Greetings, fellow traders! Throughout my trading career, I've been intrigued by the dynamic interplay between candlestick patterns and trading volume. This fascination led me to develop an open-source indicator to help illuminate these patterns for the broader trading community. Upon researching the Public Library, I found that many indicators relating to...
A simple tool that accumulates the trading volume of an instrument for a specified period of time. Available modes: Minutely Hourly Session Daily Monthly Quarterly Yearly
Counters Ratio This is an oscillator like indicator. Bubbles are used to show the intensity with which buyers overtake sellers or vice-versa. Bigger bubbles would indicate an oversold or overbought condition, when there is more imbalance between sell volume and buy volume . They may appear sometimes on low volume - this may be a weak overbought or...
This indicator comes with multiple functions: ▪ Better Volume - Total Volume, Buy Volume, Sell Volume This mode shows the traded volume during each interval in a more detailed way. The advantage is that you can see both sides of the market: the Buy Volume and the Sell Volume. You have the option to see the traded volume per interval: - on a 0 centered y-axis,...
Cumulative Volume Delta or simply CVD is the accumulation of the Total Volume Delta . It starts accumulating from the beginning of the available volume data. It only shows meaningful information for symbols with volume data. It does not change its shape when changing timeframes. How to use it: You can start using it by searching for divergences with the price.