Open Interest with Heikin Ashi candles
A simple modification of the Tradingview free script of futures Open Interest to Heikin Ashi candles. It displays the volume of the Open Interest futures contracts by applying the HA formula.
I use it to clear out the "noise" of up's and down's especially in intraday small time frames when I am scalping in crypto.
Background color can be turned on/off.
Just to give back a little something to a community that gave me A LOT!
Let me know what you think and if you need anything to add.
Have fun :)
P.S. The way I use it is to try to find traps in the market and take (fast) advantage of them. When the OI are going up really fast in small time frames (which means either longs or shorts are going up) this creates a good opportunity for a squeeze (the trap).
Of course I use other indicators/oscillators to determine that but it gets me on my toes to look for... something ;)
I use it to clear out the "noise" of up's and down's especially in intraday small time frames when I am scalping in crypto.
Background color can be turned on/off.
Just to give back a little something to a community that gave me A LOT!
Let me know what you think and if you need anything to add.
Have fun :)
P.S. The way I use it is to try to find traps in the market and take (fast) advantage of them. When the OI are going up really fast in small time frames (which means either longs or shorts are going up) this creates a good opportunity for a squeeze (the trap).
Of course I use other indicators/oscillators to determine that but it gets me on my toes to look for... something ;)