TeoTrading 39 - High Volume DetectorThis indicator prints "V" signal when the Volume is higher than a specified threshold.
You can change input parameters for:
- Quantity of Candles to calculate the volume average.
- Percent of Volume: for example 1,8 is 80% higher than the average.
- Parameter to change the Bar Color when the volume is higher than the threshold.
Cari dalam skrip untuk "volume"
Elledge Volume Painted BarsThis indicator uses the volume and average volume for the given candle to determine the color for the given candle. The brighter the green, the higher the buyer volume. The brighter the red, the higher the seller volume.
The volume average is used to determine the bar's color. Under the average yields a dark color. Over the average yields the middle setting. While over 2x average volume gives the brightest color.
Quantum Tick VolumesMany forex traders assume there is no volume in the foreign exchange market. And they would be correct. There is no central exchange, not yet anyway. And even if there were, what would it report?
What there is however is activity, and this is captured as tick volume. After all, volume is simply displaying activity, the buyers and sellers in the market. So for volume read activity, and for activity read volume โ simple.
First, the indicator paints the volume bars the same color as the candles on the chart. This means you can quickly match price and volume bars together. If youโre trading using volume and price as your core methodology, this is imperative. Your analysis will depend on a fast interpretation of the volume price relationship.
Second, the indicator prints a dynamic midpoint based on the daily data, giving you an instant picture of whether the volume is high, medium or low in the time frame selected. Again, this is essential for correctly analyzing the price volume dynamic. After all, what is average volume in the London session, may be high volume in the Asian session. The dynamic midpoint level reveals this instantly on the indicator, helping you make sense of the highs and lows of each volume bar.
BTC Volume Lines [v2018-11-17] @ LekkerCryptisch.nlCombine the volume of 8 BTCUSD exchanges in one graph.
Three use cases:
1) See the absolute volumes in one graph
2) See the relative volumes in one graph
3) See the deviation of the EMA the volumes in one graph
AR-Volume ProfileAR-Volume Profile plots two volume profiles on your chart at the same time:
โข Daily Volume Profiles (multiple days back, always visible)
โข Hourly Volume Profiles (last N hours, designed for โค 15m timeframes)
Itโs built to stay clean, readable, and performance-safe, while still letting you see where volume built up across recent structure.
________________________________________
What You See On Chart
- Daily Profiles (Multi-day) Increased using Polylines
โข Shows Volume Profile histograms for the last X days back (you choose).
โข Each day is drawn as a horizontal histogram inside that dayโs session.
โข Color logic:
o Base (all volume)
o Value Area (VA)
o POC (Point of Control)
- Daily Levels (POC / VAH / VAL)
โข Adds optional horizontal levels:
o POC
o VAH
o VAL
โข You can choose whether to draw these:
o Today only, or
o Past days too (if enabled in your version)
โข Levels can optionally extend to the right to act like HTF references.
- Hourly Profiles (Intraday context)
โข Shows profiles for the last N hours (you choose).
โข Meant to be used on 15m and below for clean intraday mapping.
โข Optional hourly level lines are available too.
________________________________________
How It Calculates Volume
This is a bar-based approximation of a volume profile:
โข Each candleโs volume is distributed across its price range based on overlap with bins.
โข Flat candles (very small range) are placed into the nearest bin.
โข This gives a reliable โwhere volume accumulatedโ view without needing exchange order-by-order data.
________________________________________
Key Inputs Explained
Daily Profile (Always Visible)
โข Days back to show (Daily)
How many previous daily profiles you want displayed.
โข Daily bins
Higher bins = more detail (but higher object usage).
โข Daily Value Area %
Default 70% like traditional VP.
โข Daily profile width (% of day)
Controls how wide the histogram is inside the day.
โข Daily profile side
Left or Right inside each day.
โข Show Daily POC/VAH/VAL lines
Enable level lines.
โข Extend Daily levels to the right
Makes daily levels act like forward HTF liquidity/targets.
Hourly Profile (15m and below)
โข How many hours
Number of hourly profiles to display.
โข Hourly bins
โข Hourly profile width (% of hour)
โข Hourly profile side
โข Show Hourly POC/VAH/VAL lines
________________________________________
Best Use Cases
- Intraday trading (scalping + day trading)
- Mapping premium/discount volume build-ups
- Pairing with:
โข liquidity sweeps
โข order blocks
โข HTF levels
โข session ranges
โข breaker / mitigation concepts
________________________________________
Recommended Settings (Practical)
If you want more daily history, you must balance line budget.
