HMA VolumeVolume smoothed by Hull Moving Average . Basic, so not much to say really.
It has a multi timeframe function, so you can for example, look at the hourly volume, on the 15 minute chart, or whichever timeframe combo you choose.
Use it to see volumes trend is increasing or decreasing
Volume Indicator
Best Bulls Bears Volume trend Breakout V2 [badshah_e_alam]This is a intraday indicator. Only to be used on timeframe less than daily charts.
This indicator purely uses volume to plot the graph. The indicator helps in conforming a breakout strategy.
This indicator is advanced version of my previously developed indicator you can check this link
Total volume is made up of buying volume and selling volume . Buying volume is the number of shares, contracts, or lots that were associated with green bars, and selling volume is the number that were associated with red bars.
The labels on the right side are the current bar value and that days bulls /bears weightage.
the first value shows the current bar volume.
second value show the bulls weight in %
third value show the bears weightage throughout the day ( %)
The Blue plot in graph keeps the track of bulls movement in intraday( %)
The Red plot in graph keeps the track of bears movement in intraday ( %)
X axis is time.
Y axis ranges from 100 to -100
I use 1:2 risk to reward ratio. Do your own research.
**not a financial advice**
Example of price increasing, volume decreasing
this indicator can be used for confirming a breakout strategy with bulls or bears in action. In the current example, the buyer’s volume percentage is reducing and the price is increasing throughout the day. Hence a breakout of the trendline is confirmation of a short trade.
Example of Price reducing, volume decreasing
example of price moving down , bears losing the grip
Example of price decreasing volume increasing
Thanks to nizar9599 for giving idea to improve my previous indicator.
DISCLAIMER
Any and all liability for risks resulting from investment transactions or other asset dispositions carried out by the user based on information received or a market analysis is expressly excluded by me.
All the information made available here is generally provided to serve as an example only, without obligation and without specific recommendations for action. It does not constitute and cannot replace investment advice. We therefore recommend that you contact your personal financial advisor before carrying out specific transactions and investments.
Do your own research, This is not a financial advice.
Volume Indicator wih EOD volume predictionThis indicator displays the volume of each session in a similar manner of the default volume indicator
However it add on the last bar a green bar that shows the expected volume for the end of the session
One might use it to anticipate the end of day volume and decide if the current price action is strong or not
This might also be used to anticipate the appearance of a pocket pivot signal or buyable gap up
This indicator is designed to be used on daily chart exclusively
Bullish Volume [Alerts]A really simple script I made for someone, but also noticed I couldn't find anything like it that's as quick or simple (I may just be dumb)
Simply labels out and alerts you when three consequently higher volume bars appear, pretty useless on its own but for crypto, it works great to quickly notice if some important fundamentals suddenly cause the price to rocket. It works best with hour timeframes. Personally I'd use it with 4h.
I find it useful to know if something in a market is stirring attention and hope others can find it useful.
Volume using Candle RangeAnother way of finding out a rough estimate of the volume or how much bulls or bears were in control using only the range of the candlesticks in relation to the closing price. If the close is in the higher range zone then the volume is said to have been positive, if the close is in the lower range zone then the volume is said to have been negative. The close is compared to the midpoint of the candle to see how far from the midpoint the close was.
The columns bars show how far each candlestick's close price is to the midpoint of its high and low. It's possible for the column bar to be a different color than the candlestick itself if the close was above or below the midpoint. An average line is shown that takes the average of a given length amount of column bars. There is an option to show the absolute value only of the columns and the average line.
This is based on an idea I found about candlestick range bars implying volume. This is an attempt to put that theory into practice and to see if there's any truth to it. It's not exactly volume and may not always look like it, and it does not show how many trades took place but instead tries to use price in relation to the high and low range.
BankNifty Volume Indicator
KEY TAKEAWAYS
- Uses BankNifty Index Stocks Volume.
- BankNifty Volume Indicator is created by adding all BankNifty Stocks Volume together.
- BankNifty Volume will be an important indicator in BankNifty Index technical analysis because it is used to measure the relative significance of a market move.
