Volume Delta Imbalance Index [PhenLabs]📊 Volume Delta Imbalance Index (VDII)
Version: PineScript™ v6
Description
The Volume Delta Imbalance Index is an advanced technical analysis tool that combines volume profile analysis with price movement dynamics to identify significant market imbalances. It features a sophisticated analysis system that weighs recent versus historical volume delta imbalance patterns, providing traders with insights into potential market reversals and trend continuation scenarios.
Points of Innovation:
Custom volume delta calculation incorporating price and volume relationships
Adaptive smoothing system based on market volatility
Multi-component analysis combining flow, acceleration, and strength metrics
Real-time volume profile integration with historical context
🔧 Core Components
Volume Profile Analysis: Dynamic volume delta imbalance distribution assessment
Flow Imbalance Detection: Buy/sell pressure evaluation
Strength Analysis: Composite market strength measurement
Acceleration Framework: Volume movement dynamics
Statistical Bands: Adaptive threshold system
🚨 Key Features 🚨
The indicator provides comprehensive analysis through:
Volume Delta: Up to date volume imbalance measurement
Market Structure: Support/resistance level identification
Flow Analysis: Buy/sell pressure visualization
Acceleration Signals: Movement momentum detection
Adaptive Bands: Dynamic overbought/oversold levels
📈 Visualization
Color-coded Columns: Shows direction and strength of imbalance
Signal Lines: Strong buy/sell level indicators
Statistical Bands: Shows normal trading ranges
Gradient Fills: Indicates extreme market conditions
Dynamic Opacity: Reflects trend strength
📌 Usage Guidelines
The indicator offers several customization options:
Basic Settings:
Lookback Period: Analysis timeframe adjustment
Sensitivity Level: Signal response calibration
History Depth: Historical context range
Memory Setting: Recent vs. historical data weight
Visual Settings:
Color Scheme: Bullish/bearish signal colors
Signal Levels: Strong buy/sell thresholds
Band Display: Statistical range visualization
✅ Best Use Cases / Things To Look For:
Wait for establishment in the initial trend when the VDII comes back towards zero and the color of the volume becomes more faint
Once this is established and the VDII pushes through to the other side look for small retracements above the zero line on the VDII leading you to believe it is a likely area for price to retrace and continue in its prior direction
Make sure you see the volume bars become more faint in color to give yo further confluence price will continue in its priorly established direction
⚠️ Limitations
Requires sufficient volume data
Most effective in liquid markets
Historical depth affects calculation speed
Possible lag in highly volatile conditions
What Makes This Unique
Composite Volume Analysis: Combines multiple volume metrics
Adaptive Calculation: Adjusts to market volatility
Profile Integration: Incorporates volume profile analysis
Multi-component Scoring: Weighted analysis system
Memory-efficient Design: Optimized for real-time analysis
🔧 How It Works
The indicator processes market data through four main components:
1. Volume Profile Analysis:
Creates dynamic volume delta distribution profiles
Weights recent versus historical data
Identifies significant price levels
2. Flow Imbalance Detection:
Analyzes buying versus selling pressure
Calculates normalized flow ratios
Determines market bias
3. Strength Analysis:
Measures composite market strength
Incorporates volume-weighted movements
Provides trend strength indication
4. Final Score Calculation:
Combines all components with weighted importance
Applies volatility-based smoothing
Generates final signal output
5. VDII Potential Reversal Confluences
Bars between signal confluence is default set to 10 but you can change it to whatever you’d prefer
Signals are a compiled look at the indicator as a whole determining where it think reversals or retracements are likely
💡 Note:
The indicator performs best in markets with consistent volume and clear trending or ranging conditions. Its sophisticated volume analysis provides valuable insights into market dynamics beyond traditional price-based indicators.
X-volume
RG - Volume Spike DetectorRG - Volume Spike Detector is a comprehensive volume analysis tool designed to help traders identify significant volume activity across different tickers on TradingView. This indicator not only detects overall volume spikes and percentage changes but also approximates and analyzes buying and selling volume separately, providing valuable insights into market dynamics. With customizable parameters, visual cues, and built-in alerts, it's suitable for traders of all levels looking to monitor volume-based market movements.
Features
Volume Spike Detection:
Identifies when total volume exceeds a user-defined multiple of its moving average (default: 2x).
Separate detection for buying and selling volume spikes based on their respective moving averages.
Volume Change Analysis:
Calculates and displays the percentage change in total volume from the previous bar.
Highlights significant increases (>50%) or decreases (<-50%) with alert options.
Buy/Sell Volume Approximation:
Estimates buying and selling volume using price movement and range:
Up bars: Buying volume ≈ volume * (close - low)/(high - low)
Down bars: Selling volume ≈ volume * (close - low)/(high - low)
Handles edge cases (e.g., high = low) to ensure accurate calculations.
Ideal For
Day traders monitoring sudden volume surges
Swing traders analyzing volume trends
Market analysts studying buying vs. selling pressure
This indicator empowers traders with a robust tool to track volume dynamics, offering both visual clarity and actionable alerts for informed decision-making.
Volatility-Volume Index (VVI)Volatility-Volume Index (VVI) – Indicator Description
The Volatility-Volume Index (VVI) is a custom trading indicator designed to identify market consolidation and anticipate breakouts by combining volatility (ATR) and trading volume into a single metric.
