Hello!
This indicator "Order Chain" uses live tick data (varip) to retrieve live tick volume.
This indicator must be used on a live market with volume data
Features
The image above shows key features for the indicator!
The image above explains line and color placements.
The image above shows the indicator in action for a live market!
How It Works
The indicator records the difference in volume from "now" and the previous tick. Predicated on whether the "now" price is greater than or less than price one tick prior, the difference in volume is recorded as "buy" or "sell" volume.
This filled order (or aggregates) is colored in congruence with price direction. The filled order is subsequently appended to its relevant tick level and added (buy order) or subtracted (sell order) from the CVD value at the identified tick level.
Of course, thank you to PineCoders and RicardoSantos for their awesome libraries :D
Thank you!
This indicator "Order Chain" uses live tick data (varip) to retrieve live tick volume.
This indicator must be used on a live market with volume data
Features
- Live Tick Volume
- Live Tick Volume Delta
- Orders are appended to boxes, whose width and height are scaled proportional to the size of the order.
- CVD recorded at relevant tick levels
- Order chain spans up to 450 ticks (might include aggregates)
The image above shows key features for the indicator!
The image above explains line and color placements.
The image above shows the indicator in action for a live market!
How It Works
The indicator records the difference in volume from "now" and the previous tick. Predicated on whether the "now" price is greater than or less than price one tick prior, the difference in volume is recorded as "buy" or "sell" volume.
This filled order (or aggregates) is colored in congruence with price direction. The filled order is subsequently appended to its relevant tick level and added (buy order) or subtracted (sell order) from the CVD value at the identified tick level.
Of course, thank you to PineCoders and RicardoSantos for their awesome libraries :D
Thank you!
Notas de Lançamento
Added additional color configurations!Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
•Access to Next-Gen Optimization Tools: tradingiq.io
•Discord Server: discord.gg/aKWPuM4HPy
•Discord Server: discord.gg/aKWPuM4HPy
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
•Access to Next-Gen Optimization Tools: tradingiq.io
•Discord Server: discord.gg/aKWPuM4HPy
•Discord Server: discord.gg/aKWPuM4HPy
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.