The "Volume Strength" indicator
A technical analysis tool that helps traders evaluate the strength of the current market trend by measuring the cumulative volume over a specified period of time. It calculates the cumulative volume of a stock and divides it by the average cumulative volume over a specified period. This ratio is referred to as the "volume...
This volume indicator measures the volume for each bar at the time of day and displays the average and +1 standard deviation above that average.
The color intensity of the bar is increased when the volume exceeds +1 standard deviation.
See how on the chart that other than the early morning and late day volume, there are clearly key moments in the day at 7am,...
This volume indicator uses a long WMA to establish an average volume and calculates the standard deviation based on that average. Each deviation level from 1 to 3 is also plotted with the bar color gradually increasing in intensity when more than one standard deviation is exceeded.
What is the expansion index?
The expansion index is a concept that charts the relative strength or weakness based on the comparison of recent price changes and overall prices changes for the period.
It can be used as an momentum oscillator and show overbought or oversold price conditions by measuring the relation between the sum of "strong" price changes (which...
A simple modification of the Tradingview free script of futures Open Interest to Heikin Ashi candles. It displays the volume of the Open Interest futures contracts by applying the HA formula.
I use it to clear out the "noise" of up's and down's especially in intraday small time frames when I am scalping in crypto.
Background color can be turned on/off.
Just to...
Wunder Volume Bot
1. Wunder Volume bot is a non-indicator strategy that is based on the Volume analysis.
2. For the entry we will use the volume multiplier to detect the abnormal volume activity. For example, the volume should be 2 times the average. You can set your own preferences for each asset. It is recommended to use a higher multiplier and multiple...
Somehow, I deleted version 5 of the zigzag script. Same name. I have added some older notes describing how the Weis Wave works.
I have also changed the date restriction that stopped the script from working after Dec 31, 2022.
What you see here is the Weis zigzag wave plotted directly on the price chart. This script is the companion to the Weis cumulative wave...
█ OVERVIEW
This is a table that shows some information about stocks. It is divided into four sections:
1) Correlation
2) Shares
3) Daily Data
4) Extended Session Data
The table is completely modular, which means you can add or remove each element from the settings menu, and it will automatically rearrange its spaces.
It is also highly customizable, to the...
The Volume Breakouts Indicator 2.0 is a comprehensive improvement on its predecessor "Volume Breakouts" with new features and improved performance. It offers high customization options where almost every aspect can be changed to suit your preferences.
The main functionality of the indicator is to display volume that exceeds a certain level of relative volume with...
Thank you for taking the time to read this description. We'll be taking a look at the Broadview Economic Studio. This has been a work-in-progress for years and is a very powerful tool for planning trades with complex volume scaling strategies. We will be talking about many indicators and types of indicators used in the public domain, but it is NOT recommended to...
█ Overview
Volume Delta (Expo) is a trading tool that measures the difference between buying and selling volume in a given market. It is a powerful tool for analyzing volume clusters and price action, as it can help traders identify the direction and strength of the trend as well as potential volume-weighted support and resistance areas.
█ How is the Volume...
The vPOC or volume point of control shows where most of the volume was traded. This is important because this is where the institutions and market makers have opened their positions, and these are the ones that move the markets!
This indicator is designed to cut through the volume noise, and enable the hiding of lower volume data.
The main setting allows you to...
This version of the popular Ichimoku indicator is modified to let the user choose between his classic mode and the volume-weighted mode.
Every line of the indicator is customizable with this function.
The Kijun and Tenkan lines are choosable from:
1. The normal version, so the average of the high and the low of the selected period
2. The volume mode, so the...
This is part of a new series we are calling "Strategy Myth-Busting" where we take open public manual trading strategies and automate them. The goal is to not only validate the authenticity of the claims but to provide an automated version for traders who wish to trade autonomously.
Our seventh one we are automating is the "Magic MACD Indicator: Crazy Accurate...
Volume with color helps to quickly identify accumulation or distribution.
An accumulation day is an up day with volume greater than a user selected average.
A distribution day is a down day with volume greater than a user selected average.
This indicator will highlight those days by changing the volume bar colors for an easy visual.
This script is a volume profile that displays the volume of transactions in price blocks over a recent period of time.
For a more detailed representation, OHCLV values on the time frame lower than the time zone on the chart were called and expressed.
Low time frames are adjustable.
You can adjust the number of blocks and the most recent time period that you want...
The Power Indicator is intended to return some exponential moving average, vwap, volume bar, and others. With this compilation, you will be able to use them as one indicator in Trading View.
The components are:
- EMA9 - Exponential Moving Average of 9 days
- EMA21 - Exponential Moving Average of 21 days
- EMA50 - Exponential Moving Average of 50 days
- EMA200 -...
This indicator works very similarly to Elder's Force Index (EFI) and builds on top of what I have for the Money Flow Line (see my other scripts). It combines price movements with volume to create sort of "dollar flow" pressure up and down, looking for "smart money" ("big money") to make their move.
The indicator uses a lookback period to calculate a standard...
![BTCUSDTPERP: Strategy Myth-Busting #7 - MACDBB+SSL+VSF - [MYN]](https://s3.tradingview.com/s/SBlz6mtG_mid.png "Strategy Myth-Busting #7 - MACDBB+SSL+VSF - [MYN]")
![ETHUSDTPERP: [potatoshop] Volume Profile lower timeframe](https://s3.tradingview.com/a/A5VAgcme_mid.png "[potatoshop] Volume Profile lower timeframe")
