1 Answer. Sorted by: 0. The pine script v5 should have ta.volume function to give you the volume data. Also, there is a really good youtube channel "Daily Crypto Analysis". The guy has several insightful videos on this particular topic (volume*price). Share. answered Feb. The indicator's full code is: //@version=5 indicator(title="Volume Average", format=format.volume) // Plot the bar's volume as a histogram plot(volume, color=color.teal, style=plot.style_columns, title="Volume") // Show the 10-bar average volume as a line plot(ta.sma(volume, 10), color=color.orange, title="Volume SMA"). #bitcoin #crypto #cryptocurrencies #tradingviewDiscord: https://discord.gg/rapMn4zTwitter: https://twitter.com/BigBitsIOFacebook: https://www.facebook.com/Bi. . This script will plot the result of Volume / Close. This is meant to normalize the volume of tickers with exponential growth, for example a ticker like $BTC that went from $1 to $50k. Having the volume divided by the close will normalize the volume for when the price was $1 and $50k. 15 0 Volume Flow Indicator [LazyBear]. We will start by looking at how pine script works and a simple example. From there we will move on to inputs and indicators before creating a complete trading strategy using pine script. Finally we will look at how to backtest, execute and publish pine script indicators and strategies. Developing Pine Script Trading Strategies [Video]. YouTube Video Transcript. [Music] hey this is David for big bits and in this video we’re gonna continue our training view pine script development and we are going to take a look at a couple of different things that we haven’t before and we’re gonna look at an indicator that I’ve published and it isn’t part of the series that we’ve. The NDO is a volume -based indicator that indicates how many standard deviations the volume is away from the mean volume . In other words, this script is useful for detecting when the volume is abnormally large, spotting pumps and dumps, and movement of whales. Hello, my friends, this is a new fine-grained volume profile indicator . As is known to all, the volume profile indicator is a charting tool that shows how much volume has occurred at each price throughout the trading session. ... This is a Volume Profile based on pine script arrays. The main idea behind this script is from the user. . Multiple Indicators in One is an excellent way to bypass the limit on free accounts to only show up to 3 indicators at once. With Pine Script it is very easy for even beginners to create their own indicators that have many other indicators within them. ... In numerous circumstances we can, but ONLY if the volume boosts. Once again another. #Programmatically placing a TradingView indicator on the price chart. In TradingView we set a script’s characteristics, like its name and how it should display on the chart, with the study() function (Pine Script Language Tutorial, n.d.).This function is the only function that always needs to be included in an indicator’s source code, and its title argument (which. Pine Script Volume Indicator. Click "Add to Chart" in the Editor's menu bar. The MACD indicator appears in a separate Pane under your chart. Your first Pine script is running on your chart, which should look like this: Let's look at our script's code, line by line: Line 1: //@version=5. This is a comment containing a compiler directive that. The script shows indicator values for each symbol and changes background color of each cell by using current and last values of the indicators for each symbol.... 4037. 84. Indicators: Better Volume Indicator & InstrumentVolume. LazyBear Wizard. Better Volume Indicator ----- This is a direct port of a famous indicator from Tradestation platform. Step 2 - Look up the basic RSI pine script . Make a chart of any market you're interested in, let's say BTCUSD at Kraken. Click the little "Fx" icon in the top left navigation and lookup RSI from the search dialog. Clock on the top result (the basic built-in indicator ) to load it into your chart. It shows following indicators based on price range and volume data Bearish Indicators 1. Buying climax 2. End of Rising Market 3. Upthrust 4. Smart selling 5. No Demand 6. VDD Bullish Indicators 1. Selling Climax 2. End of falling 3. Stop Volume 4. Reverse Upthrust 5. Shakeout 6. VDU 6. No supply. Pine Script Volume Indicator. Click "Add to Chart" in the Editor's menu bar. The MACD indicator appears in a separate Pane under your chart. Your first Pine script is running on your chart, which should look like this: Let's look at our script's code, line by line: Line 1: //@version=5. This is a comment containing a compiler directive that.