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Musashi_Katana=== Musashi-Katana === This tool was designed to fit my particular trading style and personal theories about the "Alchemy of the markets" and ''Harmonic Structure'. Context When following a Technical approach to to surf the markets, there are teachings that must be understood before reaching a confort-zone, this usually happen the possible worst way by constant experimentation, it hurts. Here few technical hints: - Align High timeframes with lower timeframes: This simple concept relax a lot complexity of finding of a trend bias. Musashi-Katana allows you to use technical indicator corresponding to specific timeframes, like daily weekly or yearly. They wont change when you change the chart's timeframe, its very useful as you know where you're standing in the long term, Its quite relaxing. - Use volume: The constant usage of volume will allow you to sync with the market's breathing. This shows you the mass of money flowing into and out of the market, is key if you want to understand momentum. This tool can help here, as it have multi-period vwaps. You can use yearly, monthly for swing trading, and even weekly if you enjoy scalping. Useful stuff: - You have access to baselines, AMA and Kijun-sen with the possibility of adding ATR bands. - AMAs come as two lines strategies for different approaches, fast medium or slow. - You can experiment with normal and multi timeframe moving averages and other trend tools. Final Note If used correctly Musashi-Katana is a very powerful tool, which makes no sense as there is no correct usage. Don't add everything at the same time, experiment, combine stuff, every market is different. Backtest every possible strategy before using it, see what works and doesn't. This gives you a lot of peace, specially while you're at the tip of the spear surfing the markets --> I personally use this in combination with 'Musashi_Slasher (Mometum+Volatility)', as it gives me volatility and momentum in a very precise way.
Pine Script™ indicator
by Musashi-Alchemist
2
Volume CVD and Open InterestVolume, Cumulative Delta Volume and Open Interest are great indications of strength and sentiment in the market. Until now they have required separate indicators, but this indicator can show them all. With a clean and aesthetic plot, this indicator has the option to choose the data source: - Volume - the total volume of transactions, buys and sells - Up Volume - the total volume from buys only - Down Volume - the total volume from sells only - Up/Down Volume (Net) - the difference in the Buy Volume and Sell Volume - Cumulative Delta - the sum of the up/down volume for the previous 14 bars - Cumulative Delta EMA - a smoothed average of the sum of the up/down volume for the previous 14 bars, over a 14 period EMA - Open Interest - a user defined ticker, whose value is added to the plot, while this is designed to be used with Open Interest tickers, you can actually choose any ticker you want, perhaps you want to see DXY while charting Bitcoin! There are several customization features for the colour of the plot, with a nice gradient colouring from high to low. You can choose the lookback which defines only the highest and lowest values for the colour gradient. There is also an option for how the Open Interest value is determined, based on Close, Open or differences between previous values. While similar, Volume and Open Interest are not the same. To me the simplest explanation is Volume shows the trades that have been executed and the buy/sell direction, while Open Interest shows the value of open trades that are yet to be completed. Volume shows strength, sentiment and volatility. Open Interest does not show direction, but does indicate momentum and liquidity in the market.
