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Price Volume Trend (PVT)

RogTrader Bull Bear StrengthsSimplified Bull/Bear Strengths Indicator uses price action, volume flow, and candlesticks to calculate bull and bear strengths, also known as buying and selling pressures. Green/Red Volume Bars can be misleading at times This indicator shows the net bull/bear power Recommended to be used in combination with indicators to find reversal signals. For example, during an uptrend, a long red bar indicates that strong selloff has started, and bears begin to control the bargains.
Pine Script™ indicator
by traderrog
CC - PVT CloudsReleasing this test script for PVT ratios using sub-interval harmonics at a 1D, 4H, 1H, 45M, 15M and 5M level. It basically takes the PVT values for a rolling periodic interval and gets the (avg - min)/max for that interval (the ratio). Then it colors it based on the subinterval next to it. Just think of it as rolling Ichimoku clouds, but in real-time using PVT. I'm not saying much more than that, as this is an experimental indicator. Feel free to use it and give me feedback. Drop a like if this helps you trade, but please do not use these indicators as a DIVINING ROD for your trades. However, I will possibly release a paid version with TEXTUAL take profit/stoploss indicators. *DISCLAIMER* No amount of technical indicators will safe you from a lapse in Due Diligence or Market/Industry Judgement. I am not responsible for lost equity due to trades caused my relying on this indicator.
Pine Script™ indicator
by maigcaloctopus
@sumonpal 1.0 Price ChartThis is a momentum and volume based strategy. Plot "@sumonpal 1.1 Momentum Indicator" & "@sumonpal 1.2 Volume Trend" indicators to check the trading signals. 1. Barcolor is GREEN -> When Momentum is in green region and Volume is in green region 2. Barcolor is RED -> When Momentum is in red region and Volume is in red region. 3. Barcolor is YELLOW -> Volume and Momentum is not going in same direction. Staying away from trading is good in this scenario. Entry --> Above/below the 50% range of the signal bar Target --> Target is calculated based on signal bar ATR Buy Entry Condition --> a) Though entry level is plotted on chart but fresh entry is plotted when Volume and Momentum both turned green. Wait for the bar to close above the entry level in your timeframe. Say, you are using 5m timeframe, go long only when 5m bar closes above the entry level. b) Stop loss could be low of previous bar where entry is confirmed c) Exit - Once 1st target is met, 50% position can be booked and SL can be moved to entry and trailed. Another way is to trail based on ATR or whatever suits you. Short Entry Condition --> a) Though entry level is plotted on chart but fresh entry is plotted when Volume and Momentum both turned red. Wait for the bar to close below the entry level in your timeframe. Say, you are using 5m timeframe, go short only when 5m bar closes below the entry level. b) Stop loss could be high of previous bar where entry is confirmed c) Exit - Once 1st target is met, 50% position can be booked and SL can be moved to entry and trailed. Another way is to trail based on ATR or whatever suits you. Attention-> 1. Be extra cautious on long in overbought zone (@sumonpal 1.1 Momentum Indicator). 2. Be extra cautious on short in oversold zone (@sumonpal 1.1 Momentum Indicator). 3. Avoid trading when "@sumonpal 1.1 Momentum Indicator" & "@sumonpal 1.2 Volume Trend" are flat. 4. Whipsaws could be there in rangebound market. To avoid that I follow the below process: a) No fresh buy in first 15m (if timeframe is below 5m) b) after 15m, mark the high low of first 15m min, ignore signals within the first 15m range c) after 30m, mark the high low of first 30m min, ignore signals within the first 30m range d) if timeframe is below 1hr, do not trade based on signal of previous session i.e. signal is there at last bar of the previous session and next day trade is confirmed on first bar --> avoid that trade e) Look for divergences in momentum indicator and avoid signals in divergence is in progress. Disclaimer: Trading in equity is risky. Asses your risk profile before trading. If you make loss/profit, you will be responsible for that, not me. Backtest this strategy before using.
Pine Script™ indicator
by sumonpal
1
Freedom of MovementFreedom of Movement Indicator --------------------------------------------------------- In “Evidence-Based Support & Resistance” article, author Melvin Dickover introduces two new indicators to help traders note support and resistance areas by identifying supply and demand pools. Here you can find the support-resistance technical indicator called "Freedom of Movement". The indicator takes into account price-volume behavior in order to detect points where movement of price is suddenly restricted, the possible supply and demand pools. These points are also marked by Defended Price Lines (DPLs). DPLs are horizontal lines that run across the chart at levels defined by following conditions: * Overlapping bars: If the indicator spike (i.e., indicator is above 2.0 or a custom value) corresponds to a price bar overlapping the previous one, the previous close can be used as the DPL value. * Very large bars: If the indicator spike corresponds to a price bar of a large size, use its close price as the DPL value. * Gapping bars: If the indicator spike corresponds to a price bar gapping from the previous bar, the DPL value will depend on the gap size. Small gaps can be ignored: the author suggests using the previous close as the DPL value. When the gap is big, the close of the latter bar is used instead. * Clustering spikes: If the indicator spikes come in clusters, use the extreme close or open price of the bar corresponding to the last or next to last spike in cluster. DPLs can be used as support and resistance levels. In order confirm and refine them, FoM (Freedom of Movement) is used along with the Relative Volume Indicator (RVI), which you can find here: Clustering spikes provide the strongest DPLs while isolated spikes can be used to confirm and refine those provided by the RVI. Coincidence of spikes of the two indicator can be considered a sign of greater strength of the DPL. More info: S&C magazine, April 2014.
