Category: Volume · Complexity: ★☆☆☆☆ (1/5)
Tags: volume, live-overlay, volume
Live chart overlay: COT
Formula
Net commercial = commercial long − commercial short. Net large (non-commercial) = noncommercial long − noncommercial short. Held as a weekly step until the next CFTC print.
How to read
Green commercials vs red large specs. Extremes and divergences versus price are positioning context, not a trade signal. The forming bar is blank by default (incomplete week).
Limitations
Weekly CFTC lag. Only futures with a mapped contract. Unmapped symbols and missing FMP keys stay DATA UNAVAILABLE — never invented.
Typical settings
Legacy CFTC; hide current week on; both nets plotted
Commitment of Traders (COT) is part of the ClearPath Encyclopedia of Indicators — 190 models explained with standard SVG illustrations, so you can study an indicator before you put it on a live chart.