MoveProof Volume Filter v3.0

MoveProof v3.0 is working around MA Trend Pullback System more fluidly. It tries to separate healthy pullbacks from dangerous pullbacks and give useful volume information without too much clutter.

Versionshinweise

Volume Bars
Raw volume for each candle. Taller bars mean more participation.

White Line
Adaptive volume average. Helps avoid open-volume spikes distorting the whole session.

Yellow Line
Strong-volume threshold. Bars above this line are meaningfully above average.

Bright Green Bar
Bullish impulse / MoveProof confirmation. Upside move has strong volume and strong close.

Bright Red Bar
Bearish impulse / MoveProof confirmation. Downside move has strong volume and strong close.

Orange Bar
Warning condition. Possible fakeout or danger pullback.

Blue Bar
MA pullback context. Usually means healthy pullback or reclaim support.

Muted Green Bar
Bullish candle with normal participation.

Muted Red Bar
Bearish candle with normal participation.

Gray Bar
Quiet/weak volume. Not always bad during a pullback, but suspicious during breakouts.

Dashboard

MoveProof
Main readout.

BULL PROOF = upside breakout confirmed by strong volume.
BEAR PROOF = downside breakdown confirmed by strong volume.
RECLAIM = price tested the MA zone and reclaimed with acceptable volume.
HEALTHY PB = pullback volume is cooling in a constructive way.
DANGER PB = opposing volume is expanding into the pullback zone.
FAKEOUT RISK = price poked/broke structure without enough confirmation.
WAIT = no useful volume signal yet.

Context
More detailed volume context.

Bull Impulse / Bear Impulse = strong directional push.
Healthy Pullback = pullback volume is calm/controlled.
Danger Pullback = pullback has aggressive opposing pressure.
Reclaim Support = price reclaimed the MA zone with decent participation.
Quiet / Weak = low participation.
Normal = no special volume event.

RVOL
Relative volume. 1.20x means volume is 20% above the adaptive average.

Volume
Current volume strength: Strong, Normal, or Weak.

Structure
Shows if price is breaking/poking recent highs or lows.

Close
Shows candle close quality: Strong Bull, Strong Bear, or Weak/Mixed.

MA Mode
Shows whether volume context is being read inside bullish, bearish, or mixed MA conditions.

Use it to answer:

Is this move supported?
Is this pullback healthy?
Is this breakout suspicious?
Is there danger against my trade?

Made to pair with 'MA Trend Pullback System v1.2'

Open-source Skript

Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.

craftyshafter

Haftungsausschluss

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Open-source Skript

craftyshafter