A simple but effective indicator that paints candles with different shades of colors based on the volume transacted. -> Supports 6 levels of sensitivity at present. Might enhance the granularity later. -> Darkest indicates the most volume transacted. Lightest, the least. Change it around however you see fit and based on your theme. -> Use it for your Volume...
This indicator shows both the Rolling VWAP and Standard Deviations as set by the user. The Rolling VWAP calculation is similar to the standard VWAP although it calculates the volume weighted average price over the specified period of time (lookback), resetting for each subsequent bar. The unique aspect of this indicator is that instead of calculating the RVWAP...
We often hear statements such as follow the big volume to project possible price movements. Or low volatility is good for trend. How much of it is statistically right for different markets. I wrote this small script to study the impact of Volatility and Volume on price movements. Concept is as below: Compare volume with a reference median value. You can also...
This indicator is used to check the average daily volume traded per day in USD ($) The formula is: Value = Volume * ohlc4
This script tries to draw OBV for BankNifty using Futures Volume along with Average OBV. For Nifty50 just change the Futures Volume symbol in settings. Look at devations in Price vs OBV or Average OBV breakout. NSE:NIFTY NSE:BANKNIFTY
The aim of this volume indicator is quite simple: to pinpoint extreme volume spikes and how unusual these extremes are in comparison to all the chart's volumes. The label displayed at the end of the indicator updates according to the settings you choose; It shows the volume EMA length and how many times (the EMA) the current volume bar as to be above to be...
This script allows you to gain insight into volume such as differentiating between buy and sell volume, 30 day average, 30 bar average, and more.
Price - Some people say "Price Action is King". I say, we cannot know how the MMs (Market Makers) will move price next, period. But price tends to consolidate above key SR when MMs are filling short orders for SM (Smart Money) and long orders for DM (Dumb Money), and price tends to consolidate below key SR when MMs are filling long orders for SM and short orders...
Describing how much bitcoin price moves due to active buy/sell orders, using price data from BINANCE:BTCUSDT but summing up the volume data from BINANCE:BTCUSDT, COINBASE:BTCUSD, BITHUMB:BTCKRW, BITFLYER:BTCJPY, KRAKEN:BTCEUR, FTX:BTCUSD, BITSTAMP:BTCUSD, BITFINEX:BTCUSD. The script is based on another script in the following The recommended setting is 1m...
To see the volume of Nifty and Banknifty indices we often refer to their Futures chart. With the help of this script, you can directly plot the volume of Nifty Futures over the Nifty chart and Bank Nifty Futures over the Bank Nifty chart. If the scrip entered is other than Nifty or Bank Nifty it will plot the default volume of that scrip.
Intrabar up/down movement divided by intrabar up/down volume , by counting the candles in a lower time frame. This shows how much active buy/sell orders can push the price and evaluate the selling/buying pressure, and can be used to identify potential swing highs and lows or to confirm patterns.
Hello! BE SURE TO RUN THE SCRIPT WITH BAR REPLAY TO SEE WHAT IT DOES! I hope you like it! This script calculates the total short volume, total volume, and the short volume / total volume ratio since the 2-year high price. In addition, the approximate dollar value of all short volume since the 2-year high, and the approximate dollar value of all non-short sell...
This indicator highlight candles when Volume surge "X" times in compare of last "n" candle. It helps you to find moments of market which Volatility and Position volumes raise significantly. In other words, It shows footstep of "Big Banks" or "Whales" or other Giants ;) - default value highlight candles when Volume is 2 time more than average of last 30 candle....
- This is a different view of the indicator TLD (The Lie Detector) created by the PineCoder LucF. Thanks LucF for the inspiration and for the great job you've been done. - Considerations : This is my first "indicator" ever, so please ignore any redundancies. I'm brazilian so please ignore any english mistakes. I'm not saying mine one is better or worse than LucF's...
Volume Profile (also known as Price by Volume) is an charting study that displays trading activity over a specified time period at specific price levels. It is plotted as a horizontal histogram on the finacial isntrumnet's chart that highlights the trader's interest at specific price levels. The histogram is used by traders to predict areas of support and...
“KCGmut” stands for “Mutations Of Keltner Center Of Gravity Channel”. After adding the ‘KeltCOG Width’ label to the KeltCOG, I got the idea of creating a subpanel indicator to show the development of the width-percent in previous periods. After some more thinking, I decided that the development of the COG-width-percent should also be reported and somehow the...
Cumulative Delta of Open Interest Profile This script lets you visualize where there were Open Interest build-ups and discharges on a price basis. It only supports pairs where TradingView added the appropriate Open Interest data (at the time of posting that is only Binance and Kraken perpetual contracts) The script uses my own functions to poll lower timeframe...
The Volume-Accelerated Directional Energy Ratio (VADER) makes use of price moves (displacement) and the associated volume (effort) to estimate the positive (buying) and negative (selling) "energy" behind the scenes, enabling traders to "read the market action" in more details and adjust their trading decisions accordingly. How does VADER...