The red line is a moving average of ONLY sellers in the market. The blue line is a moving average of ONLY buyers in the market.
The period or "length" of the individual moving averages can be adjusted in the indicator settings. The default, it is set to 50.
Buying and selling trends often provide indications of market moves such as the most recent bottom in Cryptocurrencies.
Feel free to comment and share any indicator concepts or ideas for content you would like to see added to the Technical Indicator Bundle on kenzing.com
hi Grant can allow access to this indicator? Its kind of similar to the long/short position charts on bitfinex available here, would like to test it a bit. Cheers!
UnknownUnicorn2107479
⋅
Nice! This is invaluable. I'll certainly look at purchasing in the near future. Thanks.