INVITE-ONLY SCRIPT
SPG Fx Volume Indicator

This indicator is for Forex intraday trading and works best for binary 5 minute contracts but will work for Contracts up to 2 hours in length.
The "SPG - FOREX BINARY INTRA" indicator is a companion for this one. It will give confirmation of the entry signals that this will show you.
This script is broken up into 4 parts
Confidence Cloud/Background Color
This will indicate the current bull/bear trend and if your entering a position - the strength of the direction of that bar will be reflected by the background color behind that bar.
Green - Bull Trend
Red - Bear Trend
Yellow - Transition/unsure
Small BUY/SELL arrows and Green/Red triangles
On the bottom of the chat are the main entry indicators
Green/Red Triangles are a strong entry signal
Green/Red Tringles and a Buy/Sell arrow is a very strong entry signal
Buy/Sell Pressure
The histogram indicated the buy/sell pressure for the bar – This indicated in which direction the bar moved the most – This is mostly for a future “rating” on a position that was taken and perhaps can drive an indication when to Hold or exit the contract.
Green/Red arrows and Xs labeled OS, OB or X
These are located on the top of this indicator and aren’t necessarily actionable indicators but are meant to indicate overbought or oversold conditions and transitions when prices are moving out of those states.
The indicators may correlate with entry signals but watch for the Xs and do not enter a trade on a transition.
The "SPG - FOREX BINARY INTRA" indicator is a companion for this one. It will give confirmation of the entry signals that this will show you.
This script is broken up into 4 parts
Confidence Cloud/Background Color
This will indicate the current bull/bear trend and if your entering a position - the strength of the direction of that bar will be reflected by the background color behind that bar.
Green - Bull Trend
Red - Bear Trend
Yellow - Transition/unsure
Small BUY/SELL arrows and Green/Red triangles
On the bottom of the chat are the main entry indicators
Green/Red Triangles are a strong entry signal
Green/Red Tringles and a Buy/Sell arrow is a very strong entry signal
Buy/Sell Pressure
The histogram indicated the buy/sell pressure for the bar – This indicated in which direction the bar moved the most – This is mostly for a future “rating” on a position that was taken and perhaps can drive an indication when to Hold or exit the contract.
Green/Red arrows and Xs labeled OS, OB or X
These are located on the top of this indicator and aren’t necessarily actionable indicators but are meant to indicate overbought or oversold conditions and transitions when prices are moving out of those states.
The indicators may correlate with entry signals but watch for the Xs and do not enter a trade on a transition.
僅限邀請腳本
只有經作者授權的使用者才能訪問此腳本,且通常需付費。您可以將此腳本加入收藏,但需先向作者申請並獲得許可後才能使用 — 點擊此處了解更多。如需更多詳情,請依照作者說明或直接聯繫mightystrong。
除非您完全信任其作者並了解腳本的工作原理,否則TradingView不建議您付費或使用腳本。您也可以在我們的社群腳本中找到免費的開源替代方案。
作者的說明
提醒:在請求訪問權限之前,請閱讀僅限邀請腳本指南。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
僅限邀請腳本
只有經作者授權的使用者才能訪問此腳本,且通常需付費。您可以將此腳本加入收藏,但需先向作者申請並獲得許可後才能使用 — 點擊此處了解更多。如需更多詳情,請依照作者說明或直接聯繫mightystrong。
除非您完全信任其作者並了解腳本的工作原理,否則TradingView不建議您付費或使用腳本。您也可以在我們的社群腳本中找到免費的開源替代方案。
作者的說明
提醒:在請求訪問權限之前,請閱讀僅限邀請腳本指南。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。