TrendFollow-1HThis is a trading strategy specially used on btcusdtperp in binance 1H chart
The most important part of this strategy is to use Support and Resistance with trading volume
Auxiliary indicators are include Directional Movement Index, trading volume, Commodity Channel Index,volume-weighted average price,Range Filter
Why is it not applicable to other trading varieties or exchanges?
Because the activity of each trading target is different from the trading volume, this strategy is very focused on the change of trading volume, so it may not be applicable to every trading variety
The idea of this strategy is to chase when the trend in the market is clear
Determine whether to break support or resistance to identify trends
But the market is full of false breakouts
Therefore, trading volume is an important indicator for judging the true and false.
Therefore, when the price breaks through support or resistance, accompanied by a huge trading volume, and forms a resonance with auxiliary indicators, the strategy will follow the trend, a time stop loss is also set. After entering the market, if there is no immediate profit to the stop profit, you will leave the market first.
But the market is always random, so the profit and loss ratio must be taken into account
Use a fixed stop loss space in exchange for a larger profit space, and ensure that the expected value is positive to make stable profits in the market
Therefore, this strategy uses 3.2% stop loss, 3.3% Take profit1 and 7.2% take profit2
About 1.5:1 profit and loss ratio to ensure positive expected value
Because the market has a clear trend only about 10% of the time
So the trading frequency of this strategy is very low
According to the backtest of up to 2021-01-01 till now , it takes about 5 days to make a transaction
User can choose their own leverage to obtain higher returns. But be sure to prioritize risk.
In order to prevent you from using this strategy without knowing it, the trading date of this strategy is only executed until the release date, and positions will not be opened and closed for subsequent markets.
You can contact me if you want to know more about this strategy
這是專門用於幣安1H圖表中btcusdtperp的交易策略
本策略最重要的部分是將支撐和阻力與交易量一起使用
輔助指標包括ADX,成交量,CCI,VWAP,Range Filter等
為什麼不適用於其他交易品種或交易所？
由於每個交易標的的活躍度與交易量不同，本策略非常注重交易量的變化，因此不一定適用於每個交易品種
這個策略的方法是在趨勢明朗的時候進行趨勢跟隨
確定是否打破支撐或阻力以識別趨勢
但市場充滿假突破
因此，成交量是判斷真假的重要指標。
當價格突破支撐位或阻力位，伴隨著巨大的成交量，並與輔助指標形成共振時，策略會順勢而為，同時設置時間止損。進場後，如果沒有立即獲利到止盈，就離場。
但市場總是隨機的，所以必須考慮盈虧比
用固定的止損空間換取更大的盈利空間，保證預期值為正，才能在市場中穩定獲利
因此，該策略使用 3.2% 止損、3.3% 止盈1 和 7.2% 止盈2
約1.5:1盈虧比，確保正期望值
因為市場只有大約 10% 的時間有明顯的趨勢
所以這個策略的交易頻率很低
根據2021-01-01至今的回測，交易頻率大約5天一次
用戶也可以選擇適合自己的槓桿以獲得更高的收益。但一定要優先考慮風險。
為防止您在不知情的情況下使用本策略，本策略的運行交易的日期僅至2023-05-30止，後續日期將不開倉和平倉。
如果您想了解更多有關此策略的信息，可以聯繫我。
Volumeanalysis
Buy/Sell singal with RSI, MA, RSI DIV1. Overview
I'll explain a strategy that uses the simple but powerful technical analysis techniques RSI, MA, VOLUME, and RSI Divergence to identify Buy/Sell signals. This strategy utilizes Pine Script of TradingView.
Our strategy is based on four fundamental components.
- RSI (Relative Strength Index)
- MA (Moving Averages)
- Volume
- RSI Divergence
By using these four techniques together, we can find potential buy/sell signals.
2. Code Interpretation
To understand the TradingView code we used, let's examine each section one by one.
- RSI Calculation: RSI is a technical indicator that measures the relative strength of a price and is often used to identify overbought or oversold conditions. In our code, we calculate the RSI over a given period.
- Moving Averages: This code calculates short-term and long-term moving averages. Moving averages represent the average price over a specific period and are used to identify long-term price trends. Their intersections are considered potential buy/sell signals.
- RSI Divergence: RSI divergence represents a mismatch between the price trend and the RSI trend. It occurs when the price makes a new high or low, but the RSI does not. This indicates a weakening of the price trend and is considered a powerful signal of trend change.
- Volume Calculation: When the volume of transactions occurring during a specific period is x times more than the average volume, it is considered a signal of trend change.
- Buy/Sell Signals: Each technical indicator generates buy or sell signals. These signals are marked as labels on the chart. In our strategy, buy/sell signals are generated when the RSI exits overbought or oversold zones, when the moving averages cross, and when RSI divergence occurs.
3. Signal Detection
3.1 Buy/Sell Signals Using RSI
The RSI indicator has a value between 0 and 100, with values over 70 generally considered the overbought zone and those under 30 as the oversold zone.
A buy signal is generated when the RSI rises from the oversold zone.
Conversely, a sell signal is generated when the RSI falls from the overbought zone.
3.2 Detecting Buy/Sell Signals Through Moving Average Crosses
Moving averages help identify price trends.
A buy signal is generated when the short-term moving average crosses the long-term moving average upward.
Conversely, a sell signal is generated when the short-term moving average crosses the long-term moving average downward.
The color of each bar can be changed according to each signal.
3.3 Detecting Signals When Volume is X Times Higher Than Average
When the volume is x times higher than average, a marker is placed above each bar.
A green marker is displayed when the buy volume is high.
A red marker is displayed when the sell volume is high.
4. Conclusion
This technical analysis strategy is very simple but effective. Using RSI, moving averages, volume, and RSI divergence, you can find effective buy/sell signals.
By leveraging Pine Script in TradingView, you can easily apply this strategy and find signals in real-time.
Always remember that risk management is important in trading. This strategy may not be effective in all market conditions, so always use appropriate risk management strategies alongside it.
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1. 개요
간단하지만 강력한 기술적 분석 전략인 RSI, MA, VOLUME, RSI Divergence를 사용한 Buy/Sell 신호 표시 전략에 대해 설명드리겠습니다.
이 전략은 트레이딩뷰의 Pine Script를 활용합니다.
우리의 전략은 다음 네 가지 기본 구성 요소에 기반합니다.
