Multi-MA Volume Oscillator with IntraDayTo learn how to read indicator, please refer to
This version combines all major MA's in a Volume Oscillator formula. It then takes the average of all and applies alert conditions.
It also includes Intra-Day trading for each major volume zone - Asia/Europe/USA
Please adjust timing to your local time. Tradingview's time system seems to be 'buggy'. Don't be shocked to find it shift for some weird reason.
X-volume
Njord - Hidden Volume Divergence Hi guys,
Been a while since I published something but here we go! Njord is a pure volume indicator focused on predicting large movements in price and its direction based on hidden divergences in underlying price and volume structures. Exchanges do not give us the split between buy/sell volume but we can infer from candles and its underlying volume , what the market may do in the short term.
The indicator is split into two primary sections, one shows the overall volume we are observing across multiple time frames as bullish and bearish waves. The first wave renders the real change in volume with a backing EMA wave of the first to show that rate of change up and down.
The bottom half of the indicator has "signals" or dots printed to inform you of larger moves coming, always with the dominant side. A green dot will see a surge in price up and a red dot will see us drop . The higher the time-frame the larger the move will be.
I found most success with this indicator flipping from the 4h - 1h - 15m and when all are aligned, dots can be used as reactive signals on the 15m and 1h.
Slow Volume Oscillator Indicator - Just a Better Way To TradeThis script is nothing new. However, I feel that traders do not know the full potential it can provide if they just increase the lookback periods.
Tradingview's default Vol Osc uses a fast setting of 5 and a slow setting of 10. It just paints pointless scribbling. Slow all your indicators down and wake up to a whole new world of Technical Analysis.
To create consistency with variables I typically use Fib numbers for lookback periods. (3,5,8,13,21,34,55,89,144,233,377,610,987)
As noted in chart. An increase in volume can be either bullish or bearish. It's up to you to decide which way price action will move.
If you use with other indicators you can create more confirmations.
More confirmations = peace of mind
My favorite indicators are (Detrended Price Oscillator, Momentum, MACD, Chaikin Money Flow, Ultimate Oscillator, and this Volume Oscillator)
Here is just one example of MACD strategy indicator that can be used with this Vol Oscillator
JLines-based AlertsThis a work in progress!
Goal is to generate alerts based on a variety of conditions. Conditions include:
Volume Spike
Crossing EMA 72/89 (JTrader's - JLines)
Crossing Dynamic Bull/Bear Flags
Volume Effectiveness [BigBitsIO]This Volume Effectiveness indicator is designed to allow users to try and identify how effective volume is on each candle, and smoothing those values over time to try to find trends.
Volume Effectiveness is the % change in price for each single unit of volume on the associated candle. The value can be positive or negative, but there is an option to just monitor an absolute value.
Features:
- Volume Effectiveness
- Toggle if Volume Effectiveness should be an absolute value
- Toggle visibility of bars
- Smoothed moving average of Volume Effectiveness
- Adjustable period on the smoothed moving average
- Several moving average types available to use for the smoothed moving average
- Toggle visibility of smoothed moving average
Volume Price ROC Tracker and Shadow CandlesWhen price goes up on negative volume, then market is telling there is doubts in investors mind.
The SPX upside recent month was a on. Lower volume so, the rally in my view will not last. Read my articles on current market.
This very simple scripts shows if price drop or gain was on a upside volume or down side. It is a visual track on the candle reflecting the volume ROC overlapped as a price movement on the actual candle. So don't mistake it with a moving average. Red means volume was down even if price has gone up. Basically if a price goes up on a increase ROC volume then you can trust it. Otherwise it is likely that it won't last.
If you can improve on this idea, it would be great. I think there is not enough volume related scripts that diggs a bit deeper to describe the market behaviour in the future. After all all technical analysis are supposed to tell us about future price not just how it was in the past.
MaVVolume is integral to our trend trading strategies. Displays volume which can be colour coded. The script in for Dynamic Trader L3 members only.
Volume Flow v2Added ATR to dead zone line, slope color to explosion line and buy/sell signals below.
Ported to pine script v4.
Rainbow Force - Multi Timeframe [WYCKOFF ARSENAL]🌈 Rainbow Force - Multi Timeframe WYCKOFF ARSENAL
The purpose of the Force is to provide an indication of the pressure being applied to push the market lower or the pull being applied to the market to pull it higher.
The Rainbow Force can be used on any available timeframes and assets with volume data .
It is a combination of Force instances of different lengths that are plotted on the same chart.
The confluence zones can hint at a price reversal and help estimate the trend strength.
The Rainbow Force can be combined with other technical analysis tools as a trend-following indicator.
When the trend is strong and the other indicators used to determine entry points send a bullish or a bearish signal, a position can be opened.
