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ค้นหาในสคริปต์สำหรับ "volume indicator"

Price ActionFirst, you have to know price action, RTM price action Handbook could help you this indicator shows you base and momentum candles base candles could be zones of trade that show you fighting of bulls and bears, and momentum candles could show the power of those zones. Base candles are white in the chart, and you can place your order at the good zone. Rally candles and drop candles are momentum candles, and bold rally and bold drop show that it is more powerful than its before candle. Zigzag compression is one way that shows the compression in trend. it looks like the Wedges pattern at classic technical that shows pending orders are closed, so the target zone could be powerful to reverse the trend. Black background of candle means that candle doesn't reach its before candle and so it is poor candle, I named it domination. It is better to do not trade at poor candles. At the end, I find Price action the best way to trade, and it makes you free of other indicator, even volume indicator. This indicator is good for those who use price action strategy to trade and those who want to learn the price action. It could be so helpful and reliable way to find the zones, and place buy or sell order and the target, specially for scalping.
อินดิเคเตอร์ Pine Script®
โดย erfan_abedi
65
CT Reverse Chande Momentum OscillatorIntroducing the Caretakers Reverse Chande Momentum Oscillator. The Chande momentum oscillator is a technical momentum indicator which calculates the difference between the sum of recent gains and the sum of recent losses and then divides the result by the sum of all price movement over the same period. It is used to gauge “pure momentum”. It bears similarities to other momentum indicators such as the Stochastic, Rate of Change and the Relative Strength Index, but other unique features render it a handy tool in the traders handset. The CMO was developed by Tushar Chande. The author introduced the indicator in his 1994 book “The New Technical Trader “. The CMO has a normal range of values between +100 and -100. I have reverse engineered the CMO formula to derive a dual purpose function. The function can calculate the chart price at which the CMO will reach a particular CMO scale value. The function can also calculate the chart price at which the CMO will equal its previous value. I have employed this function here to give the price level where the CMO will equal : Upper alert level ( default 50 ) Zero-Line Lower alert level ( default -50 ) Previous CMO value These crossover levels are displayed via an optional infobox with choice of user selected info. The advantage of knowing the exact prices that this will happen should give the user an additional edge and precision in risk management. Traditionally traders and analysts will consider: Positives values above 50 indicate an “overbought” condition Negative values below -50 indicate an “oversold” condition Common traditional ways to derive signals from the CMO : When the CMO crosses above the zeroline, a buy signal is generated. When the CMO crosses below the zeroline, a sell signal is generated. When the SMI crosses below -50 and then moves back above it, a buy signal is generated. When the SMI crosses above +50 and then moves back below it, a sell signal is generated. Traditionally, traders also look for divergences between the CMO and price action. Chande Momentum oscillating in a narrower band around the zero line, with no penetration of the Overbought and Oversold levels indicates a ranging market. This should not be confused with Chande Momentum oscillating between either the Overbought and the zero line, or the Oversold level and the zero line, which indicates a strong up, or down-trend. It is traditionally considered that the strongest trend signals are from failed swing patterns. It measures momentum on both up and down days and does not smooth results, triggering more frequent oversold and overbought penetrations. The CMO is often used to determine overall market trendiness in conjunction with the SMI where the SMI is used to determine the direction of the trend, and also with volume indicators to show if the momentum carries significant selling or buying pressure.
อินดิเคเตอร์ Pine Script®
โดย The_Caretaker
4
Improved On balance volume with BB channel and double MAThis is an improved version of the on balance volume indicator. I made it inside a bollinger band channel, so we can define better the zones. At the same time I applied 2 moving averages on OBV, to get a better idea of the trend and at same time that change direction of the trend. Green - > uptrend - > we look for buy positions Red - > downtrend -> we look for sell positions. At the same time we have to be aware of crosses on bollinger bands, which can indicate a change in the trend .
อินดิเคเตอร์ Pine Script®
โดย SoftKill21
EASY SYSTEM v1So here I try to make the easy system better using different scripts I keep the donchian % channel from easy first version --this good for setting your take profit or your stop loss use it wisely I add the top and bottom finder - here I advise to use also another indicator to verify the spots , the last one always be the bottom but in dump it will show few bottom until it find the true bottom I add bullish area zone and bearish area zone with colors which is optional if you want to see the trend that you are now add pivot system with MTF for also helping to see the tops and the bottom I suggest you to add linear channel of 200 length on top it so it will be more easy to see where the asset is going Also see the volumes (I have many volumes indicators or any volume indicator of your choice your Aim is to buy the lowest - and sell the highest so patience sometime can save you allot of money most of mistakes is because we want to win and we enter either too early or too late .
อินดิเคเตอร์ Pine Script®
โดย RafaelZioni
Colored Volume Bars All Markets: Combining Volume SourcesUsing volume in Forex is potentially misleading as we are only provided the broker volume or futures exchange volume for the currency or commodity in a decentralised market. This code combines the volumes from FXCM, Onanda and futures for the instrument being studied. The combination of the volumes could improve the reliability of the volume being considered. Using this approach other volume indicators can also be improved.
อินดิเคเตอร์ Pine Script®
โดย SteynTrade
5
Simple TrenderOriginates from: I was reading some Impulse Trading literature by A. Elder.. In it, someone named Kerry Lovvorn proposed "An End of Day Trend Following System" for someone lazy. Originally it is just price closing above an 8 ema (low) for long. Exit when price closes below an 8 ema (low). The opposite for a short position. Conditions: Buy when price closed below ema (low) for two bars or more, then closes above. Opposite for a short position. I do not follow this condition. Though it may help with whipsaw. My condition is when price closes above the 26 ema (low) (works the best for me) I place orders above the initial crossing bars high. Opposite for lows. I look for stocks that are low in price to go long on. I want the run from 2's to 15's I look for stocks that are mid-teens/20's in price to go short on. I want the run from 20's to 2's I look for stock with news and earnings that are already running (up or down) to play the pullback. These conditions can easily be scanned for on thinkorswim From first glance, the system looks like CMsling shotsystem. Although, I plagiarized some parts of the codes, because I am inept when it comes to that shit, it differs as it is not a moving average crossover system. It is a price crossing over concept. A moving average VWAP is used for best entries on pullbacks. Purpose: --To catch the majority of a trend/wave/run. --To identify pullback areas to go long or short while in midst of trend. To catch pullbacks off news and earning runners. --To catch the initial start of trend with clear rules to enter --Clear rules to exit Issues --possibilities of getting ninja sliced the fuck up. Can be mitigated by entering stocks with decent average volume. And also only going long above 200 ema and short below it. ADX won't work, at the initial start of the trend it will show not trending. Can look at blow off volume at the bottom followed by increase in buying for long and vice versa for short. --Can give some huge gains away through gap ups or gap downs from news or earnings during trend. However, can get huge gain on gaps from news or earning. Nature of the game. --Need some brass balls and a supply of pepto to stomach through some of the pullbacks. Gut wrenching seeing big gains dwindle. But they all even out at the end, you hope. (see NBEV and IGC, and CRON and others. shit don't go in straight lines, homie) Pros --It's simple and easy. Overall, you profit --works with any security Cons --It can be stressful. --does not work well on lower time frames. Do not recommend going below 15 minutes --Possibility of working on 5 minutes with a time frame breakout strategy (15,30 min). Couple it with LazyBear "Weis Wave Volume" indicator. Works well for pullback entries. Enjoy. Ride some waves.
