OPEN-SOURCE SCRIPT
Dkvasani - Max Volume High/Low Signals Per Year
The indicator tracks the maximum volume for each year. It looks for the days with the highest trading volume within a specific year and uses the corresponding high and low prices of those days for reference.
This provides key levels where significant market participation occurred, which might be used for support and resistance levels in the future.
Max Volume High/Low Lines:
The script plots two lines:
Max Volume High (Green Line): This is the high of the day with the highest trading volume during the year.
Max Volume Low (Red Line): This is the low of the day with the highest trading volume during the year.
These levels act as potential price levels for traders to watch for breakouts or breakdowns.
This provides key levels where significant market participation occurred, which might be used for support and resistance levels in the future.
Max Volume High/Low Lines:
The script plots two lines:
Max Volume High (Green Line): This is the high of the day with the highest trading volume during the year.
Max Volume Low (Red Line): This is the low of the day with the highest trading volume during the year.
These levels act as potential price levels for traders to watch for breakouts or breakdowns.
Script de código abierto
Siguiendo fielmente el espíritu de TradingView, el autor de este script lo ha publicado en código abierto, permitiendo que otros traders puedan entenderlo y verificarlo. ¡Olé por el autor! Puede utilizarlo de forma gratuita, pero tenga en cuenta que la reutilización de este código en la publicación se rige por las Normas internas. Puede añadir este script a sus favoritos y usarlo en un gráfico.
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