TradingView has introduced two new features to improve the trading experience: post-adjustment of past contracts and open interest monitoring for Hanoi Stock Exchange (HNX) futures contracts.
One of the challenges in futures trading is managing the transition between continuous futures contracts. Price differences between different contracts can make it difficult to analyze price movements over time. With the readjustment function, you can now easily adjust previous contract prices to account for the impact of the rollover and remove the gap, ensuring a more accurate representation of price trends.
To enable this feature, click the B-ADJ button at the bottom of the chart or select the Adjust for Contract Changes setting in the menu.
Another key ingredient to creating effective strategies is understanding market sentiment. This is why TradingView has added the ability to track open interest for HNX futures contracts. Open interest not only indicates the number of derivative contracts still open and outstanding, but also provides valuable information on investor sentiment. To access this data, open the Indicators, Metrics & Strategies menu and select Open Interest.
The TradingView platform reliably connects to hundreds of data feeds, with instant access to 1,357,880 instruments from around the world.