Description:
The Volume Shaded Candles indicator (VSC) is a technical analysis tool designed to represent price candles on a chart with transparency based on the volume traded during each candle. This overlay indicator enhances visual analysis by providing a visual representation of volume intensity.
How it Works:
The VSC indicator calculates the...
What Is Wyckoff Wave Volume and How Does It Work?
It is the cumulative sum of exchanged (sold/bought) shares or contracts on a given wave (downward or upward) in a given time plotted below the chart as volume histogram. It shows how much trade is taking place on a given wave. Values are displayed below the chart as opposed to the Wyckoff Wave Chart indicator...
Weis Wave - Waves Types indicator
The Concept
This indicator has been created based on David's Weis theory of cumulative volume histograms but this indicator has been enhanced with additional wave types to be able to identify the following:
Visually identify the Effort vs Result concept (too much volume but small pip move or small volume too large pip...
The Volume Forecasting indicator provides a forecast of volume by capturing and extrapolating periodic fluctuations. Historical forecasts are also provided to compare the method against volume at time t .
This script will not work on tickers that do not have volume data.
🔶 SETTINGS
Median Memory: Number of days used to compute the median and first/third...
Vsa Trend is a tool that utilizes the principles of Volume Spread Analysis (VSA) to identify potential trading opportunities. This tool highlights several principles such as PB, PBNC, PS, PSNC, TE, ND, Short Trend Tool, Trigger Lines, and Multiple Alignment of Trends.
These principles assist in identifying potential buy and sell opportunities based on the...
The OBV-MACD indicator is a momentum-based technical analysis tool that helps traders identify trend reversals and trend strength. This Pine script is an implementation of the OBV-MACD indicator that uses the On-Balance Volume (OBV) and Moving Average Convergence Divergence (MACD) indicators to provide a momentum data of OBV.
The OBV-MACD indicator uses the OBV...
█ Overview
Volume Delta (Expo) is a trading tool that measures the difference between buying and selling volume in a given market. It is a powerful tool for analyzing volume clusters and price action, as it can help traders identify the direction and strength of the trend as well as potential volume-weighted support and resistance areas.
█ How is the Volume...
The vPOC or volume point of control shows where most of the volume was traded. This is important because this is where the institutions and market makers have opened their positions, and these are the ones that move the markets!
This indicator is designed to cut through the volume noise, and enable the hiding of lower volume data.
The main setting allows you to...
This idea has been in my mind for a while. We all know how important volume is to technical analysis but volume and price itself doesn't mean much when volatility and momentum of the current trend is not taken into account. With this oscillator we try to combine all these factors into one indicator and provide a simplified interpretation of this relationship with...
Aggregate Volume automatically fetches and aggregates futures volume data from multiple exchanges such as Binance, OKX, and Bybit -- for any crypto asset, and highlights the volume bars that exceed a user-defined threshold.
This provides a fresh take on the classic Relative Volume in the form of Aggregate Relative Volume.
This indicator displays where the most...
This script simply displays the ratio of "Dollave Volume (Volume * Close)" to "Market Capitalization(Total Shares Outstanding * Close)" of stock.
Formula = (DollarVolume / MarketCap) * 100
An accumulation/distribution indicator that works better against gaps and with trend coloring.
Accumulation/Distribution was developed by Marc Chaikin to provide insight into strength of a trend by measuring flow of buy and sell volume .
The fact that A/D only factors current period's range for calculating the volume multiplier causes problem with price gaps....
Shows actual liquidations on a per-candle basis by using the difference in volume between spot and futures markets.
i.e. volume on a futures market will be much higher if there are many liquidations.
By default, green represents short liquidations (hence a bullish move, hence why it's green), whereas red is for long liquidations (bearish move). The colors can be...
This is the Olympus Mons indicator. It uses Braid Filter, LSMA, and Hawkeye Volume to fire Buy and Sell signals. I use this on the 5 Min. SPY chart to play 1 point scalp targets with options. I have been able to get a pretty consistent win rate using it like this. The default settings are what I use. Hope it helps any of you guys. Let me know if you see any...
The purpose of this code is to graph a volume simple moving average (sma) and it's first and second derivatives to provide traders with additional information that might determine if volume is converging or diverging with price. The yellow line represents the volume sma, the red line represents the first derivative or the rate of change of the volume and the green...
⚖ Volume BUYxSELL Pressure | by Octopu$
Volume is the number of shares traded in a particular stock, index, or other investment over a specific period of time.
It can indicate market strength, as rising markets on increasing volume are typically viewed as strong and healthy.
In fact, the more, the better. Institutions tend to get more involved in a stock with...
Sneaky Volume
An experimental script that marks the highest and lowest candle of the day with above average volume.
New candles that meet the criteria will repaint until daily close
How to use
They can be interpreted in a number of ways. Potential sign of consolidation, reversal, continuation or retest zones. Use on own discretion.
In action
TAS PRICE COMPRESSION LEVELS (PCLs) includes 2 distinct indicators that use volume at price analysis, volume aggregation and multi-timeframe confluence to calculate and display significant levels of commercial interest above and below the market. These levels reveal reliable trading levels which can be leveraged for enhanced trade entries, trailing stops and...
![EURUSD: Volume Forecasting [LuxAlgo]](https://s3.tradingview.com/u/uvW8BtQj_mid.png "Volume Forecasting [LuxAlgo]")
![BTCUSDT: Aggregate Volume [CE]](https://s3.tradingview.com/u/uC9PtZe8_mid.png "Aggregate Volume [CE]")
![ES1!: TAS Float PCL + TAS Static PCL [TASMarketProfile]](https://s3.tradingview.com/r/RfWizhxn_mid.png "TAS Float PCL + TAS Static PCL [TASMarketProfile]")
