Volumetric Price Delivery Bias Pro @MaxMaserati🚀 Volumetric Price Delivery Bias Pro @MaxMaserati
Description:
The Volumetric Price Delivery Bias Pro is an advanced trading indicator designed to provide clear insights into market trends, reversals, and continuations. Leveraging a combination of price action and volume analysis, it highlights critical support and resistance zones with unparalleled precision. It is a perfect blend of price action and volume intelligence.
🚀 Key Features:
Dynamic Price Analysis:
Detects key price turning points using fractal analysis.
Differentiates between bullish and bearish delivery signals for clear trend direction.
Support & Resistance Visualization:
Defense Lines: Pinpoint levels where buyers or sellers defend positions.
Zone Boxes: Highlight support/resistance areas with adjustable thresholds for precision.
Volume-Driven Confirmation:
Combines volume data to validate price levels.
Visualizes strength through dynamic box size and intensity.
⚡ Signals Explained
CDL (Change of Delivery Long): Indicates a bullish trend reversal.
CDS (Change of Delivery Short): Indicates a bearish trend reversal.
LD (Long Delivery): Confirms bullish trend continuation.
SD (Short Delivery): Confirms bearish trend continuation.
📊 Volume Strength Explained:
Volume strength = Current level volume ÷ (Average volume × Threshold).
Higher strength (above 100%) indicates stronger confirmation of support/resistance.
Boxes and lines dynamically adjust size and color to reflect strength.
🎯 Who Is It For?
This tool is ideal for scalpers, intraday traders, and swing traders who want to align their strategies with real market dynamics.
Scalpers: Identify quick reversals with shorter fractal lengths.
Intraday Traders: Spot balanced trends and continuations.
Swing Traders: Capture major market moves with higher confidence.
What to Do When Volume Strength Is Above 100%
Bullish Scenarios:
High volume at a support zone or during an upward move confirms strong buying interest.
Use it as confirmation for bullish setups.
Bearish Scenarios:
High volume at a resistance zone or during a downward move confirms strong selling pressure.
Use it as confirmation for bearish setups.
Range Markets:
High volume near range edges signals potential reversals or breakouts.
Observe price behavior to identify the likely scenario.
Breakouts:
High volume at key levels confirms the strength of a breakout.
Monitor for continuation in the breakout direction.
General Tip:
Combine high volume signals with other indicators or patterns for stronger confirmation.
🛠️ Customization Options
Configure fractal lengths, volume thresholds, and visual styles for optimal adaptability to scalping, intraday, or swing trading strategies.
Adjustable table display to track delivery bias, counts, and the latest signal.
📢 Alerts and Visuals:
Real-time alerts ensure you never miss critical signals.
Labels and lines mark CDL, CDS, LD, and SD levels for easy chart interpretation.
Cari dalam skrip untuk "volume"
Volume EquilibriumThe intent behind this indicator is to provide comprehensive information relating to volume compared to multiple timeframes. This indicator allows one to see what the market 'theoretically' sees as 'fair-value' whilst also allowing one to gauge where the price of a stock is headed.
Volume Equilibrium
The main indicator finds the difference between buying volume and selling volume, under the basic presumption that more buying volume indicates greater bullish sentiment and vice versa.
Buying Volume = volume when close price is higher than open price.
Selling Volume = volume when close price is lower than open price.
Volume Balance = Cumulative Buying Volume − Cumulative Selling Volume
Volume Balance is then expressed as a percentage by dividing by total volume
This indicator is composed of three different lengths of the same indicator. Short, Mid, and Long term representations of Volume Equilibrium. The difference between the mid and long term are highlighted so to make it easy to see where volume is going relative to a longer time frame.
HOW TO USE:
At 0 ---> Equilibrium ---> Equal Buying/Selling Volume
Above 0 ---> More buying Volume
Below 0 ---> More selling Volume
Using theory, it is assumed that the price is at a 'fair-value' when the buying/selling volume is at 0. This is of course relative to the respective timeframe of your choosing. More weight given to larger timeframes.
Volume Histogram
It is a basic volume chart that represents the total volume though has highlighted bars so to indicate buying(green) and selling(red) volume. This allows one to see what the indicator is based off of.
Open-Close Oscillator(not needed)
Calculates the average open-close for a selected timeframe and then provides the current closing price relative to that average open-close. Very simply put, values below 0 indicate bearish and values above 0 generally indicate bullishness. This indicator is for a quick reference of price action relative to volume.
Another way to use this indicator, though unique, is to analyze the separate open-close lines themselves. Using the open-close bands, bullishness is defined as increasing closing prices and bearish as decreasing closing prices. So, in regard to this indicator, bear sessions can be indicated by the opening line being below the closing line and bull sessions as the opening line being above. Use the 'flip' of these lines to your advantage, they are very helpful at capturing long continuous sentiment.
