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Volume

Point of Control V2 The genesis of this project was to create a POC library that would be available to deliver volume profile information via pine to other scripts of indicators and strategies. This is a republish of an invite only script to open access This is the indicator version of the library function. A few points of significance: - Allows the choice of reset of the study period, day/week or bars. This is simple enough to expand to other conditions - Bar count resets starting from the beginning of the data set (bar index =0) vs bars back from the end of the data set - A 'period' in this context is the time between resets - the start of the POC (eg. start of Day or Week) until it resets (for example at the beginning of a next day or week) - Automates the determination of the increment level rather than the user specifying ticks or price brackets - Does not allow for setting the # of rows and then calculating the implied price increment levels - When a period is complete it is often useful to look back at the POCs of historical periods, or extend them forward. - This script will find the historical POCs around the current price and display them rather than extend all the historical POC lines to the right - This script also looks across all the period POCs and identifies the master POC or what I call the Grand POC, and also the next 3 runner up POCs This indicator is also available as a library. BINANCE:BTCUSDT NSE:NIFTY OANDA:XAUUSD NASDAQ:AAPL TVC:USOIL
Editors' picks
Pine Script™ indicator
by JohnBaron
29
Banknifty Volume - IN This simple indicator computes the average Relative Strength Index of each Banknifty stock and displays the volume on the chart with color schemes while the average line indicates the average RSI of all Bank Stocks. This indicator works on Banknifty and its stocks. It works on all time frames How You can use this? You can use this indicator for Volume analysis if the average RSI line is above the 0 line, the stock is moving upside and vice versa for Downside .
Pine Script™ indicator
by TradingTail
3
High volume zone█ OVERVIEW Show high volume zone in a lower timeframe. █ CONCEPTS 1- Choose an amount of volume (1 000 by default) 2- Choose a timeframe (1 minute by default) 3- It highlight every zone where volume was > 1000 in less than one minute █ OTHER SECTIONS Limitation: - Unfortunately, I didn't find a way to make it in a lower timeframe than 1 minute with Pinescript - It is truncate by minute so a high volume between two lower tf candles may not be count If you have a solution for these, glad to hear it.
Pine Script™ indicator
by remilhoste
3
VWAP + EMA Analysis [Joshlo]Overview and Use Case VWAP Analysis gives the possibility to combine multiple time frames of VWAP along with a triplet of exponential moving averages. This can provide insight into potential scalp, swing and longer term trades, depending on your time frame. The use of this indicator with it's setup is based off the the Scalp Setup Alerts provided by Roensch Capital. The primary use for this script is to help with intraday scalp set ups. Using the Daily VWAP, turned on by default, we can look for price to respect and bounce from one of the VWAP lines (support or resistance) back toward equilibrium, we can also look for price to bounce off of equilibrium and move back toward VWAP support or resistance. The chart attached shows AMD bouncing off of the Daily time frame VWAP Resistance level multiple times (see yellow boxes), often with confirmation given by an increase in volume which is often far higher than the average volume. In many of these cases a short position could've been opened or put option could have been placed with a profitable outcome. Every line projected onto the chart via this indicator has the potential to create support or resistance as well as causing 'hang ups', meaning price loses it's momentum, slows down and hangs out in the particular area. This is shown on the chart within the green box. Chart walkthrough - See attached chart After a rejection off of the Daily VWAP Resistance line (depicted by the white circle), price starts to move back toward Daily VWAP Equilibrium. In order to reach this line, price needs to move through the 20EMA (white) and 50EMA (purple), the Weekly VWAP Resistance (red circles) and the 200EMA (orange). All of these lines are a part of this single indicator. The 20EMA seems to offer little resistance but follows the price on it's move, offering some resistance to a volatile move upward. Initially upon contact with the 50EMA, price hangs up and bounces above and below the line whilst finding support on the Weekly VWAP Resistance at the same time. This causes a 'hang up' or sideways movement for around 20 minutes of trading. A potential trade may have entered at the white circle with a VWAP Resistance rejection and exited upon contact with the 50EMA in anticipation of multiple EMAs and support / resistance lines converging which is known to cause price movement to slow. Eventually with an increase in volume, price