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COT+ (M1D)

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COT+ (M1D)
Commitment of Traders report the way ICT teaches it: follow the commercials, and judge their net position against its own range, not against zero.

The commercials' net position

One red step line: commercial longs minus commercial shorts, from the weekly CFTC report (positions as of Tuesday, published Friday). The data refreshes on its own every week.

The range box

The box spans the lookback (12 months by default) from the commercials' lowest net to their highest. Its midline is the new zero line: (highest + lowest) / 2. Net above the midline = the commercials are in a buying program (upper half, blue). Net below it = a selling program (lower half, red).

Example: a 12-month high of 400K and a low of 160K put the midline at 280K. A net of 300K sits above it, so the read is BUY.

The table

The same test over 3 months, 6 months, 12 months, 2 years and 3 years, each one BUY or SELL. The window the box draws is marked. Hover any row for the midline and the range behind it. OI 4W is the open interest check: open interest down 10% or more while the commercials add = short covering (BULLISH); open interest up 10% or more while they sell = BEARISH; anything else = NONE.

Markets

COT exists for CFTC-reported futures only. The report is picked from the chart's symbol. On a CFD chart (NAS100, XAUUSD) set the futures contract in "Futures symbol", for example CME_MINI:NQ1! or COMEX:GC1!. Report = Auto switches to the Financial report for index, rate, FX and crypto futures and the Disaggregated report for commodities. Large Specs and Small Traders can be turned back on in Style, and Display = COT Index scales each net 0-100 over the lookback.

Disclaimer

This script is for education and chart analysis only. It is not financial advice and does not place trades. Past positioning does not predict future price.
Sürüm Notları
Source tidy

Tidied a comment in the source code. Nothing changes in how COT+ works, what it shows or its settings.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.