OPEN-SOURCE SCRIPT
Hersheys Volume Pressure v2
Hersheys Volume Pressure gives you very nice confirmation of trend starts and stops using volume and price.
For up bars...
If you have a large price change with low volume , that's very bullish .
If you have a small price change with low volume , that's bullish .
For down bars...
If you have a large price change with low volume , that's very bearish .
If you have a small price change with low volume , that's bearish .
Look at the chart and you'll see how trends start and end with a PINCH and widen in the middle of the moves.
You can set the moving average period, 14 is the default.
Good trading!
Brian Hershey
v2 change log...
- issue with price gaps - gaps at the open were sometimes showing incorrect colors
- scaling issues - sometimes a change is so large it scales down all nearby data and renders it hard to view. Code was added to clip those huge values.
v3 what's coming next...
- better scaling - sometimes with thinly traded stocks there is too much clipping. For now increase the chart interval to correct.
For up bars...
If you have a large price change with low volume , that's very bullish .
If you have a small price change with low volume , that's bullish .
For down bars...
If you have a large price change with low volume , that's very bearish .
If you have a small price change with low volume , that's bearish .
Look at the chart and you'll see how trends start and end with a PINCH and widen in the middle of the moves.
You can set the moving average period, 14 is the default.
Good trading!
Brian Hershey
v2 change log...
- issue with price gaps - gaps at the open were sometimes showing incorrect colors
- scaling issues - sometimes a change is so large it scales down all nearby data and renders it hard to view. Code was added to clip those huge values.
v3 what's coming next...
- better scaling - sometimes with thinly traded stocks there is too much clipping. For now increase the chart interval to correct.
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.