OPEN-SOURCE SCRIPT

🐳 Whales 🆚 Little Fish 🐟

Updated

THIS INDICATOR DETERMINES WHAT THE STRONG HANDS AND WEAK HANDS ARE DOING, BASED ON THE FAMOUS INDICATOR "KONCORDE", OBTAINED FROM THE PERCENTARY VARIATION OF THE INDICATOR IVP (POSITIVE VOLUME INDEX) AND IVN (VOLUME INDEX). ANYONE READING THE AVAILABLE DOCUMENTATION ON THESE TWO SMALL MATHEMATICAL JEWELRY WILL DISCOVER THAT THE ATTRIBUTED VOLUMES NEGOTIATED TO STRONG HANDS (IVN) OR WEAK HANDS (IVP).

NOTE: USE THIS INDICATOR ONLY IN INSTRUMENTS WITH REAL VOLUME.

Release Notes

NOTE: THIS INDICATOR DOES IT ON A NON-OFFICIAL KONCORDE VERSION SHARED IN TRADINGVIEW, TODAY I OBTAINED THE OFFICIAL VERSION OF KONCORDE OF BLAI5 AND I FIND OUT THAT THE RESULT IS VERY DIFFERENT FROM THE NON-OFFICIAL VERSIONS THAT ARE NOT FOUND THE CODE AS I DO NOT HAVE THE BLAI5 PERMITS, SO I RECOMMEND NOT TO USE THIS INDICATOR AS IT GENERATES INCORRECT RESULTS. YOU ALSO TAKE THE OPPORTUNITY FOR DECITERS THAT DO NOT USE ANY OFFICIAL VERSION OF KONCORDE THOSE THAT ARE PUBLISHED, AS THE RESULTS ARE VERY DIFFERENT FROM THE ORIGINAL VERSION.

Release Notes

NOTE: THE VERSION THAT WORKS CORRECTLY IS: https://www.tradingview.com/script/RCAWXCwB-Whales-VS-Little-Fish-Reviewed/

Open-source script

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