This is a script that can be used as a strategy or a standalone indicator. The Volume-Weighted Supertrend is a supertrend based on a rolling VWAP, instead of a normal price source. The strategy has two components - a supertrend based off of this VWAP (shown on the chart) and a supertrend from volume itself (not plotted on the chart directly). The supertrend from...
A trigger program to print volume triggers on stocks that are being watched. It helps with identifying the trigger volume on a candle and helps determine whether one can enter a position or not.
🧾 Description: This indicator calculates evolving value areas across 3 different timeframes/periods and combines them into one composite, multi-timeframe evolving value area - with each of the underlying timeframes' VAs assigned their own weighting/importance in the final calculation. Layered with extra smoothing options, this creates an informative and useful...
Hello Guys. I'm very very happy to release a new indicator after a really long time The reason I created this indicator is, we often forget the importance of volume. Volume is a signal of the start of a strong trend, and a very good example of how long a trend can continue. Why do we forget the importance of trading volume? Right, because we use a timeframe...
This indicator is an enhanced version of the Anchored VWAP indicator with additional functions: 1. Anchored AP (average price). It removes the volume weighting step in Anchored VWAP, and can display the average price over a period of time. For example, if the price of the stock in the last 3 days is 100, 200, 300, then AP is their average value of 200 2. Anchored...
If you use volume in your crypto analysis, you may have encountered the situation which an exchange's policy change can affect your judgement falsely. For example, you can see the huge difference of volume on the given chart since binance transferred its fee discount from USDT to TUSD pair. This script sums up volume of all major centralized exchanges ( according...
OVERVIEW This script plots, and auto-updates, 3 separate VWAPs: a traditional VWAP, a VWAP anchored to a trends high, and another anchored to a trends low. VWAP and Anchored VWAPs are commonly used by institutions responsible for the majority of market volume on a given day. Citadel Trading, for example, accounts for approximately 35% of all U.S. listed retail...
Hi Traders The script : The Time sessions script plots the trading sessions of both New York and London markets (background fills), In addition to the above the script also plots a user defined trading session period (vertical lines). All plots may be toggled true or false inorder to ensure you can focus on the respective market / markets / custom session....
Title: Identifying Volume Spikes, Price Movements and Gap Ups: A TradingView Script Introduction: In the world of trading, identifying volume spikes and price movements can provide valuable insights into market trends and potential trading opportunities. In this article, we'll explore a TradingView script that helps traders visualize volume spikes, price up...
Another helpful indicator is here! VOLD Ratio is calculated by the net volume of a buying candle, divided by the net volume of a sell candle. Formula: buying net volume/selling net volume It's a simple indicator, but don't underestimate this simplicity. It's a powerful indicator that would help you to decide whether the volume is getting interested in the...
This script displays the percentage of movement of all candles on the chart, as well as identifying abnormal movements to which you can attach alerts. An abnormal movement is considered a rise or fall that exceeds the parameter set in the settings (by default, 1% per 1 bar). Added a function to display the volume on abnormal candlesticks.
A simple indicator that attempts to identify displacement in price by alerting you when two simultaneous Fair Value Gaps (FVGs) occur. When two fair value gaps occur, the indicator will print a green bar (if bullish) or a red bar (if bearish). If you right click on the indicator you can turn on alerts that will pop up every time a dual FVG occurs. Fair Value...
The RSI-MFI Machine Learning Indicator is a technical analysis tool that combines the Relative Strength Index (RSI) and Money Flow Index (MFI) indicators with the Manhattan distance metric. It aims to provide insights into potential trade setups by leveraging machine learning principles and calculating distances between current and historical data points. ...
This indicator is designed to help traders gauge changes in volume dynamics and identify potential shifts in buying or selling pressure. By normalizing the volume rate of change and comparing it to moving averages of itself, it offers valuable insights into market trends and can assist in making informed trading decisions. Calculation: The indicator calculates...
This script is calculate volume weighted % change difference between up days and down days. up days consider when price closed above (high+low+close)/3 down days consider when price closed below (high+low+close)/3 then this cumulative difference % is displayed using histogram with 2 ema. this script is not provide the any trading signal but its help you to...
This script consists of several sections. test it and tell me your concerns. a lot of more works will be done Volume Accumulation : The first part of the script checks for a new 5-minute interval and accumulates the volume of the current interval. It separates the volume into buying volume and selling volume based on whether the closing price is closer to the...
Use this code to stop support and resistance This can be used with the momentum indicators that I have to see if we are likely to breakout or get rejected Indicator Settings: The indicator is titled "Support/Resistance | Breaks & Bounces" and is set to overlay on the price chart. max_lines_count is set to 500, indicating the maximum number of support/resistance...
A stochastic version of my momentum channel volume filter The "Stochastic Momentum" indicator combines the concepts of Stochastic and Bollinger Bands to provide insights into price momentum and potential trend reversals. It can be used to identify overbought and oversold conditions, as well as potential bullish and bearish signals. The indicator calculates a...