PROTECTED SOURCE SCRIPT

Volume with force

Actualizado
This indicator shows the classic stock volume chart with a plottable 20 periods SMA line. Along with this, it shows to the top right of the pane a percent, showing the current "volume force".

This force is calculated as the SMA of the last 3 volume candles excluded the current candle (only counts finished candles) and then compare it with the standard 20 periods volume SMA.

Some examples for a better understanding:
  • A value of 200% means that the SMA of last 3 candles is equals to 2 times of the 20 periods volume SMA
  • A value of 100% means that the SMA of last 3 candles is equals to the 20 periods volume SMA
  • A value of 50% means that the SMA of last 3 candles is equals to 1/2 of the 20 periods volume SMA
  • A value of 25% means that the SMA of last 3 candles is equals to 1/4 of the 20 periods volume SMA


If the value is above 100%, the background will be green, red otherwise. A green value means that the symbol is having a nice volume income.

Customizable settings
  • Timeframe: the main TF to plot volume and calculate force
  • MA Length: the length of the standard volume SMA to plot (and to compare for the force calculation)
  • Diff force length: the length of the last candles (excluded the current candle) to compare with the standard volume SMA
  • Show moving average: if checked, plots the standard SMA
  • Show volume force: if checked, shows to the top right the volume force
Notas de prensa
  • Changed indicator name to better describe that the timeframe is customizable
  • Added an alert that triggers when the current volume is > than SMA 20 periods (20 by default, the period is customizable)


Instructions to make the alert work:
  • Add the indicator to your layout
  • Set the desidered settings
  • Create an alarm (Alt + A)
  • In the first condition toolbox select "Volume with tf force"
  • Press create (unless you want to change secondary stuff like notification settings)
Notas de prensa
Colors of the long and short columns are now customizable
strengthVolume IndicatorvolumeanalysisvolumeindicatorVolume Profilevolumeprofileindicator

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Este script se publica con código cerrado, pero puede utilizarlo libremente. Márquelo como favorito y podrá usarlo en un gráfico. El código fuente no se puede ver ni modificar.

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