Experimenting with Pines Script.
The idea is to plot circles and lines where volume accumulates to generate a volume & support/resistance profile of the security.
Some other ideas I plan to include are put/call ratio, volatility and skew for a total picture of where support and resistance will be found.
The idea is to plot circles and lines where volume accumulates to generate a volume & support/resistance profile of the security.
Some other ideas I plan to include are put/call ratio, volatility and skew for a total picture of where support and resistance will be found.