- RSI (Relative Strength Index)
- MA (Moving Averages)
- 거래량
- RSI Divergence
이 네 가지 기법을 함께 사용하여 잠재적인 매수/매도 신호를 찾아냅니다.
2. 코드 해석
우리가 사용한 트레이딩뷰 코드를 이해하기 위해 각 섹션을 하나씩 살펴보겠습니다.
RSI 계산: RSI는 가격의 상대적 강도를 측정하는 기술적 지표로, 과매수 또는 과매도 조건을 식별하는 데 자주 사용됩니다. 우리의 코드에서는 주어진 기간 동안의 RSI를 계산합니다.
이동평균: 이 코드에서는 단기 이동평균과 장기 이동평균을 계산합니다. 이동평균은 특정 기간 동안의 가격 평균을 나타내며, 가격의 장기적인 트렌드를 식별하는 데 사용됩니다. 이들의 교차점은 잠재적인 매수/매도 신호로 간주됩니다.
RSI Divergence: RSI 다이버전스는 가격 추세와 RSI 추세 사이의 불일치를 나타냅니다. 가격이 새로운 고점 또는 저점을 만들면서 RSI가 그렇지 않을 때 발생합니다. 이것은 가격 트렌드의 약화를 나타내며 강력한 트렌드 변화 신호로 간주됩니다.
VOLUME 계산 : 특정 구간동안의 평균 거래량보다 x배 이상 거래량이 많이 발생하였을때 트렌드 변화 신호로 간주됩니다.
매수/매도 신호: 각 기술적 지표는 매수 또는 매도 신호를 생성합니다. 이러한 신호는 차트에 라벨로 표시됩니다. 우리의 전략에서는 RSI가 과매도 또는 과매수 영역을 벗어날 때, 이동평균이 교차할 때, 그리고 RSI 다이버전스가 발생할 때 매수/매도 신호를 생성합니다.
3. 신호 감지
3.1 RSI를 활용한 매수/매도 신호
RSI 지표는 0에서 100 사이의 값을 가지며, 일반적으로 70 이상은 과매수 영역, 30 이하는 과매도 영역으로 간주됩니다.
과매도 영역에서 RSI가 상승하면 매수 신호가 생성됩니다.
반대로, 과매수 영역에서 RSI가 하락하면 매도 신호가 생성됩니다.
3.2 이동평균 교차로 매수/매도 신호 감지
이동평균은 가격의 트렌드를 식별하는 데 도움이 됩니다.
단기 이동평균이 장기 이동평균을 상승으로 교차하면 매수 신호가 생성됩니다.
반대로, 단기 이동평균이 장기 이동평균을 하락으로 교차하면 매도 신호가 생성됩니다.
각 신호에 따라 해당 봉의 색깔도 변경할 수 있습니다.
3.3 평균 거래량보다 x배 이상 거래량이 발생했을 때 신호 감지
평균 거래량보다 x배 이상 거래량이 발생했을 때 각 봉 위에 표시가 됩니다.
매수 거래량이 많을 경우 초록색으로 표시가 됩니다.
매도 거래량이 많을 경우 빨간색으로 표시가 됩니다.
* 모든 기준이 되는 수치와 색상은 설정에서 개인의 취향에 맞게 설정 가능합니다.
4. 결론
이 기술적 분석 전략은 매우 간단하지만 효과적입니다. RSI, 이동평균, 거래량, RSI 다이버전스를 사용하여 효과적인 매수/매도 신호를 찾을 수 있습니다.
트레이딩뷰의 Pine Script를 활용하여 이 전략을 쉽게 적용하고, 실시간으로 신호를 찾아낼 수 있습니다.
항상 거래에 있어서는 리스크 관리가 중요하다는 점을 명심하십시오. 이 전략이 모든 시장 상황에 효과적이지는 않을 수 있으므로, 항상 적절한 리스크 관리 전략을 함께 사용해야 합니다.
High Liquidity Zones and Threshold VolumeThe High Liquidity Zones indicator is designed to identify areas of significant liquidity in the market. It helps traders recognize regions where trading volume is notably higher, indicating potential areas of increased market activity and interest.
The indicator calculates the average volume over a specified lookback period, which can be customized according to individual preferences. This average volume acts as a reference point to determine the threshold volume level. The threshold percentage input allows users to set the sensitivity of the indicator, defining the minimum volume required for an area to be considered a high liquidity zone.
When the current volume surpasses the threshold volume level, the indicator highlights these areas as high liquidity zones. This visual representation allows traders to quickly identify and focus on periods of heightened trading activity. The high liquidity zones are marked with square shapes below the histogram, providing a clear visual indication on the chart.
The first plot line represents the threshold volume level as a histogram, showing the volume levels in relation to the threshold. This histogram helps traders assess the magnitude of the volume in the identified high liquidity zones.
The second plot line represents the threshold volume's simple moving average (SMA) over the lookback period. The SMA acts as a reference line, smoothing out fluctuations in the threshold volume and providing a more stable measure of high liquidity zones. Traders can use this line to better understand the overall trend and dynamics of liquidity.
The High Liquidity Zones indicator offers flexibility, allowing traders to adapt it to their preferred trading style and timeframe. By adjusting the lookback period and threshold percentage, users can fine-tune the sensitivity of the indicator based on their trading strategies and market conditions.
Furthermore, traders can combine the High Liquidity Zones indicator with other technical analysis tools to confirm trading signals or identify areas of potential support and resistance. It can help them locate price levels where market participants have a substantial presence and where significant buying or selling pressure may occur.
Overall, the High Liquidity Zones indicator is a valuable tool for traders seeking to gain insights into market liquidity dynamics. By highlighting areas of intense trading activity, it assists in making informed trading decisions and identifying opportunities within the market.
Normalized Elastic Volume Oscillator (MTF)The Multi-Timeframe Normalized Elastic Volume Oscillator combines volume analysis with multiple timeframe analysis. It provides traders with valuable insights into volume dynamics across different timeframes, helping to identify trends, potential reversals, and overbought/oversold conditions.
When using the Multi-Timeframe Normalized Elastic Volume Oscillator, consider the following guidelines:
Understanding Input Parameters : The indicator offers customizable input parameters to suit your trading preferences. You can adjust the EMA length (emaLength), scaling factor (scalingFactor), volume weighting option (volumeWeighting), and select a higher timeframe for analysis (higherTF). Experiment with these parameters to optimize the indicator for your trading strategy.
