PROTECTED SOURCE SCRIPT
COT - Extreme Zones (Auto + FX/Metals/Crypto Dropdown)
This indicator turns COT positioning into an easy-to-read oscillator that helps you track when market participants may be reaching positioning extremes.
It pulls Commercial Long/Short and Non-Commercial Long/Short from COT reports, computes their net positions, and builds a divergence series (Commercial Net – Non-Commercial Net). That divergence is then normalized into a 0–100 index using a rolling Min/Max window (52/156/260 weeks are common choices).
Why it’s useful
COT extremes can highlight when positioning becomes one-sided. This tool helps you spot those moments quickly via clear, color-coded extreme zones—ideal for timing watchlists, mean-reversion setups, or adding context to trend trades.
Modes
Auto (chart): maps the correct COT/CFTC code automatically from the current chart symbol
Dropdown selection: choose major FX currencies and (where available) Gold (XAU), Silver (XAG), and Bitcoin (BTC)
Extras
Adjustable extreme thresholds (default 80/20)
Optional raw divergence in the data window
Optional on-chart label showing the selected CFTC mapping
It pulls Commercial Long/Short and Non-Commercial Long/Short from COT reports, computes their net positions, and builds a divergence series (Commercial Net – Non-Commercial Net). That divergence is then normalized into a 0–100 index using a rolling Min/Max window (52/156/260 weeks are common choices).
Why it’s useful
COT extremes can highlight when positioning becomes one-sided. This tool helps you spot those moments quickly via clear, color-coded extreme zones—ideal for timing watchlists, mean-reversion setups, or adding context to trend trades.
Modes
Auto (chart): maps the correct COT/CFTC code automatically from the current chart symbol
Dropdown selection: choose major FX currencies and (where available) Gold (XAU), Silver (XAG), and Bitcoin (BTC)
Extras
Adjustable extreme thresholds (default 80/20)
Optional raw divergence in the data window
Optional on-chart label showing the selected CFTC mapping
Script protegido
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As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Script protegido
Esse script é publicada como código fechado. No entanto, você pode gerenciar suas escolhas de bate-papo. Por favor, abra suas Configurações do perfil
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.