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...
This study is an optimized version of Bollinger Bands based on volume weighted data points: more volume on a bar gives those prices a higher impact. FHX bands base on the assumptions of auction market theory (e.g., as does volume profiling). Bollinger Bands implicitly assume a uniform probability mass function for data points and consider only the - somewhat...
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...
CoCo Volume shows you volume movement of your symbol after subtracting the movement from another symbol, preferrably the sector or market the stock belongs to.
My latest update to my CoCoVolume Indicator. It calculates today's volume percent over the 60 period average for both your symbol and index, and displays that difference. If the percent is over the max it...
Here is a solution to find entry points to trade. This indicator highlights price sections with low choppiness, where both the ADX (Average Directional Index) indicator shows strong movement (up or down!) in the price and a customized Money Flow indicator (which uses only the change of the volume not the change of the price, hence a Volume Flow indicator), also...
This simple but powerful indicator takes the volume changes from another symbol and removes them from your symbol, so you can compare stock/market or stock/sector or sector/market relationships.
When used together with Hersheys CoCo Bars, you get a very unique view of what's going on!
Good trading!
Brian Hershey
This is the Weis Volume Wave. Wave sizes are in dollars. If, for example, you want a 10 cent wave enter .100. (a 25 cent wave will be .2500) A few extra zeros will be useful. If using forex pairs then simply add the value desired. Weis often talks in wave sizes for forex such as an eighth (1/8). An eighth as a fraction is .12500 (again an extra zero or...
On Balance Volume is one of the most popular volume-based indicators and my favorite. In the absence of volume data for the IBOV I decided to construct the volume indicator and the OBV indicator based on that.
O On Balance Volume é um dos indicadores baseado em volume mais popular e o meu favorito. Na ausência de dados de volume para o IBOV resolvi construir o...
The volume data for the Brazilian indices (IBOV, IBRA, IBXL, SMLL and.t.c.) are not available on TradingView temporarily. As I find the volume indicator very important to the technical analysis, decided to create a script that came to take over the lack of this indicator on TradingView, which is a great platform but have this temporary issue. The indicator is for...
This script is an updte fix of an earlier script that stopped functioning when TradingView updated Pine script. This script plots Forex (24 hour session) VWAP, yesterday's high, low, open and close (HLOC),
the day before's HLOC -
Also plots higher timeframe 20 emas
1 minute 5, 15, 60 period 20 ema
5 minute 15, 60 period 20 ema
15 minute 60, 120 , 240...
This version replaces previous versions that stopped functioning as a result of a TradingView script update.
This script complies with the current script syntax.
for intraday securities default is 9:30 am to 4 pm Eastern Other session choices are provided in the format dialogue box.
script plots VWAP, yesterday's high, low, open and close (HLOC), the day...
Elastic Volume Weighted Moving Average (EVWMA) with Trend and Envelopes.
Original version by LazyBear, trend function by Shizaru, combination by Spreadburn.
This script calculates the volume traded per minimum tick of a scrip and is an indicator that the price move is justified by volume and trader interest
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...
![BTCCNY: [ST] obv adl combination v4](https://s3.tradingview.com/y/YQY0qdVr_mid.png "[ST] obv adl combination v4")