This indicator is composed of great information though I still think it best to use many different indicators to help you with your trades.
NOTE: Be aware of what we are trying to analyze, Volume. This means that one should also look out for divergences to capture early indications of reversals. This indicator can be leveraged greatly.
Volume Liqidations [EagleVSniper]The Volume Liquidations Indicator is designed for traders who want to spot significant liquidation events in the cryptocurrency markets, particularly between spot and futures volumes. This powerful tool auto-detects the trading asset and compares the volume data from both spot and futures markets to highlight potential high-volume liquidation points that can significantly impact price movement. Raw source code owner - tartigradia
Features:
Auto-Detect Functionality: Automatically identifies the current trading asset, providing an option for manual selection for both spot and futures symbols.
Volume Comparison: Calculates the difference between futures and spot volumes within a user-defined timeframe, helping to identify liquidation events.
Customizable Parameters: Offers customizable options for multipliers, lookback periods, and timeframe selection to tailor the indicator to your trading strategy.
Visual Indicators: Displays liquidation volumes as color-coded columns, with green indicating potential long liquidations and red for short liquidations. It also highlights bars that exceed the high-volume threshold, providing a clear visual cue for significant liquidation events.
Spot and Futures Volume MA: Includes optional moving average plots for both spot and futures volumes, allowing for a deeper analysis of market trends.
Highlighting High-Volatility Candles: The indicator uniquely colors candles that reach a predefined volatility threshold, determined by the user-set multiplier. This functionality aims to spotlight moments of significant market volatility, providing traders with immediate visual cues.
Dynamic Ticker Selection: Seamlessly switches between auto and manual ticker selection, providing flexibility for all types of traders.
How to Use:
Setup: Configure the indicator to your preferences. You can choose between automatic or manual ticker selection, set the multiplier for the high-volume threshold, and define the lookback period for the moving average calculation.
Analysis: The indicator plots differences in volume between futures and spot markets as columns on your chart, color-coded to indicate the direction of potential liquidations.
Decision Making: Use the indicator to identify potential liquidation events. High-volume thresholds are highlighted, suggesting significant market movements. Combine this information with other analysis tools to make informed trading decisions.
Volume Records + AlertContents
Overall Introduction
Settings menu parameters
Usage
How to use alerts
Limits
Overall Introduction
This indicator is a "volume analysis" tool for confirming the direction and strength of price trend and spotting trend reversals. This tool consists of two parts:
1- The colored graph is a custom volume oscillator which shows the relative changes in volume.
The darkening of the color of the bars is a sign of increasing volume.
2- Triangular labels that show trading volume records over different time periods based on the absolute values of the volume.
By creating an alert, you can be notified of new trading volume records. These records are:
Highest / lowest volume in one year,
Highest / lowest volume in six month
Highest / lowest volume in three month
Highest / lowest volume in one month
Highest / lowest volume in one week
Settings menu parameters
{Short Length} =>
The fast volume MA of the Volume Oscillator.
{Long Length} =>
The slow volume MA of the Volume Oscillator.
{Visual Parameters} =>
Parameters to personalize the appearance of the indicator.
{Alert Conditions Part 01: Highest Records ⏰ } =>
Parameters to customize the alert.
{Alert Conditions Part 02: Lowest Records ⏰ } =>
Parameters to customize the alert.
Usage
This indicator is a "volume analysis" tool for confirming the direction and strength of price trend and spotting trend reversals.
What Is Volume Analysis?
Volume analysis involves examining relative or absolute changes in an asset's trading volume in order to make inferences about future price movements.
A significant price increase along with a significant volume increase, for example, could be a credible sign of a continued bullish trend or a bullish reversal.
The gradual darkening of the bars is a sign of the strength of the trend.
Volume can be an indicator of market strength, as rising markets on increasing volume are typically viewed as strong and healthy.
How to use alerts
Note that by creating an alert, an instance of the indicator, with all your settings, will be activated on the site's server and alerts will be triggered by it.
After that, changing the indicator settings on the chart will no longer affect the alert.
Open the settings window and select the alert conditions as you wish
Click the Create Alert button (or press the A key while holding down the ALT key)
In the Condition section, select the name of the indicator.
Make the rest of the settings as you wish.
Finally, click on the Create button.
It's finished. After a few moments, your alert will be added to the Alerts menu.
Limits
The labels are displayed after the bars close.
Labels are displayed for the last 10,000 bars.
VSA + Volume Oscillator [@TradersVenue]Volume is very crucial while trading, as it indicates the participants interest in the script. Focus is to look for the high volume candles which had a significant price action to initiate a trade on the scrip. This volume indicator combines the VSA signals along with volume and highlights price action using different symbols.
