Metrics

Metrics are a powerful new layer of analysis built on top of our existing data infrastructure. This feature enables the application of traditional technical indicators such as RSI, MACD, and several others to nearly all available data sources, including:

Open Interest
Volume by Side
Order Book Depth
Longs/Shorts
Liquidations
and more.

Additional Custom Metrics

In addition to standard metrics, we’ve developed several non-traditional but highly practical metrics:

Sum — Aggregates a value over a specified time period.
Delta — Measures the difference between the current bar’s value and the previous one.
Sum Delta — Accumulates the value of Delta (as described above) over a given time period.

Chart Visualization

Metrics can be visualized directly on the chart via a dedicated panel:

Access it by clicking the "Options" button in the TradingView top bar, then selecting "Add a metric" or from the dedicated link inside of the Indicators panel:

You can also use our pre-built Popular Metrics or copy sources from your existing alerts into the metrics panel and reuse Recently Added metrics seamlessly:

Adding an Open Interest RSI Metric to the Chart. Step-by-Step.

Add indicator to chart

Add the Open Interest (aggregation) indicator to the chart and set the timeframe to 30m

Configure Indicator in the Metrics Panel

Open Metrics Panel and select the same Open Interest (aggregation) indicator.

Be careful to set the same properties (aggregation, source, timeframe, market and assets) as on the main chart.

Then set the RSI metric and select "Close", length 14 is usually good for basic scenarios and click "ADD TO CHART" button.

Configure RSI metric Bands

Open the RSI metric settings and set the desired Upper and Lower bands. Generally 70 and 30 are good for RSI.

Inspect the Chart for Reversal Points

Now inspect the chart for top and bottom reversal points.

Notice how they are near to the 70 or 30 value:

Use It For Trading

Now you can save template and use OI RSI metric for trading along with Order Book, Order Book Depth and Top Levels.

Alert Integration

Metrics are fully compatible with the Alerts System!

To assign a metric to an alert, simply use the "Use Metric" button when configuring the alert.
The setup process mirrors that of chart metrics for consistency.

Creating an Alert using the OI RSI Metric. Step-by-Step.

Select Markets

More about market types...

Pick Sources and Add RSI Metric

Add the Open Interest (aggregation) indicator, set timeframe to 30m, choose "Perpetuals" market and add the RSI metric by clicking the "Use metric" link.