Commitment of Traders: Total

2022년 1월 17일

█ OVERVIEW

This indicator displays the Commitment of Traders (​COT) totals data for futures markets.


█ CONCEPTS

Commitment of Traders ​(​COT) data is tallied by the Commodity ​Futures Trading Commission (CFTC), a US federal agency that oversees the trading of derivative markets such as futures in the US. It is weekly data that provides traders with information about open interest for an asset. The CFTC oversees derivative markets traded on different exchanges, so ​COT data is available for assets that can be traded on CBOT, ​CME, NYMEX, COMEX, and ICEUS.

A detailed description of the COT report can be found on the CFTC's website.

COT data is separated into three notable reports: Legacy, Disaggregated, and Financial. This indicator presents specific data from the COT Legacy report. The Total data details the positions held by various traders: Commercial Hedgers (traders registered with CFTC that use futures contracts in that particular commodity for hedging), Large Traders (traders registered with CFTC that do not hedge that particular commodity) and Small Traders (not registered with CFTC).

Our other COT indicators are:
 • Commitment of Traders: Legacy Metrics
 • Commitment of Traders: Disaggregated Metrics
 • Commitment of Traders: Financial Metrics


█ HOW TO USE IT

Load the indicator on an active chart (see here if you don't know how).

By default, the indicator uses the chart's symbol to derive the COT data it displays. You can also specify a CFTC code in the "CFTC code" field of the script's inputs to display COT data from a symbol different than the chart's.

The rest of this section documents the script's input fields.

COT Selection Mode
This field's value determines how the script determines which COT data to return from the chart's symbol:
- "Root" uses the root of a futures symbol ("ES" for "ESH2020").
- "Base currency" uses the base currency in a forex pair ("EUR" for "EURUSD").
- "Currency" uses the quote currency, i.e., the currency the symbol is traded in ("JPY" for "TSE:9984" or "USDJPY").
- "Auto" tries all modes, in turn.
If no COT data can be found, a runtime error is generated.
Note that if the "CTFC Code" input field contains a code, it will override this input.

Futures/Options
Specifies the type of Commitment of Traders data to display: data concerning only Futures, only Options, or both.

Display
Determines the direction of the metrics requested from the CTFC report.

CTFC Code
Instead of letting the script generate the CFTC COT code from the chart and the "COT Selection Mode" input when this field is empty, you can specify an unrelated CFTC COT code here, e.g., 001602 for wheat futures.



Look first. Then leap.

2022년 1월 17일

릴리즈 노트

v2
Added comments.

2022년 3월 28일

릴리즈 노트

Minor update to import the latest version of "LibraryCOT"

9월 16일

릴리즈 노트

v3

This version release features the following updates:

• Expanded COT code coverage: This indicator now imports the latest LibraryCOT version, which uses dynamic requests and a map containing an expanded list of current CFTC COT report codes. These changes allow the indicator to retrieve available COT data for a broader range of symbols.

• Improved tooltips: We've expanded the tooltips in the "Settings/Inputs" tab to provide more detailed information about how each input works and how to use it.

• Enhanced errors: We've improved error-handling behaviors and added clearer, more informative error messages for incorrect configurations and unavailable data feeds.

• Ticker info visibility: The indicator now displays the table containing the COT ticker information in the bottom-right corner to ensure visibility in any pane location.