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Volume

📊 Cumulative Volume Delta (CVD)📍 CVD describes the number of contracts bought at the offer minus those sold at the bid. It simply measures the "aggressiveness" of buyers versus sellers. If the sellers are aggressive, they place limit orders instead of market selling and vice versa. CVD is the easiest method to use delta in your trading. 🔹UPTREND EXHAUSTION Price is making new highs but CVD isn't. This shows a lack of interest coming from aggressive buyers who would be needed to continue the price increase. We can expect a short term reversal to the downside. 🔷UPTREND ABSORPTION CVD is making new highs but price isn't. This shows that there is a lot of activity from aggressive buyers trying to push the price higher but their market buy orders are getting absorbed by limit sell orders. 🔷DOWNTREND EXHAUSTION Price is making new lows but CVD isn't. This shows a lack of interest coming from aggressive sellers who would be needed to continue the price decrease. We can expect a short term reversal to the upside. 🔷DOWNTREND ABSORPTION CVD is making new lows but price isn't. This shows that there is a lot of activity from aggressive sellers trying to push the price lower but their market sell orders are getting absorbed by limit buy orders. 👤 @AlgoBuddy 📅 Daily Ideas about market update, psychology & indicators ❤️ If you appreciate our work, please like, comment and follow ❤️
Education
by QuantVue
6
Bullish Movement "Off" the Volume Profile. In this scenario, I'm using the DMI in conjunction with the AO, & I've tried to pick a reasonable time frame on the days to analyze. I tried to isolate a DMI "Wave" from any DMI (+) or DMI (-) to a next peak/trough. This is to try isolate the market participants and try to capture both their participation in the market. Once located, I take a Volume profile and Anchor the Volume Weighted Average Prices (with their deviations) to the beginning. Next I simply tried to evaluate what the price averages were doing, (using the AO & DMI) I tried to gauge if there was a dominant or clear trend. Rather I tried to also find any time cyclical patterns of those trends. Using this quick evalution "technique". Here were my results.
JSE:ORNEducation
by mikeonenorth
Follow Through Day's and Market BottomsIt’s said that three out of every four stocks will follow the trend of the general market. It’s also known that the best opportunities come when a bear market ends, and a fresh new uptrend begins. The question is, how do you know when a new uptrend starts? The Follow Through Day A Follow Through Day was defined by William O’Neil as “when one of the major market averages moves up over 1.25% on heavier volume than the previous day.” A Follow Through Day usually occurs sometime between days 4 and 12 of an attempted rally. When to Start Counting Rally Days While the market is in a down trend, you are waiting for the first day the market closes positive to start counting your attempted rally days. The first positive day is day 1 of the rally attempt. On day 4 or later you are looking for the Follow Through Day to occur. How Does a Follow Through Day Fail Not every follow through day works, but no bull market has started without one. All days of the rally do not need to be up, some may be down, however a follow through day officially fails when the low of day 1 of the rally attempt is undercut. When this happens, it is time to start looking for a new day 1 and another follow through day. It is not uncommon to have multiple attempted rallies and failed follow through days before the market begins a new uptrend. Let’s look at a few market bottoms from the past reviewing the concepts covered. Nasdaq 1998 Bottom SPX 1974 Bottom
TVC:IXICEducation
by Amphibiantrading
4
Hunting Breakouts with Bollinger Bands and OBVThanks to zAngus for the idea, here is a simple trading strategy that uses two tools: Bollinger Bands and OBV to find moments when an asset's prices can increase or decrease. First and foremost, please note that this explanation is simplified and only covers the basics. Each individual can develop their own settings and adjustments according to their own preferences. Imagine that you are looking at a price chart of an asset. This chart shows how prices have changed over time. Sometimes prices go up and sometimes they go down. The trading strategy we are going to show you can help you find moments when prices are about to change direction. - Bollinger Bands are lines that show a zone where prices of an asset are likely to stay. These lines have two parts: a middle line that shows an average of prices and two other lines that show the zone where prices should be. The lines widen and narrow based on the volatility of prices. - OBV (On-Balance Volume) is another tool that measures whether more people are buying or selling an asset. If more people are buying an asset, OBV increases, and if more people are selling an asset, OBV decreases. Now, here is how we use these two tools to find moments when an asset's prices can increase or decrease: 1. First, we wait for prices to stabilize for a certain amount of time. This means that prices don't go up or down much during a given period. 2. Next, we look at the Bollinger Bands to see if prices have reached the upper or lower limit. If prices exceed the upper limit, it may mean that prices will increase. If prices fall below the lower limit, it may mean that prices will decrease. 3. To confirm what we have seen in the Bollinger Bands, we look at the OBV. If OBV increases or decreases at the same time as prices exceed the upper or lower limit of the Bollinger Bands, it means that more people are buying or selling the asset, and this reinforces our idea that prices will increase or decrease. 4. We enter the market by buying or selling the asset based on whether we think prices will increase or decrease. 5. We exit the market when prices reach the opposite upper or lower limit of the Bollinger Bands or an important resistance zone. This is a simple strategy, but it can help find moments when an asset's prices can increase or decrease. Remember that you must always use good risk management to avoid losing too much money if the market doesn't follow your forecast. Please note that this Bollinger Bands and OBV breakout trading strategy involves risk and is intended for educational purposes only. Any investments made using this strategy are done at your own risk, and you should always do your own research and seek professional advice before making any investment decisions.
