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Date/Time: Tue, 26 Nov 2024 22:34:38 +0000
[User Discussion] - Open Interest
View Count: 1635
| [2014-03-31 15:25:28] |
| Dom7364 - Posts: 257 |
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What does the study Open interest calclates exactly? It updates real-time, doesn't look like OI. Thanks |
| [2014-04-01 07:22:28] |
| User38215 - Posts: 14 |
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Just to add to the question, I have read the documentation relation to the OI, goes without saying, but it says it is an end of the day calculated figure, hence what is it exactly we are am getting on a bar per bar basis, other than "number of trades" maybe? Doesn't make much sense as there is a "number of trades" study, but I am trying to understand too what it actually does.
Date Time Of Last Edit: 2014-04-01 07:27:42
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| [2014-06-11 14:06:21] |
| Dom7364 - Posts: 257 |
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Is there any answer on this by the way? Clearly not open interest but what is it exactly? Number of trades?
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| [2014-06-11 15:41:03] |
| Sawtooth - Posts: 4120 |
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If you add the Number of Trades study, you'll see that the values are exactly the same as the Open Interest study. If you add a spreadsheet study, you'll see that column G is Number of Trades on an Intraday chart, and is Open Interest on an Historical chart, but the values are still equal to Number Of Trades. http://www.sierrachart.com/index.php?l=doc/doc_TechnicalStudiesReference.html#s10 The OI is a daily calculated number. Open Interest weekly calculation incorrect This is not much help, but it is what I've observed. |
| [2014-06-11 17:07:09] |
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Here is the documentation for Open Interest: http://www.sierrachart.com/index.php?l=doc/doc_TechnicalStudiesReference.html#s10 It can only be used on Historical Daily charts. Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing Date Time Of Last Edit: 2014-06-11 17:08:52
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