Use this sentiment indicator to buy dip and sell high. The red area shows where the market sentiment is optimistic and might be temporarily a top to sell. The green area shows where the market sentiment is pessimistic and might be temporarily a dip to buy.
This indicator sums up the majorBTC future market's funding rate 4 bars back. You can tweak the bars back in the input.
Release Notes
fix max_bars_back error caused by Tradingview's bug
This script is published closed-source and you may privately use it freely.
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Disclaimer
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