How It Works
Measures Volatility : Uses a 14-period Average True Range (ATR) to gauge price movement intensity.
Tracks Volume : Monitors trading activity to identify accumulation or distribution phases.
Normalization : ATR and volume are normalized using their respective 20-period Simple Moving Averages (SMA) for a balanced comparison.
Interpretation
VVI < 1: Low volatility and volume → Consolidation phase (range-bound market).
VVI > 1: Increased volatility and/or volume → Potential breakout or trend continuation.
How to Use VVI
Detect Consolidation:
Look for extended periods where VVI remains below 1.
Confirm with sideways price movement in a narrow range.
Anticipate Breakouts:
A spike above 1 signals a possible trend shift or breakout.
Why Use VVI?
Unlike traditional volatility indicators (ATR, Bollinger Bands) or volume-based tools (VWAP), VVI combines both elements to provide a clearer picture of consolidation zones and breakout potential.
SUPER Indicator
SUPER Indicator Breakdown
SUPER Indicator combines multiple trend and momentum indicators to generate buy/sell signals, trend zones, stop-loss suggestions, and volume confirmations. Here’s how it works:
1️⃣ Core Components
The script is designed for trend-following and breakout strategies, utilizing:
• Moving Averages:
• Fast EMA (9) → Captures short-term trends.
• Slow EMA (21) → Identifies broader trends.
• VWAP → Acts as an institutional price benchmark.
• Momentum Indicators:
• MACD Line → Difference between the 12 EMA & 26 EMA (trend momentum).
• RSI (14) → Identifies overbought (>50) or oversold (<50) conditions.
• Volume Analysis:
• Uses Simple Moving Average (SMA) on volume to confirm breakout moves.
2️⃣ Buy & Sell Conditions
The indicator generates buy and sell signals based on:
✅ Buy Condition (Bullish Setup)
• Fast EMA crosses above Slow EMA.
• MACD Line is positive (uptrend momentum).
• RSI is above 50 (bullish sentiment).
❌ Sell Condition (Bearish Setup)
• Fast EMA crosses below Slow EMA.
• MACD Line is negative (downtrend momentum).
• RSI is below 50 (bearish sentiment).
Visualization:
• Green Buy Markers → Appear above candles.
• Red Sell Markers → Appear below candles.
3️⃣ Stop-Loss & Target Levels
To help manage trades, the script automatically calculates ATR-based stop-loss levels:
• Long Stop → Close - (ATR * ATR Multiplier)
• Short Stop → Close + (ATR * ATR Multiplier)
• Profit Target → Close + (ATR * ATR Multiplier * 1.5)
ATR helps adjust stops dynamically based on market volatility.
Visualization:
• Gray Lines → ATR-based stop-losses.
• Green Line → Suggested profit target.
4️⃣ Trend Strength Zones
The script highlights background colors to indicate trend strength:
• Green Zone → Strong uptrend.
• Red Zone → Strong downtrend.
• No Highlight → Neutral market conditions.
5️⃣ Volume Confirmation
The script confirms validity of buy/sell signals using volume:
• Bar Color Turns Green → If trend is bullish & volume > 20 SMA.
• Bar Color Turns Red → If trend is bearish & volume > 20 SMA.
This ensures higher-probability signals by confirming breakout volume.
✅ Pros:
• Dynamic trend detection and momentum filtering.
• ATR-based risk management (adaptive stops/targets).
• Uses volume confirmation to avoid false breakouts.
• Simple yet powerful → Works for day & swing trading.
Ichimoku Oscillator with VSA📌 Explicação do Indicador – Ichimoku Oscillator com VSA e Backtest
🌍 Português 🇧🇷
📌 Introdução
O Ichimoku Oscillator com Volume Spread Analysis (VSA) e Backtest é um indicador avançado que combina diversas estratégias para identificar tendências, reversões e zonas de sobrecompra/sobrevenda com base em Ichimoku Kinko Hyo, Análise de Volume (VSA) e Divergências. Além disso, este indicador inclui uma funcionalidade de backtest, permitindo avaliar a eficiência das estratégias.
🔍 Teorias por trás do Indicador
✅ 1. Ichimoku Oscillator
O oscilador mede a diferença entre o preço e a Nuvem de Ichimoku, ajudando a entender a força da tendência.
O oscilador é normalizado (0 a 100) para permitir uma leitura clara, semelhante a um RSI.
📊 Faixas Importantes:
Sobrecompra (>80) – Possível reversão para baixa.
Sobrevenda (<20) – Possível reversão para alta.
Linha Média (50) – Representa o equilíbrio da tendência.
✅ 2. Análise de Volume Spread Analysis (VSA)
O VSA ajuda a identificar picos de volume e movimentos institucionais:
🟢 Selling Climax (Alto volume + tendência de baixa) → Sinal de Compra.
🔴 Buying Climax (Alto volume + tendência de alta) → Sinal de Venda.
🟣 Liquidação Institucional (Volume extremamente alto) → Reversão do Sinal.
Se houver um spike de volume acima do limite, os sinais podem ser invertidos para capturar possíveis manipulações de mercado.
