Some symbols in trading view are cumulative - meaning they increment continuously throughout the trading day and are reset to 0 at the new trading day. For example USI:CVOLM (Call Volume in Miami). This script subtracts the current cumulative value from the prior cumulative value, so the change/delta in the cumulative value can be determined bar-by-bar.
Dollar volume is simply the volume traded multiplied times the cost of the stock. Dollar volume is an extremely important metric for finding stocks with enough liquidity for market makers to position themselves in. Market Liquidity is defined as market's feature whereby an individual or firm can quickly purchase or sell an asset without causing a drastic change...
Up/Down Volume Ratio is calculated by summing volume on days when it closes up and divide that total by the volume on days when the stock closed down. High volume up days are typically a sign of accumulation(buying) by big players, while down days are signs of distribution(selling) by big market players. The Up Down volume ratio takes this assumption and turns...
A momentum indicator that uses the highest and lowest values for price in three different lookback lengths to find the performance relative to three timeframes. - Stochastic can be used for buy and sell signals as usual. - The bars at the back represent the stochastic value of the OBV based structure calculation. - The color of the stochastic line is a...
A momentum indicator that uses the highest and lowest values for price in three different lookback lengths to find the performance relative to three timeframes. - The yellow line is the product of the price performance in three different timeframes. - The red line is 200 EMA of the performance. - The blue columns represent the same calculation or the volume(OBV...
Anti-Breakout Strategy Description: This is a contrarian entry strategy for trading false breakouts. The high/low of the breakout bar is used for the entry in the opposite direction. To reduce repainting set ptype variable to OHL3.
VWAP Alerts signal over bought/over sold conditions, relative to volume weighted average price, while deviation bands plot an extremely accurate point of mean reversion. VWAP Alerts V3 includes multiple timeframe selection, along with multiplier input for deviation band setting Alerts can be set for each individual band, for extreme oversold/overbought...
ICT Time Ranges is a concept around the fact that price likes to show volatility spikes in certain times of the day. Although there are many other scripts such as that revolve around this concept, the difference between this one and some of the others out there is the fact that this code specifically focuses on the ranges like New York, London, Asia, and ICTs...
This indicator is similar to the Elastic Volume Weighted Moving Average, except it uses True Range instead of Volume. This can be useful where volume data is unavailable (for instance, in forex), or if prices moved way too fast, such as the Swiss franc crash back in 2015. Comparison: Let me know if you want more features added to this indicator. I'll see...
This is the average Bitcoin volume with the data collected from the major retail exchanges + the exponential moving average (EMA) for the volume added on to better understand relative volume. Thank you Julio!
Designed Around the NNFX rules Selectible Baseine Selectible Exit Indicators ATR bands, ATR labels for TP and TSL (1x and 1.5x ATR). Indication (White Diamond) where candle is over 1x ATR in size. Combined QQE Fast & Slow (C1 & C2) confirmations, Candles Grey before Trend Confirmed, change to Normal Colour when Trend established (QQE MOD used for...
This indicator has two lines that are the recent volume EMA and the past volume EMA. When the recent one is higher than the past one, it highlights the background. It means the volume is relatively getting higher. This oscillator is designed to detect the entry timing for trend following strategy. It is said that we need to confirm the trend by the volume.
Thank you for sparing you time to read my indicator. This indicator has been created as a suite of 3. This was to ensure that those with only the Free Trading View account could benefit (with their restriction to 3 indicators). Please ensure you install each indicator and read each indicator write up to fully understand what has tried to achieved. Chart...
Thank you for sparing you time to read my indicator. This indicator has been created as a suite of 3. This was to ensure that those with only the Free Trading View account could benefit (with their restriction to 3 indicators). Please ensure you install each indicator and read each indicator write up to fully understand what has tried to achieved. Chart...
Thank you for sparing you time to read my indicator. This indicator has been created as a suite of 3. This was to ensure that those with only the Free Trading View account could benefit (with their restriction to 3 indicators). Please ensure you install each indicator and read each indicator write up to fully understand what has tried to achieved. Chart...
Price moved up either by volume (Number of trades/ News/ Buy call) or itself (Operator/ Profitability/ Future). Every companies issued fixed number of shares. But have you figured about... How many shares are being trades actively per day? How many shares are holding tight by shareholders for long term? THEORY This could be used to estimate from the percentage...