This script was created by using Open Interest instead of Volume in the Market Facilitation Index. Thus, it can make a difference in the Future and CFD Markets. If your financial instrument is not from these markets, that is, if Open Interest is not used, you can choose Volume. You can set "FUTURES" and "OTHERS" from the menu.
If you use the Open Interest (FUTURES) option in the menu on 1W bars and defined Future markets, it will not repaint. This is the best use for Open Interests, as data is extracted from Quandl and CFTC COT reports are published once a week.
Color Change Rules :
In my version :
Green Bars = Green Fade Bars = Orange Fake Bars = Blue Squat Bars = Red
To show the difference in the presentation, both the Futures option using Open Interest and the Others option using Volume were published to compare. You can observe the difference.
Best regards.
版本注释
TV Pinescript v6 update
With LibraryCOT integration, the data access problem has been solved.