TradersList

Join

TradersList

About

Join

From TradersList Editors

Gain valuable market insights and enhance your trading strategy by visualizing speculators' and traders' positioning in futures markets.

NinjaTrader Indicator

COT Index Indicator for NinjaTrader: Commercial and Speculator Positioning from CFTC Data

NinjaTrader price chart displaying the COT Index Comms & Spec NT8 indicator visualizing Commitments of Traders data for commercial hedgers and large speculators

by NinjaTrader_Gaby on NinjaTrader

🤖

Indicator

🤖

NinjaTrader

Statistics

COT Index Comms & Spec NT8

COT Index Comms & Spec NT8 is a NinjaTrader indicator that aggregates futures traders' positions using the COT index, providing data on positioning and sentiment.

Get on NinjaTrader

This indicator is available on NinjaTrader charting platform. Signing up for a free account and downloading NinjaTrader software is required.

Get on NinjaTrader

This indicator is available on NinjaTrader charting platform. Signing up for a free account and downloading NinjaTrader software is required.

🔑

Open Source

Listing has publically available source code that can be audited and modified as needed.

🔑

Open Source

Listing has publically available source code that can be audited and modified as needed.

💸

Free Access

All features of this listing are fully free to use with no pricing tiers. Simply start using.

💸

Free Access

All features of this listing are fully free to use with no pricing tiers. Simply start using.

✅

Robust Theory

Concepts and theories mentioned in listing are based on generally approved and well established notions.

✅

Robust Theory

Concepts and theories mentioned in listing are based on generally approved and well established notions.

🌐

Commitments of Traders Data on Your Chart

The COT Index aggregates positioning data from the CFTC's weekly Commitments of Traders report, which breaks down how commercial hedgers, large speculators and small traders are positioned in futures markets. This indicator brings that data directly into NinjaTrader, eliminating the need to manually parse government reports.

Commercial vs. Speculator Positioning

Commercials are producers and processors who hedge real business risk - they tend to be contrarian and are often right at extremes. Large speculators like hedge funds follow momentum and tend to be wrong at turning points. When commercials are heavily long while speculators are heavily short, it often signals a bullish reversal is near.

Commitments of Traders Data on Your Chart

Commercial vs. Speculator Positioning

Using the COT Index for Timing

The COT Index normalizes positioning data on a 0 to 100 scale, making it comparable across different contracts and time periods. A reading above 90 for commercials suggests extreme bullish positioning by the "smart money." A reading below 10 signals the opposite. These extremes historically precede major trend changes in futures markets.

Practical Application for Futures Traders

Traders use the COT Index as a weekly sentiment filter for medium-to-long-term directional bias. For example, if gold's COT Index shows commercials at extreme longs, a trader might favor long setups on the daily chart. The data updates weekly, making it best suited for swing and position trading rather than intraday scalping.

Using the COT Index for Timing

Practical Application for Futures Traders

Gauge sentiment of institutional traders

The COT Index aggregates positioning data from the CFTC's weekly Commitments of Traders report directly into NinjaTrader. The data breaks down how commercial hedgers, large speculators and small traders are positioned in futures markets, eliminating the need to manually parse government reports.

Track institutional positioning

Commercials hedge real business risk and tend to be right at extremes while speculators follow momentum and tend to be wrong at turning points.

Obtain objective sentiment data

The COT Index normalizes positioning on a 0 to 100 scale, making readings comparable across different contracts and time periods for systematic analysis.

Identify sentiment extremes

Extreme readings historically precede major trend changes. When commercials reach extreme bullish positioning while speculators are heavily short, reversals often follow.

Common Questions About COT Data Analysis

The Commitments of Traders report reveals how commercial hedgers and speculators are positioned in futures markets. These questions address how to interpret the COT Index and use it for directional bias.

What is the difference between commercial and speculator positioning?

Commercials are producers and processors who hedge real business risk. They tend to be contrarian and right at extremes. Large speculators follow momentum and tend to be wrong at turning points.

How do I interpret the COT Index scale?

The index normalizes positioning on a 0 to 100 scale. A reading above 90 for commercials suggests extreme bullish positioning by smart money. Below 10 signals the opposite. These extremes historically precede major trend changes.

What timeframe is best for COT-based trading?

COT data updates weekly, making it best suited for swing and position trading rather than intraday scalping. Use the index as a weekly sentiment filter for medium-to-long-term directional bias on daily charts.

🌐

Web sentiment

Traders find the COT Index Comms & Spec NT8 tool in NinjaTrader positively received, with no complaints and notable interest, inferred from its download count despite limited direct feedback.

Source: Online Discussion

✍️

TradersList Reviews (4)

TradersList Community has given this listing three stars, indicating decent trust and value for traders' toolkit. Make sure you understand functionality before using.

⭐️

Source: TradersList Reviews

Bookmark

Saved here

🤖

Get Indicator

Find Indicator

Get This

Review

Review Indicator

✍️

⭐️

Comments

Read on Telegram

Open Post

Find More

Similar Indicators

🤖 Similar

🔥 New

✍️ Author

Published by NinjaTrader_Gaby on NinjaTrader

Listing by third party publisher. Not financial advice.

Risk Disclosure

Author profile

Share Listing

🤖 Similar

✍️ Author

🔥 New

🤖

Get Indicator

Find Indicator

Get This

✍️

Review

Review Indicator

⭐️

Comments

Read on Telegram

Open Post

Saved here

Bookmark

Published by NinjaTrader_Gaby on NinjaTrader

Listing by third party publisher. Not financial advice.

