BTC Combined VolumeI edited an existing script to include Bitmex volume. I'm no expert at this but I hope it works!
Cheers,
G
ابحث في النصوص البرمجية عن "volume"
Candle Color Volumescript baseado na alteração das cores do candle conforme o volume de trocas.
script based on changing the colors of the candle according to the volume.
On Balance Volume [BrightSideTrading]
# On Balance Volume - Complete User Guide
## Overview
This enhanced OBV indicator provides clean, actionable volume analysis with intelligent signal filtering. It combines On-Balance Volume (OBV) with a smoothed signal line to identify shifts in buying and selling pressure without chart clutter.
**Key Features:**
- Real-time OBV and signal line visualization
- Smart crossover detection with confirmation filtering
- Z-Score momentum analysis
- Customizable signal alerts with V-shaped markers
- Window-normalized option for detrended analysis
---
## What is On-Balance Volume (OBV)?
OBV is a volume-based momentum indicator that accumulates volume on up days and subtracts volume on down days. It answers a fundamental question: **Is volume flowing in (buying) or out (selling)?**
**Formula:**
- If Close > Previous Close: OBV = Previous OBV + Volume
- If Close < Previous Close: OBV = Previous OBV - Volume
- If Close = Previous Close: OBV = Previous OBV (unchanged)
**What it tells you:**
- **Rising OBV** = Accumulation (smart money buying)
- **Falling OBV** = Distribution (smart money selling)
- **OBV above zero line** = Net positive buying pressure
- **OBV below zero line** = Net negative selling pressure
---
## Interface & Settings
### **MAIN VISUALIZATION**
**OBV Line (Green/Red Ribbon)**
- Green when OBV is above the signal line (bullish trend)
- Red when OBV is below the signal line (bearish trend)
- Toggles between window-normalized (detrended) and raw values
**Signal Line (Orange)**
- Smoothed average of OBV
- Crossovers with OBV generate buy/sell signals
- Default: 21-period SMA
**V-Shaped Markers**
- Green upward V = Bullish crossover (buy signal)
- Red downward V = Bearish crossover (sell signal)
- Appears at the OBV value when signal is triggered
**Zero Line (Yellow)**
- Center equilibrium point for volume balance
- Acts as support/resistance for OBV
- Separates buying pressure (above) from selling pressure (below)
---
### **SOURCE GROUP**
**Source**
- **Default:** Close
- **Options:** Open, High, Low, or any custom value
- Controls which price value triggers OBV direction changes
- Most traders use Close for standard OBV calculation
---
### **SIGNAL SMOOTHING GROUP**
**Show Signal?**
- **Default:** ON
- Toggle visibility of the signal line
- Disable if you prefer to see raw OBV only
**Smoothing Type**
- **SMA (Simple Moving Average)** - Default, standard smoothing
- **EMA (Exponential Moving Average)** - Faster response, weights recent bars more heavily
- **Choose SMA** for consistent, traditional OBV signals
- **Choose EMA** for faster trend identification (more whipsaws possible)
**Smoothing Length**
- **Default:** 21 bars
- **Range:** 1-200 bars
- **Lower values** (5-14): Faster signals, more noise
- **Higher values** (30-50): Slower signals, fewer false alarms
- **Recommendation:** Use 21-25 for most timeframes
---
### **SIGNAL FILTERING GROUP**
This is your primary control for signal quality and frequency.
**Show Signal Markers?**
- **Default:** ON
- Toggle the V-shaped buy/sell markers on/off
- Disable if markers distract from your analysis
**Signal Filter Type**
- **None** - Shows every single crossover (noisy, best for skilled traders)
- **Confirmation Bars** - Waits N bars before confirming signal (recommended)
- **Strength-Based** - Only signals during strong momentum (filters weakest moves)
#### **CONFIRMATION BARS MODE** (Recommended)
Best for reducing false signals while staying responsive to real moves.
