deimosaffair

cooltoyz: Volume Delta RealTime v1.0

This is a tool, shows the volume variation % strength related to the X past candles.
The current candle is shown in real time, until candle closes.
The visualization of the candle time to close is a thin line, that is 100% for all past candles and slowly goes up for the current candle.

Best with an example:
with a 4h candle, 1 hour has wasted already. This is 25% of all the candle time. So, if volume is also at 25% of the last candles traded, we can expect(yeah, you wish) that by candle close, around 100% of the last volumes average will be traded.

Or two:
in a 4h candle, we're at 10mins., around 8% of total candle time. If volume traded is already at 57% of average past volumes, something big is going on.

Note 1: in the indicator's "Format" pop-up there is a "candle minutes" field, it MUST match the chart timeframe in minutes (ex: 4h=240min)
Note 2: the back volume function check can be switched between the methods "highest value" or "average", in the Format->inputs
Note 3: when a new candle opens, it will go craaayeeezeee!!, because the extreme small values introduce a lot of rounding errors. just let it go, it calms it self after ~0.5% of candle time has passed.

There are more examples and details in the early version of this indicator, check my published scripts.

즐겨찾기 스크립트에서 빼기 즐겨찾기 스크립트에 넣기

코멘트

What value do you recomend to input for field "Candle Minutes" for 1 day and 1 week timeframe?
응답
I came to this page looking for Volume Cumulative Delta ( Aggregate Delta) which is plots the volume that happens "at market" ON the bid or offer, crossing the spread. Critical for tape reading in high volume instruments.
This indicator seems more of a historical volume average comparison.
응답
ComebackKing cpuzz1807
@cpuzz1807, What you are looking for cannot be provided by Tradingview. You need tick level data for that and Tradingview is light years away from that.
응답
this indicator is more of a volume indicator
응답
what is max normal?
응답
anacondabitch anacondabitch
@anacondabitch, also what is black color?
+1 응답
old indicator description

This indicator was designed to work in real time, and needs the "calculate on every tick" turned on. It verifies if the volume from the current candle is increasing more or less than the average.
Example using 5 min. candles:
1 minute is 20% of the time for the candle. So, if the volume is at 20% or below of the vol.average, the market is stable(price not moving much). If at 1 minute(20% of time) volume is say, at 37%, a big move is happening.

The color of the candle shows the movement direction. A gray means the volume was not important, below average.
The historical candles show how much volume infuenced the price for the corresponding candle.
The current candle is working REAL TIME.
The blue line shows how much time has passed for the candle to complete. All candles are 100% complete(yeah, duh), except for the last one, the line touches zero at start of candle, and slowly fills up to1(1=100%)until the candle ends.

INPUTS:
vol MA size: sets the lenght of the volume average. set to your heard desires
candle Period: set to the number of seconds in the period you chose. 5min = 300, 1h = 3600 and so on. Must be correct, or the results turn into crap
Limit: the value below which the candle is a "non-important" candle. 1 = 100% of average

NOTE: in the very first seconds, the indicator goes crazy. it's expected, due to computed values very close to zero used in the math. after some seconds it stabilizes :)
응답
giriprasadkmm anacondabitch
what black and green color indicate?
응답
홈으로 스탁 스크리너 포렉스 스크리너 크립토 스크리너 이코노믹 캘린더 사용안내 차트 특징 프라이싱 프렌드 리퍼하기 하우스룰(내부규정) 헬프 센터 웹사이트 & 브로커 솔루션 위젯 차팅 솔루션 라이트웨이트 차팅 라이브러리 블로그 & 뉴스 트위터
프로화일 프로화일설정 계정 및 빌링 리퍼드 프렌즈 코인 나의 서포트 티켓 헬프 센터 공개아이디어 팔로어 팔로잉 비밀메시지 채팅 로그아웃