- The higher the volume during a Banknifty index price move, the more significant the move and the lower the volume during a Banknifty index price move, the less significant the move.
- Moving Average is also added.
NSE:BANKNIFTY
Uniform Volume ProfileUniform Volume Profile
The volume of a single candlestick is uniformly distributed by its range (high - low) along all the colliding volume profile bars.
For example, if a 10% of a candlestick intersects some volume bar (horizontal line) only the 10% of that candlestick volume will contribute to that profile.
INDIGO - SwingTraderThis is a script that uses a couple of other indicators to find good swing trade entry's and exit's. You can choose which signals the script uses to calculate the position of the signals.
It uses the following:
- Stoch RSI
- MACD
- POC
- INDIGO Cloud
Also added are volume candles, acceleration of momentum indicators (triangle) and MACD candles. This way you can see more info to decide if the entry is valid.
I have used a couple of public scripts and tried to give credit to the original creators. If there is any script that hasn't been credited, please contact me.
Feedback is very much appreciated, positive and negative. Also If you have any question, feel free to ask me. I'll try to answer asap.
Enjoy the script :)
Tape [LucF]█ OVERVIEW
This script prints an ersatz of a trading console's "tape" section to the right of your chart. It displays the time, price and volume of each update of the chart's feed. It also calculates volume delta for the bar. As it calculates from realtime information, it will not display information on historical bars.
█ FEATURES
Calculations
Each new line in the tape displays the last price/volume update from the TradingView feed that's building your chart. These updates do not necessarily correspond to ticks from the originating broker/exchange's matching engine. Multiple broker/exchange ticks are often aggregated in one chart update.
The script first determines if price has moved up or down since the last update. The polarity of the price change, in turn, determines the polarity of the volume for that specific update. If price does not move between consecutive updates, then the last known polarity is used. Using this method, we can calculate a running volume delta accumulation for the bar, which becomes the bar's final volume delta value when the bar closes (you can inspect values of elapsed realtime bars in the Data Window or the indicator's values). Note that these values will all reset if the script re-executes because of a change in inputs or a chart refresh.
While this method of calculating volume delta is not perfect, it is currently the most precise way of calculating volume delta available on TradingView at the moment. Calculating more precise results would require scripts to have access to bid/ask levels from any chart timeframe. Charts at seconds timeframes do use exchange/broker ticks when the feeds you are using allow for it, and this indicator will run on them, but tick data is not yet available from higher timeframes, for now. Also note that the method used in this script is far superior to the intrabar inspection technique used on historical bars in my other "Delta Volume" indicators. This is because volume delta here is calculated from many more realtime updates than the available intrabars in history.
Inputs
You can use the script's inputs to configure:
• The number of lines displayed in the tape.
• If new lines appear at the top or bottom.
• If you want to hide lines with low volume.
• The precision of volume values.
• The size of the text and the colors used to highlight either the tape's text or background.
• The position where you want the tape on your chart.
• Conditions triggering three different markers.
Display
Deltas are shown at the bottom of the tape. They are reset on each bar. Time delta displays the time elapsed since the beginning of the bar, on intraday timeframes only. Contrary to the price change display by TradingView at the top left of charts, which is calculated from the close of the previous bar, the price delta in the tape is calculated from the bar's open, because that's the information used in the calculation of volume delta. The time will become orange when volume delta's polarity diverges from that of the bar. The volume delta value represents the current, cumulative value for the bar. Its color reflects its polarity.
When new realtime bars appear on the chart, a ↻ symbol will appear before the volume value in tape lines.
Markers
There are three types of markers you can choose to display:
• Marker 1 on volume bumps. A bump is defined as two consecutive and increasing/decreasing plus/minus delta volume values,
when no divergence between the polarity of delta volume and the bar occurs on the second bar.
• Marker 2 on volume delta for the bar exceeding a limit of your choice when there is no divergence between the polarity of delta volume and the bar. These trigger at the bar's close.
• Marker 3 on tape lines with volume exceeding a threshold. These trigger in realtime. Be sure to set a threshold high enough so that it doesn't generate too many alerts.
These markers will only display briefly under the bar, but another marker appears next to the relevant line in the tape.
