OPEN-SOURCE SCRIPT
High Volume Daily Warning Signal- Jesse Livermore
// values are in %, so on right Y axis a value of 50 means 50% above the average volume of set length (default of 20)
These important confirming volume spurts often end the day with a 50 percent to 500 percent increase in the average daily volume of the stock. - Jesse Livermore
when daily volume increases by 50% of it average daily volume, it is a warning sign in the possible change of trend or pivotal point
you can select horizontal levels of interest
These important confirming volume spurts often end the day with a 50 percent to 500 percent increase in the average daily volume of the stock. - Jesse Livermore
when daily volume increases by 50% of it average daily volume, it is a warning sign in the possible change of trend or pivotal point
you can select horizontal levels of interest
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Read my blog and detailed trading strategies at substack.com/@dmt62dmt
Watch my Youtube channel at youtube.com/@DMT62DMT
Follow me on twitter at x.com/DMT62DMT
Watch my Youtube channel at youtube.com/@DMT62DMT
Follow me on twitter at x.com/DMT62DMT
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Read my blog and detailed trading strategies at substack.com/@dmt62dmt
Watch my Youtube channel at youtube.com/@DMT62DMT
Follow me on twitter at x.com/DMT62DMT
Watch my Youtube channel at youtube.com/@DMT62DMT
Follow me on twitter at x.com/DMT62DMT
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.