Multiple Timeframe Analysis : The Multi-Timeframe Normalized Elastic Volume Oscillator allows you to analyze volume dynamics on both the current timeframe and a higher timeframe. By comparing volume behavior across different timeframes, you gain a broader perspective on market trends and the strength of volume deviations. The higher timeframe analysis provides additional confirmation and helps identify more significant market shifts.
Normalized Values : The indicator normalizes the volume deviations on both timeframes to a consistent scale between -0.25 and 0.75. This normalization makes it easier to compare and interpret the oscillator's readings across different assets and timeframes. Positive values indicate bullish volume behavior, while negative values suggest bearish volume behavior.
Interpreting the Indicator : Pay attention to the position of the Multi-Timeframe Normalized Elastic Volume Oscillator lines relative to the zero line on both timeframes. Positive values on either timeframe indicate a bullish bias, while negative values suggest a bearish bias. The distance of the oscillator from the zero line reflects the strength of the volume deviation. Extreme readings, both positive and negative, may indicate overbought or oversold conditions, potentially signaling a trend reversal or exhaustion.
Combining with Other Indicators : For more robust trading decisions, consider combining the Multi-Timeframe Normalized Elastic Volume Oscillator with other technical analysis tools. This could include trend indicators, support/resistance levels, or candlestick patterns. By incorporating multiple indicators, you gain additional confirmation and increase the reliability of your trading signals.
Remember that the Multi-Timeframe Normalized Elastic Volume Oscillator is a valuable tool, but it should not be used in isolation. Consider other factors such as price action, market context, and fundamental analysis to make well-informed trading decisions. Additionally, practice proper risk management and exercise caution when executing trades.
By utilizing the Multi-Timeframe Normalized Elastic Volume Oscillator, you gain a comprehensive view of volume dynamics across different timeframes. This knowledge can help you identify potential market trends, confirm trading signals, and improve the timing of your trades.
Take time to familiarize yourself with the indicator and conduct thorough testing on historical data. This will help you gain confidence in its effectiveness and align it with your trading strategy. With experience and continuous evaluation, you can harness the power of the Multi-Timeframe Normalized Elastic Volume Oscillator to make informed trading decisions.
Volume Breakout by Chosen VolumeDescription:
The Volume Breakout indicator (VB) is a technical analysis tool that highlights candles with significant trading volume. It helps traders identify potential breakout periods characterized by high volume activity.
How it Works:
The Volume Breakout indicator compares the volume of each candle with a user-defined minimum volume threshold. If the volume of a candle exceeds or is equal to the specified minimum volume requirement, the indicator identifies it as a volume breakout and marks it accordingly.
Usage:
To effectively utilize the Volume Breakout indicator, follow these steps:
1. Apply the VB indicator to your chart by adding it from the available indicators.
2. Customize the minimum required volume parameter according to your trading preferences. This parameter determines the threshold volume level that a candle must meet or exceed to be considered a breakout candidate.
3. Observe the candles on the chart:
- Candles that meet or exceed the minimum required volume are highlighted with a specific color (yellow by default), indicating potential breakout periods.
4. Pay attention to the volume breakout indications within the candles, as they suggest periods of increased trading activity.
5. Analyze the price action accompanying the volume breakout candles. Breakouts often indicate a surge in buying or selling pressure, potentially leading to significant price moves or trend reversals.
6. Combine the analysis of volume breakout candles with other technical analysis tools, such as trend lines, support and resistance levels, or indicators, to confirm potential trade setups.
7. Implement appropriate risk management strategies, including setting stop-loss orders and position sizing, to manage your trades effectively and protect your capital.
High Volume Candles by Time PeriodDescription:
The High Volume Candles indicator (HVC) is a technical analysis tool designed to identify candles with high trading volume. It allows traders to quickly spot periods of significant market activity based on volume.
How it Works:
The HVC indicator analyzes the volume of each candle in relation to the highest volume observed over a specified lookback period. The indicator compares the current volume with the highest volume within the defined lookback period and identifies candles that have volume equal to or greater than this threshold. It then distinguishes between bullish and bearish candles and assigns custom colors to highlight these high volume occurrences.
Usage:
To effectively utilize the High Volume Candles indicator, follow these steps:
1. Apply the HVC indicator to your chart by adding it from the available indicators.
2. Customize the lookback period according to your trading preferences. This parameter determines the number of previous candles to consider when calculating the highest volume.
3. Observe the candles on the chart:
- Bullish candles (blue by default) indicate periods of high volume when the closing price is higher than the opening price.
- Bearish candles (yellow by default) indicate periods of high volume when the closing price is lower than the opening price.
4. Pay attention to the color-coded volume indications within the candles, which highlight periods of high trading activity.
5. Analyze the volume patterns in conjunction with price action to identify potential trading opportunities. High volume candles often indicate increased market participation and can suggest significant price moves or reversals.
6. Combine the analysis of high volume candles with other technical analysis tools, such as trend lines, support and resistance levels, or indicators, to confirm potential trade setups.
7. Implement appropriate risk management strategies, including setting stop-loss orders and position sizing, to manage your trades effectively and protect your capital.
Adaptive Momentum Channel - [Volume Filter]The Adaptive Momentum Channel with Volume Filter (Adaptive MCVF) is an indicator that utilizes an adaptive RSI to adjust its sensitivity based on the market conditions. The RSI component of the indicator calculates the standard deviation and mean deviation of RSI values and uses these to calculate the adaptive RSI. The volume filter component of the indicator filters the adaptive RSI based on the volume average, allowing the indicator to identify trend changes and filter out market noise.
The indicator plots the upper and lower bands of the Adaptive MCVF, which are calculated by taking the moving average of the filtered RSI and applying an offset based on the standard deviation. A fast moving average is also plotted, which can be used to identify short-term changes in the trend.
The Adaptive MCVF also includes a divergence identification feature, which can be used to identify potential trend changes. The indicator plots regular bullish and bearish divergences, as well as hidden bullish and bearish divergences.
This is a variant of my previous MCVF indicator, this one simply allows you to take the standard deviation of the momentum and use it to make the indicator a bit more adaptive!
I made it protected to hide the standard deviation math and the auto divergence code.
You can always use this indicator by pressing "favorite";)
Volume Tick ExperimentThis ticks-based indicator provides real-time volume information for a trading asset. Volume is analyzed and updated continuously, not just at candle close. It is based on DGT's Bull vs Bear Power indicator but adds a gas signal that activates when buying or selling volume percentage reaches a predetermined threshold.
