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).
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.
oh my god! I'm way too excited about this! Been dying to get this indicator for a while. Thank you. Thank you
Roybatty1999
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Why only weekly data? Daily data are also provided from CME...
paolo57
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Hello there ! I do love to perform analysis with these scripts ! I got knowledge about it recently, exploring the available scripts on the matter.
I would love it even more should be possible to get better data for some ticker :) that is now not yet well managed into these Trading view scripts. I mean that the most of the ticker returns data for the appropiate issue, using the COT Selection mode "Auto" but I got wrong CFTC Code for some futures. I believe you guys would be able to solve easily, many thanks !!
Here the list of futures with bad COT Ticker I've found so far both in Commitment of Traders: Total and into Commitment of Traders: Legacy TradingView scripts : HG1! - RS1! - MLE1! - FMLE1!- LTH1! - ZNC1! - A381! - UX1! - NICKEL1! - TT1! - XAK1! - XAB1! - XAR1! - BIO1!
The returned CFTC code for these issues is 098662 USD INDEX .... open to review, prodvide more info and check more, thank you !!!
TestaTrade
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COT data from the CFTC is currently up to date however it seems the COT total indicator from TradingView is not captering this. Please help and urgent fix.
variusz96ea62c99d744642
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seems like the COT total indicator is not capturing the latest cot data ? any one can help ?
wyne97wayne
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Which day and a t which hour data is being uploaded for prevoius week?
MichaelGfx
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using this indicator how can you determine if the symbol is bullish or bearish according to COT?
NegativeIQTrader
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can you pleaase put a sample code for plotting commercial longs or commercial shorts without the input.string function. pleasee!!
bsch3245
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Hello! It seems like the script cannot recognize the root "ES1!". Could you advise please? Thank you.