Pine Script™ indicator
by Texmoonbeam
9
Volume ChartVolume data can be interpreted in many different ways. This is a very basic script and novel idea to display volume as a chart. The purpose of this script is to visually help identify volume breakouts and other common chart patterns. While this indicator could be useful for finding big moves and early reversals it not reliable for determining the direction of the move. Below is an example of a volume breakout: Below is confirmation of the second ear in the batman pattern: Lower highs and higher lows can give early signs of a reversal: Below we can see retailers getting pumped and dumped on during the gaps while they sleep:
Pine Script™ indicator
by veryfid
8
Combined Moving Averages + Squeeze & Volume Spike SignalsThis is a set of 4 combined moving averages. Each moving average is a combination of an EMA, SMA, HMA, RMA, WMA and VWMA with the same length as set in your input settings. All 6 of them are added together and then divided by 6 for an average of all of them. This is based on the theory that most traders use their own preference of moving averages, so combining them all should give us a better idea of where price should actually react since we are using the average of what most traders are using on their charts. It also smooths the moving averages out as well so you get a much easier to read moving average than any of them on their own which should help you hold positions longer and time your entries better. The default lengths used for this indicator are as follows: 10, 50, 100 and 500. These lengths can be updated in the settings. The 10 and 500 will change colors when the individual moving average is less than or greater than its previous value. Price above or below the moving average does not affect the colors. The 50 and 100 are colored based on whether the 50 is greater/less than the 100. The two middle length moving averages by default are the 50 and 100. This has been turned into a cloud because it is the area where price typically bounces, since tons of traders use the 50 and 100 moving averages. This should be your long/short zone when price is trending. Each moving average can be set to use a different source such as close, open, high, low, ohlc4, etc. You can also adjust the length of each moving average. Default settings work well, but feel free to customize them to your liking. You can also change the colors of the lines in the settings. Beware that changing the lengths of MA #2 and MA #3 will change the signals, squeezes and the cloud. VOLUME SPIKES The cloud will change to a brighter color when a volume spike is detected. When a major volume spike is detected, it will turn very bright colored green/red according to the direction of the cloud. This notifies you of volume spikes so you have a better idea of how strong the trend is. If the cloud is a dark green/red then that means that volume is less than or equal to the recent median volume. SIGNALS There are also signals that will be given when the current candle is in the cloud, the candle is going in the same direction as the cloud, the MA #2 and MA #3 is going in the same direction and a volume spike is detected. These help you identify good entries when markets are trending. Be cautious of these signals when the trend is sideways and not clearly moving in one direction. The signals can be turned on or off in the settings. SQUEEZE Many times when moving averages squeeze together, a big move happens shortly after. Because of this I added a yellow background color when a squeeze is detected. It looks at the median value difference of the MA #2 and MA #3 and if the current value difference is less than the median multiplied by the multiplier in the settings then it will change the background color to notify you. The default value of the multiplier is .6, meaning the squeeze signal will only show if the current value difference of the cloud is less than .6 of the median difference. The multiplier can be adjusted in the settings to suit your preferences. Lower values will only show tighter squeezes. MARKETS This indicator can be used on all markets including stocks, crypto, futures and forex. TIMEFRAMES This indicator can be used on all timeframes. PAIRINGS We recommend pairing this combined moving average with Trend Friend Swing Trade And Scalp Signals for extra confluence. Look for price to bounce in the cloud with good volume and a confirming signal from Trend Friend for highly probable moves.
Pine Script™ indicator
by FriendOfTheTrend
4
Screener _-_ FVVO by SavosRUIt is my first attempt to make SCREENER Screener by 20 coins to detect Filter of Volatility Oscilator & Volume Threshold Now - without ALERTS! But it will be added ASAP... ================== Это первая моя попытка сделать СКРИНЕР. Проверяет наличие сигнала всплеска волатильности и объема на 20 монетах. Монеты - настраиваются. Алерты - пока отсутствуют, но планируются в будущем.
Pine Script™ indicator
by SavosRU
2
Fusion Oscillator (COMBINED RSI+MFI+MACD+CCI+TSI+RVI)The Fusion Oscillator aggregates several extremely-similar directional oscillators (RSI, MFI, MACD, CCI, TSI, RVI) into one average to visualize indicator agreement. To do this, I normalized several oscillators between to ensure equal weight. The white line is the directional oscillator . The yellow line (turned off) is the nondirectional oscillator - namely, the ADX and ATR - this determines the buy/sell signals in conjunction with overbought/oversold levels for the directional oscillator. The overall length is the sensitivity of the oscillator, not the lookback period. The maximum that works on the default settings is 3. Higher means less sensitive and more accurate. I hope you all find this useful!
