LazyBear

Indicator: HawkEye Volume Indicator

HawkEye volume , developed by Nigel Hawks, is supposed to be a premier VSA indicator. Documentation on this is scarce (looks like the training seminars/sessions conducted by the parent company cover this in detail), if you come across any (other than what I have mentioned on that chart) do let me know.

I am not sure how much this resembles the commercial indicator out there as I don't have access to one (noticed the "clone" part? :) ). This is a direct port of a similar MT4 indicator. If you have access to the commercial indicator in another platform, do post some comparison results.

More info:
https://www.youtube.com/watch?v=qAJeH45v...
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//
// @author LazyBear
// If you use this code, in its original or modified form, do drop me a note. Thx. 
// 
study("HawkEye Volume Indicator [LazyBear]", shorttitle="HVI_LB")
length=input(200)
range=high-low
rangeAvg=sma(range,length)

volumeA=sma(volume, length)
divisor=input(3.6)

high1=high[1]
low1=low[1]
mid1=hl2[1]

u1 = mid1 + (high1-low1)/divisor
d1 = mid1 - (high1-low1)/divisor

r_enabled1 = (range > rangeAvg) and (close < d1) and volume > volumeA
r_enabled2 = close < mid1
r_enabled = r_enabled1 or r_enabled2

g_enabled1 = close > mid1
g_enabled2 = (range > rangeAvg) and (close > u1) and (volume > volumeA)
g_enabled3 = (high > high1) and (range < rangeAvg/1.5) and (volume < volumeA)
g_enabled4 = (low < low1) and (range < rangeAvg/1.5) and (volume > volumeA)
g_enabled = g_enabled1 or g_enabled2 or g_enabled3 or g_enabled4

gr_enabled1 = (range > rangeAvg) and (close > d1) and (close < u1) and (volume > volumeA) and (volume < volumeA*1.5) and (volume > volume[1])
gr_enabled2 = (range < rangeAvg/1.5) and (volume < volumeA/1.5)
gr_enabled3 = (close > d1) and (close < u1)
gr_enabled = gr_enabled1 or gr_enabled2 or gr_enabled3

v_color=gr_enabled ? gray : g_enabled ? green : r_enabled ? red : blue
plot(volume, style=histogram, color=v_color, linewidth=5)
List of my free indicators: http://bit.ly/1LQaPK8
List of my indicators at Appstore: http://blog.tradingview.com/?p=970

Commentaires

How do I add an ema on to it? When I write it in the code I just get a line
+5 Répondre
HI what is the divisor for? I have hawkeye on mt4 but this divisor makes it more accurate
+3 Répondre
I'm so glad you've added this... I wanted a clean volume indicator :)
+1 Répondre
Awesome stuff, thanks!
+1 Répondre
Hi Thanks for the indicator looks really good :)

I was wondering if a lot of people are still using this in 2018?
Répondre
@Onxy1, I am using it
Répondre
ren322 MONEYMENOW
@MONEYMENOW, works well on dailyTF bitcoin on bitfinex
Répondre
Hi Lazy! I got the Hawkeye volume module. But not the working mq4 files. Do You have it? My friend is also a coder.
If i got the real code He can code me to multi time frame. It is very useful and according with the Hawkeye method.
And how can i download indicators from you? You have great stuffs! Congratulation!
Z
Répondre
LazyBear creatives.dsd
Try searching in the publich scripts section. Press "Indicators" when in chartview and type the script name in the search box.

If you dont find the script there, but if you have a chart published with that indicator, use the following guide to import the indicator in to your chart.
https://drive.google.com/file/d/0Bx48Du_2aPFncUhIemNrZUY1dTA/edit?usp=sharing

This is the complete list of my indicators:

Many of these are not in the public scripts section yet.
Répondre
LazyBear LazyBear
MQ4 is not available at TV. It has its own language called "Pine" for coding indicators.
Répondre
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