Volume by Session

8257 뷰
This indicator shows volume separated by session. The aim is clarify which session a volume bar occurred in and how it compares to the average of that session - NOT ALL SESSIONS.

The logic is that there is little value comparing for example the volume of the London session against volume of the London-NY session - the London-NY will always have higher volume . But how does today's london compare to yesterdays london or the london average.

The indicator has moving averages that only consider the average of previous episodes of the same session - so the average on the london session is the average of the past 5 london sessions (NY and asia and London-NY are not included in the calculation of the MA).

The indicator goes as high as 1H timeframe and the average line does not function below 5 mins - thats a limitation on available data to calculate it.

There's also a 'dark screen' function. Thats because I like a black background so the colours need to be inverted.

Hope its useful. Good luck.


릴리즈 노트: I had to reduce the look back period by 50 bars because the script just stopped running
릴리즈 노트: - added the option to not show price higher/lower candle closes.
- added the option to show a simple moving average for all bars
- added the option to show/hide the session average or simple average

즐겨찾기 스크립트에서 빼기 즐겨찾기 스크립트에 넣기


This publication is now featured in our Editors' Picks. In the name of all TradingView traders, thank you for your valuable contribution to the TradingView community, and congrats!
+14 응답
is this free
+5 응답
@thebaci, hello thebaci - yes its free.

It does not affect my performance if my fellow retail traders do good or bad so I just share if i think others will use it. Its also a good way to back the script up in case i delete it by accident.
Hi can i use in india market & I'm unable to find your script can u pls send link..
quite interesting
thanks for this!!! God Bless Brother
Knightrader92 SKYLOBSTER
@SKYLOBSTER, Is it working on 5 mins ?
john_everist Knightrader92
john_everist Knightrader92
@Knightrader92, no sorry knightrader - i dont use 5 mins so i never coded that
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