1. [Pufferman] - Comprehensive VolumeThis indicator presents a comprehensive approach to volume analysis, incorporating several key metrics to provide traders with a detailed view of market activity. Here's what's included:
1. Cumulative Relative Volume (Intraday): This metric accumulates volume data throughout the day, comparing it to historical session averages up to the current time. It's particularly useful for intraday analysis to determine if the stock is trading high or low volume before the day is over.
2. Real Relative Volume - This feature calculates the relative volume of a stock in comparison to the SPY, offering insight into whether a stock is trading with higher relative volume than the broader market.
3. Configurable Moving Average for Volume: Users can adjust the moving average period for average volume, allowing for flexible adaptation to different trading strategies and time frames. (green line in photo)
4. Above/Below Average Line: This line indicates whether the current volume bar exceeds or falls short of the session's average volume, providing immediate context for volume analysis. (red line in photo).
5. Volume Display in Abbreviations: Actual volume figures are presented in an abbreviated format, using "K" for thousands and "M" for millions, facilitating quick and easy analysis.
6. Color-Coded Relative and Real Relative Volume: Both the Relative Volume (RVOL) and Real Relative Volume (RRVOL) are color-coded to instantly convey volume concentration levels, enhancing visual analysis across multiple charts.
7. Volume Bars with Bullish and Bearish Highlights: Traditional volume bars are color-highlighted according to corresponding candle patterns, aiding in the identification of market sentiment.
Key Points:
The RVOL is a cumulative metric, considering time-of-day volume comparisons for intraday analysis. This approach offers a nuanced understanding of volume patterns specific to the timeframe being viewed.
The RRVOL provides a comparative analysis against the market, offering insights into stock-specific volume activity relative to market trends.
Note: This indicator is designed for intraday analysis and may not function as intended on timeframes above daily due to the cumulative nature of its volume calculations.
Поиск скриптов по запросу "VOLUME BAR"
Volume [theEccentricTrader]OVERVIEW
This indicator simply bridges the gap between symbols from brokers that provide volume data and symbols from brokers that do not provide volume data. Users can select any symbol that provides volume data from the settings menu and the volume data will be displayed in histogram form on their current chart. The default volume symbol is CURRENCYCOM:US500.
CONCEPTS
Volume
Volume refers to the total number of shares or contracts that are traded during a given period of time. It is a measure of the amount of activity in the market and can be used to gauge the strength or weakness of a particular trend.
Volume is typically displayed as a histogram on trading charts, with each bar representing the total volume for a particular time period. High volume bars indicate a lot of trading activity, while low volume bars indicate relatively little trading activity.
Traders use volume in a number of ways. For example, they may use it to confirm a trend. If a stock is trending up and the volume is also increasing, this can be seen as a sign that the trend is strong and likely to continue. Conversely, if a stock is trending down and the volume is also increasing, this can be seen as a sign that the trend is weak and may be coming to an end. Volume can similarly be used to identify potential reversals. If a stock is trending up but the volume starts to decrease, this could indicate that the trend is losing momentum and that a reversal may be imminent.
FEATURES
Inputs
• Volume Symbol
Style
Users can change plot color and style from the default Style menu if so required.
NOTES
For 24-hour markets and forex volume I use the broker currency.com. As can be seen in the example above, I am using CURRENCYCOM:USDJPY to pull volume to a FOREXCOM:USDJPY chart, which otherwise would not show volume data as forex.com do not provide it.
Current bar predicted volumeDrag this indicator in the same panel with the volume in the object tree, then right click on the scale bar and set "merge all scale into one" for a correct visualization.
This indicator multiply the current traded volume of a candle with the total time of that candle. This offer a prediction of where, in case the volumes would keep trading at a comparable magnitude, the volume bar would close when the candle will close.
The predicted volume is indicated with a blue short line above the current volume bar, and updates in real time.
I find this indicator extremely useful to offer at a glance an idea of an ascending or descending volume pattern, that can serve as confirmation for a reversal or breakout for example.
Very suitable for short time frames, where decisions have to be taken fast.
Enjoy,
Luca.
[MattLet] Relative Volume for VSAThe Volume Spread Analysis (VSA) methodology focus at the relationship between price, spread, and volume, trying to identify the variations that the price of an asset may have bar by bar, candle by candle.
This indicator is based on calculates on the average volume of the bars in a close environment, that indicates when the volume is Ultrahigh, Very high , High , Normal and low.
The configuration setted is based on personal study. You can configurate the volume ratios per level, and try different results.
The indicator colors the volume bars and candles according to the volume traded.
Base colors configuration is a kind of heat map (don't forget to check the option to paint candles), but you can customize it as you wish.
Good Luck!
Time Segmented Volume BandsTime Segmented Volume Bands
This time I took as a basis TSV - Time Segmented Volume, a rather rare one, almost never mentioned on TradingView.
TSV is a leading indicator because its movement is based on both the movement of the stock price and its volume. Ideal entry and exit points are usually found when a stock moves through a baseline. This indicator is similar to the more well-known balance volume (OBV) because it measures the amount of money flowing in or out of a particular stock.
What is their main difference between TSV and OBV?
Time Segmented Volume is used to eliminate distortions of the standard volume graph. OBV is based on cumulative total volume, while TSV compares the current time period with the previous one, without a subtotal.
What I added on my own script
Bands, similar to Bollinger. The main idea is to have an idea of the average inflow and outflow of volumes from / to shares for a particular period. We have an opportunity to estimate how much the current volumes differ from the average for 60 days (all values can be flexibly adjusted).
Excess markers by the current average volume (sensitivity can be adjusted separately).
A table that calculates the total sentiment (force) of volume on average for N periods in comparison with the current one.
Sell/buy markers
How to read a TSV graph
The main graph is a histogram. Green bars mean an inflow of volume, red bars mean an outflow. When the red volume crosses the baseline zero, it is considered a buy signal (in the classic TSV version). A similar sell signal - just the opposite. I highlight them with a colored background fill.
It is especially important to find divergences on the chart. For example, when the volume peaks getting lower but the price rises (short).
The yellow line is the average TSV for 7 periods. Just a smoother lagging line.
Blue stripes. Above - the average inflow of volumes over N periods (44 days). Below - the average outflow.
Markers are additional buy / sell signals generated when the current TSV value exceeds the average for N periods. In the script settings, you can choose how many percent deviations from the average should occur in order to count it as a strong signal (by default, an excess of 180% for selling, 100% for buying). The main idea of the marker is to catch a better price than with the standard TSV logic (take at the intersection of the zero line). The marker can serve as both an assistant and drive into a trap. If you are not very confident, then it is better to adhere to standard practice, and set the excess of markers to completely abnormal situations, so that it triggers less often.
Colored background - a classic buy or sell zone (when crossing the TSV baseline).
Table - you can configure its presence and size in the settings. On it you can estimate the sentiment of the movement of money for the last N periods. Pay particular attention to the % value in parentheses. It shows the strength of the trend in volumes over N periods.
