Accumulation/Distribution Money Flow [Cyrus c|:D]This indicator should be more accurate than other indicators in its class (including MFI, CMF, ADL, and OBV) for measuring buy/sell pressure, identifying trend change through divergence and calculating Accumulation/Distribution (A/D) level (I will explain why in a separate TA).
This indicator is based on my previous indicator "Accumulation/Distribution Volume". It does not include the volume bars. The volume effect is adjustable as well.
Application:
- Buy/sell pressure: above 0 shows buy pressure, below 0 shows sell pressure.
- Divergence: as shown in the chart above, this indicator diverged from BTC price during swing lows and highs in the shown period.
- Accumulation/distribution: set Aggregation=Sum, Volume Exponent=10 and uncheck Price Factor.
Recommendations:
- Never use SMA
- Use larger length EMA for confirmation of divergence or buy/sell pressure (EMA 27 is equal to RMA 14 which is used in RSI).
. A/D mode is not recommended for hidden divergence.
My Setup:
- I use one instances of this indicator with default settings for buy/sell pressure
- A second instance for A/D level overlaid on the main chart
- One instance of "Accumulation/Distribution Volume" as a replacement for volume indicator
This indicator can also replicate Accumulation/Distribution Line (improved by True Range), On Balance Volume, and Price Volume Trend. Read more details on the description of the previous indicator:
I strongly recommend reading about similar indicators for potential uses e.g. www.tradingview.com(MFI) and www.tradingview.com(PVT)
I will publish a TA about correctly measuring divergence and using these indicators.
Please report any problems you find in the comments.
X-volume
Accumulation/Distribution VolumeThis is a simple yet powerful indicator that can replace volume, Money Flow, Chaikin Money Flow, Price Volume Trend (PVT), Accumulation/Distribution Line (ADL), On Balance Volume (OBV).
When "Baseline Chart" option is disabled, it looks similar to regular volume. The volume bars has two shades of green and red. The dark shade shows amount of accumulation and the light shade shows total volume (what you see on a regular volume indicator). Blue line is the moving average (or cumulative total) of A/D and the gray line is for total volume.
When money volume is enabled, volume it multiplied by price. As you can see in the chart below, trade volume in terms of USD was declining after ATH. This is not the case in regular volume chart which shows instrument volume (chart above).
In Baseline view, the aggregation method you choose can turn it into different indicators. With EMA/SMA aggregation, blue and gray line shows buy/sell pressure. At 0, there is not buy or sell pressure.
If you turn off volume bars (from style menu), it gives you a reliable indicator to measure divergence. This should be more reliable than most other range-bound indicators (i.e. RSI, MFI, CMF). I will publish a TA about correctly measuring divergence (it's a must read even if you are a pro trader). Make sure that the length is set to a large number on smaller TFs such as 4h.
For following results, set aggregation to cumulative and turn off money volume:
When wick weight=0, the GRAY line is identical to OBV indicator.
When normalized by spread and wick weight=10, the BLUE line is identical to ADL (improved by true range).
When normalized by previous bar price, wick weight=0, the BLUE line is identical to PVT.
How I use this indicator:
- Baseline chart, replaced my regular volume indicator
- Mostly 4h TF for divergence
- EMA aggregation (and occasional cumulative aggregation) with length above 50. I change the length to 100 and 200 for confirmation.
- Wick weight=0 or max 2.
With this indicator, you can learn how different indicators are built and how they are different from each other. I will publish a TA to explain more about different indicators and their pros and cons.
I will publish this indicator without volume bars and additional options to make it range bound.
DepthHouse Better VolumeDepthHouse Better Volume takes the standard volume bars and gives it an extreme overhaul.
The brighter colored bars signal strong buying or selling pressure in the market based on the volume.
The small lines within the columns represent the duration of this increased buying and selling volume.
This calculation is based on negative and positive volume flow. These variables are based on the moving average length, type, and percent change.
All of which are user defined.
DepthHouse Better Volume also changes how each bar color is calculated. The traditional calculation is dependent on the open and close of the candle. Whereas this volume indicator calculates the displayed color based on the position of the bar relevant to the last.
The user has the option to turn this feature on or off.
Try this indicator for FREE! Just leave a comment, or feel free to send me a PM
Volume Factored Relative Strength Index (VFRSI)RSI is an indicator that is dependent only on price. I modified RSI to factor in volume as well. On BTC chart presented above, VFRSI is more accurate than RSI in detecting extreme conditions (green line is VFRSI). In some instances, it seems to be better than RSI in detecting divergences as well (scroll to March 2018).
