S2BU2 Volume Oscillator (Improved)Fair Use:
Please do not take my work and sell it under your own name. This was created to benefit everyone - not one person. Feel free however to use it as part of whatever work you wish to sell (of course i would applaud also giving ideas away for free - your choice though ;)
What it is:
The Basis for this Indicator was the original Volume Oscillator. I added Averages for Highs and Lows to make it easier to see relatively over- or undersupplied zones.
I also modified the oscillator to use a fast and a slow moving average à la MACD on itself to get a cleaner and earlier signal for when to expect a big move.
How it works:
A falling MA-line - especially if beneath the Signal-line indicates weakening Strength. Movements made during this time will barely move the needle.
A rising MA-line - especially if above the Signal-line, indicates increasing strength. Movements made during this time will be relatively considerable.
Crossovers above the average High/ below the average Low are especially relevant.
How to use:
Note this is only a recommendation and not advice. Feel free to experiment and adjust the indicator to fit your tradingstyle. This is only my personal setup. Feel free to share your findings.
Best used in combination with another Indicator that gives impulse direction, like for example my Stochastic Momentum Convergence Divergence (). You may also use any other indicator that works for you for this purpose - i am biased towards my own work though :D
What you want to see is a fresh direction-signal followed by a rising MA-line in the Volume Oscillator. For confirmation you can wait until the Volume Oscillator also has a crossover(up only, do not use the crossdown!) between MA- and Signal-line. Best results should be achieved if the MA-line was well below the averageLow-line. Trenddirection may change even while the Volume continuously goes up. Volume is direction agnostic. Always keep an eye on your direction indicator as changes can and will occur. These will be equally as violent and often longer lived than the previous direction you caught - you will lose a lot more than you gain if you do not keep track of that! This Indicator will help you to identify when not to waste your time on a trade, it will not be a magic pill that you can use to set and forget.
在腳本中搜尋"Volume"
Volume Profile and Volume Indicator by DGTVolume Profile (also known as Price by Volume) is an charting study that displays trading activity over a specified time period at specific price levels. It is plotted as a horizontal histogram on the finacial isntrumnet's chart that highlights the trader's interest at specific price levels.
The histogram is used by traders to predict areas of support and resistance. Price levels where the traded volume is high could be assumed as support and resistance levels.
Price may experience difficulty moving above or below areas with large bars. Usually there is a great deal of activity on both the buy and sell side and the market stays at that price level for a great deal of time
It is advised to use volume profile in conjunction with other forms of technical analysis to maximize the odds of success
Light version of Volume Profile is added to Price Action - Support & Resistance by DGT
SonicR PVA VolumesI decided to practice and rewrite some interesting scripts from mt4 to pinescript for myself, all credits are in the source code.
An interesting indicator, I decided to post it like all other alternatives have closed source code, I hope it will be useful for someone!
With this indicator, you can filter small volumes, thereby making less noise so that you notice a possible trend reversal.
For example, rising/extreme factor set to - 1.263, some volume was filtered, now it's more easy to understand, isn't ?
Aggregate BTC Volume + EMA Strat// This strategy buys when the price crosses the Fast EMA. It can go long only
// when the price is above the slow EMA and short when is below. The exit
// is determined by volume spikes, when the volume is greater than the Volume
// MA multiplied by the assigned input multiplier. Thanks to MartinShkreli
// for the Aggregated BTC volume. There is also a Maximum Loss filter which
// should be modified depending on the traded market.
Volume MA - LayeringProvides a volume moving average to show trends in volume. Meant to be used with Volatility MA, and Vol of Vol MA, layered on top of eachother.
Nifty 20 VolumeThis script computes the volume for Nifty 50 index. I am using top 20 stocks here that constitute about 75% of the Nifty 50. I had used the script created by @shijithlal as a base for this. He has used all 45-50 stocks in his script. You can look that up if you want a more accurate volume.
Nifty Pharma VolumeThis indicator plots volume for the index Nifty Pharma using data from it's constituent stocks.
Code taken from @daytraderph 's script called Custom Volume.
Performante's Average Bitcoin Volume EMA Indicator This is the average Bitcoin volume with the data collected from the major retail exchanges + the exponential moving average (EMA) for the volume added on to better understand relative volume.
Thank you Julio!