**Confirmation Bars**
- **Default:** 2 bars
- **Range:** 1-10 bars
- Waits for the signal to hold for N consecutive bars after crossover
- **Setting 1:** Every crossover (same as "None")
- **Setting 2:** Wait 1 bar confirmation (good balance)
- **Setting 3:** Wait 2 bars confirmation (filters 50% of noise)
- **Setting 4+:** Very selective, misses quick reversals
**How it works:**
1. OBV crosses signal line → Confirmation counter starts
2. If OBV stays on correct side for 2 bars → V-marker appears
3. If OBV crosses back → Counter resets, no signal
#### **STRENGTH-BASED MODE**
Only signals when momentum is statistically significant.
**Min Z-Score Strength**
- **Default:** 0.3
- **Range:** 0.0-3.0
- Requires OBV deviation from its mean to reach this threshold
- **Setting 0.1-0.3:** More signals, lower quality
- **Setting 0.5-0.8:** Moderate signals, good quality
- **Setting 1.0+:** Only the strongest momentum shifts
**How it works:**
- Calculates how far OBV is from its 50-bar average (Z-score)
- Only shows signals when this distance is meaningful
- Automatically avoids weak, choppy market conditions
---
### **VISUALS & COLORS GROUP**
**Highlight Crossovers?**
- **Default:** ON
- Master toggle for all signal markers
- Turn OFF to see only the OBV/signal lines
**Apply Ribbon Filling?**
- **Default:** ON
- Colors the space between OBV and signal line
- Green fill = OBV above signal (bullish)
- Red fill = OBV below signal (bearish)
- Provides clear visual trend confirmation
- Turn OFF for minimal chart clutter
---
### **STATS & ZONES GROUP**
**Use Window-Normalized OBV (visual only)?**
- **Default:** ON
- Removes long-term trend from OBV for clearer short-term signals
- Detrends the indicator to highlight recent momentum changes
- **ON:** Better for swing trading and identifying reversals
- **OFF:** Better for trend-following strategies
- Note: Z-Score always uses raw OBV for statistical accuracy
**OBV Normalize Window**
- **Default:** 200 bars
- Lookback period for detrending calculation
- Larger values = more aggressive detrending
- Adjust if you want OBV to oscillate more/less around zero
**Show Z-Score (OBV)?**
- **Default:** ON
- Displays statistical momentum indicator below main chart
- Ranges from -3 to +3 (most data within -2 to +2)
- High Z-Score = Strong buying momentum
- Low Z-Score = Strong selling momentum
**Z-Score Lookback**
- **Default:** 50 bars
- Period for calculating Z-Score mean and standard deviation
- Larger = smoother Z-Score, slower response
- Smaller = noisier Z-Score, faster response
**Show ROC (OBV Momentum)?**
- **Default:** OFF
- Rate of Change indicator for OBV velocity
- Useful for identifying momentum turning points
- Enable if you want to see speed of volume changes
**ROC Lookback**
- **Default:** 14 bars
- Period for ROC calculation
**Show Z-Score StdDev Zones?**
- **Default:** ON
- Shaded regions around zero line showing statistical boundaries
- Inner Zone (±1 Z) = Normal variation
- Outer Zone (±2 Z) = Extreme moves, potential reversals
- Helps identify overbought/oversold volume conditions
**Inner Zone (±Z)**
- **Default:** 1.0
- First boundary for standard deviation zones
- Most normal trading occurs within ±1
**Outer Zone (±Z)**
- **Default:** 2.0
- Second boundary for extreme conditions
- Crossing these zones indicates significant momentum shift
---
## Trading Strategy Examples
### **Strategy 1: Signal Line Crossovers (Beginner)**
**Setup:**
- Signal Filter Type: **Confirmation Bars**
- Confirmation Bars: **2-3**
- Show Signal Markers: **ON**
**Rules:**
1. **BUY signal** (green V): When OBV crosses above signal line and holds for 2-3 bars
- Confirms buying pressure is building
- Look for price to follow within 1-3 bars
2. **SELL signal** (red V): When OBV crosses below signal line and holds for 2-3 bars
- Confirms selling pressure is increasing
- Expect price decline
3. **Exit:** Take profits at next signal or use price support/resistance
**Best For:** Swing trading, intraday reversals, timeframes 5m-1h
---
