acatwithcharts

Bitfinex Longs/Shorts Multi-Coin [acatwithcharts]

This script plots the longs/shorts ratio derived from Bitfinex for BTCUSDLONGS , BTCUSDSHORTS , and similar for 11 top cryptocurrencies chosen selected based on marketcap, trading volume on Bitfinex, and the maximum number of times that TradingView would let me call the "security" function in one script. Included coins:

BTC , ETH, LTC, BCH, XRP, EOS , IOT (IOTA), ETC, ZEC, NEO, XMR


In addition to just plotting the ratios for the individual coins, this script also calculates for a customizable selection of the 11 coins both the average ratio and a weighted average weighted by (USD price of coin * sum of long and short positions).

I wrote it both to use both for a big picture overview of leveraged positions across major coins and to use as a Swiss army knife of longs/shorts ratio indicators for individual coins, most of which do not currently have individual scripts published.



I'm an amateur and you definitely shouldn't take anything I say or use any of my scripts as financial advice. I'd appreciate any feedback.
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Want to use this script on a chart?
My volatility-based indicators are available for sale at SharkCharts.live

Feel free to reach out to me with any questions; more information is available on the SharkCharts website and the SharkCharts discord https://discord.gg/YVpTeSK