MastersOfTrading

MoT - [💎 Elites] - Relative Price/Volume

**THE INDICATOR**

Relative Volume /Price is an Elite Level Indicator. No other RVOL indicators come close to the power of this. "Relative Volume / Price" is also an absolute beast at showing Divergence and what is really happening behind Price relative to historical Volume.

**THE CHART**

In this example we have EURUSD as the master chart on the Daily time frame.

**ON THE CHART INDICATORS**

In this example we are Utilising Whipp Candles in the Panel at the bottom with the Integration of the Candle colouring for Whipp Candles over the normal candle colours.

Whipp Candles give strength to what is happening in relation to multiple indicators like WhippTrend, RVOL/Price and our version of TSI MACD over multiple time frames and then gives the current time frame a rank from -6 to +6. This is where the colouring and strength of colouring comes in. Whipp Candles and the base settings are fully adjustable so you can utilise on all time frames

Overlaid over the Whipp Candles (Panel) is WhippStochaholic (drag and drop style to save space!). WhippStochaholic is originally based on Stochastics and we have calculated the indicator in a rather visually pleasing way to enhance trend and reversal signal identification.

In the examples here for RVOL we have highlighted Buys and Sells with Green Buy and Red Sell signal vertical lines. You can see paired with Whipp Candles it is extremely powerful. With our education and our risk management, just these three simple indicators would see you profitable and beating the markets.

**MASTERS OF TRADING**

Many Thanks and Trade Safe!

To request access to this indicator, please use the links provided below
版本注释:
- Added Time Frame / Resolution Functionality
- Added an Additional Moving Average (3 in Total)
- Added the 1.0 Line and Additional Level Lines
- Added Background Colours for Above/Below 1.0
版本注释:
Updated to V5
Changed the 1.0 Line to a Zero Line. (Aids with Overlaying over the top of other Oscillators)
版本注释:
- Added Filter "Levels" and Backgrounds for Super Bull and Bear
- Added a Multiplier for if overlaying over other Zero Line Indicators
版本注释:
- Added Candle Ability for the Relative Price/Volume Line
版本注释:
- Added Rel.Price Line Width Adjustability in Main Settings
版本注释:
Updated for Elites Strategy 2023

仅限邀请脚本

仅限作者授权的用户访问此脚本,并且通常需要付费。您可以将其添加到收藏中,但是只有在向作者请求并获得许可之后,才能使用它。 请与MastersOfTrading联系以获取更多信息,或按照以下作者的说明进行操作。

请注意,这是未经脚本版主分析的仅限邀请私密脚本。它是否符合网站规则尚不确定。在您100%信任脚本作者并了解脚本的工作原理之前,TradingView不建议您为脚本付费并使用它。在很多情况下,您可以在我们的公共指标库中免费找到一个不错的开源替代品。

免责声明

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作者的说明

MoT - Elites Members ONLY

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