### **Strategy 2: Zero Line Bounce (Intermediate)**
**Setup:**
- Signal Filter Type: **Strength-Based**
- Min Z-Score Strength: **0.5**
- Show Z-Score StdDev Zones: **ON**
**Rules:**
1. **Watch OBV approach zero line** during established trends
- OBV bouncing repeatedly off zero = trend is healthy
- OBV breaking through zero = trend reversal imminent
2. **Enter on bounce:** Buy when OBV bounces from zero line in uptrend
3. **Exit on break:** Close position when OBV breaks below zero line
4. **Confirm with Z-Score:** Only take trades when Z-Score shows momentum (|Z| > 0.5)
**Best For:** Trend traders, identifying trend strength, medium timeframes 15m-4h
---
### **Strategy 3: Momentum Extremes (Advanced)**
**Setup:**
- Signal Filter Type: **None**
- Show Z-Score StdDev Zones: **ON**
- Outer Zone: **2.0**
**Rules:**
1. **Identify extremes:** When Z-Score breaks outer zone (±2.0)
- Indicator is in extreme territory
- Likely overextended
2. **Fade extremes:** Take opposite position when Z-Score hits extreme
- High Z (>2.0) = OBV overbought, expect pullback
- Low Z (<-2.0) = OBV oversold, expect bounce
3. **Confirm:** Wait for crossover signal to enter
4. **Target:** Outer zone of opposite side or zero line
**Best For:** Range trading, mean reversion, experienced traders only
---
## Reading the Indicator in Different Markets
### **Strong Uptrend**
- OBV consistently above signal line (green)
- OBV well above zero line, rising higher lows
- Z-Score positive, trending upward
- **Action:** Buy dips to signal line, sell at resistance
### **Strong Downtrend**
- OBV consistently below signal line (red)
- OBV well below zero line, making lower highs
- Z-Score negative, trending downward
- **Action:** Sell rallies to signal line, cover at support
### **Consolidation/Choppy Market**
- OBV whipsaws around signal line frequently
- Crossovers occur every few bars
- Z-Score oscillating between -1 and +1
- **Action:** Increase confirmation bars to 3-4, or switch to strength-based filter
### **Accumulation (Bottom Formation)**
- OBV rising while price is flat or falling
- Volume flowing in despite downtrend (bullish divergence)
- Z-Score climbing while price lows hold
- **Action:** Expect breakout up; prepare buy near support
### **Distribution (Top Formation)**
- OBV falling while price is flat or rising
- Volume flowing out despite uptrend (bearish divergence)
- Z-Score falling while price continues higher
- **Action:** Expect breakdown down; prepare short near resistance
---
## Parameter Tuning Guide
### **Aggressive Settings (More Signals)**
- Smoothing Length: 14
- Signal Filter: None or Confirmation Bars: 1
- Min Z-Score: 0.1
- Best for: Day trading, high volatility stocks
- Risk: More false signals
### **Balanced Settings (Recommended)**
- Smoothing Length: 21
- Signal Filter: Confirmation Bars: 2
- Min Z-Score: 0.3
- Best for: Swing trading, most market conditions
- Risk/Reward: Moderate
### **Conservative Settings (Fewer Signals)**
- Smoothing Length: 30-40
- Signal Filter: Confirmation Bars: 3-4 or Strength-Based: 0.7+
- Min Z-Score: 0.8
- Best for: Position trading, high-conviction trades only
- Risk: May miss some moves
---
## Common Questions & Troubleshooting
**Q: Why are there more sell signals than buy signals?**
A: This reflects the actual market action. Markets often decline faster than they rise (fear > greed). Confirm signals with price action and support/resistance.
**Q: The indicator keeps whipsawing, should I hide it?**
A: Increase Confirmation Bars to 3-4 or switch to Strength-Based filter. Market conditions matter—choppy markets require stricter filters.
**Q: What's the difference between normalized and raw OBV?**
A: Normalized (detrended) shows shorter-term momentum by removing long-term trends. Raw OBV shows absolute accumulation/distribution over the full period. Use normalized for swing signals, raw for trend confirmation.
**Q: My signals come too late. How do I get faster entry?**
A: Reduce Smoothing Length (try 14 instead of 21), use EMA instead of SMA, or set Confirmation Bars to 1. Trade-off: More false signals.
