I'm trader Baekdoosan who trading Equity from South Korea. This Baekdoo baseline will give you the idea of big whale's approximate average price. The idea behind this indicator is to combine volume and price. Here's one of the equation.
NewH4=valuewhen(volume>HT4 , (open+close+low+high+close)/5, 1)
This indicator integrates the functionality of multiple volume price analysis algorithms whilst aligning their scales to fit in a single chart.
Having such indicators loaded enables traders to take advantage of potential divergences between the price action and volume related volatility.
Users will have to enable or disable alternative algorithms...
Calculate the profit/loss ratio of a permabull for configurable time range
calculates the profit/loss ratio for a permabull of age len
len : the number of candles to include in the running bull ratio - 0 for all time
Returns: series float of profit/loss percentage
What is the impact for Volume to the Prices?
To respond this question, I formulate the hipótesis if a little Volume change a lot the Price, it's a reversion signal, and if a lot of Volume change a little the price, it´s because the price is established.
This is one of 3 indicators created to improve this hipótesis, named:
1. Relative Volume Prices Index by...
Here simply calculate the CCI of the volume, this will use to measure the strength of the trend of the volume
I think the volume as the price could be represented by candles or other graphic to use indicators and strengthen their analysis, due to lack of registration of this it is first necessary to calculate a volume graph, if the candle...
With this, i calculate RSI of the HL2 of the volume and use like an oscillator, this will use to measure the strength of the trend and the "Volume Flow" to follow the trend.
I use like foundation the LazyBear "Volume Flow Indicator" "honor a quien honor merece"
I think the volume as the price could be represented by candles or other graphic to use...