Better Volume - a separate, non-overlaid volume indicatorHey guys
Coming at you again with a very simple script for displaying volume that is not overlaid on the price chart. This volume is in a separate indicator window for when you don't want the volume to get in your way. Bonus: default colors are color matched to default volume indicator (can be changed in the "Style" tab under settings). Includes the moving average as well, with the option to hide it if desired
Inspired by @tradedevils
Cerca negli script per "volume"
Weis Wave VolumeThis indicator is based on the Weis Wave described by David H. Weis in his book Trades About to Happen: A Modern Adaptation of the Wyckoff Method, more info how to use this indicator can also be found in this video . The Weis Wave is an adaptation of Richard D. Wyckoff’s method Wave Charts. It works in all time periods and can be applied to all asset types. For assets that do not support volume Weis propose in his book to use the true range instead, so if you want to use this indicator for assets that do not support volume, make sure to enable the checkbox "Use True Range instead of Volume".
Unlike other implementations I found here on Trading, this implementation make use of a Renko-like zig zag pattern, very similar to how it is described in David H. Weis' book. The settings for the zig zag pattern are very similar to the standard Renko settings here on TradingView, in the "Renko Assignment Method" you either chose "ATR" or "Traditional" (read more about it here ). The ATR length or the brick size is then entered in the textbox "Value". You can also chose another setting in the "Renko Assignment Method" drop down named "Part of Price" which calculate the brick size from the current close and divide it by the value in the text box "Value". It is also possible to chose if the zig zag pattern shall use the high/low, the open/close or just the close as the most extreme values in its calculation, you select this in the drop down "Price Source". If you want the price to oscillate around a zero value, enable the "Oscillating" checkbox.
TradingView's pine script does currently not support to print non-static text on the chart, so it is not possible at this point to write out the volume on the zig zag chart. It is also not possible to have both an overlay and separate chart pane in the same indicator, therefor this indicator is split up in two.
You can find the zig zag indicator here:
Bitfinex margin change / total volumeThis script tracks the net Bitfinex margin sizes from candle to candle (longs - shorts), and divide it by the total volume from the previous candle. This should give you a ratio of net margin trading volume over total volume on Bitfinex.
Note that assuming the delay is not severe, this ratio should never exceed 1 or -1 (since margin traded volume should strictly be lower than total traded volume during any time interval). As you can see clearly however, the ratio exceeds 1 and -1 quite frequently. Thanks to @CryptoTrendy on Twitter for bringing this issue to attention. Our trading group has noticed this issue ever since they introduced the tickers, and we suspect there are severe inaccuracies in either one, or both of the margin and total volume tickers.
BTC World Volume (Multi-Exchange)Release: 2018-03-29
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WHAT IT DOES
Bitcoin is listed on multiple exchanges. Many people have called for a single global index that would quote BTC volume across all exchanges: this script is such a virtual volume aggregate of the 17 largest fiat exchanges on TradingView (listed in the script comments, and in Format > Inputs for you to select). It includes USD, EUR, JPY, KRW and USDT sources.
It will, independently for each tick, quote the volume from all selected exchanges and display a stacked representation, freely inspired from CoinMarketCap charts; also a Moving Average. Each fiat/continent has its own general color, to be able to quickly glance at where volume is coming from, e.g. BitMEX or Asia. (colors are based on Google's Material Design).
By default:
Grey: BitMEX
Green: USD
Yellow: Tether (USDT)
Red: Asia (JPY, KRW)
Blue: Europe (EUR)
No more "on Coinbase this" or "on Bitstamp that", you've now got a global overview! It becomes easy to debunk a few common myths.
See CoinMarketCap for reference.
Note: Bitmex is not taken into account in CoinMarketCap (afaik) since it's trading a derivative asset (XBTUSD contracts), but it usually amounts to ~50% of the overall BTC volume in USD value. The 16 other exchanges quote their volume in BTC, and they represent 30~40% of the overall BTC volume. I believe the whole is good enough to smooth out exchanges variations, and get a fair representation of real-time activity.
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HOW TO USE IT
Just add it to your chart, it will appear as a separate indicator. By default, it appears as stacked colored "areas". There is also a total volume Histogram, which is transparent by default: you can tweak that in Format > Style.
