REVE stands for ‘Range Extensions Volume Expansions’. It seeks to report the same as the REVE which I published before. However the code uses a different algorithm to find the ‘usual range’ or ‘usual volume’ to which the current range and volume is compared. In the old REVE a function is coded which mimics a median() function.. In this code the median() function...
What are TPOC & VPOC? TPOC (time point of control) and VPOC (volume point of control) are points in price where highest amount of time/volume was traded. This is considered key information in a market profile, as it shows where market participant interest was highest. Unlike full fledged market profile that shows total time/volume distribution, this script shows...
OVERVIEW The Change of Volatility indicator is a technical indicator that gauges the amount of volatility currently present in the market. The purpose of this indicator is to filter out with-trend signals during ranging/non-trending/consolidating conditions. CONCEPTS This indicator assists traders in capitalizing on the assumption that trends are more likely...
This script allows you to keep track of Forex market sessions (Tokyo, London and New York), as well as Daily, Weekly and Monthly sessions. All of them are accompanied by Volume Profile options where you can view VP Histogram, Point of Control, Value Area High and Value Area Low. Colors, lines and other design preferences are fully customizable. * Volume Profile...
This indicator displays the volume in the currency of the asset. It also draws the average for a certain period and the average multiplied by the coefficient. If the volume is higher than the average multiplied by the coefficient, then the histogram bars and candlesticks on the chart are highlighted in color. Also, the indicator sends alerts at such moments. The...
This indicator detects Signs of Strength (SOS) and Signs of Weakness (SOW) on individual candles. SOS/SOW are detected by measuring volume as a comparison to a moving average, price making a swing high or swing low, and candlesticks meeting certain criteria. All these different factors are weighted (importance) and added together to create a total score. Scores...
PVSRA volume bars color coded to PVSRA vector candles and with override option and configurable moving average. Indicator displays volume bars color coded to PVRSA price action and allows the user to override the chart symbol. Developed for TradersReality by infernixx with library conversion by peshocore.
Chaikin Money Flow is a well-known Indicator for gauging buying/selling pressure. Marc Chaikin intended this to be used on the daily timeframe to capture the behavior of price action at or near the daily close when larger-scale actors influence the market. The calculation is straight forward as described within the built-in TradingView "CMF" indicator: 1. Period...
Correlation-Co _OI This Indicator uses a Correlation Coefficient to compare a Crypto Currency to the Binance Open Interest feed if the data is provided A move in the same direction is indicated with a positive value (the indicator will move up) A move in the opposite direction the indicator will indicate with a negative value (the indicator will move down) If...
This indicator allows you to quickly view all important parameters in the table. The table consists of a daily volume indicator, an average volume for a certain period, a volatility indicator (normalized ATR) and a correlation coefficient. All parameters can be flexibly customized. You can also customize the table display, styles, and more. This indicator is...
Here is a new screener for everyone. I have applied my Better Divergence On Any Indicator logic to scan 3 different indicators and up to 6 different assets at one time. Shoutout to LonesomeTheBlue and QuantNomad for their respective work on divergence and scanner scripts. I've implemented similar logic to put together this scanner. So far, I have added...
There are a million oscillators out there based on volume. My biggest problem with them is that they simply tell you whether you have volume to the upside or volume to the down side. it's kind of tricks you with the lack of information into thinking you have a change in your trend or that you're going to be able to break out of a range across a moving average or...
GAPs Gaps are areas on chart where the price have moved sharply up or down, with no trading in between. Gaps often fill, but they don't have to. Volume Imbalance Volume imbalance - determined using 2 candles Bullish Volume Imbalance - area between the close of 1st candle and the open of 2nd candle Bearish Volume Imbalance - area between the close of 1st candle...
UFO + Realtime Divergences (UO x MFI) + Alerts The UFO is a hybrid of two powerful oscillators - the Ultimate Oscillator (UO) and the Money Flow Index (MFI) Features of the UFO include: - Optional divergence lines drawn directly onto the oscillator in realtime. - Configurable alerts to notify you when divergences occur, as well as centerline crossovers. -...
Physics Candles embed volume and motion physics directly onto price candles or market internals according to the cyclic pattern of financial securities. The indicator works on both real-time “ticks” and historical data using statistical modeling to highlight when these values, like volume or momentum, is unusual or relatively high for some periodic window in...
OVERVIEW The Keltner Channel Volatility Filter indicator is a technical indicator that gauges the amount of volatility currently present in the market. The purpose of this indicator is to filter out with-trend signals during ranging/non-trending/consolidating conditions. CONCEPTS This indicator assists traders in capitalizing on the assumption that trends are...
Use this indicator on Daily Timeframe This script enhances the standard Open Interest indicator in the following ways Pulls Current Month and Next Month OI and sums up the data - COI Works even if input symbol is stock/index and appends Current and Future suffix to pull the data
*Up/Down Volume Indicator This indicator plots the 15m volume (black line) on the 1m chart alongside the sum of 1m volume for 15m (blue line). This indicator allows us to see the raw data that will generate the 15m volume before it occurs. Next it seperates up period volume (green line) from down period volume (red line) so that we can see how much of each...