Simply_Is_Beauty

SIB Fuel moves Car, Volume moves Price

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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 developed this unique "Heat Volume" indicator to compliment the candlestick analysis.

[EXPLANATION}
GREEN VOLUME BAR: Volume greater than the previous day volume .

GRAY VOLUME BAR: Volume lesser than the previous day volume .

RED VOLUME BAR: Presence of "Big Player" in the market.

YELLOW-BACKGROUND: Strong & active market trade sentiment in Daily timeframe .

GREEN-BACKGROUND: Strong & active market trade sentiment in Weekly timeframe .

WHITE-BACKGROUND: Strong & active market trade sentiment in Monthly timeframe .

ORANGE-BACKGROUND: Strong & active market trade sentiment in Hourly & Minutes timeframe.



Watch on the "Red" volume bar on the critical point. E.g. trend reversal, gap-up , resistance/price/box breakout.
This signaled the "Big Players" in the trade to take-off the rally.

Watch on the "Color-background" signaled of the strong & active market trade sentiment in the respective timeframe.
When "No-color Background" (Black) Stand aside when market trade sentiment is low and quiet.


Disclaimer:-
-This indicator is provided as best as it's an effort for the purpose of studying in the Technical Analysis perspective.
-This is not and never a trading suggestion of buy/sell call or decision under any circumstances.
-This indicator is for the member's and subscriber's circulation only. *If you are interested in the indicator, kindly contact us for the Free-Trial.
-Good luck & Happy Charting!
Release Notes: Script optimization & upgrade with traded value.
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+3 Reply
Hi. Can I please get access to this script? Thanks.
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Simply_Is_Beauty robertoarce
@robertoarce, Hi your access to the script was granted...ENJOY!
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Can I get access to this please? amitmahesh99
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Simply_Is_Beauty amitmahesh99
@amitmahesh99, Hi kindly go to follow our profile, then we will grant you access.
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amitmahesh99 Simply_Is_Beauty
@Simply_Is_Beauty, Thanks for your response. Done. Following now.
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Simply_Is_Beauty amitmahesh99
@amitmahesh99, access granted. Enjoy!
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amitmahesh99 Simply_Is_Beauty
@Simply_Is_Beauty, Thank you :)
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Hi SIB, please grant me access to this script, thanks very much
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Simply_Is_Beauty nazwanismail
@nazwanismail, Bro, your access has extended, enjoy!
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