In smaller time frames, it reduces the bart effect present on RSI without compromising responsiveness (unlike moving averages).
Features:
- Parameterized variables
- Includes regular RSI
- Includes an adjustable weight factor to reduce the effect of volume. At 0, it is identical to RSI.
PS: If you have seen a similar indicator, please let me know. Otherwise, this indicator has the potential to replace regular RSI.
Your feedback is very welcome :)
c|:D
Volume/Rsi Overbought/oversoldI present you my last indicator. A volume indicator that indicates overbought and oversold based on the rsi, I chose the rsi because the most used surment, this indicator allows you to identify the overbought and oversold areas of the rsi with the colors blue (oversold) and orange (overbought ) on the volume indicator! Hoping that you are useful
Volatility BalanceThis "Volatility Balance" indicator measures volatility from a different perspective.
It plots both an upside (green) and downside (red) volatility rating as well as a histogram depicting either the difference between the two or the two combined.
First, it calculates the ratio of the candle body (open to close) in relation to the entire candle range (high - low). This is the "candle body size ratio".
Secondly, it calculates the "dominance ratio" of the upside volatility (close - low) or downside volatility (high - close), in relation to the entire candle range (high - low)
Thirdly, it then uses the above values to derive the upside and downside power.
The upside and downside powers are calculated by multiplying the "candle body size ratio" to the upside or downside "dominance ratio" and then to the entire candle range.
It then divides this value by the close of the candle to normalize the overall value. After which it then multiplies this final value by 100, to get a percentage value between 0 - 100%.
It then averages the upside or downside "power value", using a volume-weighted moving average with the averaging period initially set to 7 periods, but this can be altered in the format settings.
The volatility difference or volatility size is displayed as a histogram style behind the green and red upside and downside power lines (depending on which value the user chooses), via an option in the format settings.
The volatility difference is the upside minus the downside and the volatility size is the upside and downside added together.
In case the user wishes to see EACH candle's power value before it has been averaged with volume, there is an option in the format settings to show each candle's upside or downside "power". If this method is chosen, the histogram will be hidden. There are also various check boxes, in case the user wishes to hide any of the plotted values.
The volatility size can determine how much energy has been behind the change in price over the period measured.
The volatility difference can determine how much upwards or downward energy is present within the period measured, in other words, the possible direction.
The use of the candle body ratio helps to determine the balance between upwards and downwards energy. If it is small, then it implies that there is more of a balance between buyers and sellers and therefore less volatility, as the price hasn't moved as much than if the body of the candle was larger. Smaller values indicate that price may not move as much and therefore lock up your funds longer until price starts to move again.
The use of a volume-weighted moving average helps to give higher volume periods more significance towards a possible price shift.
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This indicator was originally inspired by the Profit Trailer Feeder add-on and it's volatility groupings.
If you don't already have the Profit Trailer Feeder add-on to the Profit Trailer software, and you have now decided to get it, please help me out and use my affiliate link below. It won't cost you any extra, but it helps keep the lights on, so I can create more of these indicators.
Kindest Regards
Created 2018 - by @Squiggles#8806
LTC Tip Jar: LX4bUBdjiRPsagUbZoAczSGgDC4YqTJL7w
Profit Trailer Feeder affiliate link: cryptoprofitbot.com
Money Flow Oscillator 2A volume indicator that measures buying and selling pressure over a given lookback period.
As described at traders.com
See also:
- Are price updates a good proxy for actual traded volume in FX?
- Using Tick Volume in Forex: A Clear NVO Based Example
Weis Wave VolumeThis indicator is based on the Weis Wave described by David H. Weis in his book Trades About to Happen: A Modern Adaptation of the Wyckoff Method, more info how to use this indicator can also be found in this video . The Weis Wave is an adaptation of Richard D. Wyckoff’s method Wave Charts. It works in all time periods and can be applied to all asset types. For assets that do not support volume Weis propose in his book to use the true range instead, so if you want to use this indicator for assets that do not support volume, make sure to enable the checkbox "Use True Range instead of Volume".
Unlike other implementations I found here on Trading, this implementation make use of a Renko-like zig zag pattern, very similar to how it is described in David H. Weis' book. The settings for the zig zag pattern are very similar to the standard Renko settings here on TradingView, in the "Renko Assignment Method" you either chose "ATR" or "Traditional" (read more about it here ). The ATR length or the brick size is then entered in the textbox "Value". You can also chose another setting in the "Renko Assignment Method" drop down named "Part of Price" which calculate the brick size from the current close and divide it by the value in the text box "Value". It is also possible to chose if the zig zag pattern shall use the high/low, the open/close or just the close as the most extreme values in its calculation, you select this in the drop down "Price Source". If you want the price to oscillate around a zero value, enable the "Oscillating" checkbox.
