Open Interest Screener

The open interest screener is a great tool that will allow you to quickly see that a lot of trades are starting to open for a certain asset. Since the open interest indicator is a parameter that tells you about the situation with the asset in real time, together with the analysis of other parameters, you can predict the price trend with a high probability and work out good trades. It is important to analyze the open interest indicator together with other indicators, since an increase in the number of open positions does not always mean a subsequent increase in the price (it may be an increase in short positions, which will lead to a decrease in the price).

In addition to the basic setting of changes in open interest for a certain interval (from 1 minute to 1 hour), you can specify additional settings to receive the most promising messages: the number of signals for each asset, the total size of open interest and the trading turnover for 24 hours. Thanks to additional settings, you can filter out weak assets or coins that have just been listed on the exchange and have not yet gained sufficient volume.

Working with open interest for futures trading is a powerful tool for successful trading. Since this indicator provides real-time information about traders’ activity, analyzing the change in open interest in conjunction with other parameters, it is possible to predict the price movement with high accuracy.

The screener can also help traders who are already in a position to quickly close a deal if the open interest indicator begins to change. Upon receiving a message, it will be enough to quickly analyze the accompanying price trend and volume indicators to understand the prospects and quickly close the deal before the price reacts.