Volume Profile From Date For All AccountsVolume Profile From Date For All Accounts is displaying volume from price perspective. It’s done by summing volume by the “estimated” transaction price. This version is estimating it based on public volume data so it can be used with any account.
Volume Profile is a powerful tool commonly used by PRO users, to disseminate its use also by users who operate on basic volume data, we have prepared a set of scripts:
Volume Profile For All Accounts – Analyze last 50-20000 bars.
Volume Profile From Date For All Accounts – Analyze all bars since start date.
Volume Profile Range For All Accounts – Analyze bars in a range between start and end date.
Traiding View is supporting paid users with Volume Profile on extended volume dataset. We recommend to use it, because of access to more precise data.
Settings:
SCANNER VISUALIZATION
Start date – Start date from which bars should be taken into account during calculations. For the near past/small scope, the estimation may differ significantly from the Volume Profile available for Paid Traiding View users.
Rows – Number of rows
Width – Width of the visualization.
Position – Position of the visualization:
S_DU – At START of the area, DOWN first
S_UD – At START of the area, UP first
BE_DU – At BEFORE END of the area, DOWN first
BE_UD – At BEFORE END of the area, UP first
E_DU – At END of the area, DOWN first
E_UD – At END of the area, UP first
Color Up – Color of volume classified as move Up, or Both if separation is off.
Color Down - Color of volume classified as move Down
Color Border – Border color.
Up/Down separate – Draw separate volume classified as Up and Down
Show values – Showing volume values of the bars.
Troubleshooting:
In case of any problems, send error details to the author of the script.
Profil Volum
Volume Profile For All AccountsVolume Profile For All Accounts is displaying volume from price perspective. It’s done by summing volume by the “estimated” transaction price. This version is estimating it based on public volume data so it can be used with any account.
Volume Profile is a powerful tool commonly used by PRO users, to disseminate its use also by users who operate on basic volume data, we have prepared a set of scripts:
Volume Profile For All Accounts – Analyze last 50-20000 bars.
Volume Profile From Date For All Accounts – Analyze all bars since start date.
Volume Profile Range For All Accounts – Analyze bars in a range between start and end date.
Traiding View is supporting paid users with Volume Profile on extended volume dataset. We recommend to use it, because of access to more precise data.
Settings:
SCANNER VISUALIZATION
Limit – How many last bars should be taken into account during calculations. For small values, the estimation may differ significantly from the Volume Profile available for Paid Traiding View users.
Rows – Number of rows
Width – Width of the visualization.
Position – Position of the visualization:
S_DU – At START of the area, DOWN first
S_UD – At START of the area, UP first
BE_DU – At BEFORE END of the area, DOWN first
BE_UD – At BEFORE END of the area, UP first
E_DU – At END of the area, DOWN first
E_UD – At END of the area, UP first
Color Up – Color of volume classified as move Up, or Both if separation is off.
Color Down - Color of volume classified as move Down
Color Border – Border color.
Up/Down separate – Draw separate volume classified as Up and Down
Show values – Showing volume values of the bars.
Troubleshooting:
In case of any problems, send error details to the author of the script.
Volume Profile and Volume Indicator by DGTVolume Profile (also known as Price by Volume) is an charting study that displays trading activity over a specified time period at specific price levels. It is plotted as a horizontal histogram on the finacial isntrumnet's chart that highlights the trader's interest at specific price levels.
The histogram is used by traders to predict areas of support and resistance. Price levels where the traded volume is high could be assumed as support and resistance levels.
Price may experience difficulty moving above or below areas with large bars. Usually there is a great deal of activity on both the buy and sell side and the market stays at that price level for a great deal of time
It is advised to use volume profile in conjunction with other forms of technical analysis to maximize the odds of success
Light version of Volume Profile is added to Price Action - Support & Resistance by DGT
OI Profile Pro SpaceManBTCOI Profile Pro SpaceManBTC
The indicator provides a way to show the Open Interest Delta in relation to the price this occurs,
the increase and decrease will be reflected in the profile in a realtime display of the market providing trader insight as to what is occuring.
Users are granted options such as
HVN - Auto detects areas of High Open Interest
HVN/Liqs - Provides points of maximum likely liquidation areas
Historic Highlight - to highligh previous liqudation interaction points
Weighting - Determine profile weight relative to OI Delta
Spread - New calculation metric for the profile
Users can select their margin manually else the Auto settings for margin will do its job based on the chart selected, perp vs usdt.
All settings are set to auto with spaceman recommended defaults.
Liquidation points can be useful for Targets when taking a trade.
HVN/OI. Can be used as S/R dynamically as well as the OI develops throughout the session.
Historic Highlighting can be used for backtesting and displaying probability of likelyness for a target to be hit.
ToDo:
Additional display options
Improve HVN Calculation for efficiency
CDOI ProfileCumulative Delta of Open Interest Profile
This script lets you visualize where there were Open Interest build-ups and discharges on a price basis.
