OI Candle by Umut
This indicator displays Open Interest (OI) as candlestick data across all timeframes, giving traders a clearer view of market participation and positioning dynamics.
Unlike standard OI indicators that use line charts or are limited to higher timeframes, this version visualizes OI using full OHLC candles. This allows you to analyze volatility, momentum, and structural changes in open interest in the same way as price action.
Unlike standard OI indicators that use line charts or are limited to higher timeframes, this version visualizes OI using full OHLC candles. This allows you to analyze volatility, momentum, and structural changes in open interest in the same way as price action.
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.
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.