This indicator is to show how much more Bitcoin Longs exist in comparison to Bitcoin Shorts in percent. It is calculated as * 100 (%) By default, the indicator displays the Longs-Shorts ratio. You can also show the actual Bitcoin Longs and Shorts numbers instead by disabling 'Show Longs-Shorts Ratio' in the settings. In this case, the Longs are in green...
BTCUSDLONGSSHORTS - Bitfinex BTC Longs Shorts
Pretty much Self-explanatory :) The columns (green and red) are difference in long and short positions during that period. Positive number suggests more number of long positions and vice-versa. Works for all allowed crypto-pairs. A similar indicator was published by another user, but sadly he closed the source code Happy Trading!