spacemanbtc

OI Profile Remastered

spacemanbtc Updated   
OI Profile Remastered

This indicator is the successor to the very popular first open interest profile,
the indicator provides the opportunity to show: Delta, Positive and negative OI in seperation,
as well as calculate the High Value Nodes (HVN) + Liquidations independently of the OI shown.

Users are granted options such as
HVN - Auto detects areas of High Open Interest
Liquidations - Provides points of maximum likely liquidation areas

Users can select their margin manually else the Auto settings for margin will do its job based on the chart selected, perp vs usdt.
All settings are set to defaults that I currently use for BTC trading.

Liquidation points can be useful for Targets when taking a trade.
HVN /OI. Can be used as S/R dynamically as well as the OI develops throughout the session.


Positive Profile With Positive HVN Calculation

Delta Profile with Positive HVN Calculation (shows indepedence)


Release Notes:
Updated Delta HVN Calculation to represent the old variant with DVAH and DVAL returning

Allowed custom line styling for Developing POC/VA vs Liquidations
Release Notes:
Added Long Short Positioning
Includes ability to track positioning over the profile session
Useful to see who is offside vs who is positioned cleverly.
Indicator now allows liquidations to be focused on the Positioning of Longs and Shorts instead of DPOC.

Default Load Changes:
Liquidations off so new users can start with the basics, less clutter.

Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact spacemanbtc for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases you can find a good open-source alternative for free in our Community Scripts.

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.

Author's instructions

For access join on our website! Website: www.cubansedge.com/ Discord here: discord.com/invite/NqDfZgxeku

Want to use this script on a chart?

Warning: please read before requesting access.