This Pine Script indicator is designed to provide traders with a visual representation of trade volume, moving average (MA) angle, and price velocity on a chart. The primary components of this indicator are: Trade Volume: The indicator compares the current bar's trade volume with the average volume over a user-defined lookback period. The volume is displayed as...
The script is designed to create a custom indicator that calculates the total volume of Ethereum traded on various exchanges, calculated in millions of dollars, and then plots a histogram of that volume along with a Simple Moving Average (SMA) of the volume. The script starts by setting some input parameters such as the length of the SMA and the range period. It...
The script is designed to create a custom indicator that calculates the total volume of Bitcoin traded on various exchanges, calculated in millions of dollars, and then plots a histogram of that volume along with a Simple Moving Average (SMA) of the volume. The script starts by setting some input parameters such as the length of the SMA and the range period. It...
"ChArt Path" shows the same datas as the candles, but as a channel, instead of individual candles. It allows to focus on the direction of the price (instead of wondering the meaning of each candle), which hopefully simplifies the analysis, and reduces the confusion. Also, it is artistically customizable! A little time might be necessary to get used to this...
Description: his is an adaption of my Pullback candle - This works on all timeframes and Markets (Forex//Stocks//) Crypto Uptrend Script with Pullback Candle allows traders to get into a trend when the price is at end of a pullback and entering a balance phase in the market (works on all markets). The use of Moving averages to help identify a Trends and the use...
The Volume Forecasting indicator provides a forecast of volume by capturing and extrapolating periodic fluctuations. Historical forecasts are also provided to compare the method against volume at time t . This script will not work on tickers that do not have volume data. 🔶 SETTINGS Median Memory: Number of days used to compute the median and first/third...
This oscillator has two different modes: The first one called RSIs is a comparison between the Relative strength index of the Accumulation/Distribution (and the On Balance Volume) and the normal price, to analyze the differences in momentum between the price with volume and without. The second one, called Dock, is similar except for the fact that the lines are...
This script is designed to identify and display the Weis Wave Volume on a chart. The Weis Wave Volume is a volume-based indicator that helps traders analyze market waves, identify trend reversals, and assess the strength of a trend. The script calculates wave volume based on user-defined input parameters, detects price waves, and displays the results as labels on...
"He who does not know how to make predictions and makes light of his opponents, underestimating his ability, will certainly be defeated by them." (Sun Tzu - The Art of War) ▮ Introduction The Stochastic Momentum Index (SMI) is a technical analysis indicator that uses the difference between the current closing price and the high or low price over a specific time...
Volume-weighted closing range of each bar. Closing range is (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%. This is then multiplied by volume to weight towards high volume bars. A moving average is applied to visualize trend in volume-weighted closing range over time. Options...
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.
The UB Profit Signal indicator is a technical analysis tool designed to identify potential buy and sell signals in the market. The indicator is based on four technical indicators - Moving Average Convergence Divergence (MACD), Relative Strength Index (RSI), Bollinger Bands (BB), and volume moving average. The script starts by defining input variables such as MACD...
Having a reference point for comparing with current data has always been an important task in market analysis. This script tried to give a better understanding based on weekdays. This script shows that in the current ticker, what is the average movement of the price (High-Low) and volume for each weekday. Depending on the market and the exchange it should be...
The VTA indicator is a trend analysis indicator based on trading volume and candlestick charts, used to determine the states of bullish strength, bearish strength, and market balance. When the bullish volume gradually increases while the bearish volume gradually decreases or remains steady, the market is in a state of bullish strength; when the bearish volume...
Relative Price Volume is an indicator which shows anomalies between price and volume on a chart over a given period. The goal is to identify potential reversal and/consolidation areas for price as it relates to volume. It is a simple variation of a Volume at Price indicators. It can also be used to mark potential support and resistance lines on the chart as...
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...
In this indicator, I show you a better way to define high/low values of volume (or any other indicator). Quite often, I get requests from my clients that an indicator level should be “high” or that it should be above a certain absolute level. The first request is hard to interpret mathematically, but traders can easily spot it on the chart. The second one is not...
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...