Time Matrix TableICT stresses time and liquidity levels in his teachings. This table helps to easily locate these key Time-based price levels. You can use these levels to determine your directional bias and to help generate your narrative for where the market is going.
This indicator creates a table that gives you the price for the following liquidity levels:
PDO - Previous Day Open
PDH - Previous Day High
PDL - Previous Day Low
PDC - Previous Day Close
PDEQ - Equilibrium of the previous day's range. (Calculated by math.abs(((pdh-pdl)/2)+pdl))
PWH - Previous Week High
PWL - Previous Week Low
PDH2 - Two Days Back High
PDL2 - Two Days Back Low
PDH3 - Three Days Back High
PDL3 - Three Days Back Low
And gives you the opening price for the following times:
Daily Open - 6:00pm open for current session
1:30 AM
3:00 AM
4:00 AM
Midnight Open
6:00 AM
7:30 AM
8:30 AM
NY Open
10:00 AM
12:00 PM
NY PM - 1:30pm
2:00 PM
The levels are sorted descending in price in the table, with the background colored based on their relation to price. The prices are also plotted on the chart based on the range you specify in relation to the current price. These lines are also colored based on their relation to price.
This indicator does not give you anything but the price at a specific time, you must determine your own bias and narrative based on the levels that are given.
[i]price
Price-Mapped Multi-Cycle Sine WavesThe primary function is to overlay a series of sine wave patterns onto a chart, providing a nuanced and visually intuitive representation of market dynamics.
Key features of this script include:
User-Defined Parameters: It allows users to input various parameters such as start bar (of the sine wave, so that we can start at a dynamic point), start date of the cycle plots, price range, and cycle lengths. These parameters enable customization of the sine wave patterns according to the user's specific analytical needs.
Multiple Sine Wave Cycles: It can generate up to ten different sine wave cycles, each with its own length and activation toggle.
Dynamic Visualization: The script plots these sine waves on the TradingView chart, each with a distinct color and the ability to offset the waves based on user input. This visual differentiation aids in easy identification and comparison of the different cycles.
Average Wave Calculation: Additionally, the script calculates an average wave based on the enabled cycles, providing a consolidated view of the market movement trends.
In essence, this script is a versatile tool for technical analysts and traders, offering a unique way to visualize and analyze market cycles and trends through the lens of sine wave theory. It stands as a testament to the confluence of mathematical elegance and practical financial analysis.
Tick Volume Direction IndicatorTick Volume Direction Indicator
This indicator captures:
• tick volume
• tick direction
The settings are as follows:
• volume or base currency value selection.
• label distance (away from the low of the candle).
• Tick volume - on/off switch for tick volume.
• label size.
• Up tick move color.
• tick move absorbed - when the tick doesn't change position.
• Down tick move.
On the first initial load, it will have the existing volume data as "?" as tradingview doesn't have a history of each tick.
Be aware, any settings change you make will refresh the tick data from start.
This indicator is one of the best real-time ways of seeing buying and selling pressure.
The Square of NineThe Square of Nine
█ OVERVIEW
This script is made to make it easy for traders to visualize the movement of price along the square of nine table. This script Places the square of nine table right infront of you in the middle of the screen, which is why it's suggested that you would use it on the side of your main chart.
This script gives you ability to adjust number of revolutions which is the number of rings making the square of nine table up to 9 revs.
You can also change the price unit ( increments ) for each step.
You can use this indicator as a visual reference to track the price action along the square of 9 and make sense of the mechanism behind turning points. It is made to complement both :
- Gann Static Square of 9
- Gann Dynamic Square of 9
You can enable all of the following degrees and adjust their visual appearances on the chart :
360, 45, 90, 135, 180, 225, 270, 315
█ Future Plans and upgrades to this script may include :
1. Adjustable starting price.
2. Astro Integrations.
3. Visuals and matching prices.
and more! feel free to let me know what you'd like to see!
█ How to use :
1. Put the script on your chart
2. Selected your desired levels to activate and the number of desired revolutions.
give the script a few seconds and you should be set.
Wig20 ImpactThe WIG20 index is a price index of the largest listed companies on the GPW/WSE. The index value is calculated based on the turnover and share prices of the 20 largest listed companies. The initial index level on April 16, 1994 was 1,000 points.
Wig20 Impact script is showing expected impact of asset price change on WIG20 index value.
After adding script to chart you need to pick target price level by pressing some price level on the chart. You can modify target price value by moving price value line. Result of estimation is shown in the right top corner. Script is showing impact only for assets that are included in Wig20 index. Script cannot work correctly on past data.
This script can be used by ANY user. You DO NOT NEED to have PRO or PREMIUM account to use it.
This script is a part of a bigger package called "Wig20". In that package we have:
Wig20 Volume - Chart showing volume/cash flow on Wig20 index.
Wig20 Volume Stats - Volume statistics compared with similar periods in history.
Wig20 Sentiment - Wig20 sentiment in +2 and +9 months time period.
Wig20 Expectation - Wig20 expectations in +2 and +9 months time period.
Wig20 Impact - Script showing expected impact of price change of particular instrument on the Wig20 index.
Script settings:
Target price - Price value that you want to check and a lines color used to draw targer price level.
Troubleshooting:
In case of any problems, send error details to the author of the script.
