Short Volume Stamper

28 thg 2, 2022

Hello!

BE SURE TO RUN THE SCRIPT WITH BAR REPLAY TO SEE WHAT IT DOES! I hope you like it!

This script calculates the total short volume, total volume, and the short volume / total volume ratio since the 2-year high price. In addition, the approximate dollar value of all short volume since the 2-year high, and the approximate dollar value of all non-short sell volume since the 2-year high is calculated using VWAP. A red line (short interest ratio >= 20%) connects the 2-year high to current session’s high price; a green line (short interest ratio < 20%) connects the 2-year high to the current session’s high.

The script also “stamps” sessions in which a NEW 1-year high in SHORT volume is achieved, and when a PIVOT POINT high is achieved (highest high over 51 sessions). When a new high in short volume is achieved the script aggregates the total volume and short volume for the 5 sessions prior to the new high, the session of the new high, and the 4 sessions after the new high (10 sessions). Additional volume calculations are performed for the 10 session period!

When a pivot point high is achieved the script aggregates the total volume and short volume for the 3 sessions prior to the pivot high, the session of the pivot high, and the 2 sessions after the new high (6 sessions). Additional volume calculations are performed for the 6 session period!

Red labels, red boxes, and red lines indicate a short volume ratio greater than or equal to 20% over the corresponding period!
Green labels, green boxes, and green lines indicate a short volume ratio less than 20% over the corresponding period!

18 thg 3, 2022

Phát hành các Ghi chú

Changed the tracking label y-axis plot. The tracking label will trail price a bit tighter!

2 thg 4, 2022

Phát hành các Ghi chú

Added name

23 thg 4, 2022

Phát hành các Ghi chú

Memory calculation compliant