In the scrypt above, the SMA of Volume is taken as a basis and the Fibonacci levels are calculated. This can be useful for analyzing the trend in accordance with changes in volume. Any feedback is appreciated! Good luck with your trading!
Based on the Elder's Force Index (EFI) , +/- of the EFI and its ema is used to describe the rise, fall or possible reversal of the market, and finally shown by bar color. The green bar represents a strong bull and the red bar represents a strong bear; The blue bar indicates that the downtrend is exhausted and may rise. Likewise the yellow bar. Of course, it is...
Easy visuals on, if volume is way over average. Good for Mean Reverting. Higher Volume tends to higher breakout chances. Please whisper me for for ideas how to make this better. Its a very simple script, but got some alpha. If you know how to improve, let me know and i will code it into.
Hi forks, I'm trader Baekdoosan who trading Equity from South Korea. This Baekdoo ANGN indicator plot volume when large volume trading happened. I made this indicator for Korea stock trading. I put bars for large amount of trading happened. Let's say 1% of their market cap, then we can regarded this as very big amount of trading is going on. But those function...
The indicator displays the levels of buyers and sellers based on the value of the indicator Levels are allocated only from bars with an indicator value greater than 20 (in the settings of the current indicator, it is called a "significant rating for a level") Индикатор отображает уровни покупателей и продавцов на основании значения индикатора Уровни выделяются...
█ OVERVIEW This tool analyzes the relative size of volume reported on intraday vs EOD (end of day) data feeds on historical bars. If you use volume data to make trading decisions, it can help you improve your understanding of its nature and quality, which is especially important if you trade on intraday timeframes. I often mention, when discussing volume...
The volume price trend indicator is used to determine the balance between a security’s demand and supply. The percentage change in the share price trend shows the relative supply or demand of a particular security, while volume indicates the force behind the trend. The VPT indicator is similar to the on-balance volume (OBV) indicator in that it measures cumulative...
A variation of a Volume Profile based on code originally by LuxAlgo. () The traditional bar chart is replaced with full-width bars that are brighter for high volume price levels. Like a traditional VP, its purpose is to visualize how volume corresponds to specific price levels, allowing you to get a quick idea of where the most activity is occurring, and where it...
Gm traders, i have been a python programmer for some years studying artificial intelligence for general purpose; after some time i finally decided to have a look at some finance related stuff and scripts. Moved by curiosity i've decided to make some but decisive modifications to a script i tried to use initially but without success: the LVQ machine learning...
This is experimental code trying to implement exponentially decreasing weights over time in a simple VWAP. Also i applied EMA rules when calculating the Standard Deviation Bands. The script produces results from 1 candle. There is an "log space" option to neutralize bands shifts when charting in log space - this gives the correct geometrically equal distances on...
///English This indicator contains many indicators that together can form different strategies, by default there is the Latin trading strategy with the points of the cipher by @Vumanchu indicator that actually these points appear when a lazy bear indicator gives the signal, the white shadow that It is seen by default is the MFI, this adaptation is the same as the...
English: Indicator for quickly identifying support and resistance levels. It is possible to use the parameter of the length of the upper and lower levels. The larger it is, the stronger the levels of the levels. The smaller it is, the less strong the levels are. It is possible to go back and turn off labels and lines. By default, the labels and lines are...
A handy little indicator to help identify different kinds of convergences/divergences The indicator compares price movements with the momentum and volume movements, Hidden divergences are left out, at least in the first version, because I wanted this indicator to be as simple as possible. The divergences are shown with labels, user can change the...
Made a stripped-down version of the script. Later it will be supplemented with other functions. In assembly: -4 EMA -The bull / bear area from the volume candlestick data. In the settings, you can change the size of the array and the amount of sampled data in it. p.s I cut all my scripts for convenient work for you. Stay tuned! Good luck.
Simple and straightforward indicator. Includes - volume for Ethereum and Bitcoin to US dollar . 7 exchanges are connected: -BINANCEUS:BTCUSD -FTX:BTCUSD -COINBASE:BTCUSD -KRAKEN:XBTUSD -GEMINI:BTCUSD -BITFINEX:BTCUSD -BITSTAMP:BTCUSD Additionally, the calculation of average indicators and the amount (bull / bear separately) for a certain length is built-in. If I...
// Equity Short Data Report Table: // Data Provider: Quandl => Finra (Nyse + Nasdaq + Bats exchanges) // I am not a financial advisor or expert. // This is my interpretation of FINRA's data. Consider this data doesn't represent the whole picture of what is going on! // If you find some fundementally wrong thinking about this aproach, please inform me. // I...
This is is Market Profile with TPO (the letters) on the current session. Due to pinescript limitations, we are limited to 500 TPOs, since this script uses 1 label per TPO. It is NOT volume profile, this is Time Profile (Time spent at a price).
Here’s an indicator that calculates the difference between the average distance we need to look back to find the up and down volume equal to the total volume of the last n bars. The further we need to look back to find the up or down volume, the more bearish or bullish its value is. A not-yet published indicator from the PS-V5 blog!