OPEN-SOURCE SCRIPT
Aggressive Volume Indications + Supertrend

Volume Precision: The aggressive volume logic is well-designed to filter for conviction-backed price movement. Using (high - low) * 0.7 as the body filter adds a nice touch to weed out noise.
Customizability: The script allows for tunable inputs on both the volume and trend side, which gives flexibility across different instruments or timeframes.
Trend Detection Logic: Your use of persistent variables to track supertrend and trendUp adds robustness to the trend-following element.
💡 Suggestions:
Optional Signal Confirmation: You could incorporate a confirmation mechanism—like checking if price closes above or below the Supertrend line before plotting the aggressive volume markers. That might help filter out traps during ranging markets.
Barcolor or Background Highlighting: For visual clarity, adding barcoloring based on aggressive buying/selling might amplify signal visibility.
Entry/Exit Potential: Consider integrating a simple crossover strategy to simulate entries based on these signals—especially since you're already working on a Nifty 50 script with market psychology in mind.
Customizability: The script allows for tunable inputs on both the volume and trend side, which gives flexibility across different instruments or timeframes.
Trend Detection Logic: Your use of persistent variables to track supertrend and trendUp adds robustness to the trend-following element.
💡 Suggestions:
Optional Signal Confirmation: You could incorporate a confirmation mechanism—like checking if price closes above or below the Supertrend line before plotting the aggressive volume markers. That might help filter out traps during ranging markets.
Barcolor or Background Highlighting: For visual clarity, adding barcoloring based on aggressive buying/selling might amplify signal visibility.
Entry/Exit Potential: Consider integrating a simple crossover strategy to simulate entries based on these signals—especially since you're already working on a Nifty 50 script with market psychology in mind.
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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。
開源腳本
本著TradingView的真正精神,此腳本的創建者將其開源,以便交易者可以查看和驗證其功能。向作者致敬!雖然您可以免費使用它,但請記住,重新發佈程式碼必須遵守我們的網站規則。
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。