Education
by Julien_Eche
📢 The Broadening FormationA technical chart pattern recognized by analysts, known as a broadening formation or Megaphone Pattern, is characterized by expanding price fluctuation. It is represented by two lines, one ascending and one descending, that diverge from each other. This pattern typically appears after a significant increase or decrease in security prices and is denoted by a sequence of higher and lower turning points. Normally this pattern is visible when the market is at its top or bottom. The greater the time frame is better the pattern will work. 🔹How to identify Generally, the Broadening Formation consists of 5 different swings. But the swing has to have a minimum of two higher highs and two lower lows. A trend line is drawn by connecting point 1 and point 3 while points 2 and 4 are also joined together to draw a line. These two lines create a shape that looks like a megaphone or inverted symmetric triangle. These swings’ highs and lows have to close above or below its pivot line and therefore they will create swing high as pivot high (R1, R2, and R3) and swing lows as pivot lows (S1, S2, and S3). A breakout occurs when the line does not respect its support or resistance line and closes outside the shape after making the 5th swing. 🔹Volume Volume plays an important role when it comes to the recognition of this pattern. In the Broadening Top, volume usually peaks along with prices. An increase in the volume, on the day of the pattern confirmation, is a strong indicator. 🔹Failures This pattern also can be traded when it fails but is necessary to identify the failure perfectly. A failure can be spotted when it fails to break the trend line (upper or lower as the case may be) after completing the 5th swing. Suppose in a bull market condition, this pattern is formed and if it fails to break the upper trend line, traders go short when the price goes below 3rd swing high (R2). Similar is the scenario, when the market is in a bear phase and it fails to break the lower trend line (S2), traders take a long position when the price closes above the 3rd swing high. 👤 @AlgoBuddy 📅 Daily Ideas about market update, psychology & indicators ❤️ If you appreciate our work, please like, comment and follow ❤️
Education
by QuantVue
4
Trading with Volume profile there was 3 setup for intraday trading first one after seeing rejection of imbalances ( high risk until we entered the Value again ) take profit @ POC or VAL second one after seeing rejection of VAL ( this one was most valid setup of the day , we rejected imbalances and VAL at the same time , there were clear signs in the footprint ) take profit @ VWAP or POC or VAH or even finding new values at higher prices third one was after breaking of VAH and retesting it ( usually u shouldn't enter at breakouts , cause it might be just liquidity hunt . u should wait for retest of breaking point ) take profit @ new values at higher prices i usually dont like break out trades , but there was another opportunity after seeing absorption behind the vwap .
OANDA:XAUUSDEducation
by apix7
MACD 1D: X, XD, XDD, and P=M(XD)Andrew M. Kempi 7 January 2023 MACD 1D Methodology: X, XD (X•), XDD (X••), and P=M(XD) Determine Volume psychology and volume mass. P=Mass(Velocity), p=volume(XD), including pascal averaging. The Volume, and price value, is dependent on Velocity (XD). Velocity is dependent on Acceleration. Confirm undeviated direction and trend. Establish location: above or below directional price average. Trend symmetrically around price average. Confirm XDD (X••) acceleration. Identify the Vector utilizing XD (X•).
