The On Balance Volume Reflex Indicator was developed by Fred Purifoy (Stocks & Commodities V 6:4 142-144) and it is similar in calculation to the On Balance Volume indicator but uses a lookback period for the change comparisons. Buy when the OVR is above the signal and sell when it falls below the signal. I have included my On Balance Volume Modified Indicator to...
I have seen a few RVOL scripts floating around out there, but when creating alerts, the parameters have not been labeled clearly that makes it easy to say: "Alert me when RVOL crosses up my Treshold." Look no further than my retooled version that clearly separates the two data series by color and label. Enjoy!
Simple Volume indicator. showing rounded ratio of Current volume and simple moving average as xSMA (read as times SMA). Quick metric to understand the impact of volume in trends, etc. Example: if Vol = 50 and SMA = 5 xSMA = 50/5 = 10 Indicated as the Third Number in Volume label.
█ OVERVIEW This indicator displays volume delta information calculated with intrabar inspection on historical bars, and feed updates when running in realtime. It is designed to run in a pane and can display either stacked buy/sell volume columns or a signal line which can be calculated and displayed in many different ways. Five different models are offered...
New daily infections (daily change) of COVID-19. The chart shows new daily cases across the entire planet, the US, EU (de+fr+it+es only) and a small country (RO) that does not matter to anybody but me. You can show/hide different country in Settings. Select "COVID-19: CONFIRMED" data in main chart and add the indicator.
Here is a smoothed version of the classic OBV indicator with a signal line. You can use it to look for signal line crossovers and divergences. The signal line is a 10-day EMA of the OBVM line. Typically, the signal line can vary from 10 to 50. This was just published by Vitali Apirine in the latest issue of Stocks & Commodities (April 2020) p22-25 Please let me...
OBV indicator with a few key changes that can turn it into a filter or trading indicator as-is. Volume calculation given a look-back to help clarify trends without smoothing lag Change the source (HLC3 indicates a little faster in backtesting) Smooth the signal if desired Moving average (MA) added for crossover indication in trend change MA can be either...
Volume normally has 1 Moving Average (standard orange coloured) This script gives 1 extra Moving Average (default blue coloured) BOTH MA can be shown with Multi Time Frames, based on the most excellent work of "PineCoders" (MTF Selection Framework functions)! This can provide more insights, also the crossovers can be interesting! So, default there are 2...
The idea with On-balance volume (OBV) is to see price movement based on volume instead of the distance between the open and close of a candle. This can be used to find the relationship between volume and price action much easier than normal volume bars. This version spices the OBV up a bit by basing it off of the current and previous close of the Heikin Ashi of...
VOLUME PROFILE INDICATOR v0.5 beta Volume Profile is suitable for day and swing trading on stock and futures markets, is a volume based indicator that gives you 6 key values for each session: POC, VAH, VAL, profile HIGH, LOW and MID levels. This project was born on the idea of plotting the RTH sessions Value Areas for /ES in an automated way, but you can select...
Calculation of average volume at current time for a number of previous sessions, known as Average Volume at Time (AVAT). Inputs: * period to use for accumulation. "D" is the default value, useful to view data for each session. * number of previous sessions to average TODO: more intelligent accumulation of number of bars in a session, since there may be sessions...
The script shows how to accumulate volume values during a defined session/period. The input is the period to use for accumulation. "D" is the default value, useful to view data for each session.
The strategy checks nature of the instruments. It Buys if the close is greater than yesterday's high, reverse the position if the close is lower than yesterday's low and repeat the process. 1. If it is trend following then the equity curve will be in uptrend 2. If it is mean reverting then the equity curve will be downtrend Thanks to Rayner Teo.
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
Description: Whale: Whale utilizing discounted prices (increasing on-chain volume & decreasing price) Recovering: Positive momentum in price after potential whale activity Cycle Volume Support: The transaction volume support during a cycle What’s the best time to invest? After institutions make up their mind at low price levels. How’s on-chain volume related...
an underlying asset. It is determined by the changes in price and volume. The volume acts as a weighting coefficient at the change of price — the higher the coefficient (the volume) is the greater the contribution of the price change (for this period of time) will be in the value of the indicator. The indicator is also known as Accumulation / Distribution...
This indicator colors volume bars that are significantly higher volume than the vol moving average ( SMA ). Utilizes two multiplier that can be adjusted by user. Defaults are that the indicator colors volume bars yellow if 20% higher than average, and orange if over 50% higher than average. Reason why i created this indicator is i typically don't care about...