OPEN-SOURCE SCRIPT

OI Value (aproximado)

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This indicator estimates the Open Interest Value (USD) by multiplying the Open Interest (contracts) of the BTCUSDT Perpetual Futures by the current price.

It provides an approximate view of how much capital is engaged in open positions, helping traders visualize whether new money is entering or leaving the market.

Use Case:

Rising OI Value → New capital entering the market (trend strengthening)

Falling OI Value → Positions being closed or liquidated (trend weakening)

Designed for traders combining Open Interest analysis with price action and volume-based indicators such as OBV or Delta Volume.

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