The basic rule, as with any trend indicator: do not trade against the trend. A sell signal in a constantly rising channel is not a short signal. This is a signal for a possible fixation of a part of the position. No more.
How do I use this indicator?
For starters, I never make decisions purely based on an indicator. TSV plays the role of a clearer visualization of volumes for me. If I see that the volumes are fading away (thin market), then I try not to enter the trade. For the last two weeks, while picking charts, I completely abandoned standard volume bars in favor of TSV due to it's greater informative.
Balihuntul Normalized Absolute Volume by RRBBalihuntul Normalized Absolute Volume by RagingRocketBull 2018
Version 1.0
This indicator shows absolute and/or normalized volume for an asset, allows for more accurate volume based comparisons (like a log scale for volume).
Volume is measured in coins traded, not USD traded, so direct comparisons of different price moves may not be accurate.
Professional traders usually compare absolute or normalized volumes of trend moves/spikes/dips/capitulation events instead.
When the USD price of an asset is lower you can trade more coins but capitalization won't be as significant as when there are less coins for a higher price.
Similarly, you can normalize volume using:
- price/price ma (to get a bit of a price-weighted volume) or
- volume ma to compare it with its average assuming the total volume is a percentage above or below the MA (100% or 1).
- use alpha multiplier to add/lose a few zeroes if necessary
Features:
- Use Absolute Price Value (Price * Volume) of an asset instead of Coins Traded (Volume) to compare capitalization
- Normalize volume using Price / Price MA / Volume MA
- Supports any existing type of MA: SMA, EMA, WMA, HMA etc
- Oscillator mode with negative axis
- Highlight high volume spikes above MA or hide low volume bars below MA
- Change color based on prev Close or Volume bars
- Change Volume MA color based on a number of last rising/falling bars
- Display volume as 1000s, mlns, or blns using alpha multiplier
Notes:
1. uses plot* and custom hma functions
2. swma has a fixed length = 4, alma and linreg have additional offset and smoothing params
Feel free to use. Good Luck!
Volume profilerMulti-Range Volume Analysis & Absorption Detection
This tool visualises market activity through multi-range volume profiling and absorption signal detection. It helps you quickly identify where volume expands, compresses, or diverges from expected behaviour.
What it does
Volume Profiler plots four volume EMAs (short / mid / long / longer) so you can gauge how current volume compares to different market regimes.
It also highlights structural volume extremes:
• Low-volume bars (liquidity withdrawal)
These are potential signs of exhaustion, pauses, or low liquidity environments.
• High-volume + Low-range absorption
A classic footprint-style signal where aggressive volume fails to move price.
Often seen during:
absorption of one side of the book
liquidity collection
failed breakouts
institutional accumulation/distribution
You can choose:
which EMA defines “high volume”
how to measure candle range (High-Low, True Range, or Body)
how to define baseline volatility (ATR or average range)
Alerts are included so you can monitor absorption automatically.
Features
Multi-range volume EMAs (10 / 50 / 100 / 300 by default)
Low-volume bar flags
Absorption detection based on custom thresholds
Customisable volatility baseline
Optional bar colouring
Labels displayed directly in the volume pane
Alert conditions for absorption events
How to use
This indicator is valuable for:
confirming trend strength or weakness
detecting absorption before reversal or breakout continuation
finding low-liquidity pauses
identifying volume expansion across different time horizons
footprint-style behavioural confirmation without needing order-flow data
Works across all markets and timeframes.
Notes
This script is intended for educational and analytical use.
It does not repaint.
K线语言·国师版 — Price Action TranslatorUnderstand what the market is really saying.
This script automatically translates candlestick and volume behavior into clear, human-readable messages directly on your chart.
Instead of guessing what each bar means, you can hear the market speak.
📈 Green bar with volume → Buyers are in control
📉 Red bar with volume → Sellers are dumping positions
⚖️ Doji → Indecision between buyers and sellers
💡 Long upper wick → Selling pressure from above / Long lower wick → Buyers absorbing below
🧠 Core Concept
Most indicators tell you what happened.
Price Action tells you why it happened.
This script bridges that gap by letting the candles explain the psychology behind every move.
It helps traders:
Visualize market sentiment through candlestick language.
Identify institutional accumulation or distribution.
Build confidence by understanding the story behind price.
⚙️ Main Features
✅ Automatically detects strong volume bars, Doji, long wicks, and reversal patterns.
✅ Displays short contextual messages above or below each bar.
✅ Works on all time frames (Daily / 4H / 1H).
✅ Clean and non-intrusive visual design.
📈 Best For
Traders learning Price Action logic.
Multi-time-frame trend analysts.
Active traders who want to reduce emotional decisions.
🚀 Usage Tips
1️⃣ Use it with your EMA trend system for confirmation.
2️⃣ Watch for volume surges to confirm real momentum.
3️⃣ Do not chase small Doji bars — wait for confirmation candles.
💬 Author’s Note
“Price Action is the language of the market.
Once you understand its voice, you don’t need to guess anymore.”
— Master Edition · Price Action Translator
Z-Score Volume with CVD Clustering Script Title:
Z-Score Volume with CVD Clustering & NY VWAP
📘 Description:
This indicator combines statistical volume analysis with order flow confirmation to detect high-probability trade zones and volume-based divergences.
📌 Components:
Z-Score of Volume: Identifies statistically significant volume surges or drops relative to a moving average baseline.
Cumulative Volume Delta (CVD): Gauges net buying vs. selling pressure using high-frequency bid/ask delta.
K-Means Clustering: Applies clustering logic to classify each bar into:
Cluster 2 – Strong Bullish: Z-Score and CVD both strong
Cluster 1 – Divergence / Bull Trap: Z-Score high, but weak CVD
Cluster 0 – Neutral / Noise: No clear alignment
Anchored VWAP (NY Session Open): Confirms market structure and institutional trend bias from 9:30 AM ET forward.
🎯 Suggested Applications:
✅ 1. Trend Continuation Entries (Add-ons):
Look to add to positions when:
Cluster 2 signal occurs
Price is above the NY session VWAP
Price structure has broken out of prior day high/low or range
⚠️ 2. Divergence Detection (Fade Traps):
Cluster 1 signals a bearish divergence (e.g., high volume but weak CVD).
Especially useful when price is failing to stay above VWAP.
Useful for early exits or reversal setups.
📊 3. Volume Profile Confirmation:
Combine with fixed or session-based volume profile tools.
Use Z-Score clusters to confirm volume spikes into low-volume nodes (LVNs) or during imbalance transitions.
📍 4. VWAP Structure Confirmation:
Anchored VWAP acts as a dynamic reference point.
Helps confirm acceptance vs. rejection zones at key institutional levels.