The marker conditions are used to trigger alerts configured on the script. Alert messages will mention the marker(s) that triggered the specific alert event, along with the relevant volume value that triggered the marker. If more than one marker triggers a single alert, they will overprint under the bar, which can make it difficult to distinguish them.
For more detailed on-chart analysis of realtime volume delta, see my Delta Volume Realtime Action .
█ NOTES FOR CODERS
This script showcases two new Pine features:
• Tables, which allow Pine programmers to display tabular information in fixed locations of the chart. The tape uses this feature.
See the Pine User Manual's page on Tables for more information.
• varip -type variables which we can use to save values between realtime updates.
See the " Using `varip` variables " publication by PineCoders for more information.
OBV and OBV SMA comparisonCompare OBV and OBV SMA relative strength
---------------------------------------------------
Key Points in this study:
Default SMA34
In Daily down trend or consolidation in uptrend
1. if OBV crosses above OBV SMA34, Long entry
2. OBV breakout to new high, Long entry
MACD, RSI, & RVOL Strategy
This strategy combines the use of MACD (12, 26, 9), RSI (14, 30, 70), and RVOL (14) to create Long Buy and Sell signals. This works well with many different time intervals but was developed with 15-minute intervals in mind.
Using MACD as a reference, the strategy identifies when the MACD line crosses over (a factor in a buy signal) and under (a factor in a Sell signal) the Signal line. This shows a shift in positive (cross over) and negative (cross under) of a security.
Using the Relative Strength Index ( RSI ) as an indicator, the strategy notices when the velocity and magnitude of the directional price movements cross over the Oversold signal (30) and crosses under the Overbought signal (70) as a factor in creating a Buy and Sell signal.
Using Relative Volume (RVOL) as an indicator, the strategy calculates when the current volume has crossed over the 2x average volume indicator over a given period and is then used as a factor in creating a Buy signal. RVOL is also used when the change in volume crosses under a set RVOL number (in this strategy, it is set to a RVOL of 5).
RVOL = Current Volume / Average Volume over a certain period
This strategy indicates a Buy signal when 2/3 conditions are met:
- RSI Cross Over the Over Sold signal (default 30)
- MACD Cross Over of Signal ( MACD > Signal)
- RVOL Cross Over of 2 (RVOL > 2)
This strategy indicates a Sell signal when 2/3 conditions are met:
- RSI Cross Under the Over Bought signal (default 70)
- MACD Cross Under of Signal ( MACD < Signal)
- RVOL Cross Under 5 (RVOL < 5)
Enjoy and leave feedback!
Fibodex TrapFibodex Trap indicator
this indicator designed by the Fibodex team
you will receive dump and bump singles buy using this indicator
also, you will receive buy and sell signals
indeed by using our indicator you won't need many technical analyses
The accuracy of the indicator with the correct settings is estimated to be more than 70%
also, we are trying to improve it to make it more accurate
notice that this indicator should be used as a secondary tool
By using this indicator, you also accept the risk of using it.
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اندیکاتور تله توسط مجموعه فیبودکس ایده پردازی و کد نویسی شده است.
شما با این اندیکاتور قادر خواهید بود تا سیگنال های پامپ و دامپ و همچنین خرید و فروش را دریافت نمایید.
دقت اندیکاتور با تنظیمات صحیح بیش از 70 درصد تخمین زده شده است که مجموعه فیبودکس در جهت بهبود و افزایش دقت آن تلاش خواهد کرد.
به یاد داشته باشید که از این اندیکاتور به عنوان کمکی و دریافت تاییده کمک بگیرید .
شما با استفاده از این اندیکاتور ریسک استفاده از آن را هم می پذیرید
Linear Regression Channel / Curve / Slope by DGTTʜᴇ Lɪɴᴇᴀʀ Rᴇɢʀᴇꜱꜱɪᴏɴ Cʜᴀɴɴᴇʟꜱ
Linear Regression Channels are useful measure for technical and quantitative analysis in financial markets that help identifying trends and trend direction. The use of standard deviation gives traders ideas as to when prices are becoming overbought or oversold relative to the long term trend
The basis of a linear regression channel
Linear Regression Line – is a line drawn according to the least-squares statistical technique which produces a best-fit line that cuts through the middle of price action, a line that best fits all the data points of interest. The resulting fitted model can be used to summarize the data, to predict unobserved values from the same system. Linear Regression Line then present basis for the channel calculations
The linear regression channel
2. Upper Channel Line – A line that runs parallel to the Linear Regression Line and is usually one to two standard deviations above the Linear Regression Line.