Wig20 ExpectationsThe WIG20 index is a price index of the largest listed companies on the GPW/WSE. The index value is calculated based on the turnover and share prices of the 20 largest listed companies. The initial index level on April 16, 1994 was 1,000 points.
Wig20 Volume Expectations script is merging data from different Wig20 contract sources and calculates constant market predictions for +2 months and +9 months.
This script can be used by ANY user. You DO NOT NEED to have PRO or PREMIUM account to use it.
This script is a part of a bigger package called "Wig20". In that package we have:
Wig20 Volume - Chart showing volume/cash flow on Wig20 index.
Wig20 Volume Stats - Volume statistics compared with similar periods in history.
Wig20 Sentiment - Wig20 sentiment in +2 and +9 months time period.
Wig20 Expectation - Wig20 expectations in +2 and +9 months time period.
Wig20 Impact - Script showing expected impact of price change of particular instrument on the Wig20 index.
Script settings:
Current Wig20 - Hiding/showing current wig20 chart.
Expectation +2m - Hiding/showing +2m expectation chart.
Expectation +9m - Hiding/showing +9m expectation chart.
Contract expiration dates - Hiding/showing contact expiration dates as lines on the chart.
Troubleshooting:
In case of any problems, send error details to the author of the script.
SizeblockPrice change indicator in the form of diagonal rows.
The calculation is based on the percentage or tick deviation of the price movement (indicated in the "Deviation" parameter), which is displayed on the chart in the form of rows.
The row consists of the base middle line, upper and lower limits:
The middle line is the basis for the upper and lower limits of the current row.
The upper and lower limits are deviations from the base middle line of the current row.
The base middle line is equal to the upper or lower limits of the previous row (if the price changes rapidly in one time interval, then the base middle line of the current row is greater than the upper limit of the previous row or less than the lower limit of the previous row by an equal number of deviations depending on the direction of price movement). At the beginning of the calculation, the base middle line is equal to the initial value of the first row.
The "Quantity" parameter determines the deviation for the upper or lower limits depending on the direction of the price movement, and the "U-turn" parameter determines the deviation for changing the direction of the price movement.
The rule for constructing a new row:
The "Source" parameter accepts, depending on the choice, the price of high, low values or the closing price from the time interval of the chart.
When the price reaches the upper or lower limits of the row and goes beyond them, a new row is formed with the same parameters for deviation of the upper and lower limits from the base middle line, depending on the direction of price movement.
By adjusting certain deviations, you can clearly see the local trend and reversal points on the chart.
A useful tool for tracking price direction.
Thanks for your attention!
blackOrb PriceblackOrb's Aspiration: Enhancing the Functionality of Area Charts
At its core, an area chart analysis serves as the foundational structure for blackOrb Price. Area charts can be seen as an addition to conventional price charts. Unlike price line charts, which connect closing prices with lines, an area chart fills the space between high and low prices, creating a visual representation of price ranges. This approach can offer several advantages, particularly in assessing price volatility and price dynamics.
A wider area between high and low suggests high volatility, while a narrower area indicates lower volatility. The orientation of the closing price concerning the high-low range provides insights into whether buyers or sellers are exerting influence on the market.
Combined with the following elements, this chart tool can support comprehensive data-driven trading analysis:
- Integrated moving averages for price dynamic insights
- Zigzag pivot identification for price level insights
- Stochastic lookback analysis for turning point insights
- Ghost mode for comparative insights
Technical Methodology
I. Integrated Moving Averages for Price Dynamic Insights
Incorporating various MA alternatives allows traders to gain insights into not only price dynamics but also their underlying strength, which is reflected in trading activity. This strength is visually depicted by the derived price line within blackOrb's Price Area Chart.
Among the array of MA alternatives, VWMA stands out as a suitable implementation choice for integrating volume data. It goes beyond the scope of a simple moving average, considering both price and volume in its calculation, as shown in the following formula:
(C1 x V1 + C2 x V2 + ... + CN x Vn) / (V1 + V2 + ... + Vn)
II. Zigzag Pivot Identification for Price Level Insights
Zigzag Pivot Identification can be a valuable tool for recognizing possible price movements and potential turning points. It operates by pinpointing pivotal moments where prices alter their course. Essential components of this method involve comparing time units both to the left and right within a designated price dynamic phase, effectively defining the search range for pivotal points.
For instance, in the analysis below, the search is for the highest price point that hasn't been surpassed in the last 10 time units to the left and 10 time units to the right:
ta.pivothigh(10, 10)
The lookback variables analyze price points by simultaneously examining a specified number of time units before and after a potential pivot point as the central reference. A pivot is identified when a price point remains unbreached throughout this period.
Note: This method retroactively validates structures, implying that this tool may redraw or adjust its values as price data evolves. This leads to inconsistency and a lack of predictability.
III. Stochastic Lookback Analysis for Turning Point Insights
The stochastic calculation methodology of this feature centers around the following formula:
100 * (close - lowest(low, length)) / (highest(high, length) - lowest(low, length))
This key formula employs a stochastic calculation methodology that assesses the percentage deviation of the closing price from the lowest low over a specified timeframe (length), relative to the span between the highest high and the lowest low. The outcome is normalized within a range of 0 to 100, providing insights into the relative position of the closing price within the high-low range. Traders can define the specific periods over which the stochastic calculation is performed.
Based on this stochastic analysis, the indicator integrates area chart coloring, affording users the flexibility to adjust the sensitivity of area chart coloring according to customized stochastic look-back evaluation phases. Consequently, the coloration by length evaluation can mirror a comprehension of market dynamics.
