OI Visible Range Ladder [Kioseff Trading]

28 Eki 2023

Hello!

This Script “OI Visible Range Ladder” calculates open interest profiles for the visible range alongside an OI ladder for the visible period!

Features

• OI Profile Anchored to Visible Range
  
• OI Ladder Anchored to Visible Range
  
• Standard POC and Value Area Lines, in Addition to Separated POCs and Value Area Lines for each category of OI x Price
  
• Configurable Value Area Targets
  
• Curved Profiles
  
• Up to 9999 Profile Rows per Visible Range
  
• Stylistic Options for Profiles
  

Up to 9999 volume profile levels (Price levels) can be calculated for each profile, thanks to the new polyline feature, allowing for less aggregation / more precision of open interest at price.



The image above shows primary functionality!

Green profiles = Up OI / Up Price
Yellow profiles = Down OI / Up Price
Purple profiles = Up OI / Down Price
Red profiles = Down OI / Down Price



The image above shows POCs for each OI x Price category!

Profiles can be anchored on the left side for a more traditional look.



The indicator is robust enough to calculate on “small price periods”, or for a price period spanning your entire chart fully zoomed out!

That’s about it :D

This indicator is Part of a series titled “Bull vs. Bear” - a suite of profile-like indicators.

Thanks for checking this out!

If you have any suggestions please feel free to share!