Open Interest

An indicator that displays the change in open interest over a certain period of time.

Open interest is the general number of open positions on the current market. The higher the open interest, the more people are involved in trading the asset. An increase in open interest provides information about the strength of the current price movement, while a decline warns of weakness.

Indicator settings

Parameters

Name

Description

Period

Selecting the time interval for which the open interest will be plotted: Bar, Day, Week, Month, All bars.

Type

Selecting the type of open interest display: Columns, Candles, Line.

Ticks Type

Possibility of displaying open interest of both buyers and sellers simultaneously, separately buyers, separately sellers (All, Buys, Sells).

Style

Name

Description

Up Color

Selecting a color for display of open interest growth.

Down Color

Selecting a color for display of open interest decline.

Indicator

Name

Description

Show Indicator

Enabling or disabling the indicator display on the chart.

Show Title

Enabling or disabling the indicator name display in the information line.

Show Values

Enables or disables the indicator value display in the information line.

Show Markers

Enabling or disabling the indicator markers display on the scale.

Area

Selection of an area to display the indicator.

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