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X-volume

Volume HIGH/CLIMAX Volume is the number of shares of a security traded during a given period of time. Generally securities with more daily volume are more liquid than those without, since they are more "active". Volume is an important indicator in technical analysis because it is used to measure the relative significance of a market move. The higher the volume during a price move, the more significant the move and the lower the volume during a price move, the less significant the move. A climax occurs at the end of a bull or bear market cycle and is characterized by escalated trading volume and sharp price movements. Climaxes are usually preceded by extreme sentiment readings, either excessive euphoria at market peaks, or excessive pessimism at market bottoms. Essentially, climaxes are a result of a resolution in supply and demand factors. Buying Climaxes One of the clearest signals of the end of a bull market is a buying climax, during which volume escalates to extreme levels and bullish euphoria permeates media coverage of stocks, market indices, or commodities . The key trait of a buying climax is the exhaustion of demand as the last buyers enter the market. The final surge of buying typically leads to price spikes, which may last for days, weeks, or months. As demand wanes, buyers become less willing to pay higher prices. There may be a brief period of stagnation in prices before a combination of profit-taking and new sellers set in motion the start of a sharp reversal. Selling Climaxes The beginning of a selling climax is often signaled by steadily increasing volume on the sell side of the market as growing pessimism accelerates the downtrend. As the selling climax approaches, the last buyers finally capitulate, driving shares sharply lower. Once the supply side of the market abates, demand at support levels can cause the price to level off before a combination of profit-taking and new buyers set in motion the start of a sharp reversal.
Pine Script™ indicator
by Vamshi_yeezy
9
TradeWithAB SignalsThis indicator specifically designed for Momentum trading by an Intraday trader on index( Nifty , BankNifty ) and Equity stocks. This indicator works with DMI and PRICE ACTIONS which gives automated Buy and Sell signals along with Stop loss and Trailing Stop loss when certain criteria are met. It is not a Holy Grail system that gives you continuous profits and it has some limited downfalls also which can be controlled by proper risk Management and position sizing. This is a premium invite only indicator which can be use after given access to you by us. There are some guidelines on how to use this indicator which are given below and you have to follow these guidelines very strictly to get the maximum results. Guidelines :- 1. Default Timeframe - 5 min 2. You have to take almost all the trade generated by this indicator on a particular stock/index for better results. 3. Signal confirmation is required for enter the trade as it will give you maximum profits. 4. GREEN TRIANGLE is represented as BUY Signal whereas RED TRIANGLE is represented as SELL Signal. 5. GREEN ARROW is considered as BUY TRAILING STOP LOSS as well as BUY RE-ENTRY for some scenarios. 6. RED ARROW is considered as SELL TRAILING STOP LOSS and SELL RE-ENTRY for some scenarios. 7. Ignore the signals(if any) of 1st candle(9:15)and last candle(3:25)of the day for better results. BUY Trade Management :- 1. Trade should be initiated if and only if there is a buy signal(Green Triangle) is generated. 2. You should only enter the trade at the CLOSE of the signal generated candle. 3. Your Stop loss should be placed at the LOW of the signal generated candle. 4. There is a trailing Stop loss signal (Green Arrow) after the buying signal is generated. 5. You should trail your Stop loss at the LOW of the trailing Stop loss signal generated candle. 6. You should trail your Stop loss repeatedly until your trailing Stop loss got hit and hence Exit your buy trade. 7. After Exiting the trade you always have option to re-enter at the next trailing Stop loss signal(green arrow) generated candle CLOSE and put your Stop loss at LOW of that candle and repeat the same trailing stop loss procedures. SELL Trade Management :- 1. Trade should be initiated if and only if there is a sell signal(Red Triangle) is generated. 2. You should only enter the trade at the CLOSE of the signal generated candle. 3. Your Stop loss should be placed at the HIGH of the signal generated candle. 4. There is a trailing Stop loss signal (Red Arrow) after the selling signal is generated. 5. You should trail your Stop loss at the HIGH of the trailing Stop loss signal generated candle. 6. You should trail your Stop loss repeatedly until your trailing Stop loss got hit and hence Exit your sell trade. 7. After Exiting the trade you have always option to re-enter at the next trailing Stop loss signal(red arrow) generated candle CLOSE and put your Stop loss at HIGH of that candle and repeat the same trailing stop loss procedures. Disclaimer :- *I am not a SEBI Registered Analyst and shall not be liable for any profit, loss or liability resulting, directly or indirectly from the use and results of the indicator. This is not a Holy Grail setup, sometimes the traders hit Stop loss and sometimes it gives amazing results as well. Instructions to access to this invite-only script:- *Send us a message if you wish to gain access to this indicator. The subscribers will get benefits of any future development or updates in the current script without any extra charges. Other trading style like swing and positional trading will also available in future updates.