When the trend is weak, opening new positions should not be to consider.
The Rainbow Force can also be used on its own. The angles of the Rainbow will hint at the trend strength.
The steeper the curve, the stronger the trend. The flatter the curve, the weaker the trend.
A Buy position can be opened in the beginning of a strong positive trend .
A Sell position can be opened in the beginning of a strong negative trend .
During a strong trend, short-lived retracements can be found, and it is possible to enter a position in the direction of the general trend against the retracement.
The Rainbow mode can be experienced with the Multi RSI indicator as well.
Related tools :
▪ Optimism Pessimism
▪ Force
- 🌈 Rainbow Force ◄
▪ Technometer
- 🌈 Rainbow Technometer
▪ Momentum
- 🌈 Rainbow Momentum
▪ Market Screener
Relative Volume RVOL AlertsRelative Volume or RVOL is an indicator used to help determine the amount of volume change over a given period of time.
It is often used to help traders determine how in-play a ticker is.
General rule of thumb is the higher the RVOL, the more in play a stock is.
I myself like to use it as a substitute of the volume indicator itself.
Basic Calculation:
Relative Volume = Current Volume / Average Volume
Crossover Signals:
Any time there is a volume spike which causes a crossover of the user set 'Smoothed Moving Average' or 'Threshold' a green/red dot will appear at the top. The color of the dot is dependent on closing of the candle. Therefore it does not necessarily mean price will continue in that direction since volume spikes often happen in peaks or valleys.
Threshold:
The level at which custom alerts and signal can be set. The higher the value, the more volume required to trigger.
Built in Alerts:
You can set custom alerts for the crossovers of the adjustable threshold, or the average RVOL band.
Vol%ChangeLike its companion study, Bar%Change , this is a visual study to hilight the change in volume by percentage. the percentages are calculated by the duration of the momentum. This study is not designed for automated trading.
The triangles show buys/sells on the basis of momentum. Buys occur below momentum, while sells occur above.
Percentages are shown in red if closing less then opening or closing less then previous closing, otherwise green.
Buying and selling changes in volume percentages are user configurable.
VRSI-MARSI StrategyI wanted to create an indicator which resembles price movement, aside to volume movement.
The "yellow-blue" line is the MA(5) of the RSI (9) of closing price.
The "orange" line is the MA(5) of the RSI (9) of Volume .
(Default plot of RSI and VRSI is not visible but can be made visible ("Settings" > "Style" > set "Opacity" of "RSI & VRSI"))
The Long (Buy) condition is triggered when the MA(5) of the RSI (9, close) goes up.
The Short (Sell) condition is triggered when the MA(5) of the RSI (9, close) goes down.
Comparing the price movement with the "orange" Volume line helps to spot a possible trend change,
for example when price goes up and an ascending Volume line starts to flatten or starts descending,
this could be a sign that the Bullish trend is weakening, predicting a possible trend change.
Or, when for example a downwards price movement is accompanied with a rising Volume line, this can be a sign of large Bearish power.
Because it still is a RSI indicator, the midline (50), and Oversold/Overbought area's (20-30 & 70-80) are important to watch, especially the MARSI!
A second strategy is made (VRSI-MARSI Strategy 2) where the Long/Short condition is triggered when "MA RSI (close) - MA RSI ( Volume )" crosses.
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The Long & Short entries, as well as the Entry Close are visible 1 bar after the trigger.
When the blue line changes in a yellow line (and vice versa) it will show a candle earlier (see yellow dashed lines = (1)).
Also, the condition is fulfilled when the candle closes (2), but the order doesn't take place in the same bar, but the next (3).
Because this is a strategy the "actual Order" will not take place at the "Close" of the candle (2), but at the "Open" at the NEXT candle (3).
I also have this strategy as a study (A+B), where the "Buy" & "Sell" shows a candle earlier.
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The entries are default 5% of equity, without pyramiding, which already gives large profits.
A large part of the profit is because of the Entry Close of the Long & Short entries.
You can easily turn these off (Settings > Inputs) to see what profit the strategy gives without Entry Close.
Here they are disabled:
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More information available in the script ;-)
VRSI-MARSI AI wanted to create an indicator which resembles price movement, aside to volume movement.
MARSI (= MA RSI(close)) = "yellow-blue" line which is the MA(5) of the RSI (9) of closing price.
VRSI (= MA RSI(Volume)) = "orange" line which is the MA(5) of the RSI (9) of Volume .
(Default plot of RSI and VRSI is not visible but can be made visible ("Settings" > "Style" > set "Opacity" of "RSI & VRSI"))
Because it still is a RSI indicator, the midline (50), and Oversold/Overbought area's (20-30 & 70-80) are important to watch, especially the MARSI!
