PROTECTED SOURCE SCRIPT
BTCUSDSHORT - BTCUSDLONG : balance of power

Hello everyone,
I noticed that many people try to compare SHORTS and LONG positions (see: BTCUSDSHORTS and BTCUSDLONGS ), and the available indicators don't sufficiently highlight the balance of power .
That's why I programmed this indicator to answer this need ( which I also have ! ).
His name is : BTCUSDSHORT - BTCUSDLONG crossover indicator
I think you will understand quickly how it works, it's easy :
- If the histogram is negative, the color is red and that means that there are more BTCUSDSHORTs than BTCUSDLONG
- If the histogram is positive, the color is green and that means that there are more BTCUSDLONDS than BTCUSDSHORTS
A small cross (red or green) appears when the power balance is reversed.
Have a good day.
EDIT 03/02 : Title has been changed
I noticed that many people try to compare SHORTS and LONG positions (see: BTCUSDSHORTS and BTCUSDLONGS ), and the available indicators don't sufficiently highlight the balance of power .
That's why I programmed this indicator to answer this need ( which I also have ! ).
His name is : BTCUSDSHORT - BTCUSDLONG crossover indicator
I think you will understand quickly how it works, it's easy :
- If the histogram is negative, the color is red and that means that there are more BTCUSDSHORTs than BTCUSDLONG
- If the histogram is positive, the color is green and that means that there are more BTCUSDLONDS than BTCUSDSHORTS
A small cross (red or green) appears when the power balance is reversed.
Have a good day.
EDIT 03/02 : Title has been changed
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Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya secara bebas dan tanpa apa-apa had – ketahui lebih di sini.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.