This indicator provides a high-resolution and high-precision implementation of Volume Profile with flexible range settings. Its key features include: 1. Support for a high resolution of up to 2,500 rows. 2. Capability to examine lower timeframe bars (default 5,000 intra-bars) for enhanced precision. 3. Three range modes — "Visible Range", "Anchored Range", and...
This indicator is intended to measure selling and buying pressure, calculates accumulation/distribution levels and suggests current trend intensity and direction. Core calculations are based on open source script by cI8DH which was not updated ever since 2018. Also, it implements the technique to avoid price gaps issues as described in Twiggs® Money Flow . The...
The Double Simple moving average is an indicator developed to help traders identify dynamic levels of support and resistance as well as determine current trend direction. This indicator shows both an SMA calculated on highs and one calculated on lows. In addition to that, it plots the deviation bands based on the space between the two main lines. The gradient...
This is an idea taken from a John Bollinger (of Bollinger Bands fame) talk. Instead of showing volume with a moving average overlay, we show volume relative to its moving average: avgVolume = sma(volume, 10) // several configurable MAs allowed relativeVolume = volume / avgVolume Now if we get a value of 1, that means the current volume is the same as its...
Description: MADALGO's Enhanced OBV Divergences indicator is a unique tool designed for traders to visualize the divergences between price action and On Balance Volume (OBV), a fundamental aspect often indicative of underlying strength or weakness in the market. By keenly identifying these divergences, traders are better positioned to anticipate potential trend...
"YD_Volume_Alert" is a simple alert based on the increasing volume. Although it is a simple indicator, strategies to determine accumulation and distribution can be developed using this indicator, which will also be published as well. 📌 Usage, Details and Alert Using this indicator is simple. You can enter two scales, "Increased Percentage 1 (%)" and...
The ' Volume Delta Trailing Stop ' indicator uses Lower Time Frame (LTF) volume delta data which can provide potential entries together with a Volume-Delta based Trailing Stop-line . 🔶 USAGE Our 'Volume Delta Trailing Stop' script can show potential entries/Stop Loss lines A trigger line needs to be broken before a position is taken, after which a...
The PhantomFlow AccumulationDetector indicator analyzes the volume profile and displays potential accumulation based on the selected timeframe in the settings. This indicator can be used both as zones for trend following and for identifying reversals, as shown in the examples on the chart. The logic behind the formation of the accumulation zone is based on the...
This code is a custom script designed for analyzing trading volume within a specific time window on the TradingView platform. It offers a comprehensive analysis of buying and selling activity during a defined period and provides visual aids and data summaries for traders to make informed decisions. Here's a detailed breakdown of its functionality and how to use...
The "Bias of Volume Share inside STD Deviation Channel" indicator is a powerful tool for traders aiming to assess market sentiment within a standard deviation (STD) price channel. This indicator calculates the bullish or bearish bias by analysing the share of volume within the standard deviation channel and provides valuable insights for...
🔶 IMPORTANT REMINDER This indicator is currently in its early beta phase, and I have plans to make upgrades over time. If you come across any bugs or have ideas for additional features, please don't hesitate to share them in the comments. The Price Action Concepts indicator is designed to serve as an all-in-one script, offering trading confluence points such as...
What the Script Does: The indicator aims to identify potential trend reversal points using the following steps: Input Parameters: The script has three main input parameters that you can adjust: relative_volume_threshold: This parameter sets the threshold for what is considered an exceptional volume spike in relation to the average volume. ...
Strategy - Relative Volume Gainers Overview: This trading strategy, called "Relative Volume Gainers," is designed for Long Entry opportunities in the stock market. The strategy aims to identify potential trading candidates based on specific technical conditions, including volume, price movements, and indicator alignments. Strategy Rules: The strategy is...
Volume as a Percent of Float Plot the difference between current Chart Volume as a percent of Float/Outstanding and the moving average of the same. Apply a multiplier to this value. Plot the moving average of the difference between current Chart Volume as a percent of Float/Outstanding and the moving average of the same.
The "Volume Delta Compare " publication shows 2 different techniques to show into-depth details of Volume, using Tick and Lower-Time-Frame (LTF) data. 🔶 USAGE Check for divergences between price and volume movement Check details (why and when a ΔV developed) Or if you want to see a lot of data stacked on each other ) 🔶 CONCEPTS 🔹 Tick...
The Volume Delta Methods (Chart) aims at highlighting the relationship between Buying or Selling Pressure and Price by presenting Volume Delta , and multiple derivatives of volume delta such as Cumulative Volume Delta (CVD) , Buy/Sell Volume , Total Volume , etc on top of the Main Price Chart . The script uses two different intrabar (chart bars at a lower...
This Code is update version of Code Provided by @ssbukam, Here is Link to his original Code and review the Description Below is Original Description 1. When chart resolution is Daily or Intraday (D, 4H, 1H, 5min, etc), Relative Volume shows value based on DAILY. RVol is measured on daily basis to compare past N number of days. 2. When resolution is changed to...
This code draws a custom indicator named "P/VF Boll" on the price chart with the following visual elements: 1. **Basis Line (Blue)**: This line represents the moving average value (ma_value) calculated based on the user-selected moving average type (SMA, EMA, or WMA) and length. 2. **Upper Bands (Green)**: The upper bands are calculated by adding a certain...