TradingView
noizy_cat
26 mai 2022 02:44

Faust 

Bitcoin / TetherKuCoin

Description

Faust is a composite indicator that combines 3 volume indicators: TSV, OBV, and PVT.
TSV moving average is plotted as an oscillator. OBV and PVT are calculated internally.
Four divergences are calculated for each indicator (regular bearish, regular bullish, hidden bearish, and hidden bullish) with three look-back periods (high, mid, and small).
For TSV, the fattest plotted line is the divergence with the highest look-back period, and the thinnest line is the divergence with the shortest look-back period.
For PVT, the larger the circle, the higher the divergence look-back period.
For OBV, the larger the triangle, the higher the divergence look-back period.

Notes de version

Add CVD divs, fix colors.

Notes de version

Add TSV Oscillator Mode

Notes de version

  • Implemented a different method to draw divs for TSV to reduce the number of outputs on the chart and make space for the hidden div alerts.
  • Added alerts for hidden divs
  • Refactored inputs

Notes de version

Fix the source bug

Notes de version

Make hlc3 a default source
Commentaires
Checkmate007bull
Really underrated indicator
Good work bro 👍
TradeXetrem
Thank You Sir for your support
Bubba_Ray_Lemon
excited to test this out. the other TSVs on tradingview lack a certain robustness considering how much TSV relies on Divs for signals and they didn't justify space on my screen. Similar things can be said about OBV. But the fact you even incorporated different strengths to the Divs AND its essentially 3-in-1 Volume analysis is amazing. Kudos
Plus