nonoiraq indicator it's very strong i edit this indicator to connect it with my bot to auto trading and he take the info from the volume, so when he is give me a single the bot take just 0.50% to 1% for 3 - 5 trade in day and this perfect, if u use a manual trading this indicator can reach to from 10% to 80% in some point .
the indicator have 3 line
(Red , Purple, Yellow)
1- The yellow line it's high sensitivity this mean it's when rich to the -3 or 3 you can open the order when the bar is close and the signal be sure
and u need to watch the your order because in some case he is reach to 0.30% to 2% and the price reflected to loss and when you wait the price reflected to but my advice you take profit and close the order directly.
2- The purple circles it's medium sensitivity this mean when the purple hit the 2.5 or 3 from down or up in indicator with yellow line you open the order when bar close and the signal is be sure , like example in the photo
3- The red circles it's low sensitivity and this one when reach to 3.0 with any line (yellow or purple) you open directly short or long , like the example in the photo
i am sorry for my english it's not very good
please support me to share other idea or script
Volume Indicator
Weighted Harrell-Davis Quantile Estimator with AbsoluteDeviation
QUANTILE ESTIMATORS
Weighted Harrell-Davis Quantile Estimator with Absolute Deviation Fences.
DISCLAIMER:
The Following indicator/code IS NOT intended to be a formal investment advice or recommendation by the author, nor should be construed as such. Users will be fully responsible by their use regarding their own trading vehicles/assets.
The following indicator was made for NON LUCRATIVE ACTIVITIES and must remain as is, following TradingView's regulations. Use of indicator and their code are published for work and knowledge sharing. All access granted over it, their use, copy or re-use should mention authorship(s) and origin(s).
WARNING NOTICE!
THE INCLUDED FUNCTION MUST BE CONSIDERED FOR TESTING. The models included in the indicator have been taken from open sources on the web and some of them has been modified by the author, problems could occur at diverse data sceneries, compiler version, or any other externality.
Purpose:
Weighted Quantiles or <> are quite difficult to find on must systems, also it's non-weighted approach are rarely used to estimate the location parameter of price distribution WICH IS NOT NORMAL, all this in favour of it's non-robust counterpart, the Arithmetic rolling Mean or <> and it's weighted variants like the WMA, VWAP, etc.
Also, a big drawback from this is that must statistics derived from Normal-Distribution parameter location (the Mean) definitely will not fit for an efficient, nor robust estimation for price distributions, so their moments like the standard deviation, kurtosis, skewness, etc. will not be the better tools to build derived algorithms or technical indicators among price/volume.
In an effort searching better statistical tools for price distributions, I found the excellent work of Andrey Akinshin that took me to port some of their Math research contributions for the compute benchmarking field , and bring it here at the TradingView ecosystem to take a shot at the price distribution crazy fields. For a better detail of what the weighted Harrell-Davis Quantile Estimator can do, who better than drink directly from the source at References:
References:
Weighted Quantile Estimators.
DoubleMAD outlier detector based on the Harrell-Davis quantile estimator.
Unbiased median absolute deviation based on the Harrell-Davis quantile estimator.
Quantile confidence intervals for weighted samples.
Licensing:
This work is licensed under a Attribution-NonCommercial-ShareAlike 4.0 International Copyright (c) 2021 (CC BY-NC-SA 4.0)
Copyright's & Mentions:
The Gamma Functions & Beta Probability Density Functions C# implementations by the Math.NET Numerics, part of the Math.NET Project.
The Regularized Incomplete (Left) Beta Function C# implementation by the SAMTools, htslib project.
The Weighted Harrell-Davis Quantile estimator ; C# & R implementations by Andrey Akinshin.
External PineScript code, methods, support & consultancy by @PineCoders staff with special mention for:
+ "ma sorter ('sort by array' example)- JD" by @Duyck.
+ Porting, mods, compilation and debugging for this script by @XeL_Arjona for the TradingView's @PineCoders community.
