COT Net Positions by Luis Trompeter

COT Net Positions by Luis Trompeter visualizes the net positioning of different trader groups based on the weekly Commitments of Traders (COT) reports published by the CFTC every Friday.
The indicator processes the raw COT data by calculating Long positions minus Short positions for each trader category. This results in the net position of every group per report.

The script then plots these net positions continuously over time, based on every available COT release. This creates a clear and easy-to-read visualization of how different market participants are positioned.

The indicator displays the three primary COT categories:
• Commercials
• Non-Commercials
• Non-Reportables

By observing how these trader groups shift their positioning, traders can better understand market sentiment and identify potential directional biases or changes in underlying market pressure.

This tool is designed to help traders incorporate positioning data into their analysis and to better interpret how institutional and speculative flows evolve over time.

This indicator is intended to be used exclusively on the weekly timeframe.
COT data is published once per week by the CFTC and therefore only updates weekly.
Using this script on lower timeframes may result in misleading visualization or irregular spacing between data points.
For correct interpretation, please apply it on 1W charts only.