It only supports pairs where TradingView added the appropriate Open Interest data (at the time of posting that is only Binance and Kraken perpetual contracts)
The script uses my own functions to poll lower timeframe data and compile it into a higher timeframe profile. And as such, it needs some tweaking to adjust it to your timeframe until Tradingview lets me do it codewise (hopefully one day)
The instructions for using the Indicators are as follows:
Condition: How often a new profile should be generated
Sampling Rate and 1/Nth of the TF: These have to be calculated together to have a product that should correspond to the current timeframe in minutes. A few examples below
----------- Sampling - 1Nth of the TF
5 min ------- 5 --------------- 1
10 min ------ 10 ------------- 1
15 min ------ 5 --------------- 3
20 min ------ 10 ------------- 2
30 min ------ 10 -------------- 3
45 min ------- 9 -------------- 5
1 hour ------- 10 ------------- 6
4 hours ----- 10 -------------- 24
1 day -------- 10 ------------- 144
Transparency: This one is pretty self-explanatory but only applies to the Profile bars
% change for a bar: This one indicates how precise each bar will be, but if you go too low the script becomes too heavy and stop running
Bar limit: Limits the amounts of bars the script is run for (ae for the last 1000 bars). Lower = faster loading, too high will stop running
UI color: Color and transparency of the center line and the box surrounding the whole profile
Open Interest Profile SpaceManBTCOpen Interest Profile SpaceManBTC
This is an indicator that will provide users with a way to see the open interest changes at price points,
reflecting the increase in OI or decrease in OI automatically to the associated with a visual display similar to those of a footprint profile.
Users can select their margin to be be coin demonimanated or Tether.
Using Auto all settings as default the code will aim to determine the best settings for the users TF including adjustment of ticksize and sessions to ensure enough data is being produced.
Auto is actually a fine setting choice in this instance.
Users can choose to enable delta or disable, delta is set by default as it aims to make it easier to see the dominance in the OI change and which zone had a stronger increase or decrease. Of course this can be disabled to view all data in regards to the OI.
High OI zones can be used for OI.
McNamara Tally [CC]The McNamara's Tally was created by Nolan McNamara (Stocks and Commodities Feb 2022 pgs 44-45) and this aims to fix the issues with both the On Balance Volume and the Accumulation/Distribution Line by using a variation of Wilder's True Range to keep track of volume flow to better differentiate between bullish volume and bearish volume. I added a signal line to this indicator to provide clear buy and sell signals since the original didn't' have any so feel free to experiment and see if you come up with a better signal system. Buy when the indicator line turns green and sell when it turns red. I have included strong buy and sell signals in addition to normal ones so stronger signals are darker in color and normal signals are lighter in color.
Let me know if there are any other indicators or scripts you would like to see me publish!
Range Volume ChangeI was looking for a way to see if today's premarket volume is higher or lower than the previous day's premarket, but did not find any, hence, I made my own which I share with you now.
I call it 'Range Volume Change' or just RVC.
RVC will show the percentage of change between the selected time range and the previous day for the same time range.
This will allow us to see if the volume is increasing or decreasing today compared to the previous day by a specific time range that we set in PVC settings. It can do more than just premarket, you can use it for any time range of your interest which will work on 24hours assets like crypto and forex.
RVC visualizes the incremental of the volume using increasing size columns giving you a better view of how the volume changes compared to the past. The column shows the accumulated volume from when the time range started.
As an extra feature, it will also show the volume percentage of change outside the time range (can be disabled from settings).
In addition, RVC is also designed to work on real-time data.
Example of BTCUSDT (24-hour asset) with volume 'outside the time range', enabled (purple columns):
Follow for more awesome indicators/strategies: www.tradingview.com
Market StatsThis script escapes much of the subjective technical analysis and discretionary trading in general. With this Script/Indicator, you will be able to have access to the statistics tested day by day in the markets, statistics that will be a decisive support in your trading plan. Its analysis and creation is based on the quantitative trading system, since these statistics have a testing and database behind, which makes it a potential indicator for your trading.
You can change the time of the market you want to operate, also the colors of the labels of the statistics, their distance, color of the letters, fully editable to adapt it to the type of market you operate.
Its design involves values of the previous session ( RTH ) and extension session (OVERNIGHT), so it will be complemented with markets that are assimilated to that configuration (indices, stocks, futures, CFDs, forex, commodities ) maybe you can adapt it with cryptocurrencies, but being 24/7 you would have to modify its schedule.
Important levels included:
YHOD: Yesterday High of Day
ONH: Onvernight High
ONM: Overnight Mid
YPOC: Yesterday Point of Control
HALFGAP: Close Price Mid
GAP: Yesterday Close Price
ONL: Overnight Low
YLOD: Yesterday Low of Day
IBH: Initial Balance High
IBL: Initial Balance Low
The IBH and IBL levels will appear after 60 minutes into the session, indicating our balance zone. The one that will add more statistics to our trading.
