I was looking for a way to see if today's premarket volume is higher or lower than the previous day's premarket, but did not find any, hence, I made my own which I share with you now.
I call it 'Range Volume Change' or just RVC.
RVC will show the percentage of change between the selected time range and the previous day for the same time range.
This will allow us...
Anchored OBV SpaceManBTC
The On Balance Volume indicator (OBV) is used in technical analysis to measure buying and selling pressure.
On Balance volume is primarily used to confirm or identify overall price trends or to anticipate price movements after divergences.
Anchored On Balance Volume unlike traditional OBV resets on your specified sessions: D, W, M,...
Messing around with this two point selecting ability I recently learned about from Tradingview's CAGR. Here is a script that will tell you changes in volume(obv)/price, volume to price change ratio, and the average volume to price change ratio for the length you define in the settings menu. You can use this to compare the ratio of a current pump to an older pump...
Hello traders,
As you know, in trading two things are important: Price Action and Volume. When a stock is bullish and there is support with the volume, it is a good thing. Sometimes a stock will be accumulated before anyone gets to know about it. A slight increase in the volume might not get noticed, unless the volume is calculated to check for an...
Dear Followers,
today I'm glad to present you my Swing Failure Pattern Analyzer indicator.
As you know, the Swing Failure Pattern (SFP) is a very powerful candlestick pattern, because it highlights trend reversal points : if trend changes you want to know it, right?
This indicators highlights for you both Tops and Bottoms , that may be just local or...
This indicator is a heatmap of the financial volume used in the asset, I use three different means to define the heatmap separating it into 3 phases
Phase A: Low volume
Phase B: Medium volume
Phase C: High volume
don't worry about these data, the indicator is configured to auto-interpret the information.
The heatmap uses the following colors and...
Heikin Ashi can be useful for understanding trend based on price action but it doesn't take volume in context. Here I have tried to use volume for understanding true bar color and ultimately true trend analysis. It can also help you in not getting trapped in sudden shakeouts. Also, you can use it for averaging of your existing position.
Conditions used:
...
This is the best version of relative volume you can find a claim which is based on the logical soundness of its calculation.
I have amalgamated various volume analysis into one synergistic script. I wasn't going to opensource it. But, as one of the lucky few winners of TradingClue 2. I felt obligated to give something back to the community.
Relative volume...
Figure out the best time to trade your favorite Currency Pair, Commodity, or Crypto!
This indicator is an exploration of how Forex Sessions affect volume. The colored plots below represent the accumulative volume during each of the four major trading sessions: London, New York, Tokyo, and Sydney.
Plots have been normalized as a percentage of total volume, i.e....
An indicator that studies the price movement with the trading volume in the form of an equation that represents the trading volume in the price range.
It is excellently used to determine buying from support areas, as well as confirming the breach of resistances, see the example in the attached chart,
The best use of it is the DIVERGENCE between the indicator and...
Display volume in fiat base currency so that we can compare symbols in a list to find healthy one to trade.
Add a label so that we can see the latest volume number easier on mobile phone.
Traders rely on volume as a key metric because it lets them know the liquidity level of an asset. If enough volumes are supplied (Buy | Sell) definitely prices respect the supplied volume.
However, the word “Supplied” is here indicated as “Pressure”. If there is enough Buying pressure then sellers will be kicked out easy and vis-versa.
Index traders normally...
What is it?
Displays several realtime volume stats for each bar/candle.
Although it was originally created to be an assist tool for the Market Footprint (available as a separate indicator) to consolidate the numbers into a neat panel below, it can be used independently as an Orderflow Analysis tool as well.
It currently displays the following:
(1) Net Delta...
What is it?
A tool that shows Real-time Volume bars split into 3 components: (1) Market Buy Volume - i.e., the volume that got transacted on upticks; (2) Market Sell Volume - i.e., the volume that got transacted on downticks;
and, (3) Neutral Volume - i.e., the volume that got transacted without a change in price. (This feature can be turned off if you want...
Trading Indicator Lab’s Candle Volume Heatmap for TradingView merges volume with price by applying gradient colors in the bars. It can also detect bars that have the most volume and the least volume.
Gradient Coloring
When applied to a chart, the Candle Volume Heatmap indicator applies colors to each bar which may vary according to its number of volume. The...
What is it?
Market Delta Volume Tool for real-time bars
A market delta tool that shows, (1) the volume that got transacted on upticks - or the market buy volume; (2) the volume that got transacted on downticks - or the market sell volume (3) the market delta volume (i.e., market buy volume - market sell volume); (4) the total volume (market buy volume + market...
The Manger is a simple and repeatable trade management indicator suite for all instruments and for all timeframes.
The strategy that makes up this trade management tool includes:
1. Average volume calculations with auto lookbacks - Each candle then is identified as being above or below average volume with Dots above or below each candle.
2. Volume Distribution...
What is it?
This is an indicator to complement @modhelius' Weis Wave Volume Indicator.
Original code has been modified to display wave volume (cumulative) numbers above or below the latest candle of the corresponding wave on the main pane. Since we are concerned only with relative volume, VOLUME NUMBERS HAVE BEEN SCALED DOWN. (If you need actual volume numbers,...
![ETHUSD.P: [astropark] SFP - Swing Failure Pattern](https://s3.tradingview.com/i/i5ecWkwn_mid.png "[astropark] SFP - Swing Failure Pattern")
