This script is an experimental indicator that visualizes the entering and exiting of long and short positions in the market. It also includes other useful tools, such as NL/NS Profile, NL/NS Delta, NL/NS Ratio, Volume Heatmap, Divergence finder, Relative Strength Index of Net Longs and Net Shorts, EMAs and VWMAs and more.
To avoid misinterpretation, it's...
This is an indicator I use in my trading to easily identify the commercial sentiment on Fx-pairs. The indicator show commercials net positions from the CFTC COT reports and also the rolling 3 year max and min