Pine Script™ indicator
by Trade_With_AB
NIFTY IT volumeKEY TAKEAWAYS -Uses NIFTY IT Index Stocks Volume . -NIFTY IT Volume Indicator is created by adding all 10 NIFTY IT Stocks Volume together. -NIFTY IT Volume will be an important indicator in NIFTY IT Index technical analysis because it is used to measure the relative significance of a market move. -The higher the volume during a NIFTY IT index price move, the more significant the move and the lower the volume during a NIFTY IT index price move, the less significant the move. -Moving Average is also added.
Pine Script™ indicator
by bullseyetrading_lko
FinNifty VolumesKEY TAKEAWAYS -Uses FinNifty Index Stocks Volume . -FinNifty Volume Indicator is created by adding all 20 FinNifty Stocks Volume together. -FinNifty Volume will be an important indicator in FinNifty Index technical analysis because it is used to measure the relative significance of a market move. -The higher the volume during a FinNiftyy index price move, the more significant the move and the lower the volume during a FinNifty index price move, the less significant the move. -Moving Average is also added.
Pine Script™ indicator
by bullseyetrading_lko
1
Volume Weighted Reversal BandsThis is a vwap & vwma hybrid with upper & lower deviation bands that provide excellent price channels and reversal areas. It can be used on lower & higher timeframes, just increase the deviation % for higher timeframes. Try out the 1 minute timeframe with .5% deviation for great scalping levels. Here is the calculation used for the main line. (VWMA100 + VWMA500 + VWMA1000 + VWAP) / 4 So it combines 3 VWMAs with the VWAP and divides that number by 4 to give us a moving average. Then we add new levels above and below that moving average to get our channels. The channels are separated by the % deviation you choose in the settings. For tighter bands, lower the percentage deviation and for wider bands, increase the percentage deviation. The fattest line in the middle is the main moving average and you can expect price to regularly return to this level. The thick lines are the main moving average plus or minus the percentage deviation you have set. There are 10 levels in each direction from the main moving average. The is also a thin short term moving average as well with a custom calculation. It takes 4 different length moving averages that are weighted and 4 more that are volume weighted and divides the total by 8.The lines will be green when price is above the line and red when price is below the line. The thin white line is the VWAP on its own. These lines will act as dynamic support and resistance so you can scalp them back and forth. These levels work so well because they are volume weighted and the algos hedge their positions back and forth constantly. For best results, use this indicator on tickers with the highest volume and trading action as the price will stick to these levels better when the big money players are hedging. Some great tickers for this indicator are APPL, SPY, BTC, ETH. All colors and linewidths can be customized in the settings easily as well as turning off the VWAP or short moving average and adjusting the percentage deviation for the channels. ***MARKETS*** This indicator can be used on all markets, including stocks, crypto, futures and forex. ***TIMEFRAMES*** This indicator can be used on all timeframes. ***TIPS*** Try using numerous indicators of ours on your chart for extra confirmation. Our favorites to pair with these bands are the Scalper Ribbon and Trend Friend Signals. The 3 combined give you a lot of extra confirmation on whether the market is going to reverse at these levels.
