COT Currency Futures applied to FX: Indicators available?

stu · #1 (**permalink**) 02-11-2006, 04:00 PM

I have recently been reading up on how useful currency futures COT data is for determining positions of large speculators and how the FX market moves according to their involvement. There are indicators available for futures traders representing COT data, has anybody heard of or could produce an indicator that would provide signals involving this valuable data inside FX charts?

secxces · #2 (**permalink**) 02-11-2006, 06:55 PM

Quote:

Originally Posted by stu

I have recently been reading up on how useful currency futures COT data is for determining positions of large speculators and how the FX market moves according to their involvement. There are indicators available for futures traders representing COT data, has anybody heard of or could produce an indicator that would provide signals involving this valuable data inside FX charts?

Hello Stu,

Yes COT Data can be very useful. Some very big high rollers use this data to trade alone. Although I do not, I have seen it been done. I think the COT data is only availble at specific time though. If im not mistaken, which i might, its a graphical representation of commercial traders, non-commercial traders, and smaller retail traders. The way I see it used is similar to a moving average cross over system. But, I beleive this will only be relative to long term trading. Attached is a picture of the graphical indicator. I found it an a currency trader article. It might help. Good luck.

- secXces

stu · #3 (**permalink**) 02-11-2006, 07:57 PM

Thanks for the graphic, I have never seen it depicted like that before! If I am analyzing this correctly, the green lines represent Large Speculative and the blue lines represent Commercial. We should be following Large Spec if what I have read thus far is accurate, and it appears to be so now that I can visualize it. How cool would it be to have this as an indicator? If a coder out there was able to create such a thing for Metatrader it would be immensely valuable! I have included an attachment of a graphic I have seen for COT data...

theimperialone · #4 (**permalink**) 07-25-2006, 08:12 PM

There is a COT indicator available for MT4 ...

www.cot4metatrader.com

thanks
TheImperialOne

hidethereal · #5 (**permalink**) 07-25-2006, 08:24 PM

Has anybody used this with any success? It's not expensive at all.

theimperialone · #6 (**permalink**) 07-26-2006, 06:25 PM

yes, I am a subscriber and it works nicely. The data is sent out pretty fast after the government publish it unlike some other sites/offerings. last week it came at jsut after 4pm.

As you say, not very expensive .. half a pip a month.

TheImperialOne

theimperialone · #7 (**permalink**) 08-05-2006, 01:07 AM

Folks,

We're providing the weekly report free to download on our site. But there is a more exciting development - at cot4metatrader.com we have taken it to a new dimension - the COT data right and price action in one place on your MetaTrader4 console.

Take care and happy trading.
TheImperialOne

ps. commercials are shortest ever this week on the Cable. Go check it out at cot4metatrader.com

theimperialone · #8 (**permalink**) 09-09-2006, 12:51 AM

Traders

COT4.metatrader.com is pleased to announce a new version of its highly popular Commitments of Traders indicator for the MetaTrader platform. We have included some exciting new function.

We now support
- Index of net positions
- actiual net positions
- open interest - long and short for the three trading groups
- 7 currencies - CHF, EUR, GBP, CAD, AUD, MXP, JPY
- additionally supports US Dollar
- data feed to 2004
- works on any timetrame upto and including weekly
- works on all Metatrader 4 platforms - not just Interbank FX.

You can download the indicator free with a free demo file at www.COT4.metatrader.com

Unbeatable value
- No initial sign up fee
- 1 month free when you subscribe for initial 3 months
- $5 low monthly fee

- compare to others limited offerings that only work on Interbank fx and yet charge nearly $100 for initial sign up and $24.95 every month.

Come join the hoards of traders who are leveraging the COT data to their trading success at www.cot4metatrader.com

thanks
subscriptions@cot4metatrader.com

qtmspin · #9 (**permalink**) 07-26-2009, 01:17 AM

I believe this is the source for the chart picture you posted.

Commodity Futures Trading Charts

I personally have yet to find a strategy that works.

Matt