PROTECTED SOURCE SCRIPT
Updated Volume Profiler BVDS
Volume Profiler BVDS$
The Volume Profiler is a special indicator build for the purpose of reading Live market volume. What makes this indicator so special is the fact that there's no indicator build like this. The idea is simple: Markets grow and move, so does volume. This indicator will help us London based traders choose what volume we have for the day.
So why is it special? This indicator pulls consistent data for you. Not only that, it updates the volume ratio with that data to ensure you always have a consistent treshold!
It tracks:
-Average daily volume 18:00>9.30 EST
-Current market volume
-Volume ratio helping you choose between High or Low volume
-Table showing the current numbers and volume state
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The indicator is fully customizable! Colors can be customized for your lines and tables. Same goes for the volume cloud.
This indicator is still a work in progress and will update as we go!
The Volume Profiler is a special indicator build for the purpose of reading Live market volume. What makes this indicator so special is the fact that there's no indicator build like this. The idea is simple: Markets grow and move, so does volume. This indicator will help us London based traders choose what volume we have for the day.
So why is it special? This indicator pulls consistent data for you. Not only that, it updates the volume ratio with that data to ensure you always have a consistent treshold!
It tracks:
-Average daily volume 18:00>9.30 EST
-Current market volume
-Volume ratio helping you choose between High or Low volume
-Table showing the current numbers and volume state
----------------------------------------------------------------------------------------------------------------------
The indicator is fully customizable! Colors can be customized for your lines and tables. Same goes for the volume cloud.
This indicator is still a work in progress and will update as we go!
Release Notes
Volume Profiler BVDS$The Volume Profiler is a special indicator build for the purpose of reading Live market volume. What makes this indicator so special is the fact that there's no indicator build like this. The idea is simple: Markets grow and move, so does volume. This indicator will help us London based traders choose what volume we have for the day.
It tracks:
-Average daily volume 18:00>9.30 EST
-Current market volume
-Volume ratio helping you choose between High or Low volume
-Table showing the current numbers and volume state
----------------------------------------------------------------------------------------------------------------------
The indicator is fully customizable! Colors can be customized for your lines and tables. Same goes for the volume cloud.
This indicator is still a work in progress and will update as we go!
Update 1:
-Changed default daily lookback from 60>30 days
-Changed default volume ratio from 29>30
These changes allow for better reading of current conditions and increase effectiveness in fast moving markets.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – 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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – 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.