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WMA and Intraday Highest Volume Candle Levels

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🔹 WMA Calculation (Weighted Moving Averages)
Custom WMA Function:

Uses a manual weighted average calculation.

Assigns more weight to recent prices for smoother trend detection.

Three Timeframes:

5-Minute WMA (Yellow)

15-Minute WMA (Blue)

30-Minute WMA (Red)

🔹 Intraday Highest Volume Candle Levels

Finds the candle with the highest volume for the selected intraday timeframe.

Stores its High & Low levels to act as support/resistance.

Deletes and redraws lines daily to reflect the latest session's highest volume candle.

Plots horizontal lines:

Green Line: High of the highest volume candle.

Red Line: Low of the highest volume candle.

Customization: User can choose the analysis timeframe (default: 3 minutes).

✅ Benefits of This Indicator
✔ Multi-timeframe trend analysis using WMA.
✔ Key intraday levels based on highest volume candle.
✔ Dynamic support & resistance levels based on real-time volume activity.
✔ Customizable timeframe for volume analysis.

Sürüm Notları
🔹 WMA Calculation (Weighted Moving Averages)
Custom WMA Function:

Uses a manual weighted average calculation.

Assigns more weight to recent prices for smoother trend detection.

Three Timeframes:

5-Minute WMA (Yellow)

15-Minute WMA (Blue)


🔹 Intraday Highest Volume Candle Levels

Finds the candle with the highest volume for the selected intraday timeframe.

Stores its High & Low levels to act as support/resistance.

Deletes and redraws lines daily to reflect the latest session's highest volume candle.

Plots horizontal lines:

Green Line: High of the highest volume candle.

Red Line: Low of the highest volume candle.

Customization: User can choose the analysis timeframe (default: 3 minutes).

✅ Benefits of This Indicator
✔ Multi-timeframe trend analysis using WMA.
✔ Key intraday levels based on highest volume candle.
✔ Dynamic support & resistance levels based on real-time volume activity.
✔ Customizable timeframe for volume analysis.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.