Hello @Nishshkumar Jaani, your suggestion has been noted down.
Prasath V A B
Definedge
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@Raajeev Kapur, Zone Web --> Indicators --> OIWAP, currently it is only available in zone web platform, will be also available in Tradepoint soon. An explanation video on OIWAP will soon be made.
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@Vinay Shrotriya yes, it works on options. One interesting concept on OIWAP is, if you add the OIWAP to the call option strike, you'll get a breakeven level for buyers and sellers of that particular strike and vice versa for put subtract OIWAP from the strike price, I hope you'll find it helpful.
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@Kaustav-Das you shall check historical toi in (Opstra > Open Interest > Historical TOI).
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@Deepak Patwardhan currently, it is available only on candlestick charts.
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The Open Interest Weighted Average Price (OIWAP) serves as a benchmark, reflecting the average transaction price of contracts opened, helping traders in assessing market sentiment and directional trends.
We have also introduced two new Open Interest Weighted Average Price concepts, LIWAP (Long Interest Weighted Average Price) and
SIWAP (Short Interest Weighted Average Price).To read about OIWAP refer the OIWAP Blog.
Add Sum In P&F -RENKO in ZONE
OIWAP (Open Interest Weighted Average Price)
OIWAP (Open Interest Weighted Average Price)
TOI PAST DATA
OIWAP (Open Interest Weighted Average Price)
OIWAP (Open Interest Weighted Average Price)