The Delta ZigZag indicator is focused on volume analysis during the development of ZigZag lines. Volume data can be retrieved from a Lower timeframe (LTF) or real-time Tick data. Our Delta ZigZag publication can be helpful in detecting indications of a trend reversal or potential weakening/strengthening of the trend. This indicator by its very nature...
🌟🚀 Dive into the future of trading with our latest innovation: the AI Adaptive Money Flow Index by AlgoAlpha Indicator! 🚀🌟 Developed with the cutting-edge power of Machine Learning, this indicator is designed to revolutionize the way you view market dynamics. 🤖💹 With its unique blend of traditional Money Flow Index (MFI) analysis and advanced k-means clustering,...
The Periodic Activity Tracker tool periodically tracks the cumulative buy and sell volume in a user-defined period and draws the corresponding matching bars and volume delta for each period. Users can select a predefined aggregation period from the following options: Hourly, Daily, Weekly, and Monthly. 🔶 USAGE This tool provides a simple and clear way...
Introducing the Relative Volume / Volume Breakout Multiplier (RVI) , RVI is specifically designed for traders who incorporate volume breakout analysis into their trading strategies, particularly breakout traders. This indicator provides a unique perspective on volume dynamics by quantifying the extent of volume breakouts in relation to the Simple Moving Average...
Indicator id: USER;91bdff47320b4284a375f428f683b21e (only relevant to those that use API requests) MEANINGFUL DESCRIPTION: The Fourier Smoothed Hybrid Volume Spread Analysis (FSHVSA) indicator is an innovative trading tool designed to fuse volume analysis with trend detection capabilities, offering traders a comprehensive view of market dynamics. This...
The High Volume Alert Script is developed for all traders focusing on volume analysis in their trading strategies, providing alerts for unusually high trading volumes during specified trading sessions. Functionality: Volume Moving Average Calculation: Average Volume = Moving Average(Volume) = Sum of last the x last candles Volume Where n is the...
█ OVERVIEW Cumulative Volume Delta (CVD) is a volume-based trading indicator that provides a visual representation of market buying and selling pressure by calculating the difference in traded volumes between the two sides. It uses intrabar information to obtain more precise volume delta information than methods using only the chart's timeframe. Volume delta...
💎 GENERAL OVERVIEW The relative volume indicator aims to improve upon the default existing relative volume indicator by comparing volumes between previous trading sessions rather than previous candles. As such, it works best on lower time frames as there is more data to compare with. The purpose of the indicator is to show how the current bar’s volume compares to...
Overview RVOL++ is a valuable tool for intraday traders to gauge market participation and anticipate the pace of the market. By understanding the RVOL levels, traders can adjust their strategies and expectations to align with the current market conditions. RVOL is a simple mathematical formula that compares the current volume to a prior lookback period, such...
I created the Volume Flow Oscillator (VFO) to explore the intricate interplay between volume and price movements over a specific lookback period. This tool contrasts volumes that move in sync with the price against those that move in opposition, signaling potential overbought or oversold territories. To determine the direction, I compare the current price to its...
Hello dear traders, Today we're discussing an indicator I've coded: the Volume Spike Indicator (VSI). The indicator isn't a groundbreaking invention and certainly not a novelty. Nevertheless, I haven't seen this version of the indicator on TradingView before, so I'd like to introduce it. 1. The Origin of the Idea: We're all familiar with volume charts: A...
🚀 Introducing the Momentum Concepts™ , a robust multi-layered momentum analysis tool developed by AlgoAlpha . This All-in-One indicator offers a comprehensive approach to understanding market momentum, empowering traders with hyper customizable features to tailor their analysis to their specific trading strategies. Designed with efficiency and compactness in...
Smart Money Concepts (SMC) is a comprehensive toolkit built around the around the principles of "smart money" behavior, which refers to the actions and strategies of institutional investors. SMC transcends traditional technical analysis by delving deeper into this framework. This approach allows users to decipher the actions of these influential players,...
OVERVIEW The purpose of the indicator is to detect significant changes in trading volume in financial markets. USER GUIDE: The user can change the sensitivity of the indicator by adjusting the multiplier value. The higher the multiplier, the harder it is to detect high volume bars. The multiplier set by the user determines how much a move above the...
Introducing the Standardized Orderflow indicator by AlgoAlpha. This innovative tool is designed to enhance your trading strategy by providing a detailed analysis of order flow and velocity. Perfect for traders who seek a deeper insight into market dynamics, it's packed with features that cater to various trading styles. 🚀📊 Key Features: 📈 Order Flow...
Introducing the Volume-Trend Sentiment by AlgoAlpha, a unique tool designed for traders who seek a deeper understanding of market sentiment through volume analysis. This innovative indicator offers a comprehensive view of market dynamics, blending volume trends with price action to provide an insightful perspective on market sentiment. 🚀📊 Key Features: 1. 🌟 ...
This indicator generates Volume Profiles from which to display insights about recent Volume Points of Control and High Volume Nodes. Volume Profile is a way to view trading volume by the price where trades have occurred, rather than the time when they occur (as seen by traditional Volume indicators). By selecting a Resolution Timeframe (1m in this example),...