**Q: Can I use this for day trading?**
A: Yes, on 1m-5m charts with aggressive settings. Use Confirmation Bars: 1 and focus on Z-Score > 0.5 entries only.
**Q: Should I trade every signal?**
A: No. Filter signals using: price near support/resistance, multiple indicators confirming, and Z-Score showing momentum. Best signals occur at key levels.
---
## Best Practices
1. **Always confirm with price action:** OBV signals work best when price is near support, resistance, or moving average. Don't trade signals in a vacuum.
2. **Use volume context:** Check if volume is increasing or decreasing on the signal. Strong signals have volume confirmation (increasing volume on OBV spikes).
3. **Adjust settings per timeframe:**
- 1m-5m: Smoothing 12, Confirmation 1, Z-Score 0.2
- 15m-1h: Smoothing 20, Confirmation 2, Z-Score 0.3
- 4h-1d: Smoothing 25, Confirmation 3, Z-Score 0.5
4. **Watch the zero line:** It's your friend. OBV behavior at the zero line reveals trend strength. Bounces = healthy trend. Breaks = reversal.
5. **Risk management:** No indicator is perfect. Use proper position sizing and stop losses. OBV should confirm your thesis, not be the only reason to trade.
6. **Combine with other indicators:**
- Price moving averages for trend confirmation
- RSI or Stochastic for overbought/oversold levels
- Support/resistance for entry/exit zones
- MACD for momentum divergences
---
## Disclaimer
This indicator is for educational and informational purposes only. It is not financial advice. Past performance does not guarantee future results. Always conduct your own research and consult with a financial advisor before making trading decisions. Trading carries risk, including potential loss of principal.
---
## Version History
**Version 1.0** - Initial release with enhanced signal filtering, Z-Score analysis, and customizable parameters.
High Volume Candle Detector by Ravi Shinde📊 High Volume Candle Detector
🎯 Overview
Identify exceptional volume spikes that signal institutional activity, breakouts, and reversals. Detects candles with volume exceeding a customizable threshold (default: 3x average volume over 20 periods).
✨ Key Features
🔧 Customizable Settings
Volume Multiplier (default: 3.0x) - Define your threshold
Average Period (default: 20) - Adapt to any timeframe
Bullish/Bearish Detection - Automatic color coding (green/red)
🎨 Visual Styles
Background - Subtle colored highlighting
Border - Yellow box outline
Shape - Triangle markers with "HV" text
All - Combined display
🔔 Smart Alerts
Bullish High Volume 🟢
Bearish High Volume 🔴
Any High Volume ⚠️
📈 Derivatives Trading Method
High-volume candle highs and lows mark key breakout levels. Break above = Go Long. Break below = Go Short. Trail your stop-loss with a moving average of your choice for optimal risk management. Optimal performance on 15-minute or higher timeframes. Lower timeframes may generate excessive noise.
Session Volume Spike Detector (MTF Arrows)Overview
The Session Volume Spike Detector is a precision multi-timeframe (MTF) tool that identifies sudden surges in buy or sell volume during key market windows. It highlights high-impact institutional participation by comparing current volume against its historical baseline and short-term highs, then plots directional markers on your chart.
This version adds MTF awareness, showing spikes from 1-minute, 5-minute, and 10-minute frames on a single chart. It’s ideal for traders monitoring microstructure shifts across multiple time compressions while staying on a fast chart (like 1-second or 1-minute).
Key Features
Dual Session Windows (DST-aware)
Automatically tracks Morning (05:30–08:30 MT) and Midday (11:00–13:30 MT) activity, adjusted for daylight savings.
Directional Spike Detection
Flags Buy spikes (green triangles) and Sell spikes (magenta triangles) using dynamic volume gates, Z-Score normalization, and recent-bar jump filters.
Multi-Timeframe Projection
Displays higher-timeframe (1m / 5m / 10m) spikes directly on your active chart for continuous visual context — even on sub-minute intervals.
Adaptive Volume Logic
Each spike is validated against:
Volume ≥ SMA × multiplier
Volume ≥ recent-high × jump factor
Optional Z-Score threshold for statistical significance
Session-Only Filtering
Ensures spikes are only plotted within specified trading sessions — ideal for futures or intraday equity traders.
