Hey guys, Ive been thinking about Price Volume Trend for a while and tried adding different moving averages to it, but seems its not as binary. Therefore adding the bollinger bands as a no-trade-zone made it alot better. Indicator is pretty basic at the moment since I just implemented the idea but im planning to do some add-ons later on to make it easier to read. Will keep you updated!
Notas de Lançamento
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Made a few changes to make Buy/sell areas easier to read.
Notas de Lançamento
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Made the no trade zone more visible
Notas de Lançamento
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The updated script includes a normalize function to help scale the data and make it easier to read on the chart. It also includes an option to adjust the smoothing of the price volume trend (PVT) for more customization. Finally, the background color changes based on the trend, with blue indicating a bullish trend and red indicating a bearish trend.
hi, what is the sell and buy signal? and exit? Very interesting!
muinagh
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Good Work
JembussTradeSignals
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Hey mate lovely indicator, one suggestion. If you could make the plot background fill the entire signal area it would be a lot more visually appealing and easier to read then just the bb area.. would that be possible still including the BB dead area? love your work.
SAEEDSSL90
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another masterpiece..on nnfx playgrounD..thank you mihkel:-)
rpinon
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Can this be translated over to ThinkOrSwim Script?
leotradingday
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Hello. @Mihkel00. Thank you for all the script. I'm a part of the NNFX adventure but based on TV as well. By any chance do you have the possibility to show me where can I set up the background of the chart as yours (bleue and purple)? Have a great sunday.
Kuch
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Question how were you going to utilize in the PV BB in the above script. Looks like the other 2 indicators have you covered, stubble with NNFX in looking for that volume indicator and how to use in the Algo.
Also have you taken a look at the FTLM-STLM indicator. Find that could be interesting add or substitute to QQE.
Kuch
Mihkel00
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@Kuch, I am actually using it as a confirmation #2 right now and I have my QQE modified which calculates the zero crosses different than the one shown on chart.
Also my volume indicator isnt shown on the chart, otherwise it would be giving away my whole algo ;)
Yeah the FTLM STLM seems a pretty decent indicator eyeballing it. Testing might show different results.
Since it isnt on tradingview and im not as good coder at this moment to transfer it here, I cant really test it.
Kuch
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@Mihkel00, yes, need to find a coder for the FTLM-STLM, using an EA on Demo Account and finding it quite interesting even as standalone. Might move that to C1 but myself using a Didi QQE Modified and that seems to be interesting results.
sarangab
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@Kuch, do you have the original codes in MT4/method?