Highlights:
Major Sign of Strength (SoS) - Downthrust Bar supported by momentum & in the direction of trend (Green Star Under the candle)
Any candle highlighted with a Green star is a solid breakout candle where price volume action indicates that participants wants the price to move up. This is normally a wide range bar with ultra high volume closing near the upper part of the candle. Also the trend and momentum favours the breakout which is identified using MA & RSI to support the bullish case.
Major Sign of Weakness (SoW) - Upthrust Bar supported by momentum & in the direction of trend (Red Star Under the candle)
Any candle highlighted with a Red star is a solid breakdown candle where price volume action indicates that participants wants the price to move down. This is normally a wide range bar with ultra high volume closing near the lower part of the candle. Also the trend and momentum favours the breakout which is identified using MA & RSI to support the bullish case.
Normally prefer trading the scrip in the direction of breakout or breakdown after noticing a starcandle. Apart from that there are some important VSA signals for which quick cheet sheet is given below.
Sign of Strength (SoS) - Green Star/Circle/Square
Sign of Weakness (SoW) - Red Star/Circle/Square
Circle represents - Stopping Volume (SV) if green, Supply Overcomes Demand (SoD) if red.
Square represents a TrendReversal (TR), if green bullish, if red bearish
Apart from that you can view the volumes either in the form of oscillator which is calculated basis the standard deviation or normal volumes. Deep Green/Green volume bars represent high volume green candle. Deep Red/Red candle represents high volume sell candle. Pink and blue candles are those where volume action is low or negligible to take any trade basis that. Prefer using the indicator with default settings.
Price action is least lagging indicator as compared to other indicators. And as usual no indicator has 100% success rate. So I urge all users not to consider this as a holy grail. This indicator need to be used along with the VSA signal indicator (which can be plotted on the chart) and RSI indicator which is provided as full VSA trading setup for swing trades. The overall usage will be provided through a demo to the subscribing users. In order to gain access to this indicator you may contact me using the below signature.
Volume Columns w. Alerts (V) [LucF]These are volume columns on steroids, for serious volume users. You can use the indicator to show volume columns or relative volume. You can define alerts using numerous conditions in both column and relative modes simultaneously. Multiple coloring schemes allow you to reveal volume columns in a much more useful light than the two-color standard.
Features
Seven Color Schemes
Plain gray.
Different color for columns above average MA.
Standard green and red.
Color gradient using the relative position of MA (default mode).
The first 3 schemes allow for highlighting increasing volume columns.
A gray column in an otherwise colored scheme indicates no change in price.
Two Modes
Column Mode: In this mode you can show the volume MA and mask the columns under it. The standard is an EMA because I think it better suits volume’s quick changes, but you can change it to the usual simple MA, as well as define its length.
Relative Volume: Calculations have been kept rudimentary. Current volume is simply compared to the previous bar’s volume. In order to compensate for this, a multiple area mode also compares current volume to 5, 15, 50 and 200 periods MAs. You can choose to view only the main relative volume value. Relative volume is capped in order to prevent the loss of detail caused by wild increases. The default cap is 10, but you can define your own. Spikes that are capped show a dot at their top. A separate threshold (its default value is the standard 2) is included for relative volume; it is used to generate relative volume markers.
Four Markers
Bumps (marker 1): A bump occurs when an increasing volume column is above its MA and the candle’s close is above/below the previous close.
Double Bumps (marker 2): A double bump occurs when 2 bumps are present in the last 3 bars.
Volume Over MA (marker 3): Triggers whenever volume is above MA. This is the noisiest of the markers.
Relative Volume (marker 4): This event occurs when relative volume crosses the pre-defined threshold.
You can choose to only show long or short markers.
Two Backgrounds
You can choose to highlight the background on bumps and double bumps.
Alerts
You can define alerts on any combination of markers you configure. After defining the markers you want the alert to trigger on, make sure you are on the interval you want the alert to be monitoring at, then create the alert, select V, use the default “Configured Markers” alert condition and choose your triggering window (usually “Once Per Bar Close”). Once the alert is created, you can change the indicator's inputs with no effect on the alert.
No worthwhile price movement exists without volume. It thus makes sense to define alerts on volume if you want to monitor markets. I use the markers to define two types of alerts. For general market scanning, I use markers 2 and 4 on high time frames. When I have identified a good opportunity for entry and am waiting for confirmation, I will often setup a custom alert for that market at a shorter time interval using markers 1 and 4.
Notes
Until we have access to delta volume information on TradingView, this indicator tries to get the most out of volume columns without using security calls at inside intervals to get more resolution on volume, because it slows things down considerably.
The chart shows different combinations of color schemes and markers, along with my TLD indicator on the chart.
Volume Profile: Intra-bar VolumeThis indicator was developed as part of a free blog post tutorial on the Backtest-Rookies website for detailed code commentary, head over there.