Aggregated VolumeBITSTAMP:BTCUSD
This indicator aggregates trading volume data of assets which are traded on multiple exchanges (like cryptocurrencies, commodities, forex and derivatives) to give you better insights on the markets.
You can change the markets from which the indicator gathers data in the settings under inputs.
By default, data is aggregated from the following markets:
Binance, BTC /USDT
Binance, BTC /BUSD
Bitfinex, BTC /USD
Coinbase, BTC /USD
Bingbon, BTC /USD
Bitstamp , BTC /USD
Kraken, XBT/USD
Gemini, BTC /USD
OkeX, BTC /USDT
Huobi, BTC /USDT
Volume Level with AlertThis script is made by Bollinger Bands and Volume , BB is using customize setting to filter the surge volume.
Good to use in Cryptocurrency
When Volume Breakout and price is drop, chance to collect at lower price
Try to find out Price * Volume Divergence , a best entry point with low risk
[FTA] Curvature of MeniscusIntroduction:
Curvature of Meniscus is a hybrid indicator comprised of three parts:
1. The first part is a heavily modified Demarker RSI which is represented as the histogram and is the main trend indicator C1 .
2. The second part is the 0 line which is replaced by the Waddah Attar Explosion V2 indicator C2 .
3. The third part is the background color which is borrowed from the Klinger Safety Zones volume indicator Vol .
It is smooth and has almost zero lag.
The signals can be used as per nnfx C1-C2-Vol algorithm.
The DeMarker indicator is relatively unknown to trading beginners but enjoys huge support from the more experienced traders. The indicator measures the strength of a trend and thus can give you a warning when a change in the trend direction might occur. This can not only help you to find new trade entries but also prevent you from entering into losing trades or letting your open trades run and ultimately result in a loss.
The line of the indicator is calculated as follows: First the indicator finds the minimal and the maximal value of the specified period. Afterwards those values are used to calculate the moving average of these values which then is displayed in the chart. Just like most oscillators the DeMarker indicator uses oversold and overbought zones at 0.3 and 0.7 to define good entry opportunities.
The "Curvature of Meniscus" indicator has the DeMarker indicator/RSI modified in three different ways:
1. Smoothed and almost no-lagged;
2. Colored histogram to determine the trend and the divergences;
3. An early signal line for those who like to take counter-trend trades/reversal entries.
Play with the settings and let me know what you think about this new hybrid!
Trade Vertex - Bank Nifty Volume IndicatorNSE:BANKNIFTY
We all know that the value of an Bank Nifty is derived from top banking sector underlying stocks.
The value of Bank Nifty is calculated from free float market capitalization.
Using the same formula, I made an indicator on the bases of weighted volume of each stock.
This indicator will help you to plot Volume on Bank Nifty.
Welkin Advanced Volume Study (for VSA)This is a translation of Welkin's Advanced Volume Study Indicator originally written for ThinkOrSwim. This version is simpler than Welkin's and attempts to streamline that basic functionality for beginners to Volume Spread Analysis.
This can be used to replace the built-in volume bar with a more advanced version that is designed to facilitate Volume Spread Analysis. The basic idea is to clearly call out areas of high and low volume that help a trader determine where to "Smart Money" may be attempting to move the market. Volume is an incredible powerful tool for the retail trader; learn how to use it.
Grey bar are Below Average volume .
Blue bars are Average Volume , from a 20sma of volume .
Orange bars are 2-sigma (or 2 standard deviations) above average.
Magenta bars are 3-sigma (3 standard deviations) above average.
The plotted lines represent these levels.
Yellow bars have relatively higher volume compared to the previous bar.
The study can also apply these same colors to the price candles themselves, as well as showing buying and selling pressure of the volume bars.
Welkin Advanced Volume Overlay (for VSA)This is a PineScript translation of Welkin's Advanced Volume Indicator Overlay, originally written for ThinkOrSwim. This tool is designed to facilitate Volume Spread Analysis (VSA) by highlighting areas of above average volume alongside price movement.
