alpha24 wrote: Mon Oct 03, 2022 4:11 am Dear Mrtools Sir,

please make this volume or any volume indicator for "any symbol" usable indicator.

download/file.php?id=3439534

Volume On-Chart indicator

Added multi symbol capability.

Hi Mr.Tools,
Can you please implement the band for TSV indicator as shown in the attachment?

Here the logic:
I would like to have the option to select the moving average and period for the band.

I have tried to implement but I couldn't do it. If you could help, it will be really great. Thanks.

kvak wrote: Tue May 24, 2022 7:51 am Buffer 8,9- - - UP,DOWN arrows...

This is a very promising volume indicator.
Please add a button and with auto adjust histo bars.
Thanks in advance

Skyold wrote: Sun Oct 16, 2022 10:33 pm This is a very promising volume indicator.
Please add a button and with auto adjust histo bars.
Thanks in advance

Button added ...

Vinodh wrote: Thu Oct 13, 2022 4:50 pm Hi Mr.Tools,
Can you please implement the band for TSV indicator as shown in the attachment?

Here the logic:

Code: Select all

//@version=4
// 
// Time Segmented Volume Bands by @samgozman (https://github.com/samgozman)
// 
// How to use this script: https://github.com/samgozman/time-segmented-volume-bands-tradingview
// 
// ++++++++++ Warning: The script is provided for educational purposes only. ++++++++++ //
study("Time Segmented Volume Bands", shorttitle="TSV Bands")

// ++++++++++ INPUTS ++++++++++ //
tsv_length = input(13, title="TSV length", minval=1, group="Classic TSV settings")
ma_fast_length = input(7, title="MA length", minval=1, group="Classic TSV settings")
tsv_bands_length = input(44, title="TSV Bands length", minval=1, group="Bands")
tsv_bands_excess_high= input(180, title="TSV exceeds higher band, %", minval=0, group="Bands")
tsv_bands_excess_low = input(100, title="TSV exceeds lower band, %", minval=0, group="Bands")
tsv_loopback = input(60, title="TSV loopback period", minval=1, group="Table")
table_size = input(title="Table size", defval="normal", options=["none","tiny", "normal"], group="Table")

// ++++++++++ SETTINGS - Color ++++++++++ //
green = color.new(color.green, 30)
red = color.new(color.red, 30)
green_soft = color.new(color.green, 90)
red_soft = color.new(color.red, 90)

// ++++++++++ LOGIC - Helper functions ++++++++++ //
// Return stringified volume 
volstring(value) => value > 0 ? tostring(value, format.volume) : "-" + tostring(-1*value, format.volume)
// Return color based on difference
colorify(a, b) => a > b ? color.green : a < b ? color.red : color.yellow
// Create % string (50%)
percentstring(p) => " (" + tostring(p, format.percent) + ")"
// Bullish / bearish text
bullbear_text(value) => value > 0 ? "Bullish" : value < 0 ? "Bearish" : "Neutral"// Bullish / bearish color
bullbear_color(value) => value > 0 ? color.green : value < 0 ? color.red : color.yellow

// ++++++++++ LOGIC - TSV ++++++++++ //
tsv = sum(close > close[1] or close < close[1] ? volume * (close - close[1]) : 0, tsv_length)
ma = sma(tsv, ma_fast_length)

// ++++++++++ LOGIC - Inflow / outflow for table ++++++++++ //
inflow = sum(tsv > 0 ? tsv : 0, tsv_loopback)
outflow = sum(tsv < 0 ? tsv : 0, tsv_loopback) * -1
difference = inflow - outflow
total = inflow + outflow
inflow_p = inflow / total * 100
outflow_p = outflow / total * 100

// ++++++++++ LOGIC - AVG bands ++++++++++ //
avg_inflow = sma(tsv > 0 ? tsv : na, tsv_bands_length)
avg_outflow = sma(tsv < 0 ? tsv : na, tsv_bands_length)

// ++++++++++ PLOT - Main lines ++++++++++ //
plot(tsv, color=tsv > 0 ? green : red, style=plot.style_histogram, title="TSV", linewidth=2)
plot(ma, color=color.yellow, title="MA", linewidth=2)

// ++++++++++ PLOT - AVG bands ++++++++++ //
plot(avg_inflow, color=color.blue, title="avg_inflow", linewidth=1)
plot(avg_outflow, color=color.blue, title="avg_outflow", linewidth=1)