Example setups:
โClean Daily Focusโ (more days)
โข Daily bins: 60โ80
โข Days back: 10โ20
โข Hours: 0โ4 (or lower)
โข Budget mode: Daily First
โIntraday Heavyโ (more hourly detail)
โข Hourly bins: 30โ50
โข Hours: 8โ12
โข Days back: 3โ7
โข Budget mode: Hourly First
________________________________________
Notes / Limitations
โข Hourly profiles are designed for โค 15m timeframes.
โข This uses approximate volume distribution from candle ranges (not exchange tick VP).
โข If volume data is missing on the symbol/broker, results will be less meaningful.
โข Visual output depends on instrument liquidity + chart zoom.
DTR Volume 1DDTR Volume 1D is a powerful tool to analyze volume and market activity across different trading sessions. It provides detailed session-level insights to help traders understand where the market is most active and identify key price levels.
Key Features:
1. Session Volume Profiles
- Displays volume distribution for each session.
- Supports Tokyo, London, New York, Daily, Weekly, Monthly, Quarterly, and Yearly sessions.
- Optional Forex session boxes without profiles.
2. Volume Analysis Tools
- Highlights POC (Point of Control) โ the price level with the highest traded volume.
- Shows VAH (Value Area High) and VAL (Value Area Low) with optional Value Area Box.
- Tracks live session zones for real-time monitoring.
3. Customizable Display
- Adjustable resolution for finer or coarser profiles.
- Multiple bar modes for different visual styles.
- Fully customizable colors for up/down volume, boxes, lines, and POC.
- Option to smooth volume data for assets with large volume spikes.
4. Data Type Options
- Supports standard Volume or Open Interest data.
5. Session Boxes and Labels
- Automatically draws session boxes with high/low range.
- Optional session labels for easy identification.
6. Smart Calculations
- Auto-detects session start and end.
- Calculates volume profiles based on user-defined resolution.
- Highlights important levels dynamically during the session.
DTR Volume 1D is ideal for traders who want a clear, actionable view of volume distribution and session dynamics, helping you make better trading decisions with session-level insights.
Delta Volume BubblesDelta Volume Bubbles
Visualize order flow delta at specific price levels with automatic threshold detection
Overview
Delta Volume Bubbles is an order flow indicator that displays volume delta at individual price levels within each candle, rather than showing aggregate candle delta. This level-by-level analysis shows where buying and selling pressure is concentrated, helping identify key support and resistance zones based on actual order flow.
Key Features
Level-Based Delta Calculation : Unlike traditional delta indicators that show total candle delta, this indicator calculates and displays delta for each price level within the candle's range, providing granular order flow information.
Automatic Threshold Detection : The indicator automatically calculates dynamic thresholds using a rolling window analysis (similar to volume spike detection). Three threshold levels are determined:
2.5x average delta (normal bubbles)
3.5x average delta (large bubbles)
5.0x average delta and above (huge bubbles)
Intrabar Analysis : Uses lower timeframe intrabar data to calculate delta for each price level. The indicator automatically selects the appropriate lower timeframe based on your chart timeframe.
Delta Calculation : Uses proprietary delta deduction logic that considers:
Candle body size and range
Upper and lower shadows (wicks)
Body-to-range ratio
Price action characteristics
Proportional Delta Distribution : When an intrabar crosses multiple price levels, its delta is distributed proportionally based on the overlap between the intrabar's range and each level.
Dynamic Level Sizing : Price levels are calculated using ATR (Average True Range) divided by 10, with a minimum of the symbol's minimum tick size.
Visual Bubble Sizes : Three distinct bubble sizes correspond to the three threshold multipliers, indicating the magnitude of delta at each level.
Color Coding :
Green bubbles indicate bullish delta (buying pressure)
Red bubbles indicate bearish delta (selling pressure)
Optional Labels : Display delta values directly on bubbles with K/M/B formatting (K for thousands, M for millions, B for billions).
How It Works
Level Creation : For each confirmed candle, the indicator divides the price range into multiple levels based on ATR calculations. Each level represents a specific price zone within the candle.
Intrabar Data Collection : The indicator requests lower timeframe intrabar data (OHLCV) to analyze price action within the main candle. The lower timeframe is automatically selected based on your chart timeframe.