SP:SPXEducation
by privatepizza111
💎 Analyzing the Various Shapes of Volume ProfilesVolume Profile is a tool that shows how much volume (i.e. the number of trades) is happening at different price levels for a given asset. It is used by traders to analyze order flow and make inferences about market direction, support and resistance, and potential reversal areas. The patterns in a Volume Profile may appear random at first glance, but there are certain recurring shapes that can be used to make predictions about the market. 🔵 P-Shaped Volume Profile A P-shaped Volume Profile is a chart pattern that typically occurs when a market experiences a sharp rise followed by consolidation. The lower part of the P-shaped profile represents low volume rejection, while the wider upper part shows an increase in trading activity at a "fair" price. These patterns are often seen during uptrends, but can also indicate the end of a downtrend and a potential short covering rally, which is seen as a bullish signal. 🔵 b-Shaped Volume Profile A b-shaped Volume Profile is a chart pattern that forms when a market experiences a sharp decline followed by consolidation. It is the opposite of a P-shaped profile and is often seen during downtrends. The upper part of a b-shaped profile represents low volume and an "unfair" perception of price, while the wider bottom part shows an increase in trading activity and a balance between buyers and sellers. If a b-shaped profile appears during an uptrend, it could potentially indicate a reversal. These patterns are generally seen as bearish signals, as they often represent longs exiting the market. 🔵 D-Shaped Volume Profile A D-shaped Volume Profile is a chart pattern that occurs when there is a temporary balance in a market. The Point of Control (POC), which is typically located in the center of the profile, indicates an equal number of buyers and sellers. Some traders view a D-shaped profile as a sign of a choppy or sideways market without a clear direction, while others see it as an opportunity to anticipate a potential breakout in either direction as institutional players build up their positions. 🔵 B-Shaped Volume Profile A B-shaped Volume Profile is a chart pattern that occurs when two D-shaped profiles appear within a specific time period. It is characterized by a single value area and Point of Control (POC), although some traders may divide the profile into two separate "D-areas" with their own value areas. B-shaped profiles are generally seen as a continuation of a trend, but it is important to note which POC is more dominant, as this can indicate whether activity was highest at the top or bottom of the profile. 👤 @algobuddy 📅 Daily Ideas about market update, psychology & indicators ❤️ If you appreciate our work , Please like, comment and follow ❤️
Education
by QuantVue
2
💡HOW TO OPERATE LATERALITIES WITH THE VOLUME PROFILE💡HI Guys, I will bring here an example of operation, follow the thread On that day, I observed prices trading in a strong resistance zone and close to the 200 descending EMA, so I looked for sales with targets in the support zones. I ended up taking my first take at $1.85 and I went with the targets plotted on the screen as an objective. Yesterday the price was struggling to close the bar above the POC, so I saw context for more selling. See that we have a double top in the POC zone combined with the fibonacci range So I believe in the bottom of laterality test This is a little bit of how I use the VOLUME PROFILE In this case, I am expecting a consolidation operation, so the target zone is usually the central part of the entire trading range, for those who use the VP, they can also use the POC (The POC is basically the zone where most price trading takes place in active) Important points: always on a trading range you will trade against breakouts, because 80% of the time they will fail. Whenever you observe a consolidation mainly in the form of a wide range, use the Volume Profile to make it easier to read, and look for sales with signal bars, confirmation or any SetUp that you use above VAH, and purchases below VAL This update was one of the last of the Volume Profile here on TV I hope you enjoyed this content, consider following me to receive more publications like this one, and leave your like to contribute to my work
Education
by leandrosander_
Bull Bear Power Void - With trending background To get this indicator on your charts (remove the old one from your favs and your chart if you have it already) otherwise just go to this link and add it Welcome to the coffee shop everybody in this video I am discussing the new changes to the bullet bear power void. There have been some changes to the coding because I did see your messages discussing that it was difficult to see the trend ribbon in the background so now you have an entire background that adjusts its color depending on whether the trend is positive or negative or if there is no trend. go ahead and watch the video for the results on that one hand I also took the time to show you guys how to see a Divergence in your volume up against your price. along with that you can also see when you should and should not re-enter the market for a continuation trade. Black background means there is no volume or that profits are being taken off the table. Red background means that the volume is trending bearish. Green background means that volume is trending bullish. One way to spot a Divergence or a slowing down in the trend is when your volume column brakes outside the void at the same time you get an equal color background, Look at the height of that volume candle and compare it to the last time that you got a similar color background with a column breaking outside the void. If your volume Is closer to the void it was in the previous one, then you do not enter this as a continuation trade. If you are trading bullish then your new re-entry has to have more volume than your last re-entry. If you are trading bearish then your new volume has to be lower than your previous volume
