OPEN-SOURCE SCRIPT
Actualizado Volume Spikes
Shows volume spikes over a certain threshold, using a symbol's volume moving average as the baseline. Offers a few different filters regarding candle shapes and types, in an attempt to catch quick moves on extremely low timeframes (sub-1m).
Ultimately I would like to integrate this logic into an indicator that contains automated stop raid/inducement detection.
Ultimately I would like to integrate this logic into an indicator that contains automated stop raid/inducement detection.
Notas de prensa
Added session parameter so that volume spikes will only be shown within a valid timeframe. Also added an offset so that volume spikes are being shown on the appropriate candles, since a valid low/high requires a 3 bar pattern and therefore makes the signals "lag" by 1 bar.Notas de prensa
Added a step size of 0.1 for the volume multiplier in order to make smaller adjustments (rather than the default step size of 1).Notas de prensa
Can now create alerts from volume spikes, and also change the signal colors.Script de código abierto
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Exención de responsabilidad
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Script de código abierto
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Exención de responsabilidad
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.