Note: However, it's important to recognize that the efficacy of evaluation coloring might be compromised during periods of lateral price movement, characterized by less prominent market trends.
IV. Ghost Mode for Comparative Insights
Unveiling convergences and divergences, the Ghost Mode overlays two price charts, which can reveal price trajectories and reactions (e.g. Apple stock's potential response to the NASDAQ 100 Technology Sector Index).
Note: This approach may not capture nuanced correlations during intricate market scenarios.
Note on Usability
This tool is an intricately designed area chart, meticulously created to serve as a fundamental canvas for the seamless integration of other more granular trading indicators.
blackOrb Price can have synergies with blackOrb Candle as both indicators combined can give a bigger picture for supporting comprehensive and multifaceted data-driven trading analysis.
This indicator isn't intended for standalone trading application. Instead, it offers an alternative approach to traditional area charts, serving as a supplementary tool for orientation within broader trading strategies. Irrespective of market conditions, it can harmonize with a wider range of trading styles and instruments/trading pairs/indices like Stocks, Gold, EURUSDSPX500, GBPUSD, BTCUSD and Oil.
Inspiration and Publishing
Taking genesis from the inspirations amongst others provided by TradingView Pine Script Wizard Kodify, blackOrb Price is a multi-encompassing script meticulously forged from scratch. It aspires to furnish a comprehensive area chart approach, borne out of personal experiences and a strong dedication in supporting the trading community. We eagerly await valuable feedback to refine and further enhance this tool.
Zaree - Bull & Bear Volume VoidThe "Zaree - Bull & Bear Volume Void" (BBVV) indicator is a versatile tool designed to help traders assess the dynamics of bull and bear power in the market, with a focus on volume-based analysis. This indicator offers a range of features that aid in identifying potential shifts in market sentiment and strength.
Details of the Indicator:
Volume Void Color Settings: This indicator allows you to customize the colors used for different conditions, such as strong bull areas, slowing bull areas, strong bear areas, and slowing bear areas. These colors play a crucial role in visualizing the indicator's output.
Volume Void Settings: The BBVV indicator provides options for selecting specific volume void functions, which include "Relative Volume Comparison," "Percentage of Average Volume," "Fixed Volume Threshold," "Volatility-Adjusted Volume," "Compare to Previous Volume Bars," "Volume Percentile Rank," and "Market Session Comparison." Each function has its own criteria for evaluating volume conditions.
Void Bull Sensitivity and Void Bear Sensitivity: These are key parameters in the settings. The values you choose for void bull sensitivity and void bear sensitivity will significantly impact the background color displayed by the indicator. Properly configuring these values is crucial for the indicator's effectiveness.
Moving Average Settings: You can specify the source and length of moving averages used in the indicator. This helps in smoothing out data and providing a clearer picture of bull and bear power.
Void Color Background Conditions: The indicator dynamically changes the background color of the chart based on the current market conditions. It takes into account bull and bear power, as well as the configured sensitivity levels to determine whether the market is in a strong or slowing bull/bear phase.
MACD and Signal Lines: The indicator also displays MACD and signal lines on the chart, helping traders identify potential bullish and bearish crossovers.
Histogram Bars: Histogram bars are used to represent the strength of bull and bear power. Above-zero bars indicate bullish strength, while below-zero bars indicate bearish strength.
How to Use the Indicator:
Begin by customizing the color settings for different market conditions to your preference.
Select a volume void function that aligns with your trading strategy and objectives.
Configure the void bull sensitivity and void bear sensitivity values carefully. These values should reflect your desired sensitivity to volume conditions.
Choose the source and length of moving averages based on your analysis requirements.
Pay attention to the background color of the chart. It will change dynamically based on the current market conditions, providing insights into the strength of bull and bear power.
Observe the MACD and signal lines for potential bullish or bearish crossovers, which can be used as additional confirmation signals.
Interpret the histogram bars to gauge the strength of bull and bear power.
Example of Usage:
As a swing trader with a focus on volume analysis, you can use the BBVV indicator to enhance your trading decisions. Here's an example of how you might use the indicator:
Select "Relative Volume Comparison" as the volume void function to assess volume relative to a simple moving average.
Configure void bull sensitivity and void bear sensitivity to match your risk tolerance and trading style.
Choose "SMA" as the moving average type with a suitable length.
Pay attention to the background color changes in the chart. Strong bull areas may indicate potential bullish opportunities, while strong bear areas may signal bearish conditions.
Monitor the MACD and signal lines for potential crossovers, aligning them with the background color to validate your trading decisions.
Use the histogram bars to assess the strength of bull and bear power, helping you gauge market sentiment.
Remember that the BBVV indicator is a valuable tool to complement your trading strategy. It provides insights into volume dynamics and market conditions, allowing you to make informed trading choices.
Be sure to adjust the indicator settings according to your trading preferences and always consider the broader market context in your analysis.
Trig-Log Scaled Momentum OscillatorTaylor Series Approximations for Trigonometry:
1. The indicator starts by calculating sine and cosine values of the close price using Taylor Series approximations. These approximations use polynomial terms to estimate the values of these trigonometric functions.
Mathematical Component Formation:
2. The calculated sine and cosine values are then multiplied together. This gives us the primary mathematical component, termed as the 'trigComponent'.
