Open Interest shows the total money in a futures asset. It's the key metric to see if a trend is backed by real conviction or about to reverse. Open Interest counts all active unsettled contracts to measure market participation. This video will show you exactly how to read it on TradingView to enhance your edge.
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Try on Supercharts ➡️ www.tradingview.com/chart/
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Key points:
Indicates sentiment
Risk Indicator
Market volatility
Liquidity signal for market health

Explore our educational articles:
Crypto Open Interest ➡️ www.tradingview.com/support/solutions/43000762388/
TradingView indicators: simple steps to get started ➡️ www.tradingview.com/support/solutions/43000543626/
Getting started with TradingView ➡️ www.tradingview.com/support/getting-started/
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Timestamps:
00:00 Intro
00:27 Add indicator to your chart
00:50 What is Open Interest
01:50 Aggravated Open Interest
02:38 How to interpret the data
05:22 Volume Footprint chart
07:20 Analyse Open Interest and Price
07:55 Recap and benefits

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TradingView does not provide brokerage services. All the information in this video is for educational purposes only and does not constitute financial, trading, or investment advice.
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