อินดิเคเตอร์ Pine Script®
โดย NYBKLYN
6
BlackCompositIndicator4OverlayThis is not new indicator. // Candle Patterns Indicator created by Robert N. 030715 // Volume Indicator @author LazyBear // Updated and translated by Blyayshman Это не новый индикатор - это компиляция нескольких для удобства одновременного отображения и экономии разрешенных индикаторов. Эта версия для отображения на главном экране, вместе с графиком. Можно отобразить до 4-х MA, 2-х EMA и анализатор паттернов японских свечей. Пожелания и предложения приветствуются.
อินดิเคเตอร์ Pine Script®
โดย blyayshman
Hersheys Volume Pressure v1Hersheys Volume Pressure gives you very nice confirmation of trend starts and stops using volume and price. For up bars... If you have a large price range with low volume, that's very bullish. If you have a small price range with low volume, that's bullish. For down bars... If you have a large price range with low volume, that's very bearish. If you have a small price range with low volume, that's bearish. Look at the chart and you'll see how trends start and end with a PINCH and widen in the middle of the moves. Hersheys Volume Pressure is unique, in that it measures bull/bear pressure on each bar by itself. Other volume indicators like On Balnce Volume and Price Volume Trend use cumulative differences in the current and previous bar to show trends. You can set the moving average period, 14 is the default. Good trading! Brian Hershey
อินดิเคเตอร์ Pine Script®
โดย bnh
4
MoBo Bands - Momentum Breakout IndicatorDESCRIPTION MoBo Bands (Momentum Breakout Bands) is a volatility-based breakout detection indicator that helps traders identify potential momentum shifts in the market. The indicator uses dynamic bands calculated from standard deviation to signal when price breaks above or below established ranges, indicating potential bullish or bearish momentum changes. ═════════════════════════════════════════════════════════════ KEY FEATURES ═════════════════════════════════════════════════════════════ - Dynamic upper and lower bands based on standard deviation - Color-coded bands that change based on breakout direction (green for bullish, red for bearish) - Visual breakout arrows marking entry points above/below bands - Optional colored fill zones between bands showing current momentum state - Customizable displacement for band projection - Built-in alert system for breakout and breakdown signals ═════════════════════════════════════════════════════════════ HOW IT WORKS ═════════════════════════════════════════════════════════════ The indicator calculates a middle line using a Simple Moving Average (SMA) with upper and lower bands positioned using standard deviation multipliers. When price closes above the upper band, a bullish breakout (green) is signaled. When price closes below the lower band, a bearish breakdown (red) is signaled. The bands and fill zones remain colored until the opposite signal occurs, providing clear visual confirmation of the current momentum state. ═════════════════════════════════════════════════════════════ CUSTOMIZABLE INPUTS ═════════════════════════════════════════════════════════════ CALCULATION PARAMETERS: - Price Source - Select which price data to use (default: close) - Length - Period for SMA and standard deviation calculation (default: 10) - Num Dev Up - Standard deviation multiplier for upper band (default: 0.8) - Num Dev Down - Standard deviation multiplier for lower band (default: -0.8) - Displace - Shift bands forward for projection analysis (default: 0) DISPLAY OPTIONS: - Colored Mobo - Enable/disable color-coded bands - Colored Fill - Enable/disable fill zones between bands - Break Arrows - Show/hide breakout and breakdown arrows ALERT OPTIONS: - Show Alerts - Enable/disable alert conditions ═════════════════════════════════════════════════════════════ USAGE GUIDE ═════════════════════════════════════════════════════════════ Watch for price to close outside the bands as potential breakout signals: BULLISH BREAKOUT: Green arrow appears below the lower band when price closes above the upper band, indicating upward momentum shift. BEARISH BREAKDOWN: Red arrow appears above the upper band when price closes below the lower band, indicating downward momentum shift. The bands also serve as dynamic support and resistance levels. When bands are green, momentum is bullish. When bands are red, momentum is bearish. ═════════════════════════════════════════════════════════════ BEST PRACTICES ═════════════════════════════════════════════════════════════ - This indicator works well on liquid futures contracts (MNQ, MES, MYM, MGC, MCL) and major currency pairs across multiple timeframes - Lower deviation values (0.5-1.0) produce more frequent signals suitable for scalping - Higher deviation values (1.5-2.5) filter for stronger breakouts ideal for swing trading - Combine with volume indicators for additional confirmation - Use with momentum oscillators to validate breakout strength - Best results in trending market conditions - Consider the overall market context and trend direction ════════════════════════════════════════════════════════════ ALERT CONFIGURATION ═════════════════════════════════════════════════════════════ Configure custom alerts for automated notifications: - "MoBo BreakOUT" - Triggers on bullish breakout signals - "MoBo BreakDOWN" - Triggers on bearish breakdown signals Set alerts to "Once Per Bar Close" for confirmed signals and avoid false triggers during bar development. ═════════════════════════════════════════════════════════════ IDEAL FOR ═════════════════════════════════════════════════════════════ - Day traders and scalpers on futures markets - Swing traders looking for momentum shifts - Breakout trading strategies - Trend following systems - Works on stocks, forex, crypto, and commodities - Effective across multiple timeframes (1min to daily) ═════════════════════════════════════════════════════════════ Perfect for traders seeking clear visual breakout signals with minimal lag. The color-coded system and arrow markers make it easy to identify momentum changes at a glance. © 2024 NPR21 | Mozilla Public License 2.0 Open-source script NPR21 Disclaimer The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by
อินดิเคเตอร์ Pine Script®
โดย NPR21
2
Victor's Price OscillatorOverview Victor Sperandeo is a legendary trader, market wizard, and author, famed for his trend-following strategies and expertise in technical analysis. Victor's Price Oscillator is a classic momentum technical indicator focused purely on price action and price change momentum. It measures the strength and direction of underlying price momentum by calculating cumulative short term price differences and their net change over time. This indicator is designed to identify accelerating or decelerating price movement for stocks, indices, commodities and all tradable assets. Core Calculation Logic The indicator uses a straightforward and transparent mathematical calculation with no complex formulas, all steps follow the original design completely: Calculate the price difference for each bar : Current bar closing price minus the closing price from a set number of bars in the past Sum these individual price differences across a defined lookback period to get a cumulative price change value Compute the final oscillator reading by subtracting the historical cumulative value (from a set offset period) from the current cumulative value Plot the net oscillator value as a single line to visually show the trend of price momentum strength Parameter Quick Intro Cumulative Period: Defines momentum calculation window Price Offset: Sets price comparison lag Signal Offset: Measures net momentum change Key Interpretation & Usage Guidelines Positive oscillator values indicate active upward price momentum. The higher the positive value, the stronger and more sustained the upward price movement Negative oscillator values indicate active downward price momentum. The lower the negative value, the stronger and more sustained the downward price movement Rising oscillator line shows accelerating price momentum in the current trend direction (bullish momentum strengthening for up trends, bearish momentum strengthening for down trends) Falling oscillator line shows decelerating price momentum in the current trend direction (bullish momentum weakening for up trends, bearish momentum weakening for down trends) This oscillator is best used as a momentum confirmation tool. Combine it with trend analysis, support and resistance levels or volume indicators for comprehensive trading decisions and improved accuracy
