OPEN-SOURCE SCRIPT

ProCrypto OI Candles — by ruben_procrypto

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This indicator visualizes aggregated Open Interest (OI) from multiple futures exchanges (Binance, Bybit, OKX).
It plots OI as colored candles (blue for increasing OI, orange for decreasing OI), combined with a smoothed OI line for clearer trend reading.

Key Features:

Multiple exchange support (Binance / Bybit / OKX)

Aggregated OI calculation

OI candlesticks with custom opacity

Smoothed OI trend line

Optional OI Delta bars

Adjustable smoothing length, range offset, and lookback settings

Works on all timeframes

What it helps with:

Spotting liquidity traps

Identifying fake pumps / fake dumps

Detecting aggressive long/short positioning

Reading funding cycles and OI expansions

Tracking market strength/weakness behind price movements

OI is one of the most powerful tools for understanding leverage behavior and true market intent.
This script gives a clear, clean, real-time view of OI so traders can see where momentum is actually coming from.

Built for traders who use liquidity, leverage, OI shifts, and momentum to understand price movement more accurately.

Created by @ruben_procrypto.

Disclaimer

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