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Net Volume [frac]
This indicator attempts to estimate the net volume influx into the market. Recommended visual settings include turning off the "Net Volume Raw" output, and only paying attention to the Net Volume Channel and MA series.
Input parameters allow users to either toggle on volume to be in shares (or in cryptocurrency coins) volume or to be in USD equivalent. Careful here for any derivative contract tickers, as having it checked to USD will in essence square the USD volume (since derivative contracts are in USD volume already)
My personal favorite settings at the moment are 130 for the channel length, and then leaving it set to MA mode, with MA's 12, 26, and 52 -- EMA mode.
Simple rundown:
- Positive values correlate to a net volumetric influx into the market. This is bullish. Volume is flowing into the market.
- Negative values correlate to a net volumetric flow out from the market. This is bearish. Volume is flowing out of the market.
Trading signals:
- Most obvious is crossover of the zero line, either for long or short.
- Divergence (lower high, higher high on price, or higher low, lower low on price)
- Signal crossover / MA crossover -- most important for trending markets that are either very bullish / very bearish, and counter trading the market.
Input parameters allow users to either toggle on volume to be in shares (or in cryptocurrency coins) volume or to be in USD equivalent. Careful here for any derivative contract tickers, as having it checked to USD will in essence square the USD volume (since derivative contracts are in USD volume already)
My personal favorite settings at the moment are 130 for the channel length, and then leaving it set to MA mode, with MA's 12, 26, and 52 -- EMA mode.
Simple rundown:
- Positive values correlate to a net volumetric influx into the market. This is bullish. Volume is flowing into the market.
- Negative values correlate to a net volumetric flow out from the market. This is bearish. Volume is flowing out of the market.
Trading signals:
- Most obvious is crossover of the zero line, either for long or short.
- Divergence (lower high, higher high on price, or higher low, lower low on price)
- Signal crossover / MA crossover -- most important for trending markets that are either very bullish / very bearish, and counter trading the market.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya dengan percuma dan tanpa had – ketahui lebih lanjut di sini.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya dengan percuma dan tanpa had – ketahui lebih lanjut di sini.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.