_________________________________________________________________________________________________________________________________________________________________________________________________________
Este script, escapa mucho del análisis técnico subjetivo y del trading discrecional en general. Con este Script/Indicador, podrás tener acceso a las estadísticas testeadas día a día en los mercados, estadísticas que serán un apoyo decisivo en tu plan de trading. Su análisis y creación se basa en el sistema de trading cuantitativo, ya que estas estadísticas, tienen un testeo y base de datos por detrás, lo cual lo hace un indicador potencial para tu trading.
Podrás modificar el horario del mercado que quieres operar, también los colores de las etiquetas de las estadísticas, su distancia, color de las letras, completamente editable para que lo adaptes al tipo de mercado que operas.
Su diseño implica valores de la sesión anterior ( RTH ) y sesión de extensión (OVERNIGHT), por lo que se complementará con los mercados que se asimilen a esa configuración (índices, acciones, futuros, CFDs, forex, commodities ) quizás lo puedas adaptar con criptomonedas, pero al ser 24/7 habría que modificar su programación.
Niveles importantes incluidos:
YHOD: Yesterday High of Day
ONH: Onvernight High
ONM: Overnight Mid
YPOC: Yesterday Point of Control
HALFGAP: Close Price Mid
GAP: Yesterday Close Price
ONL: Overnight Low
YLOD: yesterday Low of Day
IBH: Initial Balance High
IBL: Initial Balance Low
Los niveles de IBH y IBL, aparecerán después de 60 minutos iniciada la sesión, indicando así́, nuestra zona de balance. La que agregará más estadísticas a nuestra operativa.
Realtime 5D Profile [LucF]█ OVERVIEW
This indicator displays a realtime profile that can be configured to visualize five dimensions: volume, price, time, activity and age. For each price level in a bar or timeframe, you can display total or delta volume or ticks. The tick count measures activity on a level. The thickness of each level's line indicates its age, which helps you identify the most recent levels.
█ WARNING
The indicator only works in real time. Contrary to TradingView's line of volume profile indicators , it does not show anything on historical bars or closed markets, and it cannot display volume information if none exists for the data feed the chart is using. A realtime indicator such as this one only displays information accumulated while it is running on a chart. The information it calculates cannot be saved on charts, nor can it be recalculated from historical bars. If you refresh the chart, or the script must re-execute for some reason, as when you change inputs, the accumulated information will be lost.
Because "Realtime 5D Profile" requires time to accumulate information on the chart, it will be most useful to traders working on small timeframes who trade only one instrument and do not frequently change their chart's symbol or timeframe. Traders working on higher timeframes or constantly changing charts will be better served by TradingView's volume profiles. Before using this indicator, please see the "Limitations" section further down for other important information.
█ HOW TO USE IT
Load the indicator on an active chart (see here if you don't know how).
The default configuration displays:
• A double-sided volume profile showing at what price levels activity has occurred.
• The left side shows "down" volume, the right side shows "up" volume.
• The value corresponding to each level is displayed.
• The width of lines reflects their relative value.
• The thickness of lines reflects their age. Four thicknesses are used, with the thicker lines being the most recent.
• The total value of down/up values for the profile appears at the top.
To understand how to use profiles in your trading, please research the subject. Searches on "volume profile" or "market profile" will yield many useful results. I provide you with tools — I do not teach trading. To understand more about this indicator, read on. If you choose not to do so, please don't ask me to answer questions that are already answered here, nor to make videos; I don't.
█ CONCEPTS
Delta calculations
Volume is slotted in up or down slots depending on whether the price of each new chart update is higher or lower than the previous update's price. When price does not move between chart updates, the last known direction is used. In a perfect world, Pine scripts would have access to bid and ask levels, as this would allow us to know for sure if market orders are being filled on upticks (at the ask) or downticks (at the bid). Comparing the price of successive chart updates provides the most precise way to calculate volume delta on TradingView, but it is still a compromise. Order books are in constant movement; in some cases, order cancellations can cause sudden movements of both the bid and ask levels such that the next chart update can occur on an uptick at a lower price than the previous one (or vice versa). While this update's volume should be slotted in the up slot because a buy market order was filled, it will erroneously be slotted in the down slot because the price of the chart's update is lower than that of the previous one. Luckily, these conditions are relatively rare, so they should not adversely affect calculations.
Levels
A profile is a tool that displays information organized by price levels. You can select the maximum quantity of levels this indicator displays by using the script's "Levels" input. If the profile's height is small enough for level increments to be less than the symbol's tick size, a smaller quantity of levels is used until the profile's height grows sufficiently to allow your specified quantity of levels to be displayed. The exact position of levels is not tethered to the symbol's tick increments. Activity for one level is that which happens on either side of the level, halfway between its higher or lower levels. The lowest/highest levels in the profile thus appear higher/lower than the profile's low/high limits, which are determined by the lowest/highest points reached by price during the profile's life.
