Level: 1 Background The basic volume analysis is that buyers are in control when the price is increased. The purchase volume takes place at the offer price and represents the lowest advertised price at which sellers sell their shares. When someone buys shares at the current asking price, it shows that someone wants the shares and is included in the purchase...
Freedom of Movement Indicator --------------------------------------------------------- In “Evidence-Based Support & Resistance” article, author Melvin Dickover introduces two new indicators to help traders note support and resistance areas by identifying supply and demand pools. Here you can find the support-resistance technical indicator called "Freedom of...
An intraday indicator which plots the 3 different VWAP. 1. D-VWAP shows VWAP from the first candle of the day 2. W-VWAP shows VWAP from the first candle of the week 3. M-VWAP shows VWAP from the first candle of the month
Quick and dirty mod of this script in order to fit my needs. Added one custom session More user friendly (Enable/disable through inputs menu)
This indicator was originally developed by Stephen J. Klinger (Stocks & Commodities, V.15:12 (December, 1997): "Identifying Trends with Volume Analysis"). NOTE : this is the only correct version of Klinger Volume Oscillator in the public library. Like and follow for more open source indicators! Happy Trading!
Hey! This time I'm going to introduce you to an indicator which catches volume spikes and its respect price change, to give an idea of the following price action. The logic is pretty simple: Value > 1 : High Volume that changed a lot the price, next price action will follow that trend. Value < 1 : Low volume that changed a lot the price, trend is weak. Value = 1 :...
Shows the Daily, Weekly, Monthly, Quarterly, and Yearly VWAP. Also shows the previous closing VWAP, which is usually very near the HLC3 standard pivot for the previous time frame. i.e. The previous daily VWAP closing price is usually near the current Daily Pivot. Tickers interact well with the previous Daily and Weekly closing VWAP. Enabling the STDEV bands...
If Volume is less then the previous 20 intervals, Volume is gray. If Volume is greater then the previous 40 intervals, Volume is black. If Volume is less then the previous 2 intervals, Volume is purple. If Volume is less then the previous, Volume is red. If Volume is greater then the previous, Volume is blue. Other - white. You can add on the indicator a...
Hersheys Volume Pressure gives you very nice confirmation of trend starts and stops using volume and price. For up bars... If you have a large price change with low volume , that's very bullish . If you have a small price change with low volume , that's bullish . For down bars... If you have a large price change with low volume , that's very bearish . If...
Hersheys Volume Pressure gives you very nice confirmation of trend starts and stops using volume and price. For up bars... If you have a large price range with low volume, that's very bullish. If you have a small price range with low volume, that's bullish. For down bars... If you have a large price range with low volume, that's very bearish. If you have a small...
This is a tool, shows the volume variation % strength related to the X past candles. The current candle is shown in real time, until candle closes. The visualization of the candle time to close is a thin line, that is 100% for all past candles and slowly goes up for the current candle. Best with an example: with a 4h candle, 1 hour has wasted already. This is...
**You must enable bar colors in the options for the script if you wish to see them** This indicator is very useful for spotting trends / tops / bottoms. This is the ultimate altcoin pump spotting tool. Use on higher timeframes for greatest accuracy. If altcoin is newish (ZEC for example), try 4h rather than 1D or 3D. Green = Uptrend Red = Downtrend Gray =...
This volume indicator gives you a unique perspective and ability to analyze volume in any market. The upper line that is always >=0 represents average up volume over a user definable period while the lower line that is always <= 0 represents the average down volume over a user definable period. green == bullish candle but volume lower than average lime ==...
With the same idea of the VPSA i make the VPSA2 to make Heiken Ashi style synthetic graph of the price and the volume effect, its easy to see the volume trends. Each instrument have a more clear time frame to see the volume patterns. I see very useful like a secondary analysis layer. in the graph show the same RSI with price and VPSA2 like source. Can use...
With the same idea of the VSA i make the VPSA to make synthetic graph of the price and the volume effect, its easy to see the volume trends. Each instrument have a more clear time frame to see the volume patterns. Can use others indicators over the VPSA, only write in CAPITAL letters open, high, low, close or hl2 at inputs section.
The colour bars: Green: Price up - Volume > 2 x STD of last 21 bars Blue: Price up - Volume > 1 x STD of last 21 bars Maroon: Price down - Volume > 2 x STD of last 21 bars Purple: Price down - Volume > 1 x STD of last 21 bars Grey: not high volume bar Green line: 2 bar sma Red line: 8 period sma of the greenline Bollinger band: 55 period sma of the 21 period sma...
The colour bars: Green: Price up - Volume > 2 x STD of last 21 bars Blue: Price up - Volume > 1 x STD of last 21 bars Maroon: Price down - Volume > 2 x STD of last 21 bars Purple: Price down - Volume > 1 x STD of last 21 bars Grey: not high volume bar Green line: 2 bar sma Red line: 8 period sma of the greenline Bollinger band: 55 period sma of the 21 period sma...