breaks below the 20EMA (white), 50EMA (purple) and the Weekly VWAP Resistance level (red circles). Price then finds support on the 200EMA (orange), although there was potential for the price to fall to the Daily VWAP Equilibrium (solid blue). As the Red VWAP lines tend to act more often as resistance as opposed to support (price is rarely above these lines for extended periods), the trade from earlier may have profited more by awaiting contact with the 200EMA before exiting, taking the assumption that the Weekly VWAP Resistance was more likely to act as resistance than support. A period of consolidation in the green box, around the Weekly VWAP Resistance, 20EMA, 50EMA and with support from the 200EMA eventually resulted in another break out where the price came back up to the Daily VWAP Resistance. Prior to the end of this trading day, there were two more opportunities for scalp setups based off of the price showing consistent rejections off the Daily VWAP Resistance back down to the 50EMA. In the final example, price breaks above the Daily VWAP Resistance but quickly rejects off of the Monthly VWAP Resistance. For examples where the VWAP Resistance or Support or broken, it can help to look at an indicator such as the RSI to look for bullish divergence or bearish divergence. Just as this example shows bounces and rejection off of VWAP Resistance, the same applies around the Equilibrium and Support VWAP lines. The perfect scenario would be to find a ticker where there has already been two or three bounces off of one of these levels, with the goal of taking the trade on the next bounce and either using a percentage price target or technical price target based off of the EMAs or VWAP lines. If there are EMAs close in the direction you want to take the trade, there is a higher chance of hang ups and reversals, so a clear run is the more desired trade set up. You can also look for these indicator lines to stack up in order to form a stronger support and resistance. For example the 200EMA and Daily VWAP Equilibrium being close to each other may suggest it would take more of an effort to break both of these levels, but one by itself may break more easily. Indicator Setup In the settings for the indicator, almost everything you might want to change can be done from the Input tab. The three options for VWAP (daily, weekly and monthly) allow for analysis on multiple time frames. Daily is turned on as standard. Standard Deviation Multiplier is set to 2 as standard, this effects the distance of the VWAP support and resistance from the equilibrium line. This seems to be a level that works well with finding support and resistance lines, however if there is excessively high or low volume, occasionally the lines can be thrown off. You can adjust this level if required to find a 'sweet spot' where price likes to reject or find support. The colors for all VWAPs can be adjusted via the Inputs tab, however if you'd like to change the type of line these are depicted as, this can be done from the Styles tab. The 3 EMAs (20, 50 and 200) can be toggled on or off and also have their color changed. The style of the lines can be adjusted from with the Styles tab if required.
Pine Script™ indicator
by Joshlo
.srb suite pin-upThe essential suite Indicator that are well integrated to ensure visibility of essential items for trading. it is very cumbersome to put symbol in the Tradingview chart and combine essential individual indicators one by one. Moreover even with such a combination, the chart is messy and visibility is not good. This is because each indicator is not designed with the others in mind. This suite was developed as a composite-solution to that situation, and will make you happy. --> This is steamlined pin-up version of .srb suite. --> A minimal set of indicators for comparing different symbols. --> This is well-balanced alternative next version of previous .b pin-up symbol BTC-agg. Volume 4 BTC-spot & 4 BTC-PERP volume aggregated. It might helps you don't miss out on important volume flows. Weighted to spot trading volume when using PERP+spot volume . If enabled, BTC-agg.Vol automatically applied when selecting BTC-pair. --> This is used in calculations involving volumes, such as VWAP . Moving Average 1 x JMA trend ribbon ; Accurately follow short-term trend changes. 2 x EMA ribbon ; zone , not the line. MA extension line ; It provide high visibility to recognize the direction of the MA. SPECIAL TOOLS BB regular (Dev. 2.0, 2.5) BB Extented (Dev. 2.5, 3.0, 3.5) SPECIAL TOOLS - Ultra Volume Marking x2 x4 greater than regular average volume, it will help you can take the reversal It does not directly indicate volume, but ultra-volume marking is enough for compare. --------------------------------------------------------------------------------------------------------------------------------------- if you have any questions freely contact to me by message on tradingview but please understand that responses may be quite late. Special thanks to all of contributors of community. The script may be freely distributed under the MIT license.