Education
by CoffeeshopCrypto
18
PVP> Periodic Volume ProfileVOLUME PROFILE SECTIONS: 1> What is Volume ? 2> What are volume NODES? 3> HIGH vs LOW volume NODES 4> Value Area - $ Price Rotation 5> 3 KEY Parts of VALUE Area? “VAH” “VAL” “POC” 6> Types of “Time Per Profile” 7> 4 Common Volume Profile SHAPES - D P B b 8> How to use for ENTRY/ EXIT 9> Trade Plan - What Is That? 1. What is VOLUME when it comes to trade? It represents the number of shares/contracts of a underlying security “stock” traded between market participants called by us as Traders "buyers and sellers". Stocks > the volume it is measured by the number of shares traded. Futures/Options > the volume it is measured by the number of contracts traded. Using Volume Profile instead of it being on the X axis “bottom” of the chart it is on the Y axis “left" side horizontally. Check RED ARROW chart below. Volume profile shows us volume traded for a SPECIFIC PRICE instead of time like market profile. Two different types of profile. Every time a contract is traded the volume profile builds out to the right as more and more contracts are traded at that price. . NODES: What are nodes? When you zoom all the way in on volume profile you can see the size of each node. These price levels are called nodes and measure the amount of contracts traded within a specific price point. 3. HIGH Volume Nodes vs LOW Volume NODES. HIGH Volume Nodes: (GREEN ARROWS —> in picture below) Are were a HIGH number of contracts are traded so it is slow for price to move through these nodes sometimes. BALANCE - When there are high volume nodes it means there is balance forming and that market participants agree on a price also know as “fair value” LOW Volume Nodes: (RED ARROWS —> in picture below) Are were a LOW number of contracts are traded so it is fast for price to move through these nodes usually. IMBALANCE - When there is a market imbalance price moves very fast until it finds a “fair” value. Sometimes price will move quickly to a LOW NODE which they call vacuums so sometimes they will wick to them. (Look at where the wicks are in the picture and they are where the LOW Volume Nodes are.
CME_MINI:ES1!Education
by IronMan_Trader
2
Volume Profile: Everything You Need To KnowHey everyone! 👋 If you have been in the market for some time, you may have heard of a tool called “Volume Profile”. Today, we are going to take a deeper look at this tool, explain how it works, and leave you with a few tricks that you can use to supercharge your analysis. What is Volume Profile? 🤔 Volume Profile is an advanced charting tool that displays trading activity at specific price levels over a specified time period. On the chart, it plots a horizontal histogram to reveal areas where significant trading volume happened. Differences vs. Traditional Volume 👀 The core difference between Traditional Volume and Volume Profile is how they consider volume with respect to the time and price. In other words, Traditional volume tells you when volume happened, and Volume Profile tells you where it happened. Volume Profile Terminology 🔤 The Volume Profile tool has several unique components & terminology that you should know about: Point of Control (POC) – The single price level in a given time period where the most volume traded. Profile High – The highest reached price level during the specified time period. Profile Low – The lowest reached price level during the specified time period. Value Area (VA) – The range in which a specified percentage of all volume was traded during the time period. Typically, this percentage is set to 70%. Value Area High (VAH) – The highest price level within the value area. Value Area Low (VAL) – The lowest price level within the value area. Tips & Tricks 😎 Just like with most other tools or studies, Volume Profile has a number of uses. One common strategy is to analyze where previous period value areas are vs. the current price. If current prices are outside of a previous period's value area, then it can be assumed that an asset is trending. If price is still within a previous period's value area, then some may label that asset as being in a consolidation. Determining trend and consolidation are often used in conjunction with trend following and mean reversion execution strategies, respectively. Another common strategy is to use "Virgin" Point of Control (VPOC's) as key levels in an asset. VPOC's are levels that haven't yet been retested and remain untouched by current price action since they were formed. The idea here is that if there was lots of action at a certain price, then it's likely that the market's biggest participants have positions from that level. This can cause predictable behavior which keen-eyed traders can take advantage of. Looking to get access to Volume Profile on your chart? There's still some time left in our Cyber Monday sale . Act fast! Thanks for reading! Cheers! - Team TradingView ❤️
Editors' picks
NASDAQ:AAPLEducation
by TradingView
53
RSI Supertrend Moving average in Heiken Ashi Algo OscillatorDownload this Oscillator Free: My Tradingview Profile: www.tradingview.com Welcome to the coffee shop everyone this is your host and baristo Eric, You know what we do around here so pull up a seat at the table and get ready for your caffeine overdose . I am happy to say that as of today we are at the final stage of development basically on The Heiken Ashi Algo Oscillator. It has proven to be a very powerful tool, very popular,, and very easy to use. up until now I have basically been showing you what all the parts do and what they mean because I figure you can't necessarily use a tool unless you know what it's settings are for. NOTE ABOUT SUBTITLES: I really believe that this new update will be a scalper's wet dream when it comes to being able to sit there and stare at your chart watching the oscillator and waiting for a break in the trend so that you can stay in your trade or you can exit your trade. That being said this being the final development that needed to be done with