Scope
The indicator shall attempt to do the following:
Look at a lower time-frame. E.g 5 minutes when on a 1-hour chart.
Create a function to loop through through candles and make an assessment.
If the candle it closed up, the volume will be categorized as buying volume. Conversely, if it closed down, the volume will be categorized as selling volume
The function will then be passed to the security() function to run on a lower timeframe.
All buying volume and selling volume from the lower time-frame shall be summed and displayed on the main chart.
Important Note
This indicator will not give you genuine buying or selling volume. It simply follows the assumption that if price closed up, there must have been more buyers than sellers and if it closed down we assume the opposite.
Usage
In order to use this indicator, users will need to calculate how many lower time-frame bars are contained in the time-frame on the main chart. So for example, the default settings are configured for the indicator to be run on the 1H chart. As a result, we need to set the "Bars on Lower Timeframe" input to 12. This is because there are 12 x 5-minute bars in 60 minutes.
Volume Indicator VSidea take from Alexander Elder, author of: The New Trading for a Living: Psychology, Discipline, Trading Tools and Systems, Risk Control, Trade Management
Meaning of colouring:
- Green bar Volume: If we look back certain numbers of volume bars, higher close price and higher volume.
- Blue bar Volume: If we look back certain numbers of volume bars, higher close price and lower volume.
- Red bar Volume: If we look back certain numbers of volume bars, lower close price and higher volume.
- Orange bar Volume: If we look back certain numbers of volume bars, lower close prince and lower volume.
- Grey bar Volume: If we look back certain numbers of volume bars, same price and same volume.
Volume Delta Trailing Stop [LuxAlgo]The ' Volume Delta Trailing Stop ' indicator uses Lower Time Frame (LTF) volume delta data which can provide potential entries together with a Volume-Delta based Trailing Stop-line .
🔶 USAGE
Our 'Volume Delta Trailing Stop' script can show potential entries/Stop Loss lines
A trigger line needs to be broken before a position is taken, after which a Volume Delta-controlled Trailing Stop-line is created:
🔶 DETAILS
🔹 Volume rises when bought or sold
🔹 When the opening price appears on the chart, a buy/sell order has been executed.
If that order is less than the available supply of that particular price, volume will rise, without moving the price.
🔹 When the opening price is the same as the closing price, the volume of that bar can be seen as "neutral volume" (nV); nor "up", nor "down" volume.
Example
A buy order doesn't fill the first available supply in the order book. This price will be the opening price with a certain volume.
When at closing time, price still hasn't moved (the first available supply in the order book isn't filled, or no movement downwards),
the closing price will be equal to the opening price, but with volume. This can be seen as "neutral volume (nV)".
🔹 Delta Volume (ΔV): this is "up volume" minus "down volume"
🔹 Standard volume is colored red when closing price is lower than opening price ( = "down volume").
🔹 Standard volume is colored green when closing price is higher OR equal (nV) than opening price ( = "up volume").
🔹 Neutral Volume
The "Neutral-Volume" is considered "Up-Volume" - setting will dictate whether nV is considered as green 'buy' volume or not.
🔶 EXAMPLE
29 July 10:00 -> 10:05, chart timeframe 5 minutes, open 29311.28, close 29313.89
close > open, so the volume (39.55) is colored green ("up volume").
(The Volume script used in the following examples is the open-source publication Volume Columns w. Alerts (V) from LucF )
Let's zoom to the 1-minute TF:
The same period is now divided into more bars, volume direction (color) is dependable on the difference between open and close.
Counting up and down volume gives a more detailed result, it remains in an upward direction though):
(ΔV = +15.51)
Let's further zoom in to the 1-second TF:
The same period is now divided into even more bars (more possibility for changing direction on each bar)
Here we see several bars that haven't moved in price, but they have volume ("neutral" volume).
(neutral volume is coloured light green here, while up volume is coloured darker green)
When we count all green and red volume bars, the result is quite different:
(ΔV = -0.35)
In total more volume is found when price went downwards, yet price went up in these 5 minutes.
-> This is the heart of our publication, when this divergence occurs, you can see a barcolor changement:
• orange: when price went up, but LTF Volume was mainly in a downward direction.
• blue: when price went down, but LTF Volume was mainly in an upwards direction.
When we split the green "up volume" into "up" and "neutral", the difference is even higher
(here "neutral volume" is colored grey):
(ΔV = -12.76; "up" - "down")
🔶 CONCEPTS
bullishBear = current bar is red but LTF volume is in upward direction -> blue bar
bearishBull = current bar is green but LTF volume is in downward direction -> orange bar
🔹 Potential positioning - forming of Trigger-line
When not in position, the script will wait for a divergence between price and volume direction. When found, a Trigger-line will appear:
• at high when a blue bar appears ( bullishBear ).
