Horizontal Line

A horizontal line divided based on grid distance, suitable for traders who use Open Interest (OI) for market analysis. This grid system helps users clearly identify key price levels, such as areas where significant contract accumulation occurs, potential reversal zones, or regions where heavy buying and selling activity is expected.

Release Notes

This indicator is designed to help traders compare price levels between two correlated markets that trade with a price gap (Premium/Discount), such as Spot and Futures prices. By using two parallel grid systems, it allows you to visualize corresponding price zones across both markets simultaneously.

Protected script

This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.

nitissunghapun

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Protected script

This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.

nitissunghapun