Open Interest Inflows & Outflows

Open Interest Inflows & Outflows separates a change in futures open interest into what caused it: fresh contracts being opened, or existing ones being closed. An OI Flow Sentiment oscillator plots that balance; a Price Sentiment companion built on the Elder-Ray bull and bear power model — bar extremes measured against a 13-period EMA — shows which side controls price; and a rolling correlation ties open interest changes to the source data you select.

How to Trade the Open Interest Inflows & Outflows?

• OI Flow Sentiment above zero: inflows dominate — new positioning is entering the market, with distance from zero showing how decisively.
• OI Flow Sentiment below zero: outflows dominate as traders unwind exposure and interest drains away.
• Price Sentiment readings: positive values mean bull power outweighs bear power around the EMA baseline; negative values hand control to sellers.
• Correlation as confirmation: volume and open interest rising together corroborates the prevailing trend, while disagreement among price, volume, and open interest often precedes a turn.

Reading the two oscillators side by side is the point. A move backed by dominant inflows and matching price sentiment is being funded; a move without them deserves suspicion.

Open Interest Inflows & Outflows Settings

• OI Sentiment Correlation: toggles the correlation display against your chosen source.
• Money Flow Estimates: shows money flow estimates derived from recent data.
• OI Flow Sentiment and Price Sentiment: visibility and color options for each oscillator.
• Correlation Colors: styles the correlation area.
• Smoothing: steadies both sentiment series for cleaner reads.

Frequently Asked Questions

What are Bull Power and Bear Power?

They are the Elder-Ray components beneath Price Sentiment, measuring how far a bar's high and low stretch from a 13-period EMA baseline. Together they show whether buyers or sellers are winning ground relative to that consensus value.

When would I use this instead of the Open Interest Chart?

Use the Open Interest Chart to sweep percentage changes across up to six markets at once. Reach for this tool when a single instrument deserves the full breakdown of flows, sentiment, and correlation.

Is Open Interest Inflows & Outflows free?

Yes — free through the LuxAlgo Library. It also runs in Quant, LuxAlgo's AI, launchable straight from this page.