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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