Volume Indicator
Indicators, Strategies and Libraries
Hi TV Community. It's been sometime since I published any script / utility. But today, I am back with a new script. Volume Analysis Studying volume when in trade or before taking one is very important as seasoned traders would tell you. So, this script helps you to look at volume over a specific interval from current bar. You will have to set the look-back...
Volume Indicator
A sudden increase in trading volume points to a increased probability of the price changing. News events are typical moments when volume can increase. Strong trending moves go hand in hand with an increased trading volume. It can therefore be seen as a measure of strength. One would expect high buying volume at a support level and high selling volume at a resistance level. There are several ways to use volume in a trading strategy and most traders use it in combination with other analysis techniques.
![AMZN: Volume Buy/Sell Signals [EdgeTerminal]](https://s3.tradingview.com/z/Zxi6zSn2_mid.png "Volume Buy/Sell Signals [EdgeTerminal]")
Volume Signals is an indicator based on volume moving averages and divergence to provide different types of information. The first signal is the peak volume box shown in red or green, showing the volume peak in an uptrend or downtrend. This usually is a sign of reversal or a slowdown in the trend, depending on the direction of the price. Peak zones assume that a...
Relative strength index based on volume data. Indicate volume momentum, and help you define divergences on volume. The goal is to have an idea and represent in another form volumes and kept eyes on volume momentum on a certain period. RSI is an indicator about the strength, I keep the oversold/overbought thresholds. I think it still makes sense to interpret. the...
What does this “PVSRA Candles Auto Override” Indicator do? This indicator automates PVSRA analysis for crypto traders. It finds the corresponding Binance Perpetual Futures chart for the current instrument, then replaces the current chart's volume profile with the perpetual futures data (if available) to ensure the PVSRA calculation uses the most relevant...
![BTCUSD: OBVious MA Strategy [1000X Trader]](https://s3.tradingview.com/x/XlCRR2hE_mid.png "OBVious MA Strategy [1000X Trader]")
Exploring OBV: The OBVious MA Strategy Are you using On Balance Volume (OBV) effectively? OBV is a gift to traders. OBV often provides a leading signal at the outset of a trend, when compression in the markets produces a surge in OBV prior to increased volatility. This strategy demonstrates one method of utilizing OBV to your advantage. I call it the ...
How Users Can Make Profit Using This Script: 1. Volume Representation : Each candle on the chart represents a specific time period (e.g., 1 minute, 1 hour, 1 day) and includes information about both price movement and trading volume during that period. 2. Candlestick Anatomy : A volume candle has the same components as a regular candlestick: the body (which...
A volume tool but the candles represent Volume in USD Format which is usually here are some examples of what the numbers represent on the right-hand side. .01 = $10,000 .5 = $500,000 1 = $1,000,000 50 = $50,000,000 250 = $250,000,000 1000 = $1,000,000,000 The lower line is the "Average Volume" based on lifetime history. Anytime volume is below average, this...
![AAPL: 1. [Pufferman] - Comprehensive Volume](https://s3.tradingview.com/b/bmBPA3A9_mid.png "1. [Pufferman] - Comprehensive Volume")
This indicator presents a comprehensive approach to volume analysis, incorporating several key metrics to provide traders with a detailed view of market activity. Here's what's included: 1. Cumulative Relative Volume (Intraday): This metric accumulates volume data throughout the day, comparing it to historical session averages up to the current time. It's...
Meet VITAMIN, an indicator created mainly to function as a confirmation volume indicator to integrate into strategies as a signal filter, but it can also be used as a general-purpose indicator to enhance market analysis through volume trend insights. The name was choses to help with recall, with VITAMIN short for "Volume Insight Trend Analyzer - Multilayered...
This simplified Point of Control (POC) indicator for TradingView is designed to identify and plot the price level where the highest volume of trading occurred over a specified period. The script works as follows: Input and Initialization: The user specifies a length for the analysis period. Variables highestVolPrice and highestVol are initialized to track the...
Introducing an Enhanced Version of the CDV by LonesomeTheBlue For the original version and description check this link: What Makes This Version Different than the original? This enhanced version of the CDV indicator incorporates advanced signal processing techniques to bring new depth to market analysis. Standard Deviation Bands and EMAs: These...
The High Volume Alert Script is developed for all traders focusing on volume analysis in their trading strategies, providing alerts for unusually high trading volumes during specified trading sessions. Functionality: Volume Moving Average Calculation: Average Volume = Moving Average(Volume) = Sum of last the x last candles Volume Where n is the...
Introducing the Relative Volume / Volume Breakout Multiplier (RVI) , RVI is specifically designed for traders who incorporate volume breakout analysis into their trading strategies, particularly breakout traders. This indicator provides a unique perspective on volume dynamics by quantifying the extent of volume breakouts in relation to the Simple Moving Average...
![BTCUSDT.P: Deep Volume [ChartPrime]](https://s3.tradingview.com/a/aBhdMbwT_mid.png "Deep Volume [ChartPrime]")
Deep Volume is an indicator designed to give you high fidelity volume information. It does this by utilizing real time data provided by Tradingview to generate a wide range of metrics. We have included a convenient column chart to visualize the polarity of the volume, and a table to see the real time data. This works by utilizing pine script's varip feature to...
![MNDY: Multi-Day Rolling VWAP [Intraday]](https://s3.tradingview.com/m/mBkObMct_mid.png "Multi-Day Rolling VWAP [Intraday]")
Ideas from Brian Shannon's book "Anchored VWAP" The Multi-Day Rolling VWAP indicator for intraday timeframes allows you to track the Volume Weighted Average Price (VWAP) over multiple days, specifically for 1-day, 2-day, 3-day, 4-day, and 5-day periods. This indicator beyond the standard daily VWAP provides a broader perspective on price trends and market...
█ OVERVIEW Cumulative Volume Delta (CVD) is a volume-based trading indicator that provides a visual representation of market buying and selling pressure by calculating the difference in traded volumes between the two sides. It uses intrabar information to obtain more precise volume delta information than methods using only the chart's timeframe. Volume delta...
Footprint Lite enables you to monitor volume distribution for the current ticker, offering resolutions as 1 second, segmented by specified price levels with visual representations. Additionally, you have the flexibility to customize the displayed Imbalance price level and the number of consecutive Imbalance level lines. Here are the input options: Group...
![BTCUSDT: Open Liquidity Heatmap [StratifyTrade]](https://s3.tradingview.com/u/U8Ee0pyN_mid.png "Open Liquidity Heatmap [StratifyTrade]")
Open Liquidity Heatmap is an indicator designed to display accumulated resting liquidity on the chart. Unlike any other liquidity heatmap, this aims to accumulate liquidity at specific levels that build up over time, showing larger areas of liquidity. 🔶 FEATURES The indicator includes the following settings: Lookback : Used to determine the range...