Greetings Traders, I am thrilled to introduce a game-changing tool that I've passionately developed to enhance your trading precision – the Normalized Fisher Transformed Volume indicator. Let's dive into the specifics and explore how this tool can empower you in the markets. Unlocking Trading Precision: Normalization and Transformation: Normalize raw volume...
bar’s open price (open) from its close price (close). That gives the size of the bar’s body. The difference between the open and closed is the candle’s body range. The colour of a candle’s body shows the direction of prices. if Close > Open then it's Bullish Body Candle & if close < open then it's Bearish Body Candle. Stronger the interest of buyers or sellers...
This is volume indicator that can help you identify either the volume is increasing or decreasing gradually. The color based on the previous volume price. The bigger the volume from the previous, it will show bull color (white) and vice versa bear color (blue). The example of the indicator volume as shown above. Feel free to used it. Thank you!
Inspired by Mark Minervini's sell rules in "Think and Trade Like a Champion". Used to determine if a stock is behaving well after a breakout Used to determine when it might by prudent to reduce a position or sell Used as a visual aid, but based purely off price and volume action Here's a breakdown of what each condition checks for: Up Close Counter:...
Description: The ASFX Signals Indicator, created by OmegaTools, is an open-source Pine Script™ code designed to provide traders with valuable signals for potential entry and exit points in the market. This script incorporates a combination of Exponential Moving Average (EMA) signals and Volume Weighted Average Price (VWAP) confluence, enhancing the precision of...
💎 GENERAL OVERVIEW Introducing a groundbreaking support and resistance indicator designed to revolutionize your trading experience on TradingView! This innovative tool operates across three distinct timeframes, offering a comprehensive view of market dynamics to help you make informed trading decisions. The indicator offers a large variety of features : ...
🎲 Introducing Zigzag Tails Indicator by Trendoscope. The Zigzag Tails Indicator, a groundbreaking tool from Trendoscope, redefines technical analysis by seamlessly integrating anchored VWAPs (Volume Weighted Average Prices) and Average Price calculations with Zigzag pivot points. This advanced indicator recalculates Average Price or VWAP from one Zigzag pivot...
High Volume Candles Indicator: This is a simple tool that shows you when there's a lot of action in the market. It highlights the candles with the highest trading volume on your chart. What It Does: Picks the Busiest Candle: It points out the candle with the most trading in your set time. Shows Buying and Selling: Green for lots of buying, red for lots of...
█ Overview The Liquidation Volume (Zeiierman) indicator highlights real-time long and short liquidations across all timeframes on TradingView. The indicator assists traders in identifying potential liquidation points in the market based on volume and price movements. Liquidation, in this context, refers to the forced closure of a trader's position due to...
The indicator "Price Volume Harmony Indicator " (abbreviated as PVHI) combines relative volume intensity (RVI) and relative price change (PC) to identify potential synergy or divergence between price and volume movements. Let's break down the key components and discuss how to interpret the output: Relative Volume Intensity (RVI): It calculates the mean volume...
***NOTE THE VOLUME OSCILATOR PROVIDED AT THE BOTTOM IS FOR COMPARSION AND IS NOT PART OF THE INDICATOR**** This indicator provides a comprehensive and a nuanced representation of volume relative to historical volume. The indicator aims to provide insights into the relative intensity of trading volume compared to historical data. It calculates two types of...
This is an idea taken from a John Bollinger (of Bollinger Bands fame) talk. Instead of showing volume with a moving average overlay, we show volume relative to its moving average: avgVolume = sma(volume, 10) // several configurable MAs allowed relativeVolume = volume / avgVolume Now if we get a value of 1, that means the current volume is the same as its...
This indicator attempts to calculate potential points of imbalance and equilibrium based on VWAPs and modified moving averages. The idea is to determine if there has been a change in volume and perform the calculation from that point It uses the standard deviation to determine the significant imbalance threshold. Candles with bullish imbalances are highlighted in...
The volume of all major exchanges, including: Bitfinex, Coinbase, Bitstamp, Bitmex, Kraken, Binance, Bithumb, Flyer, and OkEx
This indicator can detect outliers in trading volume using the 1.5 IQR rule or the outlier formula. The outlier formula designates outliers based on upper and lower boundaries. Any value that is 1.5 times the Interquartile Range (IQR) greater than the third quartile is designated as an outlier. The indicator computes the Q3 (75th percentile) and Q1 (25th...
Description The Fourier Smoothed Volume Zone Oscillator (FSVZO) is an implementation of the Discrete Fourier Transform in a Volume Zone Oscillator. Its purpose is to smooth price data and reduce noise to provide a more clear and accurate indication of price movement. This indicator also includes additional EMA smoothing to accurately depict reversals. Discrete...
This is about stocks, which I always analyze. Figure this out by looking at what the code calls ta.secutity. This indicator plots the highest value of the ratio of total volume to individual volume for the stock you are analyzing, and the histogram tumbles to red when the stock changes in that value. The changed value is plotted as a label above that histogram. By...
The Fear and Greed Oscillator is a dynamic tool designed to gauge market sentiment by analyzing various components such as volatility, momentum, and volume. This indicator synthesizes multiple metrics to provide a singular view of market emotion, oscillating between fear and greed. 🔷 Calculation - The oscillator integrates the following components, each...