Freedom of Movement Indicator
In “Evidence-Based Support & Resistance” article, author Melvin Dickover introduces two new indicators to help traders note support and resistance areas by identifying supply and demand pools. Here you can find the support-resistance technical indicator called "Freedom of...
Hersheys 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...
Shows the Daily, Weekly, Monthly, Quarterly, and Yearly VWAP.
Also shows the previous closing VWAP, which is usually very near the HLC3 standard pivot for the previous time frame. i.e. The previous daily VWAP closing price is usually near the current Daily Pivot. Tickers interact well with the previous Daily and Weekly closing VWAP.
Enabling the STDEV bands...
This 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
**You must enable bar colors in the options for the script if you wish to see them**
This indicator is very useful for spotting trends / tops / bottoms.
This is the ultimate altcoin pump spotting tool. Use on higher timeframes for greatest accuracy. If altcoin is newish (ZEC for example), try 4h rather than 1D or 3D.
Green = Uptrend
Red = Downtrend
With the same idea of the VPSA i make the VPSA2 to make Heiken Ashi style synthetic graph of the price and the volume effect, its easy to see the volume trends. Each instrument have a more clear time frame to see the volume patterns.
I see very useful like a secondary analysis layer. in the graph show the same RSI with price and VPSA2 like source.
With the same idea of the VSA i make the VPSA to make synthetic graph of the price and the volume effect, its easy to see the volume trends. Each instrument have a more clear time frame to see the volume patterns.
Can use others indicators over the VPSA, only write in CAPITAL letters open, high, low, close or hl2 at inputs section.
This is a tool, shows the volume variation % strength related to the X past candles.
The current candle is shown in real time, until candle closes.
The visualization of the candle time to close is a thin line, that is 100% for all past candles and slowly goes up for the current candle.
Best with an example:
with a 4h candle, 1 hour has wasted already. This is...
Here simply calculate the CCI of the volume, this will use to measure the strength of the trend of the volume
I think the volume as the price could be represented by candles or other graphic to use indicators and strengthen their analysis, due to lack of registration of this it is first necessary to calculate a volume graph, if the candle...
This indicator was originally developed by Stephen J. Klinger (Stocks & Commodities, V.15:12 (December, 1997): "Identifying Trends with Volume Analysis").
NOTE : this is the only correct version of Klinger Volume Oscillator in the public library.
Like and follow for more open source indicators!
An intraday indicator which plots the 3 different VWAP.
1. D-VWAP shows VWAP from the first candle of the day
2. W-VWAP shows VWAP from the first candle of the week
3. M-VWAP shows VWAP from the first candle of the month
The 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...
If Volume is less then the previous 20 intervals, Volume is gray.
If Volume is greater then the previous 40 intervals, Volume is black.
If Volume is less then the previous 2 intervals, Volume is purple.
If Volume is less then the previous, Volume is red.
If Volume is greater then the previous, Volume is blue.
Other - white.
You can add on the indicator a...
With this, i calculate RSI of the HL2 of the volume and use like an oscillator, this will use to measure the strength of the trend and the "Volume Flow" to follow the trend.
I use like foundation the LazyBear "Volume Flow Indicator" "honor a quien honor merece"
I think the volume as the price could be represented by candles or other graphic to use...
This time I'm going to introduce you to an indicator which catches volume spikes and its respect price change, to give an idea of the following price action.
The logic is pretty simple:
Value > 1 : High Volume that changed a lot the price, next price action will follow that trend.
Value < 1 : Low volume that changed a lot the price, trend is weak.
Value = 1 :...