Regular OBV bothers me because it doesn't consider the candle body size. In the example here above you can see the regular OBV at the bottom and how it just moves sharply down because the price closed just below the open price, if it would have closed just above the open price it would have moved up by the same amount. To me it shouldn't be that way. This is why i...
Non overlay indicator for BTCUSDLONGS and BTCUSDSHORTS + delta
In development. Will contain over a dozen of the most popular indicators in one script. Save on your indicator space and keep extra slots open for other stuff!
Often before the marked falls, the volume is decreasing, so I make indicator which shows volume change. It is made of RMA of Volume. Часто перед тем, как рынок падает, в нем значительно уменьшаются объемы. Для отслеживания этих закономерностей я создал этот индикатор - по сути он обрабатывает RMA от объема. Если он на локальном минимуме, вероятен пролив.
Implementation of Volume Price Confirmation Indicator with an added Zero Lag VPCI inspired by ZLEMA from Ehlers. It also supports a Fisher mode that can show interesting signals. Based on docs.mta.org Addendum (from the author): "At the time, I believed a falling trend and falling VPCI was bearish, it is in fact a bullish indication." "I also may have stated a...
This indicator attempts to detect moments of abnormal and accelerating increase in volume. Because pumps happen over short time frames, this script is potentially better used on smaller timeframes (1 - 15 minutes). It takes two inputs: The length of the lookback for the volume rate of change (vroc) calculation (default=20), and The threshold over which a pump...
Simple idea to mesure how much volume it take to change price. Presumably, if it is getting cheaper the trend will continue. And vise versa.
Calculate price (in terms of volume) of price change. Take average of this. How to interpret: - if line goes up it presumably indicate the resistance to move in the given direction - if line goes down it presumably indicate no resistance to move in the given direction