Calculated the average cost of the shares in the market. If close > indicator, means the market average share cost is below the close, this is a bullish sign. Otherwise, the market average share cost is above the close, which is a bearish sign.
Currently not feasible for index ETF (eg. SPY) or leveraged ETF (eg. TQQQ).
Will update code in later versions.
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Plot waindrops (custom volume profiles) on user defined periods, for each period you get high and low, it slices each period in half to get independent vwap, volume profile and the volume traded per price at each half.
It works on intraday charts only, up to 720m (12H). It can plot balanced or unbalanced waindrops, and volume profiles up to 24H...
This indicator is used to filter the trend of stock.
2 period moving average is used to filter the unstable market.
Retracement only max 3 days,to avoid big retrace cause profit burn.
Background color is based on candle color.
Green Candle = Bull Momentum
Yellow Candle = Possible Retrace / Bear Momentum ( to avoid miss the bull wave )
Red Candle = Bear...
Dear all,
I wish a Happy New Year!
The last time I tried to developing a Volume Heatmap, that the Marketorders made.
With the currently version I achieve my skills for that and I present it for everyone - some bugs I cannot solve today.
It also possible to see the POC - also the dynamic of volume developing:
The background for that is to find the...
Pullback Alert!!
How this alert triggers:
- Volume today closed higher than previous day
- Stochastic Golden Cross
- Triangle will appear below bar
- Alert will then triggered
This indicator plots the Cash Initial Balance for the ES, YM, NQ.
The Cash Initial Balance for US indices is the high & low from 9:30-10:30 ET, the first hour after the NYSE open.
HOW'S THIS INDICATOR DIFFERENT ?
If you are familiar with my work, then you would know that I am into creating indicators with tons of parameters, almost all of which are left for you to configure. While this gives you an incredible level of customization, the feedback I received was that some of you felt a bit overwhelmed by them.
As such, I decided to create...
Hi. this is Tirano
Introduction to Volume Paradox
1. The lines where the support or resistance acts once are expressed by lines. Once hit and bounced, there is a retest through bounce, and it is likely to bounce again.
- Therefore, if you enter from the section represented by the line when the recurrence occurs, the probability of linking with the profit is...
Hi This is Yong From MBYLAB.
Finally, we released the ETH Traders' Open Interest index.
This indicator calculates Open Interest through the trading volume of the top etherium exchanges.
This indicator helps your trading by checking the incline and decline divergence.
This indicator is available to anyone.
Thank you.
"May the Bit be with You."
This indicator lets you get a quick glimpse at the market by choosing up to 6 pairs in the indicator settings. (But we will see how to show more below)
Each pair can be turned on/off, and has its own configurable timeframe.
The indicator will return the following information in real time:
- Price
The source retrieved by the indicator can be configured as well...
Divergence Template!
This public indicator helps you to find as many divergences with as many indicators you like, without the long hassle of knowing and coding the divergence yourself.
Just replace the "Divergence Condition" with your formula and give it a title in the second step, everything simply illustrated to someone without any coding experience!...
Inspired by the new version of the "Force Index" announced by Dr. Alexander Elder a few years ago - "Elder Force Index With ATR Channels".
Unfortunately original version of script only works on MetaTrader platforms, so this is an attempt to
implement this great idea on TradingView...
Volume is important as fuel for a vehicle, without fuel a vehicle wouldn't move. We strongly believe a stock required volumes momentum in order to take-off the rallies.
This indicator helps to spot when the "Big Player" comes into the market, neither the collection stage nor the rally take-off stage.
No single indicator will work effectively by itself. Hence, we...
0.2 version of the indicator that determines the aggregate premium, weighted by volume, from all leading derivatives exchanges. The main difference was the change in the volume weighing algorithm from static to real time, and ETH was added to the indicator.
Exchanges:
Binance
OKEx
Huobi
Bybit
FTX
BitMEX
Deribit
Deutsche Version Unterhalb.
English version:
This indicator is supposed to be another tool to recognize when a panic movement has begun and also ended. Of course, there are other indicators that work very well, but this can also help to identify the timeframe.
Description of for using the indicator with the example of the panic sell-off in March:
Before the...
![MESH2021: Waindrops [Makit0]](https://s3.tradingview.com/d/dJr8hv4v_mid.png "Waindrops [Makit0]")
![BTCUSDT: [3Captain] Volume Paradox YOUTUBE ver](https://s3.tradingview.com/c/C6Ro6rwE_mid.png "[3Captain] Volume Paradox YOUTUBE ver")
