OPEN-SOURCE SCRIPT

LONG-SHORT RATIO

8 644
Great for BTC and crypto environment.
Absolute values of long and short positions can be misleading as since time passes new market participants join the crypto space. Also, Long tend to be long time holders, while shorters tend to be short time shorter. It is the ratio of the two levels (no matter what they are) that is a better indicator than the two of them taken separately.

That is why a relative indicator is the best in this specific case.

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