INVITE-ONLY SCRIPT
Telah dikemas kini

Open Interest and Liquidity [by Alpha_Precision_Charts]

256
Indicator Description: Open Interest and Liquidity [by Alpha_Precision_Charts]

Introduction:

The "Open Interest and Liquidity" indicator is an advanced tool designed for traders seeking to analyze aggregated Open Interest (OI) flow and liquidity in the cryptocurrency market, with a special focus on Bitcoin. It combines high-quality Open Interest data, a detailed liquidity table, and a visual longs vs shorts gauge, providing a comprehensive real-time view of market dynamics. Ideal for scalpers, swing traders, and volume analysts, this indicator is highly customizable and optimized for 1-minute charts, though it works across other timeframes as well.

Key Features:

Aggregated Open Interest and Delta: Leverages Binance data for accuracy, allowing traders to switch between displaying absolute OI or OI Delta, with value conversion to base currency or USD.

Liquidity Table: Displays the analyzed period, active liquidity, shorts, and longs with visual proportion bars, functioning for various cryptocurrencies as long as Open Interest data is available.

Longs vs Shorts Gauge: A semicircle visual that shows real-time market sentiment, adjustable for chart positioning, helping identify imbalances, optimized and exclusive for Bitcoin on 1-minute charts.

Utilities:

Sentiment Analysis: Quickly detect whether the market is accumulating positions (longs/shorts) or liquidating (OI exits).
Pivot Identification: Highlight key moments of high buying or selling pressure, ideal for trade entries or exits.

Liquidity Monitoring: The table and gauge provide a clear view of active liquidity, helping assess a move’s strength.
Scalping and Day Trading: Perfect for short-term traders operating on 1-minute charts, offering fast and precise visual insights.

How to Use:

Initial Setup: Choose between "Open Interest" (candles) or "Open Interest Delta" (columns) in the "Display" field. The indicator defaults to Binance data for enhanced accuracy.

Customization: Enable/disable the table and gauge as needed and position them on the chart.
Interpretation: Combine OI Delta and gauge data with price movement to anticipate breakouts or reversals.

Technical Notes

The indicator uses a 500-period VWMA to calculate significant OI Delta thresholds and is optimized for Bitcoin (BTCUSDT.P) on high-liquidity charts.

Disclaimer

This indicator relies on the availability of Open Interest data on TradingView. For best results, use on Bitcoin charts with high liquidity, such as BTCUSDT.P. Accuracy may vary with lower-volume assets or exchanges.
Nota Keluaran
Indicator Description: Open Interest and Liquidity [by Alpha_Precision_Charts]

Introduction:

The "Open Interest and Liquidity" indicator is an advanced tool designed for traders seeking to analyze aggregated Open Interest (OI) flow and liquidity in the cryptocurrency market, with a special focus on Bitcoin. It combines high-quality Open Interest data, a detailed liquidity table, and a visual longs vs shorts gauge, providing a comprehensive real-time view of market dynamics. Ideal for scalpers, swing traders, and volume analysts, this indicator is highly customizable and optimized for 1-minute charts, though it works across other timeframes as well.

Key Features:

Aggregated Open Interest and Delta: Leverages Binance data for accuracy, allowing traders to switch between displaying absolute OI or OI Delta, with value conversion to base currency or USD.

Liquidity Table: Displays the analyzed period, active liquidity, shorts, and longs with visual proportion bars, functioning for various cryptocurrencies as long as Open Interest data is available.

Longs vs Shorts Gauge: A semicircle visual that shows real-time market sentiment, adjustable for chart positioning, helping identify imbalances, optimized and exclusive for Bitcoin on 1-minute charts.

Utilities:

Sentiment Analysis: Quickly detect whether the market is accumulating positions (longs/shorts) or liquidating (OI exits).
Pivot Identification: Highlight key moments of high buying or selling pressure, ideal for trade entries or exits.

Liquidity Monitoring: The table and gauge provide a clear view of active liquidity, helping assess a move’s strength.
Scalping and Day Trading: Perfect for short-term traders operating on 1-minute charts, offering fast and precise visual insights.

How to Use:

Initial Setup: Choose between "Open Interest" (candles) or "Open Interest Delta" (columns) in the "Display" field. The indicator defaults to Binance data for enhanced accuracy.

Customization: Enable/disable the table and gauge as needed and position them on the chart.
Interpretation: Combine OI Delta and gauge data with price movement to anticipate breakouts or reversals.

Technical Notes

The indicator uses a 500-period VWMA to calculate significant OI Delta thresholds and is optimized for Bitcoin (BTCUSDT.P) on high-liquidity charts.

Disclaimer

This indicator relies on the availability of Open Interest data on TradingView. For best results, use on Bitcoin charts with high liquidity, such as BTCUSDT.P. Accuracy may vary with lower-volume assets or exchanges.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.