OPEN-SOURCE SCRIPT
Cập nhật COT Index Lite - by Nightbricks
The COT Index shows Managed Money (Non-Commercial) net positioning as a normalised
0–100 value, auto-detected from your chart symbol across 60+ futures markets. No manual
CFTC code required for supported assets.
**What it measures**
Net positioning (longs minus shorts) from the CFTC Commitment of Traders report,
normalised against a 3-year (156-week) lookback window:
- **100** — net longs at a 3-year high. The crowd is maximally long.
- **0** — net shorts at a 3-year high. The crowd is maximally short.
- **50** — the midpoint of the 3-year range.
- **Above 80** — historically crowded-long zone (red background shading).
- **Below 20** — historically crowded-short zone (green background shading).
Updated every Friday after the CFTC 3:30 PM ET release. The script reads the last
*completed* weekly value, so the printed reading does not repaint intra-week.
**Why a 3-year window?**
Many COT Index tools use a 26–52 week lookback. Short windows produce unstable readings
that jump as old extremes age out of the window. A 156-week window spans a full market
cycle, so an "extreme" reading is extreme relative to years of behaviour — not just the
last few months.
**Supported markets — auto-detected**
- Equity indices: S&P 500, Nasdaq 100, Dow, Russell 2000, Nikkei, VIX
- FX: EUR, GBP, JPY, CHF, CAD, AUD, NZD, MXN
- Rates: 30Y, 10Y, 5Y, 2Y T-Notes, Fed Funds
- Crypto: Bitcoin, Ethereum
- Energy: WTI, Brent, Natural Gas, Heating Oil, Gasoline
- Metals: Gold, Silver, Copper, Platinum, Palladium
- Grains: Corn, Wheat, Soybeans, Soybean Meal/Oil, Oats, Rice
- Softs: Cotton, Sugar, Coffee, Cocoa, OJ
- Livestock: Live Cattle, Lean Hogs, Feeder Cattle
For any unlisted instrument, type its CFTC market code into the "CFTC Code override" input.
**How to use it**
- Add it to a **Weekly** chart — COT data is weekly; the script warns you on other timeframes.
- Treat readings above 80 and below 20 as *context*, not signals. A crowded-long market
can stay crowded; the index tells you how stretched positioning is, not when it turns.
- Combine with price structure and your own risk rules.
**What the COT Index does — and does not — tell you**
The COT Index answers one question: *where is positioning within its 3-year range?* By
design it does **not** measure how statistically extreme the reading is, whether
positioning is accelerating or unwinding, or whether price and positioning are diverging.
Those are separate calculations on the same underlying data — useful to understand as
their own concepts, but out of scope for a single 0–100 line.
Open-source. Read the code, fork it, learn from it.
0–100 value, auto-detected from your chart symbol across 60+ futures markets. No manual
CFTC code required for supported assets.
**What it measures**
Net positioning (longs minus shorts) from the CFTC Commitment of Traders report,
normalised against a 3-year (156-week) lookback window:
- **100** — net longs at a 3-year high. The crowd is maximally long.
- **0** — net shorts at a 3-year high. The crowd is maximally short.
- **50** — the midpoint of the 3-year range.
- **Above 80** — historically crowded-long zone (red background shading).
- **Below 20** — historically crowded-short zone (green background shading).
Updated every Friday after the CFTC 3:30 PM ET release. The script reads the last
*completed* weekly value, so the printed reading does not repaint intra-week.
**Why a 3-year window?**
Many COT Index tools use a 26–52 week lookback. Short windows produce unstable readings
that jump as old extremes age out of the window. A 156-week window spans a full market
cycle, so an "extreme" reading is extreme relative to years of behaviour — not just the
last few months.
**Supported markets — auto-detected**
- Equity indices: S&P 500, Nasdaq 100, Dow, Russell 2000, Nikkei, VIX
- FX: EUR, GBP, JPY, CHF, CAD, AUD, NZD, MXN
- Rates: 30Y, 10Y, 5Y, 2Y T-Notes, Fed Funds
- Crypto: Bitcoin, Ethereum
- Energy: WTI, Brent, Natural Gas, Heating Oil, Gasoline
- Metals: Gold, Silver, Copper, Platinum, Palladium
- Grains: Corn, Wheat, Soybeans, Soybean Meal/Oil, Oats, Rice
- Softs: Cotton, Sugar, Coffee, Cocoa, OJ
- Livestock: Live Cattle, Lean Hogs, Feeder Cattle
For any unlisted instrument, type its CFTC market code into the "CFTC Code override" input.
**How to use it**
- Add it to a **Weekly** chart — COT data is weekly; the script warns you on other timeframes.
- Treat readings above 80 and below 20 as *context*, not signals. A crowded-long market
can stay crowded; the index tells you how stretched positioning is, not when it turns.
- Combine with price structure and your own risk rules.
**What the COT Index does — and does not — tell you**
The COT Index answers one question: *where is positioning within its 3-year range?* By
design it does **not** measure how statistically extreme the reading is, whether
positioning is accelerating or unwinding, or whether price and positioning are diverging.
Those are separate calculations on the same underlying data — useful to understand as
their own concepts, but out of scope for a single 0–100 line.
Open-source. Read the code, fork it, learn from it.
Phát hành các Ghi chú
Maintenance update: optimizations and reliability improvements.Mã nguồn mở
Theo đúng tinh thần TradingView, tác giả của tập lệnh này đã công bố nó dưới dạng mã nguồn mở, để các nhà giao dịch có thể xem xét và xác minh chức năng. Chúc mừng tác giả! Mặc dù bạn có thể sử dụng miễn phí, hãy nhớ rằng việc công bố lại mã phải tuân theo Nội quy.
Building intelligent systems, one brick at a time.
COTInsight.com - COT Positioning Intelligence with 475+ CFTC Futures & Options markets. See where the Smart Money is.
TradingView: COT Signals Dashboard · COT Index Lite · Pivot Points Pro
COTInsight.com - COT Positioning Intelligence with 475+ CFTC Futures & Options markets. See where the Smart Money is.
TradingView: COT Signals Dashboard · COT Index Lite · Pivot Points Pro
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.
Mã nguồn mở
Theo đúng tinh thần TradingView, tác giả của tập lệnh này đã công bố nó dưới dạng mã nguồn mở, để các nhà giao dịch có thể xem xét và xác minh chức năng. Chúc mừng tác giả! Mặc dù bạn có thể sử dụng miễn phí, hãy nhớ rằng việc công bố lại mã phải tuân theo Nội quy.
Building intelligent systems, one brick at a time.
COTInsight.com - COT Positioning Intelligence with 475+ CFTC Futures & Options markets. See where the Smart Money is.
TradingView: COT Signals Dashboard · COT Index Lite · Pivot Points Pro
COTInsight.com - COT Positioning Intelligence with 475+ CFTC Futures & Options markets. See where the Smart Money is.
TradingView: COT Signals Dashboard · COT Index Lite · Pivot Points Pro
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.