JOEJOE VOLUME UNIVERSAL 03112025

A universal volume screener that identifies when institutions are aggressively buying a stock by comparing current activity to recent averages, then recommends position sizing based on signal strength.

JOEJOE SHARK INDICATOR - Summary
🎯 Purpose
A volume-based screener that detects institutional buying activity and high-conviction trading opportunities across all global markets (Malaysia, US, Crypto).

📊 What It Does
Identifies 4 Types of Signals:

🟣 Purple Bar (A+ / High Conviction) - Best signal: Both institutional buying AND buy value surge detected
🟡 Yellow Bar (Buy Value Surge) - Strong money inflow detected
🔵 Blue Bar (Institutional Buying) - Large volume with strong buyer control
🟢🔴 Green/Red Bars - Normal volume (no special signal)


🔍 Key Innovation
Universal Design:

Works on ANY market without code changes
Uses relative comparisons (2.5x average) instead of fixed thresholds
Automatically adapts to each stock's normal behavior
Malaysian stocks, US stocks, Bitcoin - all use same logic


📈 Signal Detection Logic
Purple Bar Requirements (ALL must be met):

Volume exceeds 2x the 20-day average (institutional size)
Buy value exceeds 2.5x the 20-day average (money surge)
Price closes in top 30% of candle range (buyer strength)
Price above 50-period EMA (uptrend filter)
Short-term volume MA above long-term (sustained interest)
Candle body is at least 30% of range (decisive move)
Bullish candle (green)


⚙️ Customizable Settings
Signal Configuration:

Buy Value Surge Multiplier (default: 2.5x)
Volume Multiplier (default: 2.0x)
Buyer Strength Threshold (default: 0.7)
Lookback period (default: 20 bars)

Filters (All Toggle-able):

Trend filter with customizable MA length
Sustained interest filter (volume momentum)
Decisiveness filter (candle body size)
Option to require/not require bullish candles

Visual Customization:

All colors adjustable
Toggle markers and dashboard on/off
Volume MA display options


📊 Smart Position Sizing Feature
Calculates Signal Strength (0-100):

Combines Volume Ratio score + Buy Value Ratio score
Higher ratios = higher strength

Position Size Recommendations:

80-100 → 🔥 FULL SIZE (maximum confidence)
60-79 → 75% position (high confidence)
40-59 → 50% position (moderate confidence)
0-39 → 25% position or skip (low confidence)

Purpose: Not all A+ signals are equal - size your position based on actual signal quality

📱 Enhanced Dashboard Display
When High Conviction Signal Active:

Signal status (Active/Inactive)
Signal strength score with emoji indicator
Volume ratio (e.g., 3.2x)
Buy value ratio (e.g., 4.1x)
R/R ratio placeholder (future enhancement)
Position size recommendation with color coding

Visual Indicators:

Blue triangle "A+" marker at chart top
Color-coded position size backgrounds
Professional bordered table
All text in bright blue for visibility


🔔 Alert System
3 Alert Types:

High Conviction Signal (purple bar)
Buy Value Surge (yellow bar)
Institutional Buying (blue bar)

Alert Messages Include:

Ticker symbol
Current price
Signal type with emoji


💡 Screening Workflow
Multi-Chart Setup:

Open 4x4 or 6x3 chart grid
Load watchlist of stocks
Apply indicator to all charts
Scan top-right corners for active signals
Look for blue "A+" triangles at chart tops
Check signal strength scores
Focus on stocks with 80+ scores


🎓 Best Practices
Recommended Settings by Market:
Bursa Malaysia:

Buy Value Multiplier: 2.0-2.5
Volume Multiplier: 2.0
Timeframe: Daily

US Stocks (NYSE/NASDAQ):

Buy Value Multiplier: 2.5-3.5
Volume Multiplier: 2.5
Timeframe: Daily or 4H

Bitcoin/Crypto:

Buy Value Multiplier: 3.5-5.0
Volume Multiplier: 2.5-3.5
Timeframe: Daily or 4H


⚡ Key Advantages

Objective - Based on volume and price data, not subjective patterns
Universal - One indicator for all markets
Adaptive - Compares each stock to its own history
Risk-Aware - Built-in position sizing logic
Screener-Ready - Visual tools for scanning multiple charts
Filter-Heavy - Multiple filters reduce false signals
Customizable - Every parameter adjustable through settings


🚫 What It Doesn't Do

No price targets or stop losses
No prediction of how high price will go
No guarantee of profitability
Doesn't tell you when to exit
Doesn't account for fundamentals or news
R/R ratio currently a placeholder


🎯 Ideal Use Cases
✅ Swing trading - Catching institutional accumulation phases
✅ Stock screening - Finding high-conviction setups in watchlists
✅ Position sizing - Scaling in based on signal quality
✅ Multi-market trading - One tool for Malaysia, US, crypto
✅ End-of-day analysis - Daily timeframe scanning
❌ NOT ideal for:

Scalping (too much noise on low timeframes)
Short selling (designed for long signals)
Range-bound markets (requires uptrend)