Crypto Open Interest

Crypto Open Interest

Crypto Open Interest shows changes in open interest for a cryptocurrency instrument. The indicator helps assess whether the total volume of open positions in the market is increasing or decreasing and can be used as additional context alongside price and volume analysis.

An increase in Open Interest may indicate the inflow of new positions and growing interest in the current market move. A decrease in Open Interest may reflect position closures, profit-taking, or reduced market participation.

Settings

• Period / Timeframe — defines the aggregation interval for Open Interest data. Shorter periods provide more detailed changes, while longer periods create a smoother overall view.
• Display Mode / Visual Type — determines how the data is displayed on the chart, such as a line, histogram, or another available visualization type.
• Open — the open interest value at the beginning of the selected interval.
• High — the highest open interest value recorded during the interval.
• Low — the lowest open interest value recorded during the interval.
• Close — the open interest value at the end of the interval. This is typically the primary value used to evaluate the current trend.
• Color / Line — specifies the color and style of the indicator line or series.
• Width — sets the thickness of the line or display elements.
• Show Value — displays or hides the current indicator value on the scale.
• Panel — allows the indicator to be displayed in a separate panel or in a selected chart area, depending on the available settings.