OPEN-SOURCE SCRIPT
已更新 DXY COT Commercial Net Positions
This script was created due to the lack of position of US Dollar Index Futures (DXY).
It is designed to perform a much more liquid and inclusive position analysis.
As the exponential ratios do not mean anything to positions, weights are used as multipliers instead of exponential functions.
Swedish Krona (SEK) Futures are not directly quoted in Quandl, therefore weighted in Euro / dollar parity.
By perceiving these positions as inverse correlations, you can also identify where the world economy is doing well.
COT Commercial Net Positions are calculated as (Short - Long) because of Commercials act according to the reverse of the market.
In this way, you can follow up normally instead of reverse correlation.
Because except in extreme cases, in which case capitals usually shift to Gold.
This is not the case, since there is no capital inflow to other currencies, it is not a strong sell position to the dollar index.
When there is a shift in bonds, we see the effect of the dollar in general.
I created for the Dollar Index in order not to deviate from the concept.
I wanted to share it with everyone as I thought that you have important clues about how investors take positions.
Modified currency weights :
Euro : % 61.8
Japanese Yen : % 13.6
British Pound : %11.9
Canadian Dollar : % 9.1
Swiss Franc : % 3.6
NOTE : You can use it for all instruments except crypto coins, especially US Dollar Index (DXY).
Since the COT data is taken, it will not repaint in 1 week (1W) timeframe.
The log can also be repaint according to the time of data publication.
It will repaint in lower time frames.
I hope it will help your analysis and your scripts,regards.
It is designed to perform a much more liquid and inclusive position analysis.
As the exponential ratios do not mean anything to positions, weights are used as multipliers instead of exponential functions.
Swedish Krona (SEK) Futures are not directly quoted in Quandl, therefore weighted in Euro / dollar parity.
By perceiving these positions as inverse correlations, you can also identify where the world economy is doing well.
COT Commercial Net Positions are calculated as (Short - Long) because of Commercials act according to the reverse of the market.
In this way, you can follow up normally instead of reverse correlation.
Because except in extreme cases, in which case capitals usually shift to Gold.
This is not the case, since there is no capital inflow to other currencies, it is not a strong sell position to the dollar index.
When there is a shift in bonds, we see the effect of the dollar in general.
I created for the Dollar Index in order not to deviate from the concept.
I wanted to share it with everyone as I thought that you have important clues about how investors take positions.
Modified currency weights :
Euro : % 61.8
Japanese Yen : % 13.6
British Pound : %11.9
Canadian Dollar : % 9.1
Swiss Franc : % 3.6
NOTE : You can use it for all instruments except crypto coins, especially US Dollar Index (DXY).
Since the COT data is taken, it will not repaint in 1 week (1W) timeframe.
The log can also be repaint according to the time of data publication.
It will repaint in lower time frames.
I hope it will help your analysis and your scripts,regards.
版本注释
- TV Pinescript v6 update
- With LibraryCOT integration, the data access problem has been solved.
- Since DXY net commercial positions can now be used, only that data has been captured.
The logic is the same as in this script:
This script has been updated using this great script posted by the_bald_angel:
开源脚本
本着TradingView的真正精神，此脚本的创建者将其开源，以便交易者可以查看和验证其功能。向作者致敬！虽然您可以免费使用它，但请记住，重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。