✅ 3. Divergências (Bullish & Bearish)
As divergências indicam fraqueza na tendência e possíveis reversões:
🟢 Divergência Bullish: O preço faz um fundo menor, mas o oscilador faz um fundo maior → Indica compra.
🔴 Divergência Bearish: O preço faz um topo maior, mas o oscilador faz um topo menor → Indica venda.
O indicador desenha automaticamente as linhas das divergências no gráfico.
✅ 4. Canais do Oscilador
O oscilador usa um canal estatístico para identificar topos e fundos.
Quando o oscilador toca a banda superior, isso pode indicar um topo de mercado.
Quando toca a banda inferior, pode indicar um fundo de mercado.
🎯 Sinais de Entrada e Saída
🟢 Sinais de Compra
✔️ Cruzamento do oscilador acima de 50 (tendência de alta) com volume elevado.
✔️ Divergência bullish detectada.
✔️ VSA identificando liquidação institucional (Selling Climax).
🔴 Sinais de Venda
✔️ Cruzamento do oscilador abaixo de 50 (tendência de baixa) com volume elevado.
✔️ Divergência bearish detectada.
✔️ VSA identificando liquidação institucional (Buying Climax).
📊 Backtest Integrado
Este indicador permite testar estratégias automaticamente no passado:
✅ Configuração de Take Profit (TP) e Stop Loss (SL).
✅ Modo de backtest: Apenas Compras, Apenas Vendas ou Ambos.
✅ Estatísticas detalhadas: Win Rate, Lucro Médio, Perda Média, Saldo Final.
🟢 Relatório de backtest gerado automaticamente na tela.
⚠️ Isenção de Responsabilidade
Este indicador foi desenvolvido para fins educacionais e não constitui conselho financeiro. O uso deste indicador em operações reais é de total responsabilidade do usuário. O trading envolve riscos e pode resultar em perdas financeiras.
🌍 English 🇺🇸
📌 Introduction
The Ichimoku Oscillator with Volume Spread Analysis (VSA) & Backtest is an advanced indicator that integrates Ichimoku Kinko Hyo, Volume Analysis (VSA), and Divergences to identify trends, reversals, and overbought/oversold zones. Additionally, this indicator includes backtesting functionality to evaluate strategy effectiveness.
🔍 Theories Behind the Indicator
✅ 1. Ichimoku Oscillator
The oscillator measures the difference between price and the Ichimoku Cloud, helping to understand trend strength.
The oscillator is normalized (0 to 100) for clear readings, similar to RSI.
📊 Key Levels:
Overbought (>80) – Possible bearish reversal.
Oversold (<20) – Possible bullish reversal.
Mid Line (50) – Represents trend equilibrium.
✅ 2. Volume Spread Analysis (VSA)
VSA helps identify volume spikes and institutional moves:
🟢 Selling Climax (High volume + bearish trend) → Buy Signal.
🔴 Buying Climax (High volume + bullish trend) → Sell Signal.
🟣 Institutional Liquidation (Extremely high volume) → Signal Reversal.
If a volume spike surpasses the threshold, signals may be reversed to capture market manipulation.
✅ 3. Divergences (Bullish & Bearish)
Divergences indicate trend weakness and potential reversals:
🟢 Bullish Divergence: Price makes a lower low, but the oscillator makes a higher low → Buy Signal.
🔴 Bearish Divergence: Price makes a higher high, but the oscillator makes a lower high → Sell Signal.
The indicator automatically draws divergence lines on the chart.
✅ 4. Oscillator Channels
The oscillator uses a statistical channel to identify tops and bottoms.
If the oscillator touches the upper band, it may indicate a market top.
If it touches the lower band, it may indicate a market bottom.
🎯 Entry & Exit Signals
🟢 Buy Signals
✔️ Oscillator crosses above 50 (bullish trend) with high volume.
✔️ Bullish divergence detected.
✔️ VSA identifies institutional liquidation (Selling Climax).
🔴 Sell Signals
✔️ Oscillator crosses below 50 (bearish trend) with high volume.
✔️ Bearish divergence detected.
✔️ VSA identifies institutional liquidation (Buying Climax).
📊 Integrated Backtest
This indicator allows users to automatically backtest strategies in historical data:
✅ Configurable Take Profit (TP) and Stop Loss (SL).
✅ Backtest mode: Buy Only, Sell Only, or Both.
✅ Detailed statistics: Win Rate, Average Profit, Average Loss, Final Balance.
🟢 A full backtest report is automatically generated on the screen.
⚠️ Disclaimer
This indicator is designed for educational purposes only and does not constitute financial advice. The use of this indicator in real trading is solely the user’s responsibility. Trading involves risk and may result in financial losses.
24h volumeVOlume indicator of volume within the previous 24hrs, shows whether a coin is losing or gaining volume in sells/longs
SIOVERSE EMA 15 with Buy/Sell Signals, Support & ResistanceThis Pine Script indicator is designed for TradingView and combines Exponential Moving Averages (EMAs), support and resistance levels, buy/sell signals, and volume percentage labels filtered by buy/sell conditions. It is a comprehensive tool for traders who want to analyze price trends, identify key levels, and make informed decisions based on volume and EMA crossovers.
Key Features of the Indicator
EMA 15 (Purple Dashed Line):
A 15-period Exponential Moving Average (EMA) is plotted on the chart as a dashed purple line.
