Volume Conversion IndicatorVolume Conversion Indicator
The volume conversion indicator is much like the in-built volume indicator. This particular volume indicator allows you to find out how much of something has been traded in a given timeframe.
This is done by multiplying volume by the average price at that point.
What does this mean?
Well, say, for example, you were watching DGB/BTC (DigiByte/Bitcoin). Instead of the volume being displayed in the amount of DGB traded, the amount of BTC traded is displayed instead.
Feel free to comment... Hope this helps :D
成交量指标(VOL)
Advance-Decline Volume Percent Advance-Decline Volume Percent (AD Volume Percent) is a breadth indicator
that measures the percentage of Net Advancing Volume for a particular group
of stocks, such as an index or ETF. Net Advancing Volume equals the volume
of advances less the volume of declines. AD Volume Percent equals Net Advancing
Volume divided by total volume for the group. AD Volume Percent fluctuates
between -100% and +100%.
Smart Volume (beta)This script distinguishes up/down volume based on lower resolution.
It's important to set correct inputs. Second - affects detalisation/loading speed. Third one needs to be set according to your chart resolution. 1440 for 'D', 30 for '30'.
Advance-Decline Volume Percent Advance-Decline Volume Percent (AD Volume Percent) is a breadth indicator
that measures the percentage of Net Advancing Volume for a particular group
of stocks, such as an index or ETF. Net Advancing Volume equals the volume
of advances less the volume of declines. AD Volume Percent equals Net Advancing
Volume divided by total volume for the group. AD Volume Percent fluctuates
between -100% and +100%.
Fiat Denominated VolumeUseful for cryptocurrencies, where price swings often makes crypto denominated volume meaningless.
Percentage Volume Oscillator (PVO) Copyright by HPotter v1.0 28/04/2017
The Percentage Volume Oscillator (PVO) is a momentum oscillator for volume.
PVO measures the difference between two volume-based moving averages as a
percentage of the larger moving average. As with MACD and the Percentage Price
Oscillator (PPO), it is shown with a signal line, a histogram and a centerline.
PVO is positive when the shorter volume EMA is above the longer volume EMA and
negative when the shorter volume EMA is below. This indicator can be used to define
the ups and downs for volume, which can then be use to confirm or refute other signals.
Typically, a breakout or support break is validated when PVO is rising or positive.
Advance/Decline Volume Line The Advancing-Declining Volume Line (AD Volume Line) is a breadth indicator
based on Net Advancing Volume, which is the volume of advancing stocks less
the volume of declining stocks. Net Advancing Volume is positive when advancing
volume exceeds declining volume and negative when declining volume exceeds
advancing volume. The AD Volume Line is a cumulative measure of Net Advancing
Volume. It rises when Net Advancing Volume is positive and falls when Net
Advancing Volume is negative. Chartists plot the AD Volume Line for a specific
index and compare it to the performance of that index. The AD Volume Line should
confirm an advance or a decline with similar movements. Bullish or bearish
divergences in the AD Volume Line signal a change in buying or selling pressure
that could foreshadow a reversal in the index.
Volume in BTCThis is an experimental script i made for tracking volume in BTC on poloniex pairs. I am not a developer, i hardly even know how to code, so im sure there is a better way! I shared the script on request from someone else. I made the line 100% transparant because i only want the number in the top left. Have a nice day.
[ST] Volume Flow v6Latest update to the volume flow indicator. It calculates volume fraction up and down based on candle shape: body counts twice one way, wicks count both ways. Total volume (positive + negative) is the regular volume. Additionally, I added breakout detection, oscillator, colored candles for easy trend following, reversal warnings, high and low volume alarms. Every aspect uses volume for calculations.
What some parts mean : i.imgur.com
Hope this helps someone, I use it myself as signals for confirmations. Tips are cool, but saying thanks is plenty as well :)
Hidden Gap`s VSA Volume 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 2.5 Standart Deviation of a 20 period
Bollinger Band Shifted 3 periods forward.
Cooltoyz: market shaker v1.0Panicking over a big ass candle? wondering what's happening on a flat market? Despair no more, this indicator could help with that :)
The market Shaker calculates the price differences, and weights them with the volume used for the move. This volume is not the plain value, but a measure of the past X volume candles.
Examples:
price moves 3%, but with a volume of only ~80% of last candles. looks like weak move
price moves 0.4%, but the volume was a massive 220% bigger than last candles. something happened, even if the market absorbed it all, better pay attention.
in each case, the shaker indicator makes the calculated value bigger/smaller to account for the volume weight of the move.
It's also i real time, the current candle weight is considered on how much time it remains to close. Example, on the 1H chart, if the last candle is 45min to close, the values for the volume are weighted to 25%, since is only 15min "old", while all the other candles are 1h, so the candle is only 25% of it's time to close.
The indicator options has the arguments required to tune the indicator, the candles minutes must match the chart, or the results go crazy.
Hersheys Volume Pressure v2Hersheys 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 change with low volume , that's very bullish .
If you have a small price change with low volume , that's bullish .
For down bars...
If you have a large price change with low volume , that's very bearish .
