COT Net Position (Indicator)

Disclaimer

Input Information

Name	Expression	Default	Description
FuturesOnly_Or_FuturesAndOptions_1_or_2	Numeric	1	Sets type of CFTC report data to use. 1="Futures Only" report, 2="Futures and Options" report

Market Synopsis

The COT (Commitments of Traders) Net Position indicator plots the net long/short OpenInterest positions for each group (commercial, non-commercial, and other speculative) of futures traders. It is the difference between the long and short positions held by each group. A positive number shows how many more long contracts are held by a particular group than short contracts. Conversely, a negative number shows how many more short contracts are held by a particular group than long contracts.

Net positions are calculated by taking the number of contracts that a group of traders is long and subtracting the number of contracts that same group of traders is short.  

Plot Information

Number	Name	Default Color	Description
Plot1	Comm	Blue	Plots the net position of commercial traders.
Plot2	NonComm	Light Green	Plots the net position of non-commercial traders.
Plot3	Spec	Red	Plots the net position of speculators (not of reportable size).
Plot4	Zero Line	Dark Green	Plots the zero line based on input parameter.

Remarks

See About COT Data in TradeStation for more information about using the fundamental COT data as part of your futures analysis.