OPEN-SOURCE SCRIPT
已更新 Earthquake Effect by DGT
Institutional investors have a profound impact on financial instruments prices because of the large volume, and their trading activities can greatly impact the price of financial instruments. They sometimes may split trades over time in order to not make a material impact and of course not to decrease liquidity to the point where there may be no one to take the other side of the trade.
Institutional investors (Smart Money) may create an Elephant Effect on the prices of financial instruments, and this study aims to display by emphasizing high volume changes
In the memory of the North Anatolian Earthquake that struck on August 17, 1999, that we remember with pain today, and similarities of plotting outcomes to seismograph plotting I preferred to name this study as Earthquake Effect (SEISMOGRAPH)
Disclaimer:
Trading success is all about following your trading strategy and the indicators should fit within your trading strategy, and not to be traded upon solely
The script is for informational and educational purposes only. Use of the script does not constitute professional and/or financial advice. You alone have the sole responsibility of evaluating the script output and risks associated with the use of the script. In exchange for using the script, you agree not to hold dgtrd TradingView user liable for any possible claim for damages arising from any decision you make based on use of the script
Institutional investors (Smart Money) may create an Elephant Effect on the prices of financial instruments, and this study aims to display by emphasizing high volume changes
In the memory of the North Anatolian Earthquake that struck on August 17, 1999, that we remember with pain today, and similarities of plotting outcomes to seismograph plotting I preferred to name this study as Earthquake Effect (SEISMOGRAPH)
Disclaimer:
Trading success is all about following your trading strategy and the indicators should fit within your trading strategy, and not to be traded upon solely
The script is for informational and educational purposes only. Use of the script does not constitute professional and/or financial advice. You alone have the sole responsibility of evaluating the script output and risks associated with the use of the script. In exchange for using the script, you agree not to hold dgtrd TradingView user liable for any possible claim for damages arising from any decision you make based on use of the script
版本注释
forget to mention the background cloud reflects 17-period moving average of volume
版本注释
⯌ Earthquake Effect v6 UpdateThis release brings a complete modernization of the Earthquake Effect indicator to Pine Script v6, ensuring full compatibility with the latest TradingView engine and improved visualization of market shocks.
Key features include:
Directional Shock Visualization
Volume-weighted directional shocks now plot clearly above equilibrium, highlighting sudden market movements.
Enhanced Participation Zones
Upper and lower EMA-based participation bounds with subtle gradient fills provide an intuitive reference for normal market activity.
Spike Detection and Shock Candles Overlay
Long and short volume spikes are automatically identified using a 1.618 multiplier for sharper recognition of extreme market moves.
Significant shocks are displayed as overlay candles with color-coded wicks and borders for immediate visual impact.
Improved Tooltip & Branding
The new bottom-right logo table includes tooltip details, keeping attribution clear while unobtrusive.
This update refines the mental model of market shocks, makes extreme activity easier to spot, and fully leverages Pine v6 capabilities while keeping the spirit of the original study intact.
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SoleMare Analytics | MarketMastery™ Tools | Exclusively on TradingView
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这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。