MCI and VCI - Modified CCI FormulasFor private peeps only
- Takes a modified version of the CCI formula into 2 parts
VCI - Volume Channel Index (Yellow Histogram)
- Measures accurate accumulation and distribution levels and times
MCI - Modified Channel Index
- Measures (when compared to VCI) levels where clearly buys are interested vs not interested.
Example:
If VCI > MCI
- Shows buyer's are more than interested in buying, you've either hit a bottom or heavy resistance
if MCI > VCI
- Show's buyer's aren't interested and will most likely result in a dump/lower price
Great for monitoring accumulation and distribution, these auto buy and sells look for the transition points over 0, works on EVERY commodity/stock/FOREX/Crypto
Results are from trading 1 BTC x25 leveraging. Not all trades will get in if put in at limit, but it does survive with profits after the massive 0.075 fee (results shown are after fees)
On Balance Volume (OBV)
OBV+OBV+ is a OBV study enhanced with a linear regression moving average.
Default Settings:
Linear Regression of OBV: 34
Activate Vertical Bar Highlights and/or Signal Flags for:
- RSI crossing its Linear Regression . (Default: Both On)
Users can also do extra tuning in Style Section of Format options.
To use this indicator we need to observe the market's behaviour and identify which settings are fit for the timeframe and type market trading.
Recommended suggested settings
Linear Regression of OBV: 34/21
The market behaves differently when the pacing changes, volatility changes and when it trends or when it ranges. Develop an understanding of it with the help of this study.
Avoid risking more than 1% per trade. Be responsible for always making a priority about protecting capital and managing risk.
@coinpocalypse - Scalp Script - OBV with BBandsThis is a scalp script for the M15, tested on XBTUSD with good results.
Still some work to do, but easy to use.
Shrek - Cause it fucks just like the ogreUses exponential moving averages and tests where overbought vs oversold. VERY good, only allowed for a select few.
Strategy CCI coded modified OBVOBV based indicator that comapres against moving average to generate buy/sell signals
NeoIchi
The idea of this oscillator / indicator came from Ichimoku , how it draws and how it calculates different averages in different scales.
The formula used for this indicator is totally different from Ichimoku , as you can compare the left and right charts, with same setting between my indicator and ichimoku , different results show up.
The inputs that you can use for this indicator/oscillator :
1- HLC3 (better to through it on the chart just like ichimoku
2- acceleration - deceleration (set the first parameter to 5 and the second to 34 for standard calculations)
3- pure volume
4- OBV ( On Balance Volume )
5- Bill Williams MFI ( Market Facilitation Index )
6- Momentum : This one can have different options : set with Barry Burn's formula and bar scale for when the charts are 1 to 3 ratio (B 3) or when they are not 1 to 3 (B), Bill William standard (W), Hybrid with barry's input (Would be bar close but I replaced it with HLC3, better results) but Bill William time scale for calculations (H), and finally, use Bill Williams MFI as input but use Barry Burn's time scales in formula (H M)
If you have any specific input in mind that you think would be nice to have in this system, through a comment bellow and I will add it to the system.
This oscillator / indicator is for sale, you can buy a life long licence that would include all updates with 0.01 BTC. Send the BTC + transaction fee to the wallet address bellow :
12EDAYA52DzcXdh9aLC9Pqqfhm1jNMjxNo
after sending the BTC , contact me in pm and send the transaction ID with your trading view's ID and I will give you access to this oscillator / indicator
OBV with 13 EMA - TRIOn Balance Volume with 13 Exponential Moving Average.
Taught in school Level 1 program.
BitMEX Funding Toolbox [NeoButane]BitMEX's funding rates as described on their website.
Usage of the indicator:
Cumulative funding is a running sum of funding, similar to OBV. The idea is that funding can be used to predict current sentiment or market direction. The blue line is cumulative funding and the orange is a MVWAP used as a signal to determine current trend. Longs are paid when the blue line is going down.
Cumulative funding oscillator is the running sum of funding but made to be able to discern more recent trends.
Funding rate and premium index is as the name states.
Pictures of funding directly from BitMEX's funding history: imgur.com
The indicator will auto-select XBTUSD or ETHUSD depending which ticker is currently being viewed; if it is not on bitcoin or ethereum it defaults to XBTUSD funding.
References used:
www.bitmex.com
www.bitmex.com
More pictures:
Volume ENTERThis is an OBV ( On Balance Volume ) with two different moving averages on it plus a bollinger band set to OBV to find the squeeze and expansion points on OBV. As you many know, OBV is one of those indicators that can show you the volume and not only that but also the direction that volume is going.
Variable Volume Oscillator v1 [NeoButane]These are volume based indicators put onto an oscillator by using SMA for most of them. Most volume based indicators are leading indicators so you may find a use for each of them. The WMA is a length of 21, as suggested by the original inventor of OBV. It is useful for crosses and determining future moves.
What's currently included:
OBV Oscillator, remade. The formula has been changed to smooth out the way OBV is calculated during a trending move
OBV Oscillator, original OBV formula.
Price Volume Trend Oscillator. Similar to OBV, except price is taken into account as well.
Price Volume Trend Oscillator, log.
Accumulation/Distribution. (close - low) - (high - close) / (high - low), then multiplied by volume
Chaikin Money Flow. Very similar to accum/dist except it was already made into an oscillator.
