VDMM v2 by SupersonicFXHey everyone. This is my first indicator.
It displays the (V)olumen (D)elta (M)is (M)atch candles which represents major levels on different TF.
You can adjust the settings, but in my opinion on default the indicator works perfectly fine.
I use this indicator for two forex pairs (GU/EU) ONLY! Not tested on stocks, crypto or other forex pairs.
Enjoy
Göstergeler ve stratejiler
Blitz Model
The Blitz indicator is a comprehensive market structure analysis tool designed specifically for the 4-hour timeframe. It identifies and visualizes key market movements including sweeps, fair value gaps (FVGs), and session-based liquidity levels.
1) Key Features :
A) Market Structure Analysis :
i) Sweep Detection: Identifies bullish and bearish sweeps of previous highs/lows.
ii) Double Purge Recognition: Detects when both bullish and bearish sweeps occur on the same candle.
iii) Fair Value Gap (FVG) Visualization: Displays imbalance zones with customizable box colors.
iV) Session-Based Analysis: Tracks Asian and London session highs/lows.
B) Multi-Timeframe Confirmations :
i) Layer 2 Validation System: Incorporates H1 and M15 timeframe confirmations.
ii) H1 Sweep Confirmations: Validates 4H signals with hourly sweep patterns.
iii) M15 Analysis: Includes both sweep and FVG confirmations from 15-minute timeframe.
C) Key Level Integration :
i) Daily 0.5 Level: Plots the midpoint of previous day's range with customizable styling.
ii) Session Liquidity: Identifies sweeps of Asian and London session extremes.
ii) FVG Interaction: Detects when sweeps occur near fair value gaps.
D) Customization Options :
i) Label Styling: Full control over label size, style, and colors for all signal types.
ii) Double Purge Customization: Separate styling options for double purge signals.
iii) Line Customization: Adjustable daily 0.5 line appearance (style, color, width).
iv) Display Controls: Toggle visibility for FVGs, labels, and confirmation history.
2) Technical Specifications
A) Timeframe Requirements :
i) Primary Timeframe: 4H only (indicator will show error on other timeframes).
ii) Multi-Timeframe Data: Analyzes H1 and M15 for confirmations.
iii) Session Times: Configurable start/end times.
B) Signal Validation Criteria :
Sweeps are validated when they occur at one or more of the following conditions:
i) FVG Zones: Price interaction with identified fair value gaps.
ii) Daily Midpoint: Proximity to the 50% level of previous day's range.
iii) Session Levels: Sweeps of Asian (19:00-01:00 NY) or London (02:00-05:00 NY) extremes.
C) Layer 2 Confirmation System :
i) H1 Confirmations (H1S): Sweep patterns on 1-hour charts within the 4H candle formation.
ii) M15 Sweep (M15S): 15-minute sweep confirmations.
iii) M15 FVG (M15F): 15-minute fair value gap formations.
3) Usage Guidelines :
A) Setup Instructions :
i) Apply to 4-hour charts only.
ii) Configure session times based on your analysis preferences.
iii) Customize label appearance and colors to match your chart theme.
iv) Enable/disable features based on your trading style.
B) Signal Interpretation :
i) Green Labels: Bullish sweeps with validation criteria met.
ii) Red Labels: Bearish sweeps with validation criteria met.
iii) Purple Labels: Double purge scenarios (both directions swept).
iv) Checkmark (✓): Indicates Layer 2 multi-timeframe confirmation present.
v) For double purge interpretations :
- Low & High means recent purge (just previous candle)
- Low & High means medium term purge (8H prior)
- Low & High means longer term purge (12H + prior)
4) Compatibility :
Max Objects: Supports up to 500 boxes and labels simultaneously.
5) Support & Updates :
This indicator represents educational concepts in market structure analysis. Users should thoroughly test and understand all signals before considering any practical application.
Disclaimer :
Always practice proper risk management. This is for educational purposes only and is not a financial advice.
Time ZonesThis indicator plots Horizontal lines for specific time on the chart as per the time selected and then trade accordingly
Volume CandleVolume Candle (VolCandle)
This indicator highlights candles with unusually high volume compared to a moving average volume baseline. It helps traders easily spot heavy trading activity that may signal strong buying or selling interest.
Key Features:
Colors candles differently based on volume and price action:
High volume bullish candles shown in bright green.
High volume bearish candles shown in red.
Normal volume candles use muted silver/gray colors.
Shows volume labels (in thousands) on high volume candles for quick reference.
