TradingView
geneclash
2 sept. 2022 08:31

Sneaky Volume 

Bitcoin Perpetual FuturesFTX

Description

Sneaky Volume

An experimental script that marks the highest and lowest candle of the day with above average volume.

New candles that meet the criteria will repaint until daily close

How to use

They can be interpreted in a number of ways. Potential sign of consolidation, reversal, continuation or retest zones. Use on own discretion.

In action



Notes de version

Alerts added

Notes de version

Edited alert functions

Notes de version

Minor tweak
Commentaires
Tezza888
Hi Gene,
I really like this indicator of yours.
Is it possible to have the source code and let me work on it? Happy to share my ideas with you too.
Thank you Gene.
bchin415
My new favorite indicator. Is there a difference in settings between option 1 and 2?
geneclash
@bchin415, thanks. Option 1 takes into consideration ultra/extreme volume, and option 2 is above average volume. Both is better
bchin415
@geneclash, Thank you! I'd also love it if we could add conditions to alerts. I'm finding the most success with this when I wait for additional 2-4 candles to close so that it can form a swing high/low before entry. It currently notifies me of a candle with sneaky volume immediately on the close of that candle, but I find that it gets quickly invalidated/sends a lot of false alerts.
geneclash
@bchin415, Thanks. The indicator doesn't look for swing lows/highs, just candles with xtreme volume, and yes it will trail with alerts until highest or lowest is found. For the time being i need to keep the alert generic as different traders may have a different approach. I don't use the alerts, I only look at yesterday's or previous sneaky volume for future setups.
Ameypadalkar123
@geneclash, the indicator shows the volume right ?
trungbeodayahaha
Can you share the source code?
geneclash
@trungbeodayahaha, sorry this one protected
LDJP
Bro, I was literally just playing with this for the first time in a long while, and you updated it an hour later. WTF. Are you watching me!?
geneclash
@LDJP, some issues were reported so did an update, coincidence
Plus