It calculates and plots zigzag lines based on volatility and price movements. It has various inputs for customization, allowing you to adjust parameters like source data, length, deviation, line styling, and labeling options. The indicator identifies pivot points in the price movement, drawing lines between these pivots based on the deviation from certain price...
This is a simple but effective indicator based on simple volume. What does this indicator for you: Zones are drawn on the basis of volume peaks. It is used for this purpose the closing price to the high or to the low depending on the direction of the candle. How can this be used: With volume peaks one assumes that a movement has reached your end for the time...
The indicator is called the "Awesome Cumulative Volume Oscillator" (ACVO), which analyzes the cumulative trading volume of the underlying asset. The indicator also plots the deviation of the cumulative trading volume from the first SMA value, which is referred to as the "Cumulative Volume Deviation". The zero-line is plotted as a reference point. If the...
This script is designed to identify and display the Weis Wave Volume on a chart. The Weis Wave Volume is a volume-based indicator that helps traders analyze market waves, identify trend reversals, and assess the strength of a trend. The script calculates wave volume based on user-defined input parameters, detects price waves, and displays the results as labels on...
============ ENGLISH ============ - Description: This indicator is similar to my previous volume indicator called "ADVO" (check my profile!), which determines accumulative and distributive volume (buy/sell, bullish/bearish candles), but instead of using ALL the volume it only uses CLIMATIC VOLUME candles filtered by SMA. There's an option to ignore wicks (which is...
Hello Trader, thanks to the new request.security_lower_tf()-function we are able to calculate intrabar volume. So here is my approach. Please be aware, that the selected resolution should always be smaller than the selected chart timeframe. You can find the exact values for bullish and bearish volume in the data window. Hope it helps some of you :)
Vwap Salvatierra. an indicator that must be accompanied by other volume indicators. Benefits: - Long term Vwap. - Middle Std. deviations, Calculated automatically. - Previous zones available. How to use: when the price is >= stdev+3, look for shorts till came back to vwap whe the price is <= stdev-3, look for longs till came back to vwap if the vwap...
DESCRIPTION SSL Indicator with ATR, Volume, ADX, TakeProfit, Profit Cycle Indicator and Extended Trend Control. The component is based on moving averages, its effectiveness is greater in long periods: 4H, 1D, 1S HOW DOES IT WORK The component works with a fluctuation band in which the price moves, it consists of an upper moving average of 10 periods and a lower...
ENGLISH & SPANISH ------------------------------------- ENSLIGH The idea was initially inspired in the concepts shared by @LazyBear on his indicator "Better Volume Indicator" (). But I found it somewhat complicated and dull. So I came up with this. Concept: It changes the color of volume bars based on surrounding volume changes. Volume changes are...
The Volume Oscillator is a trend-oriented indicator that shows the strength or weakness of price trends. This indicator calculates the volume from two moving averages (MA). The value of the slow volume MA is then subtracted from the value of the fast moving average. The Volume Oscillator measures volume by analyzing the relationship between these two moving...
ENGLISH this indicator is contrarian and it's use in my strategy Strategy: when price falls the graph show as two moments with panic during the downtrend: two candlesticks of panic Both candlesticks are associating with two Volume climatic bars (when volumen double the average volume of last 10 bars). In that moment the institutions buy (remember, the...
This volume indicator detects and paints with different colors up to 3 ranges of volume level necessary to identify the price zones where large investors act and trade with the price and volume's strategy. It will be easier and faster for you to identify the important volume levels in order to apply them to your trades. The greater difference and advantage over...
Not all the high volumes are important, this tool helps to identify the relevant market volumes Can be useful to confirm a trend, a continuation or reversal
This indicator has different input parameters to detect stocks, ETFs and Cryptos with low volume or with flat candles. Low volume is measured in currency based on average volume and individual candle volume. Flat candles are detected when high=low=open=close, this is common in scales of few minutes with stocks of very low volume. Input parameter "Print Data...
Avenger 1.1 - Personal Micro Finance What is the Avenger? This indicator costs a simple 14 period RSI a cloud for it and then we have configurable over-sale and over-sale levels. There is also a tunnel which if the RSI crosses the 55 level it would buy and if it falls below the 45 level it would sell. As a bonus, Critical Volume is added, which indicates the...
How does Koncorde work? Well, we already know how we should operate, but how do I know what sharks are doing? Well, here comes the Koncorde indicator. This indicator is made up of 6 indicators. 4 trend and 2 volume. The 2 volumes are IVP (positive volume index) and IVN (negative volume index). These two indicators are interesting as they are programmed to...
- Climate volume detection - Relative volume value in bar - Automatic zone generation (possibility of configuration) - Additional features ¡¡¡Thumbs up¡¡¡