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To the best of my knowledge, the only built-in indicator in MetaStock
that uses OI directly is the HPI (Herrick Payoff Index). The formula
for this indicator can be found here:
http://www.aiqsystems.com/TradingforaLiving.htm#down2
-Ric Way
--- In equismetastock@xxxxxxxxxxxxxxx, "andy_davidson"
<andy_davidson@xxxx> wrote:
>
>
> Is anyone aware of any technical indicators/trading systems that
make direct
> use of the total open interest for a commodity? Am a big fan of
looking at
> the COT data, but wondering if there is something a bit less
cumbersome (and
> more time-sensitive) than manually extracting the COT data every
week and a
> bit more elegant than just seeing if the total OI is above/below its
> n-period moving average.
>
>
>
> Cheers
>
>
>
> Andy
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