OPEN-SOURCE SCRIPT
Updated TCG Price Shear Plus

The Chart Guys Price Shear and Abnormal Volume Alerts all rolled into 1 FREE indicator
Based on TCG Price Shear V2 by urisma and Volume Spikes by OstapChester
This powerful script combines Abnormal Volume Alerts with Price Shear which can be based on either ATR or % deviation from an ema, which intern can also be filtered by Abnormal Volume for less false signals.
Look out for my next indicator which will be called TCG Price Shear Plus Scanner which will scan and alert you for several different assets at once!
Enjoy
Based on TCG Price Shear V2 by urisma and Volume Spikes by OstapChester
This powerful script combines Abnormal Volume Alerts with Price Shear which can be based on either ATR or % deviation from an ema, which intern can also be filtered by Abnormal Volume for less false signals.
Look out for my next indicator which will be called TCG Price Shear Plus Scanner which will scan and alert you for several different assets at once!
Enjoy
Release Notes
Added Alert for Abnormal Volume Alert Minus Price ShearRemember to set Alerts for Once Per Bar and to state the Asset Name in the Alert MSG
Release Notes
Now Includes RSI Overbought / Oversold Volume Climax with AlertsRelease Notes
......Release Notes
Cleaned up Menus for user friendliness Changed format for how alerts are displayed
Added Alerts For Exhaustion
Release Notes
Much needed update Added option to remove text from labels to reduce cluttering
Release Notes
Adjusted colors Release Notes
Colors Release Notes
More Color AdjustementRelease Notes
Major UpdateAdded ;
Engulfing Bars by rmunoz
Staggered levels for RSI OB/OS Volume Climax
Ability to adjust brightness
Major Code, Menu and Visual Adjustments - This has been a long time in the making
Release Notes
Major UpdateCleaned up the layout of the Settings Menu
Fixed a fault that was introduced by a recent TV Update
And as a special Bonus added Original Scripts by shtcoinr - Volume Based S/R & RSI Based Automatic Supply and Demand
Release Notes
Enhanced menu for 3 Line Strikes and Engulfing BarsOpen-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.
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.
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.