Pine Script™ indicator
by FriendOfTheTrend
4
MFI + Realtime DivergencesMoney Flow Index (MFI) + Realtime Divergences + Alerts This version of the MFI indicator adds the following 5 additional features to the stock MFI: - Optional divergence lines drawn directly onto the oscillator in realtime. - Configurable alerts to notify you when divergences occur. - Configurable lookback periods to fine tune the divergences drawn in order to suit different trading styles and timeframes, including the ability to enable automatic adjustment of pivot period per chart timeframe. - Background colouring option to indicate when the MFI oscillator has crossed above or below its centerline, or optionally when both the MFI has crossed its centerline and an external oscillator, which can be linked via the settings, has also crossed its centerline. - Alternate timeframe feature allows you to configure the oscillator to use data from a different timeframe than the chart it is loaded on. This indicator adds additional features onto the standard MFI , whose core calculations remain unchanged. Namely the configurable option to automatically, quickly and clearly draw divergence lines onto the oscillator for you as they occur in realtime. It also has the addition of unique alerts, so you can be notified when divergences occur without spending all day watching the charts. Furthermore, this version of the TSI comes with configurable lookback periods, which can be configured in order to adjust the sensitivity of the divergences, in order to suit shorter or higher timeframe trading approaches. What is the Money Flow Index ( MFI )? Investopedia describes the True Strength Indicator as follows: “The Money Flow Index ( MFI ) is a technical oscillator that uses price and volume data for identifying overbought or oversold signals in an asset. It can also be used to spot divergences which warn of a trend change in price. The oscillator moves between 0 and 100. Unlike conventional oscillators such as the Relative Strength Index ( RSI ), the Money Flow Index incorporates both price and volume data, as opposed to just price. For this reason, some analysts call MFI the volume-weighted RSI .” What are divergences? Divergence is when the price of an asset is moving in the opposite direction of a technical indicator, such as an oscillator, or is moving contrary to other data. Divergence warns that the current price trend may be weakening, and in some cases may lead to the price changing direction. There are 4 main types of divergence, which are split into 2 categories; regular divergences and hidden divergences. Regular divergences indicate possible trend reversals, and hidden divergences indicate possible trend continuation. Regular bullish divergence: An indication of a potential trend reversal, from the current downtrend, to an uptrend. Regular bearish divergence: An indication of a potential trend reversal, from the current uptrend, to a downtrend. Hidden bullish divergence: An indication of a potential uptrend continuation. Hidden bearish divergence: An indication of a potential downtrend continuation. Setting alerts. With this indicator you can set alerts to notify you when any/all of the above types of divergences occur, on any chart timeframe you choose. Configurable pivot periods. You can adjust the default pivot periods to suit your prefered trading style and timeframe. If you like to trade a shorter time frame, lowering the default lookback values will make the divergences drawn more sensitive to short term price action. How do traders use divergences in their trading? A divergence is considered a leading indicator in technical analysis , meaning it has the ability to indicate a potential price move in the short term future. Hidden bullish and hidden bearish divergences, which indicate a potential continuation of the current trend are sometimes considered a good place for traders to begin, since trend continuation occurs more frequently than reversals, or trend changes. When trading regular bullish divergences and regular bearish divergences, which are indications of a trend reversal, the probability of it doing so may increase when these occur at a strong support or resistance level . A common mistake new traders make is to get into a regular divergence trade too early, assuming it will immediately reverse, but these can continue to form for some time before the trend eventually changes, by using forms of support or resistance as an added confluence, such as when price reaches a moving average, the success rate when trading these patterns may increase. Typically, traders will manually draw lines across the swing highs and swing lows of both the price chart and the oscillator to see whether they appear to present a divergence, this indicator will draw them for you, quickly and clearly, and can notify you when they occur. Disclaimer: This script includes code from the stock MFI by Tradingview as well as the Divergence for Many Indicators v4 by LonesomeTheBlue.