• at low when an orange bar appears ( bearishBull ).
Next step is when the Trigger-line is broken by close or high/low (settings: Trigger )
Here, the closing price went under the grey Trigger-line -> bearish position:
🔹 Trailing Stop-line
When the Trigger-line is broken, the Trailing Stop-line (TS-line) will start:
• low when bullish position
• high when bearish position
You can choose (settings -> Trigger -> Close or H/L ) whether close price or high/low should break the Trigger-line
When alerts are enabled ("Any alert() function call"), you'll get the following message:
• ' signal up ' when bullish position
• ' signal down' when bearish position
After that, the TS-line will be adjusted when:
• a blue bullishBear bar appears when in bullish position -> lowest of {low , previous blue bar's high or orange bar's low}
• an orange bearishBull bar appears when in bearish position -> highest of {high, previous blue bar's high or orange bar's low}
When alerts are enabled ("Any alert() function call"), and the TS-line is broken, you'll get the following message:
• ' TS-line broken down ' when out bullish position
• ' TS-line broken up ' when out bearish position
🔹 Reference Point
Default the direction of price will be evaluated by comparing closing price with opening price.
When open and close are the same, you'll get "neutral volume".
You can use "previous close" instead (as in built-in volume indicator) to include gaps.
If close equals open , but close is lower than previous close , it will be regarded as " down volume ",
similar, when close is higher than previous close , it will be regarded as " up volume "
Note, the setting applies for the current timeframe AND Lower timeframe:
Based on: " open " (close - open)
Based on: " previous close " (close - previous close)
🔹 Adjustment
When the TS-line changes, this can be adjusted with a percentage of price , or a multiple of " True Range "
Default (Δ line -> Adjustment - 0)
Δ line -> Adjustment 0.03% (of price)
Δ line -> Mult of TR (10)
🔶 SETTINGS
🔹 LTF: choose your Lower TimeFrame: 1S (seconds), 5S, 10S, 15S, 30S, 1 minute)
🔹 Trigger: Choose the trigger for breaking the Trigger-line ; close or H/L (high when bullish position, low when bearish position)
🔹 Δ line ( Trailing Stop-line ): add/subtract an adjustment when the TS-line changes ( default: Adjustment ):
• Adjustment ( default: 0 ): add/subtract an extra % of price
• Mult of TR : add/subtract a multiple of True Range
🔹 Based on: compare closing price against:
• open
• previous close
🔹 "Neutral-Volume" is considered "Up-Volume" : this setting will dictate whether nV is considered as green 'buy' volume or not.
🔶 CONSIDERATIONS
🔹 The lowest LTF (1S) will give you more detail and will get data close to tick data.
However, a maximum of 100,000 intrabars can be used in calculations .
This means on the daily chart you won't see anything since 1 day ~ 86400 seconds. (just over 1 bar)
-> choose a lower chart timeframe, or choose a higher LTF (5S, 10S, ... 1 minute)
🔹 Always choose a LTF lower than the current chart timeframe.
🔹 Pine Script™ code using this request.security_lower_tf() may calculate differently on historical and real-time bars, leading to repainting .
Volume-Weighted Price Levels (VWPL)Introduction:
In this script, we will be creating an indicator that plots horizontal lines on the chart for each unique price in a given range, and colors them based on the volume of that price.
Explanation:
First, we define the input "Length" as an integer. This will determine the number of bars back from the current bar to include in the range.
We then create two arrays: "price" and "vol." The "price" array will store all the unique prices in the given range, and the "vol" array will store the corresponding volumes for those prices.
Using a for loop, we iterate through the range of bars and check if the current close price is already included in the "price" array. If it is not, we add it to the array and also add the corresponding volume to the "vol" array. If it is already included, we find the index of that price in the "price" array and add the current volume to the volume stored at that index in the "vol" array.
After the for loop, we find the maximum volume in the "vol" array and use that to find the corresponding price in the "price" array. This will be the price at which we draw the horizontal line.
We then create an array of lines called "lines" and, using another for loop, we iterate through the "price" array and add a line to the "lines" array for each price. The color of each line is determined by the volume of that price, using a color gradient from blue (lowest volume) to red (highest volume).
Finally, we use an if statement to check if the current bar is the last bar in the chart, and if it is, we use another for loop to iterate through the "lines" array and delete all the lines. This is to prevent the lines from being carried over to the next bar and potentially being plotted multiple times.
Conclusion:
This script can be useful for visualizing the price levels with the highest volume in a given range, as well as seeing how volume is distributed among different price levels. It can be helpful for identifying areas of significant buying or selling pressure.
Volume Profile Volume Delta OI Delta [Kioseff Trading]Hello!
This script serves to distinguish volume delta for any asset and open interest delta for Binance perpetual futures.
