Hello dear traders, Today we're discussing an indicator I've coded: the Volume Spike Indicator (VSI). The indicator isn't a groundbreaking invention and certainly not a novelty. Nevertheless, I haven't seen this version of the indicator on TradingView before, so I'd like to introduce it. 1. The Origin of the Idea: We're all familiar with volume charts: A...
The script pulls Lower Timeframe (30min) data to draw High/Low of Out-of-hours/AfterHours session (post-market session & next day pre-market session) on the Daily regular session chart. It then identifies significant AfterHours price changes and what happens to these price Spikes by the Open of the next day regular session. You can change: wether to...
A tool to identify and visualize abnormal volume clusters. Intended for intraday charts with volume data available. Works out of the box without a need for setting up 100500 parameters. Features: Customizable table 4 modes 17 color palettes including Viridis, Inferno, Magma and Plasma available Example: Viridis palette Example: Inferno palette
Enhanced Sigma by Cryptorhythms Sigma is basically the deviation of returns compared to past returns. The higher / lower the value, shows you how deviated from the average this current bars returns are. While perhaps not usable as a complete strategy for entering and exiting, its still quite useful and informative. It can give interesting signals as to...
Hello The indicator measures the relationship between Average True Range (ATR) that shows how much an asset moves, on average, during a given time frame and Standard Deviation that measuring how widely asset prices are dispersed from the average price. If prices trade in a narrow trading range, the relationship between the ATR and SD will return a low value that...
Volume is one piece of information that is often neglected, however, learning to interpret volume brings many advantages and could be of tremendous help when it comes to analyzing the markets. In addition to technicians, fundamental investors also take notice of the numbers of shares traded for a given security. What is Volume? The volume represents all the...
Institutional investors have a profound impact on financial instruments prices because of the large volume, and their trading activities can greatly impact the price of financial instruments. They sometimes may split trades over time in order to not make a material impact and of course not to decrease liquidity to the point where there may be no one to take the...
Haweye volume is the leading volume indicator and can be used for Volume spread analysis and Volume Price Analysis. Added Volume spike alert to identify Institutional activity. When there is fourfold volume spike from 4 preceding price bar and the following price bar exceeds the high of the spike bar you can go long and reverse is true for shorts
Detect current bar's volume is at least Ratio times than average volume of previous "Look back" bars.
spike reversal indicator is an innovation of lirshah programming team, this indicator is combination of several indicators with candle sticks patterns. good accuracy on reverse points and ease of interpretation are strong points of this indicator. calculation of this indicator is based on opening price of each bar which means the value of indicator is constant on...
Highlight Candles or Volume Bars when volume breaks through the Moving Average, without volume obscuring your chart or candles! Also set an alert when volume breaks through its moving average! 1) Create an alert, 2) Select "Volume Highlighter" from the Alert Condition dropdown box, 3) select "Volume Bars" from the second dropdown, and 4) select "Volume MA...
Displays "spike days" by colouring the bars (Default: yellow for a Spike High and blue for a Spike Low) Spike Day's definition taken from Jack D Schwager's Book: A Complete Guide to the Futures Market: Technical Analysis, Trading Systems, Fundamental Analysis, Options, Spreads, and Trading Principles A spike is: A wide difference between the spike high and...
This script identifies volume spikes as a percentage change of the current bar's volume compared to the previous 3 bars' average volume.
This script plots exponential moving average (EMA) of volume (line chart) together with spike threshold (area chart) offset by 1 bar. The idea is to detect sudden increase (spike) in volume when volume EMA crosses above the threshold which is calculated by multiplying a multiple in EMA of the previous bar. This is used for setting alerts on changes of volume to...
Seismic Market Spike Detector v1.0 This indicator helps identify spikes in market activity , typified by bars with extreme open / close or high / low prices. This indicator plots 2 lines. The Blue line simply depicts extreme price movements with in that bar regardless of the initial opening price of the closing price of the bar. This allows you to get an...