PROTECTED SOURCE SCRIPT
Actualizado CoT_MK_WillCo_Index
The WillCo MK Index (Commercials, volume-adjusted) is a weekly oscillator that measures how strongly Commercial traders are positioned relative to total market size (Open Interest). It calculates the net Commercial position (Long minus Short), divides it by Open Interest to normalize for market volume, then scales that ratio to a 0–100 range over a user-defined lookback period (default 26 weeks). Readings near 100 indicate exceptionally strong Commercial net-long exposure (bullish extreme), while readings near 0 reflect heavy Commercial shorting or lack of longs (bearish extreme). Traders use WillCo MK to spot potential turning points by following smart-money extremes that often anticipate price reversals.
Notas de prensa
The WillCo MK Index (Commercials, volume-adjusted) is a weekly oscillator that measures how strongly Commercial traders are positioned relative to total market size (Open Interest). It calculates the net Commercial position (Long minus Short), divides it by Open Interest to normalize for market volume, then scales that ratio to a 0–100 range over a user-defined lookback period (default 26 weeks). Readings near 100 indicate exceptionally strong Commercial net-long exposure (bullish extreme), while readings near 0 reflect heavy Commercial shorting or lack of longs (bearish extreme). Traders use WillCo MK to spot potential turning points by following smart-money extremes that often anticipate price reversals.Notas de prensa
The quantile (percentile) calculation is now always performed on a weekly basis, regardless of the chart timeframe.Notas de prensa
Fixed: The WillCo Index now correctly displays the value for the completed week on the corresponding week in the chart. Previously, the value was shifted by one week, showing last week’s percentage for the current week. This issue is now resolved for the weekly chart.Note: On daily or lower timeframes, TradingView always displays the last completed weekly value for all days of the current week.
Notas de prensa
The WillCo Index now uses daily CoT data, so weekly values are always up to date and match the latest official CoT report without any lag or shift.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.
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.