Smoothing Process:
3. To ensure that our indicator is less susceptible to market noise and more reactive to genuine price movements, this 'trigComponent' undergoes a smoothing process using a simple moving average (SMA). The length of this SMA is defined by the user.
Logarithmic Transformation:
4. With our smoothed value, we apply a natural logarithm approximation. Again, this approximation is based on the Taylor expansion. This step ensures that all resultant values are positive and offers a different scale to interpret the smoothed component.
Dynamic Scaling:
5. To make our indicator more readable and comparable over different periods, the logarithmically transformed values are scaled between a range. This range is determined by the highest and lowest values of the transformed component over the user-defined 'lookback' period.
ROC (Rate of Change) Direction:
6. The direction of change in our scaled value is determined. This offers a quick insight into whether our mathematical component is increasing or decreasing compared to the previous value.
Visualization:
7. Finally, the indicator plots the dynamically scaled and smoothed mathematical component on the chart. The color of the plotted line depends on its direction (increasing or decreasing) and its boundary values.
Candles Preview MTFDescription:
The script displays a mini-chart with candlesticks from different symbols and timeframes (up to 8 in total). It can display up to 24 candles. You can use it on any timeframe, but it is intended to work with the same or higher timeframes than the chart's. For example: you can add a mini-chart displaying candles of the chart's symbol from Weekly timeframe, while being on Daily timeframe. The script updates in realtime, but it is not recommended to use it on very low timeframes (1 second for example).
Below you can find some examples of using the indicator:
(custom colors, highest and lowest volume in footer, symbol name with exchange in header)
(a chart with Weekly and a chart with Monthly candles, custom colors, no footer, timeframe in header)
(charts for 5 different stocks, no footer, symbol name in header)
Along with the chart it displays a header with Symbol and Timeframe, as well as footer with highest and lowest Price or Volume for selected number of candles. Each candle displays a tooltip with the following information when hovered:
- Date / Time
- Open, High, Low and Close prices
- Price change (absolute and %)
- Volume
- Volume change (absolute and %)
By default the interface changes colors if you switch to / from "Dark mode", but you can also manually customise any colors to your likings. You can also hide both header and footer, customise what information is displayed in them, show / hide the chart's grid and change its "density", choose position and height for each of the 8 charts. Additionally, you can change the timezone used to calculate time and date.
Inputs:
The indicator's inputs are separated into groups:
- Other (contains the "Timezone" parameter)
- Chart 1 (contains parameters specific for each chart)
- Chart 2
- Chart N
- ...
- Charts (contains parameters that modify all the 8 charts)
- Colors (contains parameters for styling)
How to get it:
Contact me on Tradingview using private chat, and I will grant you a 3 day trial access
On a side note:
You can share your feedback or ideas in the comments, it will help me improve the indicator. Refer to "Release notes" section for any future updates. Thank you!
Price by Volume ColumnsThis indicator allows you to identify how price changes for a given time period are sensitive to the volume. You will identify these changes as bars in the bottom of the chart. You may see the changes in bars for better understanding of price movements, identify trends. Please take trades at your own risk and discretion
Average purchase price 0.1 [PATREND]
Average purchase price
This tool calculates the average purchase and sell price and the profit/loss ratio for the selected symbol based on the user's inputs for the purchase and sell prices and the entry and exit amounts.
Using Average purchase price with DCA strategy
This tool can be used to track the performance of your dollar cost averaging (DCA) investment strategy.
This tool allows you to enter information about your purchase and sell transactions, such as the purchase and sell price and the entry and exit amount, and it calculates the average purchase and sell price and the profit/loss ratio based on this information.
When using a DCA strategy, you can enter information about your regular purchase and sell transactions and the tool will calculate the average purchase and sell price for you.
You can use this information to determine if your strategy is working well and make the necessary adjustments.
In addition, this tool can help you determine when you should increase or decrease the regular investment amounts that you make as part of your DCA strategy.
It can also show you the profit/loss ratio for each sell transaction that you made.
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We hope you find it useful.
Don't hesitate to try this tool and customize its settings to meet your trading needs.
We look forward to seeing your opinions and comments.
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Average purchase price
هذه الأداة تحسب متوسط سعر الشراء والبيع ونسبة الربح / الخسارة للرمز المحدد بناءً على إدخالات المستخدم لأسعار الشراء والبيع ومبالغ الدخول والخروج.
استخدام Average purchase price مع استراتيجية DCA
يمكن استخدام هذه الأداة لتتبع أداء استراتيجية الاستثمار المتوسط التكلفة الدولارية (DCA) الخاصة بك.
تتيح لك هذه الأداة إدخال معلومات عن عمليات الشراء والبيع الخاصة بك، مثل سعر الشراء والبيع وكمية الدخول والخروج، ويقوم بحساب متوسط سعر الشراء والبيع ونسبة الربح / الخسارة بناءً على هذه المعلومات.
عند استخدام استراتيجية DCA، يمكنك إدخال معلومات عن عمليات الشراء والبيع المنتظمة التي تقوم بها وستقوم الأداة بحساب متوسط سعر الشراء والبيع لك. يمكنك استخدام هذه المعلومات لتحديد ما إذا كانت استراتيجيتك تعمل بشكل جيد وإجراء التعديلات اللازمة.
