A script indicating BFX sentiment through the current long and short positions.
-The histogram shows the dominant position.
-The line on the bottom shows the expected market direction from a contrarian standpoint.
PS. cudo's to @alexgrover for the quad-reg function!!
JD.
#NotTradingAdvice #DYOR
The Sentiment Index is a powerful indicator which supports even the beginner trader in being profitable by revealing the actual Sentiment of the market in real-time .
With the Sentiment Index you will not only know whether the market is bullish or bearish at any given moment but also when a weakening of the Sentiment occurs and a subsequent shift takes...
The Advanced Signal Bars is a simple trading method which can help even the beginner to spot profitable trades as early as they occur or even before.
With the Advanced Signal Bars you get simple trading signals right on the chart in addition to support/resistance levels which tells you when you should exit the market.
With the Advanced Signal Bars you...
How to use :
- When we are in green, the average sentiment is still bullish.
- When we are in red, the average sentiment is still bearish.
- Use internal divergence to show where the trend will reverse. (cyan color line and yellow lines)
- ******** Use divergence between impulse to forecast the bigger move. (Blue line) ******** THIS IS THE KEY but no one read...
Ratio of bitfinex longs versus the total btc in positions. Maybe a good indicator of market sentiment. It allows you to see too where were people taking profit or closing positions. Remember that ratio going up doesn't necesarily mean more longs positions are being added. It could mean shorts are closing position massively. The conversely is also true.
The rate...
General Market sentiment decoded from two Lazybear OBV's and a CCI.
Lots of strategies with this.
Main point is this indicator tries to be extra sensitive to relative volume changes but keep grounded in sentiment with the cci.
Let me know if you use this!
-Beaverman
This indicator diplays the total value of long positions and short positions for an asset on Bitfinex. For example, for the Bitfinex BTCUSD symbol, a value of 30000 longs means the total value of all margin long contracts on Bitfinex is 30000 BTC.
"resolve_error" is normal and expected, depending on how you're using the indicator. I use it on the BitMEX XBTUSD...
TradingView Pine script to compare open Bitfinex BTC long versus short positions.
This indicator compares open Bitfinex BTC long versus short positions in multiple markets (USD, EUR, GBP, and JPY).
Features
Switch between total position and percent comparison.
Convert position values from BTC to EUR, GBP, JPY, or USD.
Configurable gradient shading...
Market Sentiment Indicator
Class : hybrid – trend oscillator
Trading type : any
Time frame : any
Purpose : trend detection, reverse points detection
Level of aggressiveness : any
Indicator «Market Sentiment Indicator» (MSI) is used to detect dominating market sentiments and to search for the points of market sentiments change.
Domination of bullish...
This "Volatility Balance" indicator measures volatility from a different perspective.
It plots both an upside (green) and downside (red) volatility rating as well as a histogram depicting either the difference between the two or the two combined.
First, it calculates the ratio of the candle body (open to close) in relation to the entire candle range (high - low)....
![XBTUSD.P: BitMEX Funding [m59]](https://s3.tradingview.com/v/Vdx6D956_mid.png "BitMEX Funding [m59]")
![XBTUSD.P: Bitfinex Longs/Shorts {v2} [m59]](https://s3.tradingview.com/v/V710hEOw_mid.png "Bitfinex Longs/Shorts {v2} [m59]")
![XBTUSD.P: Bitfinex Longs/Shorts [m59]](https://s3.tradingview.com/u/uiN8lMzF_mid.png "Bitfinex Longs/Shorts [m59]")
![BTCUSD: Bitfinex Longs vs Shorts [R1984] [Private]](https://s3.tradingview.com/o/o4RjTx2s_mid.png "Bitfinex Longs vs Shorts [R1984] [Private]")