This indicator can also help traders determine the direction and aggressiveness of pushes in buying or selling volume. By monitoring the volume percentages and gas signals, traders can get an idea of whether the market is pushing in a particular direction and how strong the push is. This information can be helpful in making trading decisions and identifying potential entry or exit points.
The indicator uses open, high, low, and close prices of the asset to calculate volume information. It determines the average volume over a selected period and calculates volume for both buying and selling. This information is used to calculate the percentage of buying and selling volume. A gas signal is triggered when either the buying or selling percentage reaches a predetermined threshold.
Enjoy!
Volume Channel - [With Volume Filter]The indicator calculates two volume-weighted moving averages (VWMA) using different lengths, and filters them based on a moving average of volume. The filtered VWMA values are then plotted on the chart as lines, representing the fast and slow moving averages. In addition, upper and lower bands are calculated based on the slow VWMA and plotted as lines on the chart.
The fast and slow VWMA lines can be used to identify trends in the market. When the fast VWMA is above the slow VWMA, it is an indication of an uptrend, and when the fast VWMA is below the slow VWMA, it is an indication of a downtrend. The position of the VWMA lines relative to the upper and lower bands can also be used to identify potential trade signals.
When the price is near the upper band, it indicates that the market is overbought, and when the price is near the lower band, it indicates that the market is oversold. Traders can use these signals to enter or exit trades.
The indicator also includes a volume filter, which means that the VWMA values are only calculated when the volume is above a certain moving average of volume. This helps to filter out noise in the market and provide more accurate signals.
Explanation for each parameter
vwmaLength1: This is the length of the fast volume-weighted moving average (VWMA) used in the calculation. The default value is 10, and it can be adjusted by the user.
vwmaLength2: This is the length of the slow volume-weighted moving average (VWMA) used in the calculation. The default value is 25, and it can be adjusted by the user.
bandLength: This is the length of the moving average used to calculate the upper and lower bands. The default value is 34, and it is not adjustable by the user.
volumeFilterLength: This is the length of the moving average of volume used as a filter for the VWMA calculation. The default value is 5, and it can be adjusted by the user.
src: This is the input source for the VWMA calculation. The default value is close, which means the indicator is using the closing price of each bar. However, the user can select a different input source by changing this parameter.
filteredVwma1: This is the filtered VWMA calculated based on the volume filter and the fast VWMA length. It is plotted as a line on the chart and can be used to identify short-term trends.
filteredVwma2: This is the filtered VWMA calculated based on the volume filter and the slow VWMA length. It is plotted as a line on the chart and can be used to identify long-term trends.
ma: This is the moving average of the filtered slow VWMA values, which is used to calculate the upper and lower bands. It is plotted as a line on the chart.
offs: This is the offset used to calculate the upper and lower bands. It is based on the standard deviation of the filtered slow VWMA values and is multiplied by 1.6185 * 3. It is plotted as a line on the chart.
up: This is the upper band calculated as the moving average plus the offset. It is plotted as a line on the chart and can be used to identify overbought conditions.
dn: This is the lower band calculated as the moving average minus the offset. It is plotted as a line on the chart and can be used to identify oversold conditions.
Volume Shaded CandlesDescription:
The Volume Shaded Candles indicator (VSC) is a technical analysis tool designed to represent price candles on a chart with transparency based on the volume traded during each candle. This overlay indicator enhances visual analysis by providing a visual representation of volume intensity.
How it Works:
The VSC indicator calculates the volume-to-transparency ratio by dividing the current volume by the highest volume within the last 10 periods. The ratio is then used to determine the shading intensity of the price candles. Higher volume relative to the recent highest volume results in lower transparency, while lower volume results in higher transparency.
Usage:
To effectively utilize the Volume Shaded Candles indicator, follow these steps:
1. Apply the Volume Shaded Candles indicator to your chart by adding it from the available indicators.
2. Configure the indicator's inputs:
- Specify the color for bullish candles using the "Bullish Color" input.
- Specify the color for bearish candles using the "Bearish Color" input.
3. Observe the shaded candles on the chart:
- Bullish candles are colored with the specified bullish color and shaded according to the volume intensity.
- Bearish candles are colored with the specified bearish color and shaded according to the volume intensity.
4. Interpret the shaded candles:
- Darker shading indicates higher volume during the corresponding candle.
- Lighter shading indicates lower volume during the corresponding candle.
5. Combine the analysis of shaded candles with other technical analysis tools, such as trend lines, support and resistance levels, or candlestick patterns, to identify potential trade setups.
6. Implement appropriate risk management strategies, including setting stop-loss orders and position sizing, to manage your trades effectively and protect your capital.
Vollinger BandsI'm happy to present to you... VOLLINGER BANDS. Loosely based on bollinger bands, this indicator uses the new Up/Down Volume indicator from tradingview, which I have add moving averages, and a width calculation between them to determine squeeze. Essentially I have created a volume squeeze bollinger band derivative, hence the term "Vollinger Band".
The bands are NOT a deviation of any middle line or moving average, but rather their own moving averages of the volume delta, respectively.
Blue background = Volume Squeeze (vollinger bands width is less than the squeeze strength line), meaning consolidation, and a big move may happen soon.
Top line = A moving average of the Up Volume delta
Bottom line = A moving average of the Down Volume delta
Vol MA = the moving average length of both the top/bottom line
> If you zoom in, you can see a white line, which is the squeeze represented as a single line, calculated using bollinger bands width. The squeeze strength is a moving average of the squeeze line, which then determines if the width is below that moving average, then the squeeze will occur (white line below purple)
The bands are colored based on the sum of the Up/Down volume over the specified number of bars (preset at 5). If the volume is more buying than selling over that amount of bars, then the line is colored green, and vice versa.
Wyckoff Wave Volume
What Is Wyckoff Wave Volume and How Does It Work?
It is the cumulative sum of exchanged (sold/bought) shares or contracts on a given wave (downward or upward) in a given time plotted below the chart as volume histogram. It shows how much trade is taking place on a given wave. Values are displayed below the chart as opposed to the Wyckoff Wave Chart indicator which displays these values as numbers plotted on the chart.
As you can see in the attached chart, volume candles usually only show a single buyer and seller exposure on the chart. On a normal volume, "Volume Spike" are clearly visible, which play an important role in the analysis. However, the cumulative volume on a wave gives us much more information and shows exactly on which waves the biggest purchases or the biggest sales take place. As in the attached chart, we can see how buyers aggressively carried out the final accumulation action just before the range breakout. In the analysis of the Wyckoff method, cumulative volume is a key indicator to assess the strength or weakness of the market.
