Volume Flow v3

EMA

DEMA

Common strategy

Created: 2022-05-23 14:40:50

Last modified: 4 years ago

Copy: 4

ChaoZhang

1797

Followers

DepthHouse Volume Flow indicator is used to help determine trend direction strictly based on Negative and Positive volume data.

How to Read:

Moving Average crossovers are used to help determine a possible trend change or retracement.
The area cloud on the bottom is calculated by the difference of the moving averages. This could be used to help determine the trending volume strength.
Bright colored volume bars are large volume spikes calculated by the x factor in the options.

Other changes:

DepthHouse is going open source with numerous of its indicators. This is only one of many!
Volume is now displayed without being altered for calculations.

backtest

Source

Pine

/*backtest
start: 2022-04-22 00:00:00
end: 2022-05-21 23:59:00
period: 45m
basePeriod: 5m
exchanges: [{"eid":"Futures_Binance","currency":"BTC_USDT"}]
*/

//@version=4
//DepthHouse Trading Indicators
// by oh92
study("Volume Flow v3", shorttitle="Volume Flow [DepthHouse]")

Strategy parameters