OBV just by itself
Experimental function that utilizes a part of CCI
On Beaver Volume SentimentGeneral Market sentiment decoded from two Lazybear OBV's and a CCI.
Lots of strategies with this.
Main point is this indicator tries to be extra sensitive to relative volume changes but keep grounded in sentiment with the cci.
Let me know if you use this!
-Beaverman
Accumulation/Distribution Volume (ADV) [cI8DH]This is the simplified and optimized version of my original ADV indicator. It shows both regular volume bars and the accumulated/distributed (A/D) portion of them. The equation is elegant and intuitive. It calculates candle body to candle height ratio and multiplies it by volume: volume*(close-open)/(high-low). This is the building block of my three other indicators, ADL, ADP and ADMF.
- The volume bars has two shades of green and red. The dark shade shows amount of A/D and the light shade shows total volume (what you see on a regular volume indicator).
When money volume is enabled, volume is multiplied by price. As you can see in the chart below, trade volume in terms of USD was growing over the past years.
- Blue line is the moving average of A/D and the orange line is for total volume. When "Baseline Chart" option is enabled, this moving average is identical to ADMF indicator which can be a powerful indicator for assessing buy/sell pressure as well as money flow and volume divergences. You can turn off volume bars (from style menu) for better visibility or you can use the below indicators.
Please note that ADMF is now available as a part of ADP indicator as well and I recommend using the latter since ADP can also replace CMF and MFI indicators.
- If you change the aggregation to cumulative (while having money volume disabled), the gray line becomes identical to On Balance Volume (OBV) and the blue line identical to my ADL indicator. The latter I would argue is more accurate than Chaikin's ADL, William's A/D and OBV.
Accumulation/Distribution Level (ADL) [Cyrus c|:D]This indicator shows Accumulation/Distribution level which can be used for confirming trends or reversals (via divergence). It is an alternative to Chaikin's Accumulation/Distribution Line (ADL) and On Balance Volume (OBV) indicators. It can also replicate PVT and OBV via options in the input menu.
Here is a comparison of four related indicators:
OBV is too simple and has serious flaws as explained in PVT's wiki.
Chaikin's ADL is a broken indicator as can be seen in the chart below:
A/D Level addresses the flaws in these two indicators. It simply sums up portions of the volume that contributes to price change. These portions are visualized in dark green and red on "Accumulation/Distribution Volume (ADV)" indicator. This can also be achieved by ADV indicator if you are nerd enough.
PS: There is Williams A/D as well which is also a broken indicator.
Accumulation/Distribution VolumeThis is a simple yet powerful indicator that can replace volume, Money Flow, Chaikin Money Flow, Price Volume Trend (PVT), Accumulation/Distribution Line (ADL), On Balance Volume (OBV).
When "Baseline Chart" option is disabled, it looks similar to regular volume. The volume bars has two shades of green and red. The dark shade shows amount of accumulation and the light shade shows total volume (what you see on a regular volume indicator). Blue line is the moving average (or cumulative total) of A/D and the gray line is for total volume.
When money volume is enabled, volume it multiplied by price. As you can see in the chart below, trade volume in terms of USD was declining after ATH. This is not the case in regular volume chart which shows instrument volume (chart above).
In Baseline view, the aggregation method you choose can turn it into different indicators. With EMA/SMA aggregation, blue and gray line shows buy/sell pressure. At 0, there is not buy or sell pressure.
If you turn off volume bars (from style menu), it gives you a reliable indicator to measure divergence. This should be more reliable than most other range-bound indicators (i.e. RSI, MFI, CMF). I will publish a TA about correctly measuring divergence (it's a must read even if you are a pro trader). Make sure that the length is set to a large number on smaller TFs such as 4h.
For following results, set aggregation to cumulative and turn off money volume:
When wick weight=0, the GRAY line is identical to OBV indicator.
When normalized by spread and wick weight=10, the BLUE line is identical to ADL (improved by true range).
When normalized by previous bar price, wick weight=0, the BLUE line is identical to PVT.
How I use this indicator:
- Baseline chart, replaced my regular volume indicator
- Mostly 4h TF for divergence
- EMA aggregation (and occasional cumulative aggregation) with length above 50. I change the length to 100 and 200 for confirmation.
- Wick weight=0 or max 2.
With this indicator, you can learn how different indicators are built and how they are different from each other. I will publish a TA to explain more about different indicators and their pros and cons.
I will publish this indicator without volume bars and additional options to make it range bound.
CCI OBV 4Kmod of lazy bear's OBV coded CCI , which indicates CCI state by changing the color of the OBV. now it shows you when CCI is overbought or oversold, not just one or the other
when CCI > 100, that's an oversold signal and OBV line turns green
when CCO -0.54% < -100, that's an undersold signal and OBV line turns red
CCI threshold can be changed (ex. 200 and -200)
EMA is overlaid, too, in orange, and that period can be changed
OBV.v - Simple On Balance Volume indicatorA simple OBV indicator using your choice of wma or ema. The length of the MA can be adjusted, as well as the colors used.
OBV changes to green when above the moving average and changes to red when below the moving average. The OBV crosses are to be used as your buy and sell signals.
On Balance Volume locked 5min (CVI)OBV shows the cumulation of the volume bars. All the volume in a green bar gets added to the obv and all the volume in a red bar gets subtracted. At a higher timeframe this can be misleading, because it filters out a lot of volume. This indicator locks the obv at 5 minutes, giving more information about the total amount of added and subtracted volume.
