INVITE-ONLY SCRIPT

Real-Time Volume Flow

54
📊 Summary of the operation of the Indicator: Real-Time Volume Flow
🔹 Indicator name: Real-Time Volume Flow
🔹 Use for: Analyze real-time trading volume flow 💹
✅ Indicator operation principle
1️⃣ 🔄 Calculate Volume Flow according to Buy/Sell conditions
✅ Buy Volume: If the candlestick is up (Close > Open), it will increase the volume that occurs.
✅ Sell Volume: If the candlestick is down (Close < Open), it will increase the volume that occurs.
✅ Sum Volume: Sum all the volume that occurs.
✅ Top Volume: Record the highest Volume value.
2️⃣ 📌 Count the number of Ticks that occur.
✅ Use the countTick variable to store the number of candlesticks that are calculated.
3️⃣ 🎯 Calculate the Win Status.
✅ "BUY Win" - If the candlestick is up and the closing price is higher than the opening price.
✅ "SELL Win" - If the candlestick is down and the closing price is lower than the opening price.
✅ "No Win" - If there is no clear movement.
4️⃣ 🖥️ Display data on the chart in Label format (only the latest bar)
✅ Use label.new() to display data below or above the candlestick.
✅ Display values ​​such as
🧮 Count Tick: The number of candlesticks with Volume
📊 Sum Volume: The total volume of Volume
🔼 Buy Volume: Buy volume
🔽 Sell Volume: Sell volume
🔝 Top Volume: The highest volume recorded
✅ Win Status: Displays the result as "BUY Win" or "SELL Win"
5️⃣ 🔴🔵 Set the color of the Big Box according to the Win Status
✅ "SELL Win" → 🔴 (red)
✅ "BUY Win" → 🔵 (blue)
🛠️ Usage
✔️ Suitable for traders who want to analyze buying/selling power in real time
✔️ Use Top Volume data to see the point with the highest trading volume
✔️ Use it as a helper to confirm the market trend Combined with other indicators
📌 💡 Tips:
🔹 Should be used with short timeframes (e.g. 1 minute, 5 minutes) to see short-term price behavior
🔹 Can be used with Scalping or Day Trading strategies well 🏆
🔥 📌 Indicator's goal:
📊 Track real-time Volume trends
✅ Help traders see clearer buying-selling trends
🚀 Increase the chance of entering-exiting orders more accurately!
💰 Use this indicator to catch Volume trends and analyze the market like a pro! 🚀

This indicator works on
#crypto #forex #gold and all assets.

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.