Comparing the price movement with the "orange" Volume VRSI line helps to spot a possible trend change,
for example when price goes up and an ascending Volume VRSI line starts to flatten or starts descending,
this could be a sign that the Bullish trend is weakening, predicting a possible trend change.
Or, when for example a downwards price movement is accompanied with a rising Volume VRSI line, this can be a sign of large Bearish power.
This study comes with Bollinger Bands as an assisting tool, it is default made not visible but can be made visible
("settings" > "style" > Set "Opacity" of "basis, upper & lower")
You can see where the MARSI ("yellow-blue" line) crosses the "basis", or bounces off the bands, ...
All this is seen in "VRSI-MARSI B"
"VRSI-MARSI A" contains the alerts:
1) Long/Short = "Triangle UP/DOWN", color: lime/red
Condition: Movement of MA(5) of RSI (9) of price (close )
2) Long2/Short2 = ">", color: lime/red
Condition: Long/Short condition is true for 2 or more bars (= continuation)
3) Long3/Short3 = "•", color: lime/red
Condition: MA RSI (Close) crosses MA RSI ( Volume )
1 or more alerts can easily be disabled if desired (settings > inputs)
Thanks!
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More information available in the script ;-)
VRSI-MARSI BI wanted to create an indicator which resembles price movement, aside to volume movement.
MARSI (= MA RSI(close)) = "yellow-blue" line which is the MA(5) of the RSI (9) of closing price.
VRSI (= MA RSI(Volume)) = "orange" line which is the MA(5) of the RSI (9) of Volume .
(Default plot of RSI and VRSI is not visible but can be made visible ("Settings" > "Style" > set "Opacity" of "RSI & VRSI"))
Because it still is a RSI indicator, the midline (50), and Oversold/Overbought area's (20-30 & 70-80) are important to watch, especially the MARSI!
Comparing the price movement with the "orange" Volume VRSI line helps to spot a possible trend change,
for example when price goes up and an ascending Volume VRSI line starts to flatten or starts descending,
this could be a sign that the Bullish trend is weakening, predicting a possible trend change.
Or, when for example a downwards price movement is accompanied with a rising Volume VRSI line, this can be a sign of large Bearish power.
This study comes with Bollinger Bands as an assisting tool, it is default made not visible but can be made visible
("settings" > "style" > Set "Opacity" of "basis, upper & lower")
You can see where the MARSI ("yellow-blue" line) crosses the "basis", or bounces off the bands, ...
All this is seen in "VRSI-MARSI B"
"VRSI-MARSI A" contains the alerts:
1) Long/Short = "Triangle UP/DOWN", color: lime/red
Condition: Movement of MA(5) of RSI (9) of price (close )
2) Long2/Short2 = ">", color: lime/red
Condition: Long/Short condition is true for 2 or more bars (= continuation)
3) Long3/Short3 = "•", color: lime/red
Condition: MA RSI (Close) crosses MA RSI ( Volume )
1 or more alerts can easily be disabled if desired (settings > inputs)
Thanks!
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More information available in the script ;-)
Horizontal Volumes v.2 by WentalEng.
This is the second version of the "Horizontal Volumes" indicator.
The indicator shows the distribution of the traded volume by horizontal levels.
It is not authentic horizontal volumes, but works well.
The differences from the previous version are in:
- changing the mechanism of drawing lines;
- the introduction of new features;
- the possibility of using the interval in the past.
Main inputs:
Start position = 5...4999 - the position of the candle relative to the present moment
Length = 5...1200 - number of candles for which calculation will be made
The longer the length value, the longer it takes to compute and can be significant!
Length = 100 ===> time =~10 sec.
Length = 500 ===> time =~40 sec.
Length = 1000 ===> time =~75 sec. but it might not work at all
Therefore, it is better not to specify a large length value.
To increase the measured range, it is better to switch to a higher timeframe.
Rus .
Это вторая версия моего индикатора для отображения горизонтальных объёмов "Horizontal Volumes".
Горизонтальные объёмы не настоящие, а преобразованы из обычных вертикальных. Работают отлично. )
Отличия от предыдущей версии заключаются в:
- изменении механизма отрисовки линий;
- введении новых пользовательских настроек;
- возможности использования интервала в прошлом.
Главные параметры:
Start position = 5...4999 - позиция свечи для начала отсчёта относительно настоящего момента (текущей свечи)
Length = 5...1200 - число свечей для которых будет производиться вычисление объёма
Индикатор тратит много времени на вычисления и отрисовку!
Length = 100 ===> время через которое появится результат =~10 секунд.
Length = 500 ===> время через которое появится результат =~40 секунд.
Length = 1000 ===> время через которое появится результат =~75 секунд, но может вообще не появиться и выдать ошибку.
