Open Interest — Indicators and Signals — TradingView — India (2024)

LuxAlgoWizard

The Open Interest Inflows & Outflows indicator focuses on highlighting alterations in the overall count of active contracts associated with a specific financial instrument.The indicator also includes an oscillator highlighting the price sentiment to use in conjunction with the open interest flow sentiment and also includes a rolling correlation of the open...

788

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Open Interest S

SuperiorScriptsUpdated

This script shows Open Interest. You can choose measure, view and highlight large OI changes based on Z-Score. Features Measure USD or COIN View OI Candles or OI Change columns with wicks Z-Score Highlight Z Length is the period for calculations, Z Threshold is the standarddeviation from the average change in OI for the selected period Color You can...

130

2

Liquidation Level Screener

gotbeatz26107

The Liquidation Level Screener is an analytical tool designed for traders who seek a comprehensive view of potential liquidation zones in the market. This script, adaptable to almost any timeframe from 1 minute to 3 days, offers a unique perspective by mapping out key liquidation levels where significant market actions could occur. Key Features: ...

220

4

Open Interest Oscillator

gotbeatz26107

In the middle of a bustling cryptocurrency market, with Bitcoin navigating a critical phase and the community hype over potential ETF approvals, current funding rates, and market leverage, the timing is optimal to harness the capabilities of sophisticated trading tools.Meet the Open Interest Oscillator – special indicator tailored for the volatile arena of...

52

OI Visible Range Ladder [Kioseff Trading]

Hello!This Script “OI Visible Range Ladder” calculates open interest profiles for the visible range alongside an OI ladder for the visible period! Features OI Profile Anchored to Visible Range OI Ladder Anchored to Visible Range Standard POC and Value Area Lines, in Addition to Separated POCs and Value Area Lines for each category of OI x Price...

439

5

Zig-Zag Open Interest Footprint [Kioseff Trading]

KioseffTradingWizard

Hello!This script "Zig Zag Open Interest Footprint" calculates open interest x price values for zig zag trends! Features Open interest footprints anchored to zig zag trends Summed OI x price level footprints Total OI (for each category) for the entire trend shown Standard POC lines, in addition to separated POC lines for each category of open interest x...

304

9

TASC 2023.10 COT Commercials Indicator

PineCodersTASC

█ OVERVIEWThis script implements the COT Commercials Indicator introduced by Alfred François Tagher in an article featured in TASC's October 2023 edition of Traders' Tips . The indicator is designed for use in futures markets and represents a fast stochastic (%K) calculated based on the commercial open interest values of an asset derived from the weekly ...

123

Crypto Open Interest

amy40106

Plots a crypto's open interest on Binance.You can choose to see OI as asset-denominated (e.g. 1000 BTC), USD-denominated, or both.How I usually interpret OI:Price up, OI up = longs opened = bullishPrice up, OI down = shorts closed = bullish on HTF, or counter-trade on LTFPrice down, OI up = shorted opened = bearishPrice down, OI down = longs closed =...

107

Trade Tool VDWMA + OI RSI Based

Demech

This indicator works only for symbols where open interest data is available.The idea was to create a combination of Volume Delta, Open Interest, RSI, Moving Average and Support / Resistance as a unified tool.I created a Weighted Moving Average based on the Volume Delta (VDWMA). The idea behind this was to reflect the moving average on the difference between...

90

2

Multi-Asset Performance [Spaghetti] - By Leviathan

LeviathanCapitalUpdated

This indicator visualizes the cumulative percentage changes or returns of 30 symbols over a given period and offers a unique set of tools and data analytics for deeper insight into the performance of different assets.Multi Asset Performance indicator (also called “Spaghetti”) makes it easy to monitor the changes in Price, Open Interest, and On Balance Volume...

1695

38

Dynamic Liquidity Map [Kioseff Trading]

KioseffTradingWizardUpdated

Hello!Just a quick/fun project here: "Dynamic Heatmap".This script draws a volume delta or open interest delta heatmap for the asset on your chart.The adjective "Dynamic" is used for two reasons (:1: Self-Adjusting Lower Timeframe Data The script requests ~10 lower timeframe volume and open interest data sets. When using the fixed range feature the...

313

12

Market Sessions and TPO (+Forecast)

MXWLL-Capital-Trading

This indicator "Market Sessions and TPO (+Forecast)" shows various market sessions alongside a TPO profile (presented as the traditional lettering system or as bars) and price forecast for the duration of the session. Additionally, numerous statistics for the session are shown. Features Session open and close times presented in boxes Session pre market...

969

33

Open Interest RSI

DemechUpdated

This indicator started as an experiment.It is an RSI which is not based on the price but on the open interest.It captures the momentum of the open interest in the same way as the RSI of the price.Rules Open Interest (OI):If the OI rises and the price rises = Bullish trend.If the OI falls and the price continues to rise = bearish reversal possibleIf the OI...

184

2

Open interest flow / quantifytools

quantifytoolsUpdated

- Overview Open interest flow detects inflows (positions opening) and outflows (positions closing) using open interest and estimates delta (net buyers/sellers) for the flows. Users are able to choose any open interest source available on Tradingview, by default set to BTCUSDT OI fetched from Binance. Using historical open interest flows, bands depicting typical...

754

19

Open Interest Chart [LuxAlgo]

LuxAlgoWizard

The Open Interest Chart displays Commitments of Traders %change of futures open interest , with a unique circular plotting technique, inspired from this publication Periodic Ellipses .🔶 USAGE Open interest represents the total number of contracts that have been entered by market participants but have not yet been offset or delivered. This can be a...