Level Values and Length
The profile's vertical structure is dynamic. As the profile's height changes with the price range, it is rebalanced and the price points of its levels may be recalculated. When this happens, past updates will be redistributed among the new profile's levels, and the level values may thus change. The new levels where updates are slotted will of course always be near past ones, but keep this fluidity in mind when watching level values evolve.
The profile's horizontal structure is also dynamic. The maximum length of level lines is controlled by the "Maximum line length" input value. This maximum length is always used for the largest level value in the profile, and the length of other levels is determined by their value relative to that maximum.
Updates vs Ticks
Strictly speaking, a tick is the record of a transaction between two parties. On TradingView, these are detected on seconds charts. On other charts, ticks are aggregated to form a chart update . I use the broader "update" term when it names both events. Note that, confusingly, tick is also used to name an instrument's minimal price increment.
Volume Quality
If you use volume, it's important to understand its nature and quality, as it varies with sectors and instruments. My Volume X-ray indicator is one way you can appraise the quality of an instrument's intraday volume.
█ FEATURES
Double-Sided Profiles
When you choose one of the first two configuration selections in the "Configuration" field's dropdown menu, you are asking the indicator to display a double-sided profile, i.e., where the down values appear on the left and the up ones on the right. In this mode, the formatting options in the top section of inputs apply to both sides of the profile.
Single-Sided Profiles
The six other selections down the "Configuration" field's dropdown menu select single-sided profiles, where one side aggregates the up/down values for either volume or ticks. In this mode, the formatting options in the top section of inputs apply to the left profile. The ones in the following "Right format" section apply to the right profile.
Calculation Mode
The "Calculation" input field allows the selection of one of two modes which applies to single-sided profiles only. Values can represent the simple total of volume or ticks at each level, or their delta. The mode has no effect when a double-sided profile is used because then, the total is represented by the sum of the left and right sides. Note that when totals are selected, all levels appear in the up color.
Age
The age of each level is always displayed as one of four line thicknesses. Thicker lines are used for the youngest levels. The age of levels is determined by averaging the times of the updates composing that level. When viewing double-sided profiles, the age of each side is calculated independently, which entails you can have a down level on the left side of the profile appear thinner than its corresponding up side level line on the right side because the updates composing the up side are more recent. When calculating the age of single-sided profiles, the age of the up/down values aggregated to calculate the side are averaged. Since they may be different, the averaged level ages will not be as responsive as when using a double-sided profile configuration, where the age of levels on each side is calculated independently and follows price action more closely. Moreover, when displaying two single-sided profiles (volume on one side and ticks on the other), the age of both sides will match because they are calculated from the same realtime updates.
Profile Resets
The profile can reset on timeframes or trend changes. The usual timeframe selections are available, including the chart's, in which case the profile will reset on each new chart bar. One of two trend detection logics can be used: Supertrend or the one used by LazyBear in his Weis Wave indicator . Settings for the trend logics are in the bottommost section of the inputs, where you can also control the display of trend changes and states. Note that the "Timeframe" field's setting also applies to the trend detection mechanism. Whatever the timeframe used for trend detection, its logic will not repaint.
Format
Formatting a profile for charts is often a challenge for traders, and this one is no exception. Varying zoom factors on your chart and the frequency of profile resets will require different profile formats. You can achieve a reasonable variety of effects by playing with the following input fields:
• "Resets on" controls how frequently new profiles are drawn. Spacing out profiles between bars can help make them more usable.
• "Levels" determines the maximum quantity of levels displayed.
• "Offset" allows you to shift the profile horizontally.
• "Profile size" affects the global size of the profile.
• Another "Size" field provides control over the size of the totals displayed above the profile.
• "Maximum line length" controls how far away from the center of the bar the lines will stretch left and right.
Colors
The color and brightness of levels and totals always allows you to determine the winning side between up and down values. On double-sided profiles, each side is always of one color, since the left side is down values and the right side, up values. However, the losing side is colored with half its brightness, so the emphasis is put on the winning side. When there is no winner, the toned-down version of each color is used for both sides. Single-sided profiles use the up and down colors in full brightness on the same side. Which one is used reflects the winning side.
Candles
The indicator can color candle bodies and borders independently. If you choose to do so, you may want to disable the chart's bars by using the eye icon near the symbol's name.
Tooltips
A tooltip showing the value of each level is available. If they do not appear when hovering over levels, select the indicator by clicking on its chart name. This should get the tooltips working.
Data Window
As usual, I provide key values in the Data Window, so you can track them. If you compare total realtime volumes for the profile and the built-in "Volume" indicator, you may see variations at some points. They are due to the different mechanisms running each program. In my experience, the values from the built-in don't always update as often as those of the profile, but they eventually catch up.
█ LIMITATIONS
• The levels do not appear exactly at the position they are calculated. They are positioned slightly lower than their actual price levels.
• Drawing a 20-level double-sided profile with totals requires 42 labels. The script will only display the last 500 labels,
so the number of levels you choose affects how many past profiles will remain visible.
• The script is quite taxing, which will sometimes make the chart's tab less responsive.
