This script helps to determine the fundamentals of silver. The value of fundamental strength ranges between 0 to 1. This is developed by considering the COT data and then normalizing it in a particular way so that it helps in determining the trend of silver.
Note: Use this only in Weekly Chart because COT's are announced Weekly.
I hope this script helps people in the tradingview community. And please, do share your reviews after using it.
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.