1845

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Biddles OIWAP-Price Spread

b_biddles

This indicator is the companion to my OIWAP (Open Interested-Weighted Average price) open source indicator. In observing the OIWAP, what seemed most interesting was the distance between price and OIWAP. This indicator plots that spread in a histogram. It seems when price is too high above all OIWAPs, it's locally overbought (sentiment is overly bullish), and...

58

Open Interest Suite [Aggregated] - By Leviathan

LeviathanCapital

This script is an all-in-one indicator that uses aggregated Open Interest data to plot OI candles, Open Interest Delta, OI x rVOL, and OI RSI. It also includes tools such as an OI Distribution profile, large OI increase/decrease coloring, a Stats Screener, and much more.You can select and have the script plot the following:- Open Interest in the form of OHLC...

2562

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Open Interest Profile [Fixed Range] - By Leviathan

LeviathanCapital

This script generates an aggregated Open Interest profile for any user-selected range and provides several other features and tools, such as OI Delta Profile, Positive Delta Levels, OI Heatmap, Range Levels, OIWAP, POC and much more.The indicator will help you find levels of interest based on where other market participants are opening and closing their...

2011

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Open Interest — Indicators and Signals — TradingView — India (2024)

FAQs

Is there an open interest indicator on TradingView? ›

On the chart, Open Interest data is available as the Open Interest indicator: The indicator displays the name of the Open Interest service symbol: Open Interest is available for both traditional futures contracts and crypto derivatives.

What is the OI indicator in Zerodha? ›

Open Interest (OI) is a number that tells you how many contracts are currently outstanding (open) in the market. OI increases when new contracts are added. OI decreases when contracts are squared off. OI does not change when contracts are transferred from one party to another.

What are the top 3 indicators in TradingView? ›

The 3 Best TradingView Indicators to Improve Your Trading
  • 1- ARMAGEDDON 2 by Bullish way team. This indicator shows you the floor and ceiling of the market accurately. ...
  • 2-Ichimoku Clouds. ...
  • 3-Auto Fib Retracement.
Nov 22, 2023

Can Indians trade on TradingView? ›

01Can I trade directly from TradingView? Yes, you can trade directly from TradingView with Dhan. In fact, Dhan is the only broker in India that allows you to place orders from the Trading Panel on TradingView.

How to get OI profile in Sensibull? ›

To access this, you have to select “TradingView by Sensibull (Beta)” in the chart settings on profile page. When you select the “OI profile” checkbox, you'll see an Open Interest (OI) graph displayed on the right side of the screen, along the Y-axis. This graph represents the total Open Interest for the underlying.

What is the most accurate indicator on TradingView? ›

The best TradingView indicators to use are the volume profile, anchored VWAP, Ichimoku, and Fibonacci retracements.

What happens if call OI is high? ›

Open interest is tracked separately for call and put options. High open interest in call options might indicate bullish sentiment, while high open interest in put options could indicate bearish sentiment.

What is the open interest related indicator? ›

Look for a correlation between open interest and price action: If open interest is rising along with price, it indicates that there is a lot of buying pressure in the market. This is a bullish sign. If open interest is falling along with price, it indicates that there is a lot of selling pressure in the market.

How to see OI in chart? ›

You can choose to see OI as asset-denominated (e.g. 1000 BTC), USD-denominated, or both. How I usually interpret OI: Price up, OI up = longs opened = bullish Price up, OI down = shorts closed = bullish on HTF, or counter-trade on LTF Price down, OI up = shorted opened = bearish Price down, OI down = longs closed =...

Which indicator in TradingView is best for long term? ›

This long term CCI trend changing signal will gives you good buy point for a long term trading. As you know, CCI ( Commodity Channel Index ) is the indicator of how difference from MA(Moving Average). If CCI (period) value is 0 then it is the same value of the SMA (price, period).

What indicator do most traders use? ›

10 most popular indicators for trading
  • Moving Average Convergence Divergence (MACD) ...
  • Stochastic Oscillator. ...
  • Bollinger Bands. ...
  • Relative Strength Index (RSI) ...
  • Fibonacci Retracement. ...
  • Standard Deviation. ...
  • Ichimoku Cloud. ...
  • Client Sentiment. IG client sentiment provides insights into the positioning of traders in a specific market.

Which country owns TradingView? ›

TradingView was founded in 2011 by Konstantin Ivanov (CTO), Denis Globa (CEO) and Stan Bokov (COO). TradingView is headquartered in New York and has its European market headquarters in London. The platform help users around the world better understand financial markets by discussing investment ideas in an open forum.

Is TradingView legal in India? ›

Yes, you can trade on TradingView in India, but it depends on the specific broker that you use. TradingView is a charting platform that allows users to analyze markets and execute trades through supported brokers.

Do professional traders use TradingView? ›

We've introduced three most comprehensive packages (Expert, Elite and Ultimate) designed specifically for Professional (Commercial) traders.

Where is open interest on a chart? ›

Open interest is represented by the horizontal line above the volume on the bottom of the chart. Official volume figures for futures data is not normally transmitted until the next day, and Open Interest is not available during the current day's session.

How to check open interest in options? ›

When an option is traded with one party opening and one party closing, the open interest remains unchanged. If both parties in the transaction are closing positions then the open interest decreases. If both parties are opening positions, then the open interest goes up.

What is the OI chart indicator? ›

The Open Interest (OI) Indicator on FYERS charts is an essential tool in the derivatives market, used to track the total number of outstanding or open contracts that have not yet been settled.

What is the open interest flow indicator? ›

Open interest measures money flow into or out of a futures or options market. Increasing open interest represents new or additional money coming into the market, while decreasing open interest indicates money flowing out of the market.

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