📈 Visuals & Alerts:
Color-coded volume bars show intensity of Z-Score & CVD confluence
CVD Line plots real-time delta bias with green/red coloring
Cluster-based shape markers highlight key bars for actionable signals
Optional: Add alerts for Cluster 2 above VWAP or Cluster 1 below VWAP
⚙️ Customization Options:
Adjustable Z-Score length
Custom anchor timeframe for CVD (e.g., 1D or sessions)
Adjustable max lookback depth
Toggle VWAP inclusion
Extendable to include additional filters: RSI, structure break alerts, etc.
🔧 Ideal Use Cases:
NY session intraday traders (ES, NQ, CL, 6E, FX pairs)
Breakout traders wanting order flow confirmation
Mean reversion traders spotting fake moves
Volume-based scalpers looking for edge on short-term order imbalance
Volume VisualizerVolume by Hannsome
The Volume Visualizer is a simple yet effective tool designed to display trading volume in a dedicated panel below the main price chart. Its primary goal is to help you easily identify when trading activity is significantly higher than usual.
The indicator plots two key elements:
Volume Bars: These are standard volume bars showing the amount of trading activity for each period. To draw your attention to important moments, bars with unusually high volume are highlighted in a distinct color (yellow by default).
Average Volume Line: A moving average line (orange by default) is plotted over the volume bars. This line represents the recent average trading volume, giving you a clear baseline to compare the current volume against.
A "significant" volume spike is defined as any period where the volume exceeds the moving average by a certain multiplier. You can adjust both the moving average length and this multiplier in the indicator's settings to fine-tune its sensitivity to what you consider a significant spike in activity.
Absolute Volume Levels [AlgoRich]This indicator classifies the volume of each candle into three levels—weak, intermediate, and strong—using absolute thresholds. It allows you to define fixed levels for what constitutes low, moderate, or high activity.
Key Features:
Classification by Absolute Thresholds:
The indicator uses two configurable cut-off points:
Intermediate Volume Threshold: The value from which volume is no longer considered weak and is classified as intermediate.
Strong Volume Threshold: The value from which volume is considered strong.
Any volume below the intermediate threshold is classified as weak; volume between the thresholds is classified as intermediate; and volume above the strong threshold is considered strong.
Distinction Between Bullish and Bearish Candles:
Bullish candles are displayed with positive volume (bars pointing upward).
Bearish candles are shown with negative volume (bars pointing downward).
This makes it easier to quickly identify the prevailing direction of volume activity.
Customizable Colors:
You can independently adjust the colors for each volume level for both bullish and bearish candles. This helps to visually highlight unusual volume levels, which can be useful for detecting breakouts or liquidity sweeps.
Benefits of Using This Indicator:
Simplicity and Clarity:
By using absolute thresholds, you eliminate the dependency on moving averages, obtaining a direct measure of volume relative to fixed values. This is particularly useful if you know the typical volume ranges for your asset.
Adaptability:
The thresholds and colors can be easily adjusted to suit different assets and timeframes, allowing you to fine-tune the indicator to your trading style and needs.
Effective Visualization:
The representation of volume bars—differentiated by both direction (bullish or bearish) and intensity (weak, intermediate, or strong)—facilitates the quick identification of changes in market activity, helping you make more informed trading decisions.
This indicator is ideal for traders who want to assess volume in absolute terms and clearly visualize spikes in activity that may indicate trading opportunities or confirm trend changes.
Martingale8MARTINGALE8 Indicator: Comprehensive User Guide
Welcome to the MARTINGALE8 Indicator, your ultimate tool for implementing a customizable martingale trading strategy directly on TradingView! Whether you're a beginner trader or an experienced strategist, this indicator offers flexibility and clarity, empowering you to trade with confidence. Let’s dive into how you can make the most of it!
What Is the Martingale Principle?
The martingale strategy is a betting technique often used in gambling and trading. The idea is simple: double down on losing positions so that when a trade eventually succeeds, the profits will recover all previous losses and yield a small profit. In trading, this translates to placing incrementally larger buy orders as the price moves against your initial position, assuming the price will eventually reverse in your favor.
The martingale principle works under the asumption of mean reversion —that the price will eventually recover to a point where all accumulated losses are recouped, and a profit is made. By increasing order sizes at lower levels, the average entry price moves closer to the current price, reducing the price move required to reach profitability. However, like any strategy, it carries risks — if the price continues to move against your position without reversing, losses can escalate quickly .
What Does MARTINGALE8 Do?
The MARTINGALE8 Indicator is an open source script designed to:
Calculate multiple price levels (buy and take-profit) using a martingale strategy.
Allow full customization of entry size, order deviation, profit targets, and order multipliers.
Visualize key trading levels directly on the chart for better decision-making.
Provide helpful labels with real-time metrics like total cost, range analysis, and high-volume bar prices.
This indicator is ideal for traders looking to automate and refine their martingale-based trading approaches.
Features
1. Customizable Inputs
You have complete control over key parameters:
Start Price: Set a custom starting price, or let it default to the market price.
Entry Size: Choose your initial trade size (default: equivalent to 7.5 USDT).
Order Multiplier: Adjust the size of each subsequent order in the martingale sequence.
Order Deviation: Define the percentage deviation for each buy level.
Profit Deviation: Determine the target percentage deviation for take-profit levels.
Length: Specify the lookback period for market analysis (default: 84 bars).
2. Market Analysis
The script calculates key metrics, including:
Highest Volume Bar (HVB): Identifies the bar with the highest trading volume in the selected period.
Range Analysis: Computes the high-to-low range percentage to help you understand market volatility.
3. Martingale Levels
Automatically generates :
10 Buy Levels: Strategically placed below the starting price.
Take-Profit Level: A target above the starting price based on the profit deviation.
4. Cost Calculation
The script calculates the total cost of all orders, including a 10% buffer for safety, so you can plan your capital allocation effectively.
5. Visual Elements
The indicator draws clean and intuitive lines for:
Take-Profit Level: Highlighted in fuchsia.
Buy Levels: Clearly marked with aqua lines.
Zero Line: Your base price, shown in white.
Additional labels provide:
A summary of key metrics like total cost, entry price, and range.
Precise price values for the take-profit and lowest buy levels.
How to Use MARTINGALE8
Step 1: Add the Indicator to Your Chart
Click on the “Indicators” tab in TradingView.
Search for “MARTINGALE8” and add it to your chart.
Step 2: Configure the Inputs
Navigate to the Settings menu of the indicator and adjust the following parameters:
Start Price : Set your starting price or leave it as 0 to use the current market price.
Entry Size : Define the size of your initial trade (e.g., 7.5 USDT).
Order Multiplier : Choose how much larger each subsequent order should be.
Order Deviation : Specify the percentage distance between buy levels.
Profit Deviation : Set your desired percentage for the take-profit level.
Length : Adjust the number of bars to analyze for high volume.
Step 3: Visualize the Levels
The indicator will plot:
A white line for the base price.
Aqua lines for the buy levels.
