Introduction Heyo, here are some adaptive VWAP Standard Deviation Bands with nice colors. I used Ehlers dominant cycle theories and ZLSMA smoothing to create this indicator. You can choose between different algorithms to determine the dominant cycle and this will be used as reset period. Everytime bar_index can be divided through the dominant cycle length and the...
Implementation of Charlie Q. Yang's research paper “The stock market emotion index”, subtitle “A New Sentiment Measure Using Enhanced OBV and Money Flow Indicators”, (2007) where he combined “five simple emotion statistics” - Close Emotion Statistic (CES), Money Flow Statistic (MFS), Supply Demand Statistic (SDS), Relative Strength Statistic (RSS), and...
This script identifies candle that have a volume spike and tracks how much price action has retraced to back fill those candles. Setting can control the degree of volume spike and the median level of the candle body.
This script is meant to only show you the most significant volume moves. The way it works is it takes the cumulative sum of the delta of the volume. You can go from current all the way to ten bars back in your delta window. Review on what volume is: The Volume indicator measures how much of a given financial asset has traded in a specific period of time. Volume...
This indicator shows the increased volume compared to the previous volume. A flag is displayed when the trading volume increased by *n of the previous candle. Receive a signal as an alert. Thank you. (Please comment and click on the rocket.) ------------------- 이 지표는 이전 캔들의 거래량 대비 증가된 거래량을 확인할 수 있습니다. 깃발을 사용하여 증가 감소를 확인할 수 있으며 n배 만큼의 증가 되었을때 표시됩니다. 그리고 깃발이 표시될...
REVE stands for ‘Range Extensions Volume Expansions’. It seeks to report the same as the REVE which I published before. However the code uses a different algorithm to find the ‘usual range’ or ‘usual volume’ to which the current range and volume is compared. In the old REVE a function is coded which mimics a median() function.. In this code the median() function...
Dear followers, today I'm releasing a free tool to show on your chart the total volume for the ticker you are navigating amongst most important crypto exchanges , both spot and futures pairs: binance, bybit, ftx, coibase, kucoin, bitget, huobi, bitifnex, kraken. Hope it can help you to visualize traders' actions at key points and be more profitable! -- astropark
What are TPOC & VPOC? TPOC (time point of control) and VPOC (volume point of control) are points in price where highest amount of time/volume was traded. This is considered key information in a market profile, as it shows where market participant interest was highest. Unlike full fledged market profile that shows total time/volume distribution, this script shows...
OVERVIEW The Change of Volatility indicator is a technical indicator that gauges the amount of volatility currently present in the market. The purpose of this indicator is to filter out with-trend signals during ranging/non-trending/consolidating conditions. CONCEPTS This indicator assists traders in capitalizing on the assumption that trends are more likely...
This script allows you to keep track of Forex market sessions (Tokyo, London and New York), as well as Daily, Weekly and Monthly sessions. All of them are accompanied by Volume Profile options where you can view VP Histogram, Point of Control, Value Area High and Value Area Low. Colors, lines and other design preferences are fully customizable. * Volume Profile...
This indicator displays the volume in the currency of the asset. It also draws the average for a certain period and the average multiplied by the coefficient. If the volume is higher than the average multiplied by the coefficient, then the histogram bars and candlesticks on the chart are highlighted in color. Also, the indicator sends alerts at such moments. The...
This indicator shows inducement / stop hunts accompanied by volume spikes. The idea is inspired by ICT (Inner Circle Trader) concepts where price is always seeking "liquidity" by reaching for trivial pivots where the average retail trader would put their stop loss. When price seeks these levels and stops out these traders, you might expect an influx of volume due...
There are some ideas out there that the market is like a collection of quantum events and that it could all be broken down into sine waves. I created this script to put that to the test. The idea is simple, I tested 3 different factors that could be put into sine wave form. 1.) Bar Change 2.) Volume Average Change 3.) Coin Flip For the bar change, I...
This indicator detects Signs of Strength (SOS) and Signs of Weakness (SOW) on individual candles. SOS/SOW are detected by measuring volume as a comparison to a moving average, price making a swing high or swing low, and candlesticks meeting certain criteria. All these different factors are weighted (importance) and added together to create a total score. Scores...
PVSRA volume bars color coded to PVSRA vector candles and with override option and configurable moving average. Indicator displays volume bars color coded to PVRSA price action and allows the user to override the chart symbol. Developed for TradersReality by infernixx with library conversion by peshocore.
Chaikin Money Flow is a well-known Indicator for gauging buying/selling pressure. Marc Chaikin intended this to be used on the daily timeframe to capture the behavior of price action at or near the daily close when larger-scale actors influence the market. The calculation is straight forward as described within the built-in TradingView "CMF" indicator: 1. Period...
Correlation-Co _OI This Indicator uses a Correlation Coefficient to compare a Crypto Currency to the Binance Open Interest feed if the data is provided A move in the same direction is indicated with a positive value (the indicator will move up) A move in the opposite direction the indicator will indicate with a negative value (the indicator will move down) If...
HOW TO USE: This script is designed to be used on MES primarily. ES works as well but much more capital is needed. 3000 per contract is the recommended amount of initial capital. This number is a combination of the maintenance requirements to hold a contract through the settlement period and an additional amount for any drawdown. 1k maintenance + 2k drawdown...