Stochastic + RSI + Volume Average HeatMap [DAITAR]

5 gün önce

Welcome! This indicator was carefully designed to deliver essential insights in a clean, space‑saving, and powerful compact format below your price chart, providing clarity without clutter and enhancing your trading experience.

📊 What You Get in One Small Pane

1. RSI (Relative Strength Index)
- RSI is a momentum oscillator bound between 0 and 100 that measures how fast and how much price has changed, helping you see if an asset is overbought (above 70) or oversold (below 30).
2. Stochastic Oscillator (%K & %D)
- This oscillator compares the current closing price to its recent range, giving values between 0 and 100. When it's above 80, the asset is considered overbought; under 20, it’s oversold. The %K line tracks the raw result and the %D line smooths that data for signal clarity.
3. Volume Average HeatMap (five color levels)
- Shows how heavy the volume really is compared to recent history, not just raw numbers.
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🤝 Use Them Together… or Solo

- Individually, RSI gives you a gauge of overall momentum, and Stochastic helps identify potential price reversals based on recent highs and lows.
- Combined, they provide a stronger, more reliable signal. i.e., both showing overbought or oversold reinforces the likelihood of a reversal.
---

🔍 Why This Indicator Combines All Three

By layering RSI for momentum, Stochastic for precision in reversals, and a Volume Average Heat Map for context, this tool offers a full-spectrum view that’s more reliable than relying on just one method.
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🔥 How the Volume Average Heat Map Works

1. Look‑back window – Choose how many past bars to include (default 100, up to 5,000). The script finds the highest volume in that range.
2. Volume percentage – Each bar gets a score using:
1. (current volume ÷ highest volume) × 100%
3. Capped at 100% – Keeps values tidy and consistent.
4. Five intensity tiers – Bars are colored based on thresholds:
- Extra High
- High
- Medium )
- Normal
- Low
Seeing an Extra High bar means that volume is in the top of recent activity and could signal a significant move.
---

✅ User-Friendly Benefits

- Saves space: No need to stack multiple indicators; everything is neatly shown below the price chart.
- Instant clarity: Color‑coded volume bars and shaded zones make reading signals easy, even for new traders.
- Smart signal combinations: When high volume aligns with overbought or oversold RSI and Stoch levels, you get a strong indication that something important could be happening.
---

How to Use It

1. Apply the indicator beneath your chart to keep your workspace clean.
2. Look for High or Extra High volume bars, they often precede big moves.
3. Watch the RSI and Stochastic lines: if they both enter their shaded zones, a reversal or pause might be on the horizon.

5 gün önce

Sürüm Notları

Welcome! This indicator was carefully designed to deliver essential insights in a clean, space‑saving, and powerful compact format below your price chart, providing clarity without clutter and enhancing your trading experience.

📊 What You Get in One Small Pane

1. RSI (Relative Strength Index)
- RSI is a momentum oscillator bound between 0 and 100 that measures how fast and how much price has changed, helping you see if an asset is overbought (above 70) or oversold (below 30).
2. Stochastic Oscillator (%K & %D)
- This oscillator compares the current closing price to its recent range, giving values between 0 and 100. When it's above 80, the asset is considered overbought; under 20, it’s oversold. The %K line tracks the raw result and the %D line smooths that data for signal clarity.
3. Volume Average HeatMap (five color levels)
- Shows how heavy the volume really is compared to recent history, not just raw numbers.

🤝 Use Them Together… or Solo

- Individually, RSI gives you a gauge of overall momentum, and Stochastic helps identify potential price reversals based on recent highs and lows.
- Combined, they provide a stronger, more reliable signal. i.e., both showing overbought or oversold reinforces the likelihood of a reversal.

🔍 Why This Indicator Combines All Three

By layering RSI for momentum, Stochastic for precision in reversals, and a Volume Average Heat Map for context, this tool offers a full-spectrum view that’s more reliable than relying on just one method.

🔥 How the Volume Average Heat Map Works

1. Look‑back window – Choose how many past bars to include (default 100, up to 5,000). The script finds the highest volume in that range.
2. Volume percentage – Each bar gets a score using:
1. (current volume ÷ highest volume) × 100%
3. Capped at 100% – Keeps values tidy and consistent.
4. Five intensity tiers – Bars are colored based on thresholds:
- Extra High
- High
- Medium )
- Normal
- Low
Seeing an Extra High bar means that volume is in the top of recent activity and could signal a significant move.

✅ User-Friendly Benefits

- Saves space: No need to stack multiple indicators; everything is neatly shown below the price chart.
- Instant clarity: Color‑coded volume bars and shaded zones make reading signals easy, even for new traders.
- Smart signal combinations: When high volume aligns with overbought or oversold RSI and Stoch levels, you get a strong indication that something important could be happening.

How to Use It

1. Apply the indicator beneath your chart to keep your workspace clean.
2. Look for High or Extra High volume bars, they often precede big moves.
3. Watch the RSI and Stochastic lines: if they both enter their shaded zones, a reversal or pause might be on the horizon.

4 gün önce

Sürüm Notları

Welcome! This indicator was carefully designed to deliver essential insights in a clean, space‑saving, and powerful compact format below your price chart, providing clarity without clutter and enhancing your trading experience.

📊 What You Get in One Small Pane

1. RSI (Relative Strength Index)
   RSI is a momentum oscillator bound between 0 and 100 that measures how fast and how much price has changed, helping you see if an asset is overbought (above 70) or oversold (below 30).
   
   
2. Stochastic Oscillator (%K & %D)
   This oscillator compares the current closing price to its recent range, giving values between 0 and 100. When it's above 80, the asset is considered overbought; under 20, it’s oversold. The %K line tracks the raw result and the %D line smooths that data for signal clarity.
   
   
3. Volume Average HeatMap (five color levels)
   Shows how heavy the volume really is compared to recent history, not just raw numbers.
   

🤝 Use Them Together… or Solo

• Individually, RSI gives you a gauge of overall momentum, and Stochastic helps identify potential price reversals based on recent highs and lows.
  
  
• Combined, they provide a stronger, more reliable signal. i.e., both showing overbought or oversold reinforces the likelihood of a reversal.
  

🔍 Why This Indicator Combines All Three

By layering RSI for momentum, Stochastic for precision in reversals, and a Volume Average Heat Map for context, this tool offers a full-spectrum view that’s more reliable than relying on just one method.

🔥 How the Volume Average Heat Map Works

1. Look‑back window – Choose how many past bars to include (default 100, up to 5,000). The script finds the highest volume in that range.
   
   
2. Volume percentage – Each bar gets a score using:
    (current volume ÷ highest volume) × 100%
   
   
3. Capped at 100% – Keeps values tidy and consistent.
   
   []Five intensity tiers – Bars are colored based on thresholds:
    
   • []Extra High
      []High
      []Medium
      []Normal
      []Low
      
   
   
   Seeing an Extra High bar means that volume is in the top of recent activity and could signal a significant move.
   

✅ User-Friendly Benefits

• Saves space: No need to stack multiple indicators; everything is neatly shown below the price chart.
  
  
• Instant clarity: Color‑coded volume bars and shaded zones make reading signals easy, even for new traders.
  
  
• Smart signal combinations: When high volume aligns with overbought or oversold RSI and Stoch levels, you get a strong indication that something important could be happening.
  

🛠 How to Use It

1. Apply the indicator beneath your chart to keep your workspace clean.
   
   
2. Look for High or Extra High volume bars, they often precede big moves.
   
   
3. Watch the RSI and Stochastic lines: if they both enter their shaded zones, a reversal or pause might be on the horizon.