spacemanbtc

Open Interest Profile SpaceManBTC

spacemanbtc Updated   
Open Interest Profile SpaceManBTC

This is an indicator that will provide users with a way to see the open interest changes at price points,
reflecting the increase in OI or decrease in OI automatically to the associated with a visual display similar to those of a footprint profile.

Users can select their margin to be be coin demonimanated or Tether.
Using Auto all settings as default the code will aim to determine the best settings for the users TF including adjustment of ticksize and sessions to ensure enough data is being produced.
Auto is actually a fine setting choice in this instance.

Users can choose to enable delta or disable, delta is set by default as it aims to make it easier to see the dominance in the OI change and which zone had a stronger increase or decrease. Of course this can be disabled to view all data in regards to the OI.

High OI zones can be used for OI.
Release Notes:
  • Fixed Calculatation

  • Added weighting Options Singular vs Dual, Singular weights based on both OI deltas not individual. Dual is original.

Protected script
This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.
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