Bitfinex USD Pairs: Betas and Correlations [checkm8]Hello and welcome to my beta and correlation indicator!
This indicator is meant to be used to assess trading alternatives to BTCUSD on Bitfinex, examining alt-USD pairs that can be traded on margin. This list is as follows:
ETHUSD
LTCUSD
EOSUSD
NEOUSD
OMGUSD
XRPUSD
IOTUSD
BCHUSD
SANUSD
ETPUSD
ETCUSD
XMRUSD
ZECUSD
DSHUSD
Before dwelling further on the script, let's revisit the definitions of beta and correlation:
Beta is a statistical measure of a %-change in an asset relative to a 1% change in a benchmark. In our case - this is BTCUSD. For example, if the beta is 1.5, it means that the particular asset moves 1.5% in the same direction as the 1% change of the benchmark. If the beta is negative, the asset is moving in opposite direction of the benchmark. Note: beta is not confined to any range.
Correlation is a statistical measure of the relationship between two assets, from a range of +1 to -1, where a score of +1 implies perfect positive correlation (prices move in the same direction), -1 implies perfect negative correlation (inverse relationship), and 0 implies no relationship in price changes.
For the calculations, BITFINEX:BTCUSD is used as the benchmark.
Through the script's settings:
You can select whether to plot betas or the correlations
You can select the desired length to be used in the measure of beta and correlations
You can enable smoothing for less choppy results. This is accompanied by options to modify the smoothing length and the smoothing method, where SMA, EMA, RMA, and WMA are available.
You can enable and disable individual alt pairs from being displayed (ie. if you do not want LTCUSD plotted, you can turn it off)
Below is an example of the correlation setting.
I would recommend using a smoothing input of 3-6, on SMA, and the 4-hour timeframe for good results. I use this indicator for help in deciding what alt pairs to trade on a particular day, where you will want to trade alts with the highest correlations. Note: be weary of less liquid markets, such as ETP and SAN.
Also note: the labels shown in the snapshot are for presentation purposes only. You can enable Indicator Labels by right clicking the oscillator -> "Price Scale" -> "Indicator Labels".
Please let me know if you have any questions, suggestions, or concerns.
Happy trading!
For additional information as to why you should be using this indicator and trading alts instead of BTCUSD, please refer to my study:
1-BTCUSD
XBTUSD & BTCUSD for Left AxisThis script displays the price of XBTUSD and BTCUSD on the chart.
If you are displaying FXBTCJPY, I recommend you use on the left axis.
CM_Ultimate_MA_MTF_V2 with Alert Long and Short Hello All,
Here is a scirpt of ChrisMoody modified with the alerts of purchases and sales.
I just have a problem with automation. At the bottom of my script my alerts "Buy1" and "Sell2" give alerts constantly and I wish to have a single alert before the order is completed. Before "Sell1" or Buy2 ".
I found the function "barstate.isfirst" that could possibly work?
Does anyone have an idea ? :)
Bitfinex Longs vs Shortssexy view of the current long/short positions on Bitfinex. I saw some pay-for, hidden-source-code version of this and thought: "oh man."
MTF Bitfinex Longs vs. Shorts Support/Resistance [checkm8]Hello and welcome to my multi-timeframe support and resistance indicator based on margin longs and shorts on Bitfinex :D
The premise of the script is simple. It draws support and resistance levels based on large margin movements ( effectively showing the break-even points of those positions ), where:
Longs opening and shorts closing is bullish pressure
Longs closing and shorts opening is bearish pressure
You can select your desired timeframe for the script to show the levels on. The script draws two sets of lines, one based on medium-sized movements and another based on large movements, where you can also manually input the size of the movements for it to track. By default, the script is optimized for 1-hour timeframes on BTCUSD, where the medium sized movements are set to bullish/bearish pressures of over 500 BTC, and large movements based on pressures of over 1000 BTC.
If you choose to use a different currency pair (ex. LTCUSD, ETCUSD, EOSUSD, etc..) you must adjust the volume that the script tracks , as tracking something like a 500 margin long in XRPUSD is useless. This also applies to timeframes , as timeframes lower than 1 hour may require smaller input values, while larger timeframes will require larger movements.
In addition, there is an input for the source. I recommend leaving this setting at hlc3 , because this will capture a more appropriate break-even points for the S/R levels.
