The difference between longs and shorts is an open interest.
Represents the opportunity to assess where the majority of participants are going to go.
You can also try to find divergences for additional analysis.
Trend Analysis and Divergence Filter
This tool helps you to read trend strength and spot divergences, to be ready for a reversal.
All the tool is based on a colorcode:
- bright colors = impulse bars.
- hard colors = consolidation / continuation bars.
- light colors = weakness bars.
=> You can choose to use barcolor, or not, and simply use the indicator....
We take prices BTC from exchanges ((BITFINEX_COINBASE_BITSTAMP), averaged.
From the exchange (BITFINEX) we take longs and shorts.
Get the difference - Open Interest is actual now.
The indicator shows a change (Open Interest) .
You can try to find divergences
OI on alts it is possible to make (only BITFINEX)
EMA Spread Oscillator
Quickly see past levels where diff maxed out. Momentum and price can only keep going up for so long. This obviously differs per underlying asset. So that is where this oscillator comes in handy.
Of course you can see on the chart how far apart the moving averages are, but it is easier to spot on an oscillator.
Discover Divergences of Price vs Momentum or Price vs. CCI
Ready to be used with Autoview to automate your Trades
Alerts to open and close Trades
This Work is based on and combines the following Studies:
Jeddingen Divergence v4
This study is an experimental variation of Peter Martin's Ulcer Index built using the framework of my Dual Ulcer Index indicator.
In this version, the difference between the long and short UI is calculated.
This index is a measure of volatility and momentum that can be used to locate low risk trading opportunities.
The Flow of fund(FOF) divergence signal indicator consists of the following parts: The Flow of fund histogram, FOF trend line and divergence signal. The signal is instantly drawn on current bar and will not repaint.
HISTOGRAM shows an approximate amount of money get in or out of the market within 1 bar. If selling pressure is stronger than buying pressure, it...
BUBD checks for price divergence from oscillators across 6 different oscillators - MACD, CCI (Vol. weighted), RSI, Stochastic RSI, Money Flow and Relative Vigor index. Use it to find good entry spots for longs and also to find downtrend reversals. If this gets popular I will release a Bearish divergence indicator as well.
Please check your stock/crypto across...
Study that is related to my CryptoArbitrageDivergenceStrategy.
Buy-/ Sell signals are generated, when the price is rising on one exchange, while it is falling on the other exchange.
You can configure for how many candles the condition must be true, before a signal is generated.
The first exchange can be chosen by selecting the financial instrument of choice, the...
Momentum vs. price divergence. Sell signals on bearish divergence, buy signals on bullish divergence .
Indicator includes an RSI filter, alert-conditions and lots of other configuration options.
There is also a TradingView strategy available to backtest everything!
[ ---> ZOOM IN THE CHART TO GET BETTER SIGHT ! <--- or look at the picture version if render is messy :
(INVITE ONLY indicator. Access to all my indicators for a symbolic 1€/day subscription + FREE WEEK TRIAL)
Please don't post comment to ask for unlock... if you want to try it out, simply follow the link at the bottom...
BullTrading PA-MACD contains different algorithms based on price action to calculate and display the popular MACD indicator. It will display more relevant crosses without sacrificing much sensibility (use fractal entries).
This technique was described by William Blau in his book "Momentum,
Direction and Divergence" (1995). His book focuses on three key aspects
of trading: momentum, direction and divergence. Blau, who was an electrical
engineer before becoming a trader, thoroughly examines the relationship between
price and momentum in step-by-step examples. From this...