LeanBarba

Negociated capital

LeanBarba Updated   
Este script calcula el capital negociado para el periodo trabajado. Simplemente calcula el precio promedio y luego lo multiplica por el volumen operado. El resultado es una aproximación del capital total que se intercambio. Es útil para estimar la liquidez del mercado y encontrar puntos de entrada mas precisos. Aplica a cualquier producto donde se conozca el volumen.

This script calculates the capital negotiated for the period worked. Simply calculate the average price and then multiply it by the volume operated. The result is an approximation of the total capital that is exchanged. It is useful to estimate the liquidity of the market and find more precise points of entry. Applies to any product where the volume is known.
Release Notes:
En esta versión añadí una media móvil exponencial para suavizar el movimiento sin perder esos picos tan propios de este indicador. Gracias a esta media móvil exponencial pude notar en un estudio rápido sobre $TSLA que al cruzar el indicador la EMA hacia arriba y mantenerse sobre esta se observaban fuertes movimientos del mercado. Es necesario mas estudio para llegar a conclusiones mas validas.

Ademas le puse algunos colores para que sea mas visible.

In this version I added an exponential moving average to soften the movement without losing those peaks so typical of this indicator. Thanks to this exponential moving average I was able to notice in a quick study on $ TSLA that when the EMA crossed the indicator upwards and remained above this, strong market movements were observed. More study is needed to reach more valid conclusions.

I also put some colors to make it more visible.

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

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