🐳 Whales 🆚 Little Fish 🐟

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

In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.

For quick access on a chart, add this script to your favorites — learn more here.

Dreadblitz

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Open-source script

For quick access on a chart, add this script to your favorites — learn more here.

Dreadblitz