Configurable Alerts
Built-in alert conditions for:
Any timeframe (MTF aggregate)
Individual 1m, 5m, or 10m windows
Alerts trigger only when a new qualifying spike appears at the close of its bar.
Use Cases
Detect algorithmic or institutional activity bursts inside your trading window.
Track confluence of volume surges across multiple timeframes.
Combine with FVGs, bank levels, or range breakouts to identify probable continuation or reversal zones.
Build custom automation or alert workflows around statistically unusual participation spikes.
Recommended Settings
Use on 1-minute chart for full MTF display.
Adjust the SMA length (default 20) and Z-Score threshold (default 3.0) to suit market volatility.
For scalping or high-frequency environments, disable the 10m layer to reduce visual clutter.
Credits
Developed by Jason Hyde
© 2025 — All rights reserved.
Designed for clarity, precision, and MTF-synchronized institutional volume detection.
Smart Money — Volume Panel + OBV Smart Money — Volume Panel + Scaled OBV
This indicator combines classic volume analysis with a scaled On-Balance Volume (OBV) line, helping spot smart money activity:
Volume bars – color changes dynamically:
🟢 green = high volume & OBV rising
🔴 red = high volume & OBV falling
🟠 orange = high volume but OBV neutral
⚪ gray = low volume
Yellow line – volume moving average (MA)
Purple line – high-volume threshold (MA × multiplier)
OBV line (green/red) – scaled OBV plotted in the same range as volume for easier comparison.
Cumulative Volume Delta📊 Indicator Name:
Cumulative Volume Delta (CVD) + Candle Divergence (Color DIfference)
📌 Purpose:
This indicator visualizes volume delta over a user-defined time anchor and highlights divergence between volume-based momentum and price movement. It's especially useful for identifying potential reversals, fakeouts, or hidden buying/selling pressure.
🔍 How It Works:
1. Volume Delta Calculation (CVD Candles):
The script uses ta.requestVolumeDelta() to approximate volume delta data over a chosen anchor period (e.g., 1D).
Volume delta = Buy Volume – Sell Volume
Each candle on the CVD chart represents changes in cumulative volume delta, with OHLC-style values:
openVolume: cumulative delta at the start of the bar
lastVolume: cumulative delta at the end of the bar
maxVolume, minVolume: intra-bar high and low
2. Visual Representation (CVD Candles):
Green/Teal candle: Delta is increasing (buying pressure dominates)
Red candle: Delta is decreasing (selling pressure dominates)
3. Divergence Detection:
The script compares the direction of the price candle with the direction of the CVD candle:
Price Up + CVD Down → Possible hidden selling (bearish divergence)
Price Down + CVD Up → Possible hidden buying (bullish divergence)
4. Color Highlighting:
Orange candle on the CVD chart signals divergence between price and volume delta.
This color override helps you quickly spot potential discrepancies between price movement and underlying volume pressure.
5. Alerting:
An alertcondition is added so you can receive a notification whenever a divergence occurs.
⚙️ User Inputs:
Anchor period (e.g., 1D): Timeframe over which the CVD is anchored.
Use custom timeframe: Allows you to override and define the internal lower timeframe used for volume estimation (e.g., 1-min).
📈 How to Use It:
✅ Bullish Divergence (Price down, CVD up)
This may indicate:
Buyers absorbing selling pressure.
A potential reversal to the upside.
Hidden accumulation.
🚫 Bearish Divergence (Price up, CVD down)
This may indicate:
Sellers stepping in despite upward price.
A potential reversal to the downside.
Hidden distribution.
🧠 Trading Insights:
CVD is often used by order flow traders or those analyzing market depth and volume imbalances.
This version lets you visually align price action with underlying volume, improving decision-making.
The divergence signal can be combined with other technical tools like support/resistance, candlestick patterns, or trendlines for confirmation.