This EMA helps traders identify short-term trends and potential entry/exit points.
Hidden EMA 21 and EMA 34:
The 21-period and 34-period EMAs are calculated but not displayed on the chart.
These EMAs are used to generate buy and sell signals based on crossovers.
Buy/Sell Signals:
Buy Signal: Occurs when the EMA 21 crosses above the EMA 34. A green "BUY" label is displayed below the candle.
Sell Signal: Occurs when the EMA 21 crosses below the EMA 34. A red "SELL" label is displayed above the candle.
These signals help traders identify potential trend reversals or continuations.
Support and Resistance Levels:
Support: The lowest price level over the last lookback_period candles, plotted as a green dashed horizontal line.
Resistance: The highest price level over the last lookback_period candles, plotted as a red dashed horizontal line.
These levels help traders identify key price zones for potential breakouts or reversals.
Volume Percentage Labels (Filtered by Buy/Sell Signals):
The volume percentage is calculated relative to the average volume over the last volume_lookback candles.
Buy Volume Label: When a buy signal occurs, a green label is displayed above the candle with the text "Buy Vol: X.XX%", where X.XX is the volume percentage.
Sell Volume Label: When a sell signal occurs, a red label is displayed below the candle with the text "Sell Vol: X.XX%", where X.XX is the volume percentage.
These labels help traders assess the strength of the buy/sell signals based on volume.
Alerts:
Alerts are triggered when buy or sell signals occur, notifying traders of potential trading opportunities.
Valorous VolumesIndicator to mark the significant Volumes:
HVE: Checks if the current volume sets a new overall record.
HVY: Checks if the current volume equals the highest volume over the past one year.
HVQ: Checks if the current volume equals the highest volume over the past three months.
Zanger Volume Ratio (ZVR)Zanger Volume Ratio (ZVR)
Credits:
Most of the underlying code and logic in this script have been adapted from the work originally published by The_Peaceful_Lizard
Overview
The Zanger Volume Ratio (ZVR) is a powerful indicator designed to reveal market dynamics by comparing current cumulative volume to an average determined over a historical look-back period. It uses the concept of relative volume to not only highlight unusual volume spikes, but also uses color to illustrate how today's trading compares to typical levels. This unique method of volume analysis was popularized by Dan Zanger - a trader known for turning $10,775 into $18,000,000 in less than two years - by identifying key shifts in market interest and volume behavior.
Key Features
Volume Pacing Analysis:
The script calculates a volume delta by comparing the cumulative volume at any given moment to an average derived over a user-defined lookback period (Default 20-day). The resulting percentage difference offers a clear visualization and insight into unusual volume activity.
Dynamic Visual Representation:
Choose between either “Columns” or “Area” plot styles to display the percent difference. Additionally, you have the option to switch between a standard plot or a background color display, with customizable transparency, ensuring the indicator fits seamlessly with your chart’s aesthetics.
Dashboard Integration:
A simple dashboard table is displayed on the chart, showcasing the current ZVR value in real-time. With user-configurable position, text size, alignment, and color options, this feature ensures that the key metric is always visible and easy to interpret.
Why Use the Zanger Volume Ratio?
The ZVR is more than just a volume indicator. It acts as a window into market sentiment by highlighting days when trading interest intensifies. Many traders believe that an unusually high volume ratio may confirm trend strength or signal a reversal, making the indicator a valuable tool when used in conjunction with other technical analysis methods.
Whether you’re monitoring stocks, commodities, or forex markets, the Zanger Volume Ratio offers an accessible yet sophisticated method to decode volume dynamics. Its practical design and real-time visual feedback provide traders of all experience levels with critical data to spot high-potential setups.
Chart Description
First Pane: normal Volume Indicator on the foreground, ZVR as Background colors
Second Pane: ZVR Indicator with Column Style (default)
First panel: normal volume indicator in foreground, ZVR as background colors
Second panel: ZVR indicator with column style (default)
Note: This indicator is intended for use on intraday charts only!
Liquidity ZonesLiquidity Zones Indicator
The Liquidity Zones indicator is a custom Pine Script™ tool designed to identify significant price levels where high trading volume has occurred. These zones often act as support or resistance levels, providing valuable insights for traders.
Key Features:
Window Size: The number of bars to consider for calculating the moving averages and identifying peaks.
Tolerance: The allowable percentage difference to consider peaks as unique.
Number of Peaks: The maximum number of significant peaks to identify.
Minimum Volume: The minimum volume threshold relative to the average volume to consider a peak.
Minimum Range: The minimum price range to consider a peak.
How It Works:
Input Parameters: The user can customize the window size, tolerance, number of peaks, minimum volume, and minimum range.
Moving Averages: The script calculates the simple moving average (SMA) of the volume and closing prices over the specified window.
Peak Identification:
For each bar, the script identifies the bar with the highest volume within the window.
It checks if the volume exceeds the minimum volume threshold.
It determines the peak price based on whether the bar closed higher or lower than it opened.
It ensures the price range of the bar exceeds the minimum range.
It checks if the peak is above the SMA of the closing prices.
It verifies the peak is unique within the specified tolerance.
Plotting Peaks: The identified peaks are plotted on the chart with lines and labels, color-coded based on whether the bar closed higher (green) or lower (red).
This indicator helps traders visualize key liquidity zones, aiding in making informed trading decisions.
