Bitfinex Long:Short Ratio
This is a simple indicator that creates a ratio of margin Long & Short positions on Bitfinex for the ticker you currently have selected. If the ticker you are looking at does not have margin positions on Bitfinex; it will error out - however when you select another ticker it automatically resets.
The indicator provides the following:
Ratio is based on the close position and is intended as reference only. Don't rely on this supplied information as a sole indication prior to making a trade.
The indicator provides the following:
- Histogram of the ratio of margin Longs to margin Shorts. + results (green) are higher longs; - results (red) are higher shorts. NOTE: A 1:1 ratio has been offset to a 0 cross for the benefit of the histogram
- A simple moving average line (yellow) for quick reference of current margin trend. Length is adjustable viable input.
- A plotted line (blue) of margin longs as a ratio to the SMA of Longs. Above 1 indicates acceleration of trend; below 1 indicates deceleration
- A plotted line (orange) of margin shorts as a ratio to the SMA of Shorts. Above 1 indicates acceleration of trend; below 1 indicates deceleration
Ratio is based on the close position and is intended as reference only. Don't rely on this supplied information as a sole indication prior to making a trade.