Pine Script™ indicator
by starbolt
8
Price Volume Strength ComparatorBollinger bands says whether price or any source is relatively high or low at any particular point of time. We can apply Bollinger bands on RSI and volume indicator Price Volume Trend to identify if RSI movement or PVT movement is relatively high or low. By calculating Bollinger %B, we can define the variation in a range between 0 to 1. By applying Bollinger %B on price, volume and strength, we are trying to compare how much they differ relative to each other. For example, if Bollinger %B of volume is higher than Bollinger %B of price, which may mean, we can still expect continuation of upward movement. If volume %B is lesser, we can interpret this as price has moved more than the volume and may retrace back. Note: I tried adding multiple volume/strength indicators as input choice. But, if condition did not work with simple string. Have no idea why. I will try adding that later if more people show interest.
Pine Script™ indicator
by Trendoscope
2
Shenlong V2.3 - Trend cycleShenlong V2 is a script developed to facilitate the interpretation of long and short entries according to various conditionals that play with the trend. The use of trend clouds has been implemented, which can be used as dynamic support / resistance . They also allow us to identify the current price cycle according to these guidelines, marking with a LONG or SHORT depending on the cycle in question. The appearance settings are user configurable. You can set alerts (long o short) to be aware of movements. The use of recommended stop loss has been implemented, this can be used as a trailing stop to ensure profits or give the possibility of catching the trend, since it will move as the price forms its structure. An information panel on stop prices has been implemented for ease of use.
Pine Script™ indicator
by ButterologyTeam
40
TurnOver Rate 换手率What does the turnover rate mean? 1. The higher the stock’s turnover rate, the more active the stock’s trading and the higher people’s willingness to buy the stock, which is a popular stock; conversely, the lower the stock’s turnover rate, it means the stock few people pay attention to it, which is an unpopular stock. 2. A high turnover rate generally means that the stock has good liquidity, and it is easier to enter and exit the market. There will be no phenomenon of wanting to buy or want to sell, and it has strong liquidity. However, it is worth noting that stocks with a high turnover rate are often the target of short-term funds chasing. They are highly speculative, their stock prices fluctuate, and risks are relatively high. 3. The high turnover rate at the beginning of the IPO is a natural thing. The myth of undefeated IPOs was once staged. However, with the changes in the market, it has become a reality for new shares to go high and low after the listing. Obviously, there is no conclusion that a high turnover rate will definitely rise, but a high turnover rate is also an important factor supporting the rise in stock prices. 4. The high turnover rate of stocks with high volume at the bottom indicates that the signs of new capital intervention are more obvious. The future upside is relatively large. The more the bottom changes hands, the less the upward selling pressure. In addition, strong stocks represent the hot spots of the market, so it is necessary to focus on them. 5. Combining the turnover rate with the stock price trend can make certain predictions and judgments about the future stock price. The sudden increase in the turnover rate of a certain stock and the increase in trading volume may mean that investors are buying in large quantities, and the stock price may rise accordingly. If a stock has continued to rise for a period of time, and the turnover rate rises rapidly, it may mean that some profitees want to cash out, and the stock price may fall. 6. The relatively high trading volume suddenly increases, and the willingness of the main force to distribute is obvious. However, it is not easy to release the volume at the high position. Generally, the trading volume will be released when some good news is released, and the main force can complete successfully. Distribution, there are many such examples. The first thing to do when digging for leading stocks is to dig out popular stocks. One of the effective indicators for judging whether they belong to a popular stock is the turnover rate. The turnover rate is high and shares tend to be active. Therefore, when choosing stocks, investors can put the stocks whose turnover rate is continuously multiplied every day into their own choice or notebook, and then select the best varieties based on some fundamentals and other technical aspects.
