Script is designed to analize volatility in real-time. Once added to chart, script starting to collect 2 things: Ticks count (tc) Price changing ticks count (pctc) The pctc/tc ratio may be interpret as a volatility measure. Label above real-time bar shows: Ticks count Price changing ticks count Ratio between (2) and (1) in percents Using this...
The Liquidation Levels indicator aims at detecting and estimating potential price levels where large liquidation events may occur. By analyzing liquidation Levels, traders can identify potential support & resistance levels, identify stop-loss levels, and gauge market sentiment and potential areas of price volatility. 🔶 USAGE Liquidation refers to the...
The PhantomFlow Dynamic Levels indicator analyzes the dynamic volume over the period specified in the Period field. Channel boundaries can be used as dynamic support and resistance levels when trading within a range. The POC level also serves as a level at which the price may react during trend movements. The Period Multiplier parameter affects how many dynamic...
Anchored Moving Average? An anchored moving average (AMA) is created when you select a point on the chart and start calculating the moving average from there. Thus the moving average’s denominator is not fixed but cumulative and dynamic. In this indicator, I've provided three different types of Anchored Moving Averages, viz., WMA, SMA and VWAP. WMA is relevant...
Library "lib_profile" a library with functions to calculate a volume profile for either a set of candles within the current chart, or a single candle from its lower timeframe security data. All you need is to feed the method delete(this) deletes this bucket's plot from the chart Namespace types: Bucket Parameters: this (Bucket) method...
Key Components : 📍 Natural Logarithm Function : The script starts by employing a custom Taylor Series approximation for natural logarithms. This function serves to calculate entropy with higher accuracy than conventional methods, laying the foundation for further calculations. 📍 Entropy Calculation : The core of this indicator is its entropy function. It employs...
The RSI indicator is a powerful tool that utilizes both volume and time to determine market trends. When there is a low volume of trades in a short period of time, but the trading activity is high, it is considered bullish or bearish. In the case of a bullish trend, the RSI indicator will display a green color, while a bearish trend will be represented by a red...
The PhantomFlow AccumulationDetector indicator analyzes the volume profile and displays potential accumulation based on the selected timeframe in the settings. This indicator can be used both as zones for trend following and for identifying reversals, as shown in the examples on the chart. The logic behind the formation of the accumulation zone is based on the...
This code is a custom script designed for analyzing trading volume within a specific time window on the TradingView platform. It offers a comprehensive analysis of buying and selling activity during a defined period and provides visual aids and data summaries for traders to make informed decisions. Here's a detailed breakdown of its functionality and how to use...
The 'MarketSmith Volumes' is to be used with the 'MarketSmith Indicator' and 'EPS & Sales' in order to mimic fully MarketSmith Graphs with the maximum number of indicators allowed by a free Tradingview Plan: 3 This indicator is no more than a simple volume indicator where all parameters are already adjusted to resemble MarketSmith graphical volumes. Also you...
The "Buyer/Seller Dominance" indicator script, developed by Deepanshu Sharma under The Market Wisdom (TMW), is a powerful analytical tool designed for use on the TradingView platform. This script is released under the Mozilla Public License 2.0, and it offers traders and investors an innovative perspective on market dynamics by assessing the relative strength of...
The Dynamic Point of Control (POC) indicator provides traders and analysts with insightful information about price levels, volume distribution, and sentiment within a specified historical range. Instant Updates : POC recalculates with every new bar, keeping you ahead of the game. Market Bias : Assess market sentiment through bullish volume share. Customization...
The indicator calculates a time-decayed moving sum of volume data for both bullish (green) and bearish (red) candles. It then generates a volume share oscillator as a smoothed and weighted (time-decayed) moving sum of bullish volume (positive share) or bearish volume (negative share) relative to the total volume. The volume share is displayed as an area chart...
This indicator is designed to visualize the volume delta, which represents the difference between buying and selling volumes during each candle period. The indicator plots custom candlesticks on the chart, with OHLC values calculated based on the volume delta. Calculations: To calculate the volume delta, the indicator first determines the buying and selling...
The indicator calculates buy and sell volume values for different look-back periods based on the high, low, close, and tick volume data of the chart. The range can be selected by adding the end date and the look-back period, which starts from the end date. It can calculate a maximum of 100 candlesticks. The calculated buy and sell volume values are stored in...
The enhanced Volume+ Indicator is a valuable tool that builds upon the traditional Volume indicator by incorporating a technique known as linear prediction. In traditional Volume analysis, the volume data for a bar is only known once the bar has closed. However, with the enhanced Volume+ Indicator, we utilize linear prediction to estimate the closing volume of...
Edit of TradingView's LTF CVD TradingView's CVD is already the most accurate CVD on the platform because of the LTF data. The purpose of the edit is to provide the ability to compare volume flow between multiple exchanges, futures & spot, multiple symbols or any other potential use case. All in single layout or even a single pane. Added features: - Option...
The "Liquidity Peaks" indicator is a tool designed to identify significant supply and demand zones based on volumetric analysis. It analyzes the volume profile within a specified lookback range to pinpoint the most volumetric point and draw corresponding zones on the price chart. The 𝐋𝐢𝐪. 𝐏𝐞𝐚𝐤𝐬 indicator utilizes volume data to identify key supply and demand...