This indicator does two things:
1. Plots lines that extend from candles of above average, high, and very high volume.
2. Colors in candles with colors indicating volume levels (when "Paint Candles With Volume Colors" is enabled).
Blue lines mark candles with Average volume, based on a 20 SMA.
Orange lines mark 2-sigma (2 times standard deviations higher) volume.
Magenta lines mark 3-sigma (3 times standard deviations higher) volume.
When enabled, gray colored candles indicate below average volume.
Yellow candles indicate volume that is relatively higher than the previous candle, default is 1.25x.
Volume Play This is going to be my first published indicator on Trading View. Thanks for TradingView for providing us this great platform And thanks for all of those who helps me to built this indicator and share there ideas.I cannot mention everyone name here believe me that list going to be huge.Everyone’s idea and help is much appreciated.This is how our TradingView community is growing day by day with kindness and knowledge. Every time I take so much from community in form knowledge that every time somewhere I feel that I also need to do something for community and finally day arrived .A gift from my side to community.A gift of indicator-VOLUME PLAY
This volume based indicator has High Relative Volume bar Background, Low Relative Volume bar background ,Volume Labels of Buying volume, Selling volume and Total volume count with percentage, Highest Volume in Percentage and Highest 5x volume count and 10x volume count of bar.Plus I have did column scaling to take Down pan input so you can switch pane or add in existing pane without any major problem And all this works on any time frame. Isn’t it good idea?
This indicator displays the volume of each session in a similar manner of the default volume indicator.However it add on the last bar Green and Red bar colours. Green means buying is more than selling and Red means selling is more than buying.On top of Some bar If number appears That means that’s volume is highest multiple volume of 5 and if number appears with label means highest multiple volume of 10.So simple without label volume counts means 5x and with label means 10x.
Now some of bars has background colour of Mint green , Pastel red and White.That’s highlight high relative volume bars with a highly buying activity range in Green and high relative volume bars with a highly selling activity range in Red And white background is low relative volume for that timeframe bar.
I am kind of person who don’t keep show indicator value enable all time.So it’s come in mind why not plot this values without enabling it.So I decided to show this values of buying, selling and total volumes on top near middle pane.Interesting thing is that I made a label with the help of pine script Table feature.Thanks a lot to Pine Team to add this new great feature! It’s great alternative for labels feature.Because of this feature I am able to locate buying, selling and total volume at right place where in most of scenario it will adjust.
Please note that all values are estimate.It’s not accurate.I show volumes in K,M form.Plus with volume I also try to show Buying And Selling volume in percentage form to get rough idea about what’s going on in instrument.Idea is to get better view of volume by splitting it into Buying , Selling and Total volume.This allows you to see are the bulls or bears in-control in relation to the overall Volume.
By default this indicator overlay is false but you can move this indicator pane to existing upper or lower pane.It will help to save space as well.If combine with two indicator at same pane then it will create two value scale at right side.So you will not loose any indicators values.By default I used 50% of vertical space in indicator scale factor.
I tried to make this indicator as accurate as inbuilt volume indicator with added extra feature.The main aim of indicator to get Idea of volume role in that symbol with that specific timeframe.Result might not be accurate but I expect somewhat nearby to accurate.
Kept source code open purposely for learners of pine script. Please avoid misuse or selling of this indicator.Remember Sharing Is Caring. If someone has suggestions or any addition then please comment below.Wishing you all abundance of health, wealth, and prosperity.
After all its all about VOLUME PLAY.
Disclaimer:-This indicator is not meant for buy or sell signals.This post and the script don’t provide any financial advice. This indicator/code IS NOT intended to be a formal investment advice or recommendation by the author, nor should be construed as such. Users will be fully responsible by their use regarding their own trading vehicles/assets.
