PROTECTED SOURCE SCRIPT
BreathEasyVolumeAnalysis

Outline of Indicator:
Purpose of this indicator?
Main purpose of building this indicator is to help traders who refer Current Month Futures to look for the volumes while they trade on the Index chart, with some added analysis on the volumes.
What it CAN DO?
Traders rely on volume as a key metric because it lets them know the liquidity level of an asset, and how easily they can get into or out of a position close to the current price, which can be a moving target.
Hence I have used some two of powerful indicators to help supporting the volume analysis which is OBV indicator and the Price Volume Trend indicator. Calculations are bit modified to fit best as per the Leniear Regression Box.
Note: Source has been set to Nifty Current Month Expiry Future. If you are a BNF trander source has to be changed manually using the Settings.
Feel free to PM me for any further information.
Regards,
BreathEasy
Purpose of this indicator?
Main purpose of building this indicator is to help traders who refer Current Month Futures to look for the volumes while they trade on the Index chart, with some added analysis on the volumes.
What it CAN DO?
Traders rely on volume as a key metric because it lets them know the liquidity level of an asset, and how easily they can get into or out of a position close to the current price, which can be a moving target.
Hence I have used some two of powerful indicators to help supporting the volume analysis which is OBV indicator and the Price Volume Trend indicator. Calculations are bit modified to fit best as per the Leniear Regression Box.
Note: Source has been set to Nifty Current Month Expiry Future. If you are a BNF trander source has to be changed manually using the Settings.
Feel free to PM me for any further information.
Regards,
BreathEasy
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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。
受保護腳本
此腳本以閉源形式發佈。 不過,您可以自由使用,沒有任何限制 — 點擊此處了解更多。
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。