=== Volume Forecast === The idea of "Vwap BLVD"(Closing vwap value of most recent highest volume Day of which todays price is coming in contact with above or below) is to show when you are running into "overhead supply", and or "Demand zones" on the daily chart , or intraday. You can use the Volume Forecast to check throughout the day to see if we are on pace on...
VolT is conceived to expose and alert volume volatility. Using 21-candle moving average volume values compared to the current candle volume, you can graphically see the volume as it comes in - as a percentage of the historic 1X volume moving average. Getting close to 2X or 5X of the 21-candle SMA? Just glance at the transparent plots behind the volume bars...
This indicator for 5 minute NQ charts utilises TICK index and price action. Where TICK opens beyond +1000/-1000 this is an overbought/oversold signal. Similarly, when TICK closes below -200 it is a sell signal, and above +200 it is a buy signal. This indicator colours the NQ bars based on the closing/opening values of the previous TICK. It also draws arrows...
Traders rely on volume as a key metric because it lets them know the liquidity level of an asset. If enough volumes are supplied (Buy | Sell) definitely prices respect the supplied volume. However, the word “Supplied” is here indicated as “Pressure”. If there is enough Buying pressure then sellers will be kicked out easy and vis-versa. Index traders normally...
Volume Pressure Analysis is a new concept I have been working on designed to show the effort required to move price. An ideal tool for confirming trends or locating reversals early. This indicator can highlight whale action and market manipulation. It calculates volume vs volatility and displays the results as a meter: Above 0 shows how easy price action is...
Volume Pressure Analysis is designed to show effort required to move price. This script is the overlay version that displays signals on the candles as well as changes the bar colors. Yellow arrows signal pressure in that direction and excessive amounts of volume is required to move price. These signals can lead to reversal/pivot points as price action struggles to...
This script takes the signal from the Accumulation Distribution indicator invented by Larry Williams and normalizes it such that it becomes an oscillator about a zero line as described by John Bollinger in his book Bollinger on Bollinger Bands . The purpose of the indicator is to serve as a volume-based confirmation of signals given by other indicators, typically...
This volume indicator identifies up-day volume spikes that quality as pocket pivots. A pocket pivot volume is an up day volume that is greater than the highest down volume day of the last 10 down days (AKA 10 day pocket pivot). Pocket Pivots are the work of Gil Morales and Chris Kacher. www.wiley.com www.wiley.com My study checks volume only to see if they...
Hello everyone, this indicator is made to calculate the historical average cumulative volume, in the number configurable by the trader. It is used to display bullish or bearish color in relation to the accumulation of historical volumes. In the settings of the same indicator you can read the recommendations. This indicator has 4 relevant data 1- Average...
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This script plots the ratio of each volume bar to the average daily volume of that specific bar (at that specific time of day). You can see what the volume at the 09:30 (or whenever) bar looks like compared to the average volume at the same time during the previous X number of days. The output can be read like a normal volume chart; however, you can see at a...
OBV is provided as a built-in by TradingView. This contribution grew out of reading about trend discovery, and since the library kept on this end was lacking in a volume-centric indicator, it looked like a good time to play around. This approach isn't all that much different than many others with the possible exception of its color scheme. Should you decide to...
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English The "Super Volume+" plug-in was designed to be used in conjunction with the "Super Volume" plug-in, but can also be used alone. It facilitates the use of "Volume Bar Patterns(Volume Action)" by marking voluminous and non-voluminous bars on the chart. It also helps to distinguish between useful support and resistance by highlighting strong trading zones....
What is it? A tool that shows Real-time Volume bars split into 3 components: (1) Market Buy Volume - i.e., the volume that got transacted on upticks; (2) Market Sell Volume - i.e., the volume that got transacted on downticks; and, (3) Neutral Volume - i.e., the volume that got transacted without a change in price. (This feature can be turned off if you want...
Trading Indicator Lab’s Candle Volume Heatmap for TradingView merges volume with price by applying gradient colors in the bars. It can also detect bars that have the most volume and the least volume. Gradient Coloring When applied to a chart, the Candle Volume Heatmap indicator applies colors to each bar which may vary according to its number of volume. The...
Relative volume compares the volume at a specific time in the trading day versus the prior volume at the same time of day over a specified range. This is an ideal way to gauge if there is significant volume driving a price move, either up or down. What's Unique About this Relative Volume Indicator? Many relative volume indicators simply divide the current volume...
What is it? Market Delta Volume Tool for real-time bars A market delta tool that shows, (1) the volume that got transacted on upticks - or the market buy volume; (2) the volume that got transacted on downticks - or the market sell volume (3) the market delta volume (i.e., market buy volume - market sell volume); (4) the total volume (market buy volume + market...