Net Volume Crossovers and a Reported Entry Delay

Summary

This document presents a Pine strategy that assigns each bar’s volume a positive or negative sign according to whether the selected price source rose or fell. It compares that net-volume series with positive and negative three-bar volume averages. Crossovers and crossunders define long and short entries and exits, with a date window limiting when orders are active.

The post is primarily a troubleshooting question: the author reports that entries appear two minutes, or two bars after changing the chart interval, later than expected. It provides the script and describes the intended crossover behavior, but gives no diagnosis, proposed fix, backtest results, or follow-up answer. The moving-average comparisons and time-window filter are visible in the code, yet the document does not establish which causes the delay. Treat it as an example of a reported timing issue rather than a validated trading method.

Key ideas

• The strategy signs volume according to the direction of change in a chosen price source.
• It compares net volume with positive and negative three-bar averages to define entry and exit signals.
• A configurable date window restricts when the strategy can place orders.
• The author reports a delay in crossover entries, but the post supplies no explanation or resolution.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.