Stochastic refers to a randomly determined process and financial markets use stochastic models to represent the seemingly random behaviour of assets and then used by quantitative analysts to value options on asset prices
The stochastic oscillator, developed by George Lane, presents the location of the closing price of a stock in relation to the high and low...
Welcoming everyone to a simple Indicator. I have used the volume of a stock to establish how commited the market for that particular ticker is when it comes to a direction.
The idea behind the indicator is how much of commitment there is towards a move.
*** This indicator is non directional*** ie., It just measures the commitment behind a move.
Why is it...
Example how to overlay the first lower timeframe bar of the day across the entire day. Set chart to a timeframe that is lower than 1 Day period. Also included option for coloring wick pressure of that bar.
NOTICE: This is an example script and not meant to be used as an actual strategy. By using this script or any portion thereof, you acknowledge that you have...
Buying and Selling Pressure Raw
Raw Buying and selling pressure Indicator. The Raw buying and selling indication is provided in terms of a Columns.
Green bars above zero show the buying pressure and the red bars below the zero line show the selling pressure.
This presents a good visual representation of the dominating pressure.
The MPI‴ or Money Pressure Index is a great indicator to measure the buy/sell money pressure over the asset once it allows you to have a better understanding and interpretation of its behavior once you are able to see it through an histrogram. Using its histogram, will allow you to have a gradual view of its force over the asset and the end of the line oscilation...
Still early phase.
Looks at volume pressure over the course of a bar and compares to the last x bars to see if sell or buy pressure is greater. Visualized as an indicator and barcolor.
Recommended length: 100
Volume Momentum‴ is a Volume Pressure indicator that allows you to have a better understanding and interpretation of its behavior once you are able to see it through an histrogram.
Notice that is histogram has intern bars that allows you to understand the forces of the pressure (positive or negative forces).
This indicator allows you to see the end of the...
If you think of a perfect doji candle, where the wicks on top and bottom are exactly the same, that's a candle with a delta of 0. What this indicator does is show the delta/difference between wicks, if the top wick is longer than the bottom wick it show's sell pressure/bear interest, which is displayed as a red bar and vice versa for buy/bull pressure, which is...
FORCE indicator calculates the pressure of buyer and seller in each candle based on volume, price, and shape. It outputs leading volume over that period and its relative strength.
This indicator is an interpolation of the demand index by James Sibbet. Thomas Aspray, an experienced trader, suggests using DI in three formats, one of those was to plot the buying pressure (BP) and selling pressure (SP) as separate lines; which is what this indicator was designed to do. The green line represents the buying pressure and red line represents the...
Cheers everyone. I've decided to share my Buy and Sell Pressure volume indicator with you all. It has issues with scaling the volume chart onto your graph so you will have to manually scale it. There is also an issue that bugs me with the volume bars not being scaled to the very bottom of the Price Data Window. If you know ways to fix this or ways upon improving...
This indicator helps determine the exit point of a play. Lots of green candles making you money? Got one red candle and now you're worried if this is the top? Check this indicator! A red arrow helps confirm that bearish pressure is rising while bull pressure is declining, and this may be your chance to exit. Works the opposite way for short plays, giving a...
BUY & SELL PRESSURE by Regression Analysis at candle price/volume (Rate-Of-Change)
Ver. 3 By Ricardo M Arjona @XeL_Arjona
DISCLAIMER:
The Following indicator/code IS NOT intended to be a formal investment advice or recommendation by the author, nor should be construed as such. Users will be fully responsible by their use regarding their own trading...
BUY & SELL PRICE TO VOLUME PRESSURE
By Ricardo M Arjona @XeL_Arjona
DISCLAIMER:
The Following indicator/code IS NOT intended to be a formal investment advice or recommendation by the author, nor should be construed as such. Users will be fully responsible by their use regarding their own trading vehicles/assets.
The embedded code and ideas within this...
BUY & SELL PRICE TO VOLUME PRESSURE
By Ricardo M Arjona @XeL_Arjona
DISCLAIMER:
The Following indicator/code IS NOT intended to be a formal investment advice or recommendation by the author, nor should be construed as such. Users will be fully responsible by their use regarding their own trading vehicles/assets.
The embedded code and ideas within this...
