The trend change detector oscillator is a tool designed to help traders identify the current trend direction paired with the potential reversal zones. The oscillator is made of multiple parts: - The colored histogram, that displays the current long-term trend direction (long if above 0, short if below) - The trend line, which shows the price in relation to the...
The "Filtered Volume Profile" is a powerful tool that offers insights into market activity. It's a technical analysis tool used to understand the behavior of financial markets. It uses a fixed range volume profile to provide a histogram representing how much volume occurred at distinct price levels. Profile in action with various significant levels displayed...
Quote of GlassNode ... The NVT Signal (NVTS) is a modified version of the original NVT Ratio. It uses a 90 day moving average of the daily transaction volume in the denominator instead of the raw daily transaction volume. This moving average improves the ratio to better function as a leading indicator. The Network Value to Transactions (NVT) Ratio is...
Truncates or caps the height of the volume bar. Many times, there is a day where the volume eclipses the recent volume and makes the rest of the volume compressed and difficult to see. This script cuts off the volume at a user defined multiple of average daily volume and places a label above and to the left showing the true volume. My one gripe is that it...
Strategy - Relative Volume Gainers Overview: This trading strategy, called "Relative Volume Gainers," is designed for Long Entry opportunities in the stock market. The strategy aims to identify potential trading candidates based on specific technical conditions, including volume, price movements, and indicator alignments. Strategy Rules: The strategy is...
This indicator is designed to visualize the volume delta, which represents the difference between buying and selling volumes during each candle period. The indicator plots custom candlesticks on the chart, with OHLC values calculated based on the volume delta. Calculations: To calculate the volume delta, the indicator first determines the buying and selling...
Volume as a Percent of Float Plot the difference between current Chart Volume as a percent of Float/Outstanding and the moving average of the same. Apply a multiplier to this value. Plot the moving average of the difference between current Chart Volume as a percent of Float/Outstanding and the moving average of the same.
█ Introduction The Price Range Volume Profile (PRVP) is a revolutionary indicator. This tool stands out from its peers due to its unique ability to capture the entire price chart history, thus providing a comprehensive volume profile of the entire asset's trading history, as available on TradingView chart. It's worth noting that I believe this tool is the...
The "Volume Delta Compare " publication shows 2 different techniques to show into-depth details of Volume, using Tick and Lower-Time-Frame (LTF) data. 🔶 USAGE Check for divergences between price and volume movement Check details (why and when a ΔV developed) Or if you want to see a lot of data stacked on each other ) 🔶 CONCEPTS 🔹 Tick...
Normalized volume-price spread analysis indicator can be helpfully tool in Tom's William metodology - VSA. The indicator use normalized data by y/x(max) operation, where x(max) is the biggest value in range. Indicator separate spread to four levels - standard divation is separator. The indicator graphically shows: - normalized volume, visualized by wide...
The Volume Delta Methods (Chart) aims at highlighting the relationship between Buying or Selling Pressure and Price by presenting Volume Delta , and multiple derivatives of volume delta such as Cumulative Volume Delta (CVD) , Buy/Sell Volume , Total Volume , etc on top of the Main Price Chart . The script uses two different intrabar (chart bars at a lower...
This Code is update version of Code Provided by @ssbukam, Here is Link to his original Code and review the Description Below is Original Description 1. When chart resolution is Daily or Intraday (D, 4H, 1H, 5min, etc), Relative Volume shows value based on DAILY. RVol is measured on daily basis to compare past N number of days. 2. When resolution is changed to...
Note: Numbers in the chart above, particularly volume, are incorrect as I didn't have extra market data at the time of publication. Default settings are set for US markets. (OVERVIEW) This indicator was made specifically for equity markets which have pre-market and after-hours trading, though can be used for any other markets without these sessions, there are...
Certainly! Here's a more concise description for the "Entoryx Volume" indicator, with less focus on the specifics of the order block bar detection: The "Entoryx Volume" is a versatile technical indicator that analyzes the relationship between price ranges and volume over a user-defined number of bars. By calculating a delta between the highest high and lowest...
This indicator allows you to identify how price changes for a given time period are sensitive to the volume. You will identify these changes as bars in the bottom of the chart. You may see the changes in bars for better understanding of price movements, identify trends. Please take trades at your own risk and discretion
Upside Downside Unchanged Volume Plot NYSE or NASDAQ Upside Volume, Downside Volume, or Unchanged Volume (e.g. UPVOL.NY, UVOL, or ADVN.NY) as a percent (values 0 to 1, where 1 = 100%) of Total Volume. Plot Day, Week, and Month volume and/or chart timeframe period volume. Plot volume as a histogram, line, or area. Plot various moving averages of volume...
The "Gradient Money Flow Divergence Detector" indicator has several use cases for traders. Let's explore the main use cases: 1. Money Flow Analysis : The primary purpose of this indicator is to analyze money flow in a particular asset. The Money Flow Index (MFI) is a momentum indicator that uses price and volume data to assess the buying and selling pressure in...