อินดิเคเตอร์ Pine Script®
โดย gary186
Double Weighted Moving Average (DWMA)# DWMA: Double Weighted Moving Average ## Overview and Purpose The Double Weighted Moving Average (DWMA) is a technical indicator that applies weighted averaging twice in sequence to create a smoother signal with enhanced noise reduction. Developed in the late 1990s as an evolution of traditional weighted moving averages, the DWMA was created by quantitative analysts seeking enhanced smoothing without the excessive lag typically associated with longer period averages. By applying a weighted moving average calculation to the results of an initial weighted moving average, DWMA achieves more effective filtering while preserving important trend characteristics. ## Core Concepts * **Cascaded filtering:** DWMA applies weighted averaging twice in sequence for enhanced smoothing and superior noise reduction * **Linear weighting:** Uses progressively increasing weights for more recent data in both calculation passes * **Market application:** Particularly effective for trend following strategies where noise reduction is prioritized over rapid signal response * **Timeframe flexibility:** Works across multiple timeframes but particularly valuable on daily and weekly charts for identifying significant trends The core innovation of DWMA is its two-stage approach that creates more effective noise filtering while minimizing the additional lag typically associated with longer-period or higher-order filters. This sequential processing creates a more refined output that balances noise reduction and signal preservation better than simply increasing the length of a standard weighted moving average. ## Common Settings and Parameters | Parameter | Default | Function | When to Adjust | |-----------|---------|----------|---------------| | Length | 14 | Controls the lookback period for both WMA calculations | Increase for smoother signals in volatile markets, decrease for more responsiveness | | Source | close | Price data used for calculation | Consider using hlc3 for a more balanced price representation | **Pro Tip:** For trend following, use a length of 10-14 with DWMA instead of a single WMA with double the period - this provides better smoothing with less lag than simply increasing the period of a standard WMA. ## Calculation and Mathematical Foundation **Simplified explanation:** DWMA first calculates a weighted moving average where recent prices have more importance than older prices. Then, it applies the same weighted calculation again to the results of the first calculation, creating a smoother line that reduces market noise more effectively. **Technical formula:** ``` DWMA is calculated by applying WMA twice: 1. First WMA calculation: WMA₁ = (P₁ × w₁ + P₂ × w₂ + ... + Pₙ × wₙ) / (w₁ + w₂ + ... + wₙ) 2. Second WMA calculation applied to WMA₁: DWMA = (WMA₁₁ × w₁ + WMA₁₂ × w₂ + ... + WMA₁ₙ × wₙ) / (w₁ + w₂ + ... + wₙ) ``` Where: - Linear weights: most recent value has weight = n, second most recent has weight = n-1, etc. - n is the period length - Sum of weights = n(n+1)/2 **O(1) Optimization - Inline Dual WMA Architecture:** This implementation uses an advanced O(1) algorithm with two complete inline WMA calculations. Each WMA uses the dual running sums technique: 1. **First WMA (source → wma1)**: - Maintains buffer1, sum1, weighted_sum1 - Recurrence: `W₁_new = W₁_old - S₁_old + (n × P_new)` - Cached denominator norm1 after warmup 2. **Second WMA (wma1 → dwma)**: - Maintains buffer2, sum2, weighted_sum2 - Recurrence: `W₂_new = W₂_old - S₂_old + (n × WMA₁_new)` - Cached denominator norm2 after warmup **Implementation details:** - Both WMAs fully integrated inline (no helper functions) - Each maintains independent state: buffers, sums, counters, norms - Both warm up independently from bar 1 - Performance: ~16 operations per bar regardless of period (vs ~10,000 for naive O(n²) implementation) **Why inline architecture:** Unlike helper functions, the inline approach makes all state variables and calculations visible in a single scope, eliminating function call overhead and making the dual-pass nature explicit. This is ideal for educational purposes and when debugging complex cascaded filters. > 🔍 **Technical Note:** The dual-pass O(1) approach creates a filter that effectively increases smoothing without the quadratic increase in computational cost. Original O(n²) implementations required ~10,000 operations for period=100; this optimized version requires only ~16 operations, achieving a 625x speedup while maintaining exact mathematical equivalence. ## Interpretation Details DWMA can be used in various trading strategies: * **Trend identification:** The direction of DWMA indicates the prevailing trend * **Signal generation:** Crossovers between price and DWMA generate trade signals, though they occur later than with single WMA * **Support/resistance levels:** DWMA can act as dynamic support during uptrends and resistance during downtrends * **Trend strength assessment:** Distance between price and DWMA can indicate trend strength * **Noise filtering:** Using DWMA to filter noisy price data before applying other indicators ## Limitations and Considerations * **Market conditions:** Less effective in choppy, sideways markets where its lag becomes a disadvantage * **Lag factor:** More lag than single WMA due to double calculation process * **Initialization requirement:** Requires more data points for full calculation, showing more NA values at chart start * **Short-term trading:** May miss short-term trading opportunities due to increased smoothing * **Complementary tools:** Best used with momentum oscillators or volume indicators for confirmation ## References * Jurik, M. "Double Weighted Moving Averages: Theory and Applications in Algorithmic Trading Systems", Jurik Research Papers, 2004 * Ehlers, J.F. "Cycle Analytics for Traders," Wiley, 2013
อินดิเคเตอร์ Pine Script®
โดย mihakralj
Cycle-Synced Channel Breakout📌 Cycle-Synced Channel Breakout – Detect Breakouts Confirmed by Candles and Momentum Cycles 📖 Overview The Cycle-Synced Channel Breakout indicator is a precision breakout detection tool that combines the power of: • Adaptive Keltner Channels • Dominant Cycle Period Analysis (Ehlers-inspired) • Candlestick Pattern Recognition (Engulfing) This multi-layered approach helps identify true breakout opportunities by filtering out noise and false signals, making it ideal for swing traders and intraday traders seeking high-probability directional moves. ⚙️ How It Works 1. Keltner Channel Envelope A dynamic volatility channel based on the EMA and ATR defines the upper and lower bounds of price movement. 2. Engulfing Candle Detection The script detects strong bullish and bearish engulfing patterns, which often signal trend reversals or momentum continuations. 3. Dominant Cycle Momentum (Ehlers-inspired) Using a smoothed power oscillator derived from a detrended price series, the indicator assesses whether momentum is accelerating during the breakout — filtering out weak moves. 4. Signal Confirmation Logic A signal is only shown when: • An engulfing pattern is detected, and • Price breaks out of the Keltner Channel, and • Momentum (cycle power) is rising 5. Visual Feedback • Breakout signals are plotted with “BUY” or “SELL” labels • Faded green/red background highlights confirmed breakouts • Optional display of engulfing candles with triangle markers ⸻ 🛠️ Key Features • ✅ Adaptive Keltner Channels • ✅ Bullish/Bearish Engulfing Candle Recognition • ✅ Ehlers-style Cycle Momentum Confirmation • ✅ Background highlights for confirmed breakouts • ✅ Optional candle pattern visualization • ✅ Lightweight and Pine v6 compatible ⸻ 🧪 Inputs • Keltner Length – EMA period for channel basis • Multiplier – Multiplied with ATR to determine band width • Cycle Lookback – Used to calculate smoothed cycle power • Show Engulfing Candles? – Toggles candlestick signals • Show Breakout Signals? – Toggles breakout labels and backgrounds ⸻ 🧠 How to Use • Look for “BUY” or “SELL” labels when: • An engulfing candle breaks through the Keltner Channel • Cycle momentum confirms strength behind the move • The background color will faintly highlight the breakout direction. • Use in combination with other trend or volume indicators for added confluence. 🔒 Notes • This indicator is not repainting. • It is designed for educational and research purposes only. • Works across all timeframes and asset classes (stocks, crypto, forex, etc.)
