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已更新 Williams POIV By King Osama
Williams POIV Indicator
By King Osama
The Williams POIV (Price and Open Interest From COT Data) is a technical indicator designed to combine price movement with open interest data to provide valuable insights into market strength and sentiment. By integrating price changes and open interest (a measure of market participation), the indicator aims to detect shifts in market dynamics and highlight potential turning points.
The Williams POIV works by calculating the relationship between price changes and the true range, combined with open interest data, to generate a composite value that reflects the accumulation or distribution of market positions. This gives traders a deeper understanding of market trends and potential reversals.
Key Features:
Price and Open Interest Integration: Merges price movements with open interest data to assess market strength.
Market Sentiment Insights: Helps identify periods of accumulation or distribution, offering a clearer picture of market conditions.
Trend Analysis: Can be used to spot divergences and potential trend reversals.
This indicator is ideal for traders looking to analyze the interplay between price movements and open interest, offering enhanced insight into market trends and price action.
By King Osama
The Williams POIV (Price and Open Interest From COT Data) is a technical indicator designed to combine price movement with open interest data to provide valuable insights into market strength and sentiment. By integrating price changes and open interest (a measure of market participation), the indicator aims to detect shifts in market dynamics and highlight potential turning points.
The Williams POIV works by calculating the relationship between price changes and the true range, combined with open interest data, to generate a composite value that reflects the accumulation or distribution of market positions. This gives traders a deeper understanding of market trends and potential reversals.
Key Features:
Price and Open Interest Integration: Merges price movements with open interest data to assess market strength.
Market Sentiment Insights: Helps identify periods of accumulation or distribution, offering a clearer picture of market conditions.
Trend Analysis: Can be used to spot divergences and potential trend reversals.
This indicator is ideal for traders looking to analyze the interplay between price movements and open interest, offering enhanced insight into market trends and price action.
發行說明
New Update :- Automatic Divergence detection based on a specific pivot points
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受保護腳本
此腳本以閉源形式發佈。 不過，您可以自由且不受任何限制地使用它 — 在此處了解更多資訊。
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。