Shows the long / short ratio of trader's positioning in bitfinex exchange.
The higher the ratio, it means there are more longs. The lower the ratio, the more shorts are currently being opened,.
Inspired by @SimpeLyfe on both tradingview and twitter
Takes BitMex's XBT volume and divides it by a basket of spot exchanges volume to determine a ratio between both of them.
Has options like: Smoothing or no smoothing, Showing individual data points or data points summed up over a specified period.
Open source so enjoy!