this oscillator, any videos that you see related to the algo from me are going to be strategy videos. So let's get into the final change that I have just made and uploaded to Tradingview. The final change as of right now is that the RSI Moving Average is now a colored line. It appears red when your average on your RSI is trending down (lower values) , and green when it is trending up (higher values). It also takes into consideration the momentum of the trend so it will not effectively change colors until the previous momentum is lost and volume has changed enough to the opposing side. For example you could have heiken Ashi candles traveling flat on your RSI but you're RSI moving average is still red. It will not change to green until the momentum starts moving the opposite way. So not only will you know that the previous momentum is lost but you will also know when it changes direction. As you know in the previous update to the RSI and the RSI moving average have a trend Cloud that appears behind it which switches from red to Green evenly. However there is a third black color that appears from time to time in that Trend cloud. This black color means a loss of momentum. Trend Cloud Meaning: Trend Cloud (Black) = No Momentum and Volume Trend Cloud (Green) = Bullish Momentum and Volume Trend Cloud (Red) = Bearish Momentum and Volume Price will run flat if: If the Trend cloud is Back, while the RSI Moving Average is green, you have lost momentum to the upside. If the Trend cloud is Black, while the RSI Moving Average is Red, you have lost momentum to the down side Trend is changing direction If: Trend cloud was one color but slowly blended to opposite color without changing into a back color. Now with the RSI, moving average being able to switch between colors you can tell when the new trend has started or the old trend has restarted because, just because there was a loss in momentum of the previous Trend doesn't mean it's just going to switch the other way and it doesn't mean that it's going to continue the same way however the moving average will tell you what it's doing along with the trend cloud. If you were previously in an uptrend and then you get a black cloud Showing behind your candles you know that you have a loss in momentum. If you look at your moving average, you will see that it will switch to the opposing color however if it then switches back to the original color then all you had was a pause in your Trend and is going to continue the same way it was going before. Iif the moving average has switched colors when the trend Cloud went to Black and the moving average stays that second color you know that your trend has changed Direction. The RSI Formula explained: Trading Like the Banks Do: Trading Trendlines: Using Support and Resistance Alerts to draw trendlines Range Trading with the Heiken Ashi Algo Setting Alerts on the Heiken Ashi Algo Oscillator
Education
by CoffeeshopCrypto
5
Extreme Day Trading/Scalping Strategy------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- HD Session Volume Profile (SVP HD) - Go to settings under Inputs. Click custom. I set to 10:00am-10:00pm Pacific/Auckland time. I live in NZ. Set to your time zone. Click extend right box for POC, VAH, and VAL. Then go to Style and click VAH and VAL box. Unclick labels in price scale and values in status line box. Click histogram box and turn down opacity from 6% to 0. ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Visible Range Volume Profile (VRVP) - Go to settings under Style. Click VAH and VAL box. Unclick labels in price scale and values in status line box. ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Volume Weighted Average Price (VWAP) - Go to settings under Inputs. Click bands multiplier #2 and #3 box. Go to style. Unclick bands fill box #1, #2, and #3. Unclick labels price line and values in status line box. ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 100 Volume Weighted Moving Average (VWMA) - Go to settings under Inputs. Set length to 100. Go to style and set color to white. Unclick labels on price scale and values in status line box. ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Vertical dotted lines (1period) - They are the open and close for each session. Red: Tokyo 1pm-8pm NZST. Blue: London 9pm-4.30am NZST. White: New York 2.30am-9am NZST. ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Horizontal dotted lines (1 period) - They are very useful and powerful price levels I believe. The big players (banks and financial institutions) especially love big round even numbers in the market. I simply put them down and divided them into quarters. l put levels on whole, half, and quarters of values of price. So for example I put one on 144 and 145. I then simply divided in half, 145.5. Then I divided again to get 145.25 and 145.75. I believe this principle/idea can help to find useful support and resistance levels. It's based from the bigger whole round numbers in the market. ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Range Bars (I flick between 10R to 50R for EJ and GJ) - I use range bars. I love range bars. 100X better than time based charts. I've ditched all time based charts. Range bars filter out and remove time from the equation. They simply just show raw movements of price. Raw and uncensored. They show every nook and cranny of market structure and market structures on any chart. They show the market as it really is with no lag no delay. You see the market as it when it is playing out. No filter. You plainly and sharply see every single price movement. This is incredibly invaluable for day trading and scalping. They are very powerful for seeing patterns, breakouts, breakout and retests, and support and resistance. They are far better than time charts because you don't have rely on time. You are actually only relying on price to move. That is all you are focusing on. If you can focus on market structure instead of time I believe it really helps to read the chart in a way deeper and powerful way.