It works very similarly the other way around (distribution). Before the market changes direction after large increases, downward waves are characterized by very high volume, which is drawn on the histogram as ultra-high bars. This is information about the distribution carried out by the players - taking profits after increases or opening shorts.
Wyckoff Wave Volume for TradingView
Wyckoff Wave Volume is the best tool to identify turning points in all markets. Money plays in the market, not set ups. Therefore, in order to earn money, you must play in the same direction as the professionals! It is thanks to the observation of the volume that you can know which side the professionals (Smart Money) are on and trade in accordance with their direction. You can also "look" inside the chart and see on the numbers or graphical histogram who controls the market at a given moment - Buyer or the Seller.
Let's Start From The Beginning!
Wyckoff Wave Volume created by Richard Wyckoff in early 1930' were a breakthrough in technical analysis. In his famous technical analysis course, he told his students to "think like waves". Volume analysis was an integral part of his way of investing. During the period when Wyckoff was active in the financial markets wave volume was calculated manually, we now have a fully automated version for TradingView. Using Wyckoff Cumulative Volume you will be surprised how well it identifies turning points in all markets and on any time frame. This tool is very helpful in predicting trend changes in all markets like forex, crypto, futures and stocks.
In order for the indicator to work well on all charts, it is necessary to set the appropriate step in its settings.
"Step" is the wave setting to be taken into account when counting the volume on a given swing. The standard setting for each round is 30. This is the measure of pips on which the next upward or downward wave is to be counted. However, for individual assets, these settings can be adjusted individually.
Weis Wave-Wave TypesWeis Wave - Waves Types indicator
The Concept
This indicator has been created based on David's Weis theory of cumulative volume histograms but this indicator has been enhanced with additional wave types to be able to identify the following:
Visually identify the Effort vs Result concept (too much volume but small pip move or small volume too large pip move). Imbalance of Supply and Demand.
Be able to monitor how volume progresses within the wave, if it is increasing, decreasing or staying steady.
Identify easily the large volume waves using the emphasized volume algorithm to analyze the price reaction afterwards following the theory that Institutions participate on large volumes
What it does
This indicator draws cumulative histograms of 5 different wave types. Up swing histogram is when price goes up and down swing histogram is when price goes down. It adds the volume of each bar within the wave swing, it adds the pips of each bar within the wave swing , it adds the time of each bar within the wave swing, it measures if the volume rate is increasing or decreasing within the wave swing and emphasizes on larger volume volume waves by increasing their size for visual purposes.
How it does it
The length of each cumulative histogram is equal to each wave price swing. The price wave sensitivity can be adjusted by AutoSensitivity parameter (min value =2 and max value=11). The larger the number the more sensitive it is, which means more wave swings will be created. The selectable values for the wave type are: Volume, Pips, Time, Progressive Volume Rate or Emphasized Volume. Furthermore the width of the cumulative histogram bars can be adjusted as well as the color of the up and the down swings. Finally divider input values are available for volume and pip to decrease large numbers on the y-axis of the histograms.
Wave Type Detailed Explanation
Volume: the indicator adds the volume of each bar within the price wave swing and creates a cumulative histogram
Pips: the indicator adds the bar distance from open to close and creates a cumulative histogram of the net pip movement of the price swing
Time: adds the time of each bar within the price wave swing and creates a cumulative histogram
Progressive Volume Rate (PVR): measures the volume rate within each wave (if volume is increasing or decreasing or staying steady as the wave progresses)
Emphasized Volume: the indicator adds the volume of each bar within the price wave swing and creates a cumulative histogram but contains an algorithm that emphasizes the large waves.
How to Use
Draw Support/Resistance and Fib - Monitor carefully the cumulative histograms at these levels. Usually supply and demand imbalance happens at this level.
First and most important of all adjust AutoSesnsitivity to get your swings correct. Getting the correct swings means waves are catching the tops and bottoms of each price wave swings.
Then identify potential trades by:
1. Comparison of cumulative Volume histogram vs Pip histogram which makes the concept of Wyckoff "Effort versus Result" identifiable, lot's of volume with small pip move = lot's of effort vs with small result. Supply and Demand imbalance.
2. Monitor Progressive Volume Rate histogram which measures if the volume rate is increasing, decreasing or remains steady within the price wave swing. This histogram indicates more or less participation as price increases or decreases within the specific wave. For example increase of volume rate as price goes up could mean more participation which could mean that sellers might be entering. Also the opposite is valid increasing volume rate as price goes down could mean that buyers are entering.
3. Emphasized Volume waves, provide a visual emphases on large volume waves only, useful for traders that like to trade with high volume trends and for traders that believe that in large volume waves large institutes participate. Trade with price trend but also with the volume trend concept.
What makes it unique
This indicator is an advance cumulative wave histogram because apart the regular volume histogram and apart form using each wave type individually to make a decision it provides more confidence and becomes more powerful when confluence is used combining the other wave types and by using the strategies mentioned above to a higher probability trade. Some examples are shown below
Example of Effort vs. Result Concept
Example of Progressive Volume Rate
Example of Emphasized Volume
Wyckoff Wave Chart
What Is Wyckoff Wave Chart and How Does It Work?
It is the cumulative sum of exchanged (sold/bought) shares or contracts on a given wave (downward or upward) in a given time plotted on the chart.
Wyckoff Wave Chart for TradingView
Wyckoff Wave Chart is the best tool to identify turning points in all markets. Money plays in the market, not set ups. Therefore, in order to earn money, you must play in the same direction as the professionals! It is thanks to the observation of the volume that you can know which side the professionals (Smart Money) are on and trade in accordance with their direction. You can also "look" inside the chart and see on the numbers or graphical histogram who controls the market at a given moment - Buyer or the Seller.
Let's Start From The Beginning!
Wyckoff Wave Chart created by Richard Wyckoff in early 1930' were a breakthrough in technical analysis. In his famous technical analysis course, he told his students to "think like waves". Volume analysis was an integral part of his way of investing. During the period when Wyckoff was active in the financial markets wave volume was calculated manually, we now have a fully automated version for TradingView. Using Wyckoff Cumulative Volume you will be surprised how well it identifies turning points in all markets and on any time frame. This tool is very helpful in predicting trend changes in all markets like forex, crypto, futures and stocks.
In order for the indicator to work well on all charts, it is necessary to set the appropriate step in its settings.
