This is an experiment I did a while back ago.
I often think On Balance Volume is a great indicator as trend direction and volume cannot lie.
However, I bumped into a few problems.
It is slow, doesn't show volatility and often time it is prone to chop.
That's why I added ATR to the equation.
Original OBV calculation
src > 0? : +volume : src < 0?...
This script holds several useful functions from statistics and machine learning (ML) and takes measurement of a volume weighted distance in order to identify local trends. It attempts at applying ML techniques to time series processing, shows how different distance measures behave and gives you an arsenal of tools for your endeavors. Tested with BTCUSD.
REM:...
Displays delta volume columns using intrabar volume information. Each volume column is divided into three sections: buying, selling and neutral volume. Volume for each section is determined from the volume and price movement of each intrabar at a user-selected lower resolution.
Features include:
- Choice of color themes for either dark or light chart...
DepthHouse Volume Flow indicator is used to help determine trend direction strictly based on Negative and Positive volume data.
How to Read:
- Moving Average crossovers are used to help determine a possible trend change or retracement.
- The area cloud on the bottom is calculated by the difference of the moving averages. This could be used to help...
Hi guys,
This is a multiple Volume MA script. Editing is free for use.
You can use several ma lines by adding one indicator only, and I put 10,20,30,60,100,200 as a threshold which I frequently use.
It is made as an open source at any time possible, so that you are free for playing with it. Even you can add more if you are keen to do so.
Cheers,
JB
Compares BTC volume vs USD volume overtime
Best used on 4hr timeframe. Not really some crazy alpha but good overview/statistic to keep track of.
(make sure to use on XBTUSD pair since it isnt using security calls to call the data)
Enjoy!
Volume Profile Free Ultra SLI by RagingRocketBull 2019
Version 1.0
This indicator calculates Volume Profile for a given range and shows it as a histogram consisting of 100 horizontal bars.
This is basically the MAX SLI version with +50 more Pinescript v4 line objects added as levels.
It can also show Point of Control (POC), Developing POC, Value Area/VWAP StdDev...
this is just a study to investigate the pumps and dumps that have been happened in a crypto market and it should not be used as an indicator. this is also my very first Pine Script that I've written and I am sure it is not perfect. actually I am curious to know when (I mean the exact time of the day) most pumps and dumps happen as a self investigation. the...
this script can use for detecting the suspicious volume. In this indicator the ratio of the current volume to the average of several previous candlesticks has been defined as standardized between 0 and 100. So when this indicator go to 100 we can understand that trading volume is increasing and vice versa.
Good luck
Emad Koosha
This indicator is similar to the Weis Wave Volume indicator in that it shows cumulative volume for each up and down price wave. However it is calculated differently, using the Jurik moving average to determine turning points. Use this in conjunction with the R100 Wave indicator to determine the best fit Jurik length and power settings.
A great indicator to help...
Volume-weighted bollinger (normal stats application of weighting mean) with cleaned up visualization. Shaded area represents1sd-2sd move size for trailing 20 period average on timeframe for individual candles.
Here is a simple indicator based on Tushar Chande's TrendScore .
The main purpose of the TrendScore is to determine the strength and direction of a trend, which it does by comparing the current price to the prices within a user-defined window of historical prices.
In the input menu, the user defines the starting and ending period. The current price is then...
Cryptohopper is an automated trading platform where you can automate your strategy based on technical indicators and candlestick patterns. OBV is one the indicators that you can automate with Cryptohopper.
How can you automate it? OBV gives a Buy signal when the OBV value crosses up its moving average (default: EMA) and a Sell signal when it crosses down its...
![DBK: Delta Volume Columns [LucF]](https://s3.tradingview.com/y/YFBNr8I6_mid.png "Delta Volume Columns [LucF]")
![BTCUSD: 2 Weis Wave Volume [xdecow]](https://s3.tradingview.com/c/cQsNBRBw_mid.png "2 Weis Wave Volume [xdecow]")
![XBTUSD.P: BTC and USD volume overtime [XBT]](https://s3.tradingview.com/8/8JjFjx41_mid.png "BTC and USD volume overtime [XBT]")
