* XPrecisionSwing (XPS) Indicator * Is a visual representation of the Forces of Supply / Demand in the markets in the form of UP and DOWN waves. The Supply / Demand (denoted by a number on top or below the wave line) is computed using the *MBox Precision Supply / Demand* algorithm. These numbers diligently show the forces of Supply and Demand moving price in the...
Introduction Initial Balance (IB) refers to the price data that is formed during the first hour of a trading session. It is an important concept in trading as it provides insights into the market's opening sentiment and potential trading opportunities or reversals for the day. There are multiple trading sessions throughout the day. The most popular, the NY...
This script generates a footprint-style bar (profile) based on the aggregated volume or open interest data within your chart's visible range. You can choose from three different heatmap visualizations: Volume Delta/OI Delta, Total Volume/Total OI, and Buy vs. Sell Volume/OI Increase vs. Decrease. How to use the indicator: 1. Add it to your chart. 2. The script...
█ Introduction ASE Supply & Demand is a multi-timeframe Supply and Demand zone indicator based on the Order Block concept. Order Blocks are a price action concept defined as a basing candle followed by a breakout candle (as seen in the chart below). A basing candle typically shows a slowing down in price action, foreshadowing a reversal and initial institutional...
Order Flow Footprint Real-time chart (also known as Cluster chart, bid/ask profile, bid/ask cluster, numbered bars) is a concept of drawing candle internal structure and showing bid and ask transactions inside the candle. Values on left side of a candle are bids - Transactions done by active sellers with passive buyers. Values on right side of a candle are asks -...
Order flow register is a tool showing history of transactions done recently. It analyze volume and price data to estimate how many "bid" and "ask" transaction was done on the market. Typically bid transactions are done by active sellers (with passive buyers) and ask by active buyers (with passive sellers). The advantage of ask transactions shows the emotions of...
- This script was developed to accompany order flow analysis on other platforms where volume candle charts can be tracked. - The plot shows where volume blocks of a certain size have been completed, and a color change shows when they are getting close to completion. - The accumulative volume count starts from zero at the beginning of each daily session. -...
This indicator maps out Market Structure using real time price action rather than simply pulling "pivot" points. Use to see at a glance where a BOS or CHoCH has occurred and where the current and historic highs and lows are. - M-BOS happens when a main break of structure occurs (trend continuation) the continuation of a bullish or bearish trend. User...
Remove plot line for a better view. I've made this to work on "US30 Global Prime" probably works on other pairs the codes left open to mod. This Indicator shows 3 sessions to help you focus on timing. This will help you with learning pattern recognition aswell. 1. Gray zone is spreads. The gray zone will show up 30 min before spreads open up. 2. Blue is new...
This script represents a simple footprint system which can currently be applied on time based candles only. Options: Display Bid/Ask volumes at price Display horizontal delta at price Highlight Buuying/Selling/Both imbalances at price (default, green, red or orange(both) background color) Highlight the POC of the current candle (yellow cell border) ...
This scripts calculates the cumulative volume delta within the current day. Options allow you to change the display type of this data (3 different configurations are given in the chart above) The following options are available: Colors selection Reset cumulative delta everyday (can be disable to keep a continuous calculation of the delta over days) Show...
* XPACE INDICATOR * The XPace indicator represents a histogram view of the Tape Speed of the Floor. The Tape Speed (aka Pace) is represented as red and green bars drawn in a histogram view. As the red histogram bars grow larger and increase in frequency, this shows that the BIDS are in kontrol at that time. And conversely, when the green histogram bars grow...
* XKONTROL INDICATOR * Is a visual representation of who is in Kontrol relative to the Tape Speed of the Floor. The XKontrol indicator will show you who is in Kontrol, the BIDS or the OFFERS. This is a very powerful indicator. Great for long term plays and a *SCALPERS* paradise. * WHAT THE SCRIPT DOES * The XKontrol indicator reads the BIDS Being hit and the...
It is a Merged Version of our following two indicators. V.C Box Chart Histogram & V.C Cumulative Delta Histogram. We merged them at the user's request & convenience. This merged version also helps to save space for other indicators. Description & Usage Description & Usage will remain the same as described in individual descriptions of the above-mentioned...
The V.C Cumulative Delta Histogram shows the market's ongoing Buying/Selling pressure. It helps to determine whether Supply or Demand is dominating and in control. ➤If the Cumulative Delta Increases, the buyers are in control.➚ ➤If the Cumulative Delta Decreases, the sellers are in control.➘ The use cases for this Indicator are vast and correlated...
Let's first learn what is Delta & How to Use Cumulative Delta Volume Bars? Cumulative Delta Volume Bars is one of the leading indicators that you can use when trading order flow. It gives you an instant snapshot of the buying and selling pressure in a market. After reading the detailed description of "Cumulative Delta Volume Bars," you will understand how volume...
V.C Box Chart Histogram draws the cumulative delta that correlates to another indicator named ''V.C Box Chart Index'' . (In other words, ''V.C Box Chart Histogram'' & ''V.C Box Chart Index'' are correlated.) V.C Box Chart Histogram draws the cumulative delta as histogram based on ''V.C Box Chart Index''. Combining these two indicators empowers you to see...
We bring you dynamically created fundamental support and resistance analysis required for any instrument a trader trades. Support & Resistance Concept The concepts of trading level support and resistance are undoubtedly two of the most highly discussed attributes of technical analysis . As part of analyzing chart patterns, these terms are used by traders to...