Usage
This script is designed for use during market hours but is particularly useful in the last trading hour—a period known for increased volatility and volume as traders close positions and make final decisions for the day.
Trend Analysis
The histogram provides a quick visual reference for the market's direction based on USI:ADD and $VOLSPD. A predominance...
1. Timeframe Selection (selectedTimeframe):
Allows the user to choose the timeframe for the volume data analysis.
Options range from 1 minute to 1 month, including 1, 3, 5, 15, 30, 45 minutes, 1, 2, 3, 4 hours, and daily, weekly, monthly.
2.Moving Average Length (maLength):
Users can specify the length of the moving average applied to the inverse volume.
The...
The "Buyer/Seller Dominance" indicator script, developed by Deepanshu Sharma under The Market Wisdom (TMW), is a powerful analytical tool designed for use on the TradingView platform. This script is released under the Mozilla Public License 2.0, and it offers traders and investors an innovative perspective on market dynamics by assessing the relative strength of...
This lower indicator will show what % a day's total market volume on the NASDAQ COMPOSITE is bullish or bearish. It shows a history of every day's reading on a lower indicator pane.
Strong readings correspond to strong days and the differential in volume can often be ascertained from the market open and in the first 5-30 minutes of the market, to give you a sense...
Shows the Up/Down volume %.
Carefully picked the color scheme of the bars so it's easy to see 80%/90% up/down days.
Added marks to highlight the 80/90% up/down days.
docs.cmtassociation.org
In Paul F. Desmond's award winning paper in 2002 entitled "Identifying Bear Market Bottoms and New Bull Markets", he proposed an indicator for panic buying and selling that can be used to determine major market bottoms.
The paper explains that in major bear markets, you should have at least one, or more than one multiple 90% down days....
A new take to an already popular indicator of mine, now with lower time frame support for a volume called Volume Trend Meter LTF (VTML).
The VTM LTF indicator measures the volume pressure at a specific part of the candle (Start, Middle, or the end of the candle) and displays it as a histogram.
This indicator sums up all green candle volumes and red candle volumes...
This indicator provides breadth ratios for various indices/exchanges based on the up/down volume.
Breadth ratios included for NYSE, NASDAQ, AMEX, DJIA, ARCA, and and average.
Very straight forward to use, if the ratios is above 2, stocks should be in uptrend, below -2 stocks should trend down. In between 2 and -2 is going to be a choppy market.
NSE:BANKNIFTY
Dear Fellow Traders,
This indicator for BankNifty INTRADAY trading is based on Market Internals - Advance/Decline Volume and TICK
These Market Internals, also known as Breadth Tools helps in identifying the overall market sentiment.
Just doing some technical analysis on Price action doesn't provide good results.
Price action along with...
This indicator is build keeping in mind how the Indian Market is formed - free-float market capitalization concept
1) Considered all banknifty index stocks according to NSE
2) Multiplied each stock Volume by its Weightage given in NSE Site every month End - means giving importance to volume by its weightage
3) Green Candle - Considered as +Ve Volume , Red Candle...
SHIT35 is an index of 35 Binance alt/BTC pairs. It provides traders with a more reliable read of BTC pairs price movement than the often uncorrelated USD market cap standard.
Because it must read data coming from 35 markets, SHIT35 is painfully slow and should be kept hidden most of the time. Its features will hopefully seduce traders in using it nonetheless for...
The ZoPC script calculates the highest high and lowest low for X days back and breaks the range up into 16 zones. Each zone has a counter that tallies the number of times price closes within its zone. The higher the count, the deeper the color. The loopback in days as well as the counter threshold parameters can be adjusted in the inputs section.
In the chart...
NIFTY Underlying Weighted Distribution of Volume Advance and Decline
Market Internal tool used for trading Nifty Futures and Options
Calculation Method: Underlying stocks Free Float Market capitalization weightage has been used to calculate the outcome.
Data Taken from IISL
The Advancing-Declining Volume Line (AD Volume Line) is a breadth indicator
based on Net Advancing Volume, which is the volume of advancing stocks less
the volume of declining stocks. Net Advancing Volume is positive when advancing
volume exceeds declining volume and negative when declining volume exceeds
advancing volume. The AD Volume Line is a...
![BTCUSDT: [RD] HLGO - GANN fibonacci (square/box, based on bars, h&l)](https://s3.tradingview.com/g/GYoElgFT_mid.png "[RD] HLGO - GANN fibonacci (square/box, based on bars, h&l)")
![ADABTC: SHIT35 Alt Index (ROC or Volume) [LucF]](https://s3.tradingview.com/l/LkbRw7Nj_mid.png "SHIT35 Alt Index (ROC or Volume) [LucF]")
