Smart Money Entry (Bursa)

13 ott 2020

Calculate any entry price transaction

Red is cumulative of banker money, default value is RM 150,000 entry in every resolution
Orange is cumulative of big money, default value is RM 50,000 entry in every resolution
Green is cumulative of retailer money, default is below RM 50,000 entry in every resolution

All can be set in variable resolution, check in the setting

13 ott 2020

Note di rilascio

no changes

13 ott 2020

Note di rilascio

The script was created using accumulation on total volume bar resolutions (need to be set in setting)
The range of bar was determine using unix time daily divide by resolution you set. Due to limitation on TV, the different resolution will only get the limited day of indicator and 1 minute will get error in calculation.
The transaction value is each number (volume x close) respectively, of the resolution you set. Finally, the transaction divided base on categories in the setting, which is the sum of number range of bar of resolution you set

14 ott 2020

Note di rilascio

The script tested good only if market closed. The last candlestick bar is not accurate due to calculation of lower resolution lagging than upper resolution

15 ott 2020

Note di rilascio

Improve on the length of indicator. The script does not using security function anymore. The computation took little bit longer due to large data in the lower resolution

15 ott 2020

Note di rilascio

Adding EMA for each total value entry (buy and sell)

16 ott 2020

Note di rilascio

Adding a triangle shape indicate that the volume of smart money increase than previous bar