INVITE-ONLY SCRIPT
已更新

WhaleCrew VZO

1 113
The VZO is a volume-based oscillator that is related to the on-balance volume.

Components
  • Overbought & Oversold Zones
  • Zero Line (acts as support/resistnace)
  • Divergence Detection (regular and hidden divergences)
  • Dynamic Colors
  • Highlight Extremes
  • Reversal Risk Arrows
  • Threshold System
  • Custom Symbol Option (e.g. for using volume data of a bigger exchange)


Usage
This indicator can be used to identify overbought and oversold market conditions. Unlike the RSI it takes volume into account, which makes it an ever stronger tool.
You can look for divergences, extremes and retests/rejections of the zero-line to predict the future more accurately.
Some traders also like to trade crosses above/below the zero-line as they often mark a sentiment shift.
The Reversal Risk Arrows are plotted when the oscillator is overbought or oversold and at risk of reversing.
Our threshold system allows you to get alerted whenever the VZO has been above/below a certain threshold for a custom amount of candles.

Access to this indicator can be obtained through our website.
版本注释
Updated custom symbol setting
版本注释
Improved custom symbol section
版本注释
Fixed an issue occuring when volume data was "corrupted"
版本注释
Fixed custom symbol

免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。