• When you first load the indicator on a chart, it will begin calculating from that moment; it will not take into account prior chart activity.
• If you let the script run long enough when using profile reset criteria that make profiles last for a long time, the script will eventually run out of memory,
as it will be tracking unmanageable amounts of chart updates. I don't know the exact quantity of updates that will cause this,
but the script can handle upwards of 60K updates per profile, which should last 1D except on the most active markets. You can follow the number of updates in the Data Window.
• The indicator's nature makes it more useful at very small timeframes, typically in the sub 15min realm.
• The Weis Wave trend detection used here has nothing to do with how David Weis detects trend changes.
LazyBear's version was a port of a port, so we are a few generations removed from the Weis technique, which uses reversals by a price unit.
I believe the version used here is useful nonetheless because it complements Supertrend rather well.
█ NOTES
The aggregated view that volume and tick profiles calculate for traders is a good example of one of the most useful things software can do for traders: look at things from a methodical, mathematical perspective, and present results in a meaningful way. Profiles are powerful because, if the volume data they use is of good enough quality, they tell us what levels are important for traders, regardless of the nature or rationality of the methods traders have used to determine those levels. Profiles don't care whether traders use the news, fundamentals, Fib numbers, pivots, or the phases of the moon to find "their" levels. They don't attempt to forecast or explain markets. They show us real stuff containing zero uncertainty, i.e., what HAS happened. I like this.
The indicator's "VPAA" chart name represents four of the five dimensions the indicator displays: volume, price, activity and age. The time dimension is implied by the fact it's a profile — and I couldn't find a proper place for a "T" in there )
I have not included alerts in the script. I may do so in the future.
For the moment, I have no plans to write a profile indicator that works on historical bars. TradingView's volume profiles already do that, and they run much faster than Pine versions could, so I don't see the point in spending efforts on a poor ersatz.
For Pine Coders
• The script uses labels that draw varying quantities of characters to break the limitation constraining other Pine plots/lines to bar boundaries.
• The code's structure was optimized for performance. When it was feasible, global arrays, "input" and other variables were used from functions,
sacrificing function readability and portability for speed. Code was also repeated in some places, to avoid the overhead of frequent function calls in high-traffic areas.
• I wrote my script using the revised recommendations in the Style Guide from the Pine v5 User Manual.
█ THANKS
• To Duyck for his function that sorts an array while keeping it in synch with another array.
The `sortTwoArrays()` function in my script is derived from the Pine Wizard 's code.
• To the one and only Maestro, RicardoSantos , the creative volcano who worked hard to write a function to produce fixed-width, figure space-padded numeric values.
A change in design made the function unnecessary in this script, but I am grateful to you nonetheless.
• To midtownskr8guy , another Pine Wizard who is also a wizard with colors. I use the colors from his Pine Color Magic and Chart Theme Simulator constantly.
• Finally, thanks to users of my earlier "Delta Volume" scripts. Comments and discussions with them encouraged me to persist in figuring out how to achieve what this indicator does.
Volume Profile HeatmapA variation of a Volume Profile based on code originally by LuxAlgo. () The traditional bar chart is replaced with full-width bars that are brighter for high volume price levels.
Like a traditional VP, its purpose is to visualize how volume corresponds to specific price levels, allowing you to get a quick idea of where the most activity is occurring, and where it hasn't been. This information may provide clues as to where price action may return, areas of support and resistance , and regions where price may move quickly. The basic concepts behind any Volume Profile (or Price by Volume Chart) should apply here as well. (investopedia article)
Inputs are set up such that you can customize the lookback period, number of rows, and width of rows for most major timeframes individually. Timeframes between those available will use the next lower timeframe settings (e.g., 2m chart will use the 1m settings.)
This indicator is experimental and is likely to receive further updates.
DIVI Wunder StrategyAs it is known, divergence is a situation we encounter very often on graphs. Various divergencies may occur according to many indicators. MACD divergence, RSI divergence... In the strategy I use only positive divergence. What is positive divergence I will explain on MACD positive divergence A MACD positive divergence is a situation in which the MACD does not reach a new low, despite the fact that the price of the stock reached a new low. This is seen as a bullish trading signal—hence, the term “positive divergence.” So I thought of these divergencies and came up with a new strategy. Combining the divergencies with the VOLPIN strategy I wrote earlier, a great strategy has emerged. When the divergence signals are came from MACD,RSI,CCI,OBV,Chaikin Money Flow, VWmacd and Money Flow Index all these indicators I sent a buy signal until the 40 times completed. ThenI sent to sell signal when the price come to take profit level. In this strategy, you divide your principal into as many parts as you want. For example, let's say that you have 1000 dollars of money and you make purchases by dividing this money into 40 equal parts in the default settings of the indicator. $25 per purchase. After each purchase is made as 25 dollars, you can adjust your profit rate from the profit taking settings. When you look at the results of the strategy, your profit rate will be very high. I usually use this strategy in one hour periods. Of course you change it whatever you want. Also change all settings from panel to get more profit. Have fun :)
Market Profile with TPOThis is is Market Profile with TPO (the letters) on the current session. Due to pinescript limitations, we are limited to 500 TPOs, since this script uses 1 label per TPO. It is NOT volume profile, this is Time Profile (Time spent at a price).