Mirrored Buy/Sell Volume + Cumulative DeltaUser Guide: Mirrored Buy/Sell Volume (Histogram)
🔍 What It Does
Displays green bars above zero for estimated buy volume
Displays red bars below zero for estimated sell volume
Adds a blue line showing Cumulative Delta (buy − sell over time)
Optional threshold lines help spot when net momentum builds up
📊 How Volume is Estimated
Same estimation method as the table version:
Buy Volume is proportion of volume estimated using (close - low) / (high - low)
Sell Volume is remainder of the total volume
Cumulative Delta = running total of (Buy − Sell) volume
This gives you:
A real-time sense of which side is gradually gaining control
More context than looking at candles or volume bars alone
✅ Best For
Visual trade decision support: who’s winning the tug-of-war?
Spotting trend initiation or momentum shifts
Combining with oscillator/trend tools for confirmation
⚠️ Limitations
Still an approximation — not based on actual trade aggressor data
Cannot separate passive vs. aggressive orders
Cumulative Delta does not reset unless specifically coded to do so
May mislead if the bar has long wicks or closes near midpoint
Bull vs Bear Volume on Price ChartThis script overlays estimated bullish and bearish volume directly on the price chart, making it easy to spot buying vs. selling pressure without switching to a separate volume pane.
🔍 Features:
📈 Bullish volume markers appear as green triangles below the candle.
📉 Bearish volume markers appear as red triangles above the candle.
🔄 Optional smoothing to reduce noise using simple moving average (SMA).
⚠️ Volume spike highlights: Bullish spikes turn lime green, bearish spikes turn bright red.
🔢 Toggle labels to see estimated volume values above/below each candle.
🔄 Works on all timeframes, from intraday to weekly/monthly charts.
📐 Methodology:
Bullish and bearish volume are estimated using the candle's range:
More bullish volume when the close is near the high.
More bearish volume when the close is near the low.
This is a visual proxy, not true order flow data.
Daily Volume High Notifier📜 Script Description – Daily Volume High Notifier
This indicator monitors trade volume and sends an alert whenever a new daily high in volume is reached. The high volume is reset at the beginning of each trading day, allowing traders to stay informed of significant intraday volume spikes.
🛠️ Features:
Tracks the highest trade volume for the current day.
Resets the volume high tracker at the start of each new day.
Sends a real-time notification (alert()) whenever a new volume high is detected.
Useful for identifying unusual activity, potential breakouts, or institutional participation.
📊 Visual Elements:
Blue histogram for standard volume.
Red line showing the current day’s highest volume so far.
🔔 How to Use:
Add the script to any chart.
Enable alerts using the built-in alert() function.
Receive notifications every time volume hits a new high for the day.
🔔 Setting up Alerts in TradingView:
After adding this indicator to your chart:
Click the Alarm Clock (Alerts) icon.
Set condition: Daily Volume High Notifier → alert() function call .
Choose your alert type (app notification, email, popup, etc.).
Name it something like "Volume High Alert" and hit Create.
This tool is ideal for day traders, scalpers, and volume-based strategy traders who want to be instantly notified of spikes in market activity.
AI Volume StrategyAI Volume Strategy detects significant volume spikes and combines them with trend direction and candlestick color to generate buy and sell signals. The strategy uses an Exponential Moving Average (EMA) of volume to identify abnormal volume spikes that may indicate strong market activity. Additionally, it uses a 50-period EMA of price to filter the trend and decide on entry direction.
Key Features:
Volume Spike Detection: The strategy detects when the current volume exceeds the EMA of volume by a user-defined multiplier, signaling abnormal increases in market activity.
Trend Direction Filter: The strategy uses a 50-period EMA of price to determine the market trend. Buy signals are generated when the price is above the EMA (uptrend), and sell signals are generated when the price is below the EMA (downtrend).
Candle Color Filter: The strategy generates a buy signal only when the current candle is bullish (green) and a sell signal only when the current candle is bearish (red).
Exit after X Bars: The strategy automatically closes the position after a specified number of bars (default is 5 bars), but the exit condition can be adjusted based on user preference, timeframe, and backtesting results. The default exit is after 5 bars, but users can set it to 1 bar or any other number depending on their preferences and strategy.
Signals:
Buy Signal: Generated when a volume spike occurs, the trend is upward, and the current candle is bullish.
Sell Signal: Generated when a volume spike occurs, the trend is downward, and the current candle is bearish.
Alerts:
Buy Alert: Alerts the user when a buy signal is triggered.
Sell Alert: Alerts the user when a sell signal is triggered.
