Monday, February 27, 2017

How to add to chart net position

How to add to the chart the net position indicator COT

COT reports allow us to determine the opinion of the professional market of the prevailing in the most important time frames. There are many ways to add an indicator of the net position (COT) on the price chart. In this article, we will discuss the most simple and intuitive.

Barchart.com

I learned about this resource about four years ago and tried a lot of sites, indicators and scripts, each time it is returned to the barchart.


COT indicator on barchart.com. Large speculators are buying euros (green arrow), hedgers - sell (red arrow).

net position indicator is built into the bottom of the screen. In this case, one of the most illustrative statistic display options for transactions of major players represented on the site. Please note that on the daily timeframe schedule net position is a step, not linear. This format allows the construction of immediately determine whether the next maximum is updated, or at least on the display. You do not need to stare at the screen or try to "stretch" the indicator window (by the way, it can not be done on the barchart).


COT indicator at barchart.com against timingcharts.com (line graph in the lower part of the figure)

The illustration above shows a comparison of step and linear version indicator display net position. Ctupenchaty schedule has more clarity, easy to use and saves a lot of time if a lot of financial instruments in your shopping list.

Full article

ADDITIONAL MATERIALS

  • Indicator of horizontal levels of support and resistance Levels Trading on the retreat from "A" to "Z"
  • The formula for calculating the optimum amount of the position


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