Is Open Interest keyword working? — Tradetron Community
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Is Open Interest keyword working?

Keyword help 1,767 views

AlgoBull

I want to create a strategy based on OI of certain strikes, but when I use OI keyword strategy does not work

Niten Jain

Hi,

Open Interest Keyword is not active as of now.
However, Max OI Strike, Max OI Instrument, Total OI and PCR are active but for Indexes Only

Chandrahas

What if I want to select a strike which 1 strike below or above the MAX OI Strike?

Tradetron Team Tradetron team

Short answer: the plain Open Interest keyword is not operational. Use Max OI Strike, Max OI Instrument, Total OI or PCR instead.

  • They work on index options only: NIFTY, BANKNIFTY, MIDCPNIFTY, FINNIFTY, SENSEX.
  • Underlying must be the bare name ('NIFTY', not 'NIFTY 50'). Expiry must be the literal 'current month' or 'current week' (weekly only for NIFTY and SENSEX). A wrong value validates fine but returns nothing.
  • There is no per-strike OI keyword. Only these aggregates exist.

One strike above/below the Max OI strike (answering #3)

In Strike Fx, use Max OI Strike and add or subtract one strike interval:
Max OI Strike ( 'NIFTY', 'current month', 'CE' ) + Number ( 50 ). Check the current strike interval on the option chain. Do not assume it.

Validate OI logic in Live Offline. Keyword reference: Keyword Documentation — Tradetron

:sparkles: Answer written with AI from Tradetron docs (Oct 2026). Original replies are kept above. Spot something wrong? Reply below.