Delta Calculation : For each intrabar, the indicator calculates delta using proprietary logic that considers body size, wicks, and price action characteristics.
Level Distribution : Each intrabar's delta is distributed across all price levels it crosses, proportionally based on the overlap between the intrabar's range and each level.
Threshold Calculation : The indicator maintains a rolling window of maximum deltas from previous candles (last 300 bars). It calculates separate averages for positive and negative deltas, then applies multipliers (2.5x, 3.5x, 5.0x) to determine thresholds.
Bubble Display : Only price levels with delta exceeding the 2.5x threshold are displayed as bubbles. The bubble size indicates which threshold was exceeded:
Normal size = 2.5x threshold
Large size = 3.5x threshold
Huge size = 5.0x+ threshold
Label Display : If enabled, labels show the exact delta value for each displayed bubble, formatted with K/M/B notation for readability.
Use Cases
Support and Resistance Identification : Large delta concentrations at specific price levels often indicate significant support or resistance zones where institutional traders are active.
Order Flow Analysis : Understand where buying and selling pressure is concentrated within each candle, helping identify potential reversal or continuation zones.
Entry and Exit Timing : Use delta bubbles to identify optimal entry and exit points based on actual order flow, not just price action.
Market Structure Analysis : Identify key price levels where significant order flow activity occurs, helping understand market structure and potential price reactions.
Confirmation Tool : Combine with other technical analysis tools to confirm signals. For example, a bullish delta bubble at a support level can confirm a potential bounce.
Settings
Show Delta Bubbles : Toggle to enable/disable bubble display
Show Numbers in Bubbles : Toggle to show/hide delta value labels
Bullish Delta Color : Customize color for bullish (positive) delta bubbles
Bearish Delta Color : Customize color for bearish (negative) delta bubbles
Technical Notes
The indicator uses barstate.isconfirmed to ensure calculations only occur on confirmed bars, preventing repainting.
Thresholds are calculated automatically and adapt to market conditions.
The rolling window maintains the last 610 maximum deltas for threshold calculations.
Level size is calculated using ATR(14) divided by 10, adapting to current market volatility.
Delta distribution uses proportional overlap calculations when intrabars cross multiple levels.
Best Practices
Use on timeframes where intrabar data is available (typically 5 minutes and above for most symbols).
Combine with price action analysis - delta bubbles show where order flow is concentrated, but price action confirms the significance.
Look for clusters of bubbles at similar price levels - multiple bubbles at the same level may indicate support or resistance.
Pay attention to bubble sizes - larger bubbles indicate higher order flow activity.
Use in conjunction with other order flow tools for comprehensive market analysis.
This indicator breaks down delta into price levels, providing level-by-level order flow information based on market microstructure.
Breakout Volume AlertThis indicator helps traders identify true breakouts confirmed by strong volume.
It automatically highlights candles where the current barโs volume is greater than 1.5ร the 10-bar average volume, confirming institutional participation and momentum strength.
How It Works:
A yellow line tracks the 10-bar volume average.
When current volume exceeds 1.5ร the average, the bar turns green โ signaling strong buying/selling interest.
Normal or weak bars remain faded red.
You can use this with your Price Action + Multi-Timeframe strategy to validate breakouts, retests, and reversals
Best Used For:
Breakout + Retest confirmation (Intraday or Swing)
Volume spike detection before momentum moves
Filtering fake breakouts with low participation
Works perfectly with 5m / 15m / 30m / 4H charts
Settings:
Default volume average length = 1
Volume strength multiplier = 1.5ร
Add alert: "Volume > 1.5x average" for instant notifications
TFT VIP TRADE BODY & VOLUME RANGE x-times (LAST BAR): Body & Volume vs Last 10 compares the current candleโs body size and volume to the SMA of the last N candles (default 10) and shows the result as โรratioโ. Itโs designed to keep the chart uncluttered while giving you two key reads from the 5-minute timeframe:
โข Previous 5m (closed) bar โ fixed label with its final ratios.
โข Current 5m (running) bar โ live-updating label with real-time ratios.
Multi-timeframe behavior
โข On 1-minute charts:
โข A stamp for the last closed 5m is placed on that 5m blockโs final 1-minute bar.
โข A live label shows the current 5m ratios on the current 1-minute bar.
