This indicator tracks large marker maker orders and draws support & resistance levels based on where those orders came in. It allows you to track what the market makers are doing and place your trades in line with them. Look for the lines to suck up to the price and that will show you where large orders are coming in which is where reversals will happen or trend...
Volume can help confirm signals we might discover using other methods of technical analysis . This indicator's logic spots above-average turnover and then tests against the price change. Pulse highlights sessions with heavy volume and directional moves. This can help take out the noise and help confirm the trend.
Introduction and Acknowledgement: The script is basically a mashup script and provides a combined functionality of various indicators. I'll explain the usefulness and the optimal usage of the script after giving the credits where it is due. A CPR indicator for visually identifying the trend along with the strength of the trend is NOT available in the public...
Bitcoin Indicator C is the missing part of the whole picture. It must be used together with Bitcoin Indicator B for the best results possible! Indicator B is to find the entry on the market sharp, while the new Indicator C will help you to find the zone where it's time to look for the entry. The dots do NOT represent the start nor the end of the trend, they only...
Hi, I have created Artharjan Volume Analysis indicator dashboard which gives following information about the volume to the traders. It has two rows. The first row containing volume information is for the Daily Timeframe and the second row containing volume information for any other timeframe of your choice (Basically Chart timeframe) It gives following...
This script will plot the result of Volume / Close. This is meant to normalize the volume of tickers with exponential growth, for example a ticker like $BTC that went from $1 to $50k. Having the volume divided by the close will normalize the volume for when the price was $1 and $50k.
This indicator shows the amount, in terms of a percentage, that the volume is currently above or below the current volume average. ((Volume - volumeMA) / volume) * 100 Ways to use: 1) We could consider movements in price to be extremely strong when the volumeGain is above the upper limit line i.e. the current volume is more than 50% higher than the current...
This script derives from my previous Educational LTF -> HTF volume delta script. Total volume is displayed as columns in the background. With request.security_lower_tf() we get data from a lower timeframe. In this case, volume, which is placed in an 'up-array' when the 'lower timeframe close' > 'lower timeframe open', or in an 'down-array' when the 'lower...
Delta Volume is Difference between Buying Volume and Selling Volume. This indicator gives the Delta Volume based on Lower TimeFrame Candles. It utilizes security_lower_tf() function, a function that provides Lower TF candle data in Higher TF Chart. security_lower_tf() is a new function provided by TradingView yesterday. If you are a PineScript Programmer, I...
Volume Delta This indicator aims to provide users an idea for momentum and exhaustion, via differentiating between the buy delta and sell delta. The purpose of this indicator is to give a deeper dive into the data provided by tradingviews volume indicator with greater granularity intrabar from a HTF perspective! (suitable for 30min and up but will work as low as...
A combination of "On Balance Volume (OBV)" and "Volume Oscillator". "OBV Momentum" is a trend momentum indicator, that can be used to identify strong trends and also trend changes based on volume. High positive values indicate strong volume on the buy side, high negative values indicate strong volume on the sell side. An increasing OBV momentum indicates a...
Indicator showing volume impulse & engulfing candlestick pattern. You can set up multiple parameter for both events. Volume Impulse : Volume Period : Lenght of the average volume calculated. Volume Multiplier : Factor to compare actual volume with average volume. Engulfing Pattern : VS avg body : Let you chose to compare body candle to...
This script works with incoming volumes. Incoming volumes reflect with certain signals (light, middle and strong). Sensitiveness of signals available in settings. Red signals - better point to close position, green signals - to open positions. For better way of using the script - taking positions on green signals (part by part) and the same way for closing...
ibb.co 👆 Look at how the script looks when you hover with the mouse ––––History & Credit Volume and Price action have been the sole foundation to technical traders since technical analysis has been around. This indicator includes some of the important volume rules that I have collected over the years and the ones I have seen that work. In general credit for...
V.C. Effort & Result Index draws the Price change, Volume, Delta & Delta % as a histogram. On the positive side of the histogram, it marks the price change & on the negative side of the histogram, it marks volume, delta & delta %. And the best part of the indicator is that it allows you to see all the mentioned data types simultaneously. See the below chart...
This script provides buy and sell signals based on overbought/oversold conditions and incorporates multiple indicators including RSI, slow stochastic crossover, and volume changes. The script is best suited for the 1-hour time frame and can be used for stocks, indexes, futures trading, and cryptocurrency trading.
V.C Wave Chart Index Richard D. Wyckoff created the first wave chart, and he instructed students to think in waves. He was an early 20th-century pioneer in the technical approach to studying the stock market and is considered one of the five "titans" of technical analysis, along with Dow, Gann, Elliott and Merrill. V.C Wave Chart Index is the most comprehensive...
The NDO is a volume-based indicator that indicates how many standard deviations the volume is away from the mean volume. In other words, this script is useful for detecting when the volume is abnormally large, spotting pumps and dumps, and movement of whales. Green indicates that the volume is more than 3 standard devs away from the mean, yellow means its more...