Volume Zones Internal Visualizer [LuxAlgo]The Volume Zones Internal Visualizer is an alternate candle type intended to reveal lower timeframe volume activity while on a higher timeframe chart.
It displays the candle's range, the highest and lowest zones of accumulated volume throughout the candle, and the Lower Timeframe (LTF) candle close, which contained the most volume in the session (Candle Session).
🔶 USAGE
The indicator is intended to be used as its own independent candle type. It is not a replacement for traditional candlesticks; however, it is recommended that you hide the chart's display when using this indicator. Another option is to display this indicator in an additional pane alongside the normal chart, as displayed above.
The display consists of candle ranges represented by outlined boxes, within the ranges you will notice a transparent-colored zone, a solid-colored zone, and a line.
Each of these displays different points of volume-related information from an analysis of LTF data.
In addition to this analysis, the indicator also locates the LTF candle with the highest volume, and displays its close represented by the line. This line is considered as the "Peak Activity Level" (PAL), since throughout the (HTF) candle session, this candle's close is the outcome of the most volume transacted at the time.
We are further tracking these PALs by continuing to extend them into the future, looking towards them for potential further interaction. Once a PAL is crossed, we are removing it from display as it has been mitigated.
🔶 DETAILS
The indicator aggregates the volume data from each LTF candle and creates a volume profile from it; the number of rows in the profile is determined by the "Row Size" setting.
With this profile, it locates and displays the highest (solid area) and lowest (transparent area) volume zones from the profile created.
🔶 SETTINGS
Row Size: Sets the number of rows used for the calculation of the volume profile based on LTF data.
Intrabar Timeframe: Sets the Lower Timeframe to use for calculations.
Show Last Unmitigated PALs: Choose how many Unmitigated PALs to extend.
Style: Toggle on and off features, as well as adjust colors for each.
Modified Volume IndicatorThis indicator colors volume bars based on price and range conditions for a given period:
Green Bars:
The close is at least 70% of the way up the daily range (from the low).
The close is also 1% or more above the low.
Red Bars:
The close is at least 70% of the way down the daily range (from the high).
The close is also 1% or more below the high.
Gray Bars:
Volume bars that don’t meet the above conditions are neutral.
Purpose
Green Bars highlight strong upward closes.
Red Bars indicate weak downward closes.
Gray Bars show neutral or inconclusive price movement.
This indicator helps traders identify momentum shifts and trend strength in real-time.
Advanced Order Blocks with VolumeAdvanced Order Blocks with Volume Indicator
This professional-grade indicator combines order block detection with sophisticated volume analysis to identify high-probability trading opportunities. It automatically detects and displays bullish and bearish order blocks formed during consolidation periods, enhanced by three distinct volume calculation methods (Simple, Relative, and Weighted).
Key Features:
- Smart consolidation detection with customizable thresholds
- Volume-filtered order blocks to avoid false signals
- Automatic order block mitigation tracking
- Clear visual presentation with volume metrics
- Flexible customization options for colors and parameters
Settings:
Core Parameters:
- Consolidation Threshold %: Sets the maximum price range (0.1-1.0%) for detecting consolidation zones
- Lookback Period: Number of bars (2-10) to analyze for consolidation patterns
Volume Analysis:
- Volume Calculation Method: Choose between Simple (basic average), Relative (compared to average), or Weighted (prioritized recent volume)
- Volume Lookback Period: Historical bars (5-100) used for volume analysis
- Volume Threshold Multiplier: Minimum volume requirement (1.0-5.0x) for valid order blocks
Visual Settings:
- Bullish/Bearish OB Color: Background colors for order blocks
- Bullish/Bearish OB Text Color: Colors for volume information display
Perfect for traders focusing on institutional price levels and volume-based trading strategies. The indicator helps identify potential reversal zones with strong institutional interest, validated by significant volume conditions.
Whale Activity Impact OscillatorThe "Whale Activity Impact Oscillator" is a Pine Script v6 component designed to identify abnormal price movements caused by potential whale activity in the crypto market.
Here's how it works:
Inputs: The script allows users to configure the volume spike multiplier, price spike multiplier, lookback period, minimum volume threshold, and thresholds for strong buy and sell signals.
Data Calculations: It calculates the average volume and average percentage price change over the specified lookback period.
Whale Detection Logic: The script detects a volume spike if the current volume exceeds the average volume by the specified multiplier. It detects a price spike if the percentage price change exceeds the average by the specified multiplier.
Signals: A buy signal is generated when both a volume spike and a price increase are detected. A sell signal is generated when both a volume spike and a price decrease are detected.
Output: The oscillator is displayed as a histogram below the price chart. Green bars indicate buy signals, red bars indicate sell signals, and gray bars indicate normal activity. The height of the bars is proportional to the magnitude of the price change.
Alerts: The script includes alerts for whale buying and selling detected signals.
Edge Cases: The script avoids false signals in low-liquidity environments by setting a minimum volume threshold and filtering out signals during low market activity.
This component can be added to a TradingView chart to help traders identify potential whale activity and make informed trading decisions.
TVMC - Composite Indicator with Technical RatingsDescription:
The TVMC (Trend, Volume, Momentum, Composite) indicator is a powerful multi-component tool designed to provide traders with a comprehensive understanding of market conditions. By combining four essential technical analysis components—trend, momentum, volume, and volatility—this indicator offers clear and actionable insights to assist in decision-making.