โ Youโll always see two labels max (closed 5m + running 5m).
โข On 5-minute charts:
โข One label on the previous 5m candle (closed).
โข One label on the current 5m candle (running).
โข On other timeframes:
โข A single label shows the current 5m ratios on the last bar.
What the numbers mean
โข Body รr = abs(Close โ Open) compared to SMA(body, N) on the reference TF.
โข Vol รr = Volume compared to SMA(Volume, N) on the reference TF.
โข Color cue: โฅ3ร red, โฅ2ร orange, otherwise teal.
Inputs
โข Lookback (bars): N for the SMA comparison (default 10).
โข Decimals: number of decimals in the รratios.
โข Vertical position: Above bar / Below bar.
โข Layout: Side by side (previous left, current right) or Stacked.
โข Horizontal offset (bars): space left/right from the anchor bar (for side-by-side).
โข Vertical offset (ATRร): lift/drop labels using ATR for consistent spacing.
Notes & Tips
โข Focuses on candle body, not highโlow range.
โข Keeps the chart clean: at most two labels on 1m/5m.
โข Great for spotting impulsive 5m moves (body expansion) and volume surges relative to recent history.
Limitations
โข No alerts baked in (by design).
โข Ratios use SMA of the last N bodies/volumes; change N to suit volatility.
โธป
If you want, I can add a short tagline version for the โshort descriptionโ box or wire in alert conditions (e.g., trigger when Body โฅ 2ร or Vol โฅ 3ร).
Buy/Sell Volume Spike RadarThis indicator highlights unusual volume spikes and classifies them as buying pressure or selling pressure using price action context. Itโs designed to spot when the crowd is stepping in aggressively โ either on the bid (sell spikes) or on the ask (buy spikes).
How it works:
Compares current volume against a moving average of volume (default 50 bars).
A spike is flagged when volume is above the threshold (default = 2ร vol MA).
Candle body position in its range determines direction:
Close near the top of the bar = Buy Spike.
Close near the bottom = Sell Spike.
Doji-like candles are filtered out using a minimum body % rule.
Visuals:
Background tint: teal for buy spikes, red for sell spikes.
Labels: optional tags on the chart showing โHigh BUY volโ or โHigh SELL volโ.
Histogram (lower pane): plots signed volume (positive = buy pressure, negative = sell pressure) with spikes emphasized.
Status table: shows live volume, moving average, and current spike status.
Use cases:
Spot institutional activity or panic selling.
Confirm breakouts or breakdowns with real buying/selling pressure.
Filter false moves by requiring both price + volume confirmation.
โ ๏ธ Note: Options volume/flow data is not available in Pine/TradingView. This tool only analyzes the underlyingโs price + volume. For true options flow, use a dedicated options analytics platform.
Clean Volume Bars (Green/Red + Above Avg Highlight)๐ Clean Volume Bars (Green/Red + Above Avg Highlight)
This script provides a clearer view of market volume by combining standard green/red volume bars with dynamic highlights for above-average activity.
Features:
โ
Green / Red Volume Bars โ standard visualization:
Green when the candle closes higher than it opened
Red when the candle closes lower than it opened
โ
Average Volume Line โ a simple moving average (default 20 periods) to track relative volume.
โ
Above Average Highlights โ bars that exceed the average volume are emphasized:
White for above-average bullish volume
Black for above-average bearish volume
How to Use:
Look for white volume spikes during up candles โ potential strong bullish activity.
Watch for black volume spikes during down candles โ potential strong bearish pressure.
Combine with price action, trend, or other indicators for confluence (this is not a standalone trading system).
High Volume SignalHigh Volume Signal Indicator: Description
The "High Volume Signal" indicator is an advanced technical analysis tool for TradingView designed to identify short-term momentum signals. It combines volume analysis with trend direction (based on the EMA) and candlestick patterns to pinpoint potential entry opportunities for both long and short positions.
How It Works
The indicator looks for specific "setup" candles with exceptionally high volume.
Long Setup
A Long Setup signal is triggered when the indicator identifies a bearish (red) candle with high volume that is located above the 20-period EMA. The high volume on this bearish candle suggests a potential "selling climax," after which the price is likely to rise again. The indicator marks this setup candle with a red line above its high. A green upward arrow then appears if the price breaks above the high of this setup candle within 3 bars.