Rolling Net VolumeMay still make changes, the current study should be helpful as is. Looking to highlight potential relative trend exhaustion in net volume. Should be most effective for stable supply assets. We're looking at an 100 day moving average of net volume essentially. The values of the RNV are slightly exaggerated to help with visibility PLEASE bear this in mind. Never the less, you can look at many commodities and notice moderate and extreme trend exhaustion on the positive and negative side using the transparent bands above and below. The less transparent red band perhaps suggests an opportunity to open a position against the current direction. It's not perfect, I may try to improve it. I am definitely open to feedback and appreciate it very much in advance.
Nifty Volume profile + VWAP + EMA The script picks up nifty stocks with their current respective weights and plots a Volume Weighted Average Price line along with 2 EMAs and an alert when the EMAs cross over.
You can customize the script for EMA lengths and to remove alert. Basic utility of the script is to analyse volumes driving the Nifty 50 index.
Credits to @daytraderph and his script (Custom Volume) who's code I used to build this script. Also thanks to my friend @Varun who helped me code it.
Climatic Volume X- Climate volume detection
- Relative volume value in bar
- Automatic zone generation (possibility of configuration)
- Additional features
¡¡¡Thumbs up¡¡¡
SR vs VolumeThe main idea is that the volume confirms the price.
Volume part is based on the Volume with Direction indicator, but modified - now: 1) it is not restricted by length and uses all available data 2) it absolute, not relative.
The SR part is also based on identifying high/low/higherhigh/lowerlow. On price it uses wicks.
Then script trying to predict possible divergencies.
It "predicts" because it is using not confirmed HH and LL: for example, any high over resistance counts as HH.
SR plotting is available in options.
Scrypt plots dots:
hidden bear div =color.orange
hidden bull div =color.lime
bear_div =color.maroon
bull_div =color.green
Because of using unconfirmed HHLL states this dots is early signals, needs to be manually verified.
By standard only first dot of signal plots, plotting of signal tails is available in options.
Commentary for the screenshot.
Green dots pointed by arrows is signaling for bull div, it confirms on VD indicator bellow.
The first pointed (lower) maroon dot is faked because of VD indicator not confirmed HL. This have no tails as it was invalidated on the next candle.
The second pointed (upper) maroon dot is bear div: HH by price and LH by volume.
Intra-bar VolumeDisclamer : READ THIS BEFORE USING IT !!!
I have take and try to improuve the source code of indicator "intra-bar volume" by backtest-rookies.com
This indicator categorized the volume in lower timeframe, if the candle close up it's a buying volume, if it close down...
Beware that is not easy to work with different TF on tradingview so you have some limitation on the TF with this indicator. Also in TV we can't have a mutable variable in a security fonction.. so my approche is not clean but it works, if someone find better way, please comment or contact me :)
So by default the indicator can work on the following TF : 5m 15m 30m 60m 120m 240m 480m 720m 1D 1W 12M.
But ... this indicator need a lower timeframe and the number of bar to work correctly, in my code i suppose that the market run 24/7, so you need to adapte it or use intraday TF for other market.
To make sure that the indicator work correctly i have juste add circle, if it's green the buying+selling+balance volume is equal to the volume on the last close candle. If it's red theire is a problem.
I hope you enjoy it, feel free to modify the code and comment if you have any sugestion, i have just make it so maybe i will ajust some part of the code.
Volume Extension [DepthHouse]DepthHouse Volume Extension uses average calculations to determine the dynamic range which the volume travels through. Any spike above the line represents an over extension in average volume.
The colored bars are then calculated in a similar way, which measures a combination of both price and volume action to determine bull & bear exhaustion levels, and possible entry/exit points for big players.
This indicator is 100% free , so if you benefit from using it, please consider supporting me by checking out the several other indicators available on my page :)
Angled Volume Profile [feeble]BETA VERSION
this indicator maps volume as brightness over an SMA. the brightness then fades over time.
It draws 30 bands, so you will need to load multiple instances to get a large picture.
Configure the settings, then copy and paste the indicator, modifying only the vertOffset attribute each time
Patience, bruh. This takes a long time load. Chrome runs it faster than Firefox. ¯\_(ツ)_/¯
Please let me know if you can think of how to optimize it.
