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Price-Volume Trend Indicator: Complete TradingView Pine Script Guide

· 15 min read

Ever wondered why some price moves stick around while others disappear faster than your morning coffee? The secret lies in volume - the real engine behind every price movement. That's where the Price-Volume Trend (PVT) indicator becomes your trading compass.

The Price-Volume Trend indicator is like having X-ray vision for market movements. It combines price and volume data to show you whether the buying and selling pressure behind a move is genuine or just market noise. Unlike basic volume indicators that only tell you how much trading happened, the PVT reveals whether that volume is actually supporting the trend or fighting against it.

Here's the magic: when prices close higher than yesterday, the PVT adds that day's volume to a running total. When prices close lower, it subtracts the volume. This creates a cumulative line that tracks the real buying and selling pressure over time. When both price and PVT are climbing together, you're seeing authentic buying interest. But when they start moving in opposite directions? That's your early warning system for potential trend changes.

Think of it as a truth detector for price movements - separating real market conviction from temporary excitement.

TradingView Stock Screener Pine Script: Ultimate Guide to Custom Market Scanning

· 15 min read

TradingView's stock screener, supercharged by Pine Script, lets you build your own custom market scanning tools. Think of it as moving past simple filters like price or volume, and into creating a programmable tool that hunts for the exact trading setups you're looking for. You can scan stocks, crypto, and forex using TradingView's own straightforward scripting language to spot opportunities others might miss.

TradingView Stock Screener Pine Script: Ultimate Guide to Custom Market Scanning

Understanding the Bull Bear Power Indicator in TradingView

· 7 min read

Ever felt like you needed a crystal ball to figure out who's really in control of the market? Well, the Bull Bear Power indicator might be the next best thing. Created by Dr. Alexander Elder, this tool gives you a front-row seat to the ultimate market showdown between buyers and sellers.

Think of it as your market referee, calling out exactly who's winning the tug-of-war. It measures how far prices stretch above or below a moving average - kind of like how Bollinger Bands work, but with its own unique approach to reading market pressure.

Here's what you get with this indicator:

  • Bull Power: Shows how hard buyers are pushing prices above the average
  • Bear Power: Reveals how much sellers are dragging prices below the average

When these two forces move in harmony, you get some pretty reliable clues about whether a trend has real staying power or if it's about to fizzle out.

Pine Script Wizard vs Pineify: Which Tool Actually Works Best for TradingView Traders in 2025?

· 6 min read

Ever felt like you're staring at a blank Pine Script editor, knowing exactly what trading strategy you want but having zero clue how to code it? Trust me, you're not alone. I've been there, frantically googling "how to make Pine Script do what I want" at 2 AM.

Two tools keep popping up in every trader's search: Pine Script Wizard and Pineify. Both promise to turn your trading ideas into working code, but after spending weeks testing both platforms, I've got some thoughts on which one actually delivers.

Tirone Levels: How to Find Perfect Support and Resistance Zones in TradingView

· 3 min read

Tirone Levels are like having a roadmap for price movements. They draw horizontal lines on your chart showing where the price might stop or turn around. It's based on simple math using the highest and lowest prices over a certain time.

These levels can help you see where buyers and sellers might show up next. The indicator draws several lines that act like potential floors and ceilings for the price.

PineScript Pro vs Pineify: Which Tool Actually Gets the Job Done?

· 7 min read

Ever stared at TradingView thinking "I wish I could build my own indicator" but got overwhelmed by all the coding? Yeah, me too. That's exactly where I was when I started comparing PineScript Pro and Pineify.

After spending months testing both tools (and probably way too much money), I figured I'd share what I learned. Because honestly, choosing between these two isn't just about features - it's about whether you want to become a programmer or just get stuff done.