بالإضافة إلى ذلك
يمكن لهذه الأداة مساعدتك في تحديد متى يجب عليك زيادة أو تقليل مبالغ الاستثمار المنتظمة التي تقوم بها كجزء من استراتيجية DCA. كما يمكنها أن تظهر لك نسبة الربح / الخسارة في كل عملية بيع قمت بها.
تصرف كخبير ترجمه مختص باسواق المال وترجم هذا النص للغه الانكليزيه بشكل دقيق
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نأمل أن تجدوه مفيدًا لكم .
لا تترددوا في تجربة هذه الأداة وتخصيص إعداداتها لتلبية احتياجاتكم التداولية.
نتطلع إلى رؤية آرائكم وتعليقاتكم .
The Strat with Continuity [starlord_xrp]This indicator shows entry and exit points for The Strat as well as potential setups. It also has full time frame continuity detection.
Price Acceleration Indicator (PAI)I have designed a "Price Acceleration" Indicator (PAI). It tracks the second derivative in price movements. This is different from ROC as that one measures Price Velocity rather than Acceleration. This Indicator should give you an idea of when the steam has come out of a move, or when one is getting started. For example, if RSI is reaching overbought, and PAI is Negative, that means the move is slowing down and likely to give in to the opposite direction soon.
Breakout FilterIntroduction:
The Breakout Filter is a technical analysis indicator designed to identify potential breakout trading opportunities in the financial markets. It combines breakout conditions based on price and volume with the visualization of Exponential Moving Average (EMA) lines. This indicator can be a valuable tool for traders seeking to capture breakout movements while utilizing EMA lines for additional trend analysis.
Indicator Overview:
The Breakout Filter consists of three main filters: Filter 1, Filter 2, and Filter 3. Each filter has its own set of conditions that need to be met for a breakout signal to be generated. Additionally, the indicator plots EMA lines on the chart to provide further insights into the market trend.
Filter 1: Price & Volume Breakout (Default symbol: Tiny Yellow Triangle)
Filter 1 focuses on identifying breakouts based on both price and volume criteria. It considers the following conditions:
- Price Breakout: The close price crosses above the Donchian Channel's middle line, indicating a potential upward breakout.
- Volume Breakout: The trading volume exceeds the moving average of volume, suggesting increased market participation during the breakout.
When both the price breakout and volume breakout conditions are met, Filter 1 generates a signal indicating a potential breakout in the market. This filter helps traders identify significant price movements accompanied by higher trading volumes.
Filter 2: Upper Band Breakout
Filter 2 specifically looks for breakouts above the upper band of the Donchian Channel. This condition suggests a potential strong upward momentum in the market. When the high price exceeds the upper band, Filter 2 generates a signal, indicating a breakout above the recent price range.
Filter 3: Combined Filter 1 and Filter 2
Filter 3 combines the conditions of both Filter 1 and Filter 2. It requires that both Filter 1 and Filter 2 generate signals simultaneously. When this happens, it indicates a strong breakout signal with price and volume confirming the upward momentum.
EMA Lines:
The Breakout Filter with EMA Lines also includes the visualization of Exponential Moving Average (EMA) lines on the chart. EMA is a popular technical indicator used to identify the overall trend in the market. The indicator plots three EMA lines with different periods: EMA1, EMA2, and EMA3. Traders can choose the periods for each EMA line based on their preference and trading strategy.
The EMA lines can provide additional insights into the market trend and potential support or resistance levels. By observing the interaction between the price and the EMA lines, traders can gain a better understanding of the prevailing market sentiment and make informed trading decisions.
How to screen these filters using Trading View Screener
Insert column "DONCHIAN20 UP" and set to "EQUAL HIGH"
Conclusion:
The Breakout Filter with EMA Lines is a comprehensive indicator that combines breakout conditions based on price and volume with the visualization of EMA lines. It helps traders identify potential breakout trading opportunities while providing insights into the market trend. By using this indicator, traders can enhance their trading strategies and potentially improve their trading outcomes.
Please note that this write-up is for informational purposes only and should not be considered as financial advice. Traders should conduct their own analysis and exercise caution when making trading decisions.
Volume Change Indicator 0.1 [PATREND]
(Volume Change Indicator)
It is an analytical tool that studies the trading volume and its changes.
This indicator uses the Simple Moving Average (SMA) to calculate the average volume for a specific period of time.
Only candles that meet the required conditions are determined when the trading volume is greater than or equal to the calculated average.
This means that the indicator identifies a volume candle only when there is a significant change in trading volume compared to the average.
This indicator is distinguished from other similar indicators in that it allows the user to determine the required percentage of change as an additional condition for determining the volume candle.
If the conditions are correct, the indicator will display a diamond below the candle that meets the requirements specified by the user.
The indicator also displays lines above and below the candle and places "A" and "B" marks next to them to determine the start and end points.
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(Volume Change Indicator)
It is a useful analytical tool for traders who rely on volume analysis strategies in their trading decisions.
This indicator helps traders identify important volume candles and search for trading opportunities more accurately.
Traders can use this indicator to determine trends and search for potential entry and exit points.
The indicator helps determine when there is a significant change in trading volume compared to the average, indicating a possible change in direction.
In general
This indicator benefits traders who use volume analysis strategies in their trading decisions and who want additional information about trading volume and its changes.
It can also be used for all markets and on different time frames.