Highlights candle background on high volume bars for visual emphasis.
Displays a statistical table summarizing current volume, volume moving average, threshold, volume ratio, and status.
Configurable parameters for volume average period and volume threshold factor.
Alerts for high volume bullish or bearish candles to catch key market moves.
This tool is useful for volume-based trade confirmation, spotting breakouts, reversals, or strong momentum driven by increased market participation.
All in 1 by PKAll in one indicator comprising of stock name and sector, adr %, Market cap, and moving averages
TWS - ATM CE/PE Price Lines + PCRThis indicator is used for PCR & put & call line display on same chart.
BB TrendSyncBB TrendSync - Advanced Dual-Band Momentum Deviation System
Core Innovation and Originality
This indicator transforms traditional Bollinger Band analysis through three key innovations that distinguish it from standard implementations:
1. Dual-Band Percentage Oscillator Architecture: Unlike conventional Bollinger Bands that display price levels, this system converts dual Bollinger Band calculations into percentage-based oscillators. The first system uses extended lookback periods (40-period base with 65-period standard deviation) for macro trend detection, while the second employs rapid response parameters (8-period base with 66-period standard deviation) for micro momentum capture. Each system independently calculates where price sits within its band range as a percentage from 0-100.
2. Momentum Deviation Enhancement: The breakthrough innovation applies standard deviation analysis to the percentage oscillator readings themselves. Rather than analyzing price volatility, this technique measures the volatility of the oscillator's position within its range over a specified period (typically 25 periods with 0.8 multiplier). This creates dynamic "bands around the bands" that adapt to changing market momentum characteristics.
3. Multi-Modal Signal Synthesis: The system provides five distinct methods for combining dual-band signals, from simple arithmetic averaging to consensus requirements where both systems must agree. The "Average" mode specifically utilizes momentum deviation crossovers rather than basic threshold crossovers, creating refined entry timing.
Mathematical Framework
Percentage Conversion Formula:
The core calculation transforms standard Bollinger Band readings into normalized percentages using the formula:
BB_Percent = 100 * (Source - Lower_Band) / (Upper_Band - Lower_Band)
Momentum Deviation Calculation:
The system then calculates the standard deviation of these percentage readings:
MD_StdDev = StandardDeviation(BB_Percent, MD_Length)
Upper_MD_Band = BB_Percent + (MD_Multiplier * MD_StdDev)
Lower_MD_Band = BB_Percent - (MD_Multiplier * MD_StdDev)
Signal Generation Logic:
Primary signals occur when momentum deviation bands cross predetermined thresholds, providing earlier and more reliable entry points than standard Bollinger Band touches. The system tracks band states dynamically, changing visual indicators when momentum shifts are detected.
Value Proposition for Closed-Source Distribution
This indicator justifies TOP ELITE access through several proprietary elements:
Algorithmic Sophistication: The momentum deviation methodology represents original research into oscillator volatility analysis. While Bollinger Bands are public domain, applying volatility analysis to the percentage oscillator itself is a novel approach that required extensive backtesting and optimization.
Advanced Signal Processing: The five-mode signal combination system with momentum deviation integration provides significantly more nuanced analysis than standard Bollinger Band implementations. The state tracking and visual feedback systems offer professional-grade market analysis tools.
Comprehensive Analytics Engine: The integrated performance measurement system calculates advanced metrics including Sortino ratio, Calmar ratio, and Kelly Criterion position sizing guidance in real-time, providing institutional-quality analytics typically found in expensive trading platforms.
Professional Visualization Framework: The dynamic color-coding system, gradient oscillator bars, and state-aware visual elements provide immediate market sentiment feedback that goes far beyond basic indicator plotting.
Technical Implementation Details
Dual-System Parameters:
System 1 (Macro): 40-period SMA base, 65-period standard deviation calculation, 1.0 multiplier
System 2 (Micro): 8-period SMA base, 66-period standard deviation calculation, 1.9 multiplier
Momentum Deviation Settings:
Standard deviation length: 25 periods (optimized for detecting momentum shifts)
Multiplier: 0.8 (calibrated to reduce false signals while maintaining sensitivity)
Threshold Configuration:
Long threshold: 62% (upper momentum zone entry)
Short threshold: 60% (lower momentum zone entry)
Close thresholds create tight range for precision timing
Signal Modes Explained:
BB1 Only: Uses macro system exclusively for trend-following signals
BB2 Only: Uses micro system exclusively for momentum scalping
Average: Employs momentum deviation crossovers of averaged systems
Both Required: Demands agreement from both systems before signaling
Either One: Triggers when any system generates signals
Performance Metrics Explained
Core Performance Metrics:
Net Profit: Total percentage return from strategy implementation, showing bottom-line effectiveness of the signal generation system.