Key Features:
1. Trend Component (TC):
* Based on MACD (Moving Average Convergence Divergence), this component analyzes the relationship between two exponential moving averages (fast and slow) to determine the prevailing market trend.
* The MACD signal is normalized to a range of -1 to +1 for consistency and clarity.
2. Momentum Component (MC):
* Utilizes RSI (Relative Strength Index) to measure the strength and speed of price movements.
* This component highlights overbought or oversold conditions, which may indicate potential market reversals.
3. Volume Confirmation (VC):
* Compares the current trading volume to its moving average over a specified period.
* High volume relative to the average confirms the validity of the current trend.
4. Volatility Filter (VF):
* Uses ATR (Average True Range) to gauge market volatility.
* Adjusts and smooths signals to reduce noise during periods of high volatility.
5. Technical Ratings Integration:
* Incorporates TradingView’s Technical Ratings, allowing users to validate signals using moving averages, oscillators, or a combination of both.
* Users can choose their preferred source of ratings for enhanced signal confirmation.
How It Works:
The TVMC indicator combines the weighted contributions of the Trend, Momentum, and Volume components, further refined by the Volatility Filter. Each component plays a specific role:
* Trend: Identifies whether the market is bullish, bearish, or neutral.
* Momentum: Highlights the strength of price action.
* Volume: Confirms whether the current price action is supported by sufficient trading activity.
* Volatility: Filters out excessive noise in volatile market conditions, providing a smoother and more reliable output.
Visualization:
1. Bullish Signals:
* The indicator line turns green and remains above the zero line, indicating upward momentum.
2. Bearish Signals:
* The indicator line turns red and falls below the zero line, signaling downward momentum.
3. Neutral Signals:
* The line is orange and stays near zero, indicating a lack of strong trend or momentum.
4. Zones:
* Horizontal lines at +30 and -30 mark strong bullish and bearish zones, respectively.
* A zero line is included for clear separation between bullish and bearish signals.
Recommended Usage:
* Best Timeframes: The indicator is optimized for higher timeframes such as 4-hour (H4) and daily (D1) charts.
* Trading Style: Suitable for swing and positional trading.
* Customization: The indicator allows users to adjust all major parameters (e.g., MACD, RSI, volume, and ATR settings) to fit their trading preferences.
Customization Options:
* Adjustable weights for Trend, Momentum, and Volume components.
* Fully configurable settings for MACD, RSI, Volume SMA, and ATR periods.
* Timeframe selection for multi-timeframe analysis.
Important Notes:
1. Originality: The TVMC indicator combines multiple analysis methods into a unique framework. It does not replicate or minimally modify existing indicators.
2. Transparency: The description is detailed enough for users to understand the methodology without requiring access to the code.
3. Clarity: The indicator is explained in a way that is accessible even to users unfamiliar with complex technical analysis tools.
Compliance with TradingView Rules:
* The indicator is written in Pine Script version 5, adhering to TradingView’s language standards.
* The description is written in English to ensure accessibility to the global community, with a clear explanation of all components and functionality.
* No promotional content, links, or unrelated references are included.
* The chart accompanying the indicator is clean and demonstrates its intended use clearly, with no additional indicators unless explicitly explained.
Enhanced Cumulative Volume Delta + MAThe Enhanced Cumulative Volume Delta (CVD) indicator is designed to help traders analyze the cumulative buying and selling pressure in the market by examining the delta between the up and down volume. By tracking this metric, traders can gain insights into the strength of a trend and potential reversals. This indicator uses advanced volume analysis combined with customizable moving averages to provide a more detailed view of market dynamics.
How to Use This Indicator:
Volume Delta Visualization:
The indicator plots the cumulative volume delta (CVD) using color-coded candles, where teal represents positive delta (buying pressure) and soft red represents negative delta (selling pressure).
Moving Averages:
Use the moving averages to smooth the CVD data and identify long-term trends. You can choose between SMA and EMA for each of the three available moving averages. The first and third moving averages are typically used for short-term and long-term trend analysis, respectively, while the second moving average can serve as a medium-term filter.
Arrow Markers:
The indicator will display arrows (green triangle up for crossing above, red triangle down for crossing below) when the CVD volume crosses the 3rd moving average. You can control the visibility of these arrows through the input parameters.
Volume Data:
The indicator provides error handling in case no volume data is available for the selected symbol, ensuring that you're not misled by incomplete data.
Practical Applications:
Trend Confirmation: Use the CVD and moving averages to confirm the overall trend direction and strength. Positive delta and a rising CVD can confirm an uptrend, while negative delta and a falling CVD indicate a downtrend.
Volume Breakouts: The arrows marking when the CVD crosses the 3rd moving average can help you spot potential volume breakouts or reversals, making them useful for entry or exit signals.
Volume Divergence: Pay attention to divergences between price and CVD, as these can often signal potential trend reversals or weakening momentum.
Volume PressureDraws the candle chart with colors to represent low, medium and high volumes. You get 3 colors for downward and 3 colors for upward movement. This will aid with immediately seeing the relative volume pushing the stock candle in the direction of movement.