3. Lower Channel Line – This line runs parallel to the Linear Regression Line and is usually one to two standard deviations below the Linear Regression Line.
Unlike Fibonacci Channels and Andrew’s Pitchfork, Linear Regression Channels are calculated using statistical methods, both for the regression line (as expressed above) and deviation channels. Upper and Lower channel lines are presenting the idea of bell curve method, also known as a normal distribution and are calculated using standard deviation function.
A standard deviation include 68% of the data points, two standard deviations include approximately 95% of the data points and any data point that appears outside two standard deviations is very rare.
It is often assumed that the data points will move back toward the average, or regress and channels would allow us to see when a security is overbought or oversold and ready to revert to the mean
please note : Over time, the price will move up and down, and the linear regression channel will experience changes as old prices fall off and new prices appear
█ Linear Regression Study Features
Linear Regression Channel
- Linear regression line as basis
- Customizable multiple channels based on Standard Deviation
- ALERTs for the channel levels
Linear Regression Curve
- Linear regression curve as basis
- Optional : Bands based on Standard Deviation or Volatility (ATR). Bands are applied with fixed levels 1, 2 and 3 times StdDev or ATR away from the curve
Linear Regression Slope
- Optional : Up/Down slope arrows for a used defined period
█ Volume / Volatility Add-Ons
High Volatile Bar Indication
Volume Spike Bar Indication
Volume Weighted Colored Bars
Nifty Pharma VolumeThis indicator plots volume for the index Nifty Pharma using data from it's constituent stocks.
Code taken from @daytraderph 's script called Custom Volume.
Best Volume Indicator - BTCIn order to make more sense of trading volume in crypto …
Based on the Better Volume Indicator (curtesy of Emini-Trading (emini-watch.com) and the TradingView Adaption by LazyBear ().
My tweaks/adaptations:
- altered the calculation of low volume (c11) in the LB adaptation since it represents the original code better (in my opinion)
- takes volume of multiple exchanges into consideration
- added standard-deviation bands in order to identify peak amount of trading volume
- added three EMA's in order to assess the amount of trading volume even better
- changed the color coding of the original Better Volume Indicator (my preference)
volume climax up = green (instead of red)
volume climax down = red (instead of white)
low volume = yellow
churn = blue (instead of green)
climax + churn = purple
"normal" volume = gray (instead of cyan)
Simple Volume Oscillator (SVO), by @BlueJayBirdSimple Volume Oscillator, or SVO. I came up with this idea while studying Spread Volume Analysis (SVA). It uses the Trading View's built-in RSI function to simplify volume values for further interpretation.
// -------------------- ENGLISH, Inglés
How to Use:
- When there's little volume activity, expect the oscillator to be closer to the zero line.
- Wait for a probable sudden increment up to close 100 when volume enters into the market.
- It works pretty much as a volatility oscillator, but it eliminates the noise of the price, and the noise of the volume bars, always so vertical and linear, which sometimes are hard to understand at first glance.
- As any oscillator, it suffers from some lagging when compared to the price action, but for the most part is pretty accurate.
- Remember the cyclical nature of markets: If things are quite, something is coming.
- NOTE: The oscillator WILL NOT indicate market direction, that bias is up to the analyst to find out.
- Like. Follow. Comment.
// -------------------- SPANISH, Español
Cómo usar:
- Cuando hay poca actividad de volumen, el oscilador debería estar cercano a cero.
- Esperá por un posible incremento repentino hasta 100 cuando entre volumen en el mercado.
- Funciona de manera similar a un oscilador de volatilidad, pero elimina cualquier ruido del precio, y el ruido de las barras de volumen, siempre tan verticales y lineales, lo que las hace difícil de descifrar a simple vista.
