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Market / MetaTrader 4 / Indicators /
OandaX Open Interest
OandaX Open Interest
Download
Category: Indicators
Author: Andrei Trukhanovich
Published: 9 February 2017
Current version: 1.4
Updated: 14 February 2017
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Overview Reviews Comments (11) What's new

OandaX Open Interest

The OandaX product series is designed to display additional data on orders and
positions provided by the Oanda FxLabs service.

The OandaX Open Interest indicator is designed for displaying the open interest
based on the data from Oanda. That is, the indicator displays the relative number
of traders who have short or long positions on the instrument. Due to the fact that
the Oanda service does not provide absolute values of the traders' positions or
their absolute number, the value displayed by the indicator is the increase in the
number of traders relative to a certain initial time, counting always starts from
100.

For the constant update of data it is necessary for the OandaX Download Manager EA
to be running in the terminal. To display the previously downloaded data, the EA is
not required.

The history is available for 16 instruments: AUDJPY, AUDUSD, EURAUD, EURCHF,


EURGBP, EURJPY, EURUSD, GBPCHF, GBPJPY, GBPUSD, NZDUSD, USDCAD, USDCHF, USDJPY,
XAUUSD, XAGUSD. The minimum step of history data is 20 minutes, but depending on
the history depth the step can increase up to 24 hours, there can also be
unexpected gaps.

The data is downloaded and saved by UTC time, therefore, for the correct display of
the histogram time, set the correct time zone of your broker server relative to UTC
in the indicator settings (TimeOffset)
Indicator parameters

Use Custom Instrument - True, if you have non-standard instrument names or if


you need to display a histogram of another instrument on the chart;
Custom Instrument Name instrument name in the format of Oanda FxLabs. For
EURUSD - EUR_USD, for Gold, XAUUSD - XAU_USD, for Silver, XAGUSD - XAG_USD;
Server UTC Time Offset - time zone of your server relative to UTC
For iCustom - True, if you want to call the indicator from an expert advisor or
another indicator using the iCustom function. In this case, the indicator will not
be calculated in portions, but for the entire available history, therefore, it may
slow down the terminal for some time.

OandaX Open Interest

Video
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between Lows and Highs);
150 USD
Bermaui Deviation Percent
Or ( BD% ) ⭐⭐⭐⭐⭐ which is a volatility index that measures volatility in percent
rather than points. The idea of BD% is to make an index depending on the Classic
Standard Deviation (CSD) that moves between 0 and 100 percent. You can use BD% to
compare volatility for the same security in different time periods or different
time-frames. In addition, you can use BD% to compare volatility between different
securities in different markets in terms of percent rather than points. The idea
behind th
50 USD
TPA Sessions MT4
"TPA Sessions" indicator is a very important tool to complement "TPA True Price
Action" indicator . Did you ever wonder, why many times the price on your chart
suddently turns on a position you can`t explain? A position, where apparently no
support or resistance level, or a pivot point, or a fibonacci level is to identify?
Attention!!! The first run of the TPA Session indicator must be in the open
market for the lines to be drawn correctly. Please visit our blog to study actual
trades wi
50 USD
Pro Currency Strength Meter
Currency Strength Meters are a great way to identify strong and weak currencies.
With this CSM indicator attached to your chart, you will get a clear overlook over
the 8 major currencies: USD, EUR, JPY, CAD, CHF, GBP, AUD, and NZD. Suggested
timeframes to scan is: M15 - H1 - H4 - Daily You can however just change timeframe
to check in the settings. Bear in mind that scanning very low timeframes such as M1
will require a lot of resources and might make your mt4 terminal slow. The
strength s
129 USD
True Direction Oscillator
Or (TDO) ⭐⭐⭐⭐⭐ which is an index that measures the price rate of change using the
principle of " Pure Momentum ". When a security price advances from 10 to 15 then
the price rate of change is 150% but when it declines back from 15 to 10 then price
rate of change is 33.3% only. That is why technical analysis indicators like "Price
Rate of Change" (ROC) or "Momentum" gives higher readings for ascending price
movements than that given to descending ones. TDO fixes this problem to help
traders at
60 USD
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positions provided by the Oanda FxLabs service. The OandaX Download Manager EA is
included in the OandaX product series and is designed to download data for all
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Version 1.4 2017.02.14
Fixed a calculation error, which occurred when a large portion of history data was
missing

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