The darker and lighter backgrounds are respectively indicative of a downward price candle (open > close), or an upward price candle (close > open). They are unrelated to volume and simply help interpreting the indicator.
You can check/uncheck exchanges in the Format > Inputs tab to remove/add some of them from computation. All are enabled by default.
You can check/uncheck exchanges in the Format > Style tab to hide them (usually you would hide all or none).
You can edit colors and transpareny as well for each exchange.
You can edit "Volume histogram" transparency to have it show (it's a simpler representation than areas).
Moving Average: You can select the type (SMA, EMA, DEMA or TEMA) and length.
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Please leave feedback below or pm me directly for bugs and suggestions.
CMYK VOLUME CROPPED ◊ Introduction
This is a simple volume script, colored in the CMYK theme.
Cropping occurs when VOLUME > 5 * EMA, and is Shown with a transparant bar across the screen.
This way, large volume peaks don't influence scaling anymore.
◊ Adjustments
CMYK color theme applied.
Crops volume peaks, to preserve scaling.
◊ Usage
Indicates Volume
◊ Future Prospects
None
◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ CMYK SCRIPTS ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊
░▒▓█ CMYK ◊ VOLUME █▓▒░
░▒▓█ CMYK ◊ RMI █▓▒░
░▒▓█ CMYK ◊ RMI ARROWS █▓▒░
░▒▓█ CMYK ◊ HIGH LOW █▓▒░
Normalized Volume by vosechuThis script adds a volume indicator that is normalized by SMA(50) by default. This will help you easily see whether the volume is _actually_ high or not. It also highlights when volume is exceeding the average by making the column a darker color.
Caveats:
* This changes the volume into a percentage, so don't use this number for calculations
Hints:
* Make sure to set your "bottom margin" to 0% or the volume chart will appear to be floating above the bottom
Klinger Volume Oscillator (KVO) Backtest The Klinger Oscillator (KO) was developed by Stephen J. Klinger. Learning
from prior research on volume by such well-known technicians as Joseph Granville,
Larry Williams, and Marc Chaikin, Mr. Klinger set out to develop a volume-based
indicator to help in both short- and long-term analysis.
The KO was developed with two seemingly opposite goals in mind: to be sensitive
enough to signal short-term tops and bottoms, yet accurate enough to reflect the
long-term flow of money into and out of a security.
The KO is based on the following tenets:
Price range (i.e. High - Low) is a measure of movement and volume is the force behind
the movement. The sum of High + Low + Close defines a trend. Accumulation occurs when
today's sum is greater than the previous day's. Conversely, distribution occurs when
today's sum is less than the previous day's. When the sums are equal, the existing trend
is maintained.
Volume produces continuous intra-day changes in price reflecting buying and selling pressure.
The KO quantifies the difference between the number of shares being accumulated and distributed
each day as "volume force". A strong, rising volume force should accompany an uptrend and then
gradually contract over time during the latter stages of the uptrend and the early stages of
the following downtrend. This should be followed by a rising volume force reflecting some
accumulation before a bottom develops.
You can change long to short in the Input Settings
Please, use it only for learning or paper trading.
Klinger Volume Oscillator (KVO) Strategy The Klinger Oscillator (KO) was developed by Stephen J. Klinger. Learning
from prior research on volume by such well-known technicians as Joseph Granville,
Larry Williams, and Marc Chaikin, Mr. Klinger set out to develop a volume-based
indicator to help in both short- and long-term analysis.
The KO was developed with two seemingly opposite goals in mind: to be sensitive
enough to signal short-term tops and bottoms, yet accurate enough to reflect the
long-term flow of money into and out of a security.
The KO is based on the following tenets:
Price range (i.e. High - Low) is a measure of movement and volume is the force behind
the movement. The sum of High + Low + Close defines a trend. Accumulation occurs when
today's sum is greater than the previous day's. Conversely, distribution occurs when
today's sum is less than the previous day's. When the sums are equal, the existing trend
is maintained.
Volume produces continuous intra-day changes in price reflecting buying and selling pressure.
The KO quantifies the difference between the number of shares being accumulated and distributed
each day as "volume force". A strong, rising volume force should accompany an uptrend and then
gradually contract over time during the latter stages of the uptrend and the early stages of
the following downtrend. This should be followed by a rising volume force reflecting some
accumulation before a bottom develops.
WARNING:
This script to change bars colors.