Pine Script™ indicator
by PHVNTOM_TRADER
3
VWAP Anchored Date with multiplierA modified version from the default VWAP indicator with 2 major enhancements: 1- Start date: instead of being limited to applying the indicator on the entire chart, this script allows you to select the start time to show the VWAP. You can also use this option to show VWAP on an instrument starting from a specific time, all time high for example. 2- Multiplier: You can choose a period multiplier for VWAP, like 2 days, 4 month, 3 years and so on
Pine Script™ indicator
by majalad
2
Pocket Pivot with extrapolated Volume and Moving AveragesThe script shows historical pocket pivots, much as other scripts with a green diamond shape on the volume pane. When the market is open, the current bar, however, is extrapolated to the end of the day using a sixth-order polynomial. Thus real-time pocket pivots are shown. To work properly, the user must input a time-zone offset parameter; the default is west coast USA. Time-zone offset is -12 hours to +12 hours compared to the NYSE exchange time zone (USA west coast: -3.) The volume extrapolation polynomial is based on a historical NASDAQ intraday volume model developed locally by a team. Only ten-day lookback pocket pivots are computed as defined initially by Dr. Chris Kacher. (The default lookback can be changed by the user.) Only pocket pivots are shown where the low of the daily bar is within user-defined proximity to the 50-day moving average or 10-day moving average (for continuation pocket pivots.)
Pine Script™ indicator
by jmikes
⚖ Volume BUYxSELL Pressure | by Octopu$⚖ Volume BUYxSELL Pressure | by Octopu$ Volume is the number of shares traded in a particular stock, index, or other investment over a specific period of time. It can indicate market strength, as rising markets on increasing volume are typically viewed as strong and healthy. In fact, the more, the better. Institutions tend to get more involved in a stock with daily dollar volume in the hundreds of millions or more But also, when prices fall on increasing volume, the trend is gathering strength to the downside. That's where BUYxSELL Pressure | by Octopu$ comes in. Typically, Volume bars follow the candles. If the Candle is Green (Close > Open), the Volume Bar is also Green. Now if the Candle is Red (Close < Open) the Volume Bar is also Red. You never know if it is being Bought or Sold. This changes the game: along with Price Action, Trend Direction, and other factors. This is possible! This indicator is composed of: Volume itself (all of it), displayed by Gray bars; Identifies Buying Pressure on Green Bars; And Selling Pressure with Red Bars. Volume Average as a White Line, for the last "X" Days Additionally, It presents a Yellow Triangle as and indication of when the Volume is above the Average in the current TF you are in. Additionally, this can be set up via an Input: Means if you like to watch it 10% above Average, you got it. 25%? 50%?... You name it. On top of that, Includes an indication for Volume Spike as well. So if informs you visually on the Volume Bars of any surges on the TF you are in. For example: 2x the Volume from the last Candle. Or maybe 3x? 5x... The way you like it the best. This way, with the combination of your understanding as well as other Indicator and Factor as Confluence, you can improve your analysis and figure out what is going on. www.tradingview.com (SPY 5m as an example only) SPY Features: • Total Volume • Average Volume • Buying Pressure • Selling Pressure • % Above Average • Volume Spike/Surge (Multiplier) • Custom Settings Options: • Show/Hide Average Line • Change Length of Average (Days) • Select/Personalize % of Above Avg • Add Personalized X Multiplier • Fully customizable on Style and Colors • Change shapes and Location Notes: v1.0 Indicator release. Changes and updates can come in the future for additional functionalities or per requests. Follow and Stay Tuned! Did you like it? Please Support and Shoot me a message! I'd appreciate if you dropped by to say thanks! Thank you. - Octopu$ 🐙
Pine Script™ indicator
by IamtheOctopuS
8
[Kronorium] Volume-Based Regime ChangesColor coded indicator that depicts different types of unusual volume activity. Arrows along the top will signify bearish or bullish presence. Blue arrows on the bottom indicate a bullish-regime entering, conversely, red arrows along the top will indicate a bearish-regime entering. Unusual Volume is displayed along the top of the screen as yellow flags. This alert is agnostic-- no particular direction. At this point you must consult moving averages, or other price related indicators to decide a direction. Volume alerts are calculated against the variable "Volume Lookback" -- volume within this window will be referenced against itself. Whenever volume expands or contracts beyond the windowed-range, alerts will be dispatched accordingly in that direction.