Win Rate: Percentage of profitable trades, indicating signal accuracy. Combined with profit factor analysis to ensure statistical reliability.
Total Trades: Number of completed round-trip trades for statistical significance assessment.
Current P&L: Real-time profit/loss percentage of active positions with continuous updates.
Risk Assessment Metrics:
Max Drawdown: Largest peak-to-trough equity decline, crucial for risk management and position sizing decisions.
Calmar Ratio: Annualized return divided by maximum drawdown, providing risk-adjusted performance measurement.
Advanced Risk Metrics:
Sharpe Ratio: Excess return per unit of total volatility, industry standard for risk-adjusted performance comparison.
Sortino Ratio: Similar to Sharpe but focuses on downside deviation only, providing more realistic risk assessment.
Kelly Criterion (Half): Optimal position sizing calculation based on win probability and average win/loss ratios, using conservative half-Kelly approach.
Real-Time Status:
Position: Current market exposure (Long/Short/Cash)
MD State: Momentum deviation status (Bullish/Bearish/Neutral)
Practical Application
Setup Recommendations:
Use "Average" mode for balanced signal generation combining both timeframe perspectives
Monitor momentum deviation band colors for trend confirmation
Observe gradient oscillator position for market sentiment assessment
Utilize performance metrics for strategy optimization and risk management
Adjust thresholds based on market volatility characteristics
Market Applicability:
The system functions across all timeframes and instruments, with particular effectiveness in trending markets where momentum persistence provides statistical edge. The dual-band approach captures both short-term momentum shifts and longer-term trend developments.
Competitive Advantages
Unlike standard Bollinger Band indicators that simply plot price bands, this system provides:
Quantified momentum analysis through volatility-of-volatility calculations
Multi-modal signal processing for diverse market conditions
Professional-grade performance analytics with institutional metrics
Dynamic visual feedback systems for immediate market assessment
Optimized parameter sets developed through extensive backtesting
12H SUI
1H BTC Since 2023
Risk Disclaimer
This indicator is designed for educational and analytical purposes. It does not constitute financial advice or trading recommendations. Past performance does not guarantee future results. Trading involves substantial risk of loss, and you should carefully consider your financial situation before making trading decisions. The indicator's signals should be part of comprehensive analysis and never the sole basis for trading decisions. Always conduct independent research.
Technical Requirements
Compatible with all TradingView chart types and timeframes. Optimized for real-time analysis with efficient computational algorithms suitable for live trading environments.
Open Interest OverlayOpen Interest Overlay
Overview
This indicator displays Open Interest (OI) data directly on your price chart as an overlay, eliminating the need for separate panes while preserving authentic OI movement patterns. Perfect for traders who want to analyze OI correlations without sacrificing chart real estate.
Key Features
📊 Smart Price Scaling
• Automatically maps Open Interest values to fit within your chart's price range
• Preserves all directional movements, timing, and relative magnitude relationships
• Uses official TradingView Open Interest feed for accuracy
🎨 Full Customization
• Custom Colors: Choose your own colors for rising/falling OI (defaults: teal/red)
• Line Style: Toggle between step-line (traditional) or smooth line display
• Optional Fill: Shade area between OI line and mid-price for better visual reference
• Smoothing Options: Apply moving average smoothing to reduce noise
⚙️ Intelligent Settings
• Normalization Window: 300-bar lookback (customizable) for scaling calculations
• Auto Timeframe: Uses daily data for intraday charts on traditional assets, chart timeframe for crypto
• Real Value Display: Shows actual (unscaled) OI value on the last bar
How It Works
The indicator performs proportional mapping of Open Interest data:
1. Calculates OI range (high/low) over the lookback period
2. Maps this range to your chart's price range during the same period
3. Displays OI movements that maintain authentic patterns and timing
Perfect For
✅ Correlation Analysis - See how OI moves with price in real-time
✅ Divergence Spotting - Identify when OI and price trends diverge
✅ Clean Charts - No need for separate panes or window splitting
✅ Pattern Recognition - Spot OI building/declining during key price levels
✅ Cross-Market Analysis - View any symbol's OI overlay on your current chart (e.g., Bitcoin OI while viewing Ethereum prices)
What You Get vs Traditional OI Indicators
Advantages:
• Authentic OI movement patterns preserved
• Direct visual correlation with price action
• No chart real estate sacrifice
• Immediate trend and divergence recognition
Trade-offs:
• Shows relative OI changes rather than absolute values
• Scaling is relative to the selected lookback period
Ideal For
• Day traders monitoring intraday OI flow
• Swing traders analyzing OI trends with price movements
• Futures traders tracking institutional interest
• Anyone wanting clean, correlation-focused OI analysis
Compatible With
• Futures contracts with Open Interest data
• Any timeframe (auto-adjusts for optimal data)
• All TradingView-supported OI symbols
Dual Relative Strength FlexibleDual Relative Strength Flexible (RS1 & RS2)
This indicator calculates two Relative Strength (RS) values to compare a stock’s performance over two timeframes against different benchmarks.
