DMV Volume Volume Radar SIMPLE

This indicator helps identify early signs of accumulation, breakout, and distribution by analyzing relative volume and price action within defined ranges.

It detects:

🔵 ACCUM: High relative volume with buying pressure near support (early accumulation)

🟢 BRK: High relative volume near range high with bullish price action (potential breakout)

🔴 DIST: High relative volume with selling pressure near range high (distribution / potential reversal)

How it works:

Measures relative volume vs. a moving average

Builds a dynamic price range using recent swing highs/lows

Looks for wick behavior + location in range to validate signals

Color-codes candles and adds labels for quick visualization

Optional alert conditions are baked in for automated notifications

Perfect for:

Pre-breakout positioning

Spotting smart-money accumulation

Identifying distribution zones for exits or reversals

Works best on 15m–4h timeframes for crypto and alts