Open Interest NT - NinjaTrader | futures io social day trading
futures io futures trading


Open Interest NT
Updated: Views / Replies:10,400 / 22
Created: by webart Attachments:6

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 6  
 
Thread Tools Search this Thread
 

Open Interest NT

  #1 (permalink)
Elite Member
Australia
 
Futures Experience: Intermediate
Platform: NT
 
Posts: 106 since Apr 2010
Thanks: 48 given, 84 received

Open Interest NT

Does anyone know any way at all to get Open Interest data into NT7 ?

If not what charting application supports it (along with the ability to backtest).

Reply With Quote
 
  #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.

 
  #3 (permalink)
Elite Member
Berlin, Europe
 
Futures Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker/Data: Interactive Brokers
Favorite Futures: Keyboard
 
Fat Tails's Avatar
 
Posts: 9,653 since Mar 2010
Thanks: 4,226 given, 25,602 received
Forum Reputation: Legendary


What open interest data are you referring to? Daily open interest as published by the exchange? What is your data source?


webart View Post
Does anyone know any way at all to get Open Interest data into NT7 ?

If not what charting application supports it (along with the ability to backtest).


Reply With Quote
 
  #4 (permalink)
Elite Member
Australia
 
Futures Experience: Intermediate
Platform: NT
 
Posts: 106 since Apr 2010
Thanks: 48 given, 84 received

Open interest for futures contracts. I have Zenfire and IB. I asked Zenfire and they said they supply it in there feed and to use the Ninja open interest indicator, but I couldn't find it, and I ask NT support and they said they don't support it ... so I thought maybe there is some addon.

I really need to be able to back test with it.

Reply With Quote
 
  #5 (permalink)
Elite Member
Berlin, Europe
 
Futures Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker/Data: Interactive Brokers
Favorite Futures: Keyboard
 
Fat Tails's Avatar
 
Posts: 9,653 since Mar 2010
Thanks: 4,226 given, 25,602 received
Forum Reputation: Legendary

Am I missing something here?

This is my knowledge, if you know better, please comment:

(1) Open Interest for futures is only available after the close and is published via a daily report.
(2) I am not aware of any source of intraday real-time open interest for futures.
(3) Some exchanges have an offer for their clearing members to download options open interest every ten or twenty minutes. Consider open interest as a sort of balance sheet at a given moment.
(4) Zenfire data is mainly intraday data, NT cannot display daily data of Zenfire. So if Zenfire cannot display daily data, what do you want with daily open interest from Zenfire?

So you want to do a backtest with daily data using open interest from Zenfire? I am afraid that I still do not understand, what you are looking for...

Reply With Quote
The following 2 users say Thank You to Fat Tails for this post:
 
  #6 (permalink)
Elite Member
Australia
 
Futures Experience: Intermediate
Platform: NT
 
Posts: 106 since Apr 2010
Thanks: 48 given, 84 received

ok, in my Bible, the Encylclopedia of Trading Stategies, the only system that they tested that worked (use their criteria for 'work') was one that used open interest and the results in their words where 'Stella'.

They where trading daily. So how can I get daily Open interest data into NT (or another trading platform) and start backtesting ?

thx

Reply With Quote
 
  #7 (permalink)
Market Wizard
virginia
 
Futures Experience: Intermediate
Platform: ninja
Favorite Futures: ES
 
cory's Avatar
 
Posts: 5,220 since Jun 2009
Thanks: 628 given, 6,318 received
Forum Reputation: Legendary

CME report it
Volume & Open Interest

Reply With Quote
The following user says Thank You to cory for this post:
 
  #8 (permalink)
Elite Member
Berlin, Europe
 
Futures Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker/Data: Interactive Brokers
Favorite Futures: Keyboard
 
Fat Tails's Avatar
 
Posts: 9,653 since Mar 2010
Thanks: 4,226 given, 25,602 received
Forum Reputation: Legendary

If you look for charting programs that can display daily data with open interest, there are two that I know (you need to register, but it is free)

- TradeSignal : www.tradesignalonline.com (easy to use)
- VisualChart: www.visualchart.com (more options, but confusing)

However, I do not think that this can be used for a strategy using open interest. If you are really serious about this, you would want to have a look at something like CSI Data and the software that uses it. You would want to have acces to total open interest (all contract months combined) and single contract open interest.

