OPEN-SOURCE SCRIPT
Updated Futures Daily Settlement Prices
Daily settlement prices reflect the fair market value of the underlying commodity or financial instrument, as determined by buyers and sellers during the settlement period or “close”. The price quoted in the evening news for items like a bush of corn, a barrel of crude oil, or a 10-year U.S. Treasury note frequently use the settlement price for the corresponding futures product that day.
Settlement prices are used to mark traders’ positions to market daily, determining profits or losses. Daily settlement prices play a key role in facilitating price discovery, risk management, and market integrity.
This indicator plots up to 30 settlement prices as well as the date of settlement on your chart, on time frames under 1 hour.
Customizable line types, colors, and label colors.
Settlement prices are used to mark traders’ positions to market daily, determining profits or losses. Daily settlement prices play a key role in facilitating price discovery, risk management, and market integrity.
This indicator plots up to 30 settlement prices as well as the date of settlement on your chart, on time frames under 1 hour.
Customizable line types, colors, and label colors.
Release Notes
Fixed Labels so that the date is shown correctly and added the ability to change the size.Expanded the lookback to 60 days.
Added function to only show lines that are within a range that can be set by the user.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.