[TTI] Zanger Volume Ratio - Intraday

The Zanger Volume Ratio - Intraday indicator is inspired by the work of Dan Zanger, a renowned trader and creator of the Zanger Volume Ratio tool. This specific adaptation of the ratio is designed for the TradingView platform and focuses on intraday trading. Dan Zanger used this same method of reading the chart to establish a world record in turning 10 ,775 into 18 ,000,000 in under 2 years.

The Zanger Volume Ratio - Intraday indicator measures the estimated end-of-day volume percentage based on intraday (depending on the timeframe of your chart) comparisons for the last X days (input in the settings). It provides insights into the stock's trading volume in real-time throughout the trading day, giving traders an idea of the stock's relative volume compared to its recent trading history. For instance if you add it to a 5min chart the ratio represents the estimated end of day volume percent based on the last 3 days, the indicator will compare the cumulative volume of the current day to the X days back cumulative average up to that same point in time and tell you how it is around the thresholds.

The indicator categorizes the volume into five levels: Extreme, High, Average, Light, and Dry Up, each represented by different colors on the chart. It also displays a pace indicator, which shows whether the volume is increasing or decreasing during the trading session.

There is also a label that shows the current reading and its pace. The pace is the indication wether the volume ratio pace is increasing and picking up or it is slowing down.

👉EXTREME (red): >200, means "Volume is 200% of average daily volume
👉HIGH (magenta): 110
👉AVERAGE (peach): 85
👉LIGHT (orange): 60
👉DRY (gray): <60

To use the Zanger Volume Ratio - Intraday indicator effectively, follow these steps:

1️⃣ Apply the indicator to your TradingView chart with an intraday timeframe (>=1min and less than 1 day).

2️⃣Observe the real-time volume levels and their corresponding categories (Extreme, High, Average, Light, and Dry Up) to understand the current volume dynamics.

3️⃣Keep an eye on the pace indicator (arrows) to see if the volume is increasing or decreasing during the session.

4️⃣Use the information provided by the indicator to confirm trade setups, identify potential breakouts, or detect possible reversals. For example, a stock breaking out of a key area with high or extreme volume and an increasing pace arrow may indicate a strong upward move. Conversely, a stock pulling back on light or dry up volume could signal a continuation of the trend once the volume picks up again.

Remember to combine the Zanger Volume Ratio - Intraday indicator with other technical analysis tools and your own trading strategy to make informed decisions.

👉 I provide FREE EDUCATION + COURSES here: tintintrading.substack.com/

👉 I share my TRADING everyday here: discord.gg/gTmcqWyWWe

👉 I sell premium indicators here: tradingviewindicators.net
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 TintinTrading für weitere Informationen oder folgen Sie den Anweisungen des Autors unten.

TradingView rät davon ab, für ein Skript zu bezahlen und es zu verwenden, bis Sie dem Autor zu 100% vertrauen und verstehen wie das Skript funktioniert. In vielen Fällen können Sie eine gute Open-Source-Alternative kostenlos in unserer öffentlichen Bibliothek finden.


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.

Hinweise des Autors

👋 Hey there! Thanks for your interest in my invite-only script! 🎉 To get access, follow any of these steps: 1️⃣ Direct message me here on TV OR 2️⃣ 🔗Click on this link: linktr.ee/tintintrading

Möchten Sie dieses Skript auf einem Chart verwenden?

Warnung: Bitte lesen Sie dies, bevor Sie Zugriff anfordern.