Short Volume Stamper

How it works

The signal calculates total short volume and total volume ratio since the 2-year high price. It tracks the dollar value of short and non-short sell volume using VWAP. The script identifies new 1-year highs in short volume and pivot point highs.

It aggregates volume data for specific periods before and after these key points, creating visual indicators with color-coded lines and labels to represent short volume ratios

Why it may be useful

This signal provides traders with a comprehensive view of market sentiment by tracking short selling activity. It helps identify potential trend reversals and market dynamics through detailed volume analysis.

The color-coded visualization makes it easy to quickly understand the short volume ratio. By monitoring short volume trends, traders can gain insights into potential market pressures and institutional trading behavior

When to explore it

The signal is most effective during periods of significant market volatility or potential trend changes. It works best for traders looking to understand underlying market sentiment beyond price action.

Ideal for swing traders analyzing medium-term market movements. Particularly useful when seeking to identify potential trend reversals or unusual trading activity. Works well with stocks, indices, and other liquid financial instruments

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