OPEN-SOURCE SCRIPT

VOLUME Full [Titans_Invest]

127
VOLUME Full [Titans_Invest]
Designed for traders who want to take volume analysis to the next level.
This version delivers deeper insight into volume activity, integrating multiple customizable filters to highlight key buying and selling pressure. It's a comprehensive solution for volume-based decision-making.

⯁ WHAT IS THE VOLUME❓
The Volume indicator is a fundamental technical analysis tool that measures the number of shares or contracts traded in a security or market during a given period. It helps traders and investors understand the strength or weakness of a price movement, confirm trends, and predict potential reversals. Volume is typically displayed as a histogram below a price chart, with each bar representing the volume traded during a specific time interval.

⯁ HOW TO USE THE VOLUME❓
The Volume indicator can be used in several ways to enhance trading decisions:

• Trend Confirmation: High volume during a price move confirms the strength of that trend, while low volume can indicate a weak or unsustainable trend.

• Breakouts: A price breakout from a pattern or range accompanied by high volume is more likely to be valid and sustainable.

• Divergence: When the price moves in one direction and volume moves in the opposite direction, it can signal a potential reversal.

• Overbought/Oversold Conditions: Extreme volume levels can sometimes indicate that an asset is overbought or oversold, though this is less straightforward than with oscillators like the RSI.


⯁ ENTRY CONDITIONS
The conditions below are fully flexible and allow for complete customization of the signal.

______________________________________________________
🔹 CONDITIONS TO BUY 📈
______________________________________________________
 ▪︎   Signal Validity: The signal will remain valid for X bars.
 ▪︎   Signal Sequence: Configurable as AND or OR.

🔹 volume Positive
🔹 volume Negative
🔹 volume > volume[1]
🔹 volume < volume[1]
🔹 volume > volume_MA
🔹 volume > volume_MA * Trigger Signal (close > open)
🔹 volume > volume_MA * Trigger Signal (Keep State P)
🔹 volume > volume_MA * Trigger Signal (close < open)
🔹 volume > volume_MA * Trigger Signal (Keep State N)
______________________________________________________

______________________________________________________
🔸 CONDITIONS TO SELL 📉
______________________________________________________
 ▪︎   Signal Validity: The signal will remain valid for X bars.
 ▪︎   Signal Sequence: Configurable as AND or OR.

🔸 volume Positive
🔸 volume Negative
🔸 volume > volume[1]
🔸 volume < volume[1]
🔸 volume > volume_MA
🔸 volume > volume_MA * Trigger Signal (close > open)
🔸 volume > volume_MA * Trigger Signal (Keep State P)
🔸 volume > volume_MA * Trigger Signal (close < open)
🔸 volume > volume_MA * Trigger Signal (Keep State N)
______________________________________________________

______________________________________________________
🤖 AUTOMATION 🤖

• You can automate the BUY and SELL signals of this indicator.
______________________________________________________

______________________________________________________
⯁ UNIQUE FEATURES
______________________________________________________
  1. Signal Validity: The signal will remain valid for X bars
  2. Signal Sequence: Configurable as AND/OR
  3. Condition Table: BUY/SELL
  4. Condition Labels: BUY/SELL
  5. Plot Labels in the Graph Above: BUY/SELL
  6. Displays Positive & Negative Volume.
  7. Automate and Monitor Signals/Alerts: BUY/SELL

  1. Signal Validity: The signal will remain valid for X barsSnapshot
  2. Signal Sequence: Configurable as AND/ORSnapshot
  3. Table of Conditions: BUY/SELL
    Snapshot
  4. Conditions Label: BUY/SELL
    Snapshot
  5. Plot Labels in the graph above: BUY/SELL
    Snapshot
  6. Displays Positive & Negative Volume.
    Snapshot
  7. Automate & Monitor Signals/Alerts: BUY/SELL
    Snapshot


______________________________________________________
📜 SCRIPT : VOLUME Full [Titans_Invest]

🎴 Art by  : Titans_Invest & DiFlip
👨‍💻 Dev by : Titans_Invest & DiFlip

🎑 Titans Invest — The Wizards Without Gloves 🧤

✨ Enjoy!
______________________________________________________


o Mission 🗺
• Inspire Traders to manifest Magic in the Market.

o Vision 𐓏
• To elevate collective Energy 𐓷𐓏

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.