I am not aware to what extent TradeStation has appropriate data.

Also you would want to use COT data. These are only published once per week, but this would be good enough to use as a filter for your strategy. COT data show open interest separately for groups of traders. The categories have been recently expanded for commodities, so they now include swap dealers and managed money along with the long time reported commercials, large and small traders.

Here are some resources for COT-Reports.

Commitments of Traders - CFTC
CommitmentsOfTraders.ORG | Shining a little light on large trader maneuvers in US futures markets.
CoT Charts
COTCollector Home Page



webart View Post
ok, in my Bible, the Encylclopedia of Trading Stategies, the only system that they tested that worked (use their criteria for 'work') was one that used open interest and the results in their words where 'Stella'.

They where trading daily. So how can I get daily Open interest data into NT (or another trading platform) and start backtesting ?

thx


Attached Thumbnails
Open Interest  NT-example1.jpg   Open Interest  NT-example2.jpg  

Last edited by Fat Tails; April 30th, 2010 at 03:11 AM.
Reply With Quote
The following 5 users say Thank You to Fat Tails for this post:
 
  #9 (permalink)
Elite Member
Australia
 
Futures Experience: Intermediate
Platform: NT
 
Posts: 106 since Apr 2010
Thanks: 48 given, 84 received

Thank you very much for the information. I'll look further into it.

So much for the guy at AMP (Zenfire) telling me to turn on the indicator in NT !

Reply With Quote
 
  #10 (permalink)
Just starting out...
Toronto
 
Futures Experience: Intermediate
Platform: NinjaTrader
 
Posts: 8 since Aug 2010
Thanks: 0 given, 2 received

Realtime Open Interest can be found in TradeStation8


Real-time Open Interest can be found in TradeStation8, today i connected OwnData2.7+IB with TradeStation8, there is "OPENINT" standing for Open Interest in TradeStation8. I can write a Easy-Language indicator to show Open Interest as following:
========Start of ShowOpenInt Indicator============
[LegacyColorValue = true];

{
***** Study name: 'Show OpenInt'
}
{ ***** DLLs Section ***** }
{ ***** INPUTs Section *****}
Inputs: Length(28),upColor(green), dnColor(magenta);
{ ***** VARs Section ***** }
Variables: openintAvg(0);
{ ***** ARRAYs Section *****}
{ ***** CODE Section ***** }

openintAvg = xaverage (OPENINT, Length);

Plot4(OPENINT, "OpenInt");
Plot5(openintAvg, "Avg");
========End of ShowOpenInt Indicator============


Attached is the picture of TradeStation8 with ShowOpenInt indicator.

Best Regards,
51friend


Fat Tails View Post
This is my knowledge, if you know better, please comment:

(1) Open Interest for futures is only available after the close and is published via a daily report.
(2) I am not aware of any source of intraday real-time open interest for futures.
(3) Some exchanges have an offer for their clearing members to download options open interest every ten or twenty minutes. Consider open interest as a sort of balance sheet at a given moment.
(4) Zenfire data is mainly intraday data, NT cannot display daily data of Zenfire. So if Zenfire cannot display daily data, what do you want with daily open interest from Zenfire?

So you want to do a backtest with daily data using open interest from Zenfire? I am afraid that I still do not understand, what you are looking for...


Attached Thumbnails
Open Interest  NT-ibes.jpg  
Reply With Quote
The following user says Thank You to 51friend for this post:

Reply



futures io > > > > Open Interest NT

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Trading Sites of Interest tigertrader Traders Hideout 4 September 25th, 2011 03:31 AM
Interest in MultiCharts Indicators NMTrader MultiCharts 13 June 8th, 2011 08:03 AM
Determining Areas of Interest EDGE Elite Automated Trading 1 March 5th, 2011 07:14 PM
Volitility indicator question - Open - Open / open - close / close to open andresimon NinjaTrader 2 September 27th, 2010 01:33 AM
Open Interest toulouse-lautrec NinjaTrader 0 September 4th, 2009 05:58 PM


All times are GMT -4. The time now is 08:03 PM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-12-15 in 0.14 seconds with 20 queries on phoenix via your IP 54.163.61.66