Noldo

Open Interest Stochastic Money Flow Index

This is the improved version of Stochastic Money Flow Index script that uses Open Interest instead of volume in Future markets.
I think it will make a difference especially in Future and CFD markets.
Since the system will pull data from Quandl, CFTC reports may cause repaint when disclosed.
So if you use it during the weekly time frame (1W), it will definitely not repaint.
You can also use the volume by selecting "Others" from the menu.This option applies to each instrument, you can use it on any financial instrument with or without COT data.

Bitcoin is included in the "Futures" option.
In Futures , you can observe the difference of Open Interest's success by comparing, since it counts exchanges between the two parties singularly, it reacts more firmly to speculative movements.
This script also includes alerts and bar color options, you can use from the menu.
It is also suitable for mutable variables.This script was freed from the integer loads.You can modify it in any adaptive or fractional period.

I hope it will help your analyzes, regards .
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Comments

Hello Sir Noldo... greetings
If i wanna to pull the data from NSE (National Stock Exchange... India) then how can I?
+12 Reply
Noldo hyrajkalyani
@hyrajkalyani,
Hello, thanks for your interest.
These data are Commitment of Traders data from Quandl.
As far as I know, it includes Future markets and currencies, mainly the Goods markets.
+3 Reply
Thank you Noldo.
+1 Reply
Noldo Harry_Seldon
@Harry_Seldon, your welcome.
Reply
hii sir i want this
+1 Reply
Noldo Pr123456
@Pr123456, That's free .
Reply
Can I use this indicator in Tradingview USOIL chart on 15 minute time frame ?
Reply
do i have to sign up with Quandl to make this script work ?
Reply
Hi Noldo, Is this no good for lower timeframes then? Also Can I use it for CFD's on Oanda?
Reply
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