Volume Zones Multi-Timeframe OverlayAt its core, this indicator is a variation of my other indicator, Welkin Advanced Volume Overlay (for VSA )
This version is based on the power of multi-timeframe analysis. The basic functionality is simple: Plot lines from the high and low of candles formed during periods of high volume and fill the space between them. The volume levels for deciding what counts as "high volume" are based on standard deviations of the volume's SMA , and the higher the volume , the brighter the zone. i.e., a volume zone set by a volume level that is 4 standard deviations higher than average will be more "filled in" and less transparent than a volume zone from a 2 standard deviation candle.
These zones tend to act as areas of congestion, and the "ceilings" and "floors" of the zones as support and resistance . Overlapping zones tend to indicate strength and are likely to require more effort to get through. The more timeframes that agree with each other, the stronger the zone, ceiling, or floor.
By default, these zones are drawn based on the chart's timeframe and 1 timeframe higher, automatically set based on some "standard" values:
1m -> 5m
5m -> 15m
10m -> 30m
15m -> 60m
30m -> 60m
60m -> 1d
1d -> 1w
Finally, both the base timeframe and the higher timeframe are customizable; this is intended to make it easy to "double" up copies of the indicator to fit even more timeframes on the chart, creating a sort of heatmap for volume price analysis.
An example of three copies of the indicator, showing volume zones from 6 different timeframes.
TIL Volume by Price SRTrading Indicator Lab's Volume by Price SR is a volume-based indicator for TradingView that reveals the strongest (and weakest) support and resistance levels in the chart among 12 price zones within a given period.
How It Works
The Volume by Price indicator uses a spectrum of blue to red colors to differentiate the strength of the volume within a price range for each bar. Think of it as a running volume profile with 12 price zones.
For each bar, the indicator calculates the rank of each price zone from the one that has the least number of volume to the highest within a given length of bars. Price zones that have less volume count are assigned colors that are closer to blue while price zones that have higher volume appear red. The indicator also marks the highest and lowest price levels in the rank with a red and blue dot which correspond to the same color code. The indicator repeats this in the next bar up to the last until it creates a stream of 12 lines that visually represent the gradual shift of volume strength in the price axis.
How to Use
The Volume by Price SR indicator is simple and can be used primarily to gauge support and resistance. Red lines represent price levels where there is a history of higher volume within the period, which also act as good support/resistance levels where price is more likely to be tested or bounce off.
As it can also be seen as a running volume profile indicator, the red and blue dots in each bar can be considered as high volume nodes (HVN) and low volume nodes (LVN) respectively. Though the calculation of the volume profile is continuous, the HVN and LVN dots can often appear consecutively or in a series within a single price level. The price tends to linger around or test lines that has the red dot (HVN). Meanwhile price rarely cross lines with the blue dot (LVN) or not spend as much time in these areas compared to other levels.
The height of the 12 price zones is determined by the difference between the highest high and lowest low of the period which can be useful in visualizing the chart's dynamic price range.
Inputs
- Length - sets the length of the period the indicator calculates for each bar
- Line Thickness - sets the thickness of the 12 lines all at once
- Dot Size - sets the size of the HVN and LVN dots
Realtime Volume Stats Panel w Delta, Buy/Sell%, Cumulative DeltaWhat is it?
Displays several realtime volume stats for each bar/candle.
Although it was originally created to be an assist tool for the Market Footprint (available as a separate indicator) to consolidate the numbers into a neat panel below, it can be used independently as an Orderflow Analysis tool as well.
It currently displays the following:
(1) Net Delta Volume for the bar; (2) Total Volume for the bar; (3) Cumulative Delta Volume for bars plotted up till this point (i.e., from the time the tool started collecting realtime data);
(4) Buy Volume for the bar as a percentage of the total volume for the bar; and, (5) Sell Volume for the bar as a percentage of the total volume for the bar.
All labels/colors etc. are configurable to suit your aesthetics.
All data are ONLY AVAILABLE FOR REAL-TIME BARS. The longer you keep a chart open with the study enabled, the more data it collects and displays, and the better your analysis can potentially be.
Note that the data gets reset every time (a) any of the options is changed, (b) the market is switched, (c) the browser is refreshed, or (d) the script is reloaded
DATA ISN'T STORED. I.e., every time a new symbol is loaded, the previous symbol's data is lost. So if you intend to monitor a symbol closely, you would need to keep it loaded all the time (and without tinkering with any of the Settings).
Who is it for?
For ultra short term traders who are used to looking at short term auction orderflow (and price action) to catch buy/sell anomalies and accurate trade entries
For traders who are already using Market Footprint but want the volume stats to be displayed on the bottom pane making for a cleaner interface.
