◊ Introduction Introducing VRMI in this script, an RMI based on price movement and volume, to indicate bullish and bearish trends. This script marks the background depending on RMI <> VRMI , VRMI polarity and large buy/sell sprees. ◊ Origin Based on 'The Relative Momentum Index' by Roger Altman : February, 1993 issue of Technical Analysis of Stocks &...
This is an experimental study designed to identify the underlying trend bias and volatility of an instrument over any custom interval TradingView supports. First, reset points are established at points where the opening price of the interval changes. Next, Volume Weighted Average Price (VWAP) is calculated. It is the cumulative sum of typical price times volume...
EXPERIMENTAL: this script is very crude and prone to errors.. Request for: FibTrader instead of a POC line theres a POC area instead, since the script is checking a price area range for the frequency, its possible to average the values but this works as well.
◊ Introduction This is a simple volume script, colored in the CMYK theme. Cropping occurs when VOLUME > 5 * EMA, and is Shown with a transparant bar across the screen. This way, large volume peaks don't influence scaling anymore. ◊ Adjustments CMYK color theme applied. Crops volume peaks, to preserve scaling. ◊ Usage Indicates Volume ◊ Future...
◊ Introduction This is a simple volume script, colored in the CMYK theme. ◊ Adjustments CMYK color theme applied. ◊ Usage Indicates Volume ◊ Future Prospects None ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ CMYK SCRIPTS ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊...
◊ Introduction I started using this script because of its fast reaction, and good tell for buy/sell moments. For larger timescales, the overall trend should be taken into account regarding the levels. In the future i will update this indicator, to automatically adjust those. This is the Overlay expansion of the Indicator Linked below. ◊ Origin The...
◊ Introduction This script is intended do display High and Low values, alongside Highest and Lowest of an adjustable period ◊ Adjustments CMYK color theme applied. Price color changes if EMA >< EMA ◊ Usage For those who use Line, Break, or Area Type Charts. Usefull to quickly display proper levels for buying selling on minute-term trading ◊ Future...
Volume substitute for those who prefer to use the XBT ticker. Renko on a small time scale is a good option, but lacks wicks. Can be used as a non-overlay indicator by detaching. Differences are more visible on large time scales, or on Renko. Possible future changes: Make the columns more volatile Change column color based on previous column's value ...
Candles are coloured based on relative price and volume: - If today’s closing price and volume are greater than (n) bars ago, color today’s volume bar green. - If today’s closing price is greater than (n) bars ago but volume is not, color today’s volume bar lime. - Similarly, if today’s closing price and volume is less than (n) bars ago, color today’s volume...
This is an edit to an existing script. Original credits to pigloo and Ivturner for the slight tweak. What's been changed: This version allows Bitfinex $BTC longs/shorts to be viewed on any chart. It can be helpful when trading alts to find out why price is fluctuating. I've added a price tracker that will show you BFX's BTCUSD value if you have...
This script uses cumulative volume and the opening / closing price of the current bar to determine potential shifts in trend. Potential long positions are identified by the green squares, short positions by the maroon squares and the blue squares indicate insufficient data. A custom alert can also be added on the indicator window to notify you of an impending shift.
A very simple indicator to show the change of longs between the previous period and the current period on bitfinex, this works for any margin pair on Bitfinex but can also be locked to BITFINEX:BTCUSD, works hand in hand with my "Longs Change" indicator
A very simple indicator to show the change of longs between the previous period and the current period on bitfinex, this works for any margin pair on Bitfinex but can also be locked to BITFINEX:BTCUSD, works hand in hand with my "Shorts Change" indicator
This script identifies volume spikes as a percentage change of the current bar's volume compared to the previous 3 bars' average volume.