OPEN-SOURCE SCRIPT
COT Net Positions OTC
COT Net Positions Indicator Description
This is a TradingView Pine Script indicator that displays Commitment of Traders (COT) data for any trading instrument.
What it does:
Fetches COT Data - Uses the TradingView COT library to retrieve official CFTC (Commodity Futures Trading Commission) data for the current symbol
Calculates Net Positions for three trader categories:
Commercial (Blue) - Large hedging institutions; represents institutional long/short positioning
Non-Commercial (Yellow) - Large speculators and hedge funds; often considered "smart money"
Retail (Red) - Small individual traders; often considered contrarian indicators
Net Position Calculation - For each category:
Takes Long Positions minus Short Positions
Plots the result on a separate panel below the price chart
Special Symbol Handling - Includes custom mappings for specific commodities:
Copper (HG) → CFTC code 085692
Brazilian Real (LBR) → CFTC code 058644
Use Cases:
Market Bias Detection - See if institutions are mostly long or short
Contrarian Trading - When retail traders are extremely positioned one way, often the market reverses
Trend Confirmation - Non-commercial positioning often aligns with established trends
Support/Resistance - Extreme COT positions can signal market turning points
This is a TradingView Pine Script indicator that displays Commitment of Traders (COT) data for any trading instrument.
What it does:
Fetches COT Data - Uses the TradingView COT library to retrieve official CFTC (Commodity Futures Trading Commission) data for the current symbol
Calculates Net Positions for three trader categories:
Commercial (Blue) - Large hedging institutions; represents institutional long/short positioning
Non-Commercial (Yellow) - Large speculators and hedge funds; often considered "smart money"
Retail (Red) - Small individual traders; often considered contrarian indicators
Net Position Calculation - For each category:
Takes Long Positions minus Short Positions
Plots the result on a separate panel below the price chart
Special Symbol Handling - Includes custom mappings for specific commodities:
Copper (HG) → CFTC code 085692
Brazilian Real (LBR) → CFTC code 058644
Use Cases:
Market Bias Detection - See if institutions are mostly long or short
Contrarian Trading - When retail traders are extremely positioned one way, often the market reverses
Trend Confirmation - Non-commercial positioning often aligns with established trends
Support/Resistance - Extreme COT positions can signal market turning points
نص برمجي مفتوح المصدر
بروح TradingView الحقيقية، قام مبتكر هذا النص البرمجي بجعله مفتوح المصدر، بحيث يمكن للمتداولين مراجعة وظائفه والتحقق منها. شكرا للمؤلف! بينما يمكنك استخدامه مجانًا، تذكر أن إعادة نشر الكود يخضع لقواعد الموقع الخاصة بنا.
إخلاء المسؤولية
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
نص برمجي مفتوح المصدر
بروح TradingView الحقيقية، قام مبتكر هذا النص البرمجي بجعله مفتوح المصدر، بحيث يمكن للمتداولين مراجعة وظائفه والتحقق منها. شكرا للمؤلف! بينما يمكنك استخدامه مجانًا، تذكر أن إعادة نشر الكود يخضع لقواعد الموقع الخاصة بنا.
إخلاء المسؤولية
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.