For traders (, irrespective of their method of trading,) who wish to understand what is happening under the hood when a certain price action unfolds. (Who is in control, who got trapped, what does liquidity or the lack thereof look like, etc.)
Footprint
What is it?
The classic Market Footprint chart for realtime bars (; at least the closest I could get it to anyway).
The tool has 3 modes, which display different volume data for the traded prices of each bar: (1) Up/Down Volume Footprint: At-price Up Volume and At-price Down Volume ; (2) Total Volume Footprint: Total volume transacted at each price; and, (3) Delta Volume Footprint: Difference between At-price Up Volume and At-price Down Volume . You can choose which mode you want from Settings. Each at-price value is color-coded based on its strength/weakness.
Maximum at-price volume for a bar can be chosen to be displayed in a separate color. This will serve (and be shown) as the VPOC ( Volume Point of Control). Note: This is not technically precise as VPOC is a slightly different concept. (But should be the same for most candles).
Below the bars (or above, depending on how you configure it), are displayed the following:(1) Net Delta Volume for the bar; (2) Total Volume for the bar; (3) Cumulative Delta Volume for bars plotted up till this point (i.e., from the time the tool started collecting realtime data); (4) Buy Volume for the bar as a percentage of the total volume for the bar; and, (5) Sell Volume for the bar as a percentage of the total volume for the bar. Each value here is color-coded as well.
In addition, a custom candle option has been provided. These are ON by default and displays 'thinner' candles for, arguably, good readability with Footprint in Up/Down Volume Mode. With custom candles, Tradingview's default candles will be rendered redundant and can be disabled. If you wish to switch to Tradingview's candles, it is recommended that you use either hollow candle mode or bar mode to view the footprint properly. (Filled-body candles will hide the values). Note that with the Footprint chart in either "Total Volume" or "Delta Volume" mode, you are better off using Tradingview's hollow candles or bars.
Almost all labels/colors etc. are configurable to suit your aesthetics.
All data are ONLY AVAILABLE FOR REAL-TIME BARS. The longer you keep a chart open with the study enabled, the more data it collects and displays, and the better your analysis can potentially be. Note that the data gets reset every time (a) any of the options is changed, (b) the market is switched, (c) the browser is refreshed, or (d) the script is reloaded
DATA ISN'T STORED. I.e., every time a new symbol is loaded, the previous symbol's data is lost. So if you intend to monitor a symbol closely, you would need to keep it loaded all the time (and without tinkering with any of the Settings in between).
Who is it for?
For ultra short term traders who are used to looking at short term auction orderflow (and price action) to catch buy/sell anomalies and accurate trade entries
For traders looking to get into footprint chart reading and who wish to give it a go and learn before investing in expensive platforms/tools.
For traders (, irrespective of their method of trading,) who wish to understand what is happening under the hood when a certain price action unfolds.
Who is in control, who got trapped, what does liquidity or the lack thereof look like, etc.
Mode 2: Total Volume Footprint. This also shows how Tradingvoew's hollow candles can be used with the tool.
Mode 3: Delta Volume Footprint
Realtime Volume Bars w Market Buy/Sell/Neutral split & Mkt Delta
What is it?
A tool that shows Real-time Volume bars split into 3 components: (1) Market Buy Volume - i.e., the volume that got transacted on upticks; (2) Market Sell Volume - i.e., the volume that got transacted on downticks;
and, (3) Neutral Volume - i.e., the volume that got transacted without a change in price. (This feature can be turned off if you want normal volume bars).
Market delta (i.e., Market Buy Volume - Market Sell Volume) is also displayed above each volume bar. (On by default; can be switched off from Settings)
The split and Market Delta data are ONLY AVAILABLE FOR REAL-TIME BARS. Historical bars are shown just like regular ones. The dotted line marks the start of real-time data (i.e., the bar from which the indicator started collecting and displaying data). You will see accurate data for bars to the right of this line. The longer you keep a chart open with the study enabled, the more data it collects and displays, and the better your analysis can potentially be.
Note that the data gets reset every time any of the options is changed, the market is switched, the browser is refreshed, or the script is reloaded
DATA ISN'T STORED. I.e., every time a new symbol is loaded, the previous symbol's data is lost. So if you intend to monitor a symbol, you would need to keep it loaded all the time.
Who is it for?
For traders who are used to analyzing buy/sell activity using market buy/sell volume and market delta information
Although you can use this independently as well, use it in conjunction with "Market Delta Volume for Realtime Bars" indicator to get a better visual representation of the numbers.
KINSKI Volume Regression TrendRegression trends are typically used to determine when a price is unusually far from its baseline. The script calculates the linear regression of volume and price to determine the trend direction and strength. This can be used to determine the volume support for upward/downward trends.
As a special feature, this indicator allows you to choose from three (as of 07/20/2021) templates with special presets.
The following templates are available:
"Precise" (Period: 4, Smoothing Factor Type: "DISABLED", Smoothing Factor Length = 1).
