spacemanbtc

Open Interest Delta

spacemanbtc Updated   
OI Delta

This indicator aims to provide users an idea for OI changes intrabar referencing the LTF data, there will be some limitations as its limited to the LTF of 1minute maximum,
however there can be some insight provided regardless.



Below we can see an additional 2 modes,
Split:

Delta


The difference between the 3 modes include:
Split is a separation of the initial mode "Singular" it divides the 2 into separate axis positioning to allow for a different perspective of the same data.

Delta: Takes the difference of the 2 and makes it easier for users to see which side was in control, personally delta makes it easier to see DIVS in momentum and where exhaustion is occuring.


-Dev note, this was made alongside many other things so less testing was done do dm me anytime if theres any issues that need solving.

Release Notes:
Removed unused setting

Protected script
This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.
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