@@tradingnerd Thank you for the clarification. Although I use the concept to go against the retail every time they are at their extremes of bullishness and bearishness. Have a wonderful Day.
I will search for the indicator it is useful for sure...however I think you should add a column that aggregates the last net contracts values for lets say the last 12 reports or the last 3 month worth to see better how drastic of a change is being made in the Non-Commercials positions, just an idea
I've been using the COT since two months because I added fundamentals to my technicals. If I see COT net short for commercials and bearish forecasted news on forexfactory, I short 30m before the news? Thus far that strat has been super profitable. So I can't thank you enough for this indicator which removes extra effort to read these reports.
Some Charts of nasdaq and oil are working. They have all different ticker names that need to be manually added. You find the ticker name if you select the chart of the symbol, then got to the three dots (More) in the top left. And then select "Security Info ...". There I need the name. The text after the colon needs to be added to the f_get_ticker() function. Like 'USOIL' => 'CRUDE OIL'. If you tell me the name I can add it to the public version. Or you just do a copy of the code.
Hi is there any way to interpret the lines themselves when they are above or below the 50 line. because even in huge down move the line keeps being above the 50 line
It would probably require some kind of Normalization. For some pairs is the total traded volume of symbol A much larger than the one of symbol B (and therefore also the longs and shorts). If that's the case, the line might not be able to exceed a specific value. A quick way to fix this might just be to zoom out and find a value where lines are oscillating around, and draw a separate line.
I put this exact indicator on my trading view..yet all I see are straight horizontal lines on the indicator's chart ..no movement as if no data has been entered into it, however I do see the numeric data for commercials etc on the right as you have here. Please help
Hi TradingNerd, I saw COT data regarding positioning for Lithium Hydroxide on the CFTC legacy webpage. Question: Can you please make sure your indicator incorporates that stuff too, and all of the so-called monetary metals (i.e., gold, silver, platinium, palladium), and other metals and commodities. I love you. I don't trade FX though. Can you please also add an option to disable the summary box, because even though I like it, there will be times when I want to just have a linegraph OR histogram showing commercial, non-commercial, and non-reportables without the table getting in the way (especially true if I am relegated to only use my phone not PC as screen space is at a premium). Again, I love you kind Sir or Madam (probably a Sir).
Hey. I would need the exact ticker names, because they have all different ticker names that need to be manually added. You find the ticker name if you select the chart of the symbol, then got to the three dots (More) in the top left. And then select "Security Info ...". There I need the name. I need the text after the colon. If you tell me the name I can add it to the public version.
Yes, it uses this API: data.nasdaq.com/data/CFTC-commodity-futures-trading-commission-reports/documentation The complete code is also open source on TradingView.
Hello Trading Nerd. Thank you for this indicator. Are the commercial mirroring in the chart? Becuase I am seeing they are always in the opposite direction of the market
Is there a sentiment ior retio indicator to couple it with the COT so as traders we can find entry points on shorter timeframe for intra-day trading. Something like MACD but need something better than that to align it the COT data for short-term trading to last a day or two. It's a great indicator and the numbers are always matching with my COT data I have on my Spreadsheet. Thank you
I'm not quite sure what you mean by "all". The coded indicator only request forex data. It is also possible to request data for commodities, but that's currently not implemented.
It's designed for the forex market but some people (also from the TradingView community) want to use it for other markets. That's why I add some desired ticker symbols from time to time.
How come commercial are always opposite of non commercials how.Like How do commercial know non commercials are long then commercial goes short Vice versa ...Do they know each others position somehow
The statement follows from the assumption that retail traders are more likely to lose money on the market and also prefer to trade against the trend. Institutional traders do not know the positions of retail traders until the COT report is published.
I am happy that you like it. You can do this already: Go to Alerts > Create Alert > Set the first Condition to: Cot Report Indicator - Commercials, Set the type to 'Crossing', Set the second Condition to: Cot Report Indicator - Non-Commercials > Trigger: 'Once per bar close'
Can you explain tome how this work for non-USD pairings. Like is it the same thing for GBP-AUD? Does it add up all Longs and Shorts for GBP pairs and AUD Pairings??
Great work, thank you ❤️ Can you code all these data in the form of table as you did for recent data but can you do for all previous data in the form of table.
Thanks :) I thought about it during development, but came to the conclusion that it would be too much information on the screen. But you can use the TradingView replay tool to get the table from previous candles. In my opinion, this is a much cleaner option.