If you have a small price change with low volume , that's bearish .
Look at the chart and you'll see how trends start and end with a PINCH and widen in the middle of the moves.
You can set the moving average period, 14 is the default.
Good trading!
Brian Hershey
v2 change log...
- issue with price gaps - gaps at the open were sometimes showing incorrect colors
- scaling issues - sometimes a change is so large it scales down all nearby data and renders it hard to view. Code was added to clip those huge values.
v3 what's coming next...
- better scaling - sometimes with thinly traded stocks there is too much clipping. For now increase the chart interval to correct.
Hersheys Volume Pressure v1Hersheys 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 price range with low volume, that's bearish.
Look at the chart and you'll see how trends start and end with a PINCH and widen in the middle of the moves.
Hersheys Volume Pressure is unique, in that it measures bull/bear pressure on each bar by itself. Other volume indicators like On Balnce Volume and Price Volume Trend use cumulative differences in the current and previous bar to show trends.
You can set the moving average period, 14 is the default.
Good trading!
Brian Hershey
Hersheys CoCo VolumeCoCo Volume shows you volume movement of your symbol after subtracting the movement from another symbol, preferrably the sector or market the stock belongs to.
My latest update to my CoCoVolume Indicator. It calculates today's volume percent over the 60 period average for both your symbol and index, and displays that difference. If the percent is over the max it highlights the color, showing BIG action for that stock.
The last version was calculating the percent volume difference from yesterday to today for the stock and index and displaying the difference. The prior method had large swings on low volume stocks... this one shows the independent volume action much better. The default values will suit most stocks.
You can set three variables...
- the index symbol, default is SPY
- the period for averaging, default is 60
- the max volume percent, default is 500
Good trading!
Brian Hershey
Action Section, Volatility Choppiness Indicator (by ChartArt)Here is a solution to find entry points to trade. This indicator highlights price sections with low choppiness, where both the ADX (Average Directional Index) indicator shows strong movement (up or down!) in the price and a customized Money Flow indicator (which uses only the change of the volume not the change of the price, hence a Volume Flow indicator), also shows volatility is present. Using higher filter values than the default setting of "30" reduces the noise, but also shows less 'action sections'. Vice versa using values lower than "30" increases the amount and duration of action sections which are shown.
The "action section" indicator does not show the direction if the price is going up or down. It shows if there is enough action worthy the time to trade (lower odds of a neutral sideways trend). Therefore in addition a Heikin-Ashi based price change indicator can optionally be plotted, which shows the actual direction of the price.
Action Section, High Volume Volatility & Low Price Choppiness Indicator
This indicator works only on charts which have volume data.
Hersheys CoCo VolumeThis simple but powerful indicator takes the volume changes from another symbol and removes them from your symbol, so you can compare stock/market or stock/sector or sector/market relationships.
When used together with Hersheys CoCo Bars, you get a very unique view of what's going on!
Good trading!
Brian Hershey
Elastic Volume Weighted Moving Average with Trend and EnvelopesElastic Volume Weighted Moving Average (EVWMA) with Trend and Envelopes.
Original version by LazyBear, trend function by Shizaru, combination by Spreadburn.
Volume per minimum tickThis script calculates the volume traded per minimum tick of a scrip and is an indicator that the price move is justified by volume and trader interest
[ST] obv adl combination v4modified equation using sum of volume*hlc3*(close-open)/(high-low) to give more accuracy of distribution within a single candle unlike regular obv.
cooltoyz: Volume Delta RealTime v1.0This 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 25% of all the candle time. So, if volume is also at 25% of the last candles traded, we can expect(yeah, you wish) that by candle close, around 100% of the last volumes average will be traded.
Or two:
in a 4h candle, we're at 10mins., around 8% of total candle time. If volume traded is already at 57% of average past volumes, something big is going on.
Note 1: in the indicator's "Format" pop-up there is a "candle minutes" field, it MUST match the chart timeframe in minutes (ex: 4h=240min)
Note 2: the back volume function check can be switched between the methods "highest value" or "average", in the Format->inputs
Note 3: when a new candle opens, it will go craaayeeezeee!!, because the extreme small values introduce a lot of rounding errors. just let it go, it calms it self after ~0.5% of candle time has passed.
There are more examples and details in the early version of this indicator, check my published scripts.
Pump_Doctor Trends**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
Gray = Top/local top, bottom/local bottom, or continuation. You will need some knowledge of price action to determine which condition applies.
You can use the oscillator at the bottom as a measure of momentum / trend strength. You can draw trendlines on the oscillator on the top/bottom or the interior.
1337 VolumeThis 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
lime == bullish candle with above average volume
crimson == bearish candle with below average volume
red == bearish candle with above average volume
This indicator is very useful for spotting bottoms / tops (do a visual backtest and observe its behavior) as well as entry opportunities.
By default, the lookback period for average volume is 7, but I encourage you to change this value in order to find settings that work best for your particular market.
If you have any feedback or ideas for improvement, please comment.
Enjoy :D
[ST] BTC Volume Flow v4Update to volume flow script
optional colored candles, volume oscillator, strategy shapes