Education
by JdMullin
Heiken Ashi Algo Volume Scalping StrategyHeiken Ashi Algo Volume Scalping Strategy Welcome everybody this is your Barista Eric should I be calling it a baristo cuz Barista sounds kind of effeminate and you can tell by my voice I am not a woman. So we got something interesting. Today I'm going to be sharing with you a volume scalping strategy that you can use with the heiken Ashi Algo. This is a wonderful strategy because the algo has a lot of features that plot onto its oscillator and you can actually turn most of them off you only need basically three things showing up. To do this all you need are: Heiken Ashi Candles The RSI Moving Average and RSI (relative strength index line) So let's go into the settings. I'll show you what to do and you'll be able to get started in this in just a few minutes. Open tradingview and go to the indicators and I'm going to type in Heiken Ashi Algo. There you will see it under the Community scripts by @coffeeshopcrypto the "Heiken Ashi algo Oscillator" Here is a link to it (Click there) Add it to your chart and let's go to the settings. In the style tab of the settings You can turn off both of the stochastics. Also you'll notice a couple of grade out boxes to things that are not selected. The RSI upper band and the RSI lower band. These print the 70 and the 30 level on your oscillator so turn them both on. If the other bands distract you you can turn them off. These would be the 40 and 60 levels. The last thing you want to do here is change your RSI to yellow and your RSI moving average to red. Now let's go to the inputs tab and change your RSI to 18 and RSI Moving average to 36. If you're trading on a higher time frame than one hour you should probably change them to 21 and 50 as a maximum.. If you're trading on a 15 minute or lower time frame you should set them to about 12 and 14 or or lower. Also change your RSI moving average type to a volume weighted moving average. *******************Special Note****************** I want to address a couple of questions I got since the release of the Algo and one of the questions that I tried to cover in the previous couple of videos was when someone is going to ask me "what are the best settings at certain time frames?" You have to understand there are no best settings because if you're trading in crypto against the US dollar or crypto against For example another crypto then things move differently. your settings for the US dollar can be set one way but if you're trading crypto against crypto pairs you need different settings. also the settings are really tied to the market that you are in. if you are trading on the S&P or indices or Futures your settings are different for all of those things they are not the same for either one of them and once you get into crypto the markets are so volatile that you need to watch things closely/ so I cannot tell you what are the best settings because the best settings do not exist. Choose the settings that work well for you and if they are not working well it's because the market is changing just a little bit and you need to start developing additional strategies. You can not just have one strategy that you use all the time because that will not work all the time. Markets change. They have four different versions and you need to have several strategies that will be able to address each one of those types of Market. One of the reasons that I've created this particular indicator is because it allows you to develop several different types of strategies and this particular video is one of those strategies that you can practice and you can use from time to time when you are seeing extremely changing volumes in the market that you're in. This way you have another piece of ammunition in your pocket that you can use when your current strategy or whatever you used to using isn't working as well as it should be.
Education
by CoffeeshopCrypto
15
What is the Heiken Ashi Algo OscillatorWhat is the "Heiken Ashi Algo Oscillator" Well here is a link to it It is an indicator that measures volume and momentum. It plots and RSI as Heiken Ashi candles. It includes seven different types of moving averages against the relative strength index. Each one of these moving averages calculates faster than the previous, starting from the SMA to the LSMA. It includes a hidden vwap as a moving average to confirm Trend Direction. It uses a "Double Stochastic Strategy" designed by @CoffeeshopCrypto The first Stochastic being called the "slow stochastic" and the second stochastic using a hull moving average calculation and it's K% and a separate multiplication in its D%. ------------------------------------------------------------------ Welcome to the coffee shop everyone. This is your host and Barista Eric as always serving up something piping hot and frothy unless you just like a chai tea which tastes like a hot Garden in a cup. Chai is definitely not my cup of tea but I do like drinking tea over coffee . So if you feel like sending me something then let it be either coins on tradingview or it could be a few tea bags of your favorite. Okay so I'm keeping the intro very short today and I know my videos tend to be pretty long and I max out at the 20 minute marker but I do like to keep you people informed and today is the information you've been waiting for. today is the release of the Heiken Ashi Algo oscillator. There is definitely not enough time in this video To break down all the different ways you can use it for trading because it is available to so many different styles and strategies so in today's video I'll show you what all the parts do what all the parts mean you can take it and added to your chart and start running with it. In the meantime day-to-day you will see new strategies posted in my profile. Each one depicting a different trading strategy and trading style that can you can use against the Heiken Ashi Algo Oscillator. I figured it would be easier this way anyway to break up the trading Styles across different videos