You can control the percentage threshold for low and high volume. You also can change the colors to represent each volume level for upward and downward movement.
Dominance: USDT + USDCThis script combines the dominance of USDT and USDC, the two largest stablecoins in the market, to provide a clear and accurate view of their impact on the total cryptocurrency market cap.
Key Features:
- Individual Dominance: Displays the percentage dominance of USDT and USDC separately.
- Combined Dominance: Shows a line combining the dominance of both stablecoins to understand their total market influence.
- Real-Time Accuracy: Updates values based on the latest TradingView data.
- Visual Clarity: Unique colors for each line for easy interpretation:
- Blue: USDT Dominance.
- Green: USDC Dominance.
- Red: Total Combined Dominance.
Benefits:
- Strategic Analysis: Evaluate how stablecoins influence capital flow in the crypto market.
- Identify Trends: Understand growth or decline in dominance to detect market direction changes.
- Informed Decisions: Ideal for traders analyzing the relationship between stablecoins and overall market movements.
How to Use:
- Add the script to your chart and monitor the dominance lines.
- Use the insights to support your trading strategy.
Note: This script does not provide buy or sell signals. It is intended for informational and analytical purposes.
Comprehensive Volume and Metrics with Pre-Market Volume Data
This script is designed for traders who want a detailed view of market activity, including regular market and pre-market volume, dollar volume, relative volume (RVOL), average daily range (ADR), average true range (ATR), relative strength index (RSI), and the QQQ’s percentage change.
The script includes customizable metrics displayed in tables on the chart for easy analysis, with the option to toggle the visibility of each metric.
Key Features:
Volume and Dollar Volume:
Displays the volume of shares traded during the current day (or pre-market, if enabled).
Includes a calculation of dollar volume, representing the total dollar amount of trades (Volume × Close Price).
Relative Volume (RVOL):
Displays RVOL Day, which is the relative volume of the current day compared to the 2-day moving average.
Shows RVOL 90D, indicating relative volume over the past 90 days.
Both RVOL metrics are calculated as percentages and display the percentage change compared to the standard (100%).
Pre-Market Data:
Includes pre-market volume (PVOL) and pre-market dollar volume (P$ VOL) which are displayed only if pre-market data is enabled.
Tracks volume and dollar volume during pre-market hours (4:00 AM to 9:30 AM Eastern Time) for more in-depth analysis.
Optionally, shows pre-market RSI based on volume-weighted close prices.
Average Daily Range (ADR):
Displays the percentage change between the highest and lowest prices over the defined ADR period (default is 20 days).
Average True Range (ATR):
Shows the ATR, a popular volatility indicator, for a given period (default is 14 bars).
RSI (Relative Strength Index):
Displays RSI for the given period (default is 14).
RSI is calculated using pre-market data when available.
QQQ:
Shows the percentage change of the QQQ ETF from the previous day’s close.
The QQQ percentage change is color-coded: green for positive, red for negative, and gray for no change.
Customizable Inputs:
Visibility Options: Toggle the visibility of each metric, such as volume, dollar volume, RVOL, ADR, ATR, RSI, and QQQ.
Pre-Market Data: Enable or disable the display of pre-market data for volume and dollar volume.
Table Positioning: Adjust the position of tables displaying the metrics either at the bottom-left or bottom-right of the chart.
Text Color and Table Background: Choose between white or black text for the tables and customize the background color.
Tables:
The script utilizes tables to display multiple metrics in an organized and easy-to-read format.
The values are updated dynamically, reflecting real-time data as the market moves.
Pre-Market Data:
The script calculates pre-market volume and dollar volume, along with other key metrics like RSI and RVOL, to help assess market sentiment before the market officially opens.
The pre-market data is accumulated from 4:00 AM to 9:30 AM ET, allowing for pre-market analysis and comparison to regular market hours.
User-Friendly and Flexible:
This script is designed to be highly customizable, giving you the ability to toggle which metrics to display and where they appear on the chart. You can easily focus on the data that matters most to your trading strategy.
Relative Volume Index [PhenLabs]Relative Volume Index (RVI)
Version: PineScript™ v6
Description
The Relative Volume Index (RVI) is a sophisticated volume analysis indicator that compares real-time trading volume against historical averages for specific time periods. By analyzing volume patterns and statistical deviations, it helps traders identify unusual market activity and potential trading opportunities. The indicator uses dynamic color visualization and statistical overlays to provide clear, actionable volume analysis.
Components
• Volume Comparison: Real-time volume relative to historical averages
• Statistical Bands: Upper and lower deviation bands showing volume volatility
• Moving Average Line: Smoothed trend of relative volume
• Color Gradient Display: Visual representation of volume strength
• Statistics Dashboard: Real-time metrics and calculations
Usage Guidelines
Volume Strength Analysis:
• Values > 1.0 indicate above-average volume
• Values < 1.0 indicate below-average volume
• Watch for readings above the threshold (default 6.5x) for exceptional volume
Trading Signals:
• Strong volume confirms price moves
• Divergences between price and volume suggest potential reversals
• Use extreme readings as potential reversal signals
Optimal Settings:
• Start with default 15-bar lookback for general analysis
• Adjust threshold (6.5x) based on market volatility
• Use with multiple timeframes for confirmation
Best Practices:
• Combine with price action and other indicators
• Monitor deviation bands for volatility expansion
• Use the statistics panel for precise readings
• Pay attention to color gradients for quick assessment
Limitations
• Requires quality volume data for accurate calculations
• May produce false signals during pre/post market hours
• Historical comparisons may be skewed during unusual market conditions
• Best suited for liquid markets with consistent volume patterns
Note: For optimal results, use in conjunction with price action analysis and other technical indicators. The indicator performs best during regular market hours on liquid instruments.