Volatility Finite Volume Elements Strategy The FVE is a pure volume indicator. Unlike most of the other indicators
(except OBV), price change doesn?t come into the equation for the FVE
(price is not multiplied by volume), but is only used to determine whether
money is flowing in or out of the stock. This is contrary to the current trend
in the design of modern money flow indicators. The author decided against a
price-volume indicator for the following reasons:
- A pure volume indicator has more power to contradict.
- The number of buyers or sellers (which is assessed by volume) will be the same,
regardless of the price fluctuation.
- Price-volume indicators tend to spike excessively at breakouts or breakdowns.
This study is an addition to FVE indicator. Indicator plots different-coloured volume
bars depending on volatility.
You can change long to short in the Input Settings
Please, use it only for learning or paper trading. Do not
Volatility Finite Volume Elements Strategy The FVE is a pure volume indicator. Unlike most of the other indicators
(except OBV), price change doesn?t come into the equation for the FVE
(price is not multiplied by volume), but is only used to determine whether
money is flowing in or out of the stock. This is contrary to the current trend
in the design of modern money flow indicators. The author decided against a
price-volume indicator for the following reasons:
- A pure volume indicator has more power to contradict.
- The number of buyers or sellers (which is assessed by volume) will be the same,
regardless of the price fluctuation.
- Price-volume indicators tend to spike excessively at breakouts or breakdowns.
This study is an addition to FVE indicator. Indicator plots different-coloured volume
bars depending on volatility.
Negative Volume Index Strategy The theory behind the indexes is as follows: On days of increasing
volume, you can expect prices to increase, and on days of decreasing
volume, you can expect prices to decrease. This goes with the idea of
the market being in-gear and out-of-gear. Both PVI and NVI work in similar
fashions: Both are a running cumulative of values, which means you either
keep adding or subtracting price rate of change each day to the previous day`s
sum. In the case of PVI, if today`s volume is less than yesterday`s, don`t add
anything; if today`s volume is greater, then add today`s price rate of change.
For NVI, add today`s price rate of change only if today`s volume is less than
yesterday`s.
[ST] Volume Flow v6Latest update to the volume flow indicator. It calculates volume fraction up and down based on candle shape: body counts twice one way, wicks count both ways. Total volume (positive + negative) is the regular volume. Additionally, I added breakout detection, oscillator, colored candles for easy trend following, reversal warnings, high and low volume alarms. Every aspect uses volume for calculations.
What some parts mean : i.imgur.com
Hope this helps someone, I use it myself as signals for confirmations. Tips are cool, but saying thanks is plenty as well :)
Colored Volume Bars with Standard Deviation from the MeanI have updated the indicator to help visualize volume . The percentage scale is based on a 21 period look back average . The colored volume bars represent volumes that exceed specified standard deviation of this 21 period average as indicated in the figure. The deviation bands are based on a the 55sma of the 21 period average (brown line). A 8 period sma of the 21 moving average (red line) is also indicated.
Volume (D)EMAA simple yet configurable indicator that shows recent traffic volumes.
The time period is specified as weeks/days/hours/minutes, not as bars.
For using the generalized double EMA, set the velocity to something other than zero.
Volume Weighted Market Mean 3.0 [Dia]150924 - v3.0
This script is a complete rewrite of the previous version here .
It gathers market data from up to 8 different Bitcoin exchange pairs (8 is maximum due to script limitations).The influence of each single exchange can be customized individually, default is 50% for 0-fee exchanges, 10% for futures and 100% for all others. For each single exchange a standard deviation from the composite mean price and a average price range are determined. To make data from exchanges with different liquidity comparable, all single exchange price ranges are normalized to the range of the composite mean price. To make data from exchanges with different fee structure (= exchanges that constantly trade at a premium / discount) comparable, all single exchange prices are corrected by their respective standard deviations. To account for trade volume, all price data is weighted by the current candles volume.
- optional Heikin Ashi candle display
- optional EMAs
- lots of switches to play around with ;-)
Dollar normalized volumeAn indicator that multiply the closing price with the current volume. (close X volume)
This will show the relative interest in the underlying asset regardless of the price change over time. For the case of FXCM, when the price fell from $16 to $1, its volume spiked 16x at the same time given the fact that 16x more shares can now be purchased with the same amount of dollar.
Enjoy! and remember to give a thumbs up.
