OI Profile Pro SpaceManBTC

OI Profile Pro SpaceManBTC

The indicator provides a way to show the Open Interest Delta in relation to the price this occurs,
the increase and decrease will be reflected in the profile in a realtime display of the market providing trader insight as to what is occuring.

Users are granted options such as

• HVN - Auto detects areas of High Open Interest
  
• HVN/Liqs - Provides points of maximum likely liquidation areas
  
• Historic Highlight - to highligh previous liqudation interaction points
  
• Weighting - Determine profile weight relative to OI Delta
  
• Spread - New calculation metric for the profile
  

Users can select their margin manually else the Auto settings for margin will do its job based on the chart selected, perp vs usdt.
All settings are set to auto with spaceman recommended defaults.

Liquidation points can be useful for Targets when taking a trade.
HVN/OI. Can be used as S/R dynamically as well as the OI develops throughout the session.
Historic Highlighting can be used for backtesting and displaying probability of likelyness for a target to be hit.

ToDo:
Additional display options
Improve HVN Calculation for efficiency

Versionsinformation:

• Added Custom Liq Label Size
  
• Added Custom Liq Line Size
  
• Fixed Liq Label Text Coloring to sync with text color changes
  

Versionsinformation:

Optimized a lot for HVN/LIQS Mode