Short Setup
A Short Setup signal is triggered when the indicator identifies a bullish (green) candle with high volume that is located below the 20-period EMA. The high volume on this bullish candle suggests a potential "buying climax," after which the price is likely to fall again. The indicator marks this setup candle with a green line below its low. A red downward arrow then appears if the price breaks below the low of this setup candle within 3 bars.
Use Cases
This indicator is particularly suitable for short-term traders looking for potential reversal points within a trend. It can be used on various timeframes and serves as an additional confirmation tool to support trading decisions. It's recommended to use this indicator in combination with other analysis tools.
MBDOM _ Smart Volume Dominance!!!!! MBDOM_Smart Volume Dominance Indicator !!!!!!
"MBDOM_Smart Volume Dominance", which helps identify buying or selling pressure based on volume and price action.
Key Features:
1. Volume Filtering:
o Only considers candles where volume is above a minimum threshold (relative to a 20-period SMA).
o Helps filter out low-volume, less significant candles.
2. Volume Pressure Calculation:
o Measures buying pressure as the portion of volume attributed to upward movement (based on close position within the candle range).
o Selling pressure is the remaining volume.
3. Smoothed & Lookback Analysis:
o Applies a 3-period EMA to smooth pressure values.
o Compares total buying vs. selling pressure over a user-defined lookback period (default: 5 bars).
4. Signal Conditions:
o Buy Signal:
๏ง Total buying pressure exceeds selling pressure by a threshold (default: 1.5x).
๏ง Buying pressure is increasing, and the candle closes bullish (close > open).
o Sell Signal:
๏ง Total selling pressure exceeds buying pressure by the threshold.
๏ง Selling pressure is increasing, and the candle closes bearish (close < open).
o Recommended Settings:
๏ง - *Day Trading*: 3-5 lookback, 1.3-1.5 threshold
๏ง - *Swing Trading*: 5-10 lookback, 1.5-2.0 threshold
๏ง - Adjust min_volume based on marketย volatility
OBR 15min Session Opening Range Breakout + Volume Trend DeltaQuick Overview
This Pine Script plots the opening range for London and New York sessions, highlights breakout levels, draws previous session pivots, and offers a live volume delta table for trend confirmation.
Session Opening Range
- Captures the high/low of the first 15 minutes (configurable) for both London & NY sessions.
- Fills the range area with adjustable semiโtransparent colors.
- Optional alerts fire on breakout above the high or below the low.
Previous Session Levels
- Automatically draws previous dayโs High, Low, Open and previous 4โhour High/Low.
- Helps identify key S/R zones as price approaches ORB breakouts.
Volume Trend Delta
- Uses a CMOโweighted moving average and ATR bands to detect trend state.
- Accumulates bullish vs. bearish volume during each trend.
- Displays Bull Vol, Bear Vol, and Delta % in a movable table for quick strength checks.
How to Use
1. Let the opening range complete (first 15โฏmin).
2. Look for price closing above/below the ORBโenter long on an upside break, short on a downside break.
3. Check the Volume Delta table: positive delta confirms buying strength; negative delta confirms selling pressure.
4. Use previous day/4h levels as additional support/resistance filters.
Settings & Customization
- ORB Duration & Session Times (London/NY), fill colors, and toggles.
- Enable/disable Previous Day & 4H levels.
- Trend Period, Momentum Window, and Delta table position/size.
- Preโbuilt alert conditions for all ORB breakouts.
Developer Notes
- Fully commented for easy adjustments.
- Modular sections: ORB, previous levels, trend delta, and alerts.
- No external librariesโpure Pine Script v6.
Tip
Combine ORB breakouts with Volume Delta and prior session pivots to filter false signals and trade stronger, more reliable moves.
Bull vs Bear Volume (Enhanced)Bull vs Bear Volume (Enhanced) is a custom volume histogram that separates and visualizes estimated buying vs. selling volume within each candle. This allows traders to better understand market sentiment and detect imbalances in demand and supply.
๐ What It Does:
Plots bullish volume (green) above the x-axis and bearish volume (red) below.
Estimates bull/bear volume by analyzing the close location within the candle's range.
Highlights volume spikes with lime (bullish) or maroon (bearish) when volume exceeds a user-defined threshold.
Includes an optional total volume line for added context.
Supports smoothing via simple moving average (SMA) to reduce noise.
๐ ๏ธ Inputs:
Toggle smoothing and set its length.
