OPEN-SOURCE SCRIPT
(LES/SES) Compliment Net Volume

(LES/SES) Compliment Net Volume
(LES/SES) Compliment Net Volume is a volume-based confirmation tool designed to show whether buyers or sellers are truly in control behind the candles. It acts as a compliment to the Long Elite Squeeze (LES) and Short Elite Squeeze (SES) frameworks, giving traders a clearer view of momentum strength.
Note! {Short Elite Squeeze (SES) Will be released in the Future}
-Designed to take shorts opposite of the long trades from LES
🔹 Core Logic
Net Volume Calculation – Positive volume when price closes higher, negative when price closes lower.
Cumulative Smoothing – Uses a rolling SMA of cumulative differences to remove noise.
Color Coding –
Green → Buyer dominance
Red → Seller dominance
Gray → Neutral pressure
🔹 How to Use
Above zero (green) → Buyers dominate → supports long setups (LES). [When Running Long Trade]
Below zero (red) → Sellers dominate → supports short setups (SES). [When Running Short Trade]
Flat/gray → No clear pressure → signals caution or chop.
This makes it easier to confirm when market participation aligns with a potential entry or exit.
🔹 Credit
The Compliment Net Volume was developed by Hunter Hammond (Elite x FineFir) as part of the LES/SES system.
The concept builds on classic Net Volume and cumulative volume analysis principles shared by the TradingView community, but has been uniquely adapted into the LES/SES framework.
⚠️ Disclaimer: This is a framework tool, not financial advice. Use with proper risk management.
(LES/SES) Compliment Net Volume is a volume-based confirmation tool designed to show whether buyers or sellers are truly in control behind the candles. It acts as a compliment to the Long Elite Squeeze (LES) and Short Elite Squeeze (SES) frameworks, giving traders a clearer view of momentum strength.
Note! {Short Elite Squeeze (SES) Will be released in the Future}
-Designed to take shorts opposite of the long trades from LES
🔹 Core Logic
Net Volume Calculation – Positive volume when price closes higher, negative when price closes lower.
Cumulative Smoothing – Uses a rolling SMA of cumulative differences to remove noise.
Color Coding –
Green → Buyer dominance
Red → Seller dominance
Gray → Neutral pressure
🔹 How to Use
Above zero (green) → Buyers dominate → supports long setups (LES). [When Running Long Trade]
Below zero (red) → Sellers dominate → supports short setups (SES). [When Running Short Trade]
Flat/gray → No clear pressure → signals caution or chop.
This makes it easier to confirm when market participation aligns with a potential entry or exit.
🔹 Credit
The Compliment Net Volume was developed by Hunter Hammond (Elite x FineFir) as part of the LES/SES system.
The concept builds on classic Net Volume and cumulative volume analysis principles shared by the TradingView community, but has been uniquely adapted into the LES/SES framework.
⚠️ Disclaimer: This is a framework tool, not financial advice. Use with proper risk management.
Açık kaynak kodlu komut dosyası
Gerçek TradingView ruhuna uygun olarak, bu komut dosyasının oluşturucusu bunu açık kaynaklı hale getirmiştir, böylece yatırımcılar betiğin işlevselliğini inceleyip doğrulayabilir. Yazara saygı! Ücretsiz olarak kullanabilirsiniz, ancak kodu yeniden yayınlamanın Site Kurallarımıza tabi olduğunu unutmayın.
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.
Açık kaynak kodlu komut dosyası
Gerçek TradingView ruhuna uygun olarak, bu komut dosyasının oluşturucusu bunu açık kaynaklı hale getirmiştir, böylece yatırımcılar betiğin işlevselliğini inceleyip doğrulayabilir. Yazara saygı! Ücretsiz olarak kullanabilirsiniz, ancak kodu yeniden yayınlamanın Site Kurallarımıza tabi olduğunu unutmayın.
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.