This script colors bars whenever their volume has exceeded more than a standard deviation (or multiples of it) from a given amount of bars in the past. Volume is commonly used as confirmation for a break of a significant level, or as indicative of offside positions when a level fails to be defended. Conviction or Excess, depending on the context.
Yearly, Quarterly, Monthly or Weekly VWAP with Standard Deviation Envelope Previous Y/Q/M/W VWAP and Band are extended forward automatically* VWAP standard deviation envelope serves as a kind of Value Area, with the boundaries of the envelope acting as support and resistance. Previous envelops often show confluence with price action once price retests...
This is a simple script and is derived from OBV (On Balance Volume). While OBV will smoothen the data, Cumulative Volume will start at zero and add the trading volume on a bullish day and will subtract on a bearish day. This tool is great to spot divergences between price and volume. Enjoy! ;-)
Volume indicator that works like a normal Volume indicator with the following additional features: - Aggregates Volume across different exchanges and Market Types - *Original Aggregation Code By Crypt0rus* - Displays data by Market Type and combinations of Market Types (Spot, Futures , Perpetuals, Futures+Perpetuals & All Volume ) - Allows for the user to...
Description The Litigator is an indicator that encapsulates the value delivered by the Relative Strength Index, Ultimate Oscillator, Stochastic and Money Flow Index algorithms to produce signals enabling users to enter positions in ideal market conditions. The Litigator integrates the value delivered by the above four algorithms into one script. This indicator...
Hello! This script uses TradingView's *All Candlestick Patterns* indicator and includes a volume filter. The frequency of each candlestick pattern is recorded in addition to the subsequent session's outcome - higher or lower close. The requisite volume for the pattern is configurable; formations will not be distinguished when volume is less than the defined...
This indicator in modified OBV written by @LazyBear I just added the 2 different Bollinger Bands and 2 different moving averages to the OBV version of LazyBear. OBV line green -> OBV above zero OBV line red -> OBV under zero green background line -> OBV crossover 1st Moving Average red background line -> OBV crossunder 1st Moving Average blue '◆' -> OBV...
A candle chart that indicates congestion or resistance by the color of each candle. The transparency of each candle is based on volume density. Volume density is calculated as follows. Volume density = Volume / Price range Price range uses true range "max(high - low, abs(high - close ), abs(low - close ))". Since volume density varies drastically by stock or...
█ OVERVIEW This indicator displays a Rolling Volume-Weighted Average Price. Contrary to VWAP indicators which reset at the beginning of a new time segment, RVWAP calculates using a moving window defined by a time period (not a simple number of bars), so it never resets. █ CONCEPTS If you are not already familiar with VWAP, our Help Center will...
MOMENTUM + MONEY FLOW INDEX + RELATIVE STRENGTH INDEX WITH BULL & BEAR LABELS This is a combination of 3 popular indicators. Momentum(MOM), Money Flow Index(MFI) and Relative Strength Index(RSI) along with color changing labels that tell you each indicator's current trend. The middle white line shows the level that each indicator needs to stay above to be...
This indicator gives the ratio between the 24h volume on the spot instrument versus the perpetual contract on FTX.
Most of the times, F&O traders like to draw their own trendlines or mark other levels on the underlying instrument where volumes of the underlying is a key parameter. When such an instrument is a non-tradeable index, then one needs to switch to the futures chart for volumes. This script plots the volumes from futures on the underlying index so that traders don't...
Not entirely sure how accurate this is but enjoy :D
Custom swing fail detector with levels and breakouts both major and minor plus colored candles based on SFP momentum.
Firstly, seems to me this may only work with crypto but I know nothing about the other sectors so i could be wrong. I was trying to think up a good way to find moving coins(other than by volume bc theres holes in the results when using it this way). Thought this was an interesting concept so decided to publish it as I've seen no others like it (though i did not...
VWAP CLOUD FROM CLOSE, OPEN, HIGH & LOW SOURCES WITH CLOUD & PERCENTAGE GAP VWAP stands for volume weighted average price and shows the average price of buys/sells based on volume traded across the current session. This VWAP is based off of the Daily session. ***HOW TO USE*** Use the purple cloud between the VWAPs as your entry points as price will typically...
VOLUME PROFILE WITH BUY AND SELL PRESSURE LABEL This volume profile indicator shows volume traded for each bar and is colored according to the difference in buy and sell pressure(DMI). ***HOW TO USE*** If the bar and background is colored green, there is more market buying than selling on that bar. If the bar and background is colored red, there is more market...
MONEY FLOW INDEX WITH BULLISH AND BEARISH SIGNALS Money Flow Index shows whether money is coming into the market or going out of the market. This can be used to gauge market sentiment and whether people are buying or selling at the current price. ***HOW TO USE*** If the MFI line is green, it is above the 50 line and in a bullish trend. If the MFI line is red,...