Enable/disable threshold spike highlighting.
Show/hide the total volume overlay.
Adjust the threshold multiplier for spike detection.
โ ๏ธ Important:
This script uses a proxy method based on candle structure to estimate volume split โ it does not use real-time order flow or trade direction data.
Works best on liquid assets with consistent volume.
Advanced Cumulative Delta & VolumeAdvanced Cumulative Delta & Volume (Heuristic-Based)
This offers a powerful cumulative delta visualization based on price action heuristicsโperfect for traders without access to real bid/ask volume data.
Features
Cumulative Delta Calculation
Built using estimated delta (based on close position and volume).
Includes a moving average-based surge detection system.
Surge Detection
Highlights candles where delta exceeds a multiple of its average.
Detects sustained surges across multiple bars for trend confirmation.
Visual Enhancements
Smoothed line and area chart for delta flow
Alternate background shading (light blue) for each timeframe intervalโgreat for visual structure (e.g., every 30 minutes).
Color-coded:
Yellow for bullish surges
Black for bearish surges
Green for positive delta /red for negative delta
Customizable Inputs
Timeframe (for resampling logic)
Surge thresholds
Delta moving average length
Volume weight adjustment
Sustained bar count
Ideal For:
Order flow enthusiasts without premium data feeds
Scalpers & intraday traders
Anyone wanting a visual edge on volume-driven moves
Buy vs Sell Panel - Volume + % Highlighted + AlertsThis script provides a real-time visual breakdown of estimated Buy vs Sell volume per bar, with intelligent formatting and trend bias detection.
๐น Features:
๐ Displays Buy and Sell volumes
๐ข Shows percentage (%) of volume in favor
โ
Highlights the dominant side (Buy or Sell)
๐ Customizable panel position, font size, and update timeframe
๐ Alerts when Buy or Sell volume exceeds 70% dominance
This panel is ideal for traders who want to:
Confirm trade entries based on volume strength
Visually monitor which side (buyers or sellers) is in control
Get alerted when volume shifts heavily in one direction
๐ง Volume estimation is calculated based on candle structure using directional bias. This helps approximate who is in control even without raw order book access.
๐ง Fully customizable:
Timeframe (1m to Monthly)
Font Size
Panel Location (Top/Bottom Left/Right)
Toggle % display and market bias text
๐ Works with all assets: Stocks, Futures, Forex, and Crypto.
Highest Volume* ์งํ ์ค๋ช
์ด ์งํ๋ ๋ค์ํ ๊ธฐ๊ฐ ๋์์ ์ต๋ ๊ฑฐ๋๋์ ์๊ฐ์ ์ผ๋ก ํ์ํ์ฌ ๊ฑฐ๋์๋ค์ด ์ค์ํ ๊ฑฐ๋๋ ํจํด์ ์ฝ๊ฒ ์๋ณํ ์ ์๋๋ก ๋์์ค๋๋ค. 30, 60, 90, 120 ์บ๋ค ๊ธฐ๊ฐ ๋์์ ์ต๋ ๊ฑฐ๋๋์ ๊ฐ์งํ๊ณ , ์ด๋ฅผ ์ฐจํธ ์์ ์์ ์ฝ๋๋ก ํ์ํฉ๋๋ค.
๋ค์ค ๊ธฐ๊ฐ ๋ถ์: 30, 60, 90, 120 ์บ๋ค ๊ธฐ๊ฐ์ ๋ํ ์ต๋ ๊ฑฐ๋๋์ ๋์์ ์ถ์ ํฉ๋๋ค.
๊ธฐ๊ฐ์ ๋ฐ๋ฅธ ์์ ํ์: ๊ธฐ๊ฐ์ด ๊ธธ์ด์ง์๋ก ํ์๋๋ ์์์ด ์ง์ด์ง๋๋ค.
* ์ฃผ์ ๊ธฐ๋ฅ
๊ฑฐ๋๋ ๊ธ์ฆ ๊ฐ์ง: ๊ฐ์์ค๋ฌ์ด ๊ฑฐ๋๋ ์ฆ๊ฐ๋ฅผ ๋น ๋ฅด๊ฒ ํฌ์ฐฉํ ์ ์์ต๋๋ค.
