All indicators

Periodic Activity Tracker

By LuxAlgoMar 28, 2024

Static chart image

Periodic Activity Tracker accumulates buy and sell volume separately inside each period you anchor it to — hourly, daily, weekly, or monthly — and draws the result as gradient-colored lines, per-period volume bars, and a running delta. Four consecutive periods sit side by side with delimiters and tags, turning intraday activity patterns and calendar rhythm into a direct read of which side is pressing.

How to Trade the Periodic Activity Tracker?

  • Green line climbing fastest: aggressive buyers dominate the period's tape.
  • Red line climbing fastest: sellers are the ones attacking.
  • Positive, expanding delta: buyer strength with follow-through — the pattern that accompanies sustained pushes higher.
  • Matched volumes, flat delta: neither side in control — typical of ranging or contested periods.

Reading periods in sequence shows the balance evolving: matched months followed by a surge in buy volume and a widening delta is the tracker's classic pressure-building sequence. Weekly and daily anchors likewise expose day-of-week effects in participation.

Periodic Activity Tracker Settings

  • Anchor Period: the aggregation window — Hourly, Daily, Weekly, or Monthly.
  • Bar Width: sizing of the per-period volume bars, with a warning at the maximum.
  • Delta Display: enables or disables the delta area.
  • Volume colors for each side are selectable.

Frequently Asked Questions

Which chart timeframe should I pair with each anchor?

Keep the chart timeframe below the anchor period: five-minute or lower for Hourly, one-hour or lower for Daily, four-hour or lower for Weekly, and daily or lower for Monthly. The indicator raises a conflict warning when the combination doesn't work.

How does it relate to Peak Trading Activity Graphs?

Peak Trading Activity Graphs tells you when a market is usually busy, from historical medians. The tracker tells you who is busy right now, metering buy against sell volume as the current periods print.

How do I start using the Periodic Activity Tracker?

It's a free member of the LuxAlgo Library. This page also lets you send it straight into LuxAlgo's AI for a hands-on look at recent periods.

Free indicator

Get free access to this indicator on the platforms below.

TradingView
NinjaTrader
MetaTrader 4/5
Original indicatorBuilt in-house by LuxAlgo

The Library is free. Quant makes it yours.

Pull any concept or indicator into Quant: rebuild it, retune it, or turn it into a backtested strategy of your own.