Better X-Trend /Better Volume Paint BarThese are Emini-Watch's free indicators, Better X-Trend and Better Volume paint bar.
For more information go to:
emini-watch.com emini-watch.com
X-volume
Volume Share - Bitcoin Retail % [cryptorae]I've been keeping my eyes on retail BTC trading volume as a % of total BTC trading volume (charted).
It's the single best chart showing the death of sentiment in this bear market. Retail fell to as low as 5.6% on 6/8. The good news is that the % has stabilized at these levels.
I think retail interest will need to trend higher in tandem with higher price moves for us to break through key resistance levels.
To know why, let's look closer at the anatomy of the recent bull and bear market.
In the 2017 bull market:
- Retail interest trended higher or sideways with each drive up
- Average retail volume share was ~46%
In other words, price movements were dominated by infusions of new money.
In the 2018 bear market:
- Retail interest trended LOWER with each recovery in price
- Average retail volume share was ~15%
In other words, price movements were dominated by money exchanging through the hands of traders.
Open thoughts:
- If the bear market persists and prices reach critical levels, I think that retail % would spike as some finally rush for the exit and new investors happily jump in
- If prices recover w/o a sustained increase in retail %, I'd not be so quick to call a bull market
Things I classify as "retail":
- Bitflyer
- Bithumb
- Coinbase
- Bistamp
- Kraken
Things classified as "non-retail"
- Bitmex
- Bitfinex
The formula is retail / (retail + non-retail)
The script is open for you to modify if you disagree. Let me know your thoughts/tweaks.
Modified Price-Volume Trend Strategy The related article is copyrighted material from
Stocks & Commodities.
Strategy by HPotter.
WARNING:
- This script to change bars colors.
Three Moving AveragesThis is simply three moving averages in the same indicator, with the possibility to change the source, length, offset and type on every moving average (Simple, Exponential, Weighted, Volume-weighted, Triple EMA or a moving average that uses RSI ).
If you want to disable any of the moving averages, then do that under the "Style"-tab by unchecking the box for that moving average.
zibi1fix old zibi repainting issue
zibi is volume over price indicator so it show you the volume in price number instead of volume per candle .
making the volume function much more easy to use
Oil ETF VolumeDirexxion Daily has both 'bear' and 'bull' oil ETFs. This tracks the volume in both combined. It also tracks them individually: the bear ETF is the red line, and bull the green.
NOTE: the color of the volume bars is determined by whatever ticker you're currently looking at, and whether current close is gt/lt previous close. It is intended to be used while looking at the USOIL chart. The colors will be inverted if you're looking at the 'bear' ETF! as the higher closes will actually mean price is going down :D
BTCUSD Longs & Shorts Change AmountThis indicator contains 3 scripts.
1. "long change amount" & "short change amount"
2. "long plus & short minus" & "long minus & short plus"
3. "long vs short ratio"
Please turn off 2 not used.
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.
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).
