OPEN-SOURCE SCRIPT

BTC-USD: LONGS, SHORTS & RATIO (Bitfinex)

This script allows you

1. to plot the outstanding BTC long (green) and/or short (red) positions

2. to plot an area (blue) corresponding to the ratio between the outstanding long and short positions, shifted and rescaled, such that the zero-line corresponds to the mid-point between the long and short positions: ratio => ratio * mid + mid
BTClongsratioshortsVolume

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

Want to use this script on a chart?

Disclaimer