Pine Script™ indicator
by wbburgin
27
GIRISH indicatorHello traders, This indicator is the enhancement to my previous indicator (RSI+OBV). There is combined RSI and OBV with DMI. This new indicator is combination of RSI and OBV with VWAP . I have been using this indicator for intraday trades in NIFTY & BANKNIFTY . The white line indicates the movement of VWAP wrt current price. There default range for this has been defined as -40 to 40 . Entry for long: When white line goes below -40, we need to wait for green background. Entry has to be taken when green background appears. If price goes below the entry point, averaging can be done once. Price will surely go long and give us good profit. Entry for short: When white line goes above 40 , we need to wait for red background (if darker red comes, it is better) . Entry has to be taken when red background appears. If price goes above the entry point, averaging can be done once. Price will surely go down and give us good profit on short side. PS: Please do back testing in chart before taking trades.
Pine Script™ indicator
by email_analysts
3
VWAP Market Session AnchoredVWAP Market Session Anchored differs from the traditional VWAP or VWAP Auto Anchored indicator in that the Volume Weighted Average Price calculation is automatically anchored to four major market session starts: Sydney, London, Tokyo, New York. Settings Source: the source for the VWAP calculation. Offset: changing this number will move the VWAP either Forwards or Backwards, relative to the current market. Zero is the default. Band: enabling this will show Standard Deviation bands. Band Multiplier: the value the Standard Deviation bands will be multiplied by before being plotted on the chart. Sessions : enabling the sessions will plot the respective anchored VWAP on chart. Custom: enabling this will show a custom user-defined session. Custom UTC : the custom session is defined by a starting UTC hour followed by the ending UTC hour. Usage Similar to the traditional VWAP, VWAP Market Session Anchored is a technical analysis tool used to measure the average price weighted by volume. VWAP Market Session Anchored can be used to identify the trend during a specific market session. Limitations When setting a custom session, be mindful that calculations are based off of the Coordinated Universal Time (UTC) time, you must convert your local time zone to UTC in order to have an accurate representation of your custom session. It is not recommended to use this indicator on timeframes above 1 hour as market sessions only last a few hours.
Pine Script™ indicator
by DeltaSeek
7
Volume RSIThis is an indicator that shows the inflow and outflow of volume into a financial instrument. Volume is likely one of the most underrated source of data in trading unfortunately so there seems to be a lack of studies on it. The size of the candle is related to the strength of the move. The calculations for this are: cumulative sum of +volume if open < close OR -volume if open > close. This has been now transformed into an rsi style indicator to give a distinct advantage (or atleast thats the idea). The idea is that we take rsi of candles so we might as well take the rsi of volume candles. As far as I can tell it is faster/its own thing compared to regular rsi. I ave also added a smoothing option. Dont forget you can change the settings and you wont die. Thank you for your interest in this release I hope you find great piles of money with it. link to the script I used to make this
Pine Script™ indicator
by The_Peaceful_Lizard
2
Volume Candles Standardized (VCS)This is an indicator that shows the inflow and outflow of volume into a financial instrument. Volume is likely one of the most underrated source of data in trading unfortunately so there seems to be a lack of studies on it. The size of the candle is related to the strength of the move. The calculations for this are: cumulative sum of +volume if open < close OR -volume if open > close. I have added percentile bands so you know where the neutral zones and strong zones are. Interestingly you can also see what the volume is doing by watching where the neutral zone is. If the volume is in the red or green it is a strong move. This is standardized to make it more useful. Now you can see where the exhaustion points are on the short term. Dont forget you can change the settings and you wont die. Thank you for your interest in this release I hope you find great piles of money with it.
Pine Script™ indicator
by The_Peaceful_Lizard
11
Up/Down Vol RatioThe Up/Down Volume Ratio is a tool utilized by investors.com. They describe it as "A 50-day ratio that is derived by dividing total volume on up days by the total volume on down days. A ratio greater than 1.0 implies positive demand for a stock." It is best used to confirm buying or selling pressure in your stock in conjunction with price analysis. Acknowledgment The formula is obtained from the investors.com education section: education.investors.com Thank you to @JohnMuchow for upgrading my code for best practices when publishing.
