Volume Breakout (ValueRay)

Easy visuals on, if volume is way over average. Good for Mean Reverting. Higher Volume tends to higher breakout chances.

Please whisper me for for ideas how to make this better. Its a very simple script, but got some alpha. If you know how to improve, let me know and i will code it into.

發行說明

- Updated to PineScript Version 5
- Volume Breakout is now calculated via Standard Deviation than via Multiply
- Yellow Line = mean
- Red Column Volume = Volume below mean
- Green Column Volume = Volume above mean but below one Standard Deviation (chance 34.1%)
- Light Green Volume Breakout is above one Standard Deviation away from mean. Chances there are: 50% - 34.1 = 15.9%

發行說明

- Update Picture
- Naming of Inputs

發行說明

- color update for better visibilty
- code cleanup

發行說明

- Adding Price Gaps Up/Down on top of the Volume.
- The color of the Gaps equals the size of the Gap.
- You can define a minimum Gap percentage.

發行說明

- Adding "Volume Divergence": a small Triangle Up below the Volume, when the Price is going up, allthough the Volume is low and showing Relative Strength
- Adding a additional 4% Gap Up as a minimal Gap Up Break Out
- Performance Tweeks

發行說明

Better default values
Shows a warning on extreme moves

發行說明

Slight Color Changes
Better Symbols
Better Breakout Logic

發行說明

Better Visuals

Colors (Cold to Warm)
Middle Line as Moving Average

Small calculation changes

發行說明

- Updated Colors and Drawings
- Updated various code parts to optimize the calculations
- Added "new high" showing a purple diamong when Volume reached a new 12m high

derMatzeImNetz

ValueRay ➤ Stock Screener and Value Analyser in Hedge-Fond Quality

開源腳本

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publications is governed by House rules. 您可以收藏它以在圖表上使用。