Volume Balance Indicator Stealthy7

Find out if Bulls (buys) or Bears (sells) are moving the price. This gives a clear view of activity, even if you are using a higher time period. The lookback is in minutes, I believe. This is a superior volume indicator. Bars are recolored to show the underlying activity per the look back (minutes).

Nota Keluaran

In this version I fixed the average volume (grey background). If volume eclipses the grey area, its above average by 30 periods.

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Automatic lookback.
Bar re-color option.
Wow! Really shows whats going on.

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I got rid of the old way displayed. This is much more useful and looks totally different.
I added Standard deviation bands. Now you know if the volume is really on.
I used a hard coded lookback of 30 because its supposed to be significant (?)
Now you can really see a summary of the underlying minute to minute activity on higher bands.

Nota Keluaran

I added a resolution dropdown box and a lookback period. I think this is closer to my original idea. You can view longer periods on a small timeframe. I think you can do vice versa like I originally intended. Not sure, but this is likely final update for this one. I realize now this is like an On Balance Volume indicator with some extras. I think this version is more useful.

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Changed some unnecessary code and default settings.

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Script depreciated. No support.

Skrip sumber terbuka

Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.

stealthy7

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.

Skrip sumber terbuka

stealthy7