A few tips:
If the current price is under a bullish support/resistance level , this implies that the bullish margin positions are underwater (the price is below their long break-evens), ie. shorts closed at the top or longs were entered at the top
If the current price is above a bullish support/resistance level , this implies that the bullish margin positions are in profit and will act as support (they will support their long break-even points)
If the current price is under a bearish support/resistance level , this implies that the bearish margin positions are in profit and will act as resistance (the price is below their short break-evens)
If the current price is above a bearish support/resistance level , this implies that the bearish margin positions are underwater (the price is above their short break-evens), ie. shorts entered at the bottom or longs were closed at the bottom
Happy trading and feel free to reach out with feedback and suggestions! :D
Special thanks goes to oh92 for his input and feedback on the idea. Check out his profile and his vast selection of indicators in the links below!
www.tradingview.com
depthhouse.com
Bitfinex Longs vs Shorts [R1984] [Private]TradingView Pine script to compare open Bitfinex BTC long versus short positions.
This indicator compares open Bitfinex BTC long versus short positions in multiple markets (USD, EUR, GBP, and JPY).
Features
Switch between total position and percent comparison.
Convert position values from BTC to EUR, GBP, JPY, or USD.
Configurable gradient shading (useful with total position comparison).
Dimdicator v1.0 - NO REPAINT - Result: %80.72(4h)Access
48H Trial Period By Request. Full Access is $50(LTC, ETH, BTC...)
No repaint!
Best time interval: 4 hour
"It works very good in BTC/USD"
Please use Heikin Ashi candles!!! Its important!!!
Long Term Strategy (100% BTC, only Longs)My BTCUSD Long Term Strategy,
based on Ichimoku, BB, EMA's & some William's Alligator & Fractals.
Up to this point only gave profitable long trades on BTCUSD (100% profit factor).
Have fun & be careful, nothing is bullet proof.
Ciao!
BTCUSD-4720to7640 LongerTimeFrame (LTF)This is a Shorter Time Frame Fib level indicator. It shows where the BTCUSD market is looking to go and where it has been. When the market get above one level ( white bar, for example) look for price action to continue to the next level. If it breaks below the white bar look for it to go the next level below for support. It is great for having targets. It helps in knowing why the market may continue in a direction. For example: When the price action has already moved up, why does it keep going up, because it hasn't reached targeted fib level yet. Same reason price action may move lower. It is looking for its fib level support. You can find them yourself by taking the red level fibs as plug numbers. This makes it fractal in nature. Find the fractal or/of inner fibs by plugging in two consecutive red level fib numbers as the plug numbers. With two plug number it will work for any instrument at any level.
PPSignal MTFSystem Algorithm Ppsignal Versin MTF. based on historical price probabilities . We recommend use financial stock, bond, crypts, indices, futures and Forex market ( GBPUSD -0.09% , EURUSD -0.02% , USDJPY 0.28% , USDCAD 0.09% , AUDUSD -0.02% , USOIL -0.05% , XAUUSD -0.06% , SOYUSD -1.22% , DXY 0.07% , SPY 0.12% , SP1! 0.40% , bitcoin -0.02% ) with defined trends above 50 or 100 and 200 simple moving averages idem if you want trade downtrend financial assets.
Use projections and retracements Fibonacci, MACD and RSI or Stoch oscillator and figures charters Head and shoulder, triangles and double bottom , double top , etc.
This system will notify you of the probability of success. The profit will be defined for yourself and according to your investor profile.
There are stocks and other assets with high returns but the system does not know exactly. Check in the Strategy tester section and then net profit.
We have other tools that support to PPsignal system, we will publish them shortly.
Define system parameters
As it is a system that is based on past data we recommend using the most historical data weekly (W) but you an use day historical data or 3 o 2 hs.
Candle color: you can choose if you want a trend color for candles or not, in the chart propieties menu detach the border option.
PPsignal it's a very simple system with which you will have a great support when it is a good time for enter in the marker and out.
we await your comments.
With this new version you can change the period and time and find a better percent profitable.
Eng. Oscar Alejandro Peruchena
Quants Mathematical and Market Analyst
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.
PARSEC Bitcoin strategy for testing: SMA + ADX + Fisher transfStrategy using SMA, ADX and modified Fisher transform (I've made linear transformation on original Ehler's Fisher transform) and implemented into Bitcoin trading perspective.
Current strategy is optimized for Bitcoin.
General objectives is to add, remove indicators:
- to further improve the strategy for Bitcoin
- adjust the strategy to be feasible for wider range of cryptocurrencies (preferably for the top 2-5 or top 2-10 ones), without significantly decreasing the current profit factor and profit rates
Experienced technical analysts feel free to PM me if you want to test the strategy (at this stage up to 5 people's participation would be appreciated).