Volume PanelDisplays volume data in panel on bottom right of screen. Shows current bar, change from last bar and average of last 20 bars. This number can be changed in settings if you wish to have the average calculated on a different amount of bars.
Relative VolumeVolume can be a very useful tool if used correctly. Relative volume is designed to filter out the noise and highlight anomalies assisting traders in tracking institutional movements. This tool can be used to identify stop loss hunters and organized dumps. It uses a variety of moving averages to hide usual activity and features an LSMA line to show trend. Trend columns are shown to highlight activity and can be seen at bottom of the volume columns, this is done using ZLSMA and LSMA.
The above chart shows an example of 2 indicators being used on the 15 min chart. The bottom indicator is set to the 1 min chart. Traders can see a large dump on the 1 min chart as institutions wipe out any tight stop losses. Next they buy back in scooping up all those long positions.
This is an example layout using a split screen setup and multiple timeframes ranging from 1 min to 30 mins. This gives a clear indication of trends and make it easy to pickup on institutional behaviour. Tip: Double clicking indicator background will maximize RVOL to the split screen window.
DsDThis is indicator, displaing activity in the Token, based on volumes changed in compresson of two moving averages ad its \sigma
Volume Pump WaveThis indicator displays volume as a pump wave. Can be useful for chart analysis and easy detection of anomalies/trends.
OBV High / LOW (On-Balance Volume )This is a simple application of OBV indicator (On-Balance Volume ), to visually determine when a given stock current obv is near the highest or lowest based on the number of lookback bars.
Indicator examples:
### OBV value is near an all-time high ##
breakthrough , stock value could set new all-time highs.
rejection , stock value could come down or consolidate.
Example
Inputs
OBV High Lookback -> numbers of bars to look back for the obv high.
OBV LowLookback -> numbers of bars to look back for the obv low.
OBV EMA Length -> Ema length
Notes:
This script also comes with an ema indicator based on obv for smoothing the obv signal since it gets noise at lower timeframes (by default comes disabled)
OBV information
www.investopedia.com
Comments:
This is my first script any ideas, suggestions, or detected errors (language/script) don´t hesitate to send a message.
Best regards, Mauro.
Table: Relative Strength Index (Multiple Timeframes) DESCRIPTION
It is the most popular and dependent Indicator, Relative Strength Index (RSI) . Now, I put inside a table to view chart momentum from Multiple timeframes.
This indicator tells different Timeframe (30 minutes, 1 hour, 4 hour, 1 day, 1 week, 1 month) of RSI value within table form.
HOW TO USE
Can consider a Long position when all timeframes go oversold while Short position when all timeframes go overbought. Alarm function is available. It sounds as all timeframes are overbought or oversold.
Modified The source of indicator from ©BeeHolder named "Performance"
Volume Indicators PackageCONTAINS 3 OF MY BEST VOLUME INDICATORS ALL FOR THE PRICE OF ONE!
CONTAINS:
Average Dollar Volume in RED
Up/Down Volume Ratio in Green
Volume Buzz/Volume Run Rate in BLUE
If you would like to get these individually, I also have scripts for that too.
Below is information about all three of these indicators, what they do, and why they are important.
---------------------------------------------------------------------------------------------AVERAGE DOLLAR VOLUME----------------------------------------------------------------------------------------
Dollar volume is simply the volume traded multiplied times the cost of the stock.
Dollar volume is an extremely important metric for finding stocks with enough liquidity for market makers to position themselves in. Market Liquidity is defined as market's feature whereby an individual or firm can quickly purchase or sell an asset without causing a drastic change in the asset's price. The key concept you want to understand is that these big instructions with billions of dollars need liquidity in a stock in order to even think about buying it, and therefore these institutions will demand a large dollar volume . A good dollar volume amount, that represents a pretty liquid name, is typically above 100 million $ average. Why are institutions important? Simple because they are the ones who make stocks move, and I mean really move. If you want to see large growth from a stock in a short amount of time, you need institutions wielding billions of dollars to be fighting one another to buy more shares. Institutions are the ones who make or break a stock, this is why we call them market makers.
