OPEN-SOURCE SCRIPT
Bitfinex BTC/ETH Open Interest
The Bitfinex Exchange is providing the Open Long and Short positions as data feeds in Tradingview. This information can be valuable in order to judge how the big players are positioned.
This indicator allows to analyze this Bitfinex Open Interest data for BTC and ETH. By default it shows the Total Open Interest (Longs + Shorts) in BTC. A 10 period EMA is applied to the data.
The following alternative displays are available:
- Show ETH instead of BTC
- Show Long positions separately
- Show Short Positions separately
- Show the results in USD (Number of coins multiplied by period closing price)
- Show RSI instead of absolute value (see below)
Instead of displaying the absolute value, it is possible to show the RSI (current default length is 20) to make the changes easier visible. If RSI display is selected, then the Overbought, Oversold and Middle Line are shown automatically. Additionally a histogram is displayed which shows the difference between the RSI and the EMA of the RSI.
This indicator allows to analyze this Bitfinex Open Interest data for BTC and ETH. By default it shows the Total Open Interest (Longs + Shorts) in BTC. A 10 period EMA is applied to the data.
The following alternative displays are available:
- Show ETH instead of BTC
- Show Long positions separately
- Show Short Positions separately
- Show the results in USD (Number of coins multiplied by period closing price)
- Show RSI instead of absolute value (see below)
Instead of displaying the absolute value, it is possible to show the RSI (current default length is 20) to make the changes easier visible. If RSI display is selected, then the Overbought, Oversold and Middle Line are shown automatically. Additionally a histogram is displayed which shows the difference between the RSI and the EMA of the RSI.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
The new Order Block Finder V2 is available as invite-only script. Please visit the website for all the details and how to get access:
sites.google.com/view/wugamlo-indicators/
sites.google.com/view/wugamlo-indicators/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
The new Order Block Finder V2 is available as invite-only script. Please visit the website for all the details and how to get access:
sites.google.com/view/wugamlo-indicators/
sites.google.com/view/wugamlo-indicators/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.