- Trend trading tool
- When the monthly range line or cloud is blue, the trend is up, vice-versa for orange/red.
- Length auto-adjusts for every timeframe. This indicator does not work on weekly and above timeframes.
- Monthly line color change doesn't work on some things like forex because the price is too low
The origin of this concept is not...
Word on the street is that Bitfinex has accidentally switched longs and shorts tickers.
Just kidding. This is a mean reversion tool used to find increases in positions, where hopefully there will be a squeeze soon after.
It works by having a scrolling input to make it easy to scan.
Options to view shorts, longs, and the ratio. And options to view current...
Compare the recent volatility of 8 cryptocurrencies, based on percentage change per candle.
Useful for volatility strategies to find the highest volatility coins over recent periods or to get an at-a-glance view of volatility correlations.
Options to change the resolution and find average % change per candle over user defined length.
BTC = Yellow/Gold...
Small improvement upon the above script - all credit should really go to pigloo
Auto-detects ticker and automatically loads the long/shorts for it - so works on more than just BTC
Note - only works on BitFinex and only works for tickers which have long and short data...