MACD of Aggregated Buy/Sell Pressure - InFinito

12 Nis 2022

Modified & Updated script from MARKET VOLUME by Ricardo M Arjona xel_arjona that Includes Aggregated Volume

Aggregation code originally from Crypt0rus

***The indicator can be used for any coin/symbol to aggregate volume , but it has to be set up manually***
***The indicator can be used with specific symbol data only by disabling the aggregation option, which allows for it to be used on any symbol***

- Calculated based on Aggregated Volume instead of by symbol volume . Using aggregated data makes it more accurate and allows to compare volume flow between different kinds of markets (Spot, Futures , Perpetuals, Futures+Perpetuals and All Volume ).

- As well, in order to make the data as accurate as possible, the data from each exchange aggregated is normalized to report always in terms of 1 BTC . In case this indicator is used for another symbol, the calculations can be adjusted manually to make it always report data in terms of 1 contract/coin.

Buy to Sell Convergence / Divergence by xel_arjona:
"It's a simple adaptation of the popular "Price Percentage Oscillator" or MACD but taking Buying Pressure against Selling Pressure Averages, so given a Positive oscillator reading (>0) represents Bullish dominant Trend and a Negative reading (<0) a Bearish dominant Trend. Histogram is the diff between RAW Volume Pressures Convergence/Divergence minus Normalized ones (Signal) which helps as a confirmatory."

Things to look for:

- Divergences: This indicator can very useful to spot tops and bottoms through divergences

5 Mar 2023

Sürüm Notları

• Fixed Aggregation Error
  
• Switched FTX pairs default setting to OFF to increase accuracy
  

15 Nis 2023

Sürüm Notları

Fixed Invalid Symbol Issue

30 Nis 2023

Sürüm Notları

- Fixed Invalid Symbol Error