This indicator appears to be a Futures Open Interest (OI) Analysis Tool designed to help traders understand market sentiment (long/short bias), cost of carry dynamics, and rollover behaviour. Below is a comprehensive description along with the formulas used:
🔍 What It Analyzes:
Price Change
Open Interest (OI) Data
Cost of Carry (COC)
Rollover Percentage
📊 Column Breakdown & Formulas:
Date: Trading date
Close: Spot close price
OI Cur: Open Interest of current month
OI Next: Open Interest of next month
COI: OI Cur + OI Next
COI Chg: ((Current COI - Previous COI) / Previous COI) × 100