Key Features:
RS1: Measures long-term relative strength of the stock versus a primary benchmark index (e.g., NIFTY).
RS2: Measures short-term relative strength which can be customized by the user to compare the stock against a sectoral index, NIFTY 500, NIFTY Total Market, or any other preferred index.
Zero Baseline: Displays neutral performance level for quick interpretation.
Color-coded plots to highlight outperformance (green hues) or underperformance (red hues).
Background shading: Green when both RS1 & RS2 are positive, red when both are negative.
Info Table: Shows current RS1, RS2 values, benchmark names, and their difference in percentage terms.
EMA 9 vs 21 Spread VarianceEMA 9 vs 21 Spread Variance
What it does
Tracks the distance between EMA 9 and EMA 21, then measures how volatile that distance has been over your chosen lookback. The indicator plots the EMA spread around zero and a rolling variance of that spread. Rising variance signals expanding dispersion between the fast and slow EMAs, which often precedes momentum bursts or regime shifts. Falling variance points to compression and mean-reversion conditions.
How it is calculated
Fast EMA and slow EMA are computed on the selected source.
Spread = EMA9 minus EMA21, plotted around zero.
Variance = rolling variance of the spread over Variance Lookback. Variance is always non-negative.
For readability you can show the variance either on its raw scale, or fitted to the spread’s recent range so both lines are comparable in one pane.
How to read it
Spread near zero with variance rising suggests an impending expansion from balance.
Large positive spread with elevated variance confirms a strong up-trend that is still dynamic.
Large negative spread with elevated variance confirms a strong down-trend that is still dynamic.
Variance rolling over after a run warns that momentum dispersion is cooling and that a consolidation or pullback is likely.
The horizontal zero line applies to the spread only. Variance does not cross zero.
Inputs
Source: price series for EMAs.
Fast EMA Length and Slow EMA Length: defaults 9 and 21.
Variance Lookback: window for the spread variance, common ranges 20 to 100 on intraday charts and 50 to 200 on higher timeframes.
Show spread line and Fit variance to spread scale: display controls.
Suggested use
Combine with your breakout logic. Look for variance expansion from low levels as a filter before taking continuation entries.
Use as a volatility context for EMA cross systems. Crosses that occur with rising variance tend to travel farther than crosses that occur during compression.
Caveats
Variance reacts to spikes in the spread, so it can jump around news bars. Smoothing reduces noise but adds lag. Consider pairing with ATR or session filters if you only want signals during liquid hours.
TradeStockOnev4Professional Trading Strategy
Specializes in trading uptrends, riding long-term waves
Limits frequent entries
Suitable for medium- to long-term stock trading
ICT Fractal HTF Candles [TFR]ICT HTF Fractal Candles
This indicator overlays higher timeframe (HTF) candles directly on your current chart for better multi-timeframe analysis. It plots up to the last 4 candles from a user-selected timeframe (5m, 15m, 1h, 4h, or 1D) with customizable body and border colors.
Features:
Displays the last 4 higher timeframe candles (open, high, low, close) on your current chart.
Customizable bullish, bearish, and inside close candle colors.
Optional midpoint wick lines (top and bottom) for precision reference, with extendable length for clarity.
Optional candle midpoint line for additional confluence.
Overlay mode allows you to see HTF structure without switching chart timeframes.
Timeframe label display so you always know which HTF is being plotted.
Offset control for shifting candle position.
Use Case:
This tool helps traders apply ICT concepts like PO3, midpoint reference levels, and multi-timeframe confirmation without constantly switching between charts. It’s particularly useful for identifying liquidity zones, midpoint reactions, and higher timeframe market structure while executing on a lower timeframe.
