PROTECTED SOURCE SCRIPT
Updated [Kronorium] Volume-Based Regime Changes
Color coded indicator that depicts different types of unusual volume activity.
Arrows along the top will signify bearish or bullish presence. Blue arrows on the bottom indicate a bullish-regime entering, conversely, red arrows along the top will indicate a bearish-regime entering.
Unusual Volume is displayed along the top of the screen as yellow flags. This alert is agnostic-- no particular direction. At this point you must consult moving averages, or other price related indicators to decide a direction.
Volume alerts are calculated against the variable "Volume Lookback" -- volume within this window will be referenced against itself. Whenever volume expands or contracts beyond the windowed-range, alerts will be dispatched accordingly in that direction.
Arrows along the top will signify bearish or bullish presence. Blue arrows on the bottom indicate a bullish-regime entering, conversely, red arrows along the top will indicate a bearish-regime entering.
Unusual Volume is displayed along the top of the screen as yellow flags. This alert is agnostic-- no particular direction. At this point you must consult moving averages, or other price related indicators to decide a direction.
Volume alerts are calculated against the variable "Volume Lookback" -- volume within this window will be referenced against itself. Whenever volume expands or contracts beyond the windowed-range, alerts will be dispatched accordingly in that direction.
Release Notes
Update default valuesRelease Notes
Update script-name, update default chart picture on TradingView-previewRelease Notes
Added new UI features:- Set chart background color to bullish (blue) or bearish (red) regime
- Set candle/bar color to bullish (blue) or bearish (red) regime
- Table on chart to show current regime, and bullish/bearish momentum changes
Release Notes
NEW- Add institutional activity (beta)
Release Notes
Code clean upProtected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.