"Step" is the wave setting to be taken into account when counting the volume on a given swing. The standard setting for each round is 30. This is the measure of pips on which the next upward or downward wave is to be counted. However, for individual assets, these settings can be adjusted individually.
Another important setting is the "Volume Divider" - the cumulative volume numbers on a given swing displayed on the chart will be different for different assets. In the case of penny stocks, it can be even millions of listed assets. In order for the chart not to display too long numbers, you can divide it by 1000 / 10000 / 100000. In the case of small intervals such as 1 or 5 minute charts, "O" may appear at the ends of swings. You should then reduce the "Volume Divider" to 1 or 10.
Accumulation example:
AutoLevels3.0AutoLevels is a script based on the ATR ( Average True Range ) of price action over the past 14 days. It calculates those and includes Fibonacci Extensions to create Levels that are Automatically created each morning. These are not based on past price action but are well respected and easily show patterns throughout the day.
Levels are made up of a BULL BAR , a BEAR BAR ( Go long above Bull, short below Bear Bar ) and the various extensions beyond them. Common Liquidity areas are also highlighted as tan/yellow bars. These are common reversal and contention levels should price action approach them.
Also included are 4 EMAs that have been transformed into 2 separate EMA clouds. These clouds will change color when bearish / bullish and crossing and signal up and downtrends and compress during chop. They are 100% customizable with your own EMA preference. Colors as well.
The Candles are Volume Based Candles. They default to Hollow candles when Volume is below the 24 moving average ( customizable ) and are filled solid when the volume for that time period has HIGH RELATIVE VOLUME. These are GREAT SIGNALS as price action approaches the levels that the AUTOLEVEL indicator generate. When a candle is filled and approaching a level it is likely to break through or attempting to. Low volume candles, hollow, show low conviction in price movement.
Aside from the Fibonacci Levels generated, the EMA Clouds and the Volume Candles you can also select how full or minimal your chart is. ( more levels to only a few ) Also you can extend all levels to the right for future charting or leave that selection off to only generate the static daily levels a few bars ahead.
You can also adjust the timeframe the Autolevels are generating levels for. 1 day is the current day. 1 month plots out a month of levels and is best used with the 1D timeframe.
You can look up my Twitter account for hundreds of examples of daily use.
Weis Wave With Speed Index SignalsWeis Wave with Speed Index Signals
The Concept
This indicator has been created to try to quantify "Change in Behavior" concept and provide buy and sell based on this concept. What is Change in Behavior? Price is moving at speed rate based on the trading volume direction (buyers and sellers) until there is imbalance of Supply/Demand. An algorithm has been created to identify this change of Supply/Demand behavior producing a number called "Speed Index". Abnormal Speed Index notes this change in behavior when compared with previous Speed Index numbers of the same pair and in the same timeframe. Speed Index is a relevant number and it's use is to be compared with previous Speed Index numbers and not as an absolute number. Based on Speed Index Behavior of recent waves, price and price wave structure buy and sell signals are available called Plutus.
What it does
This indicator draws a waveline of price waves swings. Up swing is when price goes up and down swing is when price goes down. It adds the volume of each bar within the wave swing, it measures the distance in pips of each swing and measure the numbers of bars of each swing. Furthermore, it creates the Speed Index of each swing, the average Speed Index of x selectable wave swings back as well as the average of Speed Index of the x up swings back and the average of the down swing. The indicator is also able to designate a Fast wave which means large pip move with small volume with the letter "F" displayed next to Speed Index and a Slow wave which small pip move with small volume with the letter "S". Finally based on price, Speed Index history and structure it creates eight buy/sell signals called Plutus.
Information available for display all selectable
For each wave swing: Total Volume, Pip Distance, Number of Bars or Total Volume + Pips or Total Volume + Pip Distance+Total Number of Bars
For each wave swing: Speed Index or Total Volume + Speed Index or Speed Index + Average Speed Index or Speed Index+(F or S).
Plutus buy and sell signals when criteria of price location, speed index comparison (abnormal speed index) and wave price structure have been met.
How it does it
This indicator draws a wave-line of price waves swings. Wave Sensitivity can be adjusted by AutoSensitivity parameter (min value =2 and max value=11). The larger the number the more sensitive it is, which means more wave swings will be created. All calculations are based on each wave swing. The code calculates all the above mentioned on the "Information available for Display" section. Based on price, Speed Index history, Speed Index ratio and structure Plutus buy and sell signals are created. The default value of Speed Index ratio is 2. Decreasing Speed Index ratio will create more signals while increasing it will create less signals.
Note: last wave re-paints and no information is displayed on the forming wave, but the whole trading methodology is based on reading previous waves information.
Technical Information
Speed Index
High Speed Index number means a slow wave "S" = Abnormal Speed (high volume small pip move)
Low Speed Index number means a fast wave "F" =Anormal Speed (small volume large pip move)
Normal Speed Index number (are the more frequent numbers seen in the chart which means that the market agrees with the move).
Plutus Signals
PL - Plutus Long, this is when the price will follow in the same direction of the wave with the High Speed Index. When signal is generated we enter when price close breaks the previous two wave structure Resistance Level
PS - Plutus Short, same as above, this is when the price will follow in the same direction of the wave with the High Speed Index. When signal is generated, we enter when price close breaks the previous two wave structure Support Level
PRL - Plutus Reversal Long, this is when the price will go in the opposite direction of the wave with the High Speed Index.
PRS - Plutus Reversal Short, same as above, this is when the price will go in the opposite direction of the wave with the High Speed Index.
PFL - Plutus Fake Long, this when price will do a fast break of the previous down swing bottom and then comes back within the previous swing range (fake break)
PFL - Plutus Fake Short, this when price will do a fast break of the previous up swing top and then comes back within the previous swing range (fake break)
WU - Wyckoff Upthrust plutus (short signal)- this is when the last two swings resemble(are) Wyckoff's UpThrust pattern price swings. This resemblance together with Speed Index criteria and price break of structure create this signal.
WS - Wyckoff Spring plutus(long signal)- this is when the last two swings resemble(are) Wyckoff's pattern price swings. This resemblance together with Speed Index criteria and price break of structure create this signal.
How to use it
Draw Support/Resistance and Fib - usually supply and demand imbalance happens at his level
First and most important of all adjust AutoSesnsitivity to get your swings correct, meaning that are catching the tops and bottoms of each price wave swing.