A fuchsia line for the take-profit level.
Step 4: Monitor the Labels
Look for the summary label on the chart, which shows:
Total cost of the martingale orders.
Entry price and key market metrics (range, high-volume bar price).
Tips for Optimal Use
Adjust Inputs to Match Market Conditions : Experiment with order and profit deviations to account for volatile or steady markets.
Manage Risk : Use the cost calculation feature to ensure you allocate capital responsibly.
Technical Details
The script is written in Pine Script v6 and uses:
Switch Statements : For flexible default values.
Line Objects : To draw and update key price levels dynamically.
Labels : To display relevant trading metrics.
I’m glad to share this tool with the TradingView community. If you enjoy using MARTINGALE8, please keep it going and share your feedback. Let’s trade smarter, not harder!
Trend & Volume Dynamics Indicator (Color identifying the Trend)Benefits
1. Trend Identification:
o The script calculates a 20-period Weighted Moving Average (WMA) of the closing prices. This helps in smoothing out price data to identify the underlying trend.
o The color of the WMA line changes based on the price position relative to the WMA:
Green: When the current price is above the WMA, indicating a potential uptrend.
Red: When the current price is below the WMA, indicating a potential downtrend.
Blue: When the price is exactly at the WMA, indicating no clear trend.
2. Volume Dynamics:
o The script also plots the volume with a color-coding mechanism:
Green: When the current volume is higher than the previous period's volume, indicating increasing trading activity.
Red: When the current volume is lower than the previous period's volume, indicating decreasing trading activity.
o The volume bars are plotted with 90% transparency, making them less visually dominant but still informative.
Usage
• Overlay: The indicator is set to overlay=true, meaning it will be plotted directly on the price chart, allowing users to see the WMA and volume dynamics in the context of the price movements.
• WMA Length: The length of the WMA is set to 20 periods, which is a common setting for short to medium-term trend analysis.
• Visual Cues: The color changes in both the WMA and volume bars provide immediate visual cues about the trend and volume dynamics, helping traders make quicker decisions.
Detailed Explanation of the Script
1. Indicator Declaration:
o Declares the indicator with a descriptive name and specifies that it should be overlaid on the price chart.
2. WMA Calculation:
o Defines the length of the WMA and calculates it using the closing prices.
3. Plotting the WMA:
o Plots the WMA with full brightness (0 transparency).
4. Color-Coding the WMA:
o Changes the color of the WMA line based on the price's position relative to the WMA.
5. Volume Indicator:
o Plots the volume bars with color-coding based on the volume change from the previous period and with 90% transparency.
Conclusion
One of the most best combinations of Volume and Moving average and works on any given timeframe and charts
Volume Bull/Bear Activity [ZC]Volume Bull/Bear Activity Summary
This indicator generates a summary of bull/bear activity for 20 symbols.
For each symbol, two bars are displayed, colored green and red.
The green bar indicates bull volume, reflecting activity within the last candle of the symbol.
The red bar signifies bear volume within the real-time bar, continuously updated.
You can seamlessly adjust the timeframe for this indicator.
Features :
Bear/Bull Volume bars ( Realtime )
ability to add 20 symbols
price is colored in Green or red to determine if its Green/Red candle .
More into its data
SMA Custom Volume BandsThe "SMA Custom Volume Bands" indicator is a custom technical analysis tool designed for use on the TradingView platform. This indicator allows users to analyze and visualize key aspects of a stock's volume within the context of its 200-period Simple Moving Average (SMA). It features the following components:
Volume Bars: The indicator displays the volume of a selected financial instrument using colored bars. Green bars represent days when the trading volume is higher than the previous day, while red bars represent days when the trading volume is lower.
200 SMA of Volume: A blue line on the chart represents the 200-period Simple Moving Average of the trading volume, providing insight into the longer-term volume trend.
Customizable Percentage Line: Users have the flexibility to set a custom percentage value above or below the 200 SMA of trading volume. This line is plotted as a blue line on the chart, allowing traders to identify when volume meets their preferred percentage threshold.
The "SMA Custom Volume Bands" indicator is a simple tool for traders, aiding in the assessment of volume trends and potential price reversals in the context of moving averages. It offers customization options, enhancing its adaptability to individual trading strategies and preferences.
JMF_Vwap BLVD w/Dual lookback and Map Zones. This study identifies on the your top 3 highest volume candles and launches independent vwaps from each of those bars within the users given lookback, As well as static closing vwap values of the candle.
User has a "Calendar lookback" input that you can search a number of CALENDAR days back for highest volume bars. On the daily chart this will identify your highest volume DAYS.
On an intraday chart it will identify your highest volume BARS. example= on a 5 min chart, with a calendar look back of "5 days" the BLVD indicator will search back 5 days on the 5min chart and look for the top 3 highest volume CANDLES, and launch continuous and static vwaps from them. Continuous is a vwap that is launched and gives the cumulative average price from launch until a new Top 3 high volume bar is formed, then the vwaps will sequentially re-order themselves in order of highest to lowest volume.
Static Vwaps are the CLOSING vwap value of the launch candle. These levels act as strong support and resistance when launched from the highest volume candles. They represent participants whom have bought or sold that candle, and have yet to average in our out of a position, "buy and hold", or "Bag holders". These levels usually experience a high degree of sell pressure as they are encountered from underneath, vice versa, they can act as strong support when launched from lows, or on the first few encounters of the level when price is coming down to them.
The best way to use and identify relevant Vwap BLVDs is on a split screen chart, a intraday time frame with a short and mid look back, and a longer 4hour or daily chart with a mid to long lookback side by side showing immediate and long term liquidity levels. In route to the daily BLVD levels which hold your highest levels of liquidity/volume you ultimately run into shorter time framed BLVDs that have been launched from smaller time frame candles intraday at high volume events, these levels are massively important for intraday trading and can stop price dead in its tracks, not JUST the daily vwap BLVD value.
That is why this version has a short, and a long term look back, each lookback is accompanied with Standard deviation bands that are color coded and labeled for quick ID. User can turn on or off if they choose.
You can launch a short look back (2-5 day) and use the deviation bands in the same manner as you would the intraday vwap deviation bands and take any of our 4 trade types in the same manner as intraday vwap.
ALSO, you can set it for 2days back and have a previous day vwap BLVD and see the controlling liquidity from the previous days range, or where the "most" participants average price is. You will get vwaps Launching from the most relevant, highest volume bars within the last 48 hours, or do 7 days back for a weekly BLVD, this will show who and where is in control on the weeks range. These two lookbacks are often the most useful for intraday scalping while also targeting the longer range overhead volume on the higher time frame " Daily BLVD ".
This is a User intensive study as far as settings go, I encourage everyone to change settings calendar wise on all time frames to find what suits your style of trading and time frame the best, and to play with the remaining add on's to see what you like, or find value in, or what you dislike, and would want to keep off.