TradingView's pine script does currently not support to print non-static text on the chart, so it is not possible at this point to write out the volume on the zig zag chart. It is also not possible to have both an overlay and separate chart pane in the same indicator, therefor this indicator is split up in two.
You can find the zig zag indicator here:
TPA Ultimate Volume for Satoshi ChartIt is a script designed to compare the number of bits coins, dollars, and won exchanged through Satoshi Market trading volume.
Let's try to figure out the amount of trading easily by grasping through other currencies.
After entering the settings after double-clicking, the following four modes can be set.
BTC count
Won trading volume
USD Volume
Original Satoshi Market Volume
Please apply to Satoshi market chart.
Thank you.
// This article may be strange due to the use of Google Translator.
사토시마켓 거래량을 통해 비트코인갯수,달러,원화로 바꾼 거래량을 비교할 수 있도록 고안된 스크립트입니다.
다른 통화를 통한 파악으로 쉽게 거래량을 파악해봅시다.
더블클릭 이후 설정에 들어가면 아래 네가지 모드 세팅이 가능합니다.
BTC갯수
원화 거래량
USD 거래량
원래 사토시마켓 거래량
사토시마켓 차트에 적용해 사용하시기바랍니다.
감사합니다.
Volume_Master_420Volume is a key component to moniter for trading; this indicator has volume and many other key indicators built in
The Aqua and Fuchsia bg colors are multi fisher confluence signals. Aqua ==> long bias; Fuchsia ==> short bias
The blue and red bg colors are when certain 'bar shapes' of volume print with confidence scores (usually good bars to add on a trend)
The white circles are when volume is making highs or lows of 52 periods back
The blue dots below are the 'atlas' signal showing when BBands are shrinking in a statistically significant way ==> large moves incoming
The volume itself is based on trend volume accumulation by just uncle L;
I have added alerts for when the tva flips from - to + (long alert) and the opposite + to - (short alert)
GL HF
xoxo
Snoop
Pump CatcherThis indicator attempts to detect moments of abnormal and accelerating increase in volume. Because pumps happen over short time frames, this script is potentially better used on smaller timeframes (1 - 15 minutes). It takes two inputs: The length of the lookback for the volume rate of change (vroc) calculation (default=20), and The threshold over which a pump is determined to have happened (0-100, default=50). The vroc has been normalised to a result between 0 (no rate of change) and 100 (maximum rate of change the asset has ever undergone to date).
OBV Divergence Alerts (BETA)This Script uses the original code from the 'PPO Divergence alerts' by Scarf
Only difference is the OBV Ocilator by lazybear is used as the input instead.
Adjust the smoothing setting as required to change sensitivity for alerts.
Feel free to contact me if you would like more info.
--SPYDERCRUSHER-- DollarFlow™SPYDERCRUSHER MARKET RESEARCH
There are many markets, strategies, and investment timeframes, but one thing never changes – accurate, timely information makes a huge difference to your bottom line results.
The SPYderCrusher Market Research Analysis Suite takes the guesswork out of price changes with clear, actionable data, supported by extensive quantitative testing. We help make your work easier, your results better, and your insight more precise.
The Analysis Suite was formerly a paid add-on package in direct partnership with TradingView. It was the highest-selling software on the platform for good reason – it’s effective. To expand our data, features, and user-experience, we made the move to host client resources on our own. Becoming a client is easy – just a few clicks at www.scmrtrends.com and you’re activated!
Aside from software access, membership includes:
- Free upgrades
- Interactive video training & documentation
- Quantitative modeling & resources
All designed specifically to improve your market timing and expertise. Our value proposition clear: the SPYderCrusher Analysis Suite finds attractive opportunities faster and more accurately than competitors. Clear understanding of price changes increases your confidence, saves you time, and lowers your costs.
About SPYderCrusher DollarFlow™
Uses: SPYderCrusher DollarFlow™ normalizes volume into dollars – the benefit is you can see the exact amount of money flowing through a security on any timeframe. Compare different markets with built-in features to measure statistically significant dollar flows in multiple timeframes.
- Easily find breakouts / breakdowns with the highest (or lowest) money flows
- Measure & compare different markets / securities on the same chart
- Create custom time periods
Example Chart Above: The sample chart above shows the SPYderCrusher DollarFlow™ three different ways on NASDAQ:NFLX .
