Block Transaction
Now you can visualise in real-time exactly where the big money goes in and how much.
The smaller transactions are shown by smaller blocks, and the larger transactions are shown by bigger blocks. It is as simple as that!
If the block transaction is larger than $US5 million the block be red, and if the transaction is larger than
US10 million, the block be black.This indicator will identify block transactions within the range of 100k - 1 bn. If a block transaction larger than or the equivalent of
US1 bn is to occur, the block will be orange.Large institutions invest in many different markets and sectors in various ways and so it is difficult to find trading strategies that always work. This indicator was designed to encompass an, "If you can't beat them, join them" and "follow the money" approach to trading.
There will be more developments in the near future.
Like and comment for access to the script. I may be offline so it may take up to 12 hours for your access to be granted.
Kind Regards.
informed of institutional activity and make trading decisions quickly.
If a block transaction occurs, the user will be able to visualise whether it was a purchase or sale as it will
be textualised above or below the current bar if used in combination with the Block Sell Transaction Alert indicator.
The visual representation of the transactions are customizable as you can adjust the shape, color, and
location by clicking “Format” at the top left of your chart, next to the indicator label.
In order to receive the text message and/or email alerts, you will need to make sure the correct contact
information is saved in your TradingView® account settings.
Full pdf explanation on this indicator: kenzing.com/wp-content/uploads/2018/07/Block-Transaction-Trading-Indicator-Instructions.pdf
Invite-only script
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact GrantPeace directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.
kenzing.com
Disclaimer
Invite-only script
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact GrantPeace directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.
kenzing.com