INVITE-ONLY SCRIPT
Block Sale Transaction Alert!
Understanding Block Transactions
Block transactions are transactions that are of a significantly high value. This can be a transaction of any
security that is large enough to have an impact on the market price and cause a flow-on effect of
investment that will ensue.
Block transactions are significant because the party who initiated the transaction is likely to be more
confident than the retail investor. Confidence can be assumed by the value of the transaction and the
source can be either,
a) an institutional fund with access to detailed and reliable information
or
b) a party with secret, insider knowledge that is currently undisclosed to the market.
For these reasons, being aware of block transactions is extremely important for anyone looking for a
new investment opportunity or risk management of current holdings.
Block Transaction Utility
This indicator is compatible with instant E-mail and SMS notifications so that the investor will be well
informed of institutional activity and make trading decisions quickly.
If a block transaction occurs, the user will be able to visualize whether it was a purchase or sale as it will
be textualized above or below the current bar if used with the Block Transaction Buy Alert found here:
Input Values
The visual representation of the transactions are customizable as you can adjust the shape, color, and
location by clicking “Format” at the top left of your chart, next to the indicator label.
Setting up Text message or E-mail Notifications
In order to receive the text message and/or email alerts, you will need to make sure the correct contact
information is saved in your TradingView® account settings.
For more information on this indicator, and setting up alerts, view this PDF: kenzing.com/wp-content/uploads/2018/07/Block-Transaction-Trading-Indicator-Instructions.pdf
Block transactions are transactions that are of a significantly high value. This can be a transaction of any
security that is large enough to have an impact on the market price and cause a flow-on effect of
investment that will ensue.
Block transactions are significant because the party who initiated the transaction is likely to be more
confident than the retail investor. Confidence can be assumed by the value of the transaction and the
source can be either,
a) an institutional fund with access to detailed and reliable information
or
b) a party with secret, insider knowledge that is currently undisclosed to the market.
For these reasons, being aware of block transactions is extremely important for anyone looking for a
new investment opportunity or risk management of current holdings.
Block Transaction Utility
This indicator is compatible with instant E-mail and SMS notifications so that the investor will be well
informed of institutional activity and make trading decisions quickly.
If a block transaction occurs, the user will be able to visualize whether it was a purchase or sale as it will
be textualized above or below the current bar if used with the Block Transaction Buy Alert found here:
Input Values
The visual representation of the transactions are customizable as you can adjust the shape, color, and
location by clicking “Format” at the top left of your chart, next to the indicator label.
Setting up Text message or E-mail Notifications
In order to receive the text message and/or email alerts, you will need to make sure the correct contact
information is saved in your TradingView® account settings.
For more information on this indicator, and setting up alerts, view this PDF: kenzing.com/wp-content/uploads/2018/07/Block-Transaction-Trading-Indicator-Instructions.pdf
Invite-only script
Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact GrantPeace for more information, or follow the author's instructions below.
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Kenzing trading indicators for TradingView perform advanced real-time analysis of stock price trends and display alerts that are easy for the average Trader to interpret.
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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.