It also includes "Map zones", these are zones associated with the launch candles average price and range. I have witnessed the high and low of these ranges be respected over and over again intraday, User can turn the background cloud off in settings if they prefer or dim the color in settings.
ALL settings and plots can be turned down, adjusted, or turned off If the visual is to impactful for you, take the time to Turn off or change any of the additional features that are included. You can minimize the study all the way down to just one line with the Highest volume vwap BLVD if you prefer or you can have all of it on for a fully immersive experience.
User also has a table on chart that can be hidden that lists the vwaps price, and Candle launch volume. This volume metric comes in handy when approaching a vwap value for the FIRST TIME. after that the supply or demand is or has diminished, but its still good to know how much it launched with so you can compare current candle volume.
Enjoy-
JMF
Color coding=
Gold = highest volume vwap continuous and static.
Red = 2nd highest volume vwaps.
Purple = 3rd highest volume vwaps.
*** ALL USERS ASSUME ALL RESPONSIBILTIY WHILE USING THIS TOOL. THIS IS NOT, NOR SHOULD NOT BE MISCONSTRUED AS FINANCIAL ADVICE. USER ASSUMES ALL RISKS ASSOCIATED WITH THE USE OF THIS TOOL WHILE TRADING,AND FOR ANY AND ALL LOSS THAT MAY OCCUR WHILE USING SAID TOOL. TRADING IS RISKY AND USER COULD STAND TO LOSE ALL CAPITAL INVESTED.
Credit to @RumpyPumpyDumpy for the help on the original logic for Vwap BLVD. Without him this wouldn't have been possible on tradingview.
Real Relative Volume - Line Indicator - Time Adjusted - DE & EN// English description below
Die richtige Aktie zu finden, ist nich immer einfach. Eine wichtige Variable bei der Aktienauswahl stellt das relative Volumen dar, welches von vielen erfolgreichen Tradern und Trading Firmen benutzt wird. Stell es Dir so vor: Statt sich das absolute Volumen anzuschauen, schauen wir uns die tatsächliche Stärke an. Wie viel Volumen wird also heute im Vergleich zu einem regulären Tag gehandelt. Dies gibt Aufschluss darüber, ob die Aktie "In-Play" ist.
Merke: Ist das RVOL (Relative Volumen) erhöht, sind mehr Marktteilnehmer an dieser Aktie interessiert als üblich. Dies ist besonders dann wichtig, wenn die Marktrichtung und die Richtung der Aktie nicht übereinstimmen.
Wenn der Markt steigt, steigen auch die meisten Aktien. Dies kann folglich auch ohne erhöhtes RVOL passieren. Was ist aber, wenn der Markt gegen uns geht? Dann werden wir schnell bei RVOL-schwachen Aktien ausgeschüttelt. Daher wollen wir unseren Fokus immer auf Aktien setzen, die ein erhöhtes relatives Volumen haben! Dies sind die Aktien, die gerade wirklich stark gehandelt werden und wahrscheinlich einen Katalysten dafür haben.
Der Real Relative Volume - Line Indicator zeigt Dir das aktuelle relative Volumen an. Unser Algo benutzt dabei das tatsächliche kumulative Volumen des aktuellen Tages zum jeweiligen (aktuellen) Zeitpunkt und vergleicht dieses mit dem historischen Durchschnittsvolumen zum gleichen Zeitpunkt . Damit bekommen wir ein korrektes Abbild der aktuellen Stärke. Mit Hilfe des Indikators können wir ebenfalls sehen, ob diese Stärke zunimmt, gleich bleibt, oder gegebenenfalls schnell and Power verliert. Im Gegensatz zu anderen Skripten nutzen wir eine fortschrittliche Methode, die aktuelle Position am Tag erkennt und damit nicht die Session in gleiche Teile teilt. Vorteil: Der Indikator funktioniert auch in Krypto, Forex, DE-Aktien, Indizes etc.
Funktionen:
Bitte ohne verlängerte Handelszeiten nutzen!
Sessions Back: Verändert die Baseline, die Du mit dem heutigen Volumen vergleichst. Beispiel: 10 - Zur aktuellen Uhrzeit siehst Du das reale relative Volumen von heute in Relation zu den letzten 10 Sessions (zur gleichen Zeit). (*max 5000 Kerzen)
Threshold: Stelle eine bestimmte Schwelle ein, bei der Du dich über die TradingView Funktion alarmieren lassen möchtest.
T1-4: Stelle unterschiedliche RVOL Werte ein.
Use Traffic Color for Line: Die unterschiedlichen T1-4 Werte und Farben werden für das Liniendiagramm genutzt.
Dieser Indikator wird häufig mit unserer zweiten Version Real Relative Volume - Bar Indicator - Time Adjusted - DE & EN verwendet.
/////// English version
Finding the right stock is not always easy. An important variable in stock selection is the relative volume, which is used by many successful traders and trading firms. Think of it like this: Instead of looking at absolute volume, we look at actual strength. So how much volume is traded today compared to a regular day? This gives an indication of whether the stock is "in play".
Note: If the RVOL (relative volume) is increased, more market participants are interested in this stock than usual. This is especially important if the market direction and the direction of the stock do not match.
If the market rises, most shares will also rise. This can, therefore, happen without an increased RVOL. But what happens if the market goes against us? Then we are quickly shaken out of RVOL-weak stocks. Therefore, we always want to focus on stocks that have an increased relative volume! These are the stocks that are trading really strongly right now and probably have a catalyst for that.
The Real Relative Volume - Line Indicator shows you the current relative volume. Our Algo uses the actual cumulative volume of the current day at the respective (current) time and compares it with the historical average volume at the same time . This gives us a correct picture of the current strength. With the help of the indicator, we can also see whether this strength increases, remains the same, or if it loses power quickly. Unlike other scripts, we use an advanced method that recognizes the current position on the day and thus does not split the session into equal parts. Advantage: The indicator also works in crypto, forex, foreign stock markets, indices, and many more.
Functions:
Please use without extended trading hours!
Sessions Back: Changes the baseline that you compare to today's volume. Example: 10 - At the current time you see the real relative volume of today in relation to the last 10 sessions (at the same time). (*max 5000 Bars)
Threshold: Set a certain threshold at which you want to be alerted via the TradingView function.
T1-4: Set different RVOL values.
Use Traffic Color for Line: The different T1-4 values & colors are used for the line plot.
This indicator is often used with our second version Real Relative Volume - Bar Indicator - Time Adjusted - DE & EN .
Δ Volume Finder Vol Delta v1.0 by 🇨🇷🇾🇵🇹🇴🇷🇹🇭🇾🇭🇲🇸Δ Volume Finder Vol Delta v1.0 by 🇨🇷🇾🇵🇹🇴🇷🇹🇭🇾🇭🇲🇸
General Description
💰This indicator is given FREE to all our premium indicator subscribers.
🔊Volume Finder is an indicator designed to provide additional insights, and actionable information from the vanilla volume indicator you are all used to.
