Volume Indicator for Option Trading, it is a simple indicator based on Relative Strength Index. There are two horizontal lines are mention 10 and -10, if bar crossed above the (Line 10) then go for buy and when Bar cross under (Line -10) go for sell side. If Bar Color changed to Respective color of the previous bar i.e. color gets darker then you can exit/...
VOLUME SPIKES & GROWING VOLUME SIGNALS WITH ALERTS & SCANNER This indicator shows arrows when there is a volume spike. It also paints the background when volume is growing. There is also a volume scanner for 8 tickers that will change color in real time when your other favorite tickers see volume growth and spikes. You can customize the length of DMI, the number...
Renko with Volume and Time in the box was developed by David Weis (Authority on Wyckoff method) and his student. I like this style (I don't know what it is officially called) because it brings out the potential of Wyckoff method and Renko, and looks beautiful. I can't find this style Indicator anywhere, so I made something like it, then I named "Numbers Renko"...
This is a very important volume-price indicator for me. Displays the average cost of chips for the short term (30 days), medium term (60 days), and long term (200 days). Chip lines act as support and resistance. The longer the trend days, the greater the strength. usage: 1. Breakout: If the stock rises, it must be above the short-term chip line. And gradually...
This indicator is displayed in the main picture, which saves the space of a picture indicator. Volume is highlighted to allow you to focus more on the above-average volume , and if it is greater than 4 times standard deviation it is marked as a huge volume in yellow. There will be support and resistance at this level. There is a switch to show the turnover.
Inspired by the works of David Weis, this indicator is an alternative to his classic Weis Volume Waves. As the name implies, this indicator uses a Hull Moving Average to detect price swings, and calculates the cumulative volume for each of them, separating the up swings from the down swings. The chosen length of the HMA determines the size of each swing,...
Basic modification of my SFP Momentum Indicator showing accumulation/distribution patterns based on breakouts above previous anchor points. Candles are colored based on whether accumulation or distribution was last. Best if used at HTF then confirmed at LTF.
This indicator colors the candles according to the z-score of the trading volume. You can easily see the imbalance on the chart. You can use it at any timeframe. In statistics, the standard score (Z-score) is the number of standard deviations by which the value of a raw score (i.e., an observed value or data point) is above or below the mean value of what is...
Fair Use: Please do not take my work and sell it under your own name. This was created to benefit everyone - not one person. Feel free however to use it as part of whatever work you wish to sell (of course i would applaud also giving ideas away for free - your choice though ;) What it is: The Basis for this Indicator was the original Volume Oscillator. I added...
40 period Hull Moving Average with volume markers This indicator puts a 40 period Hull Moving Average in the chart with the additional feature of colored stretches which mark a volume event, i.e. a rize in volume higher than 150% of the recently normal volume, for which the median volume in the previous 10 periods; strategy You can use this indicator in any...
OVERVIEW The Volume Oximeter (VOXI) is a technical indicator that gauges the amount of volume currently present in the market, relative to the historical volume that was present before. The purpose of this indicator is to filter out with-trend signals during ranging/non-trending conditions. CONCEPTS This indicator assumes that trends are more likely to start...
Credits: Thank you "EvoCrypto" for granting me permission to use "Ranged Volume" to create this version of it. What is this and What does this do? This study shows the ranged volume, and it can be used to produce buy signals for a 3Commas bot. What’s different about this script? I added code so that negative volume has its own color settings and lower opacity...
green is long target white is sl red is short target white is sl
Level 1 Background Markos Katsanos’ volume flow indicator (VFI) calculation uses a default period of 130 days for daily charts. As a result, when applying the strategy, you will need to set the maximum number of bars the study will reference in the general tab of properties for all to at least 130. In order to compare the system objectively with the buy & hold...
Turns volume into a more informative representation, ready to be further analyzed ... Rationale Volume Back in the "before the quant" days I was a big fan of market & volume profile. Thing is J. Steidlmayer had lotta different ideas & works aside of profiling, it's just most of them ain't got to mainstream, one of them was "Hot / Cold volume" (yes, you can't...
This is the Effective Volume using the Average Separation Method Excerpt: The most obvious way to separate Large from Small Effective Volume is to calculate the per-minute average Effective Volume exchanged for all the minutes of the day where a price inflection was found. The volume above that average is called Large Effective Volume (pg. 67) Looks at the...
With this indicator, it is intended to know the total volume of the market, adding the volume of the different exchanges in a single indicator.