The **Long/Short Ratios** indicator provides a **real-time snapshot of trader positioning** across major futures exchanges, including **Binance Futures, Bybit, and Bitfinex**. By analyzing the **distribution of long and short positions**, traders can gauge **market sentiment, potential liquidity zones, and evolving trader expectations**.
The ratio is determined by dividing the **total number of long positions by the total number of short positions**:
**Example:** If there are **80 long positions** and **40 short positions**, the **Long/Short Ratio** is **2** (**80/40**), meaning there are **twice as many long positions as short ones**.
### **Available Long/Short Ratio Views (Binance Futures Only)**
TRDR provides **three distinct views** of the Long/Short Ratios, each offering a different level of market insight:
* ### **Total Ratio** (Market-Wide Sentiment)
Represents the proportion of **net long and net short accounts** relative to the **total number of accounts with open positions**.
Formula:\
**Long Account %** = Accounts with net long positions / Total accounts with open positions\
**Short Account %** = Accounts with net short positions / Total accounts with open positions\
**Long/Short Ratio** = Long Account % / Short Account %
**Purpose:** Provides a broad market overview, helping traders assess overall bullish or bearish bias.
* ### **Top Trader Accounts Ratio** (Institutional Trader Sentiment)
Focuses on the **top 20% of traders** with the highest margin balances, revealing how experienced or well-capitalized traders are positioned.
Formula:\
**Long Account %** = Top trader accounts with net long positions / Total top trader accounts with open positions\
**Short Account %** = Top trader accounts with net short positions / Total top trader accounts with open positions\
**Long/Short Ratio** = Long Account % / Short Account %
**Purpose:** Helps identify whether **whales and institutional traders** are aligned with or diverging from retail traders.
* ### **Top Traders Position Ratio** (Institutional Trade Volume Analysis)
Unlike the **Top Trader Accounts Ratio**, which considers individual accounts, this metric evaluates the **actual volume of positions held by top traders**.
Formula:\
**Long Position %** = Total long positions held by top traders / Total open positions of top traders\
**Short Position %** = Total short positions held by top traders / Total open positions of top traders\
**Long/Short Ratio** = Long Position % / Short Position %
**Purpose:** Determines whether institutional traders are **heavily skewed toward long or short positions**, providing insights into **potential market trends**.
Long/Short Ratios
### **The data can be expressed in two ways:**
The Long and Short Ratio can reveal the current positioning of retail traders (long or short) and their potential reactions to price shifts. This understanding can indicate possible liquidity areas, such as stop loss or liquidation zones, contributing to a comprehensive trading strategy.
---
# Agent Instructions: Querying This Documentation
If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.
Perform an HTTP GET request on the current page URL with the `ask` query parameter:
```
GET https://docs.trdr.io/key-features-and-indicators/sentiment-indicators/long-short-ratios.md?ask=
```
The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.
Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.