Visualization:
Buy Signal: A green label appears below the bar when the buy conditions are met.
Sell Signal: A red label appears above the bar when the sell conditions are met.
Volume EMA: Optionally, the Volume EMA line can be plotted on the chart to visualize volume trends.
This strategy helps traders identify potential entry points based on increased volume activity while considering trend direction and candlestick patterns. With the ability to adjust the exit condition, users can fine-tune the strategy to their specific needs and backtest results.
AI Volume SignalsAI Volume Signals
The AI Volume Signals indicator detects significant volume spikes and combines them with trend direction and candle color to generate buy and sell signals. This script utilizes an Exponential Moving Average (EMA) of volume to detect abnormal volume spikes, which could indicate strong market activity. It also filters signals based on the trend direction determined by a 50-period EMA of the price.
Key Features:
Volume Spike Detection: The indicator detects when the current volume exceeds the EMA of volume by a user-defined multiplier, signaling an unusual increase in market activity.
Trend Direction Filter: The 50-period EMA of the price is used to determine the market trend. Buy signals are generated when the price is above the EMA (uptrend), and sell signals occur when the price is below the EMA (downtrend).
Candle Color Filter: The indicator only generates a buy signal when the current candle is bullish (green), and a sell signal when the current candle is bearish (red).
Optional Volume EMA Line: A customizable option allows users to toggle the visibility of the Volume EMA line on the chart. By default, the line is hidden, but can be enabled in the settings.
Signals:
Buy Signal: Generated when a volume spike occurs, the trend is upward, and the current candle is bullish.
Sell Signal: Generated when a volume spike occurs, the trend is downward, and the current candle is bearish.
Alerts:
Buy Alert: Alerts the user when a buy signal is triggered.
Sell Alert: Alerts the user when a sell signal is triggered.
Visualization:
Buy Signal: A green label appears below the bar when the buy conditions are met.
Sell Signal: A red label appears above the bar when the sell conditions are met.
Volume EMA: A line representing the EMA of the volume is plotted on the chart for reference. The visibility of this line can be toggled in the settings.
This indicator can help traders identify potential entry points based on increased volume activity while considering trend direction and candlestick patterns.
Combined Up down with volumeIndicator Description: "Combined Up/Down with Volume"
This Pine Script indicator combines price momentum and volume spikes to identify potential trend reversals or breakouts. It checks two key conditions:
Price Movement – A minimum percentage change (% check) in closing price.
Volume Spike – Trading volume exceeding a user-defined threshold (Volume above).
How It Works
1. Price Momentum Check
Calculates the 1-period Rate of Change (ROC) of the closing price.
Triggers when the absolute ROC ≥ % check (e.g., 5%).
2. Volume Spike Check
Compares current volume against a threshold (e.g., 1,000,000).
Triggers when volume exceeds this level.
3. Signal Plotting
If use = true:
Plots a purple circle below the bar when both conditions are met.
If use = false:
Plots a circle below the bar for price momentum alone.
Plots a circle (default position) for high volume alone.
OG Volume PowerDescription:
The OG Volume Power is an elite-level volume analysis suite built for identifying momentum surges, trend continuation, and buyer/seller imbalances at critical price levels. It combines real-time VWAP tracking, a dynamic Point of Control (POC), and volume delta clusters to give traders a complete picture of price and volume interaction.
🔍 Key Features:
Real-Time VWAP:
Tracks volume-weighted average price to identify mean reversion and intraday fair value zones. Ideal for institutional-level entries and exits.
Dynamic POC (Point of Control):
Automatically finds the price level with the highest volume over the last N candles (default 50), helping traders pinpoint where market participants are most committed.
Buyer/Seller Volume Delta Clusters:
Highlights imbalances between buying and selling pressure using bullish and bearish volume deltas that exceed the 20-bar volume average — excellent for momentum detection and early trend recognition.
