Volume Profile (also known as Price by Volume) is an charting study that displays trading activity over a specified time period at specific price levels. It is plotted as a horizontal histogram on the finacial isntrumnet's chart that highlights the trader's interest at specific price levels.
The histogram is used by traders to predict areas of support and...
Volume Profile (also known as Price by Volume ) is an charting study that displays trading activity over a specified time period at specific price levels. It is plotted as a horizontal histogram on the finacial isntrumnet's chart that highlights the trader's interest at specific price levels. Specified time period with Pivots Anchored Volume Profile is...
The Volume-Accelerated Directional Energy Ratio (VADER) makes use of price moves (displacement) and the associated volume (effort) to estimate the positive (buying) and negative (selling) "energy" behind the scenes, enabling traders to "read the market action" in more details and adjust their trading decisions accordingly.
How does VADER...
This indicator compares four different values :
-Fast Simple Moving Average(SMA)
-Fast Volume Weighted Moving Average(VWMA)
Comparing SMA's and VWMA's of the same length is a common trading tactic. Since volume is not taken into consideration when calculating Simple Moving Averages, we can gain valuable insights from the...
Weighted Harrell-Davis Quantile Estimator with Absolute Deviation Fences.
The Following indicator/code IS NOT intended to be a formal investment advice or recommendation by the author, nor should be construed as such. Users will be fully responsible by their use regarding their own trading vehicles/assets.
RedK Volume-Weighted Directional Efficiency Index (DXF) is a momentum indicator - that builds on Kaufman's Efficiency Ratio (ER) concept.
DXF utilizes a restricted +100/-100 oscillator to represent the "quality" of a trend, and does a good job in detecting the possibility of an upcoming trend change (in both direction and quality), improving our ability to make...
Continue to experiement with VWAP and EVWMA.
It seems that just simple crosses between VWAP and EVWMA can be pretty good signals. VWAP is a bit choppy so you can use VWAP smoothing input to smoth it a bit.
Here are few other strategies based on EVWMA:
EVWMA VWAP MACD Strategy
QuantNomad - EVWMA MACD Strategy
I am reading "Investing with Volume Analysis: Identify, Follow, and Profit from Trends" by Buff Pelz Dormeier so I am going to implement all indicators that are considered there.
VW-MACD was developed by Buff Pelz Dormeier in 2000 and is based on the difference between a short-term volume-weighted moving average and a long-term volume-weighted...
Hello traders! In this script i tried to combine Kıvanç Özbilgiç's Volume Based Coloured Bars, Volume Weighted Macd V2 and Intraday Intensity Index developed by Dave Bostian and added to Tradingview by Kıvanç Özbilgiç. Let's see what we got here;
VBCB, Paints candlestick bars according to the volume of that bar. Period is 30 by default. If you're trading stocks,...
This indicator will show the swing high and lows for the number of bars back. It's very easy to use and shows good support and resistance levels.
I then took it a step further and added a moving average with all the standard types in my indicators:
I then added Bollinger Bands to show...
Here's a simple tool for determining long term trend direction using two Volume Weighted Moving Averages (VWMA). The VWMA's emphasis on volume often makes it a better measurement for trend direction than the more popular Exponential Moving Average (EMA).
Trend direction is determined by comparing a fast and slow VWMA. The default length for the fast VWMA is 50...
This is a vwap & vwma hybrid with upper & lower deviation bands that provide excellent price channels and reversal areas. It can be used on lower & higher timeframes, just increase the deviation % for higher timeframes. Try out the 1 minute timeframe with .5% deviation for great scalping levels.
Here is the calculation used for the main line.
(VWMA100 + VWMA500...
You might have heard that simple moving average barks twice, then you will also notice that volume weighted moving average is even more horrible.
Thanks to Trading View all I had to do was to replace SMA function with EMA.
VWEMA can be used as an adaptive moving average or even an alternative to VWAP.
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
Price Pattern Analysis is the core of trading. But price patterns often fails.
VRAI (Volume Risk Avoidance Indicator) shows Volume Pressure, so that you can avoid volume-based risks.
For example, never short when you see green (buying pressure). Never long when you see red (selling pressure).
You still need to pick good price patterns, because the...
This is a fairly self-contained system based upon a moving average crossover with several unique features. The most significant of these is the adjustable volume weighting system, allowing for transformations between standard and weighted versions of each included MA. With this feature it is possible to apply partial weighting which can help to...
The concept of windowing was briefly introduced in the Blackman filter post, however windowing is more than just some window functions, and isn't exclusively used in filter design.
Today we will use windowing with the volume weighted moving average, a moving average that weight the price with volume in order to be more reactive when volume is high,...
Applying a window to the filter weights provides sometimes extra control over the characteristics of the filter.In this script an hamming window is applied to the volume before being used as a weight.In general this process smooth the frequency response of a filter.
Lets compare the classic vwma with hamming windowed vwma
Something i noticed is that windowed...