INVITE-ONLY SCRIPT

SIB Fuel moves Car, Volume moves Price

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Volume is important as fuel for a vehicle, without fuel a vehicle wouldn't move. We strongly believe a stock required volumes momentum in order to take-off the rallies.
This indicator helps to spot when the "Big Player" comes into the market, neither the collection stage nor the rally take-off stage.
No single indicator will work effectively by itself. Hence, we developed this unique "Heat Volume" indicator to compliment the candlestick analysis.

[EXPLANATION}
GREEN VOLUME BAR: Volume greater than the previous day volume.

GRAY VOLUME BAR: Volume lesser than the previous day volume.

RED VOLUME BAR: Presence of "Big Player" in the market.

YELLOW-BACKGROUND: Strong & active market trade sentiment in Daily timeframe.

GREEN-BACKGROUND: Strong & active market trade sentiment in Weekly timeframe.

WHITE-BACKGROUND: Strong & active market trade sentiment in Monthly timeframe.

ORANGE-BACKGROUND: Strong & active market trade sentiment in Hourly & Minutes timeframe.


[HOW-TO-USE]
Watch on the "Red" volume bar on the critical point. E.g. trend reversal, gap-up, resistance/price/box breakout.
This signaled the "Big Players" in the trade to take-off the rally.

Watch on the "Color-background" signaled of the strong & active market trade sentiment in the respective timeframe.
When "No-color Background" (Black) Stand aside when market trade sentiment is low and quiet.


Disclaimer:-
-This indicator is provided as best as it's an effort for the purpose of studying in the Technical Analysis perspective.
-This is not and never a trading suggestion of buy/sell call or decision under any circumstances.
-This indicator is for the member's and subscriber's circulation only. *If you are interested in the indicator, kindly contact us for the Free-Trial.
-Good luck & Happy Charting!
Note di rilascio
Script optimization & upgrade with traded value.
Note di rilascio
Upgrade to facilitate the ASAS (Automated Stock Alert System) alert trigger history in the intraday chart.
Note di rilascio
Script update to synchronize with the ASAS (Automated Stock Alert System) signal's script.
Note di rilascio
Script update to remove the traded value display.
Note di rilascio
Script update to allows toggle the "Yellow Background" Heat trade sentiment:
*Toggle ON in script setting for the KLSE market.
*Toggle OFF in script setting for the other markets.
Note di rilascio
Visualized Heat Sentiment Market
Volume

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