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.
版本注释
added version 0.1版本注释
minor tweaks仅限邀请脚本
只有作者授权的用户才能访问此脚本。您需要申请并获得使用许可。通常情况下，付款后即可获得许可。更多详情，请按照下方作者的说明操作，或直接联系TheTradingParrot。
请注意，此私密、仅限邀请脚本未经脚本版主审核，是否符合网站规则尚未确定。 TradingView不建议您付费购买或使用任何脚本，除非您完全信任其作者并了解其工作原理。您也可以在我们的社区脚本找到免费的开源替代方案。
作者的说明
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
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
仅限邀请脚本
只有作者授权的用户才能访问此脚本。您需要申请并获得使用许可。通常情况下，付款后即可获得许可。更多详情，请按照下方作者的说明操作，或直接联系TheTradingParrot。
请注意，此私密、仅限邀请脚本未经脚本版主审核，是否符合网站规则尚未确定。 TradingView不建议您付费购买或使用任何脚本，除非您完全信任其作者并了解其工作原理。您也可以在我们的社区脚本找到免费的开源替代方案。
作者的说明
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
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。