1. Stochastic Crossover (Crossover/Crossunder) Stochastic Indicator: Used to find the point where %K and %D intersect (Crossover and Crossunder) in 1D (1 day) Timeframe Signal: White Dot Up (Crossover): When %K crosses %D up, a white dot is drawn below the candlestick White Dot Down (Crossunder): When %K crosses %D down, a white dot is drawn above the candlestick 2. Hull Moving Average (HMA) Calculation: Used to find the direction and speed of price movement Signal: Buy Signal: When the price crosses above HMA Sell Signal: When the price crosses below HMA Display: HMA lines are drawn on the chart 3. Demand/Supply Cloud Usage: Demand Zone: When the closing price is higher than HMA, it is displayed as the Demand area (green) Supply Zone: When the closing price is lower than HMA, it is displayed as the Supply area (red) Horizontal Bar: Displays horizontal bars in the area Demand/Supply 4. Volume Signal Volume Threshold: When Volume is higher than 1.5 times the average Volume of 20 bars (VolumeMA) Signal: Volume Signal: Draw purple dots when Volume exceeds Threshold Volume Buy/Sell: If Uptrend Volume is higher than Downtrend Volume, V-BUY (green) and V-SELL (red) dots will be drawn 5. Volume High but Can't Break Supply (V-HIGH) Signal: When Volume is high but price cannot break through Supply Zone, orange dots will be drawn 6. Volume Low but Can't Hold Demand (V-LOW) Signal: When Volume is low but price cannot maintain Demand Zone, red dots will be drawn 7. Label: Volume Delta: Displays the change in Volume between each bar (between Volume and VolumeMA) in Demand/Supply area via Label showing Delta data Settings: Stochastic Length: Define the period for calculating Stochastic value (default is 14) Smoothing for %K and %D: Set the smoothing of %K and %D (default is 3) HMA Period: Set the period of Hull Moving Average (default is 9) Summary: This script helps to analyze the price movement on the chart through signals from Stochastic, Hull Moving Average, Volume, and Demand/Supply Zones. Settings such as Stochastic Period, HMA, and Volume Threshold can be customized as desired. Buy/Sell signals are based on the crossover of HMA and Volume that are highly significant. This application is suitable for short-term trading and analyzing key market points where there may be buying or selling pressure.
This indicator works on #crypto #forex #gold and all assets.