This script is an all-in-one indicator that uses aggregated Open Interest data to plot OI candles, Open Interest Delta, OI x rVOL, and OI RSI. It also includes tools such as an OI Distribution profile, large OI increase/decrease coloring, a Stats Screener, and much more.
You can select and have the script plot the following: - Open Interest in the form of OHLC candles - Open Interest Delta in the form of a histogram - Open Interest x Relative Volume in the form of a histogram - Open Interest RSI in the form of a line
Additional features include: - OI Distribution Profile (It shows the distribution of open interest in the visible range on y axis. This makes it easier to identify when Open Interest is relatively high or low and at which values most of the action took place) - Stats screener (The screener includes the real-time net Open Interest value, Rekt Longs/Rekt Shorts based on large OI decreases and Aggressive Longs/Shorts based on large OI increases) - Coloring (You can color OI Delta nodes, background and chart candles based on large OI increases/decreases) - more
Instructions for the settings will be provided in the tooltips shortly.
Full credit goes to KioseffTrading for the profile generation code.