OPEN-SOURCE SCRIPT
Volume Based Price Action
This indicator is uses volume and common candlestick patterns to suggest potential trend reversals. It is not quite meant to be used as a buy/sell signal. Instead, it should be used to evaluate market psychology based on when the buyers or sellers fully dominated the price action.
In the current version, the indicators looks for engulfing and pin-bar patterns. Optionally, it also considers rising volume as further confirmation to the signal. In future, I plan on allowing it to track more candlestick patterns.
Please let me know if you have any suggestions, concerns, or comments!
In the current version, the indicators looks for engulfing and pin-bar patterns. Optionally, it also considers rising volume as further confirmation to the signal. In future, I plan on allowing it to track more candlestick patterns.
Please let me know if you have any suggestions, concerns, or comments!
Açık kaynak kodlu komut dosyası
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publications is governed by House rules. Bir grafikte kullanmak için favorilere ekleyebilirsiniz.
Bu komut dosyasını bir grafikte kullanmak ister misiniz?
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.