- In pane #1, is the standard DollarFlow™. Brighter colors indicate statistically significant readings – this is the normal setting
- One click changes DollarFlow™ to cumulative total for the week (pane #2)
- Another option is to overlay on the main chart, with just the High / Low flags, and custom measurement period to “this week, over the last quarter”
Notice that High “H” flags tend to suggest exhaustion, and short-term mean-reversion, while Low “L” flags suggest continuation of a predominant trend.
Supercharge your volume analysis with SPYderCrusher DollarFlow™. PURCHASE HERE .
_________
Thank you for your interest and your support - it's incredibly appreciated
- Daniel Jassy, CFA
Founder of SPYderCrusher Market Research
About - learn about our background and our expertise in quantitative finance
Email: support scmrtrends com
Quick Disclosure: Nothing in this writeup / demonstration should ever be considered as advice or an invitation to buy or sell any securities. Please see the Terms of Use / Privacy Policy for a full disclaimer.
The CFA Institute does not endorse, promote, or warrant the accuracy or quality of SPYderCrusher Market Research. CFA® and Chartered Financial Analyst® designations are registered trademarks owned by the CFA Institute.
© 2018 — SPYderCrusher Market Research™. All Rights Reserved.
Volume Strength Candles / Colored BarsIs Price Action Higher or Lower on STRONG or WEAK VOLUME from lookback
(Strong or Weak Bulls // Strong or Weak Bears)
Candles / Bars Indicate the Following (default 13 period lookback / Length)
MAROON Bear Candle with STRONG VOLUME more than 150% of the lookback / length (13 default), STRONG Bear Candle Confirmed With Volume
RED Bear Candle while VOLUME is BETWEEN 50% & 150% of the Lookback / Length (13 default), Neutral Bear Volume Neither strong or weak
ORANGE Bear Candle with WEAK VOLUME (Less than 50% of the Length / Lookback)
DARK GREEN Bull Candle with STRONG VOLUME MORE than 150% of lookback
GREEN Bull Candle with Neutral VOLUME BETWEEN 50% & 150% of the lookback / Length
AQUA Bull Candle with WEAK VOLUME less than 50% of the Lookback
Is price confirmed by volume?
Can Change the Lookback / Length from 13
Can Change the Colors and Transparency to easily see based off your chart background colors I recommend ZERO Transparency to easily identify volume strength (i use white background but many use black or other)
ColoredVolumeCandles by kggiThis just colors the candlesticks by the amount of volume that's been traded inside.
Every candle starts out green and the more volume it contains it goes over yellow and orange to red.
Developed and tested on the main BTC exchanges but should work on forex too.
Volume Indicator VSidea take from Alexander Elder, author of: The New Trading for a Living: Psychology, Discipline, Trading Tools and Systems, Risk Control, Trade Management
Meaning of colouring:
- Green bar Volume: If we look back certain numbers of volume bars, higher close price and higher volume.
- Blue bar Volume: If we look back certain numbers of volume bars, higher close price and lower volume.
- Red bar Volume: If we look back certain numbers of volume bars, lower close price and higher volume.
- Orange bar Volume: If we look back certain numbers of volume bars, lower close prince and lower volume.
- Grey bar Volume: If we look back certain numbers of volume bars, same price and same volume.
X-volume assessment numberSee source code for more details. Src1 = distribution and Src2 = accumulation.
DepthHouse Volume Weighted Support and ResistanceDepthHouse Volume Weighted Support and Resistance or VWSP uses calculations based on volume to determine possible levels of support and resistance.
--Options--
Moving Average Type: The first version supports 4 different moving averages for which the calculation are based upon. SMA (default) EMA, TEMA, DEMA
more of these will be added based on popularity & requests
Factors: The Current version supports up to 3 different factors. This is what gives the VWSR the layering effect.
The defaults are 2,3,4. However please feel free to adjust these to match your trading style.
Fill Debugger: This does nothing other than alters the fill spacing. This is used to to get rid of continuous fills if they ever occur. Does not effect calculations at all.
Try this indicator for FREE! Just leave a comment, or feel free to send me a PM
Indicator for Short & Long EntriesIndicator for Short & Long Entries based on:
- Volume
- Close Price
- Ema
- RSI
Feel free to test it out. The parameters are:
- Back Bars Long.- number of bars back to consider for long entries
- Back Bars Short.- number of bars back to consider for long entries
These are used to calculate the ema and rsi.
