INVITE-ONLY SCRIPT
SPY - VPIN [VWAP] - 195min/Daily
Volume Synchronized Probability of INformed Trading (VPIN) modified with VWAP and extended to be applicable to higher timeframes (195min/daily).
The buy/sell signal theoretically based on the informed decisions of smart money. For individual stocks, there is too much noise as a large fund liquidating can create false signals on the longer timeframe.
Recommend to use on SPY to follow the movement of macro-based institutional funds. A sell signal here could mean, and this "could" is doing a lot of heavy lifting, a consensus among big players of impending systematic risk, and vice versa for buy signal. Institutions could be selling for whatever reason, and they usually sell over large periods. Also remember that this doesn't include dark pool data so it is half-baked.
Signal basically showing when smart money smarts to buy during crash, or starts to sell during melt-up phase.
This is not a complete buy/sell signal, it ONLY tries to show signals from the movement of large players so no red signal does not mean there isn't systematic risk and no green signal does not mean there is systematic risk. Combine this with other indicators.
***Remember that institutions also could be retarded, and their "informed" decision might just be them acting like a retard***
Best used on SPY on 195min timeframe. Use this signal on SPY on 195min timeframe to buy/sell high beta stocks indirectly.
The buy/sell signal theoretically based on the informed decisions of smart money. For individual stocks, there is too much noise as a large fund liquidating can create false signals on the longer timeframe.
Recommend to use on SPY to follow the movement of macro-based institutional funds. A sell signal here could mean, and this "could" is doing a lot of heavy lifting, a consensus among big players of impending systematic risk, and vice versa for buy signal. Institutions could be selling for whatever reason, and they usually sell over large periods. Also remember that this doesn't include dark pool data so it is half-baked.
Signal basically showing when smart money smarts to buy during crash, or starts to sell during melt-up phase.
This is not a complete buy/sell signal, it ONLY tries to show signals from the movement of large players so no red signal does not mean there isn't systematic risk and no green signal does not mean there is systematic risk. Combine this with other indicators.
***Remember that institutions also could be retarded, and their "informed" decision might just be them acting like a retard***
Best used on SPY on 195min timeframe. Use this signal on SPY on 195min timeframe to buy/sell high beta stocks indirectly.
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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tastytomato677。
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
Ask me here
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。