The indicator is called the "Awesome Cumulative Volume Oscillator" (ACVO), which analyzes the cumulative trading volume of the underlying asset.
The indicator also plots the deviation of the cumulative trading volume from the first SMA value, which is referred to as the "Cumulative Volume Deviation". The zero-line is plotted as a reference point.
If the...
The Volume Profile Matrix indicator extends from regular volume profiles by also considering calculation intervals within the calculation window rather than only dividing the calculation window in rows.
Note that this indicator is subject to repainting & back-painting, however, treating the indicator as a tool for identifying frequent points of interest can still...
What Is Wyckoff Wave Chart and How Does It Work?
It is the cumulative sum of exchanged (sold/bought) shares or contracts on a given wave (downward or upward) in a given time plotted on the chart.
Wyckoff Wave Chart for TradingView
Wyckoff Wave Chart is the best tool to identify turning points in all markets. Money plays in the market, not set ups....
Hello traders,
"There's nothing new on Wall Street" is an age-old saying that still shows its relevance in modern day financial markets; volume still serves as a valuable tool for any trader just as it did for those that came and succeeded before us; in order to succeed in modern day markets one has to take it up a notch and dabble in complicated topics, like...
OVERVIEW
This indicator is a synthesized "Tape" (aka. Time and Sales) from real time market data. It's specifically designed to be performant, expediting trading insights and decisions.
The table contains color-coded price action, volume size, and a timestamp data for each chart update. Because chart updates are independent of exchange orders, 1 chart update may...
This script lets you create the equivalent of "volume candlesticks" in TradingView.
"Volume candlesticks" normally vary their width according to the bar's volume. This script varies COLOUR instead of WIDTH.
Bar charts are also supported.
Candles/Bars are coloured by their distance from the average volume. You can also add a "huge volume" colour to further...
OBV (On-Balance Volume) is a technical indicator that measures the momentum of buying and selling pressure in a market based on the volume of trades. It uses a cumulative total of volume traded during periods of price increases and decreases to determine the overall trend. When prices rise, OBV increases, and when prices fall, OBV decreases.
The enhanced version...
Displays the volume behind each candle with colors, to visualise their evolution over time, directly in the chart.
This indicator is best suited for dark mode (Suggested background color: #0a0c12).
The more intense is the color, the bigger is the volume.
The unit is a 400 periods moving average of the volume, considered as 1 volume.
Each color represents half of...
Unveiling the Quantum Volume Expansion Index (QVEI): A Novel Market Indicator
The world of technical analysis is vast and ever-evolving, with new indicators and strategies constantly emerging. Today, we explore an intriguing new concept in market analysis: the Quantum Volume Expansion Index (QVEI). While a playful and creative idea, the QVEI combines the power...
Vsa Trend is a tool that utilizes the principles of Volume Spread Analysis (VSA) to identify potential trading opportunities. This tool highlights several principles such as PB, PBNC, PS, PSNC, TE, ND, Short Trend Tool, Trigger Lines, and Multiple Alignment of Trends.
These principles assist in identifying potential buy and sell opportunities based on the...
The Pressure Volume script is a technical indicator that is used to identify buying and selling pressure in a market based on changes in volume. The indicator calculates the average volume over a specified lookback period and then calculates the percentage change in volume for each bar. If the percentage change in volume exceeds a user-defined threshold, then the...
The Median Value Traded script is an indicator that allows traders to visualize the median value traded for a particular asset. The median value traded is an important metric as it provides a clearer understanding of the trading activity for an asset, which can be used to inform trading strategies.
To use this script, simply add it to your chart and adjust the...
This script is designed to identify and display the Weis Wave Volume on a chart. The Weis Wave Volume is a volume-based indicator that helps traders analyze market waves, identify trend reversals, and assess the strength of a trend. The script calculates wave volume based on user-defined input parameters, detects price waves, and displays the results as labels on...
Some Brokers like Forex.com don't show Volume for FX. This indicator allows user to import Volume from a range of FX brokers that DO show volume
-Combine the reported volumes from all five brokers: FXCM, GLOBALPRIME, PEPPERSTONE, Currency.com, OANDA. Or pick a specific broker to import volume from.
-Image above shows combined Volume from the big 5 brokers, with...
This is a + version of my original Periodic Volume Profile indicator
This script includes the following extra unique features.
Show last X number of POC levels
- automatically draws these POC lines
- labels are shown as
- Naked POCs are labelled as NPOC
- label position and text size can be adjusted
Profile Range and Value Area background colors...
The Enhanced Volume indicator is a powerful tool designed to help traders identify trends and patterns in market volume. This indicator combines multiple components to provide traders with a comprehensive view of volume trends in a particular market.
The Volume Oscillator component of this indicator calculates the difference between two volume moving averages and...
This indicator draws a volume profile by utilizing data from the lower timeframe to get a more accurate representation of where volume occurred on a bar to bar basis. The indicator creates a price range, and then splits that price range into 100 grids by default. The indicator then drops down to the lower timeframe, approximately 16 times lower than the current...
This is a volume Candle indicator. Volume Candlestick charts are created in the traditional way using open, high, low, and close data but with the addition of a volume component that determines the width of the candlestick. The greater the volume, the wider the candlestick. The colors in the Volume chart also have meaning. A green volume bar means the stock closed...
![EURUSD: Volume Profile Matrix [LuxAlgo]](https://s3.tradingview.com/y/y4plLaDG_mid.png "Volume Profile Matrix [LuxAlgo]")
![AI: Volume Candlesticks [cajole]](https://s3.tradingview.com/e/EhCXvvo4_mid.png "Volume Candlesticks [cajole]")
![SPX500USD: Periodic Volume Profile+ [Pt]](https://s3.tradingview.com/c/CflBEJNe_mid.png "Periodic Volume Profile+ [Pt]")
![BTCUSDT: Bar Magnified Volume Profile/Fixed Range [ChartPrime]](https://s3.tradingview.com/a/azaqVnio_mid.png "Bar Magnified Volume Profile/Fixed Range [ChartPrime]")
