The "Advanced Volume-Driven Breakout Signals" indicator is a cutting-edge tool designed to help traders identify high-potential trading opportunities through sophisticated volume analysis techniques. This indicator integrates volume flow analysis, moving averages, and Relative Volume (RVOL) to provide a comprehensive view of market conditions, going beyond...
1. **Candlestick Patterns Detection:** - **Hammers** and **Inverted Hammers** are specific candlestick patterns that can indicate potential reversals in the market. - **Hammer**: A candle with a small body and a long lower wick, showing a possible reversal after a downtrend. - **Inverted Hammer**: A candle with a small body and a long upper wick,...
Description: The Volume Insight Analyzer is an advanced Pine Script designed for traders who want a comprehensive view of volume dynamics on their charts. This script combines multiple volume-based indicators to help identify key trading opportunities, including significant volume days, volume dry-ups, and pocket pivots. Key Features: VDU (Volume Dry-Up)...
The Multi Exchange Relative Volume indicator is a powerful tool designed to visualize the relative volume across different exchanges. This is particularly useful for decentralized securities like forex and crypto, where volume data is spread across multiple markets. By aggregating volume data from various exchanges, this indicator helps traders identify trends,...
Description: The Lower Timeframe Volume Bars indicator enhances your TradingView experience by allowing you to visualize volume data from lower timeframes on your current chart. This powerful tool helps you gain deeper insights into volume trends and activity that are not immediately visible on higher timeframe charts. Specifically, it shows the volume data from...
High Volume Candles Indicator: This is a simple tool that shows you when there's a lot of action in the market. It highlights the candles with the highest trading volume on your chart. What It Does: Picks the Busiest Candle: It points out the candle with the most trading in your set time. Shows Buying and Selling: Green for lots of buying, red for lots of...
In the words of Dan Zanger, "Trying to trade without using volume is like trying to drive a few hundred miles without putting gas in your tank. Trying to trade without chart patterns is like leaving without having an idea how to get there!" Volume tends to show up at the beginning and the end of trends. As a general rule, when a stock goes up on low volume, it's...
The Volume Spike Analysis is designed to detect volume spikes in a trading instrument's data. Rather than relying on the traditional method of comparing volume to its moving average, this indicator employs a distinctive approach to ensure accuracy. Methodology Historical Volume Comparison: The indicator first assesses the current bar's volume, say 100k,...
"YD_Volume_Alert" is a simple alert based on the increasing volume. Although it is a simple indicator, strategies to determine accumulation and distribution can be developed using this indicator, which will also be published as well. 📌 Usage, Details and Alert Using this indicator is simple. You can enter two scales, "Increased Percentage 1 (%)" and...
This script identifies price pivots, volume spikes (more than twice of 20 SMA vol) & gaps (both up & down)
Strategy - Relative Volume Gainers Overview: This trading strategy, called "Relative Volume Gainers," is designed for Long Entry opportunities in the stock market. The strategy aims to identify potential trading candidates based on specific technical conditions, including volume, price movements, and indicator alignments. Strategy Rules: The strategy is...
Description: The High Volume Candles indicator (HVC) is a technical analysis tool designed to identify candles with high trading volume. It allows traders to quickly spot periods of significant market activity based on volume. How it Works: The HVC indicator analyzes the volume of each candle in relation to the highest volume observed over a specified lookback...
This indicator is called "RSIOMA with Volume Index Confirmation". It is a technical analysis tool that plots buy and sell signals on a chart based on the Relative Strength Index (RSI) and the Negative Volume Index (NVI) and Positive Volume Index (PVI) indicators. The indicator has the following input parameters: - RSI Length: determines the number of periods...
In this indicator, I show you a better way to define high/low values of volume (or any other indicator). Quite often, I get requests from my clients that an indicator level should be “high” or that it should be above a certain absolute level. The first request is hard to interpret mathematically, but traders can easily spot it on the chart. The second one is not...
Auto Levels is a Work in progress. It is based on the previous days ATR and the current days opening tick. It takes that info and uses Fibonacci to automatically draw key levels for the day. I have added the BULL BAR ( Green bar ) and Bear Bar ( Red Bar ) to signal as a Go Long / Go Short line in the sand. The Tan bars are also proven key "Take Profit" levels....
Display outliers in either value change, volume or volume change that significantly deviate from the past. This uses the standard deviation calculation and the n-sigmas statistical rule of significance, with 2-sigma (a value of 2) signifying that the observed value is stronger than 95% of past values, and 3-sigma 98.5% of past values, and so on for higher sigma...
— Overview While net volume is useful information, it can be a blunt data point. Volume composition breaks down the content of volume, allowing a more detailed look inside each volume node. Volume composition consists of the following information: Total volume (buy and sell). By default gray node. Dominating volume (buy or sell). By default dark green/dark red...
This is a set of 4 combined moving averages. Each moving average is a combination of an EMA, SMA, HMA, RMA, WMA and VWMA with the same length as set in your input settings. All 6 of them are added together and then divided by 6 for an average of all of them. This is based on the theory that most traders use their own preference of moving averages, so combining...