Pine Script™ indicator
by sr_b
14
.srb suiteThe essential suite Indicator. that are well integrated to ensure visibility of essential items for trading. it is very cumbersome to put symbol in the Tradingview chart and combine essential individual indicators one by one. Moreover even with such a combination, the chart is messy and visibility is not good. This is because each indicator is not designed with the others in mind. This suite was developed as a composite-solution to that situation, and will make you happy. designed to work in the same pane with open-source indicator by default. Recommended visual order ; Back = .srb suite, Front = .srb suite vol & info individually turn on/off only what you need on the screen. BTC-agg. Volume 4 BTC-spot & 4 BTC-PERP volume aggregated. It might helps you don't miss out on important volume flows. Weighted to spot trading volume when using PERP+spot volume . If enabled, BTC-agg.Vol automatically applied when selecting BTC-pair. --> This is used in calculations involving volumes, such as VWAP. Moving Average 1 x JMA trend ribbon ; Accurately follow short-term trend changes. 3 x EMA ribbon ; zone , not the line. MA extension line ; It provide high visibility to recognize the direction of the MA. SPECIAL TOOLS VWAP with Standard Deviation Bands VWAP ruler BB regular (Dev. 2.0, 2.5) BB Extented (Dev. 2.5, 3.0, 3.5) Fixed Range Volume Profile ; steamlined one, performace tuned & update. SPECIAL TOOLS - Auto Fibonacci Retracement - New GUI 'built-in auto FBR ' has been re-born It shows - retracement Max top/ min bottom ; for higher visibility It shows - current retracement position ; for higher visibility The display of the Fib position that exceeds the regular range is auto-determined according to the price. tradingview | chart setting > Appearance > Top margin 0%, Bottom margin 0% for optimized screen usage tradingview | chart setting > Appearance > Right margin 57 .srb suite vol & info --> Visual Order > Bring to Front .srb suite vol & info --> Pin to scale > No scale (Full-screen) Visual order ; Back = .srb suite, Front = .srb suite vol & info 1. Fib.Retracement core is from tradingview built-in FBR ---> upgrade new-type GUI, and performance tuned. 2. Fixed-range volume-profile core is from the open-source one ---> some update & perf.tuned. --------------------------------------------------------------------------------------------------------------------------------------- if you have any questions freely contact to me by message on tradingview. but please understand that responses may be quite late. Special thanks to all of contributors of community. The script may be freely distributed under the MIT license.
Pine Script™ indicator
by sr_b
19
.srb suite vol & infoThe volume indicator what can replace the built-in volume indicator and It also has some useful features. and designed to work as overlay in the same pane with open-source indicator by default. Regular volume Indicator Volume SMA plot Large Volume ! emphasize by color & mark. Ultra Volume ! overlay marking ; x2 x4 x6 lager than regular average volume. it will help you can take the reversal BTC-agg. Volume 4 BTC-spot & 4 BTC-PERP volume aggregated. It might helps you don't miss out on important volume flows. Weighted to spot trading volume when using PERP+spot volume. If enabled, BTC-agg.Vol automatically applied when selecting BTC-pair. Information panel (optimized for crypto-currency) BTC-PERP price & delta (when Binance:BTCUSDT selected) BTC dominance, Binance:BTCUSDTPERP OI Symbol, Price, Daily up/down ATR14 (for checking current volatility) Recommended setup for .srb suite tradingview | chart setting > Appearance > Top margin 0%, Bottom margin 0% for optimized screen usage tradingview | chart setting > Appearance > Right margin 57 .srb suite vol & info --> Visual Order > Bring to Front .srb suite vol & info --> Pin to scale > No scale (Full-screen)
Pine Script™ indicator
by sr_b
10