OPEN-SOURCE SCRIPT
Open Interest Market Facilitation Index
Original script from ChartChampions :
Let's start.
This script was created by using Open Interest instead of Volume in the Market Facilitation Index.
Thus, it can make a difference in the Future and CFD Markets.
If your financial instrument is not from these markets, that is, if Open Interest is not used, you can choose Volume.
You can set "FUTURES" and "OTHERS" from the menu.
If you use the Open Interest (FUTURES) option in the menu on 1W bars and defined Future markets, it will not repaint.
This is the best use for Open Interests, as data is extracted from Quandl and CFTC COT reports are published once a week.
Color Change Rules :
In my version :
Green Bars = Green
Fade Bars = Orange
Fake Bars = Blue
Squat Bars = Red
To show the difference in the presentation, both the Futures option using Open Interest and the Others option using Volume were published to compare.
You can observe the difference.
Best regards.
Let's start.
This script was created by using Open Interest instead of Volume in the Market Facilitation Index.
Thus, it can make a difference in the Future and CFD Markets.
If your financial instrument is not from these markets, that is, if Open Interest is not used, you can choose Volume.
You can set "FUTURES" and "OTHERS" from the menu.
If you use the Open Interest (FUTURES) option in the menu on 1W bars and defined Future markets, it will not repaint.
This is the best use for Open Interests, as data is extracted from Quandl and CFTC COT reports are published once a week.
Color Change Rules :
In my version :
Green Bars = Green
Fade Bars = Orange
Fake Bars = Blue
Squat Bars = Red
To show the difference in the presentation, both the Futures option using Open Interest and the Others option using Volume were published to compare.
You can observe the difference.
Best regards.
Script de código abierto
Siguiendo fielmente el espíritu de TradingView, el autor de este script lo ha publicado en código abierto, permitiendo que otros traders puedan entenderlo y verificarlo. ¡Olé por el autor! Puede utilizarlo de forma gratuita, pero tenga en cuenta que la reutilización de este código en la publicación se rige por las Normas internas. Puede añadir este script a sus favoritos y usarlo en un gráfico.
¿Quiere utilizar este script en un gráfico?
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.