A simple indicator that shows volume expansion and contraction of a trend through colorization of the candles. It indicates the underlying volume support of a trend. This indicator might come in handy for any Elliott Wave analyst trying to incorporate volume into his analysis.
Welcome to Maat LOW HIGH Order Maat LOW HIGH Order is an oscillator based on volume weighted RSI and it can show local lows quite nicely (green arrows). The red arrows can indicate a local overbought area and can be uses as a sell or take profit signal. The length of the arrow is defined by the time frame. Highest time frame -> longest arrow. Arrows can also...
This is a straightforward combination of indicators including up to 5 EMA's, VWAP and 2 Hull Moving Averages.
Originally written by @ceyhun I added a low lag filter to key components to smooth the bars. The user can adjust the parameters 'fast' and 'slow' to tune. capam The original comments of ceyhun are below repeated: Buying Selling Volume -Buy Volume -Sell Volume -Buy Volume Percent % -Sell Volume Percent % -Volume Index -Buy Sell...
Level: 2 Background Swing trading is a type of trading aimed at making short to medium term profits from a trading pair over a period of a few days to several weeks. Swing traders mainly use technical analysis to look for trading opportunities. In addition to analyzing price trends and patterns, these traders can also use fundamental analysis. Function L2...
This indicator marks what is known as the BB system - Marks on your chart the premarket high and low, current intraday high and low and yesterday's high and low. For the style of the line you can only change the colour, if you make the line a different style it shouldn't show up because if it did it makes the lines ugly. Pick and select which levels you would...
i have tweaked the algorithm to use the difference in MACD to get the correct direction of entries rather than using direction of candles which are not always indicative of trend direction. These changes increase net profit, profitable trades, while reducing drawdown. What is going on here? This strategy is pretty simple. We start by measuring a very long chunk...
Hello Traders! This simple but yet efficient indicator view presents the Volume with the following benefits: 1. both buyer and seller volume are shown separately and above zero line, this way its possible to see which side is dominant; 2. both buyer and seller volume are shown separately, with buyers above the zero line and sellers bellow the zero line. The...
The strategy contains Bearish and Bullish Engulfing trend reverse alerts with entry and closure notifications. Entries are enforced by Directional Movement Index (DMI) indicator levels combination. The strategy can be applied to spot, futures and marginal trading exchanges. It is suitable for both long and short positions and works accurately with BTC, USDT, ETH...
For Educational Purposes. Results can differ on different markets and can fail at any time. Profit is not guaranteed. This only works in a few markets and in certain situations. Changing the settings can give better or worse results for other markets. This is a mean reversion strategy based on Bollinger Bands and the Intraday Intensity Index (a volume indicator)....
Kalakar trader's Tools is the tool where Buy and sell signals generates automatically according to the candles behavior. It automatically made trend line It as build in moving average also It uses WD Gann Levels to calculate entry point with the help of VWAP . Pivot points determines the recent support and resistance levels. Trading rule for this...
The script, for Pine Script version 3, 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. This is slower than version 4 because there is no "var" and you need to use a loop. Also, you can't use "sum( volume , cnt_new_day)" with a...
The script combines Squeeze Momentum and Directional Movement Index (DMI) confirmation. It provides long and short entry and closure daily trade signals, suitable for Spot, Marginal and Futures exchanges The strategy components are customizable: Change risk management settings (take profit, stop loss, trailing) Change signals filters Enable TrueRange or...
First of all, the idea of apply RSI to VWAP was inspired by XaviZ; at least, that where I first saw that. I simply applied the idea and searched for apply this on lower timeframe (M15) to increase the number of positions and improve the profit factor. The conditions to enter are the same : long : enter on RSI crossover oversold level short : enter on RSI...
Volume based script to catch a big move. Works best on 5 min timeframe. Long buy at high / Short sell at low of the candle where the script gives the signal. Important note regarding SL - for Long / Short positions respectively, the SL should be placed at low / high of previous candle, and NOT of the same candle.
Liquidation Levels in real-time with editable calculation base This indicator plots these Liquidation Levels: - 100X - 50X - 25X - 20X - 10X Calculation methods: - VWAP (default) - WMA - VWMA - EMA - ZeroLag EMA - DEMA - TEMA - SMA - Smooth SMA - Hull MA - Triangular MA - SuperSmooth MA - Blackman Filter - RMA
This indicator shows the combined volume of an entire currency from the majors and crosses. So if you chose USD you get the combined volume of audusd, nzdusd, usdjpy, usdchf, eurusd, gbpusd, usdcad... I made it to see if it would reveal where orders where flowing or perhaps where turning points were etc. There's an example below of how I was trying to use it....
An indicator that determines the breakout of the standard deviation of volume over a certain period.