Style line implementation this indicator calculates volume profile. Style histogram implementation ver 3 0. Style columns implementation ver 2 0.
Volume profile free pro by ragingrocketbull 2019 version 1 0 all available volume profile free pro versions are listed below they are very similar and i don t want to publish them as separate indicators. Where for a green up candle the counter wick volume is the top wick volume. Total volume excluding the counter wick volume.
Attributable volume is calculated as. A volume indicator which calculates attributable volume the portion of volume which contributed to the direction in which the candle moved. If we can fade the 55 200 then 377 id like to see the poc on the volume.
1st area on interest around the 55 ema at 8670. If we can manage a close above the 8550 on a 4hr 12hr candle i would expect quite a sharp move out of the pattern to higher levels. So a lower test of the 8400 8500 after a very slow decline from the upper weekly resistance of 9500.
Exchange rates fluctuate continuously due to the ever changing market forces of supply and demand. This is a decentralized market that spans the globe and is considered the largest by trading volume and the most liquid worldwide. Currencies are traded on the foreign exchange market also known as forex.
The study accounting for user defined parameters such as number of rows and time period plots a histogram on the chart meant to reveal dominant and or significant price levels based on volume. Volume profile is an advanced charting study that displays trading activity over a specified time period at specified price levels. News events are typical moments when volume can increase.
A sudden increase in trading volume points to a increased probability of the price changing.
Forex volume indicator tradingview. Volume profile indicator v0 5 beta volume profile is suitable for day and swing trading on stock and futures markets is a volume based indicator that gives you 6 key values for each session. Poc vah val profile high low and mid levels. This indicator combines the traditional forex moving averages 20ema 50ma 200ma into a single indicator with an adaptive moving average ama taken from a user defined timeframe to show trend direction by default it plots the daily 10 2 34 kama overlayed on any timeframe chart. 3w 261 8 of w1 and w2 therefore 3rd wave was extended.
W1 1 22984 is current support for long. Elliot wave rule 1. 4w can t overlap of w1 and the current price is very close to 1w which is the best potential opportunity to buy. A brief explanation of trading volume analysis using x volume indicator v 2 0.
Not very good english. I m sorry version 2 0 of the x volume indicator. Finally we can more than ever deeply examine the market processes. The real time indicator shows simply invaluable market information.
It is one of the few indicators that is not based on price. High volume points to a high interest in an instrument at its current price and vice versa.
High volume points to a high interest in an instrument at its current price and vice versa. It is one of the few indicators that is not based on price. The real time indicator shows simply invaluable market information.
Finally we can more than ever deeply examine the market processes. I m sorry version 2 0 of the x volume indicator. Not very good english.
A brief explanation of trading volume analysis using x volume indicator v 2 0. 4w can t overlap of w1 and the current price is very close to 1w which is the best potential opportunity to buy. Elliot wave rule 1.
W1 1 22984 is current support for long. 3w 261 8 of w1 and w2 therefore 3rd wave was extended. This indicator combines the traditional forex moving averages 20ema 50ma 200ma into a single indicator with an adaptive moving average ama taken from a user defined timeframe to show trend direction by default it plots the daily 10 2 34 kama overlayed on any timeframe chart.
