OPEN-SOURCE SCRIPT
speed of trades
This indicator calculates the speed of trades, on other platform that is called speed of tape, but they said you need delta and others for the calculation.
Calculation method
This indicator calculates the number of trades per bar and filter it, if they are above a sma it highlights the column to know that could be a bar where there are more trades than usual.
It's based on an example of pinescript v5 user manual where explain the use of varip
HF Bots filter and common uses
know where there are more trades than usual help you to have an idea that could be HF Bots working on that bar, also if you dont belive on that, can also help you to have an idea of momentum or stoping action.
Why is this indicator original?
The speed of trades indicator give you an counter of number of trades and a filter for bars where there are a lot of trades, so searching speed of tape/trades indicator that don't exist on tradingview, this indicator is original.
How to charge data?
By default it doesn't load historical tick data, this indicator only works on realtime bars.
Calculation method
This indicator calculates the number of trades per bar and filter it, if they are above a sma it highlights the column to know that could be a bar where there are more trades than usual.
It's based on an example of pinescript v5 user manual where explain the use of varip
HF Bots filter and common uses
know where there are more trades than usual help you to have an idea that could be HF Bots working on that bar, also if you dont belive on that, can also help you to have an idea of momentum or stoping action.
Why is this indicator original?
The speed of trades indicator give you an counter of number of trades and a filter for bars where there are a lot of trades, so searching speed of tape/trades indicator that don't exist on tradingview, this indicator is original.
How to charge data?
By default it doesn't load historical tick data, this indicator only works on realtime bars.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.