitfinex. I saw some pay-for, hidden-source-code version of this and thought: "oh man."
RSI BitfinexRSI applied to BTC longs/shorts ratio on Bitfinex. You can use the oscillator as you'd use RSI:
- Divergences
- Oversold/overbought signals
- R/S on the indicator
- Trend indication
- etc
Bitfinex dominionThis indicator will show you which gang is dominating the market : the bearish gang (short masters),
or the bullish gang (long masters).
The bearish gang is drawn in red and the Bullish one is in green color.
If red is above green, that means we have a bearish tendency on the market.
if green goes above red, that means the market is going the bullish way.
It's nice to use it on 1H or 30 minutes intervals.
Here's what I do : When the dominion is changing hands (=a shift in color), then that mean the market
is moving in another direction. I then use my other indicators to make a decision so to create a trade
at the very moment of the dominance change or not...
NB1: make sure you know what you do before using this "what I do" strategy. It can be not suited to
everyone. Trading is a risky business. So don't take words as granted from people like me or others.
The best thing to do is : testing,testing then re-testing while having a good money management.
I've burnt myself many times before.
NB2: Margin trading can be really risky if you use this "what I do" strategy. Because price can go far in
counter direction before getting back to our target price. So you can risk a margin call. So it's better
using this "what I do" strategy on market trading only.
Bears VS BullsThis indicator will work on ANY instrument.
The red line is a moving average of ONLY sellers in the market.
The blue line is a moving average of ONLY buyers in the market.
The period or "length" of the individual moving averages can be adjusted in the indicator settings.
The default, it is set to 50.
Buying and selling trends often provide indications of market moves such as the most recent bottom in Cryptocurrencies.
Feel free to comment and share any indicator concepts or ideas for content you would like to see added to the Technical Indicator Bundle on www.kenzing.com
CMYK RMI ARROWS◊ Introduction
I started using this script because of its fast reaction, and good tell for buy/sell moments.
For larger timescales, the overall trend should be taken into account regarding the levels.
In the future i will update this indicator, to automatically adjust those.
This is the Overlay expansion of the Indicator Linked below.
◊ Origin
The Relative Momentum Index was developed by Roger Altman and was introduced in his article in the February, 1993 issue of Technical Analysis of Stocks & Commodities magazine.
While RSI counts up and down days from close to close, the Relative Momentum Index counts up and down days from the close relative to a close x number of days ago.
This results in an RSI that is smoother.
◊ Adjustments
CMYK color theme applied.
Four levels to indicate intensity.
Two Timescales, to overview the broader trend, and fast movements.
◊ Usage
RMI indicates overbought and oversold zones, and can be used for divergence and trend analysis.
◊ Future Prospects
Self adjusting levels, relative to an SMA trend.
Alternative RMI, which functions as an overlay.
◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊
░▒▓█ CMYK ◊ RMI █▓▒░
BFXLS - Bitfinex Longs vs. Shorts [compatible on any chart]
This is an edit to an existing script. Original credits to pigloo and Ivturner for the slight tweak.
What's been changed:
This version allows Bitfinex $BTC longs/shorts to be viewed on any chart. It can be helpful when trading alts to find out why price is fluctuating.
I've added a price tracker that will show you BFX's BTCUSD value if you have indicator values on. It doesn't deviate much from the base, so there's not much point in having it visible. You can edit visibility or turn it off.
Enables editing of any ticker of your choice, but references to short and long are made in input to prevent confusion. I haven't had much use for this yet; you can use it as a price graph if you disable everything except for Ticker 3.
From pigloo's script:
Green area = Longs
Red area = Shorts
Lighter area = Longs - Shorts
The data only started recently which is why there is not much history, also I have marked a period of missing data between the vertical lines.
Poorly made example of price tracking;
[naoligo] 12x MA DT (5, 15, 30 & 60)This indicator is based on "Generic 8x MA Plotter", by @LazyBear.
It is also based on my own indicator "10x MA (H, D, W, M)", which is good for Swing Trading and/or Position.
This one is focused in daytrade and it will plot three Moving Averages based on current time interval (under 5 minutes) and nine based on chosen periods by 5, 15, 30 and 60 minutes. You will be able to see where is, for example, a 50 period's SMA of 15 minutes when using a 2 minutes time interval chart. I find it very useful to analyze, in a snap, possible price ranges and enter/exit points. All reference values are from setups known and used by daytraders.
you can choose between EMA or SMA (default: SMA) for each time interval, that are distributed in:
3x MA current time interval;
3x MA 5 minutes;
2x MA 15 minutes;
2x MA 30 minutes;
2x MA 60 minutes.
I've tried to keep the code as simple as possible, so you can increase the number of MA or modify the type for each time interval.
Cons: Use it wisely, because if you choose to plot all the 12 Moving Averages, it will may consume a lot of your navigator resources.
Enjoy!
BFXLS - Compare styleDisplays BitFinex longs and shorts on your chart in the same was as if you add them by using TradingView's "compare" function - major advantage is that this works for all pairs that BitFinex supports without having to manually set up your chart each time.