Noldo

Live Mini Terminal 1 : Relative General Data Change

Noldo Updated   
This script displays relative data changes occurring in the adjustable period and/or adaptive automatic period in various markets.
It was inspired by the data terminals used by commercial traders.

Period selection can be set in the menu.
This script uses the adaptive period algorithm used by Autonomous LSTM and Relativity scripts.
Or you can set the period manually from the menu.
For more information about adaptive period this script uses:


This script works only for 1 day (1D) and 1 week (1W) time frames.
Since COT data is used, the most efficient time frame is 1 week (1W) .

Features

  • Value changes on a percentage basis (%)
  • Commitment of Traders position changes on a percentage basis :
    Net position percentage is calculated as Short - Long and there is no inverse relationship.
    Direct relationship is provided.
  • Due to the advantage of movement, future data were drawn instead of spot values ​​on the required instruments.


INSTRUMENTS

  • US10Y : U.S Government Bonds 10 Year Yields
  • VIX : CBOE Volatility Index (S&P 500 VIX )
  • GOLD : XAUUSD : Gold
  • WTI : West Texas Intermediate : USOIL , Crude Oil
  • BCO : Brent Crude Oil : UKOIL , Light Crude Oil
  • SP500 : S&P 500 Index
  • DXY : US Dollar Index
  • TIO : Iron Ore : Iron Ore %62 Fe CFR China Futures
  • XAG : SI : Silver
  • NG : Natural Gas
  • JPYUSD : Japanese Yen
  • EURUSD : Euro/Dollar

Position Change InfoPanel

  • 10 US T-Bond positions are used because there is no position equivalent in US10Y.
    In other instruments, the corresponding position provisions are written and their changes are calculated.

USAGE


The script can be used as an indicator by putting it under the chart as shown above.
It is necessary to enlarge to see clearly.
Since it is not often looked at,
such use is the best method for healthy interpretation.


Release Notes:
The COT Commercial Positions were converted to Long - Short for ease of follow - up.
Release Notes:
Codes have been simplified.
Unnecessary codes have been deleted.
Release Notes:
The COT Commercial Positions were converted to Short- Long for directly follow - up.
Codes simplified.
Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact Noldo for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases you can find a good open-source alternative for free in our Community Scripts.

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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