* ๋ถ๊ฐ ์ค๋ช
์ด๋ก์ ๋ฐฐ๊ฒฝ: ์ต๊ทผ 120 ์บ๋ค ์ค ์ต๋ ๊ฑฐ๋๋
๋
ธ๋์ ๋ฐฐ๊ฒฝ: ์ต๊ทผ 90 ์บ๋ค ์ค ์ต๋ ๊ฑฐ๋๋ (120 ์บ๋ค ์ต๋๊ฐ ์๋ ๊ฒฝ์ฐ)
์ฃผํฉ์ ๋ฐฐ๊ฒฝ: ์ต๊ทผ 60 ์บ๋ค ์ค ์ต๋ ๊ฑฐ๋๋ (90, 120 ์บ๋ค ์ต๋๊ฐ ์๋ ๊ฒฝ์ฐ)
๋นจ๊ฐ์ ๋ฐฐ๊ฒฝ: ์ต๊ทผ 30 ์บ๋ค ์ค ์ต๋ ๊ฑฐ๋๋ (60, 90, 120 ์บ๋ค ์ต๋๊ฐ ์๋ ๊ฒฝ์ฐ)
* Indicator Description
This indicator visually displays the maximum trading volume over various periods, helping traders easily identify important volume patterns. It detects the highest volume over 30, 60, 90, and 120 candle periods and represents this on the chart using color codes.
Multi-period analysis: Simultaneously tracks the maximum volume for 30, 60, 90, and 120 candle periods.
Color display according to period: The color becomes darker as the period gets longer.
* Key Features
Rapid volume surge detection: Quickly captures sudden increases in trading volume.
* Additional Explanation
Green background: Highest volume among the most recent 120 candles
Yellow background: Highest volume among the most recent 90 candles (when not the highest in 120 candles)
Orange background: Highest volume among the most recent 60 candles (when not the highest in 90 or 120 candles)
Red background: Highest volume among the most recent 30 candles (when not the highest in 60, 90, or 120 candles)
Relative Volume Standard DeviationThe Relative Volume Standard Deviation indicator is a powerful tool designed for traders seeking insights into volume dynamics. This indicator assesses the deviation of a security's trading volume from its moving average, shedding light on potential shifts in market sentiment.
Key Features:
-Length: Tailor the indicator's sensitivity by adjusting the length of the moving average.
-Number of Deviations: Customize the analysis by specifying the number of standard deviations to consider.
-Show Negative Values: Toggle the visibility of negative values in the plot for a comprehensive view.
How it Works:
-Moving Average Calculation: The script computes the simple moving average (SMA) of the trading volume over the specified length, providing a baseline for comparison.
-Standard Deviation Analysis: It calculates the standard deviation of the volume, identifying deviations from the average volume.
-Relative Volume Standard Deviation: The indicator then normalizes the difference between the volume and its moving average by the calculated standard deviation, producing a relative measure of volume deviation.
-Visual Representation: The result is visually represented on the chart using columns. Green columns signify relative volume standard deviation values greater than or equal to the specified number of deviations, while red columns represent values below this threshold.
-Enhancements:
Show Deviation Level: Optionally, a dashed horizontal line at the specified deviation level adds an extra layer of analysis, aiding in the identification of significant deviations.
Tops & Bottoms by Volume [SS]Hey everyone,
Releasing this indicator that helps you time entries by alerting to potential tops and bottoms in the market.
Background to the indicator:
I was playing around with things that signalled reversals / tops and bottoms in SPSS and R using Pivot Points to mark tops and bottoms. Happened to come across a generally statistically significant relationship between sell to buy volume that was tracked over 10 to 50 candles back and pivot highs and pivot lows.
So I put it into a beta version of an indicator to see how it looked and was a bit surprised.
Since then, I have went back and narrowed down the details of what works/what doesn't work and this is the tentative result!
What it does / How to Use:
It tracks the cumulative buy vs sell volume. Buy volume is cumulated as close > open (or green candles) and sell is open > close (or red candles).
It then cumulates this over a user-defined period (defaulted to 14). It then looks back to see the highest vs lowest areas of sell and buy volume and makes determinations based on this relationship.
The relationship was determined by me using my own analysis and programmed into the indicators algorithm (using highest vs lowest function in pine).
It will plot areas of potential reversal to the upside as green on the histogram or red for a downside reversal. Once this becomes significant enough to signal an actual bottom or top, it will then change the SMA colour from white to green (for bottom) or red (for top).
