OPEN-SOURCE SCRIPT
KIJO OI RSI + FR + vol Fut RSI
This educational indicator combines Price RSI, Open Interest RSI, Futures Volume RSI, and a normalized Funding Rate into a single visual panel. It is designed to help traders understand the structural relationship between price movement and derivatives positioning.
The script integrates:
- RSI of price (momentum)
- RSI of Open Interest (position expansion/contraction)
- RSI of futures volume (aggressive participation)
- Funding Rate scaled into RSI range for visual comparison
- Multi-timeframe background logic based on Price + OI interaction
The background coloring highlights structural conditions:
- Price and OI expanding
- Potential trapped positioning
- Position closing environments
The upper section reflects the current timeframe.
The lower section reflects a higher timeframe defined by a customizable multiplier.
This tool is designed strictly for educational and analytical purposes.
It does not generate buy or sell signals and should not be used as standalone trading advice.
Descripción: Este indicador educativo combina RSI del Precio, RSI del Open Interest, RSI del Volumen de Futuros y Funding Rate normalizado en un solo panel visual. Su objetivo es ayudar a comprender la relación estructural entre el movimiento del precio y el posicionamiento en derivados.
El script integra:
- RSI del precio (momentum)
- RSI del Open Interest (expansión o contracción de posiciones)
- RSI del volumen de futuros (participación agresiva)
- Funding Rate escalado al rango RSI para comparación visual
- Lógica de fondo multi-timeframe basada en la interacción Precio + OI
El fondo coloreado permite visualizar si el mercado está expandiendo posiciones, cerrándolas o generando posibles atrapamientos. La parte superior representa el timeframe actual y la inferior un timeframe superior configurable.
Está diseñado con fines educativos para estudiar estructura de mercado y comportamiento de derivados. No es un sistema automático de entrada o salida.
The script integrates:
- RSI of price (momentum)
- RSI of Open Interest (position expansion/contraction)
- RSI of futures volume (aggressive participation)
- Funding Rate scaled into RSI range for visual comparison
- Multi-timeframe background logic based on Price + OI interaction
The background coloring highlights structural conditions:
- Price and OI expanding
- Potential trapped positioning
- Position closing environments
The upper section reflects the current timeframe.
The lower section reflects a higher timeframe defined by a customizable multiplier.
This tool is designed strictly for educational and analytical purposes.
It does not generate buy or sell signals and should not be used as standalone trading advice.
Descripción: Este indicador educativo combina RSI del Precio, RSI del Open Interest, RSI del Volumen de Futuros y Funding Rate normalizado en un solo panel visual. Su objetivo es ayudar a comprender la relación estructural entre el movimiento del precio y el posicionamiento en derivados.
El script integra:
- RSI del precio (momentum)
- RSI del Open Interest (expansión o contracción de posiciones)
- RSI del volumen de futuros (participación agresiva)
- Funding Rate escalado al rango RSI para comparación visual
- Lógica de fondo multi-timeframe basada en la interacción Precio + OI
El fondo coloreado permite visualizar si el mercado está expandiendo posiciones, cerrándolas o generando posibles atrapamientos. La parte superior representa el timeframe actual y la inferior un timeframe superior configurable.
Está diseñado con fines educativos para estudiar estructura de mercado y comportamiento de derivados. No es un sistema automático de entrada o salida.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.