PROTECTED SOURCE SCRIPT
Volume Accumulation Percentage with Signals
Converted from TOS Tape Reader. Tape Reader Version TWO
changed colors to be more compatible with dark mode
candle painting now works and has been added
changed the volume calculations which radically changed the trend dashboard
trend line has been moved to the the bottom of the indicator from the zeroline to give it more prominence
sell arrow more timely
streamlined the chart
scanner re-written.
Trend is now based on the delta in buying pressure in relation to its moving average.
Buying pressure is the important facet of volume when looking for reversals.
This allowed us to remove all the various other lower volume charts.
Candle painting was requested but was problematic given the manner of the calculations.
The calculations have been modified to be 'candle painting' friendly
Added 'dark mode' option which will change the reversal spikes and arrows to WHITE
usethinkscript.com/threads/uts-tape-reader-version-2-0.12175/
changed colors to be more compatible with dark mode
candle painting now works and has been added
changed the volume calculations which radically changed the trend dashboard
trend line has been moved to the the bottom of the indicator from the zeroline to give it more prominence
sell arrow more timely
streamlined the chart
scanner re-written.
Trend is now based on the delta in buying pressure in relation to its moving average.
Buying pressure is the important facet of volume when looking for reversals.
This allowed us to remove all the various other lower volume charts.
Candle painting was requested but was problematic given the manner of the calculations.
The calculations have been modified to be 'candle painting' friendly
Added 'dark mode' option which will change the reversal spikes and arrows to WHITE
usethinkscript.com/threads/uts-tape-reader-version-2-0.12175/
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.
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.