sexy view of the current long/short positions on Bitfinex. I saw some pay-for, hidden-source-code version of this and thought: "oh man."
This indicator will show you which gang is dominating the market : the bearish gang (short masters), or the bullish gang (long masters). The bearish gang is drawn in red and the Bullish one is in green color. If red is above green, that means we have a bearish tendency on the market. if green goes above red, that means the market is going the bullish...
When 50DMA and 200DMA cross on PC, algo trades SPY accordingly