Is Open Interest (OI) data available in the quotes API of FYERS?
No, the quotes API in FYERS does not provide Open Interest data. However, this data is accessible through the market depth API, which will be available following the API v2.1 update.
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Is Open Interest (OI) data available in the quotes API?
No, Open Interest (OI) data is not available in the quotes API. The quotes API provides different types of market data, but it does not include Open Interest. For users interested in OI data, alternative APIs or data sources should be considered to ...
What is Open Interest Indicator?
The Open Interest (OI) Indicator on FYERS charts is an essential tool in the derivatives market, used to track the total number of outstanding or open contracts that have not yet been settled. Unlike trading volume, which resets daily, the OI is a ...
Why is the Open Interest Indicator crucial for my trading strategy on FYERS?
The Open Interest (OI) Indicator is crucial for any trading strategy on FYERS, particularly for those trading in futures and options, because it offers multiple layers of insight into market dynamics. Here’s why it’s essential: Market Strength and ...
How does the Open Interest Indicator work on FYERS charts?
On FYERS charts, the Open Interest (OI) Indicator is depicted through two key lines: the blue line representing the current Open Interest and the black line showing the 20-day Simple Moving Average (SMA) of OI. This setup helps traders to observe not ...
Can I customize the Open Interest Indicator on FYERS Charts?
Yes, the Open Interest Indicator on FYERS Charts offers robust customization options to suit various trading strategies. Traders can choose between different types of moving averages, such as the Simple Moving Average (SMA) and the Exponential Moving ...