TradingView
ILuvMarkets
Oct 23, 2022 6:22 PM

ILM NSE Futures - Open Interest Analysis - FnO 

IDFC FIRST BANK FUTURESNSE

Description

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

Release Notes

Changed default font size to size.auto

Release Notes

Highlight Max/Min Close and Max/Min COI in the table data

Release Notes

Fixed issue with the last status row when real-time data feed is active

Release 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
Comments
TeamTaurus
Great Work Mate .. A small suggestion .. make it overlay and give it a trigger to show or not to show on the main screen helps many by switc
majorwealth
Hi there ILM!. Have tried this open interest thing many times, good to see someone else also putting that effort.
But there is a problem!!!!! Some data sets are always wrong no matter how many alternative one tries. I have coded and matched with every site, sensibull, icharts, opstra. But for some reasons, some data set is comes correct and some are wrong.
ILuvMarkets
@majorwealth, You are right. Our indicators / software is as good as the data it is getting. Most of the time, I noticed data gets adjusted in a day and matches with the NSE BHAV COPY. I normally see the anomalies on Thursdays due to Exchange bhavcopy delays I guess.
gprasadreddy07
I am sorry, It is working now. I just changed the time frame to daily and I am requesting you to kindly send Open Interest and Delta indicator if you have.
Please guide me how to identify the big buyers who are buying and selling stock data as per candle sticks in tradingview.
TarrotTrader
Nice Script , thanks
tarunaugupta
Hi can we get max open interest PUT AND Call side strike so we can identify the support and resistance
gprasadreddy07
while adding this indicator it is showing code error , why this script is not executing. Pl tell me how to correct.
ILuvMarkets
@gprasadreddy07, You need to use this indicator on Daily Timeframe. If you are still getting error, please post the error message screenshot. I will take a look.
Vamang
I just love it, respected sir. You are great, pls can you create same for Forex also. If possible with the blessings of Nature
ILuvMarkets
@spiritedSnail8801, please share a sample ticker and exchange name. I will take a look
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