Volume Delta [Vu]The volume profile indicator is a technical analysis tool that visualizes trading activity at different price levels, rather than by time, on a price chart. It uses a horizontal histogram to show where high volumes of trades occurred, allowing traders to identify key price levels such as support and resistance, and to understand market sentiment. Key features include the Point of Control (POC), the price with the highest volume, and the Value Area, a range containing a significant portion of total trading
Freedomofmovement
Alpha Trend IndicatorThe Alpha Trend Indicator is a custom-built trend-following tool designed to help traders identify market direction, trend strength, and potential reversal points with high accuracy. It combines multiple technical concepts—ATR (Average True Range), CCI (Commodity Channel Index), and either MFI (Money Flow Index) or RSI (Relative Strength Index)—to create a dynamic trend detection system.
🔑 Key Features:
Adaptive Trend Line – Uses ATR and CCI logic (similar to Trend Magic) to plot an Alpha Trend line that adjusts to volatility.
MFI / RSI Flexibility – Option to switch between MFI (volume-based momentum) or RSI (price-based momentum) for more tailored analysis.
Alpha Trend Offset – Plots a 2-bar shifted reference line to detect changes in price momentum.
Buy & Sell Signals – Automatically detects bullish and bearish crossovers between Alpha Trend and its offset line, marking potential entries and exits.
Visual Trend Zones – Fills the space between Alpha Trend and its offset with green (bullish) or red (bearish) highlights, making trend direction easy to see at a glance.
Alerts – Built-in alert conditions for Buy and Sell signals so traders never miss an opportunity.
📊 How It Works:
Trend Detection –
When CCI > 0, the Alpha Trend line is set below recent lows minus volatility (ATR).
When CCI < 0, it shifts above recent highs plus volatility.
Momentum Confirmation –
MFI/RSI adds an extra confirmation layer to avoid false signals.
Trading Signals –
Buy Signal: When Alpha Trend crosses above its offset line.
Sell Signal: When Alpha Trend crosses below its offset line.
⚡ Best Use:
Works on all timeframes (scalping, swing trading, long-term analysis).
Suitable for Forex, Crypto, Stocks, and Commodities.
Can be combined with support/resistance or volume analysis for even stronger setups.
SARCThis indicator aims to indicate the correlation between two assets(Current and Base), it does NOT show entries or help your chart analysis directly.
The main features of this Correlation indicator is :
Correlation type : Direct Correlation | Inverse Correlation | No Correlation
Correlation Percentage : as its name, it calculate the Correlation Percentage between Current and base assets if exist
Correlation Leader : If there is a correlation , it indicates which asset follows the other (Current Asset Follows Base | Base Follows Current Asset)
Correlation bars : if the box (Show Correlation Candles) on the settings was True, it will show GREEN lines above candles which have direct correlation and RED lines above candles which have inverse correlation
How to use: Chose the base asset (default: bitcoin) and open any other chart to be the other -Current- asset
inputs:
Max Lookback length : how many candles will be included in the scan.
Correlation Factor : how stronger the correlation should be to include the candle(E.g. if set to 50, if any candle correlation was less than 50 it will be ignored), If you are confused leave it as its default.
Base Asset : The base asset to calculate the current asset correlation with.
Show Correlation Candles : (True | false) explained above on the main features.
Note: this indicator uses every single candle and compare it to the base same time candle, after some time I will post another similar indicator, BUT the new one will use the whole direction of the assets instead of each candle alone, I hope one of them can help you.
For any notes on the indicator to be edited, or for another indicator ideas please comment.