อินดิเคเตอร์ Pine Script®
โดย TradeTechanalysis
BACAP PRICE STRUCTURE 21 EMA TREND21dma-STRUCTURE Overview The 21dma-STRUCTURE indicator is a sophisticated overlay indicator that visualizes price action relative to a triple 21-period exponential moving average structure. Originally developed by BalarezoCapital and enhanced by PrimeTrading, this indicator provides clear visual cues for trend direction and momentum through dynamic bar coloring and EMA structure analysis. Key Features Triple EMA Structure - 21 EMA High: Tracks the exponential moving average of high prices - 21 EMA Close: Tracks the exponential moving average of closing prices - 21 EMA Low: Tracks the exponential moving average of low prices - Dynamic Cloud: Gray fill between high and low EMAs for visual structure reference Smart Bar Coloring System - Blue Bars: Price closes above all three EMAs (strong bullish momentum) - Pink Bars: Daily high falls below the lowest EMA (strong bearish signal) - Gray Bars: Neutral conditions or transitional phases - Color Memory: Maintains previous color until new condition is met Dynamic Center Line - Trend-Following Color: Green when all EMAs are rising, red when all are falling - Color Persistence: Maintains trend color during sideways movement - Visual Clarity: Thicker center line for easy trend identification Customizable Visual Elements - Adjustable line thickness for all EMA plots - Customizable colors for bullish and bearish conditions - Configurable trend colors for uptrend and downtrend phases - Optional bar color changes with toggle control How to Use Trend Identification - Rising Green Center Line: All EMAs trending upward (bullish structure) - Falling Red Center Line: All EMAs trending downward (bearish structure) - Flat Center Line: Maintains last trend color during consolidation Momentum Analysis - Blue Bars: Strong bullish momentum with price above entire EMA structure - Pink Bars: Strong bearish momentum with high below lowest EMA - Gray Bars: Neutral or transitional momentum phases Entry and Exit Signals - Bullish Setup: Look for blue bars during green center line periods - Bearish Setup: Look for pink bars during red center line periods - Exit Consideration: Watch for color changes as potential momentum shifts Structure Trading - Support/Resistance: Use EMA cloud as dynamic support and resistance zones - Breakout Confirmation: Bar color changes can confirm structure breakouts - Trend Continuation: Color persistence suggests ongoing momentum Settings Visual Customization - Change Bar Color: Toggle to enable/disable bar coloring - Line Size: Adjust thickness of EMA lines (default: 3) - Bullish Candle Color: Customize blue bar color - Bearish Candle Color: Customize pink bar color Trend Colors - Uptrend Color: Color for rising EMA center line (default: green) - Downtrend Color: Color for falling EMA center line (default: red) - Cloud Color: Fill color between high and low EMAs (default: gray) Advanced Features Modified Bar Logic Unlike traditional EMA systems, this indicator uses refined conditions: - Bullish signals require close above ALL three EMAs - Bearish signals require high below the LOWEST EMA - Enhanced precision reduces false signals compared to single EMA systems Trend Memory System - Intelligent color persistence during sideways movement - Reduces noise from minor EMA fluctuations - Maintains trend context during consolidation periods Performance Optimization - Efficient calculation methods for real-time performance - Clean visual design that doesn't clutter charts - Compatible with all timeframes and instruments Best Practices Multi-Timeframe Analysis - Use higher timeframes to identify overall trend direction - Apply on multiple timeframes for confluence - Combine with weekly/monthly charts for position trading Risk Management - Use bar color changes as early warning signals - Consider position sizing based on EMA structure strength - Set stops relative to EMA support/resistance levels Combination Strategies - Pair with volume indicators for confirmation - Use alongside RSI or MACD for momentum confirmation - Combine with key support/resistance levels Market Context - More effective in trending markets than choppy conditions - Consider overall market environment and sector strength - Adjust expectations during high volatility periods Technical Specifications - Based on 21-period exponential moving averages - Uses Pine Script v6 for optimal performance - Overlay indicator that works with any chart type - Maximum 500 lines for clean performance Ideal Applications - Swing trading on daily charts - Position trading on weekly charts - Intraday momentum trading (adjust timeframe accordingly) - Trend following strategies - Structure-based trading approaches Disclaimer This indicator is for educational and informational purposes only. It should not be used as the sole basis for trading decisions. Always combine with other forms of analysis, proper risk management, and consider your individual trading plan and risk tolerance. Compatible with Pine Script v6 | Works on all timeframes | Optimized for trending markets
อินดิเคเตอร์ Pine Script®
โดย Alex_PrimeTrading
1
Hull Moving Average RibbonGradient Wave HMA - Multi-Ribbon Hull Moving Average System Overview The Gradient Wave HMA is an advanced technical indicator that transforms Alan Hull's Hull Moving Average (HMA) into a dynamic multi-layered ribbon system. Unlike traditional moving average ribbons that use simple or exponential calculations, this indicator applies Hull's innovative lag-reduction formula across 12 different timeframes simultaneously, creating a visually striking gradient effect that flows with market momentum. Technical Foundation This indicator is built upon the Hull Moving Average, developed by Alan Hull in 2005. The HMA uses a weighted moving average calculation designed to almost eliminate lag while maintaining curve smoothness: HMA = WMA(2*WMA(n/2) − WMA(n), sqrt(n)) Credit: Alan Hull (www.alanhull.com) Key Features Multi-Period Ribbon Structure 12 individual HMA lines with customizable periods Preset configurations for different trading styles: Fast: 3-30 period range (scalping/intraday) Swing: 8-55 period range (swing trading) Position: 20-100 period range (position trading) Custom: User-defined periods 2. Neon Gradient Visualization Bullish Gradient: Transitions from blue-purple to hot purple Bearish Gradient: Flows from hot pink to purple-pink Each line has a unique color in the spectrum Gradient fills between lines create depth and visual flow 3. Advanced Alert System Trend Reversal Alerts: Notifies when ribbon changes direction Price Breakout Alerts: Triggers when price crosses the ribbon Compression Alerts: Signals potential breakouts during consolidation Expansion Alerts: Confirms strong trending conditions Momentum Surge Alerts: Catches explosive moves early How It Works The indicator calculates 12 Hull Moving Averages, each with a different period length. The trend direction is determined by the middle HMA (6th line), which triggers the color change across the entire ribbon. When trending up, the ribbon displays a purple gradient; when trending down, it shifts to a pink gradient. Trading Applications 1. Trend Identification Ribbon color indicates overall trend direction All lines moving in sync confirms strong trend Mixed signals suggest choppy or transitioning markets 2. Dynamic Support/Resistance In uptrends, the ribbon acts as moving support In downtrends, it provides resistance levels Multiple layers offer various strength levels 3. Momentum Analysis Expanding ribbon = Increasing momentum Contracting ribbon = Decreasing momentum/consolidation Ribbon angle indicates trend strength 4. Trading Example Advantages Over Traditional MAs Reduced Lag: Hull's formula provides faster response than SMA/EMA ribbons Visual Clarity: Gradient effect makes trend changes immediately visible Multiple Timeframes: 12 periods provide comprehensive market view Flexibility: Presets adapt to different trading styles Best Practices Use higher timeframes (4H, Daily) for position trading Combine with volume indicators for confirmation Watch for ribbon compression before major moves Consider overall market conditions when interpreting signals Customization Options Adjust individual HMA periods Fine-tune transparency for different backgrounds Choose between WMA and EMA base calculations The Gradient Wave HMA combines Alan Hull's breakthrough moving average formula with modern visualization techniques to create a powerful trend-following tool that's both technically sophisticated and visually intuitive.