VWAP Divergence | dobofulopOverview :
This script identifies potential bullish and bearish divergence signals using the Volume Weighted Average Price (VWAP). It calculates VWAP resets based on a selected “Anchor Period” (Session, Week, Month, Quarter, Year, Decade, Century, or corporate events like Earnings, Dividends, Splits). When price action and VWAP move in opposite directions with a sufficiently large ATR-based move over a chosen lookback period, the script plots divergence dots on the chart.
Key Features:
VWAP Anchoring : Choose an anchor period for resetting VWAP. This could be daily, weekly, monthly, or based on specific corporate events (Earnings, Dividends, Splits).
Divergence Detection : Looks for instances where the price is moving up while VWAP moves down (potential bullish divergence), and vice versa for bearish divergence.
ATR Filter : Uses the ATR (Average True Range) to filter out minor or insignificant price moves, helping to reduce noise.
Gap Check : Automatically invalidates signals if large price gaps occur within the lookback range.
Visual Signals : Bullish divergences are plotted below the bar, while bearish divergences are plotted above, making it easy to spot potential reversal zones.
How to Us
Inputs:
- Anchor Period (Session, Week, Month, etc.) – determines when the VWAP calculation restarts.
- Source (Default: HLC3) – Price source for the VWAP.
- ATR Multiplier and Lookback Period – Fine-tune the threshold for detecting significant moves vs. VWAP.
Interpretation:
- Bullish Divergence Dot: Suggests potential price strength when price moves higher but VWAP moves lower.
- Bearish Divergence Dot: Suggests potential price weakness when price moves lower but VWAP moves higher.
Disclaimer:
This script is provided for educational purposes only and should not be interpreted as financial advice. Past performance does not guarantee future results. Always conduct your own analysis and consider consulting a financial professional before making trading decisions.
Order Blocks with Volume Heatmap & Clusters - VK TradingOrder Blocks with Volume Heatmap & Clusters - VK Trading
This script is designed to identify and highlight Order Blocks, a key concept in institutional trading, and combines it with powerful tools like volume heatmaps and accumulation clusters for enhanced market analysis. Suitable for traders of all experience levels, this script provides a clear and customizable visualization to help identify significant market zones effectively.
What Does This Script Do?
Order Block Identification: Highlights bullish and bearish order blocks directly on the chart, making it easier to spot key supply and demand zones.
Volume Heatmap: A dynamic heatmap adjusts colors based on relative volume, allowing you to quickly identify areas of heightened activity.
Institutional Accumulation Clusters: Zones of potential institutional accumulation are calculated using a combination of ATR (Average True Range), standardized volume, and RSI (Relative Strength Index).
Automatic Clearing: Invalidated order blocks are automatically removed, ensuring your charts remain clean and focused.
Key Features
Customizable Sensitivity: Adjust the script’s sensitivity to tailor order block detection to different market conditions and strategies.
Advanced Volume Display Options: Toggle volume visibility on or off. Customize the position, size, and color of volume labels for better integration with your chart's design.
Dynamic Heatmap Intensity: Fine-tune the heatmap’s intensity and color to highlight areas of interest based on trading volume.
Dual Order Block Detection: Uses two independent detection settings to analyze the market from multiple perspectives.
Visual Alerts: Automatically draws key level lines based on detected order blocks for better clarity.
User Benefits:
Clear Market Analysis: Helps pinpoint institutional activity and key levels with minimal effort.
Increased Efficiency: Automates plotting and analysis, allowing you to focus on decision-making.
Versatile Compatibility: Complements strategies like Smart Money Concepts, Wyckoff, and Price Action approaches.
Disclaimer
This script is intended as an analytical and educational tool. It does not guarantee specific outcomes or eliminate trading risks. Use this tool at your own discretion and always practice proper risk management.
Volume Equilibrium Overlay(2 of 2)This is an overlay for a prior script I've created: Volume Equilibrium.
To sum it up in a brief manner, this script plots when there is "volume-equilibrium" aka prices that the market may see as "fair-value" relative to the specified timeframe. This script provides what my last code lacked and that is a visual representation of critical prices.
The arrows beside the indications indicate the direction that the buying/selling volume was heading towards.
UP ARROW - indicates that equilibrium was had via increasing buy volume
DOWN ARROW - indicates that equilibrium was had via decreasing buy volume
Remember, this doesn't inherently mean that a stock is supposed to go up or down. Its just a representation of 'fair-value' points using volume. Also remember... both indicators provide what the other lacks. It isn't necessary to use both but for a broad overview of volume it definitely helps to at least be aware of how this information can be represented. Perhaps... consider switching between the two to see what you may be missing.
I believe finding 'fair-value' points via volume and price action provides a more objective way to measure what prices one should look at rather then arbitrary lines plotted on a chart. For more information feel welcome to look at the script that this code is based off of.
