This is a volume oscillator calculated by the volume action on each bar price movement over a period of time.
When the short term volume(green line) is above the long term volume line(red)it indicates volume is coming and buying pressure may be observed.
Similarly when the short term volume is below the long term, volume is getting liquidated and selling...
Indicator shows the closing range of each bar. Closing range is where the bar closes (high - close) relative to the length of the wick (high - low). A close at the top of the wick would be 100%, middle 50%, bottom 0%.
In addition, the indicator multiplies closing range by volume to weight toward high volume days.
A simple moving average is applied to visualize...
Today I'm proposing a simple VWAP oscillator script to trade buy and sell waves more easily.
You trade this similar to how you trade Awesome Oscillator, so if you want an explanation just look up YT videos.
In addition to that, this will also show volume squeezes, please note that this is a makeshift way and not real volume squeeze phenomena of volume profile...
Old Version:
The source code of this script is now open. Feel free to modify it.
*** Not real-time. The indicator will be calculated only after a bar is closed. ***
Hello everyone,
This is the first script I publish, also my English is not the best my apologies.
This simple study script is an attempt to estimate the slippage during a trade. By no means it is a precise calculation, it is just an approach that can be improved.
You are welcome to take this simple script and use it and change it at your convenience just ask...
Freedom of Movement Indicator
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In “Evidence-Based Support & Resistance” article, author Melvin Dickover introduces two new indicators to help traders note support and resistance areas by identifying supply and demand pools. Here you can find the support-resistance technical indicator called "Freedom of...
** ONLY WORKS FOR SECONDS CHARTS **
After staring at a chart and scratching my head, I realized that the volumes were being incorrectly reported for lower time frames.
A chart that has no updated tick for 5 minutes will report the volume that occurred in the WHOLE 5 minutes - in one tick.
For a 5 second chart like above, we have now a chart that at first...
In this chart I used the 3H 2H and 1H
HISTOR, short histogram RSI is based on 3 time frames of RSI and MF averages and SMAs.
The script also plots a normilized volume.
The script has 3 alert conditions. Overbought, oversold and "potential trade" when overbought or oversold.
Moving Average Convergence Divergence – MACD
The most popular indicator used in technical analysis, the moving average convergence divergence (MACD), created by Gerald Appel. MACD is a trend-following momentum indicator, designed to reveal changes in the strength, direction, momentum, and duration of a trend in a financial instrument’s price
Historical...
Large volume is meaningful that usually the current price above the highest price of the bars with largest volume usually means uptrend in the short-term.
In the opposite, below it means downtrend.
I coded this indicator to save the efforts to compare it, make it easily to tell the uptrend/downtrend by above/below and color.
Hope you guys enjoy it, and welcome to...
English version below
Die richtige Aktie zu finden, ist nich immer einfach. Eine wichtige Variable bei der Aktienauswahl stellt das relative Volumen dar, welches von vielen erfolgreichen Tradern und Trading Firmen benutzt wird. Stell es Dir so vor: Statt sich das absolute Volumen anzuschauen, schauen wir uns die tatsächliche Stärke an. Wie viel Volumen wird also...
// English description below
Die richtige Aktie zu finden, ist nich immer einfach. Eine wichtige Variable bei der Aktienauswahl stellt das relative Volumen dar, welches von vielen erfolgreichen Tradern und Trading Firmen benutzt wird. Stell es Dir so vor: Statt sich das absolute Volumen anzuschauen, schauen wir uns die tatsächliche Stärke an. Wie viel Volumen...
Our in-house developed Volume indicator.
- Gives you a bit more information than the standard volume indicator
- Allows you to choose High Point Method
- This takes into account the Historical High, or the last high in a predetermined length (of your choosing)
- Can determine the Vertical space used on the chart
- Can identify the Historical High for you
-...
Shows which part of the candle was executed with the highest volume.
Different from Candle Volume Profile because more useful for indicators and scripts
VERY IMPORTANT TO CHANGE THE SETTING BASED ON THE TIMEFRAME.
Does not work on any timeframe lower than 20 minutes
As traders and investors now urge to console volume factors into their price action analysis. This script is an attempt to combine volume-weighted moving average (VWMA), volume-weighted average price (VWAP), along with the exponential moving average (EMA). I have found that this indicator works quite well with the stock market.
How to use the indicator:
Buy when...
Why this Script : Nifty 50 does not provide volume and some time it is really useful to understand the volume .
This is the pine script which calculate the nifty 50 volume .
Logic :
Take each stock contribute to nifty 50 and find it's volume .
Multiply the same with contribution percentage of the same on Nifty 50
Add up all of them and find the total volume...
Why this Script : Nifty 50 does not provide volume and some time it is really useful to understand the volume .
This is the pine script which calculate the nifty 50 volume .
Logic :
Take each stock contribute to nifty 50 and find it's volume .
Multiply the same with contribution percentage of the same on Nifty 50
Add up all of them and find the total volume...
![UONE: [WJ] - Corrected Seconds Volume](https://s3.tradingview.com/g/gSBYDpWF_mid.png "[WJ] - Corrected Seconds Volume")