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Settings:
1. The user is allowed to determine whether they want to display the indicator through the "Show Indicator" box.
2. The user is allowed to determine the required percentage of change through the "Percent Change" box.
3. The user is allowed to determine the type of candles they want to display (Bearish, Bullish, both) through the "Candle Type" box.
4. The user is allowed to calculate the average candle volume using the "Average Vol" box.
5. The user is allowed to determine the length of lines and number of lines they want to display through "Max Lines" and "Line Length" boxes.
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We hope you find (Volume Change Indicator) useful in your analysis.
Feel free to try this indicator and customize its settings to meet your trading needs.
We look forward to seeing your opinions and comments on this indicator.
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(Volume Change Indicator)
هو أداة تحليلية تعمل على دراسة حجم التداول وتغيراته.
يستخدم هذا المؤشر متوسط الحجم المتحرك (SMA) لحساب متوسط الحجم لفترة زمنية معينة.
يتم تحديد الشموع التي تلبي الشروط المطلوبة فقط عندما يكون حجم التداول أكبر من أو يساوي المتوسط المحسوب.
هذا يعني أن المؤشر يحدد شمعة الكميات فقط عندما يكون هناك تغير كبير في حجم التداول مقارنة بالمتوسط.
يتميز هذا المؤشر عن غيره من موشرات الممثاله بأنه يتيح للمستخدم تحديد النسبة المئوية المطلوبة للتغيير كشرط إضافي لتحديد شمعة الكميات.
إذا كانت الظروف صحيحة، فسيعرض المؤشر ماسًا أسفل الشمعة التي تلبي المتطلبات المحددة من قبل المستخدم.
كما يعرض المؤشر خطوطًا فوق وتحت الشمعة ويضع علامتي "A" و "B" بجانبهما لتحديد نقاط البداية والنهاية.
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(Volume Change Indicator)
هو أداة تحليلية مفيدة للمتداولين الذين يعتمدون على استراتيجيات تحليل الحجم في قراراتهم التداولية.
يساعد هذا المؤشر المتداولين على تحديد شموع الكميات المهمة والبحث عن فرص تداولية بشكل أكثر دقة.
يمكن للمتداولين استخدام هذا المؤشر لتحديد الاتجاهات والبحث عن نقاط الإدخال والخروج المحتملة.
يساعد المؤشر على تحديد متى يكون هناك تغير كبير في حجم التداول مقارنة بالمتوسط، مما يشير إلى احتمالية حدوث تغير في الاتجاه.
In general
يستفيد من هذا المؤشر المتداولون الذين يستخدمون استراتيجيات تحليل الحجم في قراراتهم التداولية والذين يرغبون في الحصول على معلومات إضافية حول حجم التداول وتغيراته.
كما يمكن استخدامة لجميع الاسواق وعلى مختلف الفواصل الزمنية .
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Settings:
1. يُتيح للمستخدم تحديد ما إذا كان يرغب في عرض المؤشر من خلال خانة "Show Indicator".
2. يُتيح للمستخدم تحديد النسبة المئوية المطلوبة للتغير من خلال خانة "Percent Change".
3. يُتيح للمستخدم تحديد نوع الشموع التي يرغب في عرضها (Bearish, Bullish, both) من خلال خانة "Candle Type".
4. يُتيح للمستخدم حساب متوسط حجم الشموع باستخدام خانة "Average Vol".
5. يُتيح للمستخدم تحديد طول الخطوط وعدد الخطوط التي يرغب في عرضها من خلال خانات "Max Lines" و "Line Length".
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نأمل أن تجدواه مفيدًا في تحليلاتكم .
لا تترددوا في تجربة هذا المؤشر وتخصيص إعداداته لتلبية احتياجاتكم التداولية.
نتطلع إلى رؤية آرائكم وتعليقاتكم حول هذا المؤشر.
Price Exhaustion IndicatorThe Price Exhaustion Indicator (PE) is a powerful tool designed to identify trends weakening and strengthening in the financial markets. It combines the concepts of Average True Range (ATR), Moving Average Convergence Divergence (MACD), and Stochastic Oscillator to provide a comprehensive assessment of trend exhaustion levels. By analyzing these multiple indicators together, traders and investors can gain valuable insights into potential price reversals and long-term market highs and lows.
The aim of combining the ATR, MACD, and Stochastic Oscillator, is to provide a comprehensive analysis of trend exhaustion. The ATR component helps assess the volatility and range of price movements, while the MACD offers insights into the convergence and divergence of moving averages. The Stochastic Oscillator measures the current price in relation to its range, providing further confirmation of trend exhaustion. The exhaustion value is derived by combining the MACD, ATR, and Stochastic Oscillator. The MACD value is divided by the ATR value, and then multiplied by the Stochastic Oscillator value. This calculation results in a single exhaustion value that reflects the combined influence of these three indicators.
Application
The Price Exhaustion Indicator utilizes a unique visual representation by incorporating a gradient color scheme. The exhaustion line dynamically changes color, ranging from white when close to the midline (40) to shades of purple as it approaches points of exhaustion (overbought at 100 and oversold at -20). As the exhaustion line approaches the color purple, this represents extreme market conditions and zones of weakened trends where reversals may occur. This color gradient serves as a visual cue, allowing users to quickly gauge the strength or weakness of the prevailing trend.
