OPEN-SOURCE SCRIPT
Ocean's PVSRA
List of features:
PVSRA Candles
Vector Candle Zones
PVSRA POCs
5/13/20/50/100/200/800 EMAs
2 Custom EMAs
13/50/200 Daily EMAs
Pivot points (S/M/R 1,2,3; PP )
Daily Open
Psychological High/Low
All of these are configurable in the indicator settings.
Usage instructions:
PVSRA Candle colors meaning:
Green (bull) and red (bear): Candles with volume >= 200% of the average volume of the 10 previous chart candles, and candles where the product of candle spread x candle volume is >= the highest for the 10 previous chart time candles.
Blue (bull) and blue-violet (bear): Candles with volume >= 150% of the average volume of the 10 previous chart candles
Vector Candle Zones:
displays unrecovered liquidity left behind on unrecovered vectors.
PVSRA POCs:
Display the POC of High Volume Candles.
EMA/Pivot Points:
- EMA retrace: Breaking these in either direction without addressing an imbalance on the opposite side requires confirmation after the break.
- Pivot-level trading operates on the same principle.
- **Note:** Pivot levels in this indicator have additional M-levels, which represent 50% markers to provide better insights into potential retraces or upward moves.
- For example: Breaking M1, retracing, and confirming at M1 with a target at M2.
Daily Open:
The daily open helps identify possible SPOT/Futures gaps (depending on the asset, such as a missing futures market over the weekend: NAS/DAX). Can display historical values too.
Psychological High/Low:
Configurable for Crypto or Forex - draws the perceived Psychological High/Low ranges for the week. Can display historical values too.
PVSRA Candles
Vector Candle Zones
PVSRA POCs
5/13/20/50/100/200/800 EMAs
2 Custom EMAs
13/50/200 Daily EMAs
Pivot points (S/M/R 1,2,3; PP )
Daily Open
Psychological High/Low
All of these are configurable in the indicator settings.
Usage instructions:
PVSRA Candle colors meaning:
Green (bull) and red (bear): Candles with volume >= 200% of the average volume of the 10 previous chart candles, and candles where the product of candle spread x candle volume is >= the highest for the 10 previous chart time candles.
Blue (bull) and blue-violet (bear): Candles with volume >= 150% of the average volume of the 10 previous chart candles
Vector Candle Zones:
displays unrecovered liquidity left behind on unrecovered vectors.
PVSRA POCs:
Display the POC of High Volume Candles.
EMA/Pivot Points:
- EMA retrace: Breaking these in either direction without addressing an imbalance on the opposite side requires confirmation after the break.
- Pivot-level trading operates on the same principle.
- **Note:** Pivot levels in this indicator have additional M-levels, which represent 50% markers to provide better insights into potential retraces or upward moves.
- For example: Breaking M1, retracing, and confirming at M1 with a target at M2.
Daily Open:
The daily open helps identify possible SPOT/Futures gaps (depending on the asset, such as a missing futures market over the weekend: NAS/DAX). Can display historical values too.
Psychological High/Low:
Configurable for Crypto or Forex - draws the perceived Psychological High/Low ranges for the week. Can display historical values too.
Skrip sumber terbuka
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
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 sumber terbuka
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
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.