INVITE-ONLY SCRIPT
(5) Volume Price Projection VS-93
Volume Price Projection, displays only the differences the current volume represents above or below the current moving average of volume. This isolates only significant volume events for the trader. When utilized in combination with a simple volume/price matrix chart, traders are provided with a powerful tool-set, alerting traders of potential opportunities while providing strong conformations of your trading decisions.
Volume is a direct reflection of the current level of interest in this equity. What is important about interest levels, regardless of sentiment (positive or negative,) produced by any event, is if the event or news is to have an impact on share price, the volume will increase as a result. This volume increase provides the liquidity required to allow market dynamics to fuel changes in price. This makes significant volume increases the hallmark of any meaningful changes, first in interest, which results in higher volume, and second, in influencing sentiment with the end result being a change in price.
We consider volume increases over the moving average of volume (significant volume increases) to be such an important trading principal that the blue background flag it triggers is built into all other Genie Indicators.
Volume Price Projection was originally published in the Journal of Technical Analysis of Stocks and Commodities; Oct., 2017. by Michael Slattery.
Access this Genie indicator for your Tradingview account, through our web site. (Links Below) This will provide you with additional educational information and reference articles, videos, input and setting options and trading strategies this indicator excels in.
Volume is a direct reflection of the current level of interest in this equity. What is important about interest levels, regardless of sentiment (positive or negative,) produced by any event, is if the event or news is to have an impact on share price, the volume will increase as a result. This volume increase provides the liquidity required to allow market dynamics to fuel changes in price. This makes significant volume increases the hallmark of any meaningful changes, first in interest, which results in higher volume, and second, in influencing sentiment with the end result being a change in price.
We consider volume increases over the moving average of volume (significant volume increases) to be such an important trading principal that the blue background flag it triggers is built into all other Genie Indicators.
Volume Price Projection was originally published in the Journal of Technical Analysis of Stocks and Commodities; Oct., 2017. by Michael Slattery.
Access this Genie indicator for your Tradingview account, through our web site. (Links Below) This will provide you with additional educational information and reference articles, videos, input and setting options and trading strategies this indicator excels in.
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僅限邀請腳本
僅作者批准的使用者才能訪問此腳本。您需要申請並獲得使用許可，通常需在付款後才能取得。更多詳情，請依照作者以下的指示操作，或直接聯絡StockSwinger。
TradingView不建議在未完全信任作者並了解其運作方式的情況下購買或使用腳本。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
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。