INVITE-ONLY SCRIPT
Mayfair COT Tool Private
Updated
The indicator plots the CFTC Commitments of Traders data.
The default setting is the Leveraged Funds numbers, which related to relatively fast money, which is where the fingerprints of the Composite Man are most obvious.
Red lines mean short positions, green lines are longs and the blue line shows the difference.
When the blue line is moving up, the Composite man is probably accumulating. When it is moving down he is probably selling off his stocks.
Remember that the direction of movement of the blue net line is more important than the absolute value, as there are perfectly good reasons to have a futures position to hedge other trading activity, but the overall trend is there to be seen.
The default setting is the Leveraged Funds numbers, which related to relatively fast money, which is where the fingerprints of the Composite Man are most obvious.
Red lines mean short positions, green lines are longs and the blue line shows the difference.
When the blue line is moving up, the Composite man is probably accumulating. When it is moving down he is probably selling off his stocks.
Remember that the direction of movement of the blue net line is more important than the absolute value, as there are perfectly good reasons to have a futures position to hedge other trading activity, but the overall trend is there to be seen.
Release Notes
Fixed bug where Gold, sliver and stock indexes were showing the DXY CoT.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 Paul_Varcoe for more information, or follow the author's instructions below.
Please note that this is a private, invite-only script that was not analyzed by script moderators. Its compliance to House Rules is undetermined. 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.
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THE CITY TRADERS: thecitytraders.com/?aff=9
Discord: discord.gg/Ma7SnExcWA
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