อินดิเคเตอร์ Pine Script®
โดย Thomaswestw
QuantumSync Pulse [ w.aritas ]QuantumSync Pulse (QSP) is an advanced technical indicator crafted for traders seeking a dynamic and adaptable tool to analyze diverse market conditions. By integrating momentum, mean reversion, and regime detection with quantum-inspired calculations and entropy analysis, QSP offers a powerful histogram that reflects trend strength and market uncertainty. With multi-timeframe synchronization, adaptive filtering, and customizable visualization, it’s a versatile addition to any trading strategy. Key Features Hybrid Signals: Combines momentum and mean reversion, dynamically weighted by market regime. Quantum Tunneling: Enhances responsiveness in volatile markets using volatility-adjusted calculations. 3-State Entropy: Assesses market uncertainty across up, down, and neutral states. Regime Detection: Adapts signal weights with Hurst exponent and volatility ROC. Multi-Timeframe Alignment: Syncs with higher timeframe trends for context. Customizable Histogram: Displays trend strength with ADX-based visuals and flexible styling. How to Use and Interpret Histogram Interpretation Positive (Above Zero): Bullish momentum; color intensity shows trend strength. Negative (Below Zero): Bearish momentum; gradients indicate weakness. Overlaps: Alignment of final_z (signal) and ohlc4 (price) histograms highlights key price levels or turning points. Regime Visualization Green Background: Trending market; prioritize momentum signals. Red Background: Mean-reverting market; focus on reversion signals. Blue Background: Neutral state; balance both signal types. Trading Signals Buy: Histogram crosses above zero or shows positive divergence between histograms. Sell: Histogram crosses below zero or exhibits negative divergence. Confirmation: Match signals with regime background—green for trends, red for ranges. Customization Tweak Momentum Length, Entropy Lookback, and Hurst Exponent Lookback for sensitivity. Adjust color themes and transparency to suit your charts. Tips for Optimal Use Timeframes: Use higher timeframes (1h, 4h) for trend context and lower (5m, 15m) for entries. Pairing: Combine with RSI, MACD, or volume indicators for confirmation. Backtesting: Test settings on historical data for asset-specific optimization. Overlaps: Watch for histogram overlaps to identify support, resistance, or reversals. Simulated Performance Trending Markets: Histogram stays above/below zero, with overlaps at retracements for entries. Range-Bound Markets: Oscillates around zero; overlaps signal reversals in red regimes. Volatile Markets: Quantum tunneling ensures quick reactions, with filters reducing noise. Elevate your trading with QuantumSync Pulse—a sophisticated tool that adapts to the market’s rhythm and your unique style.
อินดิเคเตอร์ Pine Script®
โดย insidermike
Gioteen-NormThe "Gioteen-Norm" indicator is a versatile and powerful technical analysis tool designed to help traders identify key market conditions such as divergences, overbought/oversold levels, and trend strength. By normalizing price data relative to a moving average and standard deviation, this indicator provides a unique perspective on price behavior, making it easier to spot potential reversals or continuations in the market. The indicator calculates a normalized value based on the difference between the selected price and its moving average, scaled by the standard deviation over a user-defined period. Additionally, an optional moving average of this normalized value (Green line) can be plotted to smooth the output and enhance signal clarity. This dual-line approach makes it an excellent tool for both short-term and long-term traders. ***Key Features Divergence Detection: The Gioteen-Norm excels at identifying divergences between price action and the normalized indicator value. For example, if the price makes a higher high while Red line forms a lower high, it may signal a bearish divergence, hinting at a potential reversal. Overbought/Oversold Conditions: Extreme values of Red line (e.g., significantly above or below zero) can indicate overbought or oversold conditions, helping traders anticipate pullbacks or bounces. Trend Strength Insight: The normalized output reflects how far the price deviates from its average, providing a measure of momentum and trend strength. **Customizable Parameters Traders can adjust the period, moving average type, applied price, and shift to suit their trading style and timeframe. **How It Works Label1 (Red Line): Represents the normalized price deviation from a user-selected moving average (SMA, EMA, SMMA, or LWMA) divided by the standard deviation over the specified period. This line highlights the relative position of the price compared to its historical range. Label2 (Green Line, Optional): A moving average of Label1, which smooths the normalized data to reduce noise and provide clearer signals. This can be toggled on or off via the "Draw MA" option. **Inputs Period: Length of the lookback period for normalization (default: 100). MA Method: Type of moving average for normalization (SMA, EMA, SMMA, LWMA; default: EMA). Applied Price: Price type used for calculation (Close, Open, High, Low, HL2, HLC3, HLCC4; default: Close). Shift: Shifts the indicator forward or backward (default: 0). Draw MA: Toggle the display of the Label2 moving average (default: true). MA Period: Length of the moving average for Label2 (default: 50). MA Method (Label2): Type of moving average for Label2 (SMA, EMA, SMMA, LWMA; default: SMA). **How to Use Divergence Trading: Look for discrepancies between price action and Label1. A bullish divergence (higher low in Label1 vs. lower low in price) may suggest a buying opportunity, while a bearish divergence could indicate a selling opportunity. Overbought/Oversold Levels: Monitor extreme Label1 values. For instance, values significantly above +2 or below -2 could indicate overextension, though traders should define thresholds based on the asset and timeframe. Trend Confirmation: Use Label2 to confirm trend direction. A rising Label2 suggests increasing bullish momentum, while a declining Label2 may indicate bearish pressure. Combine with Other Tools: Pair Gioteen-Norm with support/resistance levels, RSI, or volume indicators for a more robust trading strategy. **Notes The indicator is non-overlay, meaning it plots below the price chart in a separate panel. Avoid using a Period value of 1, as it may lead to unstable results due to insufficient data for standard deviation calculation. This tool is best used as part of a broader trading system rather than in isolation. **Why Use Gioteen-Norm? The Gioteen-Norm indicator offers a fresh take on price normalization, blending statistical analysis with moving average techniques. Its flexibility and clarity make it suitable for traders of all levels—whether you're scalping on short timeframes or analyzing long-term trends. By publishing this for free, I hope to contribute to the TradingView community and help traders uncover hidden opportunities in the markets. **Disclaimer This indicator is provided for educational and informational purposes only. It does not constitute financial advice. Always backtest and validate any strategy before trading with real capital, and use proper risk management.
