This is a script for a view I wanted to go along with the Autoview plugin I bought. Keep in mind this is my first script and was created for me to learn the Pinescript framework. This isn't meant to be perfect. Indicator colors are usually blue or green or red. Also keep in mind since this is my first script in a new framework, the more stuff I build the better...
Divs and candle alignment a little easier to see - volume/2 to size correctly - could still use some refining
All credits to LazyBear for his color volume bar source code
This study is an experiment built off the framework of my Dual Volume Divergence Index indicator.
It is designed to gauge polarity over multiple lookback periods of your choice by expressing the data as a two color grid.
Positive Volume Divergence and Negative Volume Divergence are calculated, and their relative values are used to gauge polarity.
The order of the...
Tracks Litecoin price variance across 6 exchanges. Code mostly stolen from Spreadeagle1's "Crypto Strength" script. Could easily be modified to track a different crypto/magic internet coin. Enjoy
This script is used to estimate how much an exchange/broker makes off a particular pair/symbol. If Coinbase(GDAX) has a 0.25% taker fee and a 0.15% maker fee per trade and you estimate the average commission fee at 0.19% then you simple input that, and how many periods you'd like to know the total fee for (30 periods on the 1 day chart = last 30 days, 28 periods...
This is the second part of TFS trading strategy. The concept of this
indicator is similar to that of On-Balance Volume indicator (OBV). It
is calculated according to these rules:
If Close > Open, Volume is positive
If Close < Open, Volume is negative
If Close = Open, Volume is neutral
Then you take the 7-day MA of the results.
WARNING:
- This script...
This is an experimental variation of Paul L. Dysart's Positive Volume Index and Negative Volume Index that tracks the divergences between the PVI and its EMA, and the NVI and its EMA, then plots both together for comparison.
This tool can be used to identify trending price activity.
This plots the exact value of the current IOTA market capital in real-time.
You can find this indicator in the public indicator library!
Search, " IOTA ".
Like and follow for more cool indicators! :)
Indicator designed for cryptotraders to understand whether if the price change is supported by the volume or not
deafult value os SMA of volume is 21 periods
which can be optimized by the user
This charts has 2 indicators
1 - Force Index
This indicator is based on Dr Alexander Elder ForceIndex indicator with relate price to volume by multiplying net change and volume.
- GREEN Bar indicates Bull is in control
- RED Bar indicates Bear is in control.
LENGTH of the bar indicate the strength of Bull or Bear.
Normally there's potential BUY if the RED bar...
![BTCUSD: Colored Volume Bars [LazyBear] with overlay](https://s3.tradingview.com/a/ah3q38Zi_mid.png "Colored Volume Bars [LazyBear] with overlay")
![BTCUSD: Volume Divergence Polarity Grid [DW]](https://s3.tradingview.com/d/DFvUoORb_mid.png "Volume Divergence Polarity Grid [DW]")
![BTCUSD: Dual Volume Divergence Index [DW]](https://s3.tradingview.com/p/p2tfpKK3_mid.png "Dual Volume Divergence Index [DW]")
![GBPUSD: Net Force Index [DW]](https://s3.tradingview.com/g/gfsQpom0_mid.png "Net Force Index [DW]")