Feedback is appreciated is you use it :)
sample with 6 instances:
settings:
useLog: enable if you are using a log graph
rowHeight: resolution of rows.
vertOffset: normally if you have 5 instances, the values will be -2,-1,0,1,2
fadeAmt: how long it takes for volume to fade once it is picked up
volumeMin and Max: the volume range displayed.
volumeResolution: time resolution at which volume data is collected - this is why the fadeAmt is so high, and why the graph runs out of data after a period back
EMA length: its Actually SMA but I wrote it wrong. eg. for a 20 day period on a 15min chart you go ( 20 days x 24 hrs x 4 quarter hours = 1920) - I hope to automate this in a future version :p
Levels Ft. VolumeThese are levels based on volume. The idea is that candles of high volume a higher amount of traders with active long/short positions to either close out, protect, or add to.
A stack of red candles means that area is a point of interest, similar to a VPVR POC.
BTC Exchanges Volume [SHK]Useful script to calculate sum of BTC ( Bitcoin ) volumes on different exchanges.
Supported Exchanges:
Coinbase
Bitfinex
Bitmex
Houbi
CEX
Bitstamp
Binance
BitFlyer
Poloniex
Bittrex
Flyer
OkEx
Poloniex
Gemini
HitBTC
Delta Volume, by AlexIncOften before the marked falls, the volume is decreasing, so I make indicator which shows volume change. It is made of RMA of Volume.
Часто перед тем, как рынок падает, в нем значительно уменьшаются объемы. Для отслеживания этих закономерностей я создал этот индикатор - по сути он обрабатывает RMA от объема. Если он на локальном минимуме, вероятен пролив.
Hersheys Volume Pressure v2Hersheys Volume Pressure gives you very nice confirmation of trend starts and stops using volume and price.
For up bars...
If you have a large price change with low volume , that's very bullish .
If you have a small price change with low volume , that's bullish .
For down bars...
If you have a large price change with low volume , that's very bearish .
If you have a small price change with low volume , that's bearish .
Look at the chart and you'll see how trends start and end with a PINCH and widen in the middle of the moves.
You can set the moving average period, 14 is the default.
Good trading!
Brian Hershey
v2 change log...
- issue with price gaps - gaps at the open were sometimes showing incorrect colors
- scaling issues - sometimes a change is so large it scales down all nearby data and renders it hard to view. Code was added to clip those huge values.
v3 what's coming next...
- better scaling - sometimes with thinly traded stocks there is too much clipping. For now increase the chart interval to correct.
Hersheys Volume Pressure v1Hersheys Volume Pressure gives you very nice confirmation of trend starts and stops using volume and price.
For up bars...
If you have a large price range with low volume, that's very bullish.
If you have a small price range with low volume, that's bullish.
For down bars...
If you have a large price range with low volume, that's very bearish.
If you have a small price range with low volume, that's bearish.
Look at the chart and you'll see how trends start and end with a PINCH and widen in the middle of the moves.
Hersheys Volume Pressure is unique, in that it measures bull/bear pressure on each bar by itself. Other volume indicators like On Balnce Volume and Price Volume Trend use cumulative differences in the current and previous bar to show trends.
You can set the moving average period, 14 is the default.
Good trading!
Brian Hershey
1337 VolumeThis volume indicator gives you a unique perspective and ability to analyze volume in any market. The upper line that is always >=0 represents average up volume over a user definable period while the lower line that is always <= 0 represents the average down volume over a user definable period.
green == bullish candle but volume lower than average
lime == bullish candle with above average volume
crimson == bearish candle with below average volume
red == bearish candle with above average volume
This indicator is very useful for spotting bottoms / tops (do a visual backtest and observe its behavior) as well as entry opportunities.
By default, the lookback period for average volume is 7, but I encourage you to change this value in order to find settings that work best for your particular market.
If you have any feedback or ideas for improvement, please comment.
Enjoy :D
Colored Volume Bars standard deviation from meanThe colour bars:
Green: Price up - Volume > 2 x STD of last 21 bars
Blue: Price up - Volume > 1 x STD of last 21 bars
Maroon: Price down - Volume > 2 x STD of last 21 bars
Purple: Price down - Volume > 1 x STD of last 21 bars
Grey: not high volume bar
Green line: 2 bar sma
Red line: 8 period sma of the greenline
Bollinger band: 55 period sma of the 21 period sma with bands 1.618 deviation from the mean