อินดิเคเตอร์ Pine Script®
โดย gioteen
Vortex Sniper Elite @DaviddTechVortex Sniper Elite @DaviddTech Vortex Sniper Elite @DaviddTech is a comprehensive trading system designed to deliver high-probability trade setups across all market conditions. By seamlessly integrating adaptive baseline detection, squeeze momentum analysis, and advanced vortex filtering, this indicator provides traders with a complete edge-based approach to market analysis. 🔥 Key Features: Complete Model Integration: Baseline: Advanced McGinley Dynamic indicator for superior trend detection Confirmation #1: Enhanced TTM Squeeze for momentum and volatility analysis Confirmation #2: Dual Tether Line system for dynamic market structure mapping Volatility Filter: Specialized Vortex indicator for precision entry timing Adaptive Stop Loss: Proprietary trailing stop system based on ATR calculations Advanced Visual Dashboard: Real-time component analysis with strength metrics Color-coded signal status for immediate trade assessment Squeeze state monitoring with visual confirmation Vortex divergence strength percentage for optimal entries Premium Signal Detection: Multi-timeframe compatible system for scaling strategies Automated buy/sell signals at optimal entry points Clear exit signals for risk management Squeeze momentum visualization for timing precision DaviddTech Alpha Edge System: Gradient transparency algorithm for visual trend strength confirmation Bar coloring system based on momentum direction Background highlighting for active signal states Dashboard for ease of understanding 💰 Trading Applications: Sniper Entries: Utilize the Vortex confirmation to pinpoint precise entry points Trend Alignment: McGinley baseline establishes the primary market direction Volatility Awareness: TTM Squeeze identifies optimal market conditions Risk Management: Set stops based on the adaptive trailing stop system Position Management: Monitor dashboard metrics for changing market conditions Vortex Sniper Elite @DaviddTech represents the culmination of the DaviddTech methodology in one cohesive system. Whether you're a day trader seeking precise entries or a swing trader looking for significant market moves, this indicator delivers the structured approach needed to consistently extract profits from any market condition. DaviddTech Trading System Explained: The DaviddTech methodology follows a strict component-based approach: The Baseline establishes the primary trend direction, acting as your first filter Confirmation Indicators validate potential trade setups only when aligned with the baseline The Volatility/Volume Indicator ensures you only enter trades with sufficient directional momentum A Trailing Stop System provides mathematically optimized exit points Vortex Sniper Elite integrates all these components into a visually intuitive system that eliminates guesswork and enforces disciplined trading decisions. Recommended Settings: This indicator comes pre-configured with optimized parameters, but feel free to adjust based on your timeframe: For day trading: Reduce Baseline and TTM lengths by 30-40% For swing trading: Consider increasing Tether and Trail Stop lengths by 25-50% For scalping: Focus on Vortex confirmation with shorter timeframes Best Practices: Wait for all components to align before entering trades Use the dashboard to evaluate the strength of each signal Monitor squeeze states for potential volatility expansion Let the trailing stop system handle your exits Backtest across multiple timeframes to find your optimal settings
อินดิเคเตอร์ Pine Script®
โดย daviddtech
39
CT Reverse Stochastic Momentum IndexIntroducing the Caretakers Reverse Stochastic Momentum Index . According to Investopedia : “The Stochastic Momentum Index (SMI) is a more refined version of the stochastic oscillator, employing a wider range of values and having a higher sensitivity to closing prices.” The SMI was developed by William Blau and introduced in 1993 in an attempt to provide a more reliable indicator, less subject to false swings. It calculates the distance of the current closing price as it relates to the median of the high/low range of price. The SMI has a normal range of values between +100 and -100. When the present closing price is higher than the median, or midpoint value of the high/low range, the resulting value is positive. When the current closing price is lower than that of the midpoint of the high/low range, the SMI has a negative value. I have reverse engineered the SMI formula to derive 2 functions. One function calculates the chart price at which the SMI will reach a particular SMI scale value. The second function calculates the chart price at which the SMI will crossover its signal line. I have employed those functions here to give the price level where the SMI will equal : Upper alert level ( default 40 ) Zero-Line Lower alert level ( default -40 ) Signal line The user can infer from these values that when closing prices cross the levels shown, the SMI will cross the indicated level or signal line. If the price value is less than zero the value will show "impossible". The advantage of knowing the exact prices that this will happen should give the user an additional edge and precision in risk management. These crossover levels are displayed via an optional infobox with choice of user selected info. There is an option to change the decimal places shown. For easy and intuitive reading of the indicator when …. SMI is above the signal line both the SMI and Signal line and the space between them is Green. SMI is below the signal line both the SMI and Signal line and the space between them is Red. SMI is above the Zeroline the space between them is Green. SMI is below the Zeroline the space between them is Red. Traditionally traders and analysts will consider: Positives values above 40 indicate a bullish trend Negative values below -40 indicate a bearish trend . Common traditional ways to derive signals from the SMI : When the SMI crosses above the zeroline, a buy signal is generated. When the SMI crosses below the zeroline, a sell signal is generated. When the SMI crosses below -40 and then moves back above it, a buy signal is generated. When the SMI crosses above +40 and then moves back below it, a sell signal is generated. When the SMI line crosses above the signal line. A signal to buy / take profit is generated When the SMI line crosses below the signal line. A signal to sell / take profit is generated. Traders also look for divergences between the SMI itself or the SMI histogram and price action. The SMI is often used in conjunction with the Chande Momentum Oscillator or R squared indicator to determine overall market trendiness where the SMI is used to determine the direction of the trend, and also with volume indicators to show if the momentum carries significant selling or buying pressure.
อินดิเคเตอร์ Pine Script®
โดย The_Caretaker
10
Simple Momentum Strategy Based on SMA, EMA and VolumeA simple, non short selling (long positions only, i.e. buy low and sell high) strategy. Strategy makes use of simple SMA, EMA and Volume indicators to attempt to enter the market at the most optimum time (i.e. when momentum and price are moving upwards). Optimum time is defined mainly by picking best timing for price moves higher based on upwards momentum. This script is targeted / meant for an average/typical trader or investor. This is why a non short selling approach was selected for optimisation for this strategy because "typpical", "average" traders and investors usually use basic (i.e. minimum fees / free membership) exchanges that would not usually offer short selling functionality (at least without additional fees). The assumption used here is that only advanced and sophisticated traders and investors would pay for advanced trading platforms that enable short selling, have a risk appetite for short selling and thus use short selling as a strategy. The results of the strategy are: In an overall roughly bearish market (backward testing from beginning to end of 2018) i.e. the market immediately following the highs of around 20k USD per BTC, this strategy made a loss of £3231 USD on trades of a maximum of 1 BTC per long position. But in an overall bullish market, it makes a profit of about $6800 USD from beginning of 2019 onwards by trading a maximum of 1 BTC per long position. NOTE: All trading involves high risk. Most strategies use past performance and behaviour as indicators of future performance and that is not necessarily indicative of future results. Hypothetical or simulated performance results have certain inherent limitations too. One limitation is that unlike an actual performance record, simulated results do not represent actual trading and since the trades have not actually been executed, the results of those trades themselves do not have any influence on actual market results, which in real life they would have had (no matter how minor). Additionally, simulated results may have under or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also, by their nature, designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.
กลยุทธ์ Pine Script®
โดย slip_stream
1
RSI on 21 MA (Custom)RSI on 21 MA (Custom) RSI on 21 MA (Custom) is a momentum-based indicator that applies the Relative Strength Index (RSI) to a 21-period Simple Moving Average of price instead of raw price data. This approach helps reduce market noise and provides smoother, more reliable momentum signals. The indicator first calculates a 21-period SMA of the closing price, then computes RSI on this moving average. A short moving average is further applied to the RSI values for additional smoothing, making trend strength and reversals easier to identify. 🔧 Features RSI calculated on a 21-period Moving Average Smoothed RSI for clearer momentum structure Customizable RSI length, MA length, and smoothing period Adjustable Overbought & Oversold levels Useful for trend continuation, reversal spotting, and momentum confirmation 📌 How to Use RSI staying above mid-range indicates bullish momentum RSI staying below mid-range indicates bearish momentum Crosses above the oversold level may signal potential bullish reversal Crosses below the overbought level may signal potential bearish reversal Best used with price action, support & resistance, or volume indicators 🎯 Ideal for traders who prefer clean momentum signals with reduced noise, especially in trending markets.