// ++++++++++ PLOT - H-Line ++++++++++ //
hline(0, title='Zero line', color=color.white, linestyle=hline.style_dotted, linewidth=1)
// ++++++++++ PLOT - Marks ++++++++++ //
plotshape(tsv > (avg_inflow * (tsv_bands_excess_high / 100 + 1)), title="Sell", color = color.red, style=shape.xcross, location=location.top, size=size.tiny)
plotshape(tsv < (avg_outflow * (tsv_bands_excess_low / 100 + 1)), title="Buy", color = color.green, style=shape.xcross, location=location.bottom, size=size.tiny)

// ++++++++++ PLOT - Background signal ++++++++++ //
bgcolor(crossover(tsv, 0) ? green_soft : na)
bgcolor(crossunder(tsv, 0) ? red_soft : na)

// ++++++++++ PLOT - Table  ++++++++++ //
size = table_size == "normal" ? size.small : table_size == "tiny" ? size.tiny : size.auto
var tbl = table.new(position.top_right, 2, 6)
if(table_size != "none")
    table.cell(tbl, 0, 0, "Inflow for " + tostring(tsv_loopback) + " periods",  bgcolor = #bbbbbb, text_size = size)
    table.cell(tbl, 1, 0, "Outflow for " + tostring(tsv_loopback) + " periods", bgcolor = #bbbbbb, text_size = size)
    table.cell(tbl, 0, 1, volstring(inflow) + percentstring(inflow_p),  bgcolor = color.white, text_size = size)
    table.cell(tbl, 1, 1, volstring(outflow) + percentstring(outflow_p), bgcolor = color.white, text_size = size)
    table.cell(tbl, 0, 2,  tostring(tsv_loopback) + " period vol difference:",  bgcolor = #bbbbbb, text_size = size)
    table.cell(tbl, 1, 2, volstring(difference), bgcolor = colorify(inflow, outflow), text_size = size)
    table.cell(tbl, 0, 3, tostring(tsv_loopback) + " period vol sentiment:",  bgcolor = #bbbbbb, text_size = size)
    table.cell(tbl, 1, 3, bullbear_text(difference),  bgcolor = bullbear_color(difference), text_size = size)
    table.cell(tbl, 0, 4, "Last volume sentiment:",  bgcolor = #bbbbbb,  text_size = size)
    table.cell(tbl, 1, 4, bullbear_text(tsv),  bgcolor = bullbear_color(tsv), text_size = size)
    table.cell(tbl, 0, 5, "Last MA sentiment:",  bgcolor = #bbbbbb,  text_size = size)
    table.cell(tbl, 1, 5, bullbear_text(ma),  bgcolor = bullbear_color(ma), text_size = size)

I would like to have the option to select the moving average and period for the band.

I have tried to implement but I couldn't do it. If you could help, it will be really great. Thanks.

Hi Mr.Tools,
Have you had the chance to review my request to implement the band? This indicator with the band will be very helpful to identify potential breakout, reversal and ranging market. At the moment, there is no mt4 TSV indicator with the band.

Vinodh wrote: Mon Oct 17, 2022 11:01 am Hi Mr.Tools,
Have you had the chance to review my request to implement the band? This indicator with the band will be very helpful to identify potential breakout, reversal and ranging market. At the moment, there is no mt4 TSV indicator with the band.

Saw it, haven't been able to figure out how to do it.

mrtools wrote: Mon Oct 17, 2022 11:43 am Saw it, haven't been able to figure out how to do it.

Hi Mr.tools,
Thanks for the prompt response. Can you please explain what this logic does?
avg_inflow = sma(tsv > 0 ? tsv : na, tsv_bands_length)

I implemented as per the tradingview, but I am getting only one line but not the band. Even the line also doesn't look right. What I have noticed in the tradingview was that, when tsv > 0, the current lower band has the same value as the previous value. It is vice versa when tsv < 0. I showed in the pic below with black circle. I am not sure whether my observation provide you any clue to implement the band.

Hi Mr.Tools,
When I was navigating the volume indicators here, I came across force index indicator that has the volatility band. I attached the file here. Is that possible to use that volatility band logic to the TSV indicator instead? Please let me know. Thanks.

Vinodh wrote: Thu Oct 20, 2022 11:59 am Hi Mr.Tools,
When I was navigating the volume indicators here, I came across force index indicator that has the volatility band. I attached the file here. Is that possible to use that volatility band logic to the TSV indicator instead? Please let me know. Thanks.

Got this that doesn't look right to me.

mrtools wrote: Thu Oct 20, 2022 12:58 pm Got this that doesn't look right to me.

Hi Mr.Tools,
Thanks for implementing that quickly. You are right. That doesn't look right. That's fine. Force index and TSV logic seems somewhat similar. So, I thought the volatility band logic might work. Appreciate for the prompt response.