PROTECTED SOURCE SCRIPT
Atualizado Williams POIV By King Osama
Williams POIV Indicator
By King Osama
The Williams POIV (Price and Open Interest From COT Data) is a technical indicator designed to combine price movement with open interest data to provide valuable insights into market strength and sentiment. By integrating price changes and open interest (a measure of market participation), the indicator aims to detect shifts in market dynamics and highlight potential turning points.
The Williams POIV works by calculating the relationship between price changes and the true range, combined with open interest data, to generate a composite value that reflects the accumulation or distribution of market positions. This gives traders a deeper understanding of market trends and potential reversals.
Key Features:
Price and Open Interest Integration: Merges price movements with open interest data to assess market strength.
Market Sentiment Insights: Helps identify periods of accumulation or distribution, offering a clearer picture of market conditions.
Trend Analysis: Can be used to spot divergences and potential trend reversals.
This indicator is ideal for traders looking to analyze the interplay between price movements and open interest, offering enhanced insight into market trends and price action.
By King Osama
The Williams POIV (Price and Open Interest From COT Data) is a technical indicator designed to combine price movement with open interest data to provide valuable insights into market strength and sentiment. By integrating price changes and open interest (a measure of market participation), the indicator aims to detect shifts in market dynamics and highlight potential turning points.
The Williams POIV works by calculating the relationship between price changes and the true range, combined with open interest data, to generate a composite value that reflects the accumulation or distribution of market positions. This gives traders a deeper understanding of market trends and potential reversals.
Key Features:
Price and Open Interest Integration: Merges price movements with open interest data to assess market strength.
Market Sentiment Insights: Helps identify periods of accumulation or distribution, offering a clearer picture of market conditions.
Trend Analysis: Can be used to spot divergences and potential trend reversals.
This indicator is ideal for traders looking to analyze the interplay between price movements and open interest, offering enhanced insight into market trends and price action.
Notas de Lançamento
New Update :- Automatic Divergence detection based on a specific pivot points
Script protegido
Esse script é publicada como código fechado. No entanto, você pode gerenciar suas escolhas de bate-papo. Por favor, abra suas Configurações do perfil
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 protegido
Esse script é publicada como código fechado. No entanto, você pode gerenciar suas escolhas de bate-papo. Por favor, abra suas Configurações do perfil
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.