- Como cualquier oscilador, sufre de un ligero retraso respecto de la acción del precio, pero por lo demás, es bastante preciso.
- Recordá la naturaleza cíclica de los mercados: Si las cosas están quietas, es porque algo está por suceder.
- NOTA: Este oscilador NO VA A decirte qué dirección va a seguir el precio; eso es algo que vas a tener que descubrir por tu cuenta.
- Like, seguí, comentá.
TV Community AlgoTV Community Algo is a free TradingView script that I designed from the ground to benefit the traders of this community. It has plenty of features that you will enjoy, and I have included documentation for how to use this below!
Settings:
Basic:
Turn the Void Lines on or off
Turn the Dashboard on or off
Turn the Signal Bars on or off
Turn the Support & Resistance Lines on or off
Turn the EMA 8 and EMA 200 on or off
Turn the Buy & Sell Signals on or off
Turn the Fibonacci Retracement Tool on or off
Style:
Change the Dashboard's distance from the price action
Change the Dashboard's Color and Transparency
Change the Dashboard Text Color
Change the Fibonacci Deviation
Make the Fibonacci Retracement Tool reverse
Make the Fibonacci Lines extend left, right, both directions, or none
Turn Fibonacci Prices on or off
Turn Fibonacci Levels on or off and change between percent or value
Change Fibonacci Label Position from the left or the right
Usage:
This algo has many uses including but not limited to:
Finding entries and exits using the EMA 8 and EMA 200 crossovers
Using the Void Lines to identify bounces or reversals
Using the Signal Bars to identify trend and confirmation for entries and exits
Using the Dashboard information for confirmation and informational purposes
In the images below, I give a few examples of the many uses of the TV Community Algo!
VOID LINES
The Void Lines are very helpful when it comes to identifying reversals.
TV COMMUNITY ALGO DASHBOARD
The Dashboard is filled with useful information that all traders can benefit from!
SIGNAL BARS
The colored candles known as Signal Bars inform you of when the price action is above or below the midpoint of the Void Lines.
AUTO SUPPORT & RESISTANCE LINES
These lines help traders find accurate levels of support & resistance on all time frames, and the lines change color depending on if the price is above or below them.
EMA 8 AND 200
The EMA 8 and EMA 200 crossovers can be used as entry and exit signals.
BUY & SELL SIGNALS
The BUY & SELL signals can be used to find optimal entries and exits for trades on any time frame. Smaller time frames are best for scalping, while larger time frames are more suited for longer trades. When combined with the EMA lines and Dashboard information, these signals can produce incredibly profitable trades.
AUTO FIBONACCI RETRACEMENT TOOL
The Auto Fibonacci Retracement Tool allows you to plot perfect Fib Lines every time.
Conclusion:
I truly hope that the TV Community Algo benefits the TradingView community and that you all find some value in it. I worked very hard on this product and I would love to see it put to good use.
with love,
-Lemon 🍋
This work is licensed under a Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0) creativecommons.org
Volume Profile [LuxAlgo]Displays the estimate of a volume profile, with the option to show a rolling POC (point of control). Users can change the lookback, row size, and various visual aspects of the volume profile.
Settings
Basic:
Lookback: Number of most recent bars to use for the calculation of the volume profile
Row Size: Determines the number of rows used for the calculation of the volume profile
Show Rolling POC: Determines whether to display the rolling POC of the volume profile
Style:
Width (% of the box): Determines the length of the bars relative to the Lookback value
Bar Width: Width of each bar
Flip Histogram: Flips the histogram, when enabled, the histogram base will be located at the most recent candle
Gradient: Allows to color the volume profile bars with a gradient, with a color intensity determined by the length of each bar
Rows Solid Color: Color of each bar when 'Gradient' is disabled
POC Solid Color: Color of the POC when 'Gradient' is disabled
Usage
It is very common to display volume over time in order to visualize the trading activity made over a specific candle, however this is not the only way to display volume and it can be interesting to put it in relation with the price, which is what volume profiles do.