Pine Script™ indicator
by thatguyastro
4
Multi-VolumeThis indicator displays volume in several formats: Volume Bar Format: Normal Volume: Shows the normal volume bar colors based on each candle's price direction Up/Down Volume: Breaks down each volume bar into buying volume (volume added when price goes up) and selling volume (volume added when price goes down) Volume Pressure: Breaks down each volume bar based on the length of the candle and its "pressure wick". See below for more information. Flip Down Volume: The down volume bar will be displayed below the center line. Show Delta: When selected with "Up/Down Volume" or "Volume Pressure", a small line will be displayed at the net volume (difference between up and down volume). Projected Volume: Instead of current volume, it will show expected volume at end of candle based on volume per second. Volume Pressure: On a green candle: The red part represents the upper wick, the volume as the price comes back down from its high The green part represents the rest of the candle, the volume as the price goes up from its low to the close On a red candle: The green part represents the lower wick, the volume as the price comes back up from its low The red part represents the rest of the candle, the volume as the price goes down from its high to the close To Update to Latest Version: To update to the latest version, just close the indicator and add it again.
Pine Script™ indicator
by David-Hamilton
7
Candles - The WhaleThe strategy is based on candle patterns, with confluence indicators. Note some of the candles are rare, they can be found only a specific timeframe, or within specific stocks. The added patterns are as follows: - Bullish Engulfing It is formed by two candles, the second candlestick engulfing the first candlestick. The first candle is a bearish candle that indicates the continuation of the downtrend. The second candlestick is a long bullish candle that completely engulfs the first candle and shows that the bulls are back in the market. - Bullish Harami It consists of two candlestick charts, the first candlestick being a tall bearish candle, and the second, being a small bullish candle which should be in the range of the first candlestick. The first bearish candle shows the continuation of the bearish trend and the second candle shows that the bulls are back in the market. - Piercing Line Two candles from it, the first candle being a bearish candle which indicates the continuation of the downtrend. The second candle is a bullish candle that opens the gap down but closes more than 50% of the real body of the previous candle, which shows that the bulls are back in the market and a bullish reversal is going to take place. - Bullish Belt A Bullish Belt Hold, known as “yorikiri” in Japanese, is a single Japanese candlestick pattern that suggests a possible reversal of the current downtrend. - Bullish Kicker A bullish kicker is a two candlestick pattern that’s usually formed after a significant downtrend, but could also appear after an uptrend. - Abandoned Baby The abandoned baby candlestick pattern is a three-bar reversal pattern. It is similar to the morning and evening star formations and is a very reliable reversal signal when it occurs after a sharp rise or drop. - Homing Pigeon The bullish homing pigeon is a two-candle bullish reversal pattern that occurs at the end of a bearish trend. Both candles are negative, but the second candle is confined within the range of the previous candle. - Breakaway Breakaway patterns are multi-candle formations found on Japanese candlestick charts that suggest a market reversal may be in the offing. An actual breakaway is a five candlestick formation that occurs in either an upward or downward trend. - Concealing Baby Swallow The Concealing Baby Swallow candlestick pattern is a four-candlestick pattern that can signal a bullish reversal price movement or a bearish continuation move, depending on where it occurs in the overall market structure. However, the pattern is quite rare, and you may not encounter it in your trading. - Doji Dragonfly A dragonfly doji can be an indicator of a reversal in price. When the price of a security has shown a downward trend, it might signal an upcoming price increase. - Doji Gravestone The Gravestone Doji forms when the price closes at relatively the same level where it opened, providing that the open coincides with the low or at least the two are very close - Doji Star Consists of a long bullish candle, followed by a Doji that gaps up, then a third bearish candle that gaps down and closes well within the body of the first candle. An Evening Doji Star is a three-candle bearish reversal pattern similar to the Evening Star. - Kicker A kicker pattern is a two-bar candlestick pattern that predicts a change in the direction of an asset's price trend. This pattern is