Market Squeeze Detection & Momentum Indicator
How To Use.
Add script to trading view
select the settings cog on the indicator to open options
For 5 min chart set following (edit all below according to time frame of chart)
BB Length 5
BB MultiFactor 5
KC Length 5
KC Multi factor 1.5
Use True Range KC...
This script reads price and volume information for the top 5 coins (on 9 exchanges, a total of 29 pairs), calculates the cummulative upvolume and downvolume according to the Money Flow (MFI) formula, and shows upvolume and downvolume separately on the chart as a green and a red line.
The coins used are BTC, ETH, LTC, XRP and EOS. They are the top 5 coins by daily...
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...
Total XRP Longs minus XRP Shorts in order to give you the total outstanding XRP margin debt.
ie: If 500,000 XRP has been longed, and 400,000 XRP has been shorted, then 500,000 has been bought, and 400,000 sold, leaving us with 100,000 XRP (net) remaining to be sold to give us an overall neutral margin position.
That isn't to say that the net margin position...
Arbitrage is the simultaneous purchase and sale of an asset to profit from a difference in the price. It is a trade that profits by exploiting the price differences of identical or similar financial instruments on different markets or in different forms.
In cryptocurrencies, arbitrage is difficult - if not impossible to profit from due to the large transaction...