so that there is no confusion and you won't have to worry about watching two different styles in the same video at least . So without further Ado let's grab our coffee and tea and raise our glasses in a universal, community style toast and get onto the oscillator and all of it's moving parts. This is where you need to play the video and listen, because it would be TOO MUCH to type and too much to read. So let's go. ----------------------------------------- For my trading style, the HA candles have been Recalculate it again because I come to find out that the AHA candles are based on a 2. Calculation which means if my candles are set to 9. IRS I should be twice of that and my RS I'm moving average should be two times at so my candles are 9 my RS I is 18 which is 9 * 2 and my are as I'm moving average is 36 which is 18 * 2. I just wanted to point this out before anyone starts asking me what are the best settings. these are not necessarily the best they are simply the ones that work for me. HA Candle: These are the colors, Wicks, and borders, as they are plotted against yourRSI. they are simply a representation of the RSI signal but you can have your RSI set at one length while your candles are set at another length. RSI: No description needed here this is simply the relative strength index long exit - This is a signal to tell you the uptrend is going to pause or stop. short exit - this is a signal to tell you that the downtrend is going to pause or stop Resistance levels - This is a signal to tell you where you can set the beginning of a trend line and the level of resistance on your chart. support levels - is this a signal to tell you where you can set the beginning or end of a trendline and set a support level on your chart RSI Moving average - this is the signal line of your moving average against your RSI and you can choose up to 7 different calculations. Buy and sel Signals - These signals are triggered based off of certain criteria happening in the oscillator related to volume and Trend Direction. **WARNING** You should take BUYS when you are in an uptrend and SELLS in a downtrend. (IE 200ma below the 50 ma for uptrend and 200 above 50 for downtrend) Slow stochastic RSI ribbon - this prints a visual representation of the regular stock a stick on your oscillator. Fast Stochastic RSI ribbon - This is the second part of the double Stochastic strategy which prints a fasterStochastic on your chart which uses part of a hull Moving Average calculation. Finally ALERTS have been included. To use the alerts go to your alerts Tab and click create alert. Under "Condition" select Heiken Ashi Algo In the drop-down below it you can select: buy signal to enter long Sell signal to enter short Soft Long or Short exit, if you want to get out of your Long or Short trade when the trend begins to change Hard Long or Short exit, Is when you definitely should get out of your long or short trade. there is also an alert set up if you want to be notified about new resistance levels or new support levels. Just select the one you want and adjust the message that will arrive to you via email, phone, or on screen. So........ did we do a good job? Let's talk in the comments below.
Education
by CoffeeshopCrypto
12
Indicator: Bad Ass Bollinger Bands by wyckoffmode InstructionsHello, At this time you may buy Bitcoin below the lower indigo band of Bad Ass Bollinger Bands and sell above the white upper band. In the future you can come up with your own trading strategy by looking at the BBB indicator and finding the points on the indicator where buying is optimal. For instance like I said now is the time to buy below the lower indigo or "blue" band and sell above the white upper band. Please, I'm interested to know your thoughts and would appreciate if you write me some information in the comments about this. Please, pair Bad Ass Bollinger Bands with "Phoenix Ascending" also by username wyckoffmode aka David. He's a great man. You may also ask him for access to "Phoenix ARI" and combine stochastic RSI with Phoenix ARI because Phoenix ARI is less susceptible to price action. By merging the two you get a good glimpe of volitility mixed with price action. By using Phoenix Ascending a general rule of thumb is to buy Bitcoin when the blue LSMA is below the 20 line. However as you can see that doesn't happen a lot. So try to buy when all three green,red and blue are as close to the 20 as possible with green even being below the 20. The best timeframe to use this on in my opinion is the three hour. If you are using this on the 15 minute or 30 minute chart please make sure you load a copy of the 3 hour and 6 hour charts in another tab and monitor to them to accurately make a good trading decision. Always remember what it generally boils down to in this market is to buy below the the lower indigo and sell above the upper white. Good day and best wishes.
Education
by Henrywaters
CSC-HARSI UPdate: Bull Rejection / Bear RejectionWhat's new in this indicator Support and resistance levels have been re-coded to give you a cleaner visualization. as always when you see a support indication you set the support level at the close of the candle. if they cancel this red you place it at the bottom. If the candle is green you place it at the top. You always place the S/R level at the close of the candle. Two other indications added to the script are called, Bull Rejection and Bear Rejection. --Bull rejection shows up when there's a bullish rally and then there's enough resistance to stop that upward move. --Bear rejection is when there's a bearish move and there is enough resistance to stop that downward move. If you get a resistance indication followed by a bullish rejection indication you should exit your trade. Because it's showing you resistance at that level and enough pushing back down. If you get a support indication followed by a bearish rejection you should exit that short trade because it's showing you there is support at that level and enough force pushing to the upside.
