Dest123

VolumeVsVSMAComparison

118 0 20
Volume vs the volume sma .

Blue is low volume , green is normal, yellow is high, and red is very high.

Top bar is 100sma, middle is 25sma, and bottom is 5 sma .
Remove from Favorite Scripts Add to Favorite Scripts
//@version=2
study("VolumeVsVSMAComparison")
//strategy("Testing")

//changePosition(up) =>
  //  strategy.close_all()
//    up ? strategy.entry("buy", strategy.long, 10) : strategy.entry("sell", strategy.short, 10)
  //  up

smaVal = 100
lowVolume = volume < sma(volume,smaVal)*0.8
highVolume = volume > sma(volume,smaVal)*1.5
mediumHighVolume = volume > sma(volume,smaVal)*1

smaVal2 = 25
lowVolume2 = volume < sma(volume,smaVal2)*0.8
highVolume2 = volume > sma(volume,smaVal2)*1.5
mediumHighVolume2 = volume > sma(volume,smaVal2)*1

smaVal3 = 5
lowVolume3 = volume < sma(volume,smaVal3)*0.8
highVolume3 = volume > sma(volume,smaVal3)*1.5
mediumHighVolume3 = volume > sma(volume,smaVal3)*1

change = sma((close-open),1)
goingUp = ((change > change[1]))// and (change[1] > change[2]))

plot(close,"", lowVolume ? blue : highVolume ? red : mediumHighVolume ? orange : green, linewidth=3)
plot(close-5,"", lowVolume2 ? blue : highVolume2 ? red : mediumHighVolume2 ? orange : green, linewidth=3)
plot(close-10,"", lowVolume3 ? blue : highVolume3 ? red : mediumHighVolume3 ? orange : green, linewidth=3)

//changePosition(goingUp)
//if (not na(goingUp[1]))
    //if (goingUp != goingUp[1])
        //if ((lowVolume[1] or lowVolume[2]) and highVolume) or (highVolume[1] and not highVolume)
        //if goingUp
            //strategy.entry("buy", strategy.long, strategy.position_size == 0 ? 10 : 20)
        //else
//            strategy.entry("sell", strategy.short, strategy.position_size == 0 ? 10 : 20)

//plot(strategy.equity, "", blue)
//plot(strategy.netprofit+100)
//plot(close, "", (goingUp ? green : red))
//plot(open, "", (((sma(open,3) > sma(open,3)[1]) and (sma(open,3)[1] > sma(open,3)[2])) ? green : red))

//plot(macd, color=blue)
//plot(signal, color=orange)
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out