OPEN-SOURCE SCRIPT
COT: Noncommercial Net (Futures)
The CFTC publishes Commitment of Traders data every Friday. Inside that report, the "Noncommercial" category — large speculators, managed money, trend-followers — is the one most traders actually want to watch. This script strips everything else away and shows their net stance: Long minus Short, futures contracts only.
Positive values mean large speculators are net long. Negative means net short. A move across zero often marks a meaningful shift in positioning, not just noise.
How it works
The indicator auto-detects the correct CFTC code from the chart's symbol using TradingView's official LibraryCOT, so you don't need to configure anything. Open it on BTC futures, gold, crude oil, the yen — it resolves the code and pulls the right data automatically.
A teal/red histogram shows whether net positioning is positive or negative. A step-line sits on top for precise bar-by-bar reading. Zero is marked with a dashed reference line.
What it doesn't do
It doesn't tell you when to buy or sell. COT data is released weekly and lags several days behind the reporting cutoff — it's positioning context, not a signal. Use it alongside price action and other tools to understand who is leaning which way, not as a standalone trigger.
Notes
Futures only (not futures + options combined)
Noncommercial Long − Noncommercial Short = Net
Data source: CFTC Legacy report via TradingView's LibraryCOT v6
Works on any symbol that has a CFTC code in TradingView's database
Not financial advice. Position sizing and risk management are your responsibility.
Positive values mean large speculators are net long. Negative means net short. A move across zero often marks a meaningful shift in positioning, not just noise.
How it works
The indicator auto-detects the correct CFTC code from the chart's symbol using TradingView's official LibraryCOT, so you don't need to configure anything. Open it on BTC futures, gold, crude oil, the yen — it resolves the code and pulls the right data automatically.
A teal/red histogram shows whether net positioning is positive or negative. A step-line sits on top for precise bar-by-bar reading. Zero is marked with a dashed reference line.
What it doesn't do
It doesn't tell you when to buy or sell. COT data is released weekly and lags several days behind the reporting cutoff — it's positioning context, not a signal. Use it alongside price action and other tools to understand who is leaning which way, not as a standalone trigger.
Notes
Futures only (not futures + options combined)
Noncommercial Long − Noncommercial Short = Net
Data source: CFTC Legacy report via TradingView's LibraryCOT v6
Works on any symbol that has a CFTC code in TradingView's database
Not financial advice. Position sizing and risk management are your responsibility.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que cualquier republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que cualquier republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.