To further enhance its usability, the Price Exhaustion Indicator also includes circle plots that signify potential points of trend reversion. These plots appear when the exhaustion lines cross or enter the overbought and oversold zones. Red circle plots indicate potential short entry points, suggesting a weakening trend and the possibility of a downward price reversal. Conversely, green circle plots represent potential long entry points, indicating a strengthening trend and the potential for an upward price reversal.
Traders and investors can leverage the Price Exhaustion Indicator in various ways. It can be utilized as a trend-following tool, or a mean reversion tool. When the exhaustion line approaches the overbought or oversold zones, it suggests a weakening trend and the possibility of a price reversal, helping identify potential market tops and bottoms. This can guide traders in timing their entries or exits in anticipation of a trend shift.
Utility
The Price Exhaustion Indicator is particularly useful for long-term market analysis, as it focuses on identifying long-term market highs and lows. By capturing the gradual weakening or strengthening of a trend, it assists investors in making informed decisions about portfolio allocation, trend continuation, or potential reversals.
In summary, the Price Exhaustion Indicator is a comprehensive and visually intuitive tool that combines ATR, MACD, and Stochastic Oscillator to identify trend exhaustion levels. By utilizing a gradient color scheme and circle plots, it offers traders and investors valuable insights into potential trend reversals and long-term market highs and lows. Its unique features make it a valuable addition to any trader's toolkit, providing a deeper understanding of market dynamics and assisting in decision-making processes. Please note that future performance of any trading strategy is fundamentally unknowable, and past results do not guarantee future performance.
K's Pivot PointsPivot points are a popular technical analysis tool used by traders to identify potential levels of support and resistance in a given timeframe. Pivot points are derived from previous price action and are used to estimate potential price levels where an asset may experience a reversal, breakout, or significant price movement.
The calculation of pivot points involves a simple formula that takes into account the high, low, and close prices from the previous trading session or a specific period. The most commonly used pivot point calculation method is the "Standard" or "Classic" method. Here's the formula:
Pivot Point (P) = (High + Low + Close) / 3
In addition to the pivot point itself, several support and resistance levels are calculated based on the pivot point value.
K's Pivot Points try to enhance them by incorporating multiple elements and by applying a re-integration strategy to validate two events:
* Found_Support: This event represents a basing market that is bound to recover or at least shape a bounce.
* Found_Resistance: This event represents a toppish market that is bound to consolidate or at least shape a pause.
K's Pivot Points are calculated following these steps:
1. Calculate the highest of highs for the previous 24 periods (preferably hours).
2. Calculate the lowest of lows for the previous 24 periods (preferably hours).
3. Calculate a 24-period (preferably hours) moving average of the close price.
4. Calculate K's Pivot Point as the average between the three previous step.
5. To find the support, use this formula: Support = (Lowest K's pivot point of the last 12 periods * 2) - Step 1
6. To find the resistance, use this formula: Resistance = (Highest K's pivot point of the last 12 periods * 2) - Step 2
The re-integration strategy to find support and resistance areas is as follows:
* A support has been found if the market breaks the support and shapes a close above it afterwards.
* A resistance has been found if the market surpasses the resistance and shapes a close below it afterwards.
The lookback period (whether 24 and 12) can be modified but the default versions work well.
Price Delta HeatmapThe Price Delta Heatmap is an indicator designed to visualize the price changes of an asset over time. It helps traders identify and analyze significant price movements and potential volatility. The indicator calculates the price delta, which is the difference between the current close price and the previous close price. It then categorizes the price deltas into different color ranges to create a heatmap-like display on the chart.
The indicator uses user-defined thresholds to determine the color ranges. These thresholds represent the minimum price change required for a specific color to be assigned. The thresholds are adjustable to accommodate different asset classes and trading strategies. Positive price deltas are associated with bullish movements, while negative price deltas represent bearish movements.
The indicator plots bars color-coded according to the price delta range it falls into. The color ranges can be customized to match personal preferences or specific trading strategies. Additionally, the indicator includes signal shapes below the bars to highlight significant positive or negative price deltas. Traders can adjust the threshold values based on their preferred sensitivity to price changes. Higher threshold values may filter out minor price movements and focus on more significant shifts, while lower threshold values will capture even minor fluctuations.
****The default settings have the thresholds set to levels of 100, 50, 20, 10, 0, -10, -20, -50, and -100. These numbers are well-suited for assets such as Ethereum or Bitcoin which are larger in price than an asset that has a price of $1.50, for example. To compensate, adjust the thresholds in the settings to reflect the price delta on the desired asset. All coloration and horizontal line plots will adjust to reflect these changes.****
Traders can interpret the Price Delta Heatmap as follows:
-- Bright green bars indicate the highest positive price deltas, suggesting strong bullish price movements.
-- Green bars represent positive price deltas above the third threshold, indicating significant bullish price changes.
-- Olive bars indicate positive price deltas above the second threshold, suggesting moderate bullish price movements.
-- Yellow bars represent positive price deltas above the lowest threshold, indicating minor bullish price changes. This color is reflected on the negative side as well. Yellow bars below zero indicate negative price deltas below the lowest threshold, suggesting minor bearish price changes.
-- White bars represent zero price deltas, indicating no significant price movement.
-- Orange bars represent negative price deltas below the second threshold, indicating moderate bearish price movements.
-- Red bars indicate negative price deltas below the third threshold, suggesting significant bearish price changes.
-- Maroon bars represent the lowest negative price deltas, indicating strong bearish price movements.