Поэтому лучше не указывать большую величину длины без острой необходимости.
Для увеличения измеряемого диапазона лучше переключиться на таймфрэйм выше.
|-ML-| C4 - Amplified Volume Directional Bias OscillatorThis indicator presents an oscillator that suggests volume directional bias.
Colour switch (blue to ice-blue and red to maroon) confirms oscillator turnaround.
Confirmed divergences flag a trend change that can be used as a trade entry aid.
I suggest changing your candlesticks as follows:
Border: black
Wicks: grey
MARKET VOLUME by BeloTrade (@XeL_Arjona)Indicator to see the market buyers and market sellers.
Important for a sentiment analysis
VoDVo by Solah AzmanVoDVo stand for Volatility Discounted Volume
The indicator examines the abnormality of volatility discounted volume. Several parameters would be applied to make buy signals(green bars) and McGinley crossovers are used to make sell signals(red bars). Please note that sell signals are not meant to be an optimal point, you are advised to use your best judgment to find an optimal price prior to sell signal.
It is designed to accommodate some degree of discretionary decision, hence objects are colour coordinated with traffic light.
Green bars: buy signal: entry recommendation.
Yellow dotted line: please reevaluate your position.
Red bars: sell signal: sell everything! it's too late to get creative.
Neru_VolumeAlert_v3Neru_VolumeAlert_v3
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This indicator let´s you set alerts on different events / changes in the volume, that has been added with standard settings.
You can also see significant changes as labels above the volume itself.
Additionally stochastic RSI is used to filter oversold / overbought conditions.
Added:
Increasing Volume (Bullish + Bearish)
Decreasing Volume ((Bullish + Bearish)
Oversold / Overbought Volume
Standard settings are used, but are adjustable. Suitable for any market.
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Warm regards,
Neru
QuantNomad - Bitcoin NVT/NVTSIn this script I included 2 quite interesting indicators for Bitcoin:
* NVT (Network Value to Transactions Ratio)
* NVTS (NVT Signal)
Both indicators are based on Bitcoin Network Value (Market Cap) and 24h transaction volume.
For both these values I'm using Quandl datasets from Blockchainc.com:
market_cap: QUANDL:BCHAIN/MKTCP
transac_vol: QUANDL:BCHAIN/ETRVU
Calculation for both indicators are pretty simple:
NVT = median(market_cap / transac_vol, 14 bars)
NVTS = market_cap / sma(transac_vol, 90 bars)
NVT and NVTS are cryptocurrency's answers to P/E ratio. They can help you to understand if bitcoin is under/overvalued.
When NVT or NVTS is relatively high it can be a pretty good point to short bitcoin, if it's low it good time to buy bitcoin.
NVT Ratio - was created by Willy Woo
NVT Signal - was created by Dimitry Kalichkin
Because of different sources of transaction volume data, these indicators can differ in values from originals, but magnitude should be the same.
This is a pretty simple example where you can select only static overbought/oversold levels and when indicator will be above/below it you will see in changing in color.
I have many more things in my head how these indicators can be developed further and what strategies can be derived from them, but as is they can be a pretty good base for you. Will share my advanced findings later.
Volume Based Buy and Sell Momentum by 2tmThis is Volume based Buy and Sell Momentum script.
Basically I'd just adjusted PVI and NVI
But It's easy to understand current Volume trends and Momentums
Thank you and Wish your successful investment.
Relative Volume Combined With a Cumulative FunctionHi everyone
The today's script was suggested by a follower.
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1 minute of Knowledge
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Many traders look at volume as a pre-signal that a move may happen.
In trading, some say that "the volume precedes the movement".
This simply means that often volume will increase before a significant move in the stock.
Imagine if a unique trader is buying a crypto/stock. The volume is unlikely to move.
But, if all the mass goes to mass spot buy an asset, then we could see a volume spike announcing a potential upwards move.
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What's the story with that indicator?
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It's an interesting way of presenting the volume data.
Will show the total volume for the selected period.
You can choose between relative and cumulative presentation.
The users can display the consecutive rising volume above the 0 line and the failing volume below that line.
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Mix knowledge with usefulness
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A price making a higher/high (HH) or lower/low (LL) has a real and strong meaning- a HH or LL on a volume has a significant meaning also.
Increasing volume for a stock/crypto, could signify that buyers were willing to purchase a bigger number of shares at a higher price (comparatively to the day before)
Obviously, non-stop crazy buying/shorting won't work at some point - and that "some point" may hurt a bit.
Such volume indicator combined with others like momentum or strength indicators is a nice trading strategy.
The volume announces that a move may happen and the other indicators will confirm the prophecy :)
Peace
Dave
