Contents Overall Introduction Settings menu parameters Usage How to use alerts Limits Overall Introduction This indicator is a "volume analysis" tool for confirming the direction and strength of price trend and spotting trend reversals. This tool consists of two parts: 1- The colored graph is a custom volume oscillator which shows the relative...
Price Pattern Analysis is the core of trading. But price patterns often fails. VRAI (Volume Risk Avoidance Indicator) shows Volume Pressure, so that you can avoid volume-based risks. For example, never short when you see green (buying pressure). Never long when you see red (selling pressure). You still need to pick good price patterns, because the...
This indicator is based on Percentage Price Oscillator and volume as a source.
Level 1 Background Markos Katsanos’ volume flow indicator (VFI) calculation uses a default period of 130 days for daily charts. As a result, when applying the strategy, you will need to set the maximum number of bars the study will reference in the general tab of properties for all to at least 130. In order to compare the system objectively with the buy & hold...
The Volume Oscillator is a trend-oriented indicator that shows the strength or weakness of price trends. This indicator calculates the volume from two moving averages (MA). The value of the slow volume MA is then subtracted from the value of the fast moving average. The Volume Oscillator measures volume by analyzing the relationship between these two moving...
This indicator displays both buyer and seller volume with the 50 Exponential Moving Average (50 EMA). Courtesy of, The Compound Trading Group.
An experimental modification of TradingView's built-in OBV indicator that calculates its value with intrabar data. This leads to a more accurate OBV trace because it considers the price swings that happen within the time period of each candle, instead of only considering the candle close price. For example: on a 4H timeframe a single candle spans 4 hours. In this...
This is a useful conjunction of volume and volatility together in one script, so I named it a blended name! It can show the diagram of: - Volume - Volume Variation (Volume - Past Volume) - Volume Density (Volume / (High - Low)) - Volatility in combination with the aforesaid ones It also offers two concepts of bar colorizing, by using the size of the bars or by...
Description This indicator integrates the functionality of multiple volume price analysis algorithms whilst aligning their scales to fit in a single chart. Having such indicators loaded enables traders to take advantage of potential divergences between the price action and volume related volatility. Users will have to enable or disable alternative algorithms...
This is a composite indicator, a collection of multiple indicators It includes the following: 1. the gray background has a huge trading volume , 2. the market cost deviates, and the relationship between the closing price of the black line, the red line and the blue line and the short-term, medium-term and long-term average. Compare the difference after mutual...
This indicator will give you an overview of the trading volume of 1 candle, useful for new traders (This indicator will be updated more in the future). The current calculation method does not give any any trading signals!If you find it interesting or want to support the development of this indicator ,You can support me a cup of tea via the following link: ...
BINANCE:ETHUSDT The CAP index is my own homebrew trend indicator made to help traders see the slightly bigger picture, because we all know that as traders we can tend to hyper-focus in on a few candles and end up making a stupid trade because of it, or is it just me ? On a more serious note this indicator helps you find the short term trend by looking at bullish...
This indicator will detect the candle has volume "too strong" base on "n" previous candle. The Yellow Line is avg volume base n candle previous. The Red line show over power volume of canlde. Important : This indicator can use for forex, but i recommend it for binary options only.
This tool is a quantitative tip for analysts who study volumes or create volume based trading strategies. Like all our projects, we start with a statistical logic to which we add coding logic. This indicator can save a huge amount of time in calculating the variation of volume between sessions . How it work The indicator calculates the difference between...
VolumeRatio plots the high volume bar when volume is 3 times greater than average 36 day volume.