Volume Force Pro Dashboard

1/ What is Volume Force Pro Dashboard?

Volume Force Pro dashboard enables traders to monitor and analyze volume-based signals across multiple currency pairs and timeframes simultaneously, enhancing their ability to identify potential market reversals and trend changes.

Key Features:

Volume and Price Analysis: The dashboard combines volume data with price action to detect hidden volume surges, which can indicate potential buying or selling pressure.
Trend Identification: By analyzing the interaction between volume and price movements, the dashboard helps identify prevailing market trends and potential reversal points.
Customizable Settings: Traders can adjust the dashboard's settings to align with their trading strategies, including parameters like the number of candles for calculating EMAs and coefficients for stop-loss and take-profit levels.
Visual Cues: The dashboard provides visual indicators, such as color-coded bars and arrows, to signify bullish or bearish conditions, making it easier to interpret data and make informed decisions.
Alert System: To ensure traders do not miss significant trading opportunities, the dashboard offers customizable alerts through various channels, including pop-ups, emails, and mobile notifications.

2/ Indicator Setting

Please note that there are 2 parts to this product: Volume Force Pro dashboard MTF and Volume Force Pro dashboard MTS. Please add them both from your Invite-only scripts.

2.1 Volume Force Pro dashboard MTS

SYMBOLS:

Symbol 1 to Symbol 10: Allows users to input up to ten different financial instruments or currency pairs, enabling the indicator to scan and display information specific to these symbols for comprehensive market analysis.

VOLUME FORCE PRO

Fast EMA: a type of moving average that gives more weight to recent prices.
Slow EMA: an EMA with a longer lookback period, providing a smoother line that helps identify long-term trends.
Signal EMA: is a moving average of the MACD line, designed to filter out noise and provide clear entry or exit points.

SL & TP:

ATR Period for SL Shift: Sets the period for the Average True Range calculation, providing a dynamic basis for adjusting stop loss levels to reflect current market volatility.
SL Shift Coefficient (from ATR): Determines the multiplier for the ATR to establish stop loss distances, enabling a volatility-adaptive approach to risk management.
TP Coefficient (from SL): Configures the take profit distance as a multiple of the stop loss distance, facilitating a consistent and strategic risk-reward ratio.

STYLING

Display Chart Volume Force Pro: Enables the visualization of identified harmonic patterns directly on the trading chart.
Up arrow string: indicates a buy signal in trading systems.
Down arrow string: indicates a sell signal in trading systems.
Up arrow color: Customizes the color used to highlight bullish pattern areas.
Down arrow color: Customizes the color used to highlight bearish pattern areas.
Up/down arrow size: Adjust the visual size of the arrows.
TP color: choose a color for the Take Profit lines on the chart.
SL color: select a color for the Stop Loss lines.
Dashboard Location: Specifies the placement of the dashboard on the chart, ensuring it does not obstruct crucial price information.
Dashboard Text Size: Adjusts the font size of the text displayed on the dashboard, ensuring readability and comfort for users during their analysis.
Dashboard Cell Inner/Border/Frame/Title Text Color: Customizes the appearance of the dashboard for better visibility and aesthetics.

Dashboard Cell Text Up/Down Color: Differentiates between positive and negative changes or signals on the dashboard with distinct colors.
Max Back Bars: Limits the number of bars back to consider for pattern detection.

ALERT:

Alert for Dashboard Timeframe: Enables alerts for selected timeframes on the dashboard, notifying users of new patterns.
Alert for Chart Timeframe: Activates alerts for harmonic patterns identified on the current chart's timeframe.

2.2 Volume Force Pro dashboard MTF

TIMEFRAME

Timeframe 1 to Timeframe 7: Customize your market analysis by selecting up to seven different timeframes. This feature allows for a broad and versatile approach to monitoring Volume Force patterns across multiple periods, enhancing the depth of your market analysis.

VOLUME FORCE PRO

Fast EMA: a type of moving average that gives more weight to recent prices.
Slow EMA: an EMA with a longer lookback period, providing a smoother line that helps identify long-term trends.
Signal EMA: is a moving average of the MACD line, designed to filter out noise and provide clear entry or exit points.

SL & TP:

ATR Period for SL Shift: Sets the period for the Average True Range calculation, providing a dynamic basis for adjusting stop loss levels to reflect current market volatility.
SL Shift Coefficient (from ATR): Determines the multiplier for the ATR to establish stop loss distances, enabling a volatility-adaptive approach to risk management.
TP Coefficient (from SL): Configures the take profit distance as a multiple of the stop loss distance, facilitating a consistent and strategic risk-reward ratio.

STYLING

Display Chart Volume Force Pro: Enables the visualization of identified harmonic patterns directly on the trading chart.
Up arrow string: indicates a buy signal in trading systems.
Down arrow string: indicates a sell signal in trading systems.
Up arrow color: Customizes the color used to highlight bullish pattern areas.
Down arrow color: Customizes the color used to highlight bearish pattern areas.
Up/down arrow size: Adjust the visual size of the arrows.
TP color: choose a color for the Take Profit lines on the chart.
SL color: select a color for the Stop Loss lines.
Dashboard Location: Specifies the placement of the dashboard on the chart, ensuring it does not obstruct crucial price information.
Dashboard Text Size: Adjusts the font size of the text displayed on the dashboard, ensuring readability and comfort for users during their analysis.
Dashboard Cell Inner/Border/Frame/Title Text Color: Customizes the appearance of the dashboard for better visibility and aesthetics.
Dashboard Cell Text Up/Down Color: Differentiates between positive and negative changes or signals on the dashboard with distinct colors.
Max Back Bars: Limits the number of bars back to consider for pattern detection.

ALERT:

Alert for Dashboard Timeframe: Enables alerts for selected timeframes on the dashboard, notifying users of new patterns.
Alert for Chart Timeframe: Activates alerts for harmonic patterns identified on the current chart's timeframe.

3/ How can I set up alerts?

To stay updated on potential trading opportunities, you can set up alerts within the Volume Force Pro Dashboard.

Step 1: From the indicator settings, customize your alerts by defining your desired parameters. The selected configurations will be used for notifications in Step 2.

Step 2: To receive notifications through the app, pop-ups, alert emails, Webhook URL, sound alerts, or email-to-SMS, enable these features by clicking on TradingView's “Alert” icon.

Step 3: Select Volume Force Pro MTF or MTS from the “Condition” dropdown list:

Step 4: A pop-up will appear as follows. You click on “Notifications”.

Step 5: You choose the types of notifications you'd like to receive and click the “Create” button.