My script calculates average dollar volume using four averages: the 50, the 30, the 20, and the 10 period. I use multiple averages in order to provide the accurate and up to date information to you. It then selects the minimum of these averages and divides this value by 1 million and displays this number to you.
TL;DR? If you want monster moves from your stocks, you need to pick names with average high liquidity(dollar volume >= $100 million). The number presented to you is in millions of whatever currency the name is traded in.
---------------------------------------------------------------------------------------------UP/DOWN VOLUME RATIO-----------------------------------------------------------------------------------------
Up/Down Volume Ratio is calculated by summing volume on days when it closes up and divide that total by the volume on days when the stock closed down.
High volume up days are typically a sign of accumulation(buying) by big players, while down days are signs of distribution(selling) by big market players. The Up Down volume ratio takes this assumption and turns it into a tangible number that's easier for the trader to understand. My formula is calculated using the past 50 periods, be warned it will not display a value for stocks with under 50 periods of trading history. This indicator is great for identify accumulation of growth stocks early on in their moves, most of the time you would like a growth stocks U/D value to be above 2, showing institutional sponsorship of a stock.
Up/Down Volume value interpretation:
U/D < 1 -> Bearish outlook, as sellers are in control
U/D = 1 -> Sellers and Buyers are equal
U/D > 1 -> Bullish outlook, as buyers are in control
U/D > 2 -> Bullish outlook, significant accumulation underway by market makers
U/D >= 3 -> MONSTER STOCK ALERT, market makers can not get enough of this stock and are ravenous to buy more
U/D values greater than 2 are rare and typically do not last very long, and U/D >= 3 are extremely rare one example I kind find of a stock's U/D peaking above 3 was Google back in 2005.
-----------------------------------------------------------------------------------------------------VOLUME BUZZ-----------------------------------------------------------------------------------------------
Volume Buzz/ Volume Run Rate as seen on TC2000 and MarketSmith respectively.
Basically, the volume buzz tells you what percentage over average(100 time period moving average) the volume traded was. You can use this indicator to more readily identify above-average trading volume and accumulation days on charts. The percentage will show up in the top left corner, make sure to click the settings button and uncheck the second box(left of plot) in order to get rid of the chart line.
Volume per PointHello everyone <3
I present to you guys my new indicator Volume per Point (VP)
As suggested by the title, this script gives you the volume for every point.
Here's a run down on specific features:
SUBCHART COLUMNS:
The columns can be the following four colors:
Green - There was an increase in VP
Red - There was a decrease in VP
Yellow - There was divergence between volume and candle range
Purple - There are signs of exhaustion compared to the previous candlestick
SUBCHART HISTOGRAM:
The histogram can be the following two colors:
Lime - Buying volume
Red - Selling volume
I left you guys the ability to change the multiplier on the volume in settings just incase it's too small or too big compared to the VP. Decimals are allowed!
CANDLESTICK CHART:
The candlesticks can the following two colors:
Yellow - There was a divergence between volume and candle range
Purple - There are signs of exhaustion compared to the previous candlestick
FILTERS
In the settings, you're able to add the following two filters:
RSI Filters - RSI must be below or above the specified value for the divergence or exhaustion to trigger
Percent Filters - The candlestick range or volume must be higher or lower than the specified value depending whether it's divergence or exhaustion.
This is a very helpful tool if you're interesting in reading volume. It also facilitates finding market maker activity depending on the size of the VP. Sudden abnormal spikes in VP usually do signal something and that's up for you to figure out :)
Thank you for your time to read this
~July <3
Bollinger Bands + Volume (Version.1)Bollinger Bands + Volume (Version.1)
This is just version 1, "version 2 ,version 3,version 4" are coming, which are better than this version.
- This indicator used the volume with Bollinger Bands.
- This indicator generates BUY and SELL signals.
