INVITE-ONLY SCRIPT
Vol UP/DOWN BANDS V.1.1
Vol UP/DOWN BANDS V.1.1
Indicator Type: Volume-Based Bands and Price Moving Average Overlay
This invite-only indicator offers traders a valuable tool for identifying key shifts in market momentum through the interaction of volume dynamics and price action. The indicator plots upper and lower volume-based bands alongside a customizable price moving average (MA) to help reveal potential turning points in the market.
Key Features:
Volume-Based Upper and Lower Bands: These bands, derived from proprietary calculations of volume delta and price action, help distinguish between periods dominated by buyers or sellers. The green upper band highlights times when buyers are in control, while the red lower band indicates selling pressure is dominant.
Customizable Price Moving Average: The price MA (blue line) smooths out short-term price fluctuations, providing a clear reference point around which the volume bands fluctuate. This helps identify key shifts in market trends.
Flexible Timeframes: Users can customize the timeframe for volume calculations, giving the indicator greater flexibility across different markets and time horizons.
Smoothed Bands: The upper and lower bands are smoothed to reduce noise, allowing traders to focus on significant volume-driven price movements.
Chart Example: The chart above demonstrates how the upper band (green line) signals strong buying momentum, while the lower band (red line) indicates periods of heavy selling pressure. The price MA (blue line) serves as a central benchmark, helping to highlight significant trends in price action relative to volume.
Disclaimer: This script is for educational and informational purposes only and is not intended as financial or investment advice.
Indicator Type: Volume-Based Bands and Price Moving Average Overlay
This invite-only indicator offers traders a valuable tool for identifying key shifts in market momentum through the interaction of volume dynamics and price action. The indicator plots upper and lower volume-based bands alongside a customizable price moving average (MA) to help reveal potential turning points in the market.
Key Features:
Volume-Based Upper and Lower Bands: These bands, derived from proprietary calculations of volume delta and price action, help distinguish between periods dominated by buyers or sellers. The green upper band highlights times when buyers are in control, while the red lower band indicates selling pressure is dominant.
Customizable Price Moving Average: The price MA (blue line) smooths out short-term price fluctuations, providing a clear reference point around which the volume bands fluctuate. This helps identify key shifts in market trends.
Flexible Timeframes: Users can customize the timeframe for volume calculations, giving the indicator greater flexibility across different markets and time horizons.
Smoothed Bands: The upper and lower bands are smoothed to reduce noise, allowing traders to focus on significant volume-driven price movements.
Chart Example: The chart above demonstrates how the upper band (green line) signals strong buying momentum, while the lower band (red line) indicates periods of heavy selling pressure. The price MA (blue line) serves as a central benchmark, helping to highlight significant trends in price action relative to volume.
Disclaimer: This script is for educational and informational purposes only and is not intended as financial or investment advice.
Skript nur auf Einladung
Der Zugriff auf dieses Skript ist auf vom Autor autorisierte User beschränkt und normalerweise kostenpflichtig. Sie können es zu Ihren Favoriten hinzufügen, aber Sie können es nur verwenden, nachdem Sie die Erlaubnis angefordert und vom Autor erhalten haben. Kontaktieren Sie ata_sabanci für weitere Informationen oder folgen Sie den Anweisungen des Autors unten.
TradingView empfiehlt nicht, ein Script zu kaufen, wenn Sie den Autor nicht zu 100 % als vertrauenswürdig halten, oder nicht verstehen, wie das Script funktioniert. In vielen Fällen können Sie auch eine gute und kostenlose Open-Source-Alternative in unseren Community-Scripts entdecken.
Hinweise des Autors
″To request access to this script, please contact me via email at ata.sabanci@outlook.com or reach out on X (formerly Twitter) at @sabanci_ata. Be sure to provide your TradingView username and a brief note explaining your interest in using the script.
Möchten Sie dieses Skript auf einem Chart verwenden?
Warnung: Bitte lesen Sie dies, bevor Sie Zugriff anfordern.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.