Hi Everyone!
It's time to make this indicator public to relieve myself of replying to requests for access. There has been an update to this indicator; in which a Stochastic RSI was added to this indicator. Please follow the directions to SETUP the indicator in the SETUP VIDEO provided below.
Phoenix Ascending 2.201 and Bollinger Bands Setup Video.
The...
Wyckoff's theory t is one of the most influential theories of market expression, and the most important components of which are lateral movement areas and trends. This theory turns the graph into something like Dots and lines (stations and paths).
After getting acquainted with Wyckoff's theory, I read several books on the subject, hoping that they could help me...
I have the ambition to create a ‘landscape’ which enables the user to see the ‘mood’ of the market about the price of an instrument, simply by looking where the candles go. Prices are a simple phenomenon , they go up or down or stay the same. This is represented quite well for the short term by a candle. I recommend to study candle patterns. Prices not only...
(Google translation from Russian.)
This indicator shows the effectiveness of selling or buying.
It is calculated as follows: using percentrank, the volume and the value of the spread are estimated (momentum = 1)
the resulting estimate of the volume value is divided by the estimate of the spread (momentum = 1) and thus we obtain the value. The larger it is, the...
This indicator is a modified (Multi Timeframe) version of the Phoenix Ascending that you can find between the @WyckoffMode scripts and it follows the same rules at the moment of the pubblication.
A special thanks to @Neuromantic that did a great part of the MTF coding and to @HedgeMode for the "real-time" idea to make the ongoing candle visibly different...
Accumulation/Distribution explains when the big players buy or sell, according to Wyckoff.
I added some colors to make it more visibly, to get a hint when (not) to invest.
A/D is a lagging indicator.
When the MA is above A/D line, this should reflect distribution time, and big players are selling.
The oppsite is when MA is below the A/D line, then this should be...
RedK EVEREX is an experimental indicator that explores "Volume Price Analysis" basic concepts and Wyckoff law "Effort versus Result" - by inspecting the relative volume (effort) and the associated (relative) price action (result) for each bar - showing the analysis as an easy to read "stacked bands" visual. From that analysis, we calculate a "Relative Rate of...
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...
This is a MTF heatmap companion for the Phoenix Ascending indicator by WyckoffMode. It aims to make MTF analysis easier at a quick glance.
The row headings are color coordinated for easy visual recognition.
Volume Spread Analysis (VSA) is a methodology used in trading and investing to analyze the relationship between volume, price spread, and price movement in financial markets. It was developed by Richard Wyckoff, a prominent trader and market observer.
The core principle of VSA is that changes in volume can provide insights into the strength or weakness of price...
Somehow, I deleted version 5 of the zigzag script. Same name. I have added some older notes describing how the Weis Wave works.
I have also changed the date restriction that stopped the script from working after Dec 31, 2022.
What you see here is the Weis zigzag wave plotted directly on the price chart. This script is the companion to the Weis cumulative wave...
This indicator is based on on-chain data developed exclusively for Bitcoin
This indicator measures the ratio of Hodlers' assets to Retails' assets based on the On-chain data of Intotheblock platform (you can find it on Sources). This is consistent with Wyckoff's theory of accumulation and distribution. At the top of the market, Hodlers have sold most of their...
This idea has been in my mind for a while. We all know how important volume is to technical analysis but volume and price itself doesn't mean much when volatility and momentum of the current trend is not taken into account. With this oscillator we try to combine all these factors into one indicator and provide a simplified interpretation of this relationship with...
Key notes are that this indicators markets the High and Low of the previous day, week month and quarter. It also marks the open of the day, week, month and quarter. These are levels that can be important areas to take trades towards and away from.
It includes additional features some may wish to use that I've included for your convenience that I don't personally...
█ OVERVIEW
This script shows when buyers are in a rush to buy and when sellers are in a rush to sell
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█ CONCEPTS
Prophet Mohamed Peace be upon Him once said something similar to this "It is not advisable to trade if you do not know the
Volume".
In his book "The Day Trader's Bible -...
Column XO is an indicator in Prashant Shah's book Trading The Markets The Point & Figure Way. It counts a number of Xs and Os in every column for the long period. Then, the result is divided by the number of columns which is set by length.
This indicator is designed to identify changes in volatility and works well with Wyckoff's Law of Cause and Effect. The...
This indicator was introduced by Larry Williams in 2007 and is very similar to the well known OBV indicator.
As such, it should be examined for convergence and divergence with the price trend. The interpretation can be done using the Wyckoff principles.
* Price rises, POIV stays behind => no subsequent demand
* Price meets resistance, POIV reaches new highs =>...
![BTCUSDTPERP: [Dipiers] Phoenix MTF v2.1](https://s3.tradingview.com/4/4j1x9VAx_mid.png "[Dipiers] Phoenix MTF v2.1")
![XRPUSDT: Filtered Volume Profile [ChartPrime]](https://s3.tradingview.com/e/EPciWdx9_mid.png "Filtered Volume Profile [ChartPrime]")