Risk Disclosure

Author profile

🤖

Get Notified

New Listings Weekly

Join Telegram

🤖

Get Notified

New Listings Weekly

Join Telegram

🤖

Get Notified

New Listings Weekly

Join Telegram

✍️

By Author

More by NinjaTrader_Gaby

🔥

New Listings

Featured this week

🤖

by allanster

Free

TradingView Indicator

Growing or Waning Patterns [Alerts]

New

🔑

🌐

Growing or Waning Patterns [Alerts] is a TradingView indicator that detects reversal signals based on three candle body patterns. The patterns are classified as increasing or decreasing depending on bullish and bearish states. Additional features include alerts and trend filter.

📟

Free*

Trade Analytics Platform

TRDR.IO

New

🌐

✅

🏅

TRDR.IO is a crypto orderflow platform providing various tools visualizing crypto exchange order book activity. See bid-ask imbalances, buy and sell demand as well as order book depth in real-time with intuitive visual overlays. Additional features include alerts and scanning crypto markets for orderflow events.

TradingView price chart displaying the Swing Levels and Liquidity indicator by Leviathan featuring horizontal lines and boxes marking swing high and swing low pivot points with volume data annotations at each level to highlight market structure and liquidity zones

🤖

by LeviathanCapital

Free

TradingView Indicator

Swing Levels and Liquidity - By Leviathan

New

🔑

🌐

✅

Swing Levels and Liquidity is a TradingView Indicator that displays swing high and low levels with volume traded at the pivots. Once formed, these levels likely retain liquidity that traders can expect to produce support and resistance in price when swept.

🤖

by allanster

Free

TradingView Indicator

Growing or Waning Patterns [Alerts]

New

🔑

🌐

📟

Free*

Trade Analytics Platform

TRDR.IO

New

🌐

✅

🏅

🤖

Similar Listings

Traders also viewed

All

NinjaTrader price chart featuring an overlay dashboard that displays an equity options chain with strike prices volume and open interest for calls and puts

🤖

by NinjaTrader_AlanP

Free

NinjaTrader Indicator

Options: Equity Options Chain Rendered on Chart Indicator

🔑

🌐

✅

🏅

Options: Equity Options Chain Rendered on Chart Indicator is a NinjaTrader indicator that integrates Yahoo’s options data on the chart directly. Pull up the options dashboard to aid your analysis whenever needed.

NinjaTrader platform interface displaying the Fedfundprobability statistics indicator plotting the estimated likelihood of upcoming interest rate adjustments and potential rate hikes on a chart.

🤖

by NinjaTrader_AlanP

Free

NinjaTrader Indicator

Fedfundprobability Indicator

🔑

🌐

✅

🏅

The Fedfundprobability Indicator is a NinjaTrader indicator that estimates the probability of specific FED interest rate hikes or cuts using FED futures contracts.

NinjaTrader interface displaying the StockRatingSystem statistics indicator with calculated stock performance scores and ranking data alongside a price chart

🤖

by NinjaTrader_Jim

Free

NinjaTrader Indicator

StockRatingSystem

🔑

🏅

StockRatingSystem is a NinjaTrader Indicator that ranks stocks using a mathematical formula based on Markos Katsanos' technical analysis methodology, as detailed in his June 2018 Stocks and Commodities article "A Technical Method for Rating Stocks".

NinjaTrader price chart displaying the Sessioncolors indicator with colored rectangles highlighting Asia, London and New York trading sessions

🤖

by siroki

Free

NinjaTrader Indicator

Sessioncolors

🔑

🌐

✅

Sessioncolors is a NinjaTrader indicator that marks and customizes the start and end times of the Asia, London, and New York trading sessions on a price chart. Identify trading sessions using colored boxes with adjustable visuals for each.

NinjaTrader price chart displaying the Probability Distribution NT8 indicator with statistical distribution curves and historical market data analysis

🤖

by NinjaTrader_Jim

Free

NinjaTrader Indicator

Probability Distribution NT8

🔑

🏅

Probability Distribution NT8 is a NinjaTrader Indicator that calculates probability distributions for price data, based on statistical methods introduced by John F. Ehlers.

NinjaTrader trading platform interface displaying the Spread Indicator With Candlesticks tool plotting bid-ask spread data as vertical bars on a graph to show liquidity variations over time.

🤖

by NinjaTrader_AdamP

Free

NinjaTrader Indicator

Spread Indicator With Candlesticks

🔑

Spread Indicator With Candlesticks is a free NinjaTrader indicator that visualizes bid-ask spreads by plotting them as easy to read candlesticks on trading charts.

NinjaTrader chart interface displaying horizontal lines representing the last two futures contract settlement prices from the close of Regular Trading Hours

🤖

by StevenL

Free

NinjaTrader Indicator

Futures Settlement Lines

🔑

🌐

Futures Settlement Lines is a NinjaTrader indicator that plots the last two futures contract settlement prices from the end of Regular Trading Hours, showing how current prices interact with these key closing levels.

Discover trading edge

Indicators, Platforms & Education

Browse Listings

Open Random

TradersList

Discover trading edge

Discover

About

Information

Join Telegram

Weekly listings

Join Telegram

Follow

Disclaimer

Our goal is to achieve greater transparency, guidance and safety in trading and investing by providing means to discover, research and discuss trading/investing related sites/services.

Content provided on this site is not financial advice, meant for educational purposes only. TradersList does not endorse or guarantee any result for listed sites/services. Do your own research.

Read full disclaimer