OTZ NET COT Positions (dual modus)

OTZ NET COT Positions (Dual Mode) is a powerful tool to visualize net positions of Commercials, Large Speculators, and Small Traders based on the Commitment of Traders (COT) data from the CFTC. It supports both standard futures and forex pairs using a differential approach (e.g., GBPJPY = GBP COT minus JPY COT).

Especially for Forex traders, this dual-mode mapping allows deeper insights. For example, in the GBPJPY pair, you can observe how positioning on the British Pound compares to the Japanese Yen – giving you an edge by evaluating the relative strength of one currency over another using institutional positioning.

A unique feature is the Tuesday-to-Tuesday comparison dots, ideal for analyzing weekly COT movements on daily charts. Since COT data reflects Tuesday positions, this allows a clean, consistent reference across weeks, enabling better momentum and trend analysis.

The indicator includes a clean legend, optional hiding of the current week's data until the market closes, and customizable color settings.