The coloration of the Price Delta line itself is determined by the line's relation to the second positive and second negative thresholds (default +/- 20) - if the line is above the second positive threshold, the line is colored lime (and is reflected in a lime arrow at the bottom of the indicator); if the line is below the second negative threshold, the line is colored fuchsia (also reflected as an arrow); if the line is between thresholds, it is colored aqua.
The Price Delta Heatmap can be used in various trading strategies and applications. Some potential use cases include:
-- Trend identification : The indicator helps traders identify periods of high volatility and potential trend reversals.
-- Volatility analysis : By observing the color changes in the heatmap, traders can gauge the volatility of an asset and adjust their risk management strategies accordingly.
-- Confirmation tool : The indicator can be used as a confirmation tool alongside other technical indicators, such as trend-following indicators or oscillators.
-- Breakout trading : Traders can look for price delta bars of a specific color range to identify potential breakout opportunities.
However, it's important to note that the Price Delta Heatmap has certain limitations. These include:
-- Lagging nature : The indicator relies on historical price data, which means it may not provide real-time insights into price movements.
-- Sensitivity to thresholds : The choice of threshold values affects the indicator's sensitivity and may vary depending on the asset being traded. It requires experimentation and adjustment to find optimal values.
-- Market conditions : The indicator's effectiveness may vary depending on market conditions, such as low liquidity or sudden news events.
Traders should consider using the Price Delta Heatmap in conjunction with other technical analysis tools and incorporate risk management strategies to enhance their trading decisions.
Ultimate Volume Custom ScreenerThis indicator will allow you to make your custom volume TradingView screener without coding. Add it to the chart, and select up to 40 symbols and up to five indicators. The screener will do the rest for you. The indicator will form a lovely table with all values and highlighted signals. It allows also to filter symbols based on the values of indicators and sends results as an alert.
The screener is highly customizable, and you can choose its position on the chart, sorting, order of the columns, colors for the tables, and all signals separately. You can easily change parameters for all supported indicators.
Supported indicators
Currently, there are 15 different custom indicators available. Current list of indicators:
Accumulation/Distribution (Acm/Dst)
Chaikin Money Flow (CMF)
Ease of Movement (EOM)
Klinger Oscillator (KO)
Money Flow Index (MFI)
Negative Volume Index (NVI)
On Balance Volume (OBV)
Positive Volume Index (PVI)
Price
Price-Volume Trend (PVT)
Volume
Volume MA (VMA)
Volume Percentile (V-Prct)
Volume RSI (V-RSI)
Volume Weighted Average Price (VWAP)
We're already working on adding a few more supported indicators. If you have any ideas about the indicators you want to see in our screener, contact us, and we'll consider them.
Filters
You can combine up to 5 filters on all selected indicators.
This will split the screen table into two parts. The top one will contain symbols that satisfy all conditions:
Alerts
You can also create an alert and receive a filtered symbol at the end of every bar.
Disclaimer
Please remember that past performance may not be indicative of future results.
Due to various factors, including changing market conditions, the strategy may no longer perform as well as in historical backtesting.
This post and the script don’t provide any financial advice.
Anchored VWAP+This indicator is an enhanced version of the Anchored VWAP indicator with additional functions:
1. Anchored AP (average price). It removes the volume weighting step in Anchored VWAP, and can display the average price over a period of time. For example, if the price of the stock in the last 3 days is 100, 200, 300, then AP is their average value of 200
2. Anchored AC (average cost). The average cost over time can be displayed. For example, if the price of the stock in the last 2 days is 100,300, then AC is (1+1)/(1/100+1/300)=150
When using the indicator, you need to choose a starting point, then the indicator will start to calculate the subsequent VWAP, AP and AC from this starting point, and draw 3 lines in the graph
These three lines can be regarded as the average cost line of the market, with potential support and resistance effects
We have filled the shadow between VWAP and AP, which can be regarded as a potential support resistance band
===========================中文版本===========================
该指标为增强版本的Anchored VWAP指标。在Anchored VWAP基础上增加了额外功能：
1. Anchored AP。其去掉了Anchored VWAP中成交量加权的步骤，可以显示一段时间的平均价格。举个例子，假如股票最近3天的价格为100，200，300，那么AP为他们的平均值200
2. Anchored AC。可以显示一段时间的平均成本。举个例子，假如股票最近2天的价格为100，300，那么AC为(1+1)/(1/100+1/300)=150
使用指标时你需要先选择一个起点，随后指标将会以该起点开始计算后续的VWAP、AP和AC，并且在图中绘制3根线
这3根线均可以视作是市场的平均成本线，具有潜在的支撑和阻力效果
我们让VWAP和AP之间填充了阴影，该阴影可以视作潜在的支撑阻力带
Displacement (Two FVGs)A simple indicator that attempts to identify displacement in price by alerting you when two simultaneous Fair Value Gaps (FVGs) occur.
When two fair value gaps occur, the indicator will print a green bar (if bullish) or a red bar (if bearish). If you right click on the indicator you can turn on alerts that will pop up every time a dual FVG occurs.
Fair Value Gaps are most commonly used amongst price action traders and are defined as instances in which there are inefficiencies, or imbalances, in the market.
The concept for this indicator is very simple. Apply it to your chart and enable alerts on the instruments and timeframe you trade. When you get an alert, it could indicate larger players getting involved.
This is NOT a trading strategy. Its intention is to save time by alerting you to large imbalances in price on the instruments you trade.
