BigBeluga

Whalemap [BigBeluga]

The Whalemap indicator aims to spot big buying and selling activity represented as big orders for a possible bottom or top formation on the chart.

🔶 CALCULATION

The indicator uses volume to spot big volume activity represented as big orders in the market.

for i = 0 to len - 1
blV.vol += (close[i] > close[i + 1] ? volume[i] : 0)
brV.vol += (close[i] < close[i + 1] ? volume[i] : 0)

When volume exceeds its own threshold, it is a sign that volume is exceeding its normal value and is considered as a "Whale order" or "Whale activity," which is then plotted on the chart as circles.

🔶 DETAILS


The indicator plots Bubbles on the chart with different sizes indicating the buying or selling activity. The bigger the circle, the more impact it will have on the market.

On each circle is also plotted a line, and its own weight is also determined by the strength of its own circle; the bigger the circle, the bigger the line.


Old buying/selling activity can also be used for future support and resistance to spot interesting areas.

The more price enters old buying/selling activity and starts producing orders of the same direction, it might be an interesting point to take a closer look.

🔶 EXAMPLES



The chart above is showing us price reacting to big orders, finding good bottoms in price and good tops in confluence with old activity.

🔶 SETTINGS

Users will have the options to:
  • Filter options to adjust buying and selling sensitivity.
  • Display/Hide Lines
  • Display/Hide Bubbles
  • Choose which orders to display (from smallest to biggest)

Get Access to BigBeluga indicators: www.stratify.trade

Join our free discord for updates : discord.gg/NrG7N6rW2k

All scripts & content provided by BigBeluga are for informational & educational purposes only.
オープンソーススクリプト

TradingViewの精神に則り、このスクリプトの作者は、トレーダーが理解し検証できるようにオープンソースで公開しています。作者に敬意を表します!無料で使用することができますが、このコードを投稿で再利用するには、ハウスルールに準拠する必要があります。 お気に入りに登録してチャート上でご利用頂けます。

免責事項

これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。

チャートでこのスクリプトを利用したいですか?