The image above provides further explanation of functionality and color correspondence.
The image above shows the indicator calculating volume at each tick level and displaying the metric.
The label color outline (neon effect) is configurable; the image above is absent the feature.
The image above shows Open Interest (OI) Delta calculated - similar to how the script calculates volume delta - for a Binance Perpetual Future pair.
This feature only works for Binance Futures pairs; the script will not load when trying to calculate OI Delta on other assets.
Additionally, a heatmap is displayable should you configure the indicator to calculate it.
The image above shows a heatmap using volume delta calculations.
The image above shows a heatmap using OI delta calculations.
Of course, these calculations - when absent requisite data - require some assumptions to better replicate calculations with access to requisite data.
The indicator assumes a 60/40 split when a tick level is traded at and only one metric - "buy volume" or "sell volume" is recorded. This means there shouldn't be any levels recorded where "buy volume" is greater than 0 and "sell volume" equals 0 and vice versa. While this assumption was performed arbitrarily, it may help better replicate volume delta and OI delta calculations seen on other charting platforms.
This option is configurable; you can select to have the script not assume a 60/40 split and instead record volume "as is" at the corresponding tick level.
The script also divides volume and open interest if a one-minute bar violates multiple tick levels. The volume or open interest generated on the one-minute bar will be divided by the number of tick levels it exceeds. The results are, subsequently, appended to the violated tick levels.
Further, the script can be set to recalculate after a user-defined time threshold is exceeded. You can also define the percentage or tick distance between levels.
Also, it'd be great if this indicator can nicely replicate volume delta indicators on other charting platforms. If you've any ideas on how price action can be used to better assume volume at the corresponding price area please let me know!
Thank you (:
Volume Surge indicatorThis indicator highlight candles when Volume surge "X" times in compare of last "n" candle.
It helps you to find moments of market which Volatility and Position volumes raise significantly.
In other words, It shows footstep of "Big Banks" or "Whales" or other Giants ;)
- default value highlight candles when Volume is 2 time more than average of last 30 candle. But you can modify both values in your favor.
* You can set Alarm for notifying in advance when Volume surge happened on any chart.
I hope you guys find it helpful and handy
Volume peak visualizerVery simple indicator to show how relatively large a volume is, in comparison to previous volumes. IMHO it's clearer than the default version.
Volume SpikeThis script identifies volume spikes as a percentage change of the current bar's volume compared to the previous 3 bars' average volume.
Volume Equilibrium Overlay(2 of 2)This is an overlay for a prior script I've created: Volume Equilibrium.
To sum it up in a brief manner, this script plots when there is "volume-equilibrium" aka prices that the market may see as "fair-value" relative to the specified timeframe. This script provides what my last code lacked and that is a visual representation of critical prices.
The arrows beside the indications indicate the direction that the buying/selling volume was heading towards.
UP ARROW - indicates that equilibrium was had via increasing buy volume
DOWN ARROW - indicates that equilibrium was had via decreasing buy volume
Remember, this doesn't inherently mean that a stock is supposed to go up or down. Its just a representation of 'fair-value' points using volume. Also remember... both indicators provide what the other lacks. It isn't necessary to use both but for a broad overview of volume it definitely helps to at least be aware of how this information can be represented. Perhaps... consider switching between the two to see what you may be missing.
I believe finding 'fair-value' points via volume and price action provides a more objective way to measure what prices one should look at rather then arbitrary lines plotted on a chart. For more information feel welcome to look at the script that this code is based off of.
Volume Indıcator [JP & Dia]The volume indicator refers to the total amount of a financial instrument that has been traded within a specific time frame. This can include shares, contracts, or lots. Market exchanges track and provide this data. The volume indicator is one of the oldest and most widely used indicators in trading. It is typically represented by colored columns, with green indicating up volume and red indicating down volume, along with a moving average. Unlike other indicators, the volume indicator is not based on price. A high volume suggests a strong interest in a particular instrument at its current price, while a low volume suggests the opposite.
When there is a sudden increase in trading volume, it indicates a higher likelihood of the price changing. This often occurs during news events. Strong trending movements are often accompanied by increased trading volume, which can be seen as a measure of strength. Traders would typically expect to see high buying volume at a support level and high selling volume at a resistance level. There are various ways to incorporate volume into a trading strategy, and many traders combine it with other analysis techniques.
USECASE :
Timeframe Selection: Choose the timeframe for which you want to analyze the volume.
Volume Display Options: Toggle the display of today’s, yesterday’s, and the day before yesterday’s volume data.
Text Color: Select the color for the text in the volume table.
Volume Data Retrieval: The script fetches volume data for the selected timeframe and the daily volume for the current and previous two days.
Percentage Change Calculation: Calculates the percentage change in volume between days to identify significant increases or decreases.