Z-Score Volume with CVD TrendZ-Score Volume & CVD Trend with Exhaustion Signals
This powerful, all-in-one indicator combines statistical volume analysis, Cumulative Volume Delta (CVD), and a custom clustering algorithm to provide a clear and dynamic view of market sentiment. It is designed to help traders identify the prevailing trend and spot potential reversals or trend exhaustion before they happen.
Important Note: This indicator is specifically designed and optimized for use during the Regular Trading Hours (RTH) New York session, which is typically characterized by high volume and volatility. Its signals may be less reliable in low-volume or overnight sessions.
Core Concepts
1. Volume Z-Score
The script first calculates a Z-score for volume, which measures how many standard deviations a bar's volume is from a moving average. This helps to identify statistically significant volume spikes that may signal institutional activity or a major shift in sentiment.
2. Cumulative Volume Delta (CVD)
CVD plots the net difference between buying and selling volume over time. A rising CVD indicates a surplus of buying pressure, while a falling CVD shows a surplus of selling pressure. This provides a clear look at the direction of momentum.
3. Custom Clustering
By combining the Volume Z-score and CVD delta, the script classifies each bar into one of six distinct "clusters." The purpose is to simplify complex data into actionable signals.
High Conviction Bullish: High Z-score volume with strong CVD buying.
High Conviction Bearish: High Z-score volume with strong CVD selling.
Effort vs. Result: High Z-score volume with no clear CVD bias, indicating indecision or a struggle between buyers and sellers.
Quiet Accumulation: Low volume with subtle CVD buying, suggesting passive accumulation.
Quiet Distribution: Low volume with subtle CVD selling, suggesting passive distribution.
Low Conviction/Noise: Low volume and low CVD, representing general market noise.
Trend and Exhaustion Logic
Trend Establishment: The indicator determines the overall trend (Bullish, Bearish, or Neutral) by analyzing the majority of recent clusters over a configurable lookback period.
A Bullish Trend is confirmed when a majority of recent bars are either "High Conviction Bullish" or "Quiet Accumulation."
A Bearish Trend is confirmed when a majority of recent bars are either "High Conviction Bearish" or "Quiet Distribution."
Trend Exhaustion: This is a key feature for identifying potential reversals. The script looks for a divergence between price action and CVD within a confirmed trend.
Bullish Exhaustion Signal: Occurs during a confirmed "Bullish Trend" when you see a bearish divergence (price makes a higher high, but CVD shows negative delta and a close lower than the open). This is a strong sign the uptrend may be running out of steam.
Bearish Exhaustion Signal: Occurs during a confirmed "Bearish Trend" when you see a bullish divergence (price makes a lower low, but CVD shows positive delta and a close higher than the open). This indicates the downtrend may be exhausted.
How to Interpret the Visuals
Volume Bars: Colored to match the cluster they belong to.
Background Color: Shows the overall trend (light green for bullish, light red for bearish).
Circle Markers (bottom): Green circles indicate a bullish trend, and red circles indicate a bearish trend.
Triangles and Circles (top): Represent the specific cluster of each bar.
Trend Exhaustion Markers: Triangles above/below the bar signal potential trend exhaustion.
Info Table: An optional table provides a real-time summary of all key metrics for the current bar.
Settings
Volume EMA Length: Adjusts the moving average used for the Volume Z-score calculation.
Z-Score Look Back: Defines the number of bars to use for the volume and CVD percentile calculation.
Lower/Upper Cluster Percentile: Use these to adjust the sensitivity of the clustering. Tighter ranges (e.g., 25/75) capture more data, while wider ranges (e.g., 10/90) will only signal truly extreme events.
Trend Lookback Bars: Controls how many recent bars are considered when determining the trend.
This script offers a comprehensive and easy-to-read way to integrate volume, momentum, and trend analysis into your trading.
Happy Trading!
Funding Rate Aggregated (Lite)Funding Rate Aggregated (Lite) provides traders with a consolidated view of perpetual futures funding rates across multiple major exchanges. Instead of monitoring each market individually, the script aggregates the available data into a single, average funding rate series—streamlining analysis and helping identify market-wide positioning imbalances.
The indicator supports Binance, Bybit, OKX, Bitget, and Coinbase, with user-controlled toggles to enable or disable specific venues. For exchanges offering multiple quote currencies (e.g., USDT, USD, or USDC pairs) inclusion is based on whether their trading activity (volume) is relevant (determined manually, not via code). Each available rate is checked and included in the calculation only if valid, ensuring the average reflects actual market conditions.