Education
by CoffeeshopCrypto
3
Unfi Short Scalp using CVD to confirm the trade - 84.86% profit BINANCE:UNFIUSDT BYBIT:UNFIUSDT COINBASE:UNFIUSD Educational post on CVD or Cumulative Volume Delta and how I use it to confirm scalps and swing trades Unfi Short Scalp using CVD to confirm the trade - 84.86% profit in 30 minutes! Delta only shows us market orders. NB!!! Bearish CVD: (used in this trade) Price making LH but CVD making HH. People are aggressively market buying, but highs in price can’t be taken out. Bigger limit order trader has absorbed price Bullish CVD: More people market shorting (CVD) but Price forms HL. CVD makes LL. if price making HL and more people market shorting, then a bigger trader or traders has come in with a limit order and absorbed the market shorts Both leads to trapped traders and you can expect a decent follow through. Not Financial Advice. DYOR. Papertrade before trading with real money. Hope you have a profitable trading day! Shawn
UEducation
by zartraderguy
CSC-HARSI with Alerts for GO long or Short and when to BUYWelcome to the coffee shop everybody I am highly highly highly excited about the new developments taking place with the CoffeeShop Crypto HARSI 2022 Don't let the name of the indicator fool you it can be used on more than just crypto you can use it on all markets or any markets that you choose to use it on. As you know the indicator was released sometime ago and I really want to give a big thank you to all the people who come through Boost the script as well as use it on their charts it's really nice to see you guys doing that and I want to let you know that I get information I get indications of that taking place and I do make sure to follow you because I want to know what it is that you're up to and I want you to see what I'm up to. okay now that we're done with the introductions and all the salutations and make you feel good about yourselfes let's get into what's happening with the CSC-HARSI. Make sure to take a look at the attached video above because you're going to see and hear me discussing the new implementation of 2 types of alerts and indications that show up on the indicator itself. One indication is when it is going to be telling you to Bi-Lo another indication is going to be when it tells you to go long. That is related to people who want to go bullet in the market and Buy Low sell High. "Bi-Lo" Means that the trend is about to reverse or that if you're in a ranging Market you can buy at this very low price. Shortly after that you'll end up getting another indication saying "Go long". This means that you've already bought at the lowest possible price in a safe place and now when it says go long you can set your trade and take profit levels. So "Buy Lo" does not mean enter into the market and set your take profit it simply means that you buy shares at a low price. The other indications that will show up will be simply the reverse of that. One would say "Buy Hi" which means you just accumulate shares or coins or what have you so that you can short them later on. A little while after that you'll get another Indication that says "go Short". This means that you've already accumulated shares at a high value and now you're going to "short" them. In the attached video you'll be able to see how to use the coffee shop crypto and when and how do you use these two separate alerts for example "Bi-Lo" and "Go-Long" or "Buy-Hi" and "Go-Short" As of the recording of this video in the publication of this idea do not look for the information related to that in the coffee shop crypto heart see this is simply an idea to let you know what's coming up next. So in the meantime go ahead add to your favorites from this link and add it to your chart and when I published the new version of the code which will be with somewhere in the next 24 hours I hope you'll get an indication from tradingview and it'll say hey has been an update to this script go and get the new one. At which point you would simply delete the coffee shop crypto from your trading chart, then you would end up going to the Community Scripts and typing in CoffeeShop Crypto 2022 And re-add it to your chart. So again make sure you watch the video that's attached and if you have any questions go ahead and drop them below if you just simply excited about it go ahead link a comment about that below as well.
Education
by CoffeeshopCrypto
10
A Dive Into My Swing Trading Approach (+setup) This video was a short synthesis of my swing trading approach. For the amount of information I presented, I'm not expecting to successfully being able to convey my means and ways in one short video, but I'm glad if I could at least show a different perspective. Some important things I forgot to mention: - The tolerance for identifying a visual weak liquidity pattern is 2 ticks, 3 ticks during highly volatile days (for the ES). This can change from one market to another. Anything more than 2/3 ticks is considered a move of conviction supported by strong liquidity, a market that has the confidence to see what's beyond a certain point to then either sharply reverse or move forward. - Using this method I CANNOT know what the market makers are exactly doing, there is no way to know, they will always be a step ahead of any brilliant retail trader. However, we can understand their logic and the weak traders' logic, the latter is the type we want to trade against. SETUP As I said, I favour a short trade, but as of today I have to remain on the sidelines. During this times is important to be flexible and change ones bias if that's what the market is suggesting. I will post my set up (if any) in due course.
CME_MINI:ES1!Education
by LionLazzari