Equilibrium is a tool designed to measure the buying & selling pressure in the market. It is depicted as a “pressure gauge” that automatically adjusts as new candles are formed, providing...
Visualize raw buying and selling pressure via 3 different calculation methods, all superimposed with dynamic rescaling.
Buying and selling pressure is the concept of quantifying the disproportion between buying and selling. In practice, there is no single definitive way to calculate it.
This indicator is a merge to display three different methods to calculate...
NET BSP derived from Buying & Selling Pressure which is a volatility indicator that monitors average metrics of green and red candles separately.
We could navigate more confidently through market with projected market balance.
BSP allowed us to track and analyze the ongoing performance of bullish and bearish impulsive waves and their corrections.
Thanks to the new TradingView indicator Up/Down Volume, it is now possible to get accurate information on Agression (market buying vs market selling)
However, as they only provide the value of delta, I've made this indicator to show the cummulative value, in the form of candles.
It is great to detect divergences in the macro and in the micro scale (As in...
Volume Profile (also known as Price by Volume) is an charting study that displays trading activity over a specified time period at specific price levels. It is plotted as a horizontal histogram on the finacial isntrumnet's chart that highlights the trader's interest at specific price levels.
The histogram is used by traders to predict areas of support and...
This script modified from @the_akechi's VolumePressure
The sum of buying and selling volume is NOT always equal to the total volume using the original script because the 2 columns are overlaid, not stacked