⚙️ How It Works:
Green triangle: Buyer surge (bullish delta + above average volume)
Red triangle: Seller surge (bearish delta + above average volume)
Magenta line: Dynamic POC (highest volume price over recent candles)
Orange line: VWAP (acts as a magnetic force for price)
📈 Best For:
Intraday scalping or swing trading on SPY, QQQ, BTC, or Forex
Volume flow confirmation before breakout entries
Filtering false breakouts with delta strength signals
🧠 Pro Tip:
Use OG Volume Power alongside your trend indicators (like OG EMA Stack or OG Supertrend) to confirm that volume is backing the move. Look for surges near VWAP or POC zones for sniper-level entries.
Moving Volume DensityMoving Volume Density (MVD) is a custom TradingView indicator written in Pine Script™ (version 6) that blends volume analysis with price range data to offer a unique perspective on market dynamics. By measuring the total volume over a specified period and relating it to the price range during the same interval, this indicator provides valuable insights into the concentration of trading activity relative to price movement.
Key Features:
User-Defined Period: The indicator uses an input period (default 20 bars) to calculate both the total volume and the price range. This flexibility allows you to tailor the analysis to your preferred timeframe.
Volume Calculation: It computes the sum of the volume over the defined period, capturing the cumulative trading activity.
Price Range Determination: The indicator identifies the highest high and the lowest low within the period, calculating the price range (difference between the two). This range serves as the denominator in the density calculation.
Volume Density Computation: Volume Density is derived by dividing the total volume by the price range. This metric reveals how concentrated the volume is within the observed price movement. To prevent division errors, the calculation returns 'NA' when the price range is zero.
Visual Representation: The resulting Volume Density is plotted as a line on a separate sub-window, making it easy to compare with other indicators or overlay your analysis.
「Moving Volume Density (MVD) インジケーター」は、Pine Script™（バージョン6）で作成されたカスタムインジケーターです。出来高の分析と、指定期間内の高値・安値による価格レンジの情報を組み合わせることで、市場のダイナミクスに対する独自の視点を提供します。指定された期間内の合計出来高とその期間内の価格レンジの比率から、価格変動に対する出来高の集中度を示す指標となります。
主な特徴:
ユーザー定義の期間: インジケーターは、入力された期間（デフォルトは20本のバー）を基に、合計出来高と価格レンジ（最高値と最安値の差）の両方を計算します。これにより、ご自身の分析に合わせた柔軟な設定が可能です。
出来高の計算: 指定期間内の全出来高を合計することで、累積的な取引活動を把握します。
価格レンジの算出: 期間内の最高値と最安値を取得し、その差を価格レンジとして算出。このレンジは、出来高密度の計算における分母として使用されます。
出来高密度の計算: 合計出来高を価格レンジで割ることで、出来高がどれだけ価格変動内に集中しているかを示す「出来高密度」を求めます。なお、価格レンジがゼロの場合はゼロ除算を避けるため「NA」を返す設計となっています。
視覚的な表現: 計算結果はサブウィンドウにラインとしてプロットされ、他のインジケーターとの併用や比較が容易に行えます。
High Volume BarsThis indicator highlights the highest volume bullish and bearish bars within a specified lookback period. It provides a visual representation of significant volume activity, which can be useful for identifying potential trend reversals or continuations.
Key Features:
Customizable lookback period to find highest volume bars
Lime-colored bars for bullish (up) volume
Fuchsia-colored bars for bearish (down) volume
Filled areas between high and low of highest volume bars
Easy-to-read visual cues for volume analysis
The indicator scans the specified number of previous bars to identify the highest volume bullish and bearish bars. It then colors these bars and draws filled areas to make them stand out on the chart. This can help traders quickly spot areas of significant buying or selling pressure.
Use this indicator to:
Identify potential support and resistance levels
Spot volume-based trend reversals
Confirm breakouts or breakdowns
Enhance your volume analysis in conjunction with price action
Adjust the lookback period to fine-tune the indicator's sensitivity to recent volume activity. A longer lookback period will identify more significant volume events, while a shorter period will be more responsive to recent changes.
Note: This indicator is best used in combination with other technical analysis tools and should not be relied upon solely for making trading decisions.
Common Volume Spike Indicator with Price Color on SpikeIndicator Name: Common Volume Spike Indicator with Price Color on Spike
Description:
The “Common Volume Spike Indicator with Price Color on Spike” is designed to detect significant volume spikes and highlight them on the chart. It not only identifies moments when the trading volume exceeds a certain threshold but also