Inizia

Pinescript

Indicators: Better Volume Indicator & InstrumentVolumeBetter Volume Indicator ----------------------------------------- This is a direct port of a famous indicator from Tradestation platform. BVI improves on your typical volume histogram by coloring the bars based on 5 criteria: * Volume Climax Up – high volume, high range, up bars (red) * Volume Climax Down – high volume, high range, down bars (white) * High Volume Churn – high volume, low range bars (green, barcolor= blue) * Low Volume – low volume bars (yellow) * Volume Climax plus High Volume Churn – both the above conditions (magenta) When there are no volume signals the default histogram bar coloring is cyan. Bars can also be colored to match volume color. Enable "Change BarColors?" in the options page. Volume Climax Up bars are typically seen at: * The start of up trends * The end of up trends, and * Pullbacks during down trends. Volume Climax Down bars are typically seen at: * The start of down trends * The end of down trends, and * Pullbacks during up trends. High Volume Churn bars are typically seen at: * The end of up trends * The end of down trends, and * Profit taking mid-trend. Low Volume bars are typically seen at: * The end of up trends * The end of down trends, and * Pullbacks mid-trend. More info: emini-watch.com Instrument Volume ----------------------------------------- This is a simple script that allows you to plot volume for any instrument. Very handy when you want to compare volumes. Just add multiple instances and select the symbol you want via Options page. This script also gets close/open for the selected symbol. If you are itching to get started on Pinescripting (scripting language used at TV), I suggest trying out the following, using this script as the template: - Show RSI for any instrument (hint: "close" for the selected symbol is already in script. Do a "plot(rsi(c, 14))") - MACD / CCI / .... - Plot the difference (not correlation). This may be of interest in some instruments. For ex. BTC in BTCE exchange mostly lags BITSTAMP. Hope this piques your interest in Pine. Feel free to post in the Pinescript room if you have any queries.
Indicatore Pine Script®
di LazyBear
65
Indicator: Volatility Quality Index [VQI]Volatility Quality Index (VQI), by Thomas Stridsman, points out the difference between bad and good volatility in order to identify better trade opportunities in the market. This plots 3 lines: - Red line is the VQI (actually, sum of VQI). - Green line is the 9-period SMA of sum_of_VQI. - Orange line is the 200-period SMA of sum_of_VQI. Stridsman suggested to buy when VQI has increased in the previous 10 bars (use the SMAs) and sell when it has decreased in the previous 10 bars. IMO, use this with your other indicators as a confirmation signal. More info: www.3pips.com To use this indicator in your charts, click on "Share" button (top right on the chart). Click on "Make it mine" button on the dialog that pops up. Now, you will have a copy of this chart with the indicator's source code in it. Click on "{}" to open the source code of VQI_LB and save it to your custom scripts section.
Indicatore Pine Script®
di LazyBear
15
Indicator: Market Facilitation Index [MFIndex] ***** NOTE: You may see all GREEN circles (it is due to a recent TV update). To work around this issue, change the "Circles" to "Cross" via Format -> Style ***** Market Facilitation Index, by Bill Williams, plots the effectiveness of price movement by computing the price movement per volume unit. 4 possible combinations of MFIndex and Volume are: Green : --------------------------------- MFIndex increases and the volume increases. This means that the amount of participants entering the market increases, therefore the volume increases and the fresh incoming players align their positions in the direction of candlestick growth. Fade : ------------------------------ MFIndex falls and volume falls. It means that the market participants are indifferent and the price movement is small on small volumes. This usually happens at the end of a trend. Fake : ------------------------------ MFIndex increases, but the volume falls. It is highly likely that the market is being supported by broker speculation and not any significant client volume. Squat : -------------------------------- MFIndex falls, but the volume increases. In this particular situation bulls and bears are fighting between themselves to see who will dominate the next trend. These battles are noticeable by the large sell and buy volumes. However, the price does not change appreciably since the strengths are equal. One of the competing parties either the buyers or the sellers will ultimately triumph in the battle. Usually, the fracture of such a candle indicates if this particular candle determines the continuation of the trend, or terminates the trend. More info: en.wikipedia.org Code: pastebin.com
Indicatore Pine Script®
di LazyBear
25
Indicators: Twiggs Money Flow [TMF] & Wilder's MA [WiMA]TMF is a CMF (Chaikin Money Flow) variation that addresses some of the gaps in the original indicator. More info: www.incrediblecharts.com TMF uses true range, rather than daily Highs minus Lows. Also, uses Wilder's MA rather than SMA/EMA. Since I had to write Wilder's MA (WiMA) for TMF, I have published that also as a separate indicator. WiMA is like EMA, but with a different "alpha" value. How to include this in your charts? ----------------------------------------------- - Click on "Share" button (top right on this chart). A dialog box opens up. - Click on "Make it mine" button. This will create a copy of my published chart for you to edit. - You can click on "{}" button next to the indicator name to get access to the source code. - Save it to your CustomScripts library.
Indicatore Pine Script®
di LazyBear
28