From a technical standpoint, the script:
Retrieves real-time funding rate data directly via request.security for the current symbol’s base currency.
Applies standard formatting similar to TradingView's official indicator.
Visualizes the average funding rate with color-coded plotting (green for positive, red for negative), alongside a neutral zero reference line.
Why it is useful:
Funding rates are a direct measure of long/short market bias in perpetual swaps. Persistently high positive rates often indicate overcrowded longs, while negative rates can reveal excessive shorting.
By combining multiple exchanges into one metric, traders gain a more robust signal, reducing noise from isolated exchange-specific anomalies.
This aggregated perspective can assist in timing contrarian trades, spotting funding-driven inefficiencies, and gauging overall market sentiment.
Applications in trading include:
Sentiment analysis: Assess whether perpetual futures traders are leaning heavily long or short.
Cross-exchange confirmation: Ensure that extreme funding isn’t confined to a single venue.
Risk management: Identify periods of elevated funding costs that may erode profitability in longer-term positions.
Strategy filters: Integrate the aggregated rate as a condition for entries/exits, or to adjust position sizing during extremes.
The Lite designation emphasizes simplicity and efficiency: the indicator avoids unnecessary visual and data-driven clutter and focuses on delivering one clear, aggregated signal that can be adapted to a wide range of trading styles.
C25_EngulfingEngulfing Testing Script. Best used for 5m MNQ futures. Can work on others with tweaks to parameters
Trade Stock One v3Professional Trading Strategy
Specializes in trading uptrends, riding long-term waves
Limits frequent entries
Suitable for medium- to long-term stock trading
Average True Range DisplayThis is a simple number on the screen showing current timeframes average true range.
ITCRM CCL (aprox BCRA)This script calculates an approximation of the Real Multilateral Exchange Rate Index (ITCRM) with the CCL dollar, replicating the methodology of the Central Bank of Argentina (BCRA) but using the financial exchange rate (AL30C/AL30D) as a base.
Bilateral ARS/currency rates are built for Argentina’s main trading partners (Brazil, USA, Eurozone, China, etc.).
A weighted geometric average is applied according to trade shares.
The index is normalized to base 100 at the start of the series.
⚠️ This is a reference version, not official.
Net Positions (Net Longs & Net Shorts) - Volume AdjustedNet Positions (Net Longs & Net Shorts) - Volume Adjusted
Based on the legendary LeviathanCapital - Net Positions Indicator
Adjusted to use volume calculation for more percise data
Few important caveats:
- EVERY BUYER NEED A SELLER AND EVERY SELLER NEED A BUYER
- This indicator is meant to give you a sense of direction for the market orders ("who is the aggresive side") and should be used as confluence not as true values
In reality, in market movement each candle will contain both buying and selling, contracts closing and opening but due to some limitations that is hard to make properly.
Even with these limitations this indicator can provide a better picture than some other even external tools out there.
The main benefit of using volume delta and open interest instead of just open interest and candle closes G/R that it solves the problem with extreme cases where there might be an absorption of market orders.
Example of the Volume Edge in Action:
Bullish Absorption (The "Trap" for Sellers)
Candle Close + OI: A large Red Candle forms with Rising OI. The interpretation is simply: "New shorts are opening"
Volume Delta + OI: The same Red Candle with Rising OI has a Positive Volume Delta.
The True Story: Aggressive buyers tried to push the price up, but they were completely absorbed by large passive sell orders.
The "Volume Delta" logic:
If OI ↑ → new positions opened
• Delta ↑ → net longs added
• Delta ↓ → net shorts added
If OI ↓ → positions closed
• Delta ↑ → shorts closing
• Delta ↓ → longs closing
The "Price" logic:
If OI ↑ → new positions opened
• Price ↑ → net longs added
• Price ↓ → net shorts added
If OI ↓ → positions closed
• Price ↑ → shorts closing
• Price ↓ → longs closing
ITCRM CCL (aprox BCRA)This script calculates an approximation of the Real Multilateral Exchange Rate Index (ITCRM) with the CCL dollar, replicating the methodology of the Central Bank of Argentina (BCRA) but using the financial exchange rate (AL30C/AL30D) as a base.
Bilateral ARS/currency rates are built for Argentina’s main trading partners (Brazil, USA, Eurozone, China, etc.).
A weighted geometric average is applied according to trade shares.
The index is normalized to base 100 at the start of the series.
⚠️ This is a reference version, not official.
