modified equation using sum of volume*hlc3*(close-open)/(high-low) to give more accuracy of distribution within a single candle unlike regular obv.
This is a tool, shows the volume variation % strength related to the X past candles. The current candle is shown in real time, until candle closes. The visualization of the candle time to close is a thin line, that is 100% for all past candles and slowly goes up for the current candle. Best with an example: with a 4h candle, 1 hour has wasted already. This is...
This script functions in 2 modes, "intraday" & daily/weekly/monthly. By changing your chart to any "intraday" timeframe, this mode will automatically switch based on which timeframe you are view on your TradingView charts. INTRADAY: the script will show the "Dean Moving Average" (10ema on 15/min). NOTE: This 10ema on 15/min will calculate correctly even if using...
This works only on charts with real volume...if it does work
**You must enable bar colors in the options for the script if you wish to see them** This indicator is very useful for spotting trends / tops / bottoms. This is the ultimate altcoin pump spotting tool. Use on higher timeframes for greatest accuracy. If altcoin is newish (ZEC for example), try 4h rather than 1D or 3D. Green = Uptrend Red = Downtrend Gray =...
This volume indicator gives you a unique perspective and ability to analyze volume in any market. The upper line that is always >=0 represents average up volume over a user definable period while the lower line that is always <= 0 represents the average down volume over a user definable period. green == bullish candle but volume lower than average lime ==...
I took /u/HarryPotter's interpretation of the Klinger Volume Oscillator, modified a few values in its calculation (as you can see the scale is much much smaller than in /u/harrypotter's version; I also performed an inverse fisher transform on it, and added some signal coloring. I use this on pretty low time frames (3-5-15 min) with a demarker(13) for...
Aggregated Volume from all major exchanges. Price must touch or drop below pivot but close above it. Volume must break SMA.
Volume breaks its MA. Price touches or goes below pivot then closes above it. Buy on purple and blue.
Volume breakout against pivot, make sure that price closes above pivot within the next few candles from purple/blue candle.
This is a revised version of the original "Price Divergence Detector by RicardoSantos". Description: Price Divergence detection for various methods : RSI, MACD, STOCH, VOLUME, ACC-DIST, FISHER, CCI, BB %B and Ehlers IdealRSI. Both Hidden and Regular Divergences are detected. Mofidifications: Revision 3.0 by JustUncleL Added option to disable/enable...
Update to volume flow script optional colored candles, volume oscillator, strategy shapes
the main rules are in version 1.0 of this indicator, here: and they provide useful info to make sense of the indicator two important improvements: 1 - the candle period is now provided in minutes 2 - the volume MA size does not make an average abymore, now IT CHOOSES the highest value in the range. this provides less, but more significant signals.
This indicator was designed to work in real time, and needs the "calculate on every tick" turned on. It verifies if the volume from the current candle is increasing more or less than the average. Example using 5 min. candles: 1 minute is 20% of the time for the candle. So, if the volume is at 20% or below of the vol.average, the market is stable(price not moving...
Works only on Forex pairs. See the inside bar volatility. Use precision to get data from lower time frames. Be aware that script initialization will be slower with the precision going higher. Added an option to show average volatility for long term as forex market transactions grow rapidly, suppressing all other markets. Bar color changes to green when volatility...
EXPERIMENTAL: Use at your discretion. A different way to look at volume information from a time flowing perspective.
Looks at increasing or decreasing volume over the last 3 bars as well as how the last three price bars have close. The idea is to use a color bar as confirmation of support/resistance at that level.