"Smooth" (Period: 4, Smoothing Factor Type: "RMA", Smoothing Factor Length = 2)
"Long Term (Period: 20, Smoothing Factor Type: "DISABLED", Smoothing Factor Length = 1)
In the selection for templates, the option "DISABLED" can also be selected. Then the user-defined settings selectable under it take effect. There are the following setting options.
"Length": Adjustable period
"Smoothing Factor: Type": Type of moving average
"Smoothing Factor: Length": Adjustable period
Other setting options are:
Color codes: The color codes are explained in the settings
Display types: "Columns", "Histogram", "Area", "Line", "Stepline"
High Low POCGet centre point of highest high and lowest low from defined number of bar .
if POC above sma and price above POC then enter long .
if POC below sma and price below POC then enter short .
nonoiraq indicator it's very strong i edit this indicator to connect it with my bot to auto trading and he take the info from the volume, so when he is give me a single the bot take just 0.50% to 1% for 3 - 5 trade in day and this perfect, if u use a manual trading this indicator can reach to from 10% to 80% in some point .
the indicator have 3 line
(Red , Purple, Yellow)
1- The yellow line it's high sensitivity this mean it's when rich to the -3 or 3 you can open the order when the bar is close and the signal be sure
and u need to watch the your order because in some case he is reach to 0.30% to 2% and the price reflected to loss and when you wait the price reflected to but my advice you take profit and close the order directly.
2- The purple circles it's medium sensitivity this mean when the purple hit the 2.5 or 3 from down or up in indicator with yellow line you open the order when bar close and the signal is be sure , like example in the photo
3- The red circles it's low sensitivity and this one when reach to 3.0 with any line (yellow or purple) you open directly short or long , like the example in the photo
i am sorry for my english it's not very good
please support me to share other idea or script
MAIQ Volume Trend IndicatorUses Volume and current outstanding shares float to calculate a ratio to determine if a price trend is occuring.
[francrypto® strategy] 4 EMAs, P.SAR & Vol.Prof. (by kv4coins)(ENG)
This script consists of my own strategy for cryptocurrency (but can be adapted very well for stocks, forex, etc.)
Is a combination of:
- Four Exponentials Moving Average (EMA), configurables: by defect are 10, 21, 55 and 200 periods in yellow, aqua, orange and blue each of them
- Parabolic SAR System (PSAR), configurable
- Volume Profile (that has been developed by kv4coins - he has already authorized me to use it under the same OSS Licence Terms: MPL 2.0), configurable: with another default values and bilingual support for Spanish (SPA)
How it works
1) It is always better to detect specifics candlesticks or patrons: doji , pinbar or inverted pinbar , engulfing bars , morning star or evening star , harami , twizzer bottom or top , etc.
2) The 10 and 21 periods EMA help to identify the short-term behavior
3) The 55 periods EMA can be used like a support or resistance in medium-term, as 200 periods EMA in very long-term
4) It will convenient search for a double cross (10 & 21) or a triple cross (10, 21 & 55) to determine the medium-term change Downtrend to UpTrend (or viceversa)
5) Confirm the change patron with the Parabolic SAR and then identify potencials purchases or sales
6) Use Volume profile to detect potential supports or resistances areas, in order to set stop limit/loss and take profit orders.
Hope this helps!
Cheers,
FRANCRYPTO®
–––––– 0 ––––––
(ESP)
Este script consiste en mi propia estrategia para criptomonedas (pero puede adaptarse muy bien para acciones, forex, etc.)
Es la combinación de:
1) Cuatro Medias Móviles Exponenciales (EMA), configurables: por defecto son de 10, 21, 55 y 200 períodos en amarillo, turquesa, naranja y azul cada una de ellas
2) Sistema Parabolic SAR (PSAR), configurable
3) Perfil de Volumen (que fuera desarrollado por kv4coins - que ya me ha autorizado a su uso bajo las mismas condiciones de la Licencia OSS: MPL 2.0), configurable: con otros valores por defecto y soporte bilingüe para Español (SPA)
Cómo funciona
1) Siempre va a resultar mejor detectar velas japonesas específicas o patrones: doji , martillos o martillos invertidos , velas envolventes , patrón amanecer o atardecer , harami , velas gemelas , etcétera
2) La EMA de 10 y 21 períodos ayudan a identificar el comportamiento de corto plazo
3) La EMA de 55 períodos puede ser usada como un soporte o resistencia de mediano plazo, como así también, la EMA de 200 períodos en el muy largo plazo
4) Será conveniente buscar un doble cruce (10 & 21) o un triple cruce (10, 21 & 55) para determinar un cambio de la tendencia de mediano plazo de bajista hacia alcista (o viceversa)
5) Confirmá el patrón de cambio con la Parabólica de SAR y entonces identificá potenciales compras o ventas
6) Usá el perfil de volumen para detectar las potenciales zonas de soporte o resistencia, principalmente para establecer ordenes stop limit/loss o take profit.
¡Espero que pueda serles de utilidad!
Saludos,
FRANCRYPTO®
