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Open Interest intra-day?


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  #1 (permalink)
 
xtrader's Avatar
 xtrader 
Chicago,IL USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: NinjaTraderBrokerage CQG continuum
Trading: ES,YM,NQ
Posts: 23 since Oct 2010
Thanks Given: 16
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Does anyone ever wonder about open interest in futures markets not being displayed intra-day? Tradestation has it, what is NT problem? I consider open interest a key element of volume structure. Are contracts being held or rotated (liquidity), inventory. How much of the market contracts are held by big traders? NT prides itself in futures yet fails here in a fundamental trading platform way. Maybe this would make things too easy?


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  #3 (permalink)
 tpredictor 
North Carolina
 
Experience: Beginner
Platform: NinjaTrader, Tradestation
Trading: es
Posts: 644 since Nov 2011


Tradestation is just displaying up/down tick/volume for intraday timescales according to their documents. See "EasyLanguage Reserved Words Related to Ticks, Volume & Open Interest" in TS manual, and/or see the explanation from the MC below. It looks like there might be a website that has true open interest updated throughout the day, reference the previous thread on topic.


https://www.multicharts.com/trading-software/index.php/OpenInt


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  #4 (permalink)
 
xtrader's Avatar
 xtrader 
Chicago,IL USA
 
Experience: Intermediate
Platform: NinjaTrader
Broker: NinjaTraderBrokerage CQG continuum
Trading: ES,YM,NQ
Posts: 23 since Oct 2010
Thanks Given: 16
Thanks Received: 5

TS has an indicator called OI and it will load intra-day.


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