Order Block and Daily Levels VTREND
I have included a volume weighted band in green, as it's use is core to my trading style. I have often found however, there needs to be more clarify in structure which some of my previous scripts did not provide, so i have coded up some custom order blocks, which can be altered along the lines of how sensitive they are.
There is also a high time frame volume average line to combine the green volume weighted band to identify a bullish or bearish trend.
The other key change I am experimenting with, is trading off the daily levels, this is reflected here with a change is barcolor, above or below the daily level and a 'cross' symbol.
Included are 'chance of reversal' diamonds.
You can see here with the trend, volume and structure information given, there is a clearer idea of where price might head to next. Combine this with yur own levels too.
This can be useful on low time frames too.
So far I have experimented with this script on the 4/2/1 hour and 25 / 5 minutes
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Author's instructions
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Disclaimer
Invite-only script
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact vtrend-script 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
Warning: please read our guide for invite-only scripts before requesting access.