Volume Speed [By MUQWISHI]▋ INTRODUCTION :
The “Volume Dynamic Scale Bar” is a method for determining the dominance of volume flow over a selected length and timeframe, indicating whether buyers or sellers are in control. In addition, it detects the average speed of volume flow over a specified period. This indicator is almost equivalent to Time & Sales (Tape) .
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▋ OVERVIEW:
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▋ ELEMENTS
(1) Volume Dynamic Scale Bar. As we observe, it has similar total up and down volume values to what we're seeing in the table. Note they have similar default inputs.
(2) A notice of a significant volume came.
(3) It estimates the speed of the average volume flow. In the tooltip, it shows the maximum and minimum recorded speeds along with the time since the chart was updated.
(4) Info of entered length and the selected timeframe.
(5) The widget will flash gradually for 3 seconds when there’s a significant volume occurred based on the selected timeframe.
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▋ INDICATOR SETTINGS:
(1) Timezone.
(2) Widget location and size on chart.
(3) Up & Down volume colors.
(4) Option to enable a visual flash when a single volume is more than {X value} of Average. For instance, 2 → means double the average volume.
(5) Fetch data from the selected lower timeframe.
(6) Number of bars at chosen timeframe.
(7) Volume OR Price Volume.
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▋ COMMENT:
The Volume Dynamic Scale Bar should not be taken as a major concept to build a trading decision.
Please let me know if you have any questions.
Thank you.
Tape
Time & Sales (Tape) [By MUQWISHI]▋ INTRODUCTION :
The “Time and Sales” (Tape) indicator generates trade data, including time, direction, price, and volume for each executed trade on an exchange. This information is typically delivered in real-time on a tick-by-tick basis or lower timeframe, providing insights into the traded size for a specific security.
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▋ OVERVIEW:
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▋ Volume Dynamic Scale Bar:
It's a way for determining dominance on the time and sales table, depending on the selected length (number of rows), indicating whether buyers or sellers are in control in selected length.
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▋ INDICATOR SETTINGS:
#Section One: Table Settings
#Section Two: Technical Settings
(1) Implement By: Retrieve data by
(1A) Lower Timeframe: Fetch data from the selected lower timeframe.
(1B) Live Tick: Fetch data in real-time on a tick-by-tick basis, capturing data as soon as it's observed by the system.
(2) Length (Number of Rows): User able to select number of rows.
(3) Size Type: Volume OR Price Volume.
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▋ COMMENT:
The values in a table should not be taken as a major concept to build a trading decision.
Please let me know if you have any questions.
Thank you.
Tape (Time and Sales)OVERVIEW
This indicator is a synthesized "Tape" (aka. Time and Sales) from real time market data. It's specifically designed to be performant, expediting trading insights and decisions.
The table contains color-coded price action, volume size, and a timestamp data for each chart update. Because chart updates are independent of exchange orders, 1 chart update may combine more than 1 exchange and/or order. Even so, you're able to see very small and fast order flow changes, made possible by measuring real time volume differentials, and correlating them with price action.
Real time volume differentials are required for this indicator to be most useful. This is not ideal for historical analysis or TradingViews Replay feature.
INPUTS
You can can configure:
Table Position and Text Size
The Timestamp (visibility, format, timezone)
The number of lines to print
Volume Parameters (minimum size, large sizes, decimal precision)
Highlighting and Enlarging large sized prints
All the colors
DEV NOTES
This script illustrates:
The complimentary nature of loops and arrays
A method for iterative table management
Real Cummulative Delta (New TV Function)Thanks to the new TradingView indicator Up/Down Volume, it is now possible to get accurate information on Agression (market buying vs market selling)
However, as they only provide the value of delta, I've made this indicator to show the cummulative value, in the form of candles.
It is great to detect divergences in the macro and in the micro scale (As in divergences in each candle and divergences in higher or lower tops or bottoms)
Hope you can make good use of it!