For those ones who significantly contribute, I will give life-long access to both the improved strategy and alerts.
1min_&15min_Crypto_indicatorDear Crypto Community,
on
I set for my thesis a crypto indicator for 15 minutes mostly. It's work at 87 % on BTCUSD & BCH
easy to use:
Green to Short
Purpule to Buy
DepthHouse BTC MO Backtest [Strategy]NOTE: Only works on BTC
All testing was done on 1hr Timeframe.
Past performance Is no guarantee of future results.
This is a experimental indicator - use at your own risk.
This is an experimental backtest strategy for the original DepthHouse BTC Momentum Oscillator
The idea of this is to aid traders in finding the best indicators settings to match their trading style.
---BTC MO SIgnals---
Signal Line: Generally, if the Signal Line is greater than 0, then there is more bullish momentum in the market
Tops & Bottoms: Signals used to help spot where BTC 0.96% momentum may have topped or bottomed out
Possible Divergences: Used to help spot possible reversals on continuous trends
---oh92's Preset Setting---
Scalper: (20,11,17,6) Very reactive settings that I use while day trading. However, faster settings generally increase the chance of false signals(20,11,17,6)
Swing Trader: (5,25,55,10) Greatly reduces noise for my longer time trades. Generally makes 'tops' and 'bottoms' more accurate. Which can be a huge advantsge in spoting an earnly trend reversal
Custom: Allows user adjustments of all settings
Displayed: (17,32,45,7)
Try this indicator for FREE! Just leave a comment, or feel free to send me a PM
Link to the original DepthHouse BTC Momentum Oscillator :
Bitfinex BTCUSD margin longs vs shortsNon overlay indicator for BTCUSDLONGS and BTCUSDSHORTS + delta
Simple profitable trading strategyThis strategy has three components.
Philakones EMAs are a sequence of five fibonacci EMAs. They range from 55 candles (green) to 8 candles (red) in length. A strong trend or breakout is marked by the emas appearing in sequence of their length from 8 to 55 or vice versa. These EMAs are also used to signal an exit. Only two EMAs are used for exit signals - when the 13 EMA crosses over/under the 55 EMA.
RSI gives a bullish signal when 40 > rsi > 70. Exit signals are oversold (30) or overbought (70)
Stochastics give a bullish signal when stoch < 80 and an exit signal when > 95.
Results include 3 ticks of slippage and taker fees of .002. Provides a pretty smooth equity curve with a 73% win rate and beats buy and hold by than 10x (returns about 60x overall) since start of 2017.
Heffae Clouds v1.00Heffae Clouds v1.0 - Ichimoku Modernized
Heffae Clouds Alpha release Version 1.0
Heffae Clouds functions as adaptive support and resistance. It has real-time paths and offset clouds, similar to ichimoku.
Paths are calculated by the complex discovery of prior behaviour for any crypto or forex asset.
Uses 5 single layer networks to calculate the optimal path fitting for any asset or timeframe.
The cloud color provides granular detail on path validity.
Please see the pastebin link for access information and links:
pastebin.com
Video introduction and trading strategy:
Some Beta-tester comments:
"It's like now having a microscope if you get what I mean. Which says great things about what you have done here. Love it man"
"I just find myself makes so many good decisions with your system it's hard to believe"
"this is without a doubt an improvement of Ichimoku (Which is my favorite tool by far). So much more info with your cloud system.."
Bitfinex Longs vs Shorts [R1984]TradingView Pine script to compare open Bitfinex BTCUSD long versus short positions.
This indicator compares open BTCUSD Bitfinex long versus short positions.
Features
Switch between total position and percent comparison.
Configurable gradient shading (useful with total position comparison).
ICM_novolatileThis script is a fork of the previous script with things still in works. Use renko candlesticks with suitable timeframe. This script tends to not trade low volatility, hence eliminates weaker calls.
Autoview Bot BTC/USD Strategy(NO REPAINT)Access
48H Trial Period By Request. Full Access is $100(LTC, ETH, BTC...)
No repaint!
Best time interval: 270 minutes or 4 hour
"It works very good in BTC/USD"
Squeeze Momentum Autoview Bot BTC/USD Strategy(NO REPAINT)Access
48H Trial Period By Request. Full Access is $100(LTC, ETH, BTC...)
No repaint!
Best time interval: 270 minutes or 4 hour
"It works very good in BTC/USD"