The script, for Pine Script version 3, shows how to accumulate volume values during a defined session/period. The input is the period to use for accumulation. "D" is the default value, useful to view data for each session. This is slower than version 4 because there is no "var" and you need to use a loop. Also, you can't use "sum( volume , cnt_new_day)" with a...
This indicator shows the combined volume of an entire currency from the majors and crosses. So if you chose USD you get the combined volume of audusd, nzdusd, usdjpy, usdchf, eurusd, gbpusd, usdcad... I made it to see if it would reveal where orders where flowing or perhaps where turning points were etc. There's an example below of how I was trying to use it....
Law of Effort vs Results is a tool to find the price changes based on volume. This tool shows that if there is a high volume occur but the price has small difference in one candle, this will trigger a 'spike'. This spike represents that a high activity has occurred but the price did not reflect as the volume changes. The analogy of this tool can be represented...
Level: 1 Background Elliott wave theory is a method of technical analysis that looks for recurring long-term price patterns that are related to persistent changes in investor sentiment and psychology. The theory identifies waves that are identified as impulse waves that form a pattern and corrective waves that counteract the larger trend. Function L1 Elliott...
Exchange weighted price for cryptocurrencies DECENTRALIZED PRICE CHART FOR DECENTRALIZED WORLD See non-manipulated , globally price action that comes from whole liquidity! The main idea behind this script is that... The value of each trading pair finally determined globally and the price displayed in exchanges is its own and not global! differences...
DAX index (DEU30) hourly volume indicator, which is obtained by adding the sum of the underlying stocks volume. The volume is displayed in millions of EUR.
Money Flow (MFL of MFI) indicator for the DAX index, which works on the hourly timeframe. In order for this indicator to work for you, you must have access to the Xetra (XETR:DAX) tickers, where the underlying stocks of DAX are trading. For some reason Xetra does NOT provide hourly volume so you can't see the money flow using the built-in TradingView indicator....
This oscillator uses a bitcoin weighted moving average as a reference point, its set up to be run on a day chart with weekly, monthly, three monthly and yearly inputs. It is also has a volatility multiplier for the period chosen
Since we don't have tick count per time interval, let's do it this way. Basically "bigger the move bigger the volume" rule applies in most times, making volume alone kinda useless. What is more interesting, is when there was a huge volume within a relatively small range, or vice versa, a huge move without equally increased volume. Without diving into details,...
Hello Guys, I would like to introduce you the ATR color zones with volume radar indicator. It's a fork of @GlobalMarketSignals "GMS: Mr. Yen's Color Zone" shout-out to him. I have enriched it -> that zones are calculated based on the ATR and percentages as described below and volume radar on candle bars. You can select from which timeframe color zones are...
This isn't no ordinary FV equation, this one takes into account regular deposits. I had to derive this equation myself. This calculator calculates future value based on the following inputs: - Present value - Yearly return - Yearly deposit - years Application: Can be used to determine you're future value of your equity curve. C = c*m^n +...
Brief Description: This indicator calculates your position size. It adjusts to the ATR & the maximum amount of risk (% of equity) you can tolerate. Thus, it allows you to control your risk & adapt to market volatility. Recommended settings for parameters: Converted Capital ***Make sure you convert your capital's currency to whatever currency/instrument you...
This script extends my other two Array examples (which I've also provided to you open source): The Ticker-centric 5m,15m,45m,1h,4h,1d resolution labels using arrays: And the more Macro VIX,GLD,TLT,QQQ,SPY,IWM 1d resolution labels using arrays: This script aims to show how to use min/max/avg with Arrays easily. My next example after this will be exploring the...
Candle is considered breakout upon two conditions: 1. Volume is higher than volume ema. Input allows you to add markup so that you can check if volume > 10% more than EMA 2. Change from previous close or distance between open and close is greater than ATR Multiplier * ATR. Breakout color is based on whether the value of previous close is higher or lower than...
This is a collab script with kisshore19 to identify the highest volume candle on the chart each day and mark the highs and lows of that candle.
Based on my previous script "BTC Contango Index" which was inspired by a Twitter post by Byzantine General: This is a script that shows the contango between spot and futures volumes of Bitcoin to identify overbought and oversold conditions. When a market is in contango, the volume of a futures contract is higher than the spot volume. Conversely, when a market is...
This indicator looks for the highs and lows using the highest / lowest of 4 different periods. The default values are 17, 72, 305 and 1292 inspired by BO Williams phicube fractals. The indicator will show anchored vwaps from those 8 dynamic points (4 tops and 4 bottoms). A true trend is defined when 4 fractals line up without much opposite resistance (only the two...