ฮ Volume Finder Vol Delta v1.0 by ๐จ๐ท๐พ๐ต๐น๐ด๐ท๐น๐ญ๐พ๐ญ๐ฒ๐ธ
ฮ Volume Finder Vol Delta v1.0 by ๐จ๐ท๐พ๐ต๐น๐ด๐ท๐น๐ญ๐พ๐ญ๐ฒ๐ธ
General Description
๐ฐThis indicator is given FREE to all our premium indicator subscribers.
๐Volume Finder is an indicator designed to provide additional insights, and actionable information from the vanilla volume indicator you are all used to.
โน More information is never a bad thing! This indicator gives you several tools in one package. The aim is to give volume some additional depth and utility.
๐The indicator works on any timeframe and any market that has basic volume data (stocks, forex, crypto).
๐Features
๐ First off the volume bars are split into positive volume and negative volume. This allows you to more easily visualize the amount of a "green" candle that was actually SELLS, and vice versa - the amount of a "red" candle that were actually BUYS.
๐It will auto gradient the volume levels based on historical volume range for whatever instrument you are looking at. Yellow bars are deviated outside the lower range (many times this will precede a breakout / breakdown).
๐ซIf you do not wish to set the auto gradient, you can manually set the levels you would like via settings, or turn it off.
๐ฆNext is the Volume Delta. This is the line that is oscillating above and below zero. This shows you the net positive or negative volume. In other words, it shows you the total positive or negative volume.
โโThird are options for EMA plots of the total positive volume and total negative volume. This should be pretty self explanatory.
๐ฉLastly is a system that generates alerts when volume breaks out past a certain user defined level. You can plot these alerts as one or both of the following: colored bars on the price chart, or alert bubbles within the indicator pane.
๐ญPlease leave me any ideas or feedback you have!
๐ฌQuestions? Comments? Want to get access to an entire suite of proven trading indicators? Come visit us on telegram and chat, or just soak up some knowledge. We make timely posts about the market, news, and strategy everyday. Our community isnt open only to subscribers - everyone is welcome to join.
General Description
๐ฐThis indicator is given FREE to all our premium indicator subscribers.
๐Volume Finder is an indicator designed to provide additional insights, and actionable information from the vanilla volume indicator you are all used to.
โน More information is never a bad thing! This indicator gives you several tools in one package. The aim is to give volume some additional depth and utility.
๐The indicator works on any timeframe and any market that has basic volume data (stocks, forex, crypto).
๐Features
๐ First off the volume bars are split into positive volume and negative volume. This allows you to more easily visualize the amount of a "green" candle that was actually SELLS, and vice versa - the amount of a "red" candle that were actually BUYS.
๐It will auto gradient the volume levels based on historical volume range for whatever instrument you are looking at. Yellow bars are deviated outside the lower range (many times this will precede a breakout / breakdown).
๐ซIf you do not wish to set the auto gradient, you can manually set the levels you would like via settings, or turn it off.
๐ฆNext is the Volume Delta. This is the line that is oscillating above and below zero. This shows you the net positive or negative volume. In other words, it shows you the total positive or negative volume.
โโThird are options for EMA plots of the total positive volume and total negative volume. This should be pretty self explanatory.
๐ฉLastly is a system that generates alerts when volume breaks out past a certain user defined level. You can plot these alerts as one or both of the following: colored bars on the price chart, or alert bubbles within the indicator pane.
๐ญPlease leave me any ideas or feedback you have!
๐ฌQuestions? Comments? Want to get access to an entire suite of proven trading indicators? Come visit us on telegram and chat, or just soak up some knowledge. We make timely posts about the market, news, and strategy everyday. Our community isnt open only to subscribers - everyone is welcome to join.