Your entries generally should be once the SMA turns back to white. So from green to white, you would enter long or inverse for red to white (enter short).
Settings and Customizability:
Here are the key points to keep in mind if you are using this indicator:
Your lookback length should be between 10 to 50. I have left it open for you to modify it below and above this lookback period; however, this is the major periods deemed to be significant in identifying tops and bottoms. Thus, I advise against operating outside of those parameters.
You can toggle between smoothed look or historgram with SMA. The strength in this indicator comes from using the SMA and watching the SMA for signals of reversals, so if you want to filter out the background noise, you can simply look at the plotted SMA. If you want a more responsive indication of impending reversals, leave the smoothed option off and view the histogram in conjunction with the SMA.
The indicator will change the candle colour to red for bearish reversal and green to bullish reversal. This is based on the SMA. You can toggle this off and/or on as desired.
It is recommended to leave ETH (extended trading hours) turned off and RTH turned on.
Please read the instructions carefully.
If you require further assistance, I have posted a tutorial video.
Please be sure you are reading and/or watching carefully.
If you have questions, please feel free to post them below. But bear in mind I likely will not respond if it is already addressed in the description above (this happens often).
Also, feel free to leave your comments or suggestions below as well.
Thanks for checking this out. If you are interested in volume based trading, I suggest also checking out my Buyer to Seller volume indicator which cumulates total buying vs selling volume over a designated lookback period. Both of these used in conjunction are very powerful tools for volume based traders! ( Available here )
NOTE:
The boxes drawn in the chart are my own for demonstration purposes. I unfortunately cannot get the indicator to overlay the boxes on the chart in a separate viewing pane. That is why I opted to use the barcolor function to change the candle color instead :-).
Thanks again everyone and safe trades!
Truncate Volume SpikesTruncates or caps the height of the volume bar. Many times, there is a day where the volume eclipses the recent volume and makes the rest of the volume compressed and difficult to see.
This script cuts off the volume at a user defined multiple of average daily volume and places a label above and to the left showing the true volume.
My one gripe is that it doesn't yet handle overlapping labels. At some point, I will see if I can fix that.
Enhanced Volume By TradeINskiFeatures available and logic behind it,
Section - Moving Average
- This will plot a simple moving average line.
- In Settings {Input Tab} "MA Period" can be changed. Default value is 20.
- In Settings {Style Tab} "MA Line" can be ON/OFF by check mark, color and type can be changed. Default "ON", "Line" and "White".
Section - Bar Color
1. Up color
- When Up day, the color of column is green.
- In settings {Input Tab} Color can be changed. Default "Green".
- In settings {Style Tab} Type of volume indicator can be changed such as dots and area etc. Default "Columns".
2. Down color
- When Down day then the color of column is red.
- In settings {Input Tab} Color can be changed. Default color "Red".
3. Relatively High Volume
-When Up day plus that day volume is 2.5 times the average volume then its Relatively High Volume.
- In settings {Input Tab} Color can be changed. Default color "Lime".
4. Relatively Low Volume
- When volume is less than 50% of average volume, irrespective of up or down day then it is Relatively Low Volume.
- In settings {Input Tab} Color can be changed. Default color "Silver".
Section - Step Up and Down Volume
1. Step Up
- When today's volume is more than yesterday's volume and both days' volume should be less than average volume.
- In settings {Style Tab} Color, Type and location of the marker can be changed by user. Default is "Yellow", "Upward Triangle" and "Top".
1. Step Down
- When today's volume is less than yesterday's volume and both days' volume should be less than average volume.
- In settings {Style Tab} Color, Type and location of the marker can be changed by user. Default is "Yellow", "Down Ward Triangle" and "Top".
{NOTE}
This indicator best suited for Daily Timeframe and color selection is best suited for Dark theme.
10 hours ago
Release Notes:
{Note} Up and Down volume is based on previous close.
Forex Multi Exchange VolumeHi traders! Forex Multi Exchange Volume (FMEV) aggregates and plots trading volumes for supported forex pairs over multiple different major forex exchanges.
Supported exchanges
- FXCM
- OANDA
- FOREX.COM
- PEPPERSTONE
- GLOBALPRIME
Limitations
Because of the fact that FMEV is pulling data from from multiple different exchanges and is computationally intensive it can take a couple of seconds to load while charting certain forex pairs.
