Volume Indicator for Option Trading, it is a simple indicator based on Relative Strength Index. There are two horizontal lines are mention 10 and -10, if bar crossed above the (Line 10) then go for buy and when Bar cross under (Line -10) go for sell side.
If Bar Color changed to Respective color of the previous bar i.e. color gets darker then you can exit/ trail SL there because it overbought / Oversold position and vice versa for Sell Side.
this volume indicator works on any Script.
The Black Floating Line indicates the Average volume
릴리즈 노트
Strategy Tester Added Update Chart
릴리즈 노트
The Average RSI Line now more colorful
Always wait for to change the line from red to green for more confirmation
Some minor color changes , three zone specially if RSI crosses above 85 or 15 the Volume candle gets Purple it will shows the RSI is extreme Zone you can exit or wait for newer entry
릴리즈 노트
Minor changes in zones i.e. 90 and 10 are extreme overbought zones
릴리즈 노트
minor change
릴리즈 노트
Smoothing Methods added i.e. HMA & RSI
릴리즈 노트
RSI Smoothing Method Changes
Easy to Navigate the RSI zone in quick manner
릴리즈 노트
Change in trend / volume shows on indicator by shape Diamond with its respective colors green for Long side and red for Put side.
릴리즈 노트
Trend Reversal Indication on Volume chart with black Dimond signal.
릴리즈 노트
Automatically Set Extreme zones as per the RSI zones
릴리즈 노트
Smoothing Method Added i.e. RMA
릴리즈 노트
Added independent Volume for Banknifty to check the average volume of Banknifty Index it acts a regime filter for RSI. for other indexes uncheck the banknifty option from setting pannel.
릴리즈 노트
Reversed the changes, take longer time to load while trading.
릴리즈 노트
Minor changes in code to improve performance
릴리즈 노트
More accurately Reversal Signal Can Work
릴리즈 노트
Smoothing Bug Fixed
릴리즈 노트
Minor Changes
릴리즈 노트
Now you can change the Smoothing Period as well as the some minor changes
릴리즈 노트
ALMA Confirmation added
릴리즈 노트
Trend Cloud added help you to understand the trend direction such green represents the Buyers and Red represents the Sellers. Hope you like it Regards, Mayur Supe
릴리즈 노트
Small Timeframe changes
릴리즈 노트
bug fixed
릴리즈 노트
Now you will Detect the High Volume candle on indicator
릴리즈 노트
The code completely changed The volume threshold based volume added reversal dot are draws according to bull and bear color
진정한 TradingView 정신에 따라, 이 스크립트의 저자는 트레이더들이 이해하고 검증할 수 있도록 오픈 소스로 공개했습니다. 저자에게 박수를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 출판물에서 이 코드를 재사용하는 것은 하우스 룰에 의해 관리됩니다. 님은 즐겨찾기로 이 스크립트를 차트에서 쓸 수 있습니다.