Analyze trends with 4 new indicators: Open Interest (OI) & Change in OI

Hey folks! :waving_hand:

To make your trading experience better and staying informed about your trading decisions - we’re now introducing Open Interest as an Indicator.

:sparkles: Get the insights you’ve been looking for with our new Open Interest Indicator. These highly requested indicators plots open interest and change in OI as a line chart, directly below your main chart’s candles, allowing for easy analysis with time.


:one: Open Interest & Change in OI Indicator

You can add these indicators using the usual indicators button the TV charts. Pretty straight forward! This helps in visualizing the trends like build-ups and coverings when compared to the price movements of the underlying scrip.

Open interest indicator also comes with an SMA field where you can estimate and gauge movement precisely.

OI and COI can be plotted on any futures and options contracts, helping you analyze trends better. Here’s an example.


:two: Multi Open Interest & Multi Change in OI Indicator

By multi, it means that this indicator supports multiple symbols in the same indicator pane. You can use this indicator to spot the movement and opportunities in multiple strikes in a single view.

Simply add the symbols you want to keep an eye on and see them in action! You can add upto 5 symbols at once. Here’s an example how you can add symbols.


Multi Open Interest Indicator


Multi Change in Open Interest Indicator


We would love to hear what you think about this one.

Ps: OI profile and build-up coming soon! :fire:

Best,
Mohit
Team Upstox

can you provide overlapping indicator of moving average on some indicator like you have given on rsi, and can you provide moving average on option delta