Volume Stops

v10.3
Volume Stops

Adaptation for the indicator platform Prorealtime v10.3 created by Gqman for the Tradingview platform.

Volume Stops is based on the increase or decrease of volume in relation to the opening and closing of the last 3 bars or candles.

Blue candles are bullish signs.

Black candles are bearish signs.

The Stop Loss is placed in the opening of the candle and is not made effective until a closing takes place piercing that level.

The openings are used as supports / resistances.

 

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Risk disclosure:

No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.

ProRealTime ITF files and other attachments : How to import ITF files into ProRealTime platform?

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  1. sixtofer • 04/12/2017 #

    Inconmensurable, formidable, extraordinario, inmejorable, sublime, inalcanzable, superior, inimitable….sin ti la bolsa no sería igual.

    Continua con tu creatividad infinita, todos estamos expectantes. Mil gracias por tu dedicación.

  2. Tonicejudo • 04/12/2017 #

    Hola, bolsatrilera, me parece muy bueno el indicador.Se podria hacer un escreener con este indicador buscando las velas azules, gracias.

  3. Lavallette • 04/12/2017 #

    Hello,
    I believe there is an error in your code line 11.

    short2=volume[2]>volume[2] and volume[1]>volume[0] and greenbar[2] and greenbar[1] and redbar[0]

    Instead of 2 it should be 1

    short2=volume[2]>volume[1] and volume[1]>volume[0] and greenbar[2] and greenbar[1] and redbar[0]

  4. Aragorna • 04/12/2017 #

    Hello, ask for a help, please. why the indicator in my PRT is in a different area and not integrated in the chart, like in the picture? I don’t understand what I’m missing

    • Nicolas • 04/12/2017 #

      Add it on the price chart: https://www.prorealcode.com/blog/video-tutorials/how-to-add-an-indicator-on-price-prorealtime/

  5. Infanta • 04/12/2017 #

    Congratulations. Of all the indicators that I have been able to examine, in my opinion and for my operation, it seems to me to be the best. I saw it once for a very profitable trader who relied on institutional hand volume entry candles for these small corrections he makes in a trend. Very thankful

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