Relative Volume shows traders how "in-play" a current stonk is. Works great for day traders and scalpers! Volume of Current TimeFrame's ratio to the average volume over X days back on the same time frame. ie . z = Volume at 0930-0940am over X days period divided by X rVol = current volume divided by z Dots at the bottom to indicate candles whose RVOL is morethan...
This is the best version of relative volume you can find a claim which is based on the logical soundness of its calculation. I have amalgamated various volume analysis into one synergistic script. I wasn't going to opensource it. But, as one of the lucky few winners of TradingClue 2. I felt obligated to give something back to the community. Relative volume...
Use of GoldenCO Aie2 This market price movement trend analysis uses exponential moving average which is ema5/20/50. The purpose of using this EMA is to find out the effect of price changes that occur and the current trend of the market whether bullish or bearish. It is suitable for short-term or long-term trading. for short term trading, the trader uses...
The goal of this is to link two parameters of different known low and high values so one affects the other. In this case, I want to link Relative Volume to the length of an EMA, so it responds faster in times of high volume. As an animator I am used to linking values in this way with Maya using a set driven key, took some work to figure it out in pine. Looking up...
This indicator takes the Performance Table from @BeeHolder and converts it to a Relative Performance table so you can compare the current chart vs. an Index (or whatever other ticker you want) to see the relative performance of one vs. the other. I also added a cell for ADR, which is also the same value as "Monthly Volatility" in the stock screener. This can be...
Relative volume compares the volume at a specific time in the trading day versus the prior volume at the same time of day over a specified range. This is an ideal way to gauge if there is significant volume driving a price move, either up or down. What's Unique About this Relative Volume Indicator? Many relative volume indicators simply divide the current volume...
The Relative Vigor Index was created by John Ehlers (Cybernetic Analysis For Stocks And Futures pg 58) and this is a momentum indicator that is similar to the Accumulation Distribution Oscillator created by Jim Waters and Larry Williams. He uses digital signal processing to smooth the indicator to provide clear buy and sell signals. The idea behind this indicator...
Contents Overall Introduction Settings menu parameters Usage How to use alerts Limits Overall Introduction This indicator is a "volume analysis" tool for confirming the direction and strength of price trend and spotting trend reversals. This tool consists of two parts: 1- The colored graph is a custom volume oscillator which shows the relative...
This is a simple indicator that expands the usability of Standard deviation into a universally usable indicator. This indicator displays the volatility as standard deviation as a % of asset value, this allows using more standardized and comparable values across multiple instruments and asset classes.
This is a custom indicator of mine loosely based on the work by James Garofallou (Stocks and Commodities Sep 2020 pg 14) and this is meant for medium to long term trend confirmations. The idea behind this indicator is to capture 3 different dimensions of trend strength. The first dimension captures the overall strength of the underlying stock vs the market (in...
This RSI script includes everything you could want on an RSI. There are multiple timeframes which will give context to market movement, as well as a highlight feature to make it easier to visualize overbought and oversold stocks. Tip: Uncheck the 4 plots with no color in them to remove the extra headers on the indicator.
Relative Volume indicator that pulls data from 9 different Ethereum exchanges. Please note that this indicator only works with ETH and will not use data from your current chart. Includes the following exchanges: BYBIT:ETHUSD BITFINEX:ETHUSD BITSTAMP:ETHUSD INDEX:ETHUSD COINBASE:ETHUSD FTX:ETHUSD PHEMEX:ETHUSD BITTREX:ETHUSD POLONIEX:ETHUSDT
Relative Volume indicator that pulls data from 9 different Bitcoin exchanges. Please note that this indicator only works with BTC and will not use data from your current chart. Includes the following exchanges: BYBIT:BTCUSD BITFINEX:BTCUSD BITSTAMP:BTCUSD INDEX:BTCUSD COINBASE:BTCUSD FTX:BTCUSD PHEMEX:BTCUSD BITTREX:BTCUSD POLONIEX:BTCUSDT
Relative volatility highlights large changes in price. This was designed to be used with my relative volume indicator so that traders can see the effect of volume on price action. It is also a good tool to analyse breakout patterns to identify best entry points and waves. Above shows relative volatility and relative volume working together.
This tool displays relative volatility and directional trend. Excellent way to pickup diversions and reversals. Length can be lowered to 11 or 13 in settings to show price range. Can be used to identify patterns such as parallel channels and likely direction of price action as pictured below.
Volume can be a very useful tool if used correctly. Relative volume is designed to filter out the noise and highlight anomalies assisting traders in tracking institutional movements. This tool can be used to identify stop loss hunters and organized dumps. It uses a variety of moving averages to hide usual activity and features an LSMA line to show trend. Trend...
This is combo strategies for get a cumulative signal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The strategy buys at market, if close price is higher than the previous close during 2 days and the meaning of 9-days Stochastic Slow...
This case study is based on a previous RSI study, but with three different counts to compare different trends. The use of this indicator is restricted to private use, and it can be used only by invitation. Different functionalities have been added to the original code, such as alerts and signals that seek to make trading much easier to interpret by any type...