OPEN-SOURCE SCRIPT
Volume Chart
Volume data can be interpreted in many different ways. This is a very basic script and novel idea to display volume as a chart. The purpose of this script is to visually help identify volume breakouts and other common chart patterns. While this indicator could be useful for finding big moves and early reversals it not reliable for determining the direction of the move.
Below is an example of a volume breakout:
Below is confirmation of the second ear in the batman pattern:
Lower highs and higher lows can give early signs of a reversal:
Below we can see retailers getting pumped and dumped on during the gaps while they sleep:
Below is an example of a volume breakout:
Below is confirmation of the second ear in the batman pattern:
Lower highs and higher lows can give early signs of a reversal:
Below we can see retailers getting pumped and dumped on during the gaps while they sleep:
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.
Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
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.
Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.