OPEN-SOURCE SCRIPT

PhantomFlow AccumulationDetector

11247
The PhantomFlow AccumulationDetector indicator analyzes the volume profile and displays potential accumulation based on the selected timeframe in the settings. This indicator can be used both as zones for trend following and for identifying reversals, as shown in the examples on the chart. The logic behind the formation of the accumulation zone is based on the fact that the POC (Point of Control) of the current zone is within the Volume Area range of the previous period.

Optimal settings for the working timeframe should be chosen visually, and the size of the zones should not be too large or too small. Additionally, it's advisable not to consider overly wide zones during increased volatility.

Consecutive zones within the same range often indicate a potential reversal.

We borrowed the volume profile calculation code from @LonesomeTheBlue. Thank you for the work done!

Wyłączenie odpowiedzialności

Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.