A clean Trade Calculator for any Asset, which calculates everything you need to know. This script is a modified version of the Position Calculator by Mysteriown. Link: I try to make it a bit better for Futures Trading.
Uses Volume and current outstanding shares float to calculate a ratio to determine if a price trend is occuring.
changed from a max Volume to an acumulated Volume
Disparity with "12% Low volume Ignored candle"
Buying/selling pressure Green bar for buying pressure, calculated by multiply Volume change and the increasing of price Red bar for selling pressure, calculated by multiply Volume change and the decreasing of price White bar is the subtract of Green bar and Red bar, which is calculated how strong of buying or selling in the market at the current timeframe. The...
Another simple indicator from the sweet indicator series, This is a combination of the Volume and Price Trend Meter indicators combined (Links below) into one indicator called PVTM (Price Volume Trend Meter). PVTM measures the strength of price and volume pressure on a histogram. The indicator sums up all green candles price and volume and red candles price and...
NSE BankNifty Spot Volume - by GrowMore Indicators !! HOW Does it work ? Trading volume is a measure of how much of a given financial asset has traded in a period of time. For stocks, volume is measured in the number of shares traded and, for futures and options, it is based on how many contracts have changed hands. The numbers, and other indicators that...
The Ants indicator is based on the research of David Ryan, three-time winner of the U.S. Investing Championship. David came up with the idea for the indicator while managing the New USA Growth Fund at William O’Neil + Company. David was interested to understand what drove some stocks higher once they were extended from their most recent base, while others had only...
For pivot levels, we use different definitions of the pivot point. In fact, there are three different methods to calculate the reference level using this method. For these pivot points, we set the variable x, the value of which depends on whether the open is higher or lower than the close. If the close is less than the open, x = H + 2L + C. If the close is...
Max Saham's ADX line with D+ & D- ADX is used to quantify trend strength. When the D+ (+DMI) is dominant and rising, price direction is up. When the D- (-DMI) is dominant and rising, price direction is down. But the strength of price must also be considered. Uses Wilder's MA to get a more accurate ADX reading as compared to SMA. Also added the green...
This majorly combines 3 indicators. More detailed usage will be taught to the subscribers as part of webinars to understand how to use these along with VSA to improve the trading results. 1)Mean Revert Indicator (M.Revert) - Most useful for intraday. When M.Revert bar turns red its ideally a sell signal. When M.Revert bar turns green its buy signal. 2)PV.Trend...
Get to know when to accumulate when biggies are buying and when to stay away from the stock
What is Volume Profile? Volume Profile is an advanced order flow analysis which displays volume distribution at various price points over time. It may be called a recent biodata of a stock which is displayed on a chart as a horizontal histogram. Volume Profile can help reveal significant price levels where smart money is sitting. Why Volume Profile is...
This is a candlestick charted Relative Strength indicator. It compares the chosen stock's progress compared to that of the SPY ETF ... ( SPY is used so it should hopefully update intraday). I use this indicator to see which stocks are outperforming the market. Input Variable Descriptions: Ratio: this variable is a float (0 to 1) that is basically how close the...
This Indicator is developed as mentioned in Steve Woods Book "Float Analysis, Powerful technical Indicators using Price and Volume" Overview Float analysis is a holistic approach to studying the technical behavior of stocks. By this I mean it treats the shares actually being traded as equal in importance to price and volume activity. Thus, price and...
An interesting implementation of mine to measure an asset changes based on asset price velocity and volume velocity. The indicator acts as asset value calculator. Long and Short. ==Points System Rules== UPTRENDING If Current Close is higher than previous Close and Current Volume is bigger than previous Volume: Adds Close Points and Volume Points Otherwise...
Smoothed, Simplified, and Color-coded OBV to easily understand the price direction. Primarily uses Price Action, Moving Averages(EMA), and Volume Green Zone is Uptrend Red Zone is the Downtrend. Confirm the direction with other indicators Check multiple timeframes.
Simplified Bull/Bear Strengths Indicator uses price action, volume flow, and candlesticks to calculate bull and bear strengths, also known as buying and selling pressures. Green/Red Volume Bars can be misleading at times This indicator shows the net bull/bear power Recommended to be used in combination with indicators to find reversal signals. For...