- Whenever price will touch the upper band and if the buying volume is low and the selling volume is high Then it will give SELL signal.
AND
- Whenever price will touch the lower band and if the selling volume is low and the buying volume is high Then it will give BUY signal.
HMA VolumeVolume smoothed by Hull Moving Average . Basic, so not much to say really.
It has a multi timeframe function, so you can for example, look at the hourly volume, on the 15 minute chart, or whichever timeframe combo you choose.
Use it to see volumes trend is increasing or decreasing
Best Bulls Bears Volume trend Breakout V2 [badshah_e_alam]This is a intraday indicator. Only to be used on timeframe less than daily charts.
This indicator purely uses volume to plot the graph. The indicator helps in conforming a breakout strategy.
This indicator is advanced version of my previously developed indicator you can check this link
Total volume is made up of buying volume and selling volume . Buying volume is the number of shares, contracts, or lots that were associated with green bars, and selling volume is the number that were associated with red bars.
The labels on the right side are the current bar value and that days bulls /bears weightage.
the first value shows the current bar volume.
second value show the bulls weight in %
third value show the bears weightage throughout the day ( %)
The Blue plot in graph keeps the track of bulls movement in intraday( %)
The Red plot in graph keeps the track of bears movement in intraday ( %)
X axis is time.
Y axis ranges from 100 to -100
I use 1:2 risk to reward ratio. Do your own research.
**not a financial advice**
Example of price increasing, volume decreasing
this indicator can be used for confirming a breakout strategy with bulls or bears in action. In the current example, the buyer’s volume percentage is reducing and the price is increasing throughout the day. Hence a breakout of the trendline is confirmation of a short trade.
Example of Price reducing, volume decreasing
example of price moving down , bears losing the grip
Example of price decreasing volume increasing
Thanks to nizar9599 for giving idea to improve my previous indicator.
DISCLAIMER
Any and all liability for risks resulting from investment transactions or other asset dispositions carried out by the user based on information received or a market analysis is expressly excluded by me.
All the information made available here is generally provided to serve as an example only, without obligation and without specific recommendations for action. It does not constitute and cannot replace investment advice. We therefore recommend that you contact your personal financial advisor before carrying out specific transactions and investments.
Do your own research, This is not a financial advice.
Volume Indicator wih EOD volume predictionThis indicator displays the volume of each session in a similar manner of the default volume indicator
However it add on the last bar a green bar that shows the expected volume for the end of the session
One might use it to anticipate the end of day volume and decide if the current price action is strong or not
This might also be used to anticipate the appearance of a pocket pivot signal or buyable gap up
This indicator is designed to be used on daily chart exclusively
Bullish Volume [Alerts]A really simple script I made for someone, but also noticed I couldn't find anything like it that's as quick or simple (I may just be dumb)
Simply labels out and alerts you when three consequently higher volume bars appear, pretty useless on its own but for crypto, it works great to quickly notice if some important fundamentals suddenly cause the price to rocket. It works best with hour timeframes. Personally I'd use it with 4h.
I find it useful to know if something in a market is stirring attention and hope others can find it useful.
Volume using Candle RangeAnother way of finding out a rough estimate of the volume or how much bulls or bears were in control using only the range of the candlesticks in relation to the closing price. If the close is in the higher range zone then the volume is said to have been positive, if the close is in the lower range zone then the volume is said to have been negative. The close is compared to the midpoint of the candle to see how far from the midpoint the close was.
The columns bars show how far each candlestick's close price is to the midpoint of its high and low. It's possible for the column bar to be a different color than the candlestick itself if the close was above or below the midpoint. An average line is shown that takes the average of a given length amount of column bars. There is an option to show the absolute value only of the columns and the average line.
This is based on an idea I found about candlestick range bars implying volume. This is an attempt to put that theory into practice and to see if there's any truth to it. It's not exactly volume and may not always look like it, and it does not show how many trades took place but instead tries to use price in relation to the high and low range.