Indicators

Commitments of Traders

Developer: FXCM

The U.S. Commodity Futures Trading Commission (CFTC) produces a publication each Tuesday titled the Commitments of Traders Report (COT). This report shows the amount of open interest on currency futures which are traded on the Chicago Mercantile Exchange (CME). The COT report shows how many traders are either buying or selling a particular currency pair. This valuable data is interpreted as market sentiment, which traders use to trade on the correct side of the trend.

This COT indicator pulls data directly from the CFTC website and plots it directly below a chart in an easy to read format.

Three lines are displayed to represent Commercial, Non-Commercial and Non-Reportable positions as defined by the CFTC.

Common Definitions of CFTC terms:

  • Common/Commercial: Entities using the futures contracts for legitimate hedging*
  • Non-Common/Non-Commercial: Hedge funds, banks and other large institutions acting as speculators
  • Non-Reportables: Retail Traders

*Hedging is not available on FXCM LLC

INPUTS

The following are inputs available in the application:

Parameters

  • Registration Key – Input the registration key supplied by FXCMApps.com via email after purchasing.  Can’t find your registration key? Contact us
  • Full years of COT data to include – input a number of years of data to include.  Each COT year starts on January 1st.

Show Line Data

  • Net Commercial – select the color for the net commercial line
  • Net Commercial width – select the width for the net commercial line
  • Net Non-Commercial – select the color for the net non-commercial line
  • Net Non-Commercial width – select the width for the net non-commercial line
Risk Disclaimer

The application displayed on this page does not take in to consideration your individual personal circumstances and trading objectives. Therefore it should not be considered as a personal recommendation or investment advice. Past performance is not indicative of future results.

There is no guarantee that the systems, trading techniques, trading methods, and/or indicators will result in profits or not result in losses.

Requirements

This Indicator is only compatible with FXCM Trading Station Desktop software. Additionally, an FXCM account is required (including free FXCM demo accounts).