Pine Script™ indicator
by CarusoInsights
17
Volume Profile Volume Delta OI Delta [Kioseff Trading]Hello! This script serves to distinguish volume delta for any asset and open interest delta for Binance perpetual futures. The image above provides further explanation of functionality and color correspondence. The image above shows the indicator calculating volume at each tick level and displaying the metric. The label color outline (neon effect) is configurable; the image above is absent the feature. The image above shows Open Interest (OI) Delta calculated - similar to how the script calculates volume delta - for a Binance Perpetual Future pair. This feature only works for Binance Futures pairs; the script will not load when trying to calculate OI Delta on other assets. Additionally, a heatmap is displayable should you configure the indicator to calculate it. The image above shows a heatmap using volume delta calculations. The image above shows a heatmap using OI delta calculations. Of course, these calculations - when absent requisite data - require some assumptions to better replicate calculations with access to requisite data. The indicator assumes a 60/40 split when a tick level is traded at and only one metric - "buy volume" or "sell volume" is recorded. This means there shouldn't be any levels recorded where "buy volume" is greater than 0 and "sell volume" equals 0 and vice versa. While this assumption was performed arbitrarily, it may help better replicate volume delta and OI delta calculations seen on other charting platforms. This option is configurable; you can select to have the script not assume a 60/40 split and instead record volume "as is" at the corresponding tick level. The script also divides volume and open interest if a one-minute bar violates multiple tick levels. The volume or open interest generated on the one-minute bar will be divided by the number of tick levels it exceeds. The results are, subsequently, appended to the violated tick levels. Further, the script can be set to recalculate after a user-defined time threshold is exceeded. You can also define the percentage or tick distance between levels. Also, it'd be great if this indicator can nicely replicate volume delta indicators on other charting platforms. If you've any ideas on how price action can be used to better assume volume at the corresponding price area please let me know! Thank you (:
Pine Script™ indicator
by KioseffTrading
123
Movement Polarization (MoP)This shows the negative or positive charge of price movement and volume . The "Polarization" shows how much negativity or positivity the movement of the price and volume have. IMPORTANT: Use with crypto currencies only is highly recommended. If the volume in a currency is not visible, adjust the "Factor" number higher in the "Inputs" tab. Adjust it until there is a balance between the vertical spread of the volume and polarization. There will be a noticeable jump in the scale of the indicator if it is set too high. The "Factor" is scaled at a baseline for SHIB prices. Any lower price scales than SHIB's will not show the volume . Version: This is a forked codebase to conserve the functionality of "RSI TV". The "RSI TV" focuses only on the RSI trend, this focuses on price and volume movement. As such, there is no need for the MA of the RSI. Also, the TV Line from the "RSI TV" is used to show polarization of movement in this context. The Trend Veracity line from the "RSI TV" has a broad scope in verifying different, particular trends, not just the RSI trend. The RSI, volume, and polarization are all conveniently placed within the same scale to facilitate longer-term trading with price action. See also: "RSI TV" . How this indicator is original; what it does, and how it does it: This indicator has an original, unique ability to give the volume a further-projecting forecast. The MoP does this by placing the volume on a vertical scale. It then compares it to a polarization level. This gives 3 reference points: 1) Past data of volume, 2) volume vertical thresholds, and 3) polarization levels. The volume by itself has no reference but its own past data. This gives a short-sighted forecast. How to use it: Useful with a trend finding indicator and price-action trading. See notes in picture above (scroll chart left to see first note). Extra indicator shown in chart is an adjusted "ARL Bands" . 1) A condensing of volume and polarization usually means that an uptrend will soon turn. 2) A widening of volume and polarization usually means that a downtrend will soon turn. 3) A weak uptrend is indicated when volume falls while low, positive polarization also falls. 4) A growing uptrend is indicated when volume and positive polarization grow together. 5) Overlapping volume and positive polarization usually signifies oncoming peaks.
Pine Script™ indicator
by More-Than-Enough