characterized by a sharp reversal in price over the span of two candlesticks. Traders use it to determine which group of market participants is in control of the direction. - Ladder Bottom Is a five-candle bullish reversal pattern that occurs at the end of a bullish trend. The four first candles are bearish and followed by a positive candle that starts with a positive gap. - MatHold A bullish pattern begins with a large bullish candle followed by a gap higher and three smaller candles which move lower. - Matching Low A matching low is a bullish two-candle reversal pattern that forms in an ongoing downtrend. As to its appearance, a matching low consists of two candlesticks that are negative, but the close at or around the same price. - Meeting Lines Bullish meeting lines are a two-candle bullish reversal pattern that occurs in a downtrend and signals a reversal of the trend. The first candle of the bullish meeting lines is bearish, and followed by a positive candle that closes very near the close of the previous candle. - Morning Doji Star It is made of 3 candlesticks, the first being a bearish candle, the second, a Doji, and the third being a bullish candle. The first candle shows the continuation of the downtrend. The second candle being a doji indicates indecision in the market. The third bullish candle shows that the bulls are back in the market and a reversal will take place. The second candle should be completely out of the real bodies of the first and third candles. - Rising Three Method1 Rising three methods is a bullish continuation pattern that appears in an ongoing uptrend. The Rising three methods pattern consists of five candles. where the first and last candles are long and bullish, with three small bearish candles in between. - Rising Three Method2 It is the same as "Rising Three Method1" but with a different calculation - Upside Tasuki Gap1 Is a bullish continuation candlestick pattern that forms in an ongoing uptrend. It consists of three candles, where the two first are bullish with a positive gap in-between, and followed by a negative candle that closes in the gap formed between the first two candles. - Upside Tasuki Gap2 It is the same as "Upside Tasuki Gap1" but with a different calculation - Three Line Strike1 Is a four-candle bullish continuation candlestick pattern. It forms a bullish trend and is believed to signal the continuation of the bullish trend. - Three Line Strike2 It is the same as "Three Line Strike2" but with a different calculation The confluence indicators: Movement Averages: multi options checks, you can select what to check to open a position, and the description of each open is in the strategy. Volume Oscillator: positive signal if the volume is above zero. EMA: positive signal if the candle source is above EMA. VWAP: positive signal if the candle source is above VWAP. BTC Trend: it is an equation to track the BTC price movement The profit is based on TSL, while the stop loss is based on ATR, or lowest candle. The recommended time frame is 4 hours.
Pine Script™ strategy
by crypto_tycho
23
Improved Lowry Up-Down Volume + Stocks Indicatordocs.cmtassociation.org In Paul F. Desmond's award winning paper in 2002 entitled "Identifying Bear Market Bottoms and New Bull Markets", he proposed an indicator for panic buying and selling that can be used to determine major market bottoms. The paper explains that in major bear markets, you should have at least one, or more than one multiple 90% down days. Recoveries out of bear markets, or beginnings of new bull markets, should have at least one of the following conditions: 1) At least one 90% up volume day 2) At least two back-to-back 80% up volume days Up and Down volume are defined as: 1) 90% up volume - defined as 90% up volume / total volume (or 10% down volume / total volume) 2) 90% down volume - defined as 90% down volume / total volume (or 10% up volume / total volume) Several scripts exist in Tradingview to show this indicator for Up and Down volume, along with arrows or indicators for green up days or red down days. However, this script is an improved version as it allows you the option to customize a couple parameters: 1) You may chose whether you'd like to use volume or stocks - sometimes it's better to have confluence between volume and actual stocks at the 90% threshold 2) You may chose the exchanges to consider - in the paper the NYSE is discussed, but this allows the expansion into NYSE, NASDAQ, DOW, and even a combined NYSE + NASDAQ + DOW indicator 3) It uniquely codes in the ability to plot a buy signal for both 90% up days, but also two back-to-back 80% up days - which is in the spirit of the original paper I hope you enjoy this script and please let me know if you'd like me to make any modifications or additions. Thank you, sincerely, Jim Bosse
Pine Script™ indicator
by jlb05013
4