@@tradingnerd I understand but you can do atleast last 10-12 cot data in table format with small font, i think it will clearly show what institutional buyers are doing. It is a request
the indicator proposal is very good, but the data shown in the table is wrong, perhaps because the API is paid and the owner of the indicator is no longer paying, or I don't know how to interpret the information but taking into account the data from the cradle, these are wrong.
Hey Trading Nerd, are you able to add this indicator to charts like Wheat Futures, Coffee Futures, Cocoa Futures etc.? Name of wheat chart: CBOT:ZW1! Name of coffee chart: ICEUS:KC1! Name of cocoa chart: ICEUS:CC1!
Thank you so much for the COT indicator This just made my analysis much easier by having the COT net position data in my tradingview chart screen ALLAH AND GOD BLESS YOU BRO❤❤
Have you ever used COT data for your trading?
My question is this. I have built my own system around the concept but why who should we follow. Commercials or Non-commercials?
Like I showed at the end of the video. You can use the commercial data to detect trend reversals and the non-commercials for trend following.
@@tradingnerd Thank you for the clarification. Although I use the concept to go against the retail every time they are at their extremes of bullishness and bearishness. Have a wonderful Day.
I will search for the indicator it is useful for sure...however I think you should add a column that aggregates the last net contracts values for lets say the last 12 reports or the last 3 month worth to see better how drastic of a change is being made in the Non-Commercials positions, just an idea
I've been using the COT since two months because I added fundamentals to my technicals. If I see COT net short for commercials and bearish forecasted news on forexfactory, I short 30m before the news? Thus far that strat has been super profitable. So I can't thank you enough for this indicator which removes extra effort to read these reports.
Hey, please check the indicator on trading view. It has a bug error and not currently working. Thanks
Great piece of work. Your skills and ability to create this app is recognized and appreciated. thanks for sharing this with me.
When will you add the COT report of nasdaq and oil to the COT Report Indicator?
Some Charts of nasdaq and oil are working. They have all different ticker names that need to be manually added.
You find the ticker name if you select the chart of the symbol, then got to the three dots (More) in the top left. And then select "Security Info ...". There I need the name. The text after the colon needs to be added to the f_get_ticker() function. Like 'USOIL' => 'CRUDE OIL'.
If you tell me the name I can add it to the public version. Or you just do a copy of the code.
does cot indicator work on weekends for pairs like EURUSD? i am not seeing any input besides the numeric values on the right pane
hi there, does it matter what time frame this indicator is on? thanks
does it work on Nasdaq?
REALLY THIS IS VIDEO I UNDERSTAND ❤❤❤❤
Thank you for this wonderful indicator
Hi is there any way to interpret the lines themselves when they are above or below the 50 line. because even in huge down move the line keeps being above the 50 line
It would probably require some kind of Normalization. For some pairs is the total traded volume of symbol A much larger than the one of symbol B (and therefore also the longs and shorts). If that's the case, the line might not be able to exceed a specific value.
A quick way to fix this might just be to zoom out and find a value where lines are oscillating around, and draw a separate line.
I put this exact indicator on my trading view..yet all I see are straight horizontal lines on the indicator's chart ..no movement as if no data has been entered into it, however I do see the numeric data for commercials etc on the right as you have here. Please help
The values are only updated once a week. If you use an intraday chart (or even a daily chart), you will see the same value for several candles.
Thank you Trading Nerd,in fact I loved the indicator on trading view before I saw this video❤❤❤
Not only can you create great videos, but you also created a great indicator. Thank you
Hi TradingNerd, I saw COT data regarding positioning for Lithium Hydroxide on the CFTC legacy webpage. Question: Can you please make sure your indicator incorporates that stuff too, and all of the so-called monetary metals (i.e., gold, silver, platinium, palladium), and other metals and commodities. I love you. I don't trade FX though.
Can you please also add an option to disable the summary box, because even though I like it, there will be times when I want to just have a linegraph OR histogram showing commercial, non-commercial, and non-reportables without the table getting in the way (especially true if I am relegated to only use my phone not PC as screen space is at a premium).
Again, I love you kind Sir or Madam (probably a Sir).
Sehr aufwendiges Video. Anständiges Script. Sehr gut.
Tnx for the indicator sir❤
Hello my friend, can you add Nas and es futures on your indicator.. i can't get data in future when I open indicator. Thanks
Hey.
I would need the exact ticker names, because they have all different ticker names that need to be manually added.
You find the ticker name if you select the chart of the symbol, then got to the three dots (More) in the top left. And then select "Security Info ...". There I need the name. I need the text after the colon.
If you tell me the name I can add it to the public version.
ES
E-mini S&P 500 futures
NQ
E-mini Nasdaq-100 futures
great content!i have a question,did you use api to connect all the data into it?
