Calculates Projected Volume for the current trading day. Builds on Pocket Pivot Breakout Script by simatricks.
Analyzing wick rejection percentages can provide insights into market sentiment and potential future price movements. For example, high wick rejection percentages at key support or resistance levels may indicate strong buying or selling interest and could influence trading decisions.
### MFI Indicator Guide This guide provides a detailed explanation of the "MFI KriptoFun" indicator, which is designed for use on the TradingView platform. This custom script helps traders visualize significant changes in volume and price range through the use of graphical shapes plotted on the trading chart. #### Indicator Description: The "MFI KriptoFun"...
How Users Can Make Profit Using This Script: 1. Volume Representation : Each candle on the chart represents a specific time period (e.g., 1 minute, 1 hour, 1 day) and includes information about both price movement and trading volume during that period. 2. Candlestick Anatomy : A volume candle has the same components as a regular candlestick: the body (which...
Purpose: The "Uptrick: MultiMA_Volume" indicator, identified by its abbreviated title 'MMAV,' is meticulously designed to provide traders with a comprehensive view of market dynamics by incorporating multiple moving averages (MAs) and volume analysis. With adjustable inputs and customizable visibility options, traders can tailor the indicator to their specific...
The M2 Global Liquidity Index calculates a composite index reflecting the aggregate liquidity provided by the M2 money supply of five major currencies: Chinese Yuan (CNY), US Dollar (USD), Euro (EUR), Japanese Yen (JPY), and British Pound (GBP). The M2 money supply includes cash, checking deposits, and easily convertible near money. By incorporating exchange...
Relative Volume take the volume at a given time of day and compares it to the average volume at that time of day. You can either use the current volume or the cumulative volume in this analysis. You have the option to either see the average and the current volume or a comparative view where you see the percent difference between now and the average. My...
This indicator automates the plotting of various timeframe based VWAP Values. This utilizes a different calculation method for the standard deviations bands compared to the native Tradingview AVWAP. While the Tradingview AVWAP indicator calculates the standard devation based on the VWAP variance, this indicator calculates the std dev based on the price sum...
The Volume Bars Color indicator for the TradingView platform is a tool for visualizing trading volumes based on their values. It colors volume histograms on the chart according to their relative magnitude compared to the average volume and standard deviation. Features: - Volumes exceeding the average value by more than one standard deviation are considered large...
Indicator Description: ETH Long/Short Ratio BITFINEX - (ALPHRACTAL) The ETH Long/Short Ratio BITFINEX - (ALPHRACTAL) indicator provides a detailed analysis of Ethereum (ETH) long and short positions in USD and USDT on the Bitfinex exchange. This indicator is ideal for traders who want to monitor market behavior and better understand the relationship between...
Volume Omega {DCAquant} This indicator measures the buying and selling pressure in a market by analyzing volume and standard deviation. It provides insights into the strength of bulls and bears, helping traders identify potential trend reversals and make informed trading decisions. Key Features Volume Pressure: Plots the selling and buying pressure as...
This 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...
The Volume Quartile Indicator is a tool designed to analyze and classify trading volumes based on quartile levels, offering traders a visual means to assess market strength and momentum. This indicator calculates volume levels using a default length of 60 periods to determine the quartiles at 10%, 30%, 50%, 70%, and 90%. Each quartile range is represented by a...
This indicator aims at responding the question: is the current trend supported by volume? The concept and formula The central concept is the Effective Volume, calculated as follow: effectiveVolume = volume * (close - open) / (high - low) Then the Effective Volume Z-Score indicator is calculated by smoothing the effective volume and applying the z-score...
This indicator utilizes the standard deviation of previous candles to assess the strength of volume. It allows for easy detection when the current volume significantly breaks through compared to previous candles. With alert functionality, you can receive notifications even while taking a break.
This indicator displays volume candles bidirectionally and indicates the strength of the volume. It can create better synergy when used together with the Momentum Squeeze Indicator and can be very useful for bottom and top catching. I am continually modifying it for additional features, so please evaluate it with that in mind.