Monitor Speed Index behavior. Be alerted from Abnormal Speed Index number. You can also set using the Extreme Threshold parameter that provide you an alert if the current Speed Index is above or below average Speed Index of x waves back and also meets the min and max bar criteria. For example if we would like to be alerted for a an Abnormal Speed Index of a Slow wave of at 3 bars then we have set the Min Slow Bar parameter to 3, the Extreme Threshold parameter to 0.5 (50%) and the Avg Waves back to 8 then an alert will be produced if the wave before the forming has at least 3 bars and the Speed Index of the wave is 50% higher than the Average Speed Index calculated from 8 waves back. For a Fast wave we can set the Min Fast Bars to 1, Extreme Threshold to 50% and Avg Waves back to 8 which means that we will get an alert if the wave before the forming one has at least 1 bar and it's Speed Index is at least 50% less than the Speed Index Average of 8 waves back.
Plutus signals provide buy and sell entries after specific criteria have been met. These signals have a higher success rate when price is exiting a range or when price is leaving from Support/Resistance or Fib. Consider Plutus signals invalid within a range unless is the exit of the range (Range Break)
What makes it unique
The ability to identify, quantify and be alerted of the Change in Behavior of waves swings when compared with recent previous wave swings making it easier for the trader to be notified about Supply / Demand imbalance. Furthermore, another unique point of this indicator is the Plutus signals providing buy and sell entries. Plutus entries take into consideration this Abnormal Behavior, the wave swings structure and price location.
Example Trades
Wyckoff Up- rust formation strategy- Reading the chart
1. We have broken a Resistance Level with a Fast Speed Index of 0.7F
2. Abnormal Speed Index of 2.3 provides the alert for abnormal Speed Index behavior. There is not a high Speed Index like that in all the up wave swings which automatic makes it abnormal Supply Demand imbalance.
3. WU - Wyckoff Up-trust plutus signal has been created, which means Short.
4. PRS - Plutus Reversal Short also created at the same location which makes the Short even a higher probability trade
5. Entry: We enter Short on the close of the bar
Exit from Range Strategy - Reading the chart
1. We are in a Ranging environment
2. PS and PRS are invalid signals because according to the rules mentioned previously we do not trade any signals created within the range when the price does not break the range.
3. PRL - Plutus Reversal Long which means that price will move in the opposite direction of the High Speed Index (the 2.2) is a valid signal since price breaks the top of the range
4. Entry Long after breaking the top of the range
PRL after Support hit Strategy and Exit from Range Strategy - Reading the chart
In this we have two different strategies available. The first one is Plutus Reversal Long signal after hitting support and the second on an Exit from Range.
The Story:
1. We have hit support (double bottom)
2. Speed Index 2.2 at the bottom is on the High side, not too extreme but on the high side.
3. A PRL long signal is generated which means that price will move in the opposite direction of the 2.2 Speed Index
4. Entry Long on the close of the bar- This trade has provided 482 pips of profit
5. Price goes into Range
6. Classic textbook strategy Exit from Range with Plutus. We get a PL Plutus Long signal which means price will follow the directions of the high Speed Index wave and in this case is the 2.7 wave
7. Entry Long after the range break. This trade provided 384 pips up to now.
Display Trade Volume with MA Angle and Price VelocityThis Pine Script indicator is designed to provide traders with a visual representation of trade volume, moving average (MA) angle, and price velocity on a chart. The primary components of this indicator are:
Trade Volume: The indicator compares the current bar's trade volume with the average volume over a user-defined lookback period. The volume is displayed as either "Low" or "Trade" in a table, with red or green background color, respectively, to indicate whether it's below or above the average volume.
MA Angle: The indicator calculates the angle of the moving average (either Simple, Exponential, or Hull) over a user-defined length. A positive angle is shown in green, while a negative angle is shown in red. The angle is displayed in degrees in the table.
Price Velocity: This component calculates the velocity of price movement by comparing the difference between high and low prices over a user-defined lookback period. It then displays the velocity as either "Slow" or "Fast" in the table, with red or green background color, respectively, depending on whether it's below or above the average difference.
The indicator also includes alert conditions for high and low volume situations, notifying the trader when the current bar's volume is significantly higher or lower than the average volume.
ETH Volume*Close Top Exchanges in millions $The script is designed to create a custom indicator that calculates the total volume of Ethereum traded on various exchanges, calculated in millions of dollars, and then plots a histogram of that volume along with a Simple Moving Average (SMA) of the volume.
The script starts by setting some input parameters such as the length of the SMA and the range period. It then requests data on the volume of Ethereum traded on several exchanges such as Binance, Coinbase, Kraken, and others. It calculates the combined total volume across all these exchanges and multiplies it by the close price of Ethereum to get a value in millions of dollars.
The script then checks if the volume is rising while the price is lower than the previous 5 bars high and higher than the previous 5 bars low, and if so, it sets the color of the histogram bars to white. It then plots the histogram bars and the SMA on the chart.
BTC Volume*Close from Top ExchangesThe script is designed to create a custom indicator that calculates the total volume of Bitcoin traded on various exchanges, calculated in millions of dollars, and then plots a histogram of that volume along with a Simple Moving Average (SMA) of the volume.
The script starts by setting some input parameters such as the length of the SMA and the range period. It then requests data on the volume of Bitcoin traded on several exchanges such as Binance, Coinbase, Kraken, and others. It calculates the combined total volume across all these exchanges and multiplies it by the close price of Bitcoin to get a value in millions of dollars.
The script then checks if the volume is rising while the price is lower than the previous 5 bars high and higher than the previous 5 bars low, and if so, it sets the color of the histogram bars to white. It then plots the histogram bars and the SMA on the chart.
ChArt Path"ChArt Path" shows the same datas as the candles, but as a channel, instead of individual candles.
It allows to focus on the direction of the price (instead of wondering the meaning of each candle), which hopefully simplifies the analysis, and reduces the confusion.
Also, it is artistically customizable!
A little time might be necessary to get used to this indicator.
NOTES FOR INSTALLATION:
- Japanese candles might be more expressive than Heiken Ashi, with this indicator.
- Hide the candles in the chart settings (right click on an empty space in the chart, then "Settings", "Symbol", and uncheck "Body", "Borders" and "Wick").
- Add "ChArt Path" to the chart.
- In the indicator's settings, choose the options you prefer. The Advanced setting are tuned by default for dark themes (bgcolor: black/#0a0c12). Feel free to make them your own!
HOW TO READ THE CHART?
- The path is between 2 borders (black by default) that represent the body of the candle (without the wicks).
