TradingView
bensonsuntw
2020년 12월 11일 오전 11시 14분

Volume Support/Resistance 

Bitcoin / United States DollarCoinbase

설명

An Indicator which shows the potential resistance/support level at K bar with significant trading volume.

The logic is stated below:
(current K-bar volume - the past average trading volume of 48 Ks) > 4 *standard deviation of trading volume
When this condition is met, it is considered that the trading volume is particularly enlarged, which may be an area where support pressure is possible

If the K is an ascending K-bar, then draw support at the lowest point; if the K is a descending K-bar, draw resistance at the highest point.

You can change the length and the number the standard deviation in the input section.
코멘트
prap4stocks
Hi Thanks for this indicator . For best results which time frame we need to use for this indicator ?
awazelal35
hi.Can we see support resistances in different time intervals on the same screen?
Pratik_4Clover
Interesting idea, thanks!
Wealth_Guide
It's a good script, thank you for coding
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