CoT_MK_WillCo_Index

The WillCo MK Index (Commercials, volume-adjusted) is a weekly oscillator that measures how strongly Commercial traders are positioned relative to total market size (Open Interest). It calculates the net Commercial position (Long minus Short), divides it by Open Interest to normalize for market volume, then scales that ratio to a 0–100 range over a user-defined lookback period (default 26 weeks). Readings near 100 indicate exceptionally strong Commercial net-long exposure (bullish extreme), while readings near 0 reflect heavy Commercial shorting or lack of longs (bearish extreme). Traders use WillCo MK to spot potential turning points by following smart-money extremes that often anticipate price reversals.

版本注释

The quantile (percentile) calculation is now always performed on a weekly basis, regardless of the chart timeframe.

版本注释

Fixed: The WillCo Index now correctly displays the value for the completed week on the corresponding week in the chart. Previously, the value was shifted by one week, showing last week’s percentage for the current week. This issue is now resolved for the weekly chart.

Note: On daily or lower timeframes, TradingView always displays the last completed weekly value for all days of the current week.

版本注释

The WillCo Index now uses daily CoT data, so weekly values are always up to date and match the latest official CoT report without any lag or shift.

受保护脚本

此脚本以闭源形式发布。但是，您可以自由使用它，没有任何限制 — 在此处了解更多信息。

M_Kawaletz

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。

受保护脚本

此脚本以闭源形式发布。但是，您可以自由使用它，没有任何限制 — 在此处了解更多信息。

M_Kawaletz

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。