PROTECTED SOURCE SCRIPT
Liquidity Pulse Oscillator LITE
Title:
Liquidity Pulse Oscillator LITE
Description:
This indicator provides an observational view of market activity by measuring intra-bar price and volume dynamics. It is fully informational and educational, and does not constitute financial, trading, or investment advice.
Key Features:
Fast and Slow Pulse lines: Dual EMAs of volume-weighted pressure to highlight crossover points.
Histogram: Displays the difference between fast and slow pulses with color-coded bars (green for positive, red for negative).
Scaled 0–100 line: Provides a normalized perspective for easier interpretation of relative activity levels.
EXP/CON markers: Indicate expansions and contractions in observed market activity.
How It Works:
Pressure is calculated as the absolute open-to-close movement divided by the candle range, multiplied by volume. Safeguards handle zero-range bars. The resulting values are smoothed using fast and slow EMAs. Crossovers generate EXP and CON markers, helping users visualize changes in market activity.
Why This Approach:
Traditional volume indicators often overlook intra-bar dynamics and range normalization. This oscillator emphasizes price movement relative to bar range combined with volume, offering an additional perspective on shifts in market activity.
How to Use:
EXP marker + positive histogram: Indicates potential expansion in observed market activity.
CON marker + negative histogram: Indicates potential contraction in observed market activity.
Can be applied on any timeframe to help confirm breakouts, reversals, or shifts in market behavior.
Notes:
For informational and educational purposes only. Not financial advice.
Liquidity Pulse Oscillator LITE
Description:
This indicator provides an observational view of market activity by measuring intra-bar price and volume dynamics. It is fully informational and educational, and does not constitute financial, trading, or investment advice.
Key Features:
Fast and Slow Pulse lines: Dual EMAs of volume-weighted pressure to highlight crossover points.
Histogram: Displays the difference between fast and slow pulses with color-coded bars (green for positive, red for negative).
Scaled 0–100 line: Provides a normalized perspective for easier interpretation of relative activity levels.
EXP/CON markers: Indicate expansions and contractions in observed market activity.
How It Works:
Pressure is calculated as the absolute open-to-close movement divided by the candle range, multiplied by volume. Safeguards handle zero-range bars. The resulting values are smoothed using fast and slow EMAs. Crossovers generate EXP and CON markers, helping users visualize changes in market activity.
Why This Approach:
Traditional volume indicators often overlook intra-bar dynamics and range normalization. This oscillator emphasizes price movement relative to bar range combined with volume, offering an additional perspective on shifts in market activity.
How to Use:
EXP marker + positive histogram: Indicates potential expansion in observed market activity.
CON marker + negative histogram: Indicates potential contraction in observed market activity.
Can be applied on any timeframe to help confirm breakouts, reversals, or shifts in market behavior.
Notes:
For informational and educational purposes only. Not financial advice.
Script protetto
Questo script è pubblicato come codice protetto. Tuttavia, è possibile utilizzarle liberamente e senza alcuna limitazione – ulteriori informazioni qui.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Script protetto
Questo script è pubblicato come codice protetto. Tuttavia, è possibile utilizzarle liberamente e senza alcuna limitazione – ulteriori informazioni qui.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.