OPEN-SOURCE SCRIPT
Range over Volume

This is a scalping aid for NQ in the 1 minute time range for the Globex session.
Mathematically, the plot is range in ticks divided by 0.1*volume
This returns a histogram plot for RoV (range over volume)
The idea is that candles that ascribe a larger range with minimal volume does because there is unilateral aggression from the buy side, or sell side, and the subsequent behavioural outcome of this will either be an extension of that aggression unilaterally, or commonly, a counter to that aggression!
Wait for a candle to close with the RoV above 4.00. For that candle which formed the RoV above 4.00, plot the highs and lows of that candle and draw a 1.618x and -0.618x Fibonacci extension across it.
Enter short on the -0.618x and take profits at the -1.618x. Use the low of the ROV > 4 candle as a protective stop
Enter long on the 1.618 and take profits at 2.618. Use the high of the ROV > 4 candle as a protective stop
Mathematically, the plot is range in ticks divided by 0.1*volume
This returns a histogram plot for RoV (range over volume)
The idea is that candles that ascribe a larger range with minimal volume does because there is unilateral aggression from the buy side, or sell side, and the subsequent behavioural outcome of this will either be an extension of that aggression unilaterally, or commonly, a counter to that aggression!
Wait for a candle to close with the RoV above 4.00. For that candle which formed the RoV above 4.00, plot the highs and lows of that candle and draw a 1.618x and -0.618x Fibonacci extension across it.
Enter short on the -0.618x and take profits at the -1.618x. Use the low of the ROV > 4 candle as a protective stop
Enter long on the 1.618 and take profits at 2.618. Use the high of the ROV > 4 candle as a protective stop
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開源腳本
本著TradingView的真正精神,此腳本的創建者將其開源,以便交易者可以查看和驗證其功能。向作者致敬!雖然您可以免費使用它,但請記住,重新發佈程式碼必須遵守我們的網站規則。
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。