Displays BitFinex longs and shorts on your chart in the same was as if you add them by using TradingView's "compare" function - major advantage is that this works for all pairs that BitFinex supports without having to manually set up your chart each time.
Modulates (multiplies) 40 securities Useful for assessing breadth Defaults with the Top 40 holdings in SPX Change symbols to measure breadth in an ETF
I decided to make this formerly invite only script public (you can find the invite only version here If you are part of the invite only you don't need to change scripts. I will push improvements first on the invite only script but in time it will come to this version as well. I would love to know your ideas and thoughts on how this indicator can be improved, so...
The script applies an EMA to OBV . By default, the EMA=13 periods. All calculations are based off the closing price.
The Arms index (TRIN) is a technical analysis indicator that compares advancing and declining stock issues and trading volume as an indicator of overall market sentiment. It measures the relationship between market supply and demand and is used as a predictor of future price movements in the market, primarily on an intraday basis. The Arms index seeks to...
The Arms index (TRIN) is a technical analysis indicator that compares advancing and declining stock issues and trading volume as an indicator of overall market sentiment. It measures the relationship between market supply and demand and is used as a predictor of future price movements in the market, primarily on an intraday basis. The Arms index seeks to...
The Advancing-Declining Volume Line (AD Volume Line) is a breadth indicator based on Net Advancing Volume, which is the volume of advancing stocks less the volume of declining stocks. Net Advancing Volume is positive when advancing volume exceeds declining volume and negative when declining volume exceeds advancing volume. The AD Volume Line is a...
The Arms index (TRIN) is a technical analysis indicator that compares advancing and declining stock issues and trading volume as an indicator of overall market sentiment. It measures the relationship between market supply and demand and is used as a predictor of future price movements in the market, primarily on an intraday basis. The Arms index seeks to...
modified equation using sum of volume*hlc3*(close-open)/(high-low) to give more accuracy of distribution within a single candle unlike regular obv.
OBV takes difference between old close and new close and multiplies by volume without considering high and low. This assigns the entire volume into a single direction even tho movement could've been in both. Accum/dist takes difference between close and high and low without considering previous close or open. This causes huge deviation from OBV when you have...
OBV takes difference between old close and new close and multiplies by volume without considering high and low. This assigns the entire volume into a single direction even tho movement could've been in both. Accum/dist takes difference between close and high and low without considering previous close or open. This causes huge deviation from OBV when you have...
This script shows the London and NY Sessions on your chart. Decided to publish it on demand for user yuan642 :D. Maybe other users may find it helpful. Looking back on charts it can help to spot certain moves or patterns around certain Session open when high volumes enter the markets.
Shows agreement or disagreement between the direction of the the price and the on-balance volume. When they disagree, the price is supposed to follow the OBV (or so they say.)
First, look at the chart, then read. Use OBV/Price to see a price adjusted by 'On Balance Volume' - (OBV), a momentum indicator that measures positive and negative volume flow, was developed by Joseph Granville and introduced in 1963. The indicator, together with trend lines, provides good entry/ exit points. In the chart note the exit point before the...