This is a very important volume-price indicator for me. Displays the average cost of chips for the short term (30 days), medium term (60 days), and long term (200 days). Chip lines act as support and resistance. The longer the trend days, the greater the strength. usage: 1. Breakout: If the stock rises, it must be above the short-term chip line. And gradually...
This indicator is displayed in the main picture, which saves the space of a picture indicator. Volume is highlighted to allow you to focus more on the above-average volume , and if it is greater than 4 times standard deviation it is marked as a huge volume in yellow. There will be support and resistance at this level. There is a switch to show the turnover.
Fair Use: Please do not take my work and sell it under your own name. This was created to benefit everyone - not one person. Feel free however to use it as part of whatever work you wish to sell (of course i would applaud also giving ideas away for free - your choice though ;) What it is: The Basis for this Indicator was the original Volume Oscillator. I added...
============ ENGLISH ============ - Description: This indicator has 2 features (currently): It shows the net volume in a histogram (buy volume in the upper part, sell volume in the bottom part). Also calculates the difference between accumulation / distribution in a fast vs slow period to plot 2 moving averages and trigger crossovers. It has an option to ignore...
Credits: Thank you "EvoCrypto" for granting me permission to use "Ranged Volume" to create this version of it. What is this and What does this do? This study shows the ranged volume, and it can be used to produce buy signals for a 3Commas bot. What’s different about this script? I added code so that negative volume has its own color settings and lower opacity...
This is a minimalistic indicator that, instead of introducing more bells & whistles, strips away the conventional volume indicator from a lot of “ noise ”, and displays only 3 type of volume bars prominently: Blue bars : Pocket Pivot Volumes (PPV), that is an up-day volume which is greater than the highest down-day volume of the last 10 down-days. Red bars :...
Color bars based on price and volume. Volume can be set dollar denominated. Change can be set close to close. Volume can meet a threshold. Color is bullish if the change is positive & bar's volume is greater than previous bar's volume. Color is bearish if the change is negative & bar's volume is greater than previous bar's volume.
This indicator, developed by Melvin E. Dickover, calculates the difference between the volume and its simple moving average, but expressed as a ratio in standard deviations. The plotted bars become green when the volume is unusually large (configurable).
Description This indicator integrates the functionality of multiple volume price analysis algorithms whilst aligning their scales to fit in a single chart. Having such indicators loaded enables traders to take advantage of potential divergences between the price action and volume related volatility. Users will have to enable or disable alternative algorithms...
Description This indicator is an entry-level script that simplifies volume interpretation for beginning traders. It is a handy tool that removes all the noise and focuses traders on identifying potential smart money injections. Uniqueness This indicator is unique because it introduces the principle of a moving average in the context of volume and then...
Generally, Volume indicator shows total Volume of a candle. In this Volume Strength Finder Indicator, I tried to separate Strength of buyers and sellers based on the candle stick pattern. Calculating Buyer and Seller Strength each and every candle of the day based on the pattern formation. High - close => Buyers Close - low => Sellers in this way, cumulative...
This is an "indicator" that takes the candle's size and multiply it by the current volume, so now the candle size is affected by how much volume is being traded. Here we assume that the volume traded is essential, and now it kinda have a weight on how the price acts. So "dead-volume" areas will be almost inexpressive in the chart, while the areas with huge volume...
This is a simple script and is derived from OBV (On Balance Volume). While OBV will smoothen the data, Cumulative Volume will start at zero and add the trading volume on a bullish day and will subtract on a bearish day. This tool is great to spot divergences between price and volume. Enjoy! ;-)
This is a volume indicator that splits purchases and sales into 2 separate columns. In addition, I added some POW factors to scale the volume to a more compact or expanded picture. The SMA draws the red line indicating the volume of purchases and sales, also with POW factor customizable, so it is possible to scale it within the volume bars what to do with this...
This case study is based on a Volume study, but with three different Moving Average & Standard Deviation counts to compare different trends. The use of this indicator is for free use. Different functionalities have been added to the original code, such as alerts and signals that seek to make trading much easier to interpret by any type of trading operator of any...
Correlation between candle's price spread (length of candle of each bar) and volume. Generally, increases in volume precede significant price movements. However, If the price is rising in an uptrend but the volume is reducing, it may show that there’s little interest in the instrument, and the price may reverse. The closer the correlation is to 1.0, indicates...
Volume indicator that works like a normal Volume indicator with the following additional features: - Aggregates Volume across different exchanges and Market Types - *Original Aggregation Code By Crypt0rus* - Displays data by Market Type and combinations of Market Types (Spot, Futures , Perpetuals, Futures+Perpetuals & All Volume ) - Allows for the user to...
This indicator plots the volume of each Heikin - Ashi bar... As you all know the color of the volume depends on the open and close of the current and previous candle. So this indicator will give different color result when used on regular candles...