Pine Script™ indicator
by billytan77
6
Average High Traded Volume (Nodes) - Levels/Zones (Expo)Average High Traded Volume (Nodes) - (Expo) automatically identifies and displays High Traded Volume Nodes. Levels/Zones are displayed where there has been a significant level of trading activity and when there has been both high supply and demand. These levels can leave clues for future price behavior and act as support/resistance zones. The indicator can be used standalone or as a part of your current trading strategy. Real-time No repainting Works on any market if volume data is provided HOW TO USE 1. Use the indicator to identify High Traded Volume Nodes. 2. Use the indicator to identify support/resistance zones. 3. Use the indicator to confirm the existence, or a continuation, of a trend or a trend reversal. INDICATOR IN ACTION 4-hour chart I hope you find this indicator useful , and please comment or contact me if you like the script or have any questions/suggestions for future improvements. Thanks! I will continually work on this indicator, so please share your experience and feedback as it will enable me to make even better improvements. Thanks to everyone that has already contacted me regarding my scripts. Your feedback is valuable for future developments! ACCESS THE INDICATOR • Contact me on TradingView or use the links below ----------------- Disclaimer Copyright by Zeiierman. The information contained in my scripts/indicators/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. My scripts/indicators/ideas are only for educational purposes!
Pine Script™ indicator
by Zeiierman
23
Histogram - Price Action - Dy CalculatorThis script aims to help users of Price Action robot, for Smarttbot (brazilian site that automates Brazilian market (B3)). You can use on any symbol. The script will follow price action principles. It will calculate the absolute value of last candle and compare with actual candle. Colors are: - Red - If the actual candle absolute value is higher than previous one, and the price is lower than last candle. It would be a short entry. - Blue - If the actual candle absolute value is higher than previous one, and the price is higher than last candle. It would be a long entry. - Black - The actual candle absolute value is lower than previous one, so there is no entry. If there is a candle that is higher than previous one, and both high and low values are outside boundaries of previous one, it will calculate which boundary is bigger and will apply the collor accordingly.
Pine Script™ indicator
by Maurosmartins
UVOL DVOL Strength and Stagnant HistogramI liked the style of one of Noldo's scripts pertaining to Put/Call ratio so I adapted my existing UVol / DVol ratio script using his code from I am also reducing the number of securities referenced to only Nasdaq which speeds up displaying The yellow bars are meant to represent stagnant volume, with green / red representing strong up or down volume. Note the indicator will display the same no matter which individual stock you are watching since it uses UVol and DVol from the whole Nasdaq exchange NOT the stock or security you are currently viewing.
Pine Script™ indicator
by volak
1
PVT Osc - Price Volume Trend Oscillator [UTS]The oscillator version of the Price Volume Trend indicator (PVT) can be considered as a leading indicator of future price movements. The PVT Indicator is similar to the On Balance Volume indicator as it is also used to measure the strength of a trend. The difference between the OBV and the PVT is that where the OBV adds all volumes when price achieves higher daily closes and subtracts them when price registers a lower daily close, the PVT adds or subtracts only a portion of the volume from the cumulative total in relation to a percentage change in price. The general market consensus is that this difference enables the PVT to more accurately represent money flow volumes in and out of a stock or commodity. The PVT has been designed so that it is capable of forecasting directional changes in price. For instance, if the price of a stock is rising and the PVT begins to fall, then this is indicative that a price reversal could occur very soon. The general consensus is that the PVT is more accurate at detecting new trading opportunities than the OBV because of the differences in their construction. The OBV is designed so that it adds the same amount of volume whether the price closes upwards by just a small fraction or by multiples of its day opening value. On the other hand, the PVT adds volume proportional to the amount the price closed higher. General Usage Plain old PVT can be used to confirm trends, as well as spot possible trading signals due to divergences. A benefit of the oscillator version is that it can produce LONG or SHORT signals on zero line cross. Or controversy, disallow LONG trades in bearish territory and disallow SHORT trades in bullish territory. Moving Averages 4 different Moving Averages are available: EMA (Exponential Moving Average) SMA (Simple Moving Average) VWMA (Volume Weighted Moving Average) WMA (Weighted Moving Average)
Pine Script™ indicator
by UberTradingSystems
15
ADL - Accumulation Distribution Line [UTS]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 Index. Common known variants of this type of indicator are the On Balance Volume, Chaikin Oscillator or Chaikin Money Flow. Based on www.metatrader5.com
Pine Script™ indicator
by UberTradingSystems
Swing Trade Pros - Auto Trend LinesThe STP Auto Trend Lines accurately identify the real-time trend lines automatically helping you find breakouts before they happen. The indicator uses weighted moving averages to show the overall direction of the underlining asset. The higher time frames will always produce the most reliable trend lines. Once the second swing high or low has been identified the indicator automatically draws the trend lines. The Trend Lines form key market structures and once the pattern is broken a big move usually follows. If the trend is rising it indicates it may be better to enter long positions. If the trend is falling it indicates it may be better to enter short positions.
Pine Script™ indicator
by Swing_Trade_Pros
30