Realised COT Indicator Suite for MetaTrader

Discussion in 'Requests for joint purchases' started by Yogesh Aggarwal, 8 May 2020.

  1. Yogesh Aggarwal

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    #1 Yogesh Aggarwal, 8 May 2020
    Last edited by a moderator: 8 May 2020
    The set of indicators will help you predict next weeks trade in advance after analysing the report which is analyed by this software. The report comes every week from cftc and can be analysed manually but its difficult to do that however it will be too much easy with this indicators to predict the next level of trade for the coming week. Cot report comes every friday midnight usa timings .

    The COT Indicator Suite for MetaTrader contains five indicators for displaying COT data directly onto your MetaTrader charts. There are three sets of indicators, one for each of the three report types (legacy, disaggregated and TiFF). The data is plotted weekly upon market open on Sunday night.


    COT Totals

    cot-totals.png

    The COT Totals indicator displays the raw position data from the COT report. The total long, total short and total spreading (simultaneous long and short positions, where applicable) positions are displayed by the indicator, as well as a line showing the net long/short positions.

    The position totals can be used as a discretionary tool to determine the proportion of long vs. short positions and the change over time.

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    COT Totals Inputs

    COT Graph

    cot-graph.png

    The COT Graph indicator displays the net long/short position for multiple trader classifications. At a glance, you can compare the bias of commercial vs. non-commercial traders in the market.

    By taking into account the positions held by various classifications of traders, you can confirm long-term market movements.

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    COT Graph Inputs

    COT Open Interest

    cot-open-interest.png

    The COT Open Interest indicator displays the open interest for a particular instrument. An increase in open interest can indicate momentum in that market.

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    COT Open Interest Inputs

    COT Index

    cot-index.png

    The COT Index indicator is based on a popular formula taught by Larry Williams and Steve Briese in their Commitment Of Traders books. A reading of 100 indicates a new high for the indicator period, while a reading of 0 indicators a new low.

    The COT Index is useful for locating price extremes, and can be used to indicate possible reversals.

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    COT Index Inputs

    COT Pair Index

    cot-pair-index.png

    The COT Pair Index is an indicator that is exclusive to the COT Indicator Suite and a very powerful tool to have at your disposal. It takes the net long/short positions of two instruments and attempts to track the combined movement of both instruments.

    Readings above 70 or below 30 indicate price extremes that signal an extended trend or a potential reversal zone. We believe that the COT Pair Index can track the long-term movements of a pair in a way that is easy to interpret at a glance and is unique to our indicator suite.

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    COT Pair Index Inputs


    https://clubbingbuy.com/threads/cot-indicator-suite-for-metatrader.2794/