OPEN-SOURCE SCRIPT
Volume accumulation [TCS] | VTA
Mis à jour
The indicator calculates buy and sell volume values for different look-back periods, based on the high, low, close, and tick volume data of the chart.
The calculated buy and sell volume values are stored in separate variables, which represent cumulative volume values over the respective look-back periods.
It's important to note that the code provided calculates the buy and sell volume values individually for each look-back period and after sum them.
It can be useful to understand who is in control of the market based on the look-back period.
For example if the price is decreasing but the volume in the past candle are bullish it means that the trend probably will turn.
Please note that this indicator is for educational purposes only and should not be used for trading without further testing and analysis.
The calculated buy and sell volume values are stored in separate variables, which represent cumulative volume values over the respective look-back periods.
It's important to note that the code provided calculates the buy and sell volume values individually for each look-back period and after sum them.
It can be useful to understand who is in control of the market based on the look-back period.
For example if the price is decreasing but the volume in the past candle are bullish it means that the trend probably will turn.
Please note that this indicator is for educational purposes only and should not be used for trading without further testing and analysis.
Notes de version
UPDATES• Improved the look-back period calculation - now max 100 bars back (previous 30)
• Added alert conditions when volume accumulation and and close vs look-back close are bullish or bearish
Script open-source
Dans le plus pur esprit TradingView, l'auteur de ce script l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par nos Règles. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.
Vous voulez utiliser ce script sur un graphique ?
For the access to premium indicators please contact me on tradingview
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.