อินดิเคเตอร์ Pine Script®
โดย hmtsahu
Ranked Exchange Volume (REV)📊 Ranked Exchange Volume (REV) - Multi-Venue Volume Distribution Visualizer ## Stop Guessing Where the Real Volume Is. See It. Most traders look at aggregate volume and miss the critical story: **where** that volume actually traded. Ranked Exchange Volume (REV) solves this by revealing the complete liquidity landscape across multiple trading venues in a single, elegant visualization. This isn't just another volume indicator—it's a **dynamic stratified histogram** that automatically reorganizes exchange layers by magnitude on every bar, showing you **instant market dominance** at a glance. --- ## 🎯 The Core Innovation: Self-Organizing Volume Layers REV displays volume from up to 10 different exchanges as **stacked, color-coded bars** where the largest volume source literally rises to the top. Watch as exchanges compete for dominance in real-time: - **Largest volume = Top of the bar** (most visible position) - **Smallest volume = Bottom of the bar** (foundation layer) - **Everything in between = Automatically sorted on every candle** This visual hierarchy makes it instantly obvious which venues are leading the market—no mental math required. --- ## ✨ Key Features ### 🔄 **Dynamic Layer Sorting** Unlike static stacked charts, REV uses real-time stratification. If Binance had 60% of volume last bar but Coinbase takes 70% this bar, you'll see Coinbase jump to the top. The hierarchy reflects current reality, not a fixed order. ### 🎨 **10 Fully Customizable Exchange Slots** Each exchange slot offers complete control: - **Enable/Disable toggle** - Turn exchanges on/off without losing your configuration - **Custom prefix** - Track ANY exchange on TradingView (BINANCE, KRAKEN, OANDA, FXCM, etc.) - **Custom suffix** - Specify quote currency (USDT, USD, EUR, or leave blank for stocks/forex) - **Display name** - Control how exchanges appear in the rankings table - **Color selection** - Match your chart theme or use brand colors for instant recognition ### 📊 **Live Rankings Table** A real-time leaderboard shows: - **Rank** - Current position (1 = highest volume) - **Exchange name** - With color-coded background - **Volume** - Intelligently formatted with K/M/B units - **Percentage** - Exact market share **Table positioning:** Choose from 9 screen positions (top/middle/bottom × left/center/right) to keep your chart clean. ### 🧮 **Intelligent Volume Formatting** REV automatically detects volume magnitude and applies the appropriate scale: - **Billions** - Displays as "1.5B" for readability - **Millions** - Displays as "342.8M" - **Thousands** - Displays as "45.2K" - **Full numbers option** - Toggle to see complete values (23,456,789) The scale adjusts per-bar, so you always see the clearest representation. ### 🚨 **Three Built-In Alert Conditions** 1. **Exchange Dominance Alert (>50%)** - Triggers when a single venue controls majority of volume - Signals potential liquidity concentration risk or exchange-specific events 2. **Volume Spike Alert (>2x average)** - Detects unusual aggregate activity across all venues - Catches breakouts, news events, or institutional flow 3. **Liquidity Migration Alert** - Fires when market leadership shifts between exchanges - Reveals arbitrage opportunities or changing market structure ### 📈 **Optional Total Volume Line** Display aggregate volume from all exchanges as a reference overlay with customizable color. --- ## 🌍 Market Compatibility: Beyond Crypto While optimized for cryptocurrency (its primary design), REV works across multiple asset classes: ### ✅ **Cryptocurrency (Perfect Fit)** **Why it excels:** Crypto trades 24/7 across dozens of global exchanges simultaneously. REV reveals true price discovery. **Example configurations:** - **BTC/USDT:** Compare Binance, Coinbase, OKX, Bybit, Kraken, Bitget - **ETH/USD:** Track institutional venues (Coinbase, Kraken, Gemini) vs retail (Binance, Gate.io) - **Altcoins:** Identify which exchanges have the deepest liquidity before placing large orders **Trading applications:** - **Arbitrage detection** - Spot when volume migrates between venues (price differential opportunities) - **Exchange risk** - Don't trade on exchanges with suspiciously low volume - **Whale tracking** - Sudden Coinbase dominance often signals institutional activity - **Market maker identification** - Consistent Binance leadership suggests MM concentration ### ✅ **Forex (Excellent Fit)** **Why it works:** Forex doesn't have centralized exchanges—it trades OTC across multiple broker feeds. REV shows which data providers are seeing the action. **Example configurations:** - **EUR/USD:** Compare OANDA, FXCM, FOREX.COM, FX_IDC, CAPITALCOM - **GBP/JPY:** Track volatility across broker feeds - **Exotics:** Verify liquidity before trading thin pairs **Setup notes:** - Leave **suffix field blank** for forex - Use broker prefixes: OANDA, FXCM, FOREXCOM, FX_IDC, SAXO - Symbol constructs as "OANDA:EURUSD" **Trading applications:** - **Spread verification** - Higher volume feeds typically offer tighter spreads - **News event tracking** - See which brokers capture the most flow during announcements - **Session analysis** - Watch London/NY volume shifts across different providers ### ⚠️ **Stocks (Limited But Useful)** **Where it works:** - **Dual-listed stocks** - Canadian companies on TSX and NYSE - **International ADRs** - Same company, different exchanges - **ETF arbitrage** - Compare volume across regional listings **Example configurations:** - **Shopify (SHOP):** Compare TSX vs NYSE volume - **Alibaba (BABA):** NYSE vs HKEX volume - **European stocks:** Compare primary exchange vs secondary listings **Setup notes:** - Leave **suffix field blank** - Use exchange prefixes: NYSE, NASDAQ, TSX, LSE, XETRA - Note: TradingView doesn't show per-venue volume for U.S. equities (NYSE vs BATS vs ARCA all aggregate) **Limitations:** Most stocks trade primarily on one exchange, so REV is less valuable than in crypto/forex. ### ❌ **Futures (Not Recommended)** Futures contracts differ by exchange (CME's ES ≠ EUREX's FESX), so volume isn't comparable. --- ## 📚 Practical Use Cases ### 1. **Pre-Trade Liquidity Analysis** Before entering a large position, check which exchanges have sufficient volume to fill your order without slippage. **Example:** You want to sell 50 BTC. REV shows Binance has 2,340 BTC volume this hour while a smaller exchange has only 87 BTC. Route your order to Binance for better execution. ### 2. **Exchange Risk Management** Identify "fake volume" or wash trading by comparing venues. **Red flag pattern:** An exchange consistently shows 10x the volume of competitors but with minimal price impact—likely artificial. ### 3. **Arbitrage Opportunity Detection** When volume suddenly concentrates on one exchange, price premiums/discounts often appear. **Alert pattern:** Liquidity Migration alert fires → Check price differences → Execute arb if spread exceeds fees. ### 4. **Institutional Flow Tracking** In crypto, institutions typically use regulated exchanges (Coinbase, Kraken, Gemini). **Pattern to watch:** Coinbase volume spikes to 60%+ dominance → Often precedes directional moves as institutions position. ### 5. **Market Structure Analysis** Watch long-term trends in exchange dominance to understand market evolution. **Example insight:** "Binance's market share has dropped from 70% to 45% over 6 months as traders diversify to OKX and Bybit." ### 6. **Event Response Comparison** During