This indicator is to show how much more Bitcoin Longs exist in comparison to Bitcoin Shorts in percent.
It is calculated as * 100 (%)
By default, the indicator displays the Longs-Shorts ratio. You can also show the actual Bitcoin Longs and Shorts numbers instead by disabling 'Show Longs-Shorts Ratio' in the settings. In this case, the Longs are in green and...
DepthHouse - Longs vs. Shorts is a FREE INDICATOR
A very simple indicator that measures the number of Bitcoin Longs and Shorts active in the market.
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Pretty much Self-explanatory :)
The columns (green and red) are difference in long and short positions during that period. Positive number suggests more number of long positions and vice-versa.
Works for all allowed crypto-pairs.
A similar indicator was published by another user, but sadly he closed the source code
The Bot is best suited to be used with 30m charts and Heikin Ashi Candlesticks, although if you aren’t proficient in trading, I suggest the use of 4H candles stick to filter out weak signals. Use of other indicators to further validate the calls is always recommended.