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discountry

Open Interest Price Oscillator

discountry  
Oscillators
66
2
oscillator
NOTE: You need to use this script on the ticker that has open interest data.

Price Oscillator of the ticker's open interest.

Only the money would tell you the truth.

Trend tends to change after a significate change of the open interest.

So it's may be a reliable indicator to catch the market movements.

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Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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