INVITE-ONLY SCRIPT

AZV Indicator

Updated

AVZ

Market is changing by 4 Factors which are (PVTTI - Price - Volume -Trades- Time

This indicator is a hybrid, with a combination of leading indicators and lagging trending indicators combined into one,and it's using mostly the 3 factors_ PVT which will help you getting good trades .


Volume :-
Leading indicators such as Volume Spikes , Average Volume Spikes (VolMA) ,and a special Spike calculation using RSI as a function with volume as a source .


Price:-
SemiLead indicators such as Aroon Indicator , RSI .


Time and Price Combination :-

Trend Recognition using Harmonic and Zigzag implementation from 'RicardoSantos' .
https://www.tradingview.com/script/seTYoI2K-RS-ZigZag-Percent-Reversal-Forecast-patterns-labels/ .

https://www.investopedia.com/terms/w/wave.asp



Volatility Recognition : Using a special calculation to get the average called ( ZScore) with Vwap implementation .

https://en.wikipedia.org/wiki/Standard_score
https://www.investopedia.com/terms/z/zscore.asp



How to use ?

This indicator is using number of bars of the last wave whatever if it's UP wave or Down wave .

Type number of bars on the specified area of the wave ( Bars Of Wave )


How many NO. Bars to get accurate levels ?

1- If you are searching for a Support level , you have to count the number of bars of last UP wave from its low to it's high .
2- If you are searching for a Resistant level , you have to count the number of bars of last Down wave from its high to its low .


Buying Signal and Selling Signal ?

The indicator tries to identify levels that Buying Volume enter in the same way for Selling Volume .





Release Notes
AZV

Market is changing by 4 Factors which are (PVTTI : Price - Volume -Trades- Time )

This indicator is a hybrid, with a combination of leading indicators and lagging trending indicators combined into one,and it's using mostly the 3 factors_ PVT which will help you getting good trades .


Volume :-
Leading indicators such as Volume Spikes , Average Volume Spikes (VolMA) ,and a special Spike calculation : Hyper impact .


Price:-
SemiLead indicators such as Aroon Indicator , RSI .


Time and Price Combination :-

Trend Recognition using Harmonic and Zigzag implementation from 'RicardoSantos' .
investopedia.com/terms/w/wave.asp



Volatility Recognition : Using a special calculation to get the average called ( ZScore) with Vwap implementation .

en.wikipedia.org/wiki/Standard_score
investopedia.com/terms/z/zscore.asp



How to use ?

This indicator is using number of bars of the last wave whatever if it's UP wave or Down wave .

Type number of bars on the specified area of the wave ( Bars Of Wave )


How many NO. Bars to get accurate levels ?

1- If you are searching for a Support level , you have to count the number of bars of last UP wave from its low to it's high .
2- If you are searching for a Resistant level , you have to count the number of bars of last Down wave from its high to its low .


Buying Signal and Selling Signal ?

The indicator tries to identify levels that Buying Volume enter in the same way for Selling Volume .
Release Notes
AZV

Market is changing by 4 Factors which are (PVTTI : Price - Volume -Trades- Time )

This indicator is a hybrid, with a combination of leading indicators and lagging trending indicators combined into one,and it's using mostly the 3 factors_ PVT which will help you getting good trades .


Volume :-
Leading indicators such as Volume Spikes , Average Volume Spikes (VolMA) ,and a special Spike calculation : Hyper impact .


Price:-
SemiLead indicators such as Aroon Indicator , RSI .


Time and Price Combination :-

Trend Recognition using Harmonic and Zigzag implementation from 'RicardoSantos' .
investopedia.com/terms/w/wav...



Volatility Recognition : Using a special calculation to get the average called ( ZScore) with Vwap implementation .

en.wikipedia.org/wiki/Standard_s...
investopedia.com/terms/z/zsc...



How to use ?

This indicator is using number of bars of the last wave whatever if it's UP wave or Down wave .

Type number of bars on the specified area of the wave ( Bars Of Wave )


How many NO. Bars to get accurate levels ?

1- If you are searching for a Support level , you have to count the number of bars of last UP wave from its low to it's high .
2- If you are searching for a Resistant level , you have to count the number of bars of last Down wave from its high to its low .


Buying Signal and Selling Signal ?

The indicator tries to identify levels that Buying Volume enter in the same way for Selling Volume .
Release Notes
AZV

Market is changing by 4 Factors which are (PVTTI : Price - Volume -Trades- Time )

This indicator is a hybrid, with a combination of leading indicators and lagging trending indicators combined into one,and it's using mostly the 3 factors_ PVT which will help you getting good trades .


Volume :-
Leading indicators such as Volume Spikes , Average Volume Spikes (VolMA) ,and a special Spike calculation : Hyper impact .


Price:-
SemiLead indicators such as Aroon Indicator , RSI .


Time and Price Combination :-

Trend Recognition using Harmonic and Zigzag implementation from 'RicardoSantos' .
investopedia.com/terms/w/wav...



Volatility Recognition : Using a special calculation to get the average called ( ZScore) with Vwap implementation .

en.wikipedia.org/wiki/Standard_s...
investopedia.com/terms/z/zsc...



How to use ?

This indicator is using number of bars of the last wave whatever if it's UP wave or Down wave .

Type number of bars on the specified area of the wave ( Bars Of Wave )


How many NO. Bars to get accurate levels ?

1- If you are searching for a Support level , you have to count the number of bars of last UP wave from its low to it's high .
2- If you are searching for a Resistant level , you have to count the number of bars of last Down wave from its high to its low .


Buying Signal and Selling Signal ?

The indicator tries to identify levels that Buying Volume enter in the same way for Selling Volume .
ATRcryptopriceTIMETrend AnalysisVolatilityVolumeZigzag

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 CryptoShoots for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases, you can find a good open-source alternative for free in our Community Scripts.

Author's instructions

Want to use this script on a chart?

Warning: please read before requesting access.

Disclaimer