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Price Volume Trend (PVT)

PVT OscillatorThis is the non-accumulating portion of the price-volume trend (PVT)--the amount by which PVT would change each bar--which I have turned into a zero-centered oscillator. The plot is a 9-day EMA of the PVT change, multiplied by 1000 for readability, with lime/red corresponding to whether the actual PVT increased or decreased for that bar. As always, the length of this moving average is adjustable, as is the source of price(s) to use--open, close, high, low, HL2, HLC3, or OHLC4.
Pine Script® indicator
by Lemrin
6
Crypto Money Flow RatioThis indicator shows you the movement of buyers and sellers in the market. Combined with other indicators like Stochastic RSI it can be a very powerful early indicator to buy and exit. In this example, there are two moving averages applied to the indicator (at the bottom). Once the Fast crosses the Slow and the area is above both - this tells you the major market players are accumulating and you should be looking to long. In addition, Stochastic RSI is also oversold and Ichimoku shows price above the cloud - all confluence on a long trade. As you can see, in the next hour price rocketed. This size of move isn't always common, and this move may have been due to news. Even if so, people were aware and started buying and you could see it happen. Another example here with DASH. In this example, you can see there was a previous bull move that we applied a fib to and had a 38% retracement. We bought on the indicator cross and ratio above averages with a target of a 38% extension. It hit almost exactly and we closed out. To apply this to other currencies, change the settings. For example, for ETHUSD - change the setting from BTC to ETH. BITFINEX:BTCUSD
Pine Script® indicator
by alsop
12