OPEN-SOURCE SCRIPT
ILM NSE Futures - Open Interest Analysis - FnO
Updated
Use this indicator on Daily Timeframe
This script works only on India NSE Futures (Indices and Fno Stocks)
This script pulls Stock/Index Price/Volume Info + Futures Current/Next Price/Volume/Open Interest Info
Calculates the Combined OI and identifies the OI Buildup based on the Price Change and color codes the info for easy reading
This script also calculates Stock/Futures Volume action to identify if big players are aggressively trading in Futures
Also OI Buildup to Future Volume is calculated to track the presence of big players.
Summary Row is displayed at the bottom which shows Futures Premium/Discount to Index/Stock
This script works only on India NSE Futures (Indices and Fno Stocks)
This script pulls Stock/Index Price/Volume Info + Futures Current/Next Price/Volume/Open Interest Info
Calculates the Combined OI and identifies the OI Buildup based on the Price Change and color codes the info for easy reading
This script also calculates Stock/Futures Volume action to identify if big players are aggressively trading in Futures
Also OI Buildup to Future Volume is calculated to track the presence of big players.
Summary Row is displayed at the bottom which shows Futures Premium/Discount to Index/Stock
Release Notes
Changed default font size to size.autoRelease Notes
Highlight Max/Min Close and Max/Min COI in the table dataRelease Notes
Fixed issue with the last status row when real-time data feed is activeRelease Notes
Enhancements- Added Future Rollover% in the status line of table
- Pulling BSE volumes as well for stocks
- Min/Max marking for more columns - Stk/Fut Vol, Fut Vol/OI Action
- Code refactoring
Release Notes
Fixed an issue with Future Next month premium calculation on the status line
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
Disclaimer
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