The volume price trend indicator is used to determine the balance between a security’s demand and supply. The percentage change in the share price trend shows the relative supply or demand of a particular security, while volume indicates the force behind the trend. The VPT indicator is similar to the on-balance volume (OBV) indicator in that it measures cumulative...
What is it?
Displays several realtime volume stats for each bar/candle.
Although it was originally created to be an assist tool for the Market Footprint (available as a separate indicator) to consolidate the numbers into a neat panel below, it can be used independently as an Orderflow Analysis tool as well.
It currently displays the following:
(1) Net Delta...
What is it?
The classic Market Footprint chart for realtime bars (; at least the closest I could get it to anyway).
The tool has 3 modes, which display different volume data for the traded prices of each bar: (1) Up/Down Volume Footprint: At-price Up Volume and At-price Down Volume ; (2) Total Volume Footprint: Total volume transacted at each price; and, (3)...
Finally, a price channel oscillator that works.
I programmed three flavors into this.
The first flavor uses the Fast and Slow EMA to check for the trend to ensure you don't trade in the wrong direction simply because the price crosses the previous highest high or lowest low (based on lookback bars).
The second flavor uses a seven point average of the...
A clean Trade Calculator for any Asset, which calculates everything you need to know.
This script is a modified version of the Position Calculator by Mysteriown. Link:
I try to make it a bit better for Futures Trading.
Buying/selling pressure
Green bar for buying pressure, calculated by multiply Volume change and the increasing of price
Red bar for selling pressure, calculated by multiply Volume change and the decreasing of price
White bar is the subtract of Green bar and Red bar, which is calculated how strong of buying or selling in the market at the current timeframe.
The...
Since I love to mix and match, here is something fresh and that actually works on the breakout of Ethereum without losing your ass on lagging indicators.
It blends some of the nice parts of my previous scripts while moving to big boy pants with a twist on the Fibonacci retracement using SMA and EMA at multiple levels to do a sanity check.
Is it too good to be...
Another simple indicator from the sweet indicator series, This is a combination of the Volume and Price Trend Meter indicators combined (Links below) into one indicator called PVTM (Price Volume Trend Meter).
PVTM measures the strength of price and volume pressure on a histogram.
The indicator sums up all green candles price and volume and red candles price and...
NSE BankNifty Spot Volume - by GrowMore Indicators !!
HOW Does it work ?
Trading volume is a measure of how much of a given financial asset has traded in a period of time. For stocks, volume is measured in the number of shares traded and, for futures and options, it is based on how many contracts have changed hands. The numbers, and other indicators that...
The Ants indicator is based on the research of David Ryan, three-time winner of the U.S. Investing Championship. David came up with the idea for the indicator while managing the New USA Growth Fund at William O’Neil + Company. David was interested to understand what drove some stocks higher once they were extended from their most recent base, while others had only...
For pivot levels, we use different definitions of the pivot point. In fact, there are three different methods to calculate the reference level using this method.
For these pivot points, we set the variable x, the value of which depends on whether the open is higher or lower than the close.
If the close is less than the open, x = H + 2L + C.
If the close is...
Max Saham's ADX line with D+ & D-
ADX is used to quantify trend strength.
When the D+ (+DMI) is dominant and rising, price direction is up.
When the D- (-DMI) is dominant and rising, price direction is down. But the strength of price must also be considered.
Uses Wilder's MA to get a more accurate ADX reading as compared to SMA.
Also added the green...
This majorly combines 3 indicators. More detailed usage will be taught to the subscribers as part of webinars to understand how to use these along with VSA to improve the trading results.
1)Mean Revert Indicator (M.Revert) - Most useful for intraday. When M.Revert bar turns red its ideally a sell signal. When M.Revert bar turns green its buy signal.
2)PV.Trend...
![NIFTY1!: Market Sentiment [@TradersVenue]](https://s3.tradingview.com/g/GdaYn0HC_mid.png "Market Sentiment [@TradersVenue]")