ℹ More information is never a bad thing! This indicator gives you several tools in one package. The aim is to give volume some additional depth and utility.
🕞The indicator works on any timeframe and any market that has basic volume data (stocks, forex, crypto).
📜 Features
🎚 First off the volume bars are split into positive volume and negative volume. This allows you to more easily visualize the amount of a "green" candle that was actually SELLS, and vice versa - the amount of a "red" candle that were actually BUYS.
🌈It will auto gradient the volume levels based on historical volume range for whatever instrument you are looking at. Yellow bars are deviated outside the lower range (many times this will precede a breakout / breakdown).
🚫If you do not wish to set the auto gradient, you can manually set the levels you would like via settings, or turn it off.
🚦 Next is the Volume Delta. This is the line that is oscillating above and below zero. This shows you the net positive or negative volume. In other words, it shows you the total positive or negative volume.
➕➖ Third are options for EMA plots of the total positive volume and total negative volume. This should be pretty self explanatory.
📩 Lastly is a system that generates alerts when volume breaks out past a certain user defined level. You can plot these alerts as one or both of the following: colored bars on the price chart, or alert bubbles within the indicator pane.
💭Please leave me any ideas or feedback you have!
💬Questions? Comments? Want to get access to an entire suite of proven trading indicators? Come visit us on telegram and chat, or just soak up some knowledge. We make timely posts about the market, news, and strategy everyday. Our community isnt open only to subscribers - everyone is welcome to join.
Accumulation/Distribution Volume (ADV) [cI8DH]This is the simplified and optimized version of my original ADV indicator. It shows both regular volume bars and the accumulated/distributed (A/D) portion of them. The equation is elegant and intuitive. It calculates candle body to candle height ratio and multiplies it by volume: volume*(close-open)/(high-low). This is the building block of my three other indicators, ADL, ADP and ADMF.
- The volume bars has two shades of green and red. The dark shade shows amount of A/D and the light shade shows total volume (what you see on a regular volume indicator).
When money volume is enabled, volume is multiplied by price. As you can see in the chart below, trade volume in terms of USD was growing over the past years.
- Blue line is the moving average of A/D and the orange line is for total volume. When "Baseline Chart" option is enabled, this moving average is identical to ADMF indicator which can be a powerful indicator for assessing buy/sell pressure as well as money flow and volume divergences. You can turn off volume bars (from style menu) for better visibility or you can use the below indicators.
Please note that ADMF is now available as a part of ADP indicator as well and I recommend using the latter since ADP can also replace CMF and MFI indicators.
- If you change the aggregation to cumulative (while having money volume disabled), the gray line becomes identical to On Balance Volume (OBV) and the blue line identical to my ADL indicator. The latter I would argue is more accurate than Chaikin's ADL, William's A/D and OBV.
DepthHouse Better VolumeDepthHouse Better Volume takes the standard volume bars and gives it an extreme overhaul.
The brighter colored bars signal strong buying or selling pressure in the market based on the volume.
The small lines within the columns represent the duration of this increased buying and selling volume.
This calculation is based on negative and positive volume flow. These variables are based on the moving average length, type, and percent change.
All of which are user defined.
DepthHouse Better Volume also changes how each bar color is calculated. The traditional calculation is dependent on the open and close of the candle. Whereas this volume indicator calculates the displayed color based on the position of the bar relevant to the last.
The user has the option to turn this feature on or off.
Try this indicator for FREE! Just leave a comment, or feel free to send me a PM
S&D Light+ Enhanced# S&D Light+ Enhanced - Supply & Demand Zone Trading Strategy
## 📊 Overview
**S&D Light+ Enhanced** is an advanced Supply and Demand zone identification and trading strategy that combines institutional order flow concepts with smart money techniques. This strategy automatically identifies high-probability reversal zones based on Break of Structure (BOS), momentum analysis, and first retest principles.
## 🎯 Key Features
### Smart Zone Detection
- **Automatic Supply & Demand Zone Identification** - Detects institutional zones where price is likely to react
- **Multi-Candle Momentum Analysis** - Validates zones with configurable momentum requirements
- **Break of Structure (BOS) Confirmation** - Ensures zones are created only after significant structure breaks
- **Quality Filters** - Minimum zone size and ATR-based filtering to eliminate weak zones
### Advanced Zone Management
- **Customizable Zone Display** - Choose between Geometric or Volume-Weighted midlines
- **First Retest Logic** - Option to trade only the first touch of each zone for higher probability setups
- **Zone Capacity Control** - Maintains a clean chart by limiting stored zones per type
- **Visual Zone Status** - Automatically marks consumed zones with faded midlines
### Risk Management
- **Dynamic Stop Loss** - Positioned beyond zone boundaries with adjustable buffer
- **Risk-Reward Ratio Control** - Customizable R:R for consistent risk management
- **Entry Spacing** - Minimum bars between signals prevents overtrading
- **Position Sizing** - Built-in percentage of equity allocation
## 🔧 How It Works
### Zone Creation Logic
**Supply Zones (Selling Pressure):**
1. Strong momentum downward movement (configurable body-to-range ratio)
2. Identified bullish base candle (where institutions accumulated shorts)
3. Break of Structure downward (price breaks below recent swing low)
4. Zone created at the base candle's high/low range
**Demand Zones (Buying Pressure):**
1. Strong momentum upward movement
2. Identified bearish base candle (where institutions accumulated longs)
3. Break of Structure upward (price breaks above recent swing high)
4. Zone created at the base candle's high/low range
### Entry Conditions
**Long Entry:**
- Price retests a demand zone (touches top of zone)
- Rejection confirmed (close above zone)
- Zone hasn't been used (if "first retest only" enabled)
- Minimum bars since last entry respected
**Short Entry:**
- Price retests a supply zone (touches bottom of zone)
- Rejection confirmed (close below zone)
- Zone hasn't been used (if "first retest only" enabled)
- Minimum bars since last entry respected
## ⚙️ Customizable Parameters
### Display Settings
- **Show Zones** - Toggle zone visualization on/off
- **Max Stored Zones** - Control number of active zones (1-50 per type)
- **Color Customization** - Adjust supply/demand colors and transparency
### Zone Quality Filters
- **Momentum Body Fraction** - Minimum body size for momentum candles (0.1-0.9)
- **Min Momentum Candles** - Number of consecutive momentum candles required (1-5)
- **Big Candle Body Fraction** - Alternative single-candle momentum threshold (0.5-0.95)
- **Min Zone Size %** - Minimum zone height as percentage of price (0.01-5.0%)
### BOS Configuration
- **Swing Length** - Lookback period for structure identification (3-20)
