This strategy is back test for EMA_cumulativeVolume_crossover
When ema50 crossover cumulative volume of 100 period
When ema50 cross down cumulative volume of 100 period
for the partial profit I have used stopLoss value , but up side. When price is above partial profit and crossing down EMA 50 , exit 1/3 position
Please note when you...
today another awesome Analysis Tool, that you can use in your trading journey: Cumulative Volume Delta (CVD) , also known as Cumulative Delta Volume (CDV)!
Volume says a lot about price action:
price drops with low volume? or price pumps but no volume increase?
big sellers volume but price does not drop? or big buyers volume but price does...
This Single Volume Delta (SVD), respectively Cumulative Volume Delta (CVD) is a really simple script computing the difference of the volume of the actual in comparison the the volume of the "Calculation Bars Threshold", calculated by smoothing through a simple moving average - the "CVD MA Smoothing".
Therefore, if the "Calculation Bars Threshold" and the "CVD MA...
I've received dozens of requests for this style of Cumulative Volume indicator over the past year since I released my RVOL By Time and standard RVOL indicators.
After studying Pine Script deeply and using a bit of old fashioned trial and error over the past few months, I finally got it to work!
This script adds up the cumulative volume...