TB! -=SmartWave=- [Incl. Volume]
What does it do?
It monitors buys vs sells, since the market moves because people buy n sell,i kinda thought it would be important.
It also monitors price action in relation to that volume to determine if a lot of volume is gobbled up by (over-) leveraged positions.
It provides a good insight when to take some action.
NB.
The drawback and the losses it makes can be reduced a lot with a 2.5% stoploss and fib based TP's, i just did not care to have the script deal with those,
This one contains the correct strategy
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact KingRekter directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact KingRekter directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.