Volume profiles are displayed as price relative histograms showing the accumulated volume within certain price areas, the number of areas are determined by the row size of the volume profile. Knowing which price's area accumulated the most volume allow highlighting areas of interest to market participants.
Most accumulated volume will be encountered in zones of equilibrium between buyers and sellers; that is zones of local price stationarity. These zones are highlighted by high volume nodes in the volume profile. Imbalance between buyers and sellers are highlighted by thinner zones of the volume profile.
The price level with the most accumulated volume is highlighted by the "point of control" (POC), displayed by the dotted line in the indicator.
The POC is often considered an important level, commonly used as support/resistance by traders. One can verify the accuracy of this use case by using the rolling POC (assuming one would use the POC over time as SR).
Indicator Limitations
Volume profiles are calculated using tick data, which is not the case of this estimate, as such you won't have an accurate representation of an actual volume profile.
The rolling POC can introduce time outs in the script computation, use lower lookback and row size value to display it.
Average Dollar VolumeDollar volume is simply the volume traded multiplied times the cost of the stock.
Dollar volume is an extremely important metric for finding stocks with enough liquidity for market makers to position themselves in. Market Liquidity is defined as market's feature whereby an individual or firm can quickly purchase or sell an asset without causing a drastic change in the asset's price. The key concept you want to understand is that these big instructions with billions of dollars need liquidity in a stock in order to even think about buying it, and therefore these institutions will demand a large dollar volume. A good dollar volume amount, that represents a pretty liquid name, is typically above 100 million $ average. Why are institutions important? Simple because they are the ones who make stocks move, and I mean really move. If you want to see large growth from a stock in a short amount of time, you need institutions wielding billions of dollars to be fighting one another to buy more shares. Institutions are the ones who make or break a stock, this is why we call them market makers.
My script calculates average dollar volume using four averages: the 50, the 30, the 20, and the 10 period. I use multiple averages in order to provide the accurate and up to date information to you. It then selects the minimum of these averages and divides this value by 1 million and displays this number to you.
TL;DR? If you want monster moves from your stocks, you need to pick names with average high liquidity(dollar volume >= $100 million). The number presented to you is in millions of whatever currency the name is traded in.
Up/Down Volume RatioUp/Down Volume Ratio is calculated by summing volume on days when it closes up and divide that total by the volume on days when the stock closed down.
High volume up days are typically a sign of accumulation(buying) by big players, while down days are signs of distribution(selling) by big market players. The Up Down volume ratio takes this assumption and turns it into a tangible number that's easier for the trader to understand. My formula is calculated using the past 50 periods, be warned it will not display a value for stocks with under 50 periods of trading history. This indicator is great for identify accumulation of growth stocks early on in their moves, most of the time you would like a growth stocks U/D value to be above 2, showing institutional sponsorship of a stock.
Up/Down Volume value interpretation:
U/D < 1 -> Bearish outlook, as sellers are in control
U/D = 1 -> Sellers and Buyers are equal
U/D > 1 -> Bullish outlook, as buyers are in control
U/D > 2 -> Bullish outlook, significant accumulation underway by market makers
U/D >= 3 -> MONSTER STOCK ALERT, market makers can not get enough of this stock and are ravenous to buy more
U/D values greater than 2 are rare and typically do not last very long, and U/D >= 3 are extremely rare one example I kind find of a stock's U/D peaking above 3 was Google back in 2005.
MAKE SURE TO HIT THE SETTINGS WHEEL AND CHECK THE BOX NEXT TO PLOT IN ORDER TO GET RID OF THE PLOTTED LINE.
Volume AdvancedI have found out this script some time ago. In fact it is not my code (just have modified a little) and I don't know the author (couldn't find). So now I would like to share with the community, maybe somebody would have some idea how to make it better. The script itself is modified volatility oscillator (like ATR) based on volume, making a deal at the moment of price change. To recognize the current trend I have add simple function just to compare the current price with the N bars before, because sometimes in moments of high volatility there may be wrong signals.
Performante's Average Bitcoin Volume EMA Indicator This is the average Bitcoin volume with the data collected from the major retail exchanges + the exponential moving average (EMA) for the volume added on to better understand relative volume.
Thank you Julio!
