What is Volume Profile?
Volume Profile is an advanced order flow analysis which displays volume distribution at various price points over time. It may be called a recent biodata of a stock which is displayed on a chart as a horizontal histogram. Volume Profile can help reveal significant price levels where smart money is sitting.
Why Volume Profile is...
This is a candlestick charted Relative Strength indicator. It compares the chosen stock's progress compared to that of the SPY ETF ... ( SPY is used so it should hopefully update intraday). I use this indicator to see which stocks are outperforming the market.
Input Variable Descriptions:
Ratio: this variable is a float (0 to 1) that is basically how close the...
This Indicator is developed as mentioned in Steve Woods Book
"Float Analysis, Powerful technical Indicators using Price and Volume"
Overview
Float analysis is a holistic approach to studying the technical behavior
of stocks. By this I mean it treats the shares actually being traded as equal in importance to price and volume activity. Thus, price and...
An interesting implementation of mine to measure an asset changes based on asset price velocity and volume velocity. The indicator acts as asset value calculator. Long and Short.
==Points System Rules==
UPTRENDING
If Current Close is higher than previous Close and Current Volume is bigger than previous Volume: Adds Close Points and Volume Points
Otherwise...
Smoothed, Simplified, and Color-coded OBV to easily understand the price direction.
Primarily uses Price Action, Moving Averages(EMA), and Volume
Green Zone is Uptrend
Red Zone is the Downtrend.
Confirm the direction with other indicators
Check multiple timeframes.
Simplified Bull/Bear Strengths Indicator uses price action, volume flow, and candlesticks to calculate bull and bear strengths, also known as buying and selling pressures.
Green/Red Volume Bars can be misleading at times
This indicator shows the net bull/bear power
Recommended to be used in combination with indicators to find reversal signals.
For...
Releasing this test script for PVT ratios using sub-interval harmonics at a 1D, 4H, 1H, 45M, 15M and 5M level.
It basically takes the PVT values for a rolling periodic interval and gets the (avg - min)/max for that interval (the ratio).
Then it colors it based on the subinterval next to it. Just think of it as rolling Ichimoku clouds, but in real-time using...
This is a momentum and volume based strategy. Plot "@sumonpal 1.1 Momentum Indicator" & "@sumonpal 1.2 Volume Trend" indicators to check the trading signals.
1. Barcolor is GREEN -> When Momentum is in green region and Volume is in green region
2. Barcolor is RED -> When Momentum is in red region and Volume is in red region.
3. Barcolor is YELLOW -> Volume and...
Freedom of Movement Indicator
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In “Evidence-Based Support & Resistance” article, author Melvin Dickover introduces two new indicators to help traders note support and resistance areas by identifying supply and demand pools. Here you can find the support-resistance technical indicator called "Freedom of...
Bollinger bands says whether price or any source is relatively high or low at any particular point of time. We can apply Bollinger bands on RSI and volume indicator Price Volume Trend to identify if RSI movement or PVT movement is relatively high or low.
By calculating Bollinger %B, we can define the variation in a range between 0 to 1. By applying Bollinger %B...
This Indicator can be used for finding the supply and demand zone. Supply and demand has been fetched from the past 10 days volatility of the particular stock. And the main thing is the target and stop-loss were arrived based on the Fibonacci retracement.
Shenlong V2 is a script developed to facilitate the interpretation of long and short entries according to various conditionals that play with the trend.
The use of trend clouds has been implemented, which can be used as dynamic support / resistance . They also allow us to identify the current price cycle according to these guidelines, marking with a LONG or SHORT...
Bullish and bearish engulfing candles marked with horizontal lines around engulfed candle.
This indicator can be used to assist in locating potential supply and demand zones.
The fresh zones will be of green and red line colors and the tested zone lines are grey in color.
What does the turnover rate mean?
1. The higher the stock’s turnover rate, the more active the stock’s trading and the higher people’s willingness to buy the stock, which is a popular stock; conversely, the lower the stock’s turnover rate, it means the stock few people pay attention to it, which is an unpopular stock.
2. A high turnover rate generally means that...
Average High Traded Volume (Nodes) - (Expo) automatically identifies and displays High Traded Volume Nodes.
Levels/Zones are displayed where there has been a significant level of trading activity and when there has been both high supply and demand. These levels can leave clues for future price behavior and act as support/resistance zones.
The indicator can...
This Indicator is a volume indicator but with price action ...
Dark Blue = Price and Volume both increasing
Light Blue = Price is increasing and Volume is decreasing
Dark Pink = Price and Volume both decreasing
Light Pink = Price is decreasing and Volume is increasing
BB - baby bar / inside bar
DF - downflow, meaning 20MA below 50MA
EXE - execution bar, indicator to short
Mainly to identify execution bar for shorting using inside bar identification and force top
![BTCUSD: [Steve Woods Float Analysis ] Volume Float Indicator](https://s3.tradingview.com/3/3Np68h3T_mid.png "[Steve Woods Float Analysis ] Volume Float Indicator")