- The wicks are represented around the path, as a gradient. This makes a price rejection very easy to spot, as a spike for ex.
SETTINGS
The standard settings are simple. You can pick 2 colors (bullish and bearish) for the path. And 1 color for the wicks.
The advanced settings let you customize the wicks' colors and opacity. You can also activate the gradient of volumes inside the path, to indicate the volume behind each candle.
HOW TO USE CHART PATH?
I use it on 2 timeframes (direction/entry), both with FREMA Trend (See below).
When there is a wick spike (price rejection), followed by an arrow signal in FREMA Trend, then there might be an opportunity. I look for confirmations from different origins, like volume, momentum, and cycles.
DO NOT BASE YOUR TRADING DECISIONS ON 1 SINGLE INDICATOR'S SIGNALS.
Always confirm your ideas by other means, like price action and indicators of a different nature.
NOTES ABOUT THE GRADIENT OF VOLUMES:
The more intense is the color, the bigger is the volume.
The unit is a 400 periods moving average of the volumes, considered as 1 volume.
Each color represents half of this volume. For ex: Grays indicate under (or equal) to the 400 MA (low volumes). Bright yellow represents above 7 times the 400 MA (very high volumes).
When there's no available volume datas, the candles turn bright green by default.
Crypto Uptrend Script + Pullback//Volume CandlesDescription: his is an adaption of my Pullback candle - This works on all timeframes and Markets (Forex//Stocks//)
Crypto Uptrend Script with Pullback Candle allows traders to get into a trend when the price is at end of a pullback and entering a balance phase in the market (works on all markets). The use of Moving averages to help identify a Trends and the use of Key levels to help traders be aware of where strong areas are in the market.
This script can work really well in Crypto Bull Runs when used on HTF and with confluences
The script has key support and resistance zones which are made up of quarterly data. Price reacts to these areas but patience is required as price will take time to come into these areas
I have updated the Pullback Candle with the use of Volume to filter out the weak Pullback Candles -
There are new candles to the script.
The First candle is the Bullish Volume Candle - This candle is set to a multiplier of 2x with a crossover of 50/100 on Volume - this then will paint a purple candle.
Uses of the Bullish Volume Candle:
Breakthrough of key areas // special chart patterns
Rejection of key areas
End of a impulse wave (Profit Takers)
The second candle is a Hammer - I prefer using the Hammers on Higher Timeframes however they do work on all timeframes. .
The third candle is a Exhaustion of impulse downward move.
Uses of this candle - can denote a new trend but has to be with confluence to a demand area // support area or with any use of technical analysis - using this alone is not advised
The fourth candle is a indecision candle in the shape of a Doji - this candle can help identify if the trend is in a continuation or a reversal
This script can work really well in Crypto Bull Runs
Disclaimer: There will be Pullbacks with High Volume (Breakouts) and not go the way as intended but this script is to allow traders to get into trends at good price levels. The script can paint signals in areas where price is too expensive so please do your own due diligence on the markets as this script is to help get into good areas of price
Please leave a thumbs up if you like this script and message me for information on how to use the script.
Volume Forecasting [LuxAlgo]The Volume Forecasting indicator provides a forecast of volume by capturing and extrapolating periodic fluctuations. Historical forecasts are also provided to compare the method against volume at time t .
This script will not work on tickers that do not have volume data.
🔶 SETTINGS
Median Memory: Number of days used to compute the median and first/third quartiles.
Forecast Window: Number of bars forecasted in the future.
Auto Forecast Window: Set the forecast window so that the forecast length completes an interval.
🔶 USAGE
The periodic nature of volume on certain securities allows users to more easily forecast using historical volume. The forecast can highlight intervals where volume tends to be more important, that is where most trading activity takes place.
More pronounced periodicity will tend to return more accurate forecasts.
The historical forecast can also highlight intervals where high/low volume is not expected.
The interquartile range is also highlighted, giving an area where we can expect the volume to lie.
🔶 DETAILS
This forecasting method is similar to the time series decomposition method used to obtain the seasonal component.
We first segment the chart over equidistant intervals. Each interval is delimited by a change in the daily timeframe.
To forecast volume at time t+1 we see where the current bar lies in the interval, if the bar is the 78th in interval then the forecast on the next bar is made by taking the median of the 79th bar over N intervals, where N is the median memory.
This method ensures capturing the periodic fluctuation of volume.
Indicatore volatilità v5 con segnali------------- INGLESE -------------
This indicator uses an exponential moving average (HMA) of the length specified by the user to calculate market volatility. Volatility is calculated by multiplying the Average True Range (ATR) by the simple moving average (SMA) of the volume.
The code uses colors to display market conditions. If the closing price is above the HMA, the columns turn green. If the closing price is below the HMA, the columns turn red. If volatility is below the SMA of volatility multiplied by the user-specified sideways volatility threshold, the columns turn orange.
In addition, the code uses the Rate of Change (ROC) to generate buy and sell signals. If the ROC is positive and the columns are green, a buy signal is generated and the columns turn black. If the ROC is negative and the columns are red, a sell signal is generated and the columns turn purple.
In summary, this indicator uses colors to display market conditions and help the user enter and exit the market based on volatility.
If you like this indicator give me a boost and leave a comment!! Thank you!
------------- ITALIANO -------------
Questo indicatore utilizza una media mobile esponenziale (HMA) della lunghezza specificata dall’utente per calcolare la volatilità del mercato. La volatilità viene calcolata moltiplicando l’Average True Range (ATR) per la media mobile semplice (SMA) del volume.
Il codice utilizza i colori per visualizzare le condizioni di mercato. Se il prezzo di chiusura è superiore all’HMA, le colonne diventano verdi. Se il prezzo di chiusura è inferiore all’HMA, le colonne diventano rosse. Se la volatilità è inferiore alla SMA della volatilità moltiplicata per la soglia di volatilità laterale specificata dall’utente, le colonne diventano arancioni.
Inoltre, il codice utilizza il Rate of Change (ROC) per generare segnali di acquisto e vendita. Se il ROC è positivo e le colonne sono verdi, viene generato un segnale di acquisto e le colonne diventano nere. Se il ROC è negativo e le colonne sono rosse, viene generato un segnale di vendita e le colonne diventano viola.
In sintesi, questo indicatore utilizza i colori per visualizzare le condizioni di mercato e aiutare l’utente a entrare e uscire dal mercato in base alla volatilità.
Se ti piace questo indicatore mettimi un boost e lascia un commento!! Grazie!