Yes, it uses this API: data.nasdaq.com/data/CFTC-commodity-futures-trading-commission-reports/documentation
The complete code is also open source on TradingView.
How to calculate the long ang short percentage?
long percentage = long / (long + short) * 100
short percentage = short / (long + short) * 100
my chart not working. its shows the future and options.
great work,thank you
wow thanks a lot I use your indicator a lot it is really nice
Hello Trading Nerd. Thank you for this indicator. Are the commercial mirroring in the chart? Becuase I am seeing they are always in the opposite direction of the market
Is there a sentiment ior retio indicator to couple it with the COT so as traders we can find entry points on shorter timeframe for intra-day trading. Something like MACD but need something better than that to align it the COT data for short-term trading to last a day or two. It's a great indicator and the numbers are always matching with my COT data I have on my Spreadsheet. Thank you
Can i use the indicator on US30 and if not why isn't it possible ?
beautiful educational content
Do we get all cot data automatically?
I'm not quite sure what you mean by "all". The coded indicator only request forex data. It is also possible to request data for commodities, but that's currently not implemented.
Thank you for your hard work. you won a sub from me♥♥♥
work only in forex market ?
It's designed for the forex market but some people (also from the TradingView community) want to use it for other markets. That's why I add some desired ticker symbols from time to time.
How come commercial are always opposite of non commercials how.Like How do commercial know non commercials are long then commercial goes short Vice versa ...Do they know each others position somehow
The statement follows from the assumption that retail traders are more likely to lose money on the market and also prefer to trade against the trend.
Institutional traders do not know the positions of retail traders until the COT report is published.
Hey, can you add some Indizes to your indicator? For example the German 40 and some Europeans
Nice indicator. Could you make a alert when the commercial and institutional line cross each other ?
I am happy that you like it. You can do this already:
Go to Alerts > Create Alert > Set the first Condition to: Cot Report Indicator - Commercials, Set the type to 'Crossing', Set the second Condition to: Cot Report Indicator - Non-Commercials > Trigger: 'Once per bar close'
@@tradingnerd thanks my friend, iam surprise how accurate is . Do you use a mathematical formula or do you pass them as they are from the site?
@@Nikolas____ It uses the formulas shown in the video.
The best video of the year
this is just my stuff from the 1980s-90s with no credit I was using writing about it before Nerd was born! Larry Williams
Can you explain tome how this work for non-USD pairings. Like is it the same thing for GBP-AUD? Does it add up all Longs and Shorts for GBP pairs and AUD Pairings??
Yes, it is the same calculation. Only with GBP as the base currency and AUD as the quote currency.
Great work, thank you ❤️
Can you code all these data in the form of table as you did for recent data but can you do for all previous data in the form of table.
Thanks :)
I thought about it during development, but came to the conclusion that it would be too much information on the screen. But you can use the TradingView replay tool to get the table from previous candles. In my opinion, this is a much cleaner option.
@@tradingnerd I understand but you can do atleast last 10-12 cot data in table format with small font, i think it will clearly show what institutional buyers are doing.
It is a request
I will have a look at it when I have time.
@@tradingnerd you did it bro ?
does this work with bitcoin cme futures?
Yes! On a BTCUSD chart it will request the Bitcoin (CME) data. In the settings you can select 'Futures Only' or 'Futures and Options'
the indicator proposal is very good, but the data shown in the table is wrong, perhaps because the API is paid and the owner of the indicator is no longer paying, or I don't know how to interpret the information but taking into account the data from the cradle, these are wrong.
Hey Trading Nerd, are you able to add this indicator to charts like Wheat Futures, Coffee Futures, Cocoa Futures etc.?
Name of wheat chart: CBOT:ZW1!
Name of coffee chart: ICEUS:KC1!
Name of cocoa chart: ICEUS:CC1!
The gold is not working on your indicator
If you tell me the exact Symbol name and exchange I can check it out and fix it.
@@tradingnerd it's XAUUSD
If you pull up the XAUUSD the the commercial and non commercial on gold is showing up
fixed
@@tradingnerd It's now working thank you so much
there's a problem with your indicator commercial is not showing
There is an option to activate/deactivate the commercial data. Please check the settings of the indicator. Maybe that's the reason.
More vedio on cot
better only using non-comercials(instutional) line
Thank you so much for the COT indicator
This just made my analysis much easier by having the COT net position data in my tradingview chart screen
ALLAH AND GOD BLESS YOU BRO❤❤
🔥
hey i get runtime error on gold futures, can you help ? i use GC1! future charts COMEX