This indicator presents a comprehensive approach to volume analysis, incorporating several key metrics to provide traders with a detailed view of market activity. Here's what's included: 1. Cumulative Relative Volume (Intraday): This metric accumulates volume data throughout the day, comparing it to historical session averages up to the current time. It's...
Bitcoin`s NVT is calculated by dividing the Network Value (market cap) by the USD volume transmitted through the blockchain daily. Note this equivalent of the bitcoin token supply divided by the daily BTC value transmitted through the blockchain, NVT is technically inverse monetary velocity. Credits go to Willy Woo for creating the Network Value Transaction Ratio...
The Sideway indicator for TradingView is a powerful tool designed to identify periods of sideways or ranging price action in the market. With its intuitive interface and customizable parameters, traders can easily spot when an asset is consolidating, providing valuable insights for both trend-following and range-bound strategies. This indicator utilizes really...
This indicator aims at responding the question: is the current trend supported by volume? The concept and formula The central concept is the Effective Volume, calculated as follow: effectiveVolume = volume * (close - open) / (high - low) Then the Effective Volume Z-Score indicator is calculated by smoothing the effective volume and applying the z-score...
The Volume Bars Color indicator for the TradingView platform is a tool for visualizing trading volumes based on their values. It colors volume histograms on the chart according to their relative magnitude compared to the average volume and standard deviation. Features: - Volumes exceeding the average value by more than one standard deviation are considered large...
🔶 Description: This script aims providing traders with comprehensive insights into market dynamics. The indicator offers a multi-faceted approach to technical analysis, encompassing various features to enhance trading decision-making: 🔶Key Features: Money Flow Index Oscillator Settings: Users can customize the length of the MFI oscillator and the...
How Users Can Make Profit Using This Script: 1. Volume Representation : Each candle on the chart represents a specific time period (e.g., 1 minute, 1 hour, 1 day) and includes information about both price movement and trading volume during that period. 2. Candlestick Anatomy : A volume candle has the same components as a regular candlestick: the body (which...
Dear Analysts and Traders, I want to introduce my new indicator - sVPSA - standardized Volume Price Spread Analysis. For me, this script is helpfully in Technical Analysis mainly with Wyckoff and VSA methodologies. Maybe You are in circle of people who used my previous script - normalized Volume Price Spread Analysis. I work with him a lot of time, but I come to...
Hi TV Community. It's been sometime since I published any script / utility. But today, I am back with a new script. Volume Analysis Studying volume when in trade or before taking one is very important as seasoned traders would tell you. So, this script helps you to look at volume over a specific interval from current bar. You will have to set the look-back...
█ OVERVIEW Cumulative Volume Delta (CVD) is a volume-based trading indicator that provides a visual representation of market buying and selling pressure by calculating the difference in traded volumes between the two sides. It uses intrabar information to obtain more precise volume delta information than methods using only the chart's timeframe. Volume delta...
This indicator, named "Effort Versus Results" (CCB), is designed to visually highlight price bars on a TradingView chart based on user-defined criteria. The purpose of this indicator is to identify potential trading opportunities or signal areas of interest for further analysis. Once the inputs are specified, the indicator calculates the ratio of the first ATR to...
Combining the Relative Strength Index (RSI), Stochastic RSI (StochRSI), and Money Flow Index (MFI) can provide traders with a comprehensive approach to analyze market momentum, overbought/oversold conditions, and money flow. Each indicator offers unique insights, and their combination can help confirm trading signals and filter out false signals. Let's delve into...
This Pine Script indicator, titled "Volume Based S/R with EMA Crossover Signals," is designed for use on the TradingView platform and overlays on price charts to help traders identify potential buy and sell opportunities based on volume changes and EMA (Exponential Moving Average) crossovers. Let's break down its components for a detailed...
Introduction: The Trend Scope presents a cutting-edge approach to technical analysis, offering traders a distinctive perspective on market momentum through dynamic visualization. This innovative indicator harmoniously blends the momentum-based Rate of Change (RoC) with the smoothing precision of a Butterworth filter and the clarity of a Fisher Transform, all...
Introducing an Enhanced Version of the CDV by LonesomeTheBlue For the original version and description check this link: What Makes This Version Different than the original? This enhanced version of the CDV indicator incorporates advanced signal processing techniques to bring new depth to market analysis. Standard Deviation Bands and EMAs: These...
Indicator Setup: The script sets up a TradingView indicator titled "Liquidity Spotter" with a short title "PWWTC LS". It's designed to overlay on the price chart (overlay=true). Input Variables: The script defines input variables that allow users to customize the behavior of the indicator: atr_length: Length of the Average True Range (ATR) used in...
As a member of the K1m6a Lions discussion community we often use versions of the Cumulative Volume Delta indicator as one of our primary tools along with RSI, RSI Divergences, Open interest, Volume Profile, TPO and Fibonacci levels. We also discuss visual interpretations of CVD Divergences across multiple time frames much like RSI divergences. RSI Divergences...
Ideas from Brian Shannon's book "Anchored VWAP" The Multi-Day Rolling VWAP indicator for intraday timeframes allows you to track the Volume Weighted Average Price (VWAP) over multiple days, specifically for 1-day, 2-day, 3-day, 4-day, and 5-day periods. This indicator beyond the standard daily VWAP provides a broader perspective on price trends and market...