Volume Delta [hapharmonic]Volume Delta: Volume Delta is an indicator that simplifies how you analyze trading volumes and the percentage of buy-sell activities effortlessly.
As a trader or market analyst, understanding underlying volume and trade flows is critical. The Volume Delta indicator provides thorough insight into both the total volume and the percentage of buying versus selling within the current candlestick. This information is pivotal for those looking to gauge market momentum and sentiment more effectively.
Additionally, the Volume Delta indicator can plot the candlestick colors based on the percentage of the dominant buying or selling volume. The area between the open and close prices of the candlestick is considered 100% and fills with colors corresponding to the predominant volume at that percentage.
Volume Delta also integrates the concept of Net volume. This component is crucial as it reveals the real market sentiment by calculating the difference between the volume of trades executed at an uptick and those at a downtick.
🟠 Overview
This indicator now displays in two layouts. Recently, Tradingview introduced the "force_overlay=true" function in Pine Script , allowing plots to be moved to the main chart. Thus, all displays are from the same indicator.
🟠 USAGE
From the data displayed in 'plot.style_columns' , the peak area represents the entire volume, accounting for 100%. Within this area, there are two color levels indicating volume. If one type of volume, whether buying or selling, exceeds the other, the larger volume will be positioned behind and the smaller in front. This arrangement prevents the scenario where a higher buying volume obscures the smaller selling volume. Therefore, the two colors can be switched between the front and the back as needed.
As you can see, the 12 and 26-day Exponential Moving Averages (EMAs) are used, with the Volume Confirmation Length set at 6. Therefore, the crossing of the EMAs proceeds normally, but it is highlighted with three triangular arrows to indicate a high likelihood of a valid crossover. However, if the volume is insufficient, these markers won't be displayed, although the EMA crossover will still occur as usual. This can be useful for using volume to verify the significance of the EMA crossover.
🟠 Setting
If you enable the label, please be aware that the chart size will shrink, causing the candlestick display to become unclear. Therefore, you might need to select "Logarithmic" at the bottom right of your screen, or for mobile applications, press and hold on the price scale and choose "Logarithmic" to adjust the scale appropriately.
Enjoy!
Hapharmonic
HAP Auto Trend Line [PRO]Hello Traders!
The trend line is among the most important tools used by technical analysts. Instead of looking at past business performance or other fundamentals, technical analysts look for trends in price action. A trend line helps technical analysts determine the current direction in market prices. Technical analysts believe the trend is your friend, and identifying this trend is the first step in the process of making a good trade, and it can tell Support/resistance is very good.
But when drawing Trend Lines, sometimes we're not sure where to start. From where is the starting point? And sometimes it can be drawn multiple lines with different support/resistance lines over time. This itself can be confusing, so I tried to create a tool that allows it to draw lines automatically. According to price movement.
Let's take a look at the variables you need to understand from our indicators.
For this indicator it works in two main parts:
Section of Trend Line
Trend Reversal section
Therefore, these two parts have separate functions. To be used as a component for easier decision-making.
Trend Line, as I said before, what it is. Next is Trend Reversal. I will simply say it is. A period of time when the candle tries to pump and dump. This will help point out the potential price reversal. And if there is a trend line area, it is an interesting point to consider. To identify possibilities.
Some variables from the settings page
Number of Bars to Check : It is the number of past candlesticks to consider. To identify the start of the Trend Line, if it meets the condition, it will automatically draw the Trend Line for you.
Trend Line Depth : It is the frequency. Of identifying the starting point Trend Line. If the value is large, it will find a low Trend Line, and if it is low, it will find more Trend Line. This is flexible. So you have to try it yourself. On demand.
Overview
You can turn it on or off. Support/resistance position either.
Select Emoji Support/resistance. Freely
Line style you want
your favorite color
customizable line intensity
the script is fast enough to run on 1sec chart:
fun !
CDC ActionZone By ( HAP )Hello traders
Improved version of CDC Action Zone V.3 In this version, I added some extra features. And minor bug fixes.
- Added a variety of moving average line types
- Added display of Trade Stats
- Added multi time frame scanning.
- Added economical notification style.
*You can also choose your favorite time frame from the settings page, including Easy to enable and disable and Affects Alert
Caveats:
- If you have previously set an alert Later, some values have been changed from the indicator settings page. Please delete the previous Alert and create it again because Tradingview remembers the value at the moment you created the alert.
- Each alert fires once per bar, so choose your timeframe wisely.
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display of Trade Stats And multi time frame scanning.
variety of moving average line types
choose your favorite time frame from the settings page, including Easy to enable and disable and Affects Alert
