PROTECTED SOURCE SCRIPT
Bitcoin COT

Based on BennettStein's Bitcoin COT (CME) indicator, this adds 7 day ema and average up and down trend.
White = Institutional
Red = Retail
Cyan = Professional
Green = Average of Institutional, Retail, and Professional
Yellow = % open interest held by largest 4 longs
Purple = % open interest held by largest 4 shorts
Green/Red background = Directionality over time of Institutional, Retail, and Professional
DATA SOURCE: various Quandl feeds on trading view
// HOW TO INTERPRET: (from BennettStein's documentation) -- NOT FINANCIAL ADVICE
// 1. Trade in the same direction of institutional money.
// 2. Trade in the opposite direction of retail money.
// 3. Trade in the direction of professional money.
// 4. When %open interest held by largest 4 longs > %open interest held by largest 4 shorts = look to buy
// 5. When %open interest held by largest 4 shorts > %open interest held by largest 4 longs = look to sell
White = Institutional
Red = Retail
Cyan = Professional
Green = Average of Institutional, Retail, and Professional
Yellow = % open interest held by largest 4 longs
Purple = % open interest held by largest 4 shorts
Green/Red background = Directionality over time of Institutional, Retail, and Professional
DATA SOURCE: various Quandl feeds on trading view
// HOW TO INTERPRET: (from BennettStein's documentation) -- NOT FINANCIAL ADVICE
// 1. Trade in the same direction of institutional money.
// 2. Trade in the opposite direction of retail money.
// 3. Trade in the direction of professional money.
// 4. When %open interest held by largest 4 longs > %open interest held by largest 4 shorts = look to buy
// 5. When %open interest held by largest 4 shorts > %open interest held by largest 4 longs = look to sell
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Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Script protegido
Este script se publica como código cerrado. Sin embargo, puede utilizarlo libremente y sin limitaciones: obtenga más información aquí.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.