Entoryx

Volume [Entoryx]


Certainly! Here's a more concise description for the "Entoryx Volume" indicator, with less focus on the specifics of the order block bar detection:

The "Entoryx Volume" is a versatile technical indicator that analyzes the relationship between price ranges and volume over a user-defined number of bars. By calculating a delta between the highest high and lowest low, it offers insights into market momentum and direction.

Key features of this indicator include:

1) Current Value Plotting: A dynamic line plotted on the chart represents the current value, which reflects market trends. The color of the line changes to green for bullish conditions and red for bearish conditions, depending on its relationship with the Exponential Moving Average (EMA) of the close.

2) Color-Coded Regions: The area between the current value plot and a baseline zero line is filled with a corresponding color, providing a visual representation of market sentiment.

3) Boundary Lines: Horizontal lines at +10 and -10 serve as reference points to highlight significant market movements.

4) Order Block Bar Detection (Optional): An optional feature that places visual markers on the chart to signal potential reversals. This can be enabled or disabled by the user, according to preference.

The "Entoryx Volume" indicator is tailored for traders aiming to understand market momentum with a clear and visually intuitive display. It is suitable across various trading strategies and market conditions, with customization options to fit individual needs.

The source code for this indicator is subject to the terms of the Mozilla Public License 2.0.
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?