open interest indicator

Futures Charts - Technical Analysis Help

Open Interest Indicator

Description:

For Futures Markets only. Plots the number of open contracts of a given future.

Conventional Analysis:

An increase in Open Interest with an increase in price, confirms an upward trend. A decrease in Open Interest while prices are making new highs is often seen as a warning to a decline.

Technical Analysis Studies Available to you are:

• Bollinger Bands
• Commodity Channel Index (CCI)
• Directional Movement Index (DMI)
• Displaced Moving Average
• Envelope
• Exponential Moving Average
• Highest High / Highest Low
• High / Low Moving Average
• Historic Volatility
• Least Square Linear Regression
• Line Oscillator
• MACD
• Momentum
• Moving Average Lines
• Moving Standard Deviation
• Oscillator
• Wilder's Parabolic
• Larry Williams' Percent R
• Rate of Change
• Relative Strength Index (RSI)
• Slow Stochastic
• Stochastics
• Volume and Open Interest
• Variable Moving Average
• Weighted Close
• Williams' Accumulation / Distribution Index

You can adjust parameters of each indicator to suit you.