shtcoinr

Volume Based S/R

I got a question if it would be possible to Automatically draw S/R levels based on Volume rather than RSI as I had earlier done in this script; Well it certainly is and it looks as though it might even be tradeable.

The indicator compares the size of volume bars so that if there is a noticeable increase in volume (noticeable here meaning above the indicator threshold) it marks the bar high and low prior to the bigger volume candle.
Von Favorisierten Skripten entfernen Zu Favorisierten Skripten hinzufügen
The script is very nice , thanks for your effort !
+1 Antworten
Hii it works well... can we know what is that sigma you have commented can we know more about that.... Thanks for the indicator...
Antworten
shtcoinr nivasdhina
Antworten
@shtcoinr, thanks for your response.... will try that....
Antworten
Excellent work dude, I love this idea. I have an iteration of this myself that I'll refine and send on to you, but I really like this version. Thanks for sharing
+4 Antworten
shtcoinr chrysopoetics
@chrysopoetics, Thanks, please do.
+4 Antworten
Startseite Aktien-Screener Forex-Screener Krypto-Screener Wirtschaftskalender Shows So funktioniert es! Chartmerkmale Preise Einen Freund empfehlen Hausregeln Hilfe Center Webseite & Brokerlösungen Widgets Charting Lösungen Lightweight Charting Library Blog & News Twitter
Profil Profileinstellungen Konto und Abrechnung Einen Freund empfehlen Meine Support Tickets Hilfe Center Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden