This indicator tracks the reward rate of Bitcoin miners. In general, as the price of bitcoin increases, the difficulty of mining and the transfer fee increase. Therefore, miners will need an index that they can refer to when selling stably mined bitcoins. This indicator indicates when miners are focused on mining and when it is effective to sell. How to use...
This indicator shows a better view of Volume by splitting it into Buying and Selling Volume. This allows you to see are the bulls or bears in-control in relation to the overall Volume.
This script brings together Price (blue), Volume (red) in form of adjusted ADL (including gaps) and every ADL candle is split into Buying Volume ADL (green line) and Selling Volume ADL (magenta). Fundamentally there are a few cases here: - ADL action normally precedes price action when it corresponds with buying/selling power positions (higher or lower) - when...
Script Components - Volume Weighted Averages (Daily, Weekly, Monthly and Yearly) - Price bands created with Standard Deviation - ALMA Indicator - Automatic Trend Lines How to use : * The script has been written to work properly in all time periods. It is more appropriate to use visually in periods of 4 hours or less. * First of all, it should be checked whether...
This oscillator uses OBV and real price (close) together with RSI and moving average to find sell and buy opportunities for cryptocurrencies. Green background means buy zone and red background show sell zone. This oscillator is a part of @bituniversity free tools. Happy trading.
A trader introduced the relative volume to me; I like the concept but its presentation doesn't fit my "visual" taste. What I did was to color the relative volume bar based on the relationship among (1) hull moving average of the close (2) close vs. open and (3) the relative volume bar reading. Red -> bearish price action with a lot of volume Green -> bullish...
This is a script that I've been using for some time, which covers Volume for me. It shows the total volumes in typical Column format, however this script attempts to suss out the details of WHERE that volume went (buying or selling), how EFFECTIVE that volume was at moving the price, and finally a COMPARISON of Buy vs. Sell volume MA's showing us the average...
This is combo strategies for get a cumulative signal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The strategy buys at market, if close price is higher than the previous close during 2 days and the meaning of 9-days Stochastic Slow...
The Money Flow Index (MFI) is a momentum indicator that measures the flow of money into and out of a security over a specified period of time. It is related to the Relative Strength Index (RSI) but incorporates volume, whereas the RSI only considers price. The MFI is calculated by accumulating positive and negative Money Flow values (see Money Flow), then creating...
Volume Buzz/Volume Run Rate as seen on TC2000 and MarketSmith respectively. Basically, the volume buzz tells you what percentage over average(100 time period moving average) the volume traded was. You can use this indicator to more readily identify above-average trading volume and accumulation days on charts. The percentage will show up in the top left corner,...
Cumulative Delta Volume is one of the key analysis in figuring out the Volume Price Action dependencies Its very Intuitive in nature, The below image shows how it is computed! Enjoy
This indicator plot estimated Up volume and Down volume. Adjust colors to the default volume indicator.
I had searched for a proper indicator to recognize important impulses, so I just need to take a look at the indicator to quickly find them on the chart. Alexander Elder's Force is the answer, although I made a few changes to the design. First, I found more accuracy using Hull Moving Average. It steers faster making sudden spikes even more visible. Second, it is...
The purpose of this script is to determine the response of trading volume to price action This is not an indicator but a set of four signals 1 - Bullish Strength Signal (Upward Green Triangle) : If the resistance is broken at the same time is valid this signal indicates the continuation of the bullish trend the trading volume is relatively...
AZ Capital Lite 2.0 is the Updated Version of our Previous Lite Version of our trading algorithm/indicator. This algorithm is once again based on different indicators such as RSI and a combination of MA's along with ATR. Custom values that provide assistance to our PRO trading algorithm helping concluding analysis and finalising a trade even better. AZ...
This indicator can gives an alert when a candle purges a 3- or 4-candle swing high but closes below it (1). It can also give an alert when a candle closes below the last 3- or 4-candle swing low prior to the sweep (2). How to: 1. Add indicator to chart chart of your desired timeframe 2. Right click indicator and "add alert 3. Decide the conditions for when you to...
This indicator can gives an alert when a candle purges a 3- or 4-candle swing low but closes above it (1). It can also give an alert when a candle closes above the last 3- or 4-candle swing high prior to the sweep (2). How to: 1. Add indicator to chart chart of your desired timeframe 2. Right click indicator and "add alert 3. Decide the conditions for when you to...
This indicator is put in place to help you identify the 3 market phases. Consolidation can be indicated by either dots or color coded candlesticks . You can use both. Consolidation zones are represented by the dotted lines. A green arrow indicates a buy signal. A red arrow indicates a sell signal. Theme allows you to change the color of the background to...