Volume-weighted bollinger (normal stats application of weighting mean) with cleaned up visualization. Shaded area represents1sd-2sd move size for trailing 20 period average on timeframe for individual candles.
If the RSI indicator shows the dominance of purchases over sales, it is interesting to know the speed of purchases. We calculate the speed using the wt indicator. We compute WT (RSI,len). Setting and designation of indicator RSI_SpeedUP. The RSI lines you are looking for are shown in smooth lines. The speed is shown by stepped lines.
In the indicator RSI and...
Advance-Decline Volume Percent (AD Volume Percent) is a breadth indicator
that measures the percentage of Net Advancing Volume for a particular group
of stocks, such as an index or ETF. Net Advancing Volume equals the volume
of advances less the volume of declines. AD Volume Percent equals Net Advancing
Volume divided by total volume for the group. AD...
pull another symbol volume
*need MEX's volume devided XBTUSD
if you input another symbol as sym2, please comment out line 11 and remove "/mext" on line 12
Price Movement / Force
A script that uses Volume and price movement to indicate Bullish/Bearish momentum, like a hindsight MACD.
This is a part of Project XIAM.
◊ Theoretical Approach
Philosophy γ :: consequential
Early Indication of Bullish/Bearish momentum, before price reversal.
CLEANSIGNAL can be used as input...
This script adds a volume indicator that is normalized by SMA(50) by default. This will help you easily see whether the volume is _actually_ high or not. It also highlights when volume is exceeding the average by making the column a darker color.
* This changes the volume into a percentage, so don't use this number for calculations
* Make sure to...
Cheap thing to throw over your charts when scrolling through the likes of Binance, Bittrex or whatever
Highlights the Golden Cross region ("It's alt season!") -- configurable
Attempts to highlight potential "out of season" blatant accumulation via large volume spikes -- %age spike configurable
This is a very simplified script of Chris Moody’s original COT Commercials net position script, updated to Pine Script version 4. I stripped out just the Open Interest and it shows the weekly changes in Open Interest.
I have been asked by @Coppermine and @Verbena to make bands that use volume to provide adaptive results. My first approach was to use exponential averaging, in order to do so i needed to quantify volume movement using rescaling with the objective to make the bands go away from each others when there is low volume, this approach is efficient and can...