Volume Table: A table is created to display the volume data and percentage changes, updating in real-time with each new bar.
Volume Surge Analysis [UAlgo]The "Volume Surge Analysis " indicator is designed to detect significant volume surges in the market. By analyzing volume relative to its moving average and incorporating a comparison of the true range of price movements, this script highlights potential bullish and bearish volume spikes. Traders can utilize these signals to identify moments of heightened market activity that may indicate strong buying or selling pressure.
🔶Features
Volume Multiplier: Customizable setting to define the threshold for what constitutes a volume surge.
Volume SMA Length: Adjustable length for the Simple Moving Average (SMA) of volume.
Price Movement Analysis
Enhances the volume analysis by adding an additional layer of context, helping to confirm whether a volume surge is associated with buying or selling pressure.
True Range Calculation: Measures the range of price movement to understand volatility.
Positive Movement (DM+): Calculated when the current high minus the previous high is greater than the previous low minus the current low. This helps identify strong upward movements.
Negative Movement (DM-): Calculated when the previous low minus the current low is greater than the current high minus the previous high. This helps identify strong downward movements.
Integration with Volume Analysis: By combining the volume analysis with price movement analysis, the script can more accurately determine whether a volume surge is likely driven by bullish or bearish sentiment. This integration helps filter out false signals and provides more reliable indications of market activity.
Median Volume Comparison: Compares the current volume against the median volume multiplied by the volume multiplier to identify significant volume spikes.
Bullish and Bearish Surge Signals: Plots circles above or below bars where significant volume surges occur, indicating potential bullish or bearish movements.
Color Customization: Options to set specific colors for bullish and bearish signals to enhance visual clarity.
Bar Coloring: Optional feature to change the color of bars based on detected volume surges.
Alerts: Configurable alerts for bullish and bearish volume spikes to notify traders in real-time.
🔶Interpretation:
Bullish Volume Surges ( Teal Circles ): These circles appear above the bar when the current volume exceeds the median volume by the specified Volume Multiplier, and the smoothed Positive Directional Index (PDI) is greater than the smoothed Negative Directional Index (NDI). This suggests a potential uptrend with strong buying pressure.
Bearish Volume Surges ( Red Circles ): These circles appear below the bar when the current volume exceeds the median volume by the specified Volume Multiplier, and the smoothed NDI is greater than the smoothed PDI. This suggests a potential downtrend with strong selling pressure.
Overall, the "Volume Surge Analysis " indicator serves as a valuable tool for traders seeking to identify potential trend reversals or strong continuations based on with an above-average rise in volume and directional momentum.
🔶Disclaimer
This indicator is intended for informational and educational purposes only and should not be construed as financial or investment advice. Trading involves substantial risk, and it is essential to conduct your own research and consult with a qualified financial advisor before making any trading decisions.
Volume Explosion [ProjeAdam]OVERVIEW
The purpose of the indicator is to detect significant changes in trading volume in financial markets.
USER GUIDE:
The user can change the sensitivity of the indicator by adjusting the multiplier value. The higher the multiplier, the harder it is to detect high volume bars.
The multiplier set by the user determines how much a move above the volume values is considered an "explosion". A higher multiplier results in fewer volume bursts being detected.
ALGORITHM
LANGUAGE
We have two different language options in our indicator. Users can use it in Turkish or English.
If we change the language option on our indicator, the language on our indicator that shows the upper and average level of our Band changes.
CALCULATING EXPLOSIONS
The indicator calculates the simple moving average of volume over a certain period of time. This average is used to identify abnormal movements by comparing it with the current volume.
If the current volume is higher than a certain multiple of the moving average, this is considered a volume burst. This indicates significant activity in the market.
ALARMS
We can change the parity for which we want to receive an alarm from the settings panel and ensure that we receive an alarm at the parity we want.
VİSUALİZATİON
When an alarm occurs in our parities, a separate indicator appears at the bottom right of the chart showing which parities the alarm is triggered in.
If there is no signal in the next bar, this table is automatically deleted.
Example
We understand that we have excessive volume in the two bars in our example and that interest in this financial product has increased in this region.
Benefits
This indicator is especially useful for traders who care about volume changes.
This indicator can be used as a helpful tool in trading decisions, as sudden increases in volume can be the beginning of a significant move in the market.
If you have any ideas what to add to my work to add more sources or make calculations cooler, suggest in DM .
Volume HeatMap With Profile [ChartPrime]The Volume Heatmap with Profile indicator is a tool designed to provide traders with a comprehensive view of market activity through customizable visualizations. This indicator goes beyond traditional volume analysis by offering a range of adjustable parameters and features that enhance analysis of volume and give a cleaner experience when analyzing it.
To get started click the start and end time for the profile.
Key Features:
Extended Calculation: This indicator extends its calculation to the last bar, ensuring that the user has insights into current market dynamics.
Point of Control (POC): Easily identify the price level at which the highest trading activity has occurred, helping the user pinpoint potential reversal points and significant support/resistance zones.
VWAP Point of Control: Display the Volume Weighted Average Price (VWAP) Point of Control, giving the user a clear reference for determining the average price traders are paying and potential price reversals.
Adjustable Colors for Heatmap: Change the heatmap colors to the users preference, allowing the user to match the indicator's appearance to their chart style and personal visual preferences.
Forecasted Zone: This feature allows traders to forecast areas of high activity by providing the option to adjust colors within this zone. This feature assists in identifying potential breakouts or areas where increased trading volume is anticipated.
Volume Profile: Customize the colors of the volume profile to make it distinct and easily distinguishable on the chart.
Adjustable Volume Levels: Specify the number volume levels that are most relevant to your trading strategy.
Adjustable Placement for Volume Profile: Position the volume profile on the chart. Whether the user prefers it on the left, right, or at the center of the chart, this indicator offers placement flexibility.
The ratio of bull vs bear volume is plotted on the outside of the range indicating how bullish or bearish price action is in a given range.
Volume Heatmap v7FTJR20This indicator is a heatmap of the financial volume used in the asset, I use three different means to define the heatmap separating it into 3 phases
Phase A: Low volume
Phase B: Medium volume
Phase C: High volume
don't worry about these data, the indicator is configured to auto-interpret the information.
The heatmap uses the following colors and specifications
Red = Ultra High Volume
Orange = High Volume
Yellow = Average Volume (balance)
Blue = Low volume
White = Volume below average
The heatmap compares the phases to identify if it finds a standard deviation over time, that is, you can see a smaller volume with the same red bar as a previous larger red bar, this is because the attacks are updated in real time.
Tutorial:
1 - In point 1 we have an aggression with yellow and orange bars, that is, a balance with aggressions. As we are coming from an uptrend, the probability is a reversal and the answer came in sequence with a red drop bar with ultra volume, so we have a seller in control.
2- after point 1, we see that we only have several blue and white bars, that is, possibly the red bar absorbed the seller and the seller flow was decreasing, notice that the prices held for 3x so the buyer attacks the seller with an orange bar.
3- at point 3, we have two yellow bars, a balance, notice that it is an aggression, any yellow, orange or red bar is an aggression, that is, there was a passive seller selling at higher values, taking advantage of the stops in a region where there was buying demand (people buying wrong!)
4- Before reaching point 4, notice that in general the price is moving practically sideways and the volume is decreasing (white and blue bars), exhaustion of the buyer volume (no demand) and the answer in point 4 came in aggression with yellow bars and oranges.
* the seller lets the market go up to make sure he is in control and when he tests the pivot zone he attacks with a red bar (notice that this red bar is smaller than the previous ones, this is the magic of the indicator divided into 3 phases).
5- After the market goes through the natural distribution phases, we see a red bar with a high spread, whenever you see a red bar with a 2 to 3x spreed, it is a region with potential for reversal.
6- Note that after the characteristics of point 5 the asset works in zig zag, volume decreasing and the reversal comes with little volume, it is natural to engulf without volume this is the reversal signal, notice that it touches the bottom several times and not loses the region after a red bar with very high spread.
*notice that the buyer let it form a giant (shoulder head shoulder) to make a trap and the price always respected the volume of the first red bar at point 1.
7- see that the asset entered an uptrend and the phase is repeating itself, asset rising in a wave A, made a corrective B wave in smaller ABC and is making a C wave, at this moment it is a probability to enter a red bar after test the resistance and have a significant increase in volume.
- I like your feedback and leave your settings and experiences in the comments.
Volume SpikesOVERVIEW
Easily identify volume spikes. This indicator identifies volume spike bars and highlights them to facilitate studying volume spikes alongside price action.
CONCEPTS
Bars with abnormally high volume indicate market interest and are worth a closer look. They could indicate market exhaustion or act as future areas of S/R (as shown by the horizontal rays above).
The question is the level of volume that should prompt our interest.
Here, we use the Upper Band of a long-term Bollinger Bands applied on volume to identify bars with outlier volumes. (The lower panel of the chart shown serves to illustrate this concept, and is not included in this indicator.)
HOW TO USE
Volume spike bars will be highlighted in green by default. You may study how the market price action reacts to these volume spikes without the distraction of a separate plot.
Parameters
Period - Lookback period for the Bollinger Bands applied on volume.
Multiple - Multiple for the same Bollinger Bands.
Feel free to experiment with the parameters, but the default parameters work well for me on daily charts. However, for intraday timeframes, due to the typical skewing of volume to the beginning and end of a session, they do not work as well.
