OPEN-SOURCE SCRIPT
Atualizado Time Segmented Volume, TSV Cipher + TSI
THE IDEA:
TSV is a leading indicator based on the Volume, so it can be used to dectect price movements even before other indicators.
You can read about the Time Segmented Volume and the concept how to use it here:
From my observations, it seems like you can use this indicator in the similar way to "oscilators" as well.
So the idea is to use the signal and run in trough:
1) WaveTrend - to produce "green" and "red" dots.
2) TSI
Both oscillators produce two signals that when crossed might be a buy/sell signal.
Hope you like the idea.
WARNING: Use the indicator for your own risk, it was released for educational purposes.
TSV is a leading indicator based on the Volume, so it can be used to dectect price movements even before other indicators.
You can read about the Time Segmented Volume and the concept how to use it here:
From my observations, it seems like you can use this indicator in the similar way to "oscilators" as well.
So the idea is to use the signal and run in trough:
1) WaveTrend - to produce "green" and "red" dots.
2) TSI
Both oscillators produce two signals that when crossed might be a buy/sell signal.
Hope you like the idea.
WARNING: Use the indicator for your own risk, it was released for educational purposes.
Notas de Lançamento
* Simplified the charts* Changed TSV normalize method
* Added description
Notas de Lançamento
* Improved default settings* More settings: including separated long and fast settings - feel free to adjust it to the timeframe you are using
* More settings: color customization
Script de código aberto
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Script de código aberto
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.