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[Kronorium] Volume-Based Regime Changes

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Color coded indicator that depicts different types of unusual volume activity.

Arrows along the top will signify bearish or bullish presence. Blue arrows on the bottom indicate a bullish-regime entering, conversely, red arrows along the top will indicate a bearish-regime entering.

Unusual Volume is displayed along the top of the screen as yellow flags. This alert is agnostic-- no particular direction. At this point you must consult moving averages, or other price related indicators to decide a direction.

Volume alerts are calculated against the variable "Volume Lookback" -- volume within this window will be referenced against itself. Whenever volume expands or contracts beyond the windowed-range, alerts will be dispatched accordingly in that direction.
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Update default values
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Update script-name, update default chart picture on TradingView-preview
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Added new UI features:
  • Set chart background color to bullish (blue) or bearish (red) regime
  • Set candle/bar color to bullish (blue) or bearish (red) regime
  • Table on chart to show current regime, and bullish/bearish momentum changes
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NEW

  • Add institutional activity (beta)
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Code clean up

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.