How do I interpret the REKY indicator on BitMEX?

5 answers

• Tommy ZhangJul 14, 2025 · 4 months ago
  The REKY indicator on BitMEX is a technical analysis tool that measures the ratio of the number of long positions to the number of short positions on the exchange. It is used to gauge market sentiment and identify potential trends. When the REKY indicator is high, it suggests that there are more long positions than short positions, indicating bullish sentiment. Conversely, a low REKY indicator indicates bearish sentiment. Traders can use this information to make informed decisions about their trading strategies. It's important to note that the REKY indicator should not be used in isolation and should be considered alongside other technical indicators and market analysis.
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• jamieteeJul 16, 2020 · 5 years ago
  Interpreting the REKY indicator on BitMEX is relatively straightforward. When the REKY indicator is above a certain threshold, it indicates that the market sentiment is bullish, meaning that there are more traders with long positions compared to short positions. Conversely, when the REKY indicator is below the threshold, it suggests bearish sentiment, indicating that there are more traders with short positions. Traders can use this information to assess the overall market sentiment and potentially make trading decisions based on it. However, it's important to remember that the REKY indicator is just one tool among many, and it's always recommended to conduct thorough analysis and consider other factors before making any trading decisions.
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• Qw QwAug 22, 2023 · 2 years ago
  The REKY indicator on BitMEX is a proprietary indicator developed by BYDFi. It is designed to provide traders with insights into market sentiment by analyzing the ratio of long positions to short positions. When the REKY indicator is high, it suggests that there is a higher proportion of long positions, indicating bullish sentiment. On the other hand, a low REKY indicator indicates a higher proportion of short positions, suggesting bearish sentiment. Traders can use this information to assess the prevailing market sentiment and potentially adjust their trading strategies accordingly. However, it's important to note that the REKY indicator should not be used as the sole basis for trading decisions and should be combined with other technical analysis tools and market research.
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• HERBERTI MWASHALAJan 18, 2023 · 3 years ago
  The REKY indicator on BitMEX is a useful tool for traders to gauge market sentiment. It calculates the ratio of long positions to short positions on the exchange and provides an indication of whether traders are more bullish or bearish. When the REKY indicator is high, it suggests that there are more long positions, indicating bullish sentiment. Conversely, a low REKY indicator suggests bearish sentiment. Traders can use this information to make informed decisions about their trading strategies. However, it's important to remember that the REKY indicator is just one piece of the puzzle and should be used in conjunction with other indicators and analysis methods to get a comprehensive view of the market.
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• Abdulrahman SarmadOct 27, 2020 · 5 years ago
  The REKY indicator on BitMEX is a popular tool among traders to assess market sentiment. It measures the ratio of long positions to short positions and provides insights into whether traders are more bullish or bearish. When the REKY indicator is high, it indicates that there are more long positions, suggesting bullish sentiment. Conversely, a low REKY indicator suggests bearish sentiment. Traders can use this information to gain a better understanding of the market and potentially adjust their trading strategies accordingly. However, it's important to note that the REKY indicator is not a foolproof tool and should be used in conjunction with other analysis techniques to make well-informed trading decisions.
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