major news events, see which exchanges react first. **Analysis:** If one exchange shows volume spike 5 minutes before others, that feed may have faster news incorporation. --- ## ⚙️ Technical Specifications - **Maximum exchanges:** 10 simultaneous venues - **Sorting algorithm:** Bubble sort (O(n²) but optimal for n=10, prioritizes stability) - **Update frequency:** Real-time, every bar - **Data handling:** Gracefully ignores invalid symbols, treats NA as zero - **Chart type:** Non-overlay (separate pane below price) - **Performance:** Lightweight, no lag on any timeframe --- ## 🚀 Getting Started ### Quick Setup (5 Minutes) **For Crypto Traders (Default Configuration):** 1. Add indicator to any crypto chart (BTC, ETH, SOL, etc.) 2. Works immediately—top 10 exchanges pre-configured 3. Customize colors if desired 4. Position table to your preference **For Forex Traders:** 1. Open any forex pair (EUR/USD, GBP/JPY, etc.) 2. Go to Exchange 1 settings 3. Change prefix to "OANDA" (or your preferred broker) 4. **Clear the suffix field** (leave it blank) 5. Repeat for other exchanges (FXCM, FOREXCOM, FX_IDC, etc.) 6. Disable any unused exchange slots **For Stock Traders (Dual-Listed):** 1. Open a dual-listed stock (e.g., SHOP on TSX) 2. Exchange 1: Prefix = "TSX", Suffix = blank, Name = "Toronto" 3. Exchange 2: Prefix = "NYSE", Suffix = blank, Name = "New York" 4. Disable exchanges 3-10 5. Compare volume distribution ### Advanced Customization **Tracking Regional Markets:** Want to compare Korean vs Japanese crypto exchanges? - Exchange 1: UPBIT (Korean) - Exchange 2: BITHUMB (Korean) - Exchange 3: BITFLYER (Japanese) - Exchange 4: COINCHECK (Japanese) **Isolating Institutional Volume:** Focus only on regulated U.S. exchanges: - Enable: Coinbase, Kraken, Gemini - Disable: All others - Watch for >50% dominance alerts --- ## 👥 Who Is This For? ### ✅ **Perfect for:** - **Crypto day traders** - Need to know where liquidity actually is - **Arbitrage traders** - Spot cross-exchange inefficiencies - **Institutional traders** - Validate execution venues before large orders - **Forex scalpers** - Compare broker feeds for best execution - **Market structure analysts** - Track long-term exchange dominance trends ### ❌ **Less useful for:** - **Long-term investors** who don't care about short-term liquidity - **Single-exchange traders** who never compare venues - **Futures traders** (contracts differ by exchange) --- ## 🎓 Understanding the Visualization **What each colored segment means:** Each horizontal stripe represents one exchange's volume contribution. The **height** of each stripe shows that exchange's volume relative to others. **Reading the pattern:** - **Dominant top layer** (50%+ of bar) = Clear market leader - **Evenly distributed layers** (10-15% each) = Fragmented liquidity - **Sudden layer reorganization** = Liquidity migration event - **Shrinking bottom layers** = Exchanges losing market share **Color coding strategy:** The indicator defaults to exchange brand colors for instant recognition: - Yellow = Binance (their signature gold) - Blue = Coinbase (their brand blue) - Purple = Kraken (their brand purple) - etc. You can customize all colors to match your chart theme. --- ## 🔧 Configuration Tips ### **Best Practices:** 1. **Start with defaults** - Test on BTC/USDT to understand behavior 2. **Disable unused exchanges** - Cleaner visualization, faster computation 3. **Match your trading venues** - Only track exchanges you actually use 4. **Use brand colors initially** - Helps build visual pattern recognition 5. **Enable alerts strategically** - Don't spam yourself; focus on actionable signals ### **Common Mistakes to Avoid:** ❌ Tracking too many irrelevant exchanges (creates visual noise) ❌ Forgetting to clear suffix for forex/stocks (symbol won't construct properly) ❌ Using the same color for multiple exchanges (defeats instant recognition) ❌ Hiding the table permanently (you lose the percentage data) --- ## 📊 Performance Notes - **Lightweight computation** - No impact on chart performance - **Works on all timeframes** - 1-minute to monthly - **Historical analysis** - Full bar history available (max_bars_back=5000) - **Multi-monitor friendly** - Table positioning adapts to any screen layout --- ## 🆕 Future Enhancements (Planned) While the current version is feature-complete, potential additions include: - Volume-weighted average price (VWAP) overlay per exchange - Historical dominance charts (which exchange led most this week/month) - Correlation matrix (do exchanges move together or independently?) **User feedback shapes development** - Comment with your requests! --- ## 💡 Pro Tips ### **Tip 1: The "Whale Exchange" Filter** In crypto, institutions use Coinbase/Kraken. Enable ONLY these two exchanges to isolate professional flow and ignore retail noise. ### **Tip 2: The "Arbitrage Scanner"** Set Liquidity Migration alert on 1-minute timeframe. When it fires, check price across exchanges—often there's a temporary premium/discount. ### **Tip 3: The "Liquidity Gauge"** Before placing a large market order, switch to 5-minute timeframe and check last 10 bars. If your target exchange consistently has <20% of volume, you'll face slippage. ### **Tip 4: The "Market Structure Tracker"** Take screenshots of the table weekly. Over time, you'll see exchange market share trends that reveal fundamental shifts in trader preferences. ### **Tip 5: The "News Event Validator"** During major announcements (Fed decisions, earnings, etc.), watch which exchange shows volume first. That's where informed traders are positioned. --- ## 🎯 Summary **Ranked Exchange Volume (REV) transforms volume analysis from a single number into a complete market microstructure view.** Instead of seeing "1.2M volume," you see: - Binance: 640K (53%) - Coinbase: 280K (23%) - OKX: 180K (15%) - Bybit: 100K (9%) **That's actionable intelligence.** Whether you're executing a large crypto trade, arbitraging forex across brokers, or validating liquidity before buying a dual-listed stock, REV shows you **where the market actually is**—not where you assume it is. --- ## 📖 Quick Reference Card | Feature | What It Does | Why It Matters | |---------|-------------|----------------| | **Dynamic Sorting** | Largest volume rises to top | Instant dominance identification | | **10 Custom Slots** | Track any exchanges | Works for YOUR trading venues | | **Live Rankings** | Real-time leaderboard | Precise market share data | | **Smart Formatting** | Auto K/M/B scaling | Always readable, never cluttered | | **Dominance Alert** | Warns at >50% concentration | Risk management for large orders | | **Migration Alert** | Fires on leadership change | Arbitrage opportunity signal | | **Spike Alert** | Detects 2x volume surges | Breakout/news confirmation | | **Total Line** | Shows aggregate volume | Reference for overall activity | | **Table Positioning** | 9 screen locations | Adapts to your layout | | **Full/Short Toggle** | Complete vs abbreviated numbers | Flexibility for different assets | --- ## ✅ Installation & Support **Install:** Add to your TradingView favorites, apply to any chart **Updates:** Automatic through TradingView **Support:** Comment with questions—active developer community **Like this indicator?** Leave a ⭐ rating and share with fellow traders who need better volume intelligence. --- **🚀 Start seeing the complete volume picture. Add Ranked Exchange Volume to your charts today.**
อินดิเคเตอร์ Pine Script®
โดย KevinSvenson_