- **ATR Length** - Period for volatility measurement (1-50)
- **BOS Required Break** - ATR multiplier for valid structure break (0.1-3.0)
### Midline Options
- **None** - No midline displayed
- **Geometric** - Simple average of zone top/bottom
- **CenterVolume** - Volume-weighted center based on highest volume bar in window
### Risk Management
- **SL Buffer %** - Additional space beyond zone boundary (0-5%)
- **Take Profit RR** - Risk-reward ratio for target placement (0.5-10x)
### Entry Rules
- **Only 1st Retest per Zone** - Trade zones only once for higher quality
- **Min Bars Between Entries** - Prevent overtrading (1-20 bars)
## 📈 Recommended Settings
### Conservative (Lower Frequency, Higher Quality)
```
Momentum Body Fraction: 0.30
Min Momentum Candles: 2-3
BOS Required Break: 0.8-1.0
Min Zone Size: 0.15-0.20%
Only 1st Retest: Enabled
```
### Balanced (Default)
```
Momentum Body Fraction: 0.28
Min Momentum Candles: 2
BOS Required Break: 0.7
Min Zone Size: 0.12%
Only 1st Retest: Enabled
```
### Aggressive (Higher Frequency, More Signals)
```
Momentum Body Fraction: 0.20-0.25
Min Momentum Candles: 1-2
BOS Required Break: 0.4-0.5
Min Zone Size: 0.08-0.10%
Only 1st Retest: Disabled
```
## 🎨 Visual Elements
- **Red Boxes** - Supply zones (potential selling areas)
- **Green Boxes** - Demand zones (potential buying areas)
- **Dotted Midlines** - Center of each zone (fades when zone is used)
- **Debug Triangles** - Shows when zone creation conditions are met
- Red triangle down = Supply zone created
- Green triangle up = Demand zone created
## 📊 Best Practices
1. **Use on Higher Timeframes** - 1H, 4H, and Daily charts work best for institutional zones
2. **Combine with Trend** - Trade zones in direction of overall market structure
3. **Wait for Confirmation** - Don't enter immediately at zone touch; wait for rejection
4. **Adjust for Market Volatility** - Increase BOS multiplier in choppy markets
5. **Monitor Zone Quality** - Fresh zones typically have higher success rates
6. **Backtest Your Settings** - Optimize parameters for your specific market and timeframe
## ⚠️ Risk Disclaimer
This strategy is for educational and informational purposes only. Past performance does not guarantee future results. Always:
- Use proper position sizing
- Set appropriate stop losses
- Test thoroughly before live trading
- Consider market conditions and overall trend
- Never risk more than you can afford to lose
## 🔍 Data Window Information
The strategy provides real-time metrics visible in the data window:
- Supply Zones Count
- Demand Zones Count
- ATR Value
- Momentum Signals (Up/Down)
- BOS Signals (Up/Down)
## 📝 Version History
**v1.0 - Enhanced Edition**
- Improved BOS detection logic
- Extended base candle search range
- Added comprehensive input validation
- Enhanced visual feedback system
- Robust array bounds checking
- Debug signals for troubleshooting
## 💡 Tips for Optimization
- **Trending Markets**: Lower momentum requirements, tighter BOS filters
- **Ranging Markets**: Increase zone size minimum, enable first retest only
- **Volatile Assets**: Increase ATR multiplier and SL buffer
- **Lower Timeframes**: Reduce swing length, increase min bars between entries
- **Higher Timeframes**: Increase swing length, relax momentum requirements
---
**Created with focus on institutional order flow, smart money concepts, and practical risk management.**
*Happy Trading! 📈*
Argentum Flag [AGP] Ver.2.5Central Purpose and Concept
The Argentum Flag script is a multifunctional tool that integrates and visualizes multiple key indicators to provide a detailed and unified perspective of the market. The core concept is to analyze price from different angles—volatility, volume, and momentum—to identify confluences and patterns that may be difficult to see with separate indicators. This "mashup" is not a simple fusion of indicators, but a strategic combination of tools that complement each other to offer a comprehensive view of asset behavior.
Components and Their Functionality
This script combines and visualizes the following elements:
EMA Percentage Bands (EMA Bands):
Uses an Exponential Moving Average (EMA) as a baseline.
Calculates and draws several volatility bands that deviate from the central EMA by fixed percentages (0.47%, 0.94%, 2.36%). These bands are inspired by Fibonacci ratios and the cyclical nature of the market.
The bands are colored with a dynamic gradient that reflects the current state of volatility.
Utility: These bands act as dynamic support and resistance areas. The price entering or exiting these zones can indicate a change in volatility or a possible exhaustion of the movement.
Volatility Signals (Vortex & Prime Signals):
The script generates visual signals when the price stays outside the volatility bands for a specific number of bars.
Vortex Signals (diamond ⍲): Appear when the price crosses and stays outside the Prime bands, suggesting a high volatility or a possible continuation of the trend.
Exit/Entry Signals (circle ⌾): Are activated when the price stays outside the Vortex bands, indicating an extreme extension of volatility. These can be interpreted as potential reversal or profit-taking zones.
Utility: They help traders quickly identify moments of high and low volatility and potential turning points in price action.
Volume Analysis (Volume Bar Colors):
The script changes the color of the bars based on the relationship between the current volume and the average volume over a 50-bar period.
Utility: This feature allows the trader to immediately visualize the strength behind a price movement. For example, a bullish candle with "extreme" volume suggests strong buying interest, while a bearish candle with "low" volume could indicate a weak correction.
Summary Tables (Dashboard):
EMA-Fibo Table: Displays the values of 12 EMAs based on the Fibonacci sequence (5, 8, 13, 21...) in an easy-to-access table. The background color of each value indicates if the current price is above (bullish) or below (bearish) that EMA.
Multi-Timeframe RSI Table: Displays the Relative Strength Index (RSI) values across multiple timeframes (from 1 minute to monthly). The text color changes to highlight if the RSI is in overbought (orange) or oversold (white) areas, according to the established levels.
Utility: These tables condense a large amount of data into a simple format, allowing traders to perform a quick, multi-timeframe market analysis without constantly switching charts.
How to Use the Script
This script is a contextual analysis tool that works best when its different components are combined. It is not a "buy and sell signal" system on its own, but a tool for informed decision-making.
Trend Identification: Use the EMA table to see the general trend direction across different timeframes. A price above most of the EMAs in the table suggests a bullish bias.
Volatility Reading: Observe the EMA bands. If the price stays within the bands, volatility is low. A strong move that breaks out of the bands, accompanied by an "extreme" volume color (blue), suggests strong momentum that could continue.
Momentum Analysis: Use the RSI table to confirm movements. An overbought 15m RSI could support a reversal signal from the Vortex bands, while a 1D RSI in a neutral zone may indicate that the main trend has not changed.
Signal Confirmation: Visual signals (diamond and circle) should not be used in isolation. They must be confirmed by volume analysis and dashboard readings. For example, an "Exit Signal" (circle) with low volume may be less reliable than one with high volume and a clear reversal candle.
Disclaimer
This script is for informational and educational purposes only. It is not financial advice, nor is it a recommendation to buy or sell any financial instrument. All trading involves risk, and past performance is not indicative of future results. The user is solely responsible for their own trading decisions.
Pivot Matrix & Multi-Timeframe Support-Resistance Analytics________________________________________
📘 Study Material for Pivot Matrix & Multi Timeframe Support-Resistance Analytics
(By aiTrendview — Educational Use Only)
________________________________________
🎯 Introduction
The Pivot Matrix & Multi Timeframe Support-Resistance Analytics indicator is designed to help traders visualize pivot points, support/resistance levels, VWAP, and volume flow analytics all in one place. Rather than giving explicit buy/sell calls, the dashboard provides reference insights so a learner may understand how different technical levels interact in real time.
This document explains its functionality step by step with formulas and usage guides.
________________________________________
1️⃣ Pivot System Logic
Pivot points are classic tools for mapping market support and resistance levels.
✦ How Calculated?
Using the Traditional Method:
• Pivot Point (PP):
PP=Highprev+Lowprev+Closeprev3PP = \frac{High_{prev} + Low_{prev} + Close_{prev}}{3}PP=3Highprev+Lowprev+Closeprev
• First Support/Resistance:
R1=2×PP−Lowprev,S1=2×PP−HighprevR1 = 2 \times PP - Low_{prev}, \quad S1 = 2 \times PP - High_{prev}R1=2×PP−Lowprev,S1=2×PP−Highprev
• Second Support/Resistance:
R2=PP+(Highprev−Lowprev),S2=PP−(Highprev−Lowprev)R2 = PP + (High_{prev} - Low_{prev}), \quad S2 = PP - (High_{prev} - Low_{prev})R2=PP+(Highprev−Lowprev),S2=PP−(Highprev−Lowprev)
• Third Levels:
R3=Highprev+2×(PP−Lowprev),S3=Lowprev−2×(Highprev−PP)R3 = High_{prev} + 2 \times (PP - Low_{prev}), \quad S3 = Low_{prev} - 2 \times (High_{prev} - PP)R3=Highprev+2×(PP−Lowprev),S3=Lowprev−2×(Highprev−PP)
• Similarly, R4/R5 and S4/S5 are extrapolated from extended range multipliers.
✦ How Used?
• Price above PP → bullish control bias.
• Price below PP → bearish control bias.
• R1–R5 levels act as resistances; S1–S5 act as supports.
Learners should watch how candles behave when approaching R/S zones to spot breakout vs. rejection conditions.
________________________________________
2️⃣ Multi Timeframe Logic
The indicator allows using daily-based pivot values (via request.security). This ensures alignment with institutional daily levels, not just intraday recalculations.
✦ Teaching Value
Understanding MTF pivots shows how markets respect higher timeframe levels (daily > intraday, weekly > daily). This helps learners grasp nested support-resistance structures.
________________________________________
3️⃣ VWAP (Volume Weighted Average Price)
Formula:
VWAPt=∑(Pricei×Volumei)∑(Volumei),Pricei=High+Low+Close3VWAP_t = \frac{\sum (Price_i \times Volume_i)}{\sum (Volume_i)}, \quad Price_i = \frac{High + Low + Close}{3}VWAPt=∑(Volumei)∑(Pricei×Volumei),Pricei=3High+Low+Close
Usage:
• VWAP is used as an institutional benchmark of fair value.
• Above VWAP = bullish flow.
• Below VWAP = bearish flow.
Learners should check whether price respects VWAP as a magnet or uses it as support/resistance.
________________________________________
4️⃣ Volume Flow Analysis
The script classifies buy volume, sell volume, and neutral volume.
• Buy Volume = if close > open.
• Sell Volume = if close < open.
• Neutral Volume = if close = open.
For daily tracking:
Buy%=DayBuyVolDayTotalVol×100,Sell%=DaySellVolDayTotalVol×100Buy\% = \frac{DayBuyVol}{DayTotalVol} \times 100, \quad Sell\% = \frac{DaySellVol}{DayTotalVol} \times 100Buy%=DayTotalVolDayBuyVol×100,Sell%=DayTotalVolDaySellVol×100
Usage for Learners:
• Dominant Buy% → accumulation/ bullish pressure.
• Dominant Sell% → distribution/ bearish pressure.
• Balanced → sideways liquidity building.
This teaches observation of order flow bias rather than relying only on price.
________________________________________
5️⃣ Dashboard Progress Bars & Colors
The script uses visual progress bars and dynamic colors for clarity. For example:
• VWAP Backgrounds: Green shades when price strongly above VWAP, Red when below.
• Volume Bars: More green blocks mean buying dominance, red means selling pressure.
This visual design turns concepts into easy-to-digest cues, useful for training.
________________________________________
6️⃣ Market Status Summary
Finally, the dashboard synthesizes all data points:
• Price vs Pivot (above or below).
• Price vs VWAP (above or below).
• Volume Pressure (buy side vs sell side).
Status Rule:
• If all three align bullish → Status box turns green.
• If mixed → Neutral grey.
• If bearish dominance → weaker tone.
Why Important?
This teaches learners that market conditions should align in confluence across indicators before confidence arises.
________________________________________
⚠️ Strict Disclaimer (aiTrendview)
The Pivot Matrix & Multi Timeframe Support-Resistance Analytics tool is developed by aiTrendview for strictly educational and research purposes.
❌ It does NOT provide buy/sell recommendations.
❌ It does NOT guarantee profits.
❌ Unauthorized use, copying, or redistribution of this code is prohibited.
⚠️ Trading Risk Warning:
• Trading involves high risk of financial loss.
• You may lose more than your capital.
• Past levels and indicators do not predict future outcomes.
This tool must be viewed as a visual education aid to practice technical analysis skills, not as trading advice.
________________________________________
✅ Now you have a step by step study guide:
• Pivot calculations explained
• VWAP with logic
• Volume breakdown
• Visual analytics
• Status confluence logic
• Disclaimer for compliance
________________________________________
⚠️ Warning:
• Trading financial markets involves substantial risk.
• You can lose more money than you invest.
• Past performance of indicators does not guarantee future results.
• This script must not be copied, resold, or republished without authorization from aiTrendview.
By using this material or the code, you agree to take full responsibility for your trading decisions and acknowledge that this is not financial advice.
________________________________________
⚠️ Disclaimer and Warning (From aiTrendview)
This Dynamic Trading Dashboard is created strictly for educational and research purposes on the TradingView platform. It does not provide financial advice, buy/sell recommendations, or guaranteed returns. Any use of this tool in live trading is completely at the user’s own risk. Markets are inherently risky; losses can exceed initial investment.
The intellectual property of this script and its methodology belongs to aiTrendview. Unauthorized reproduction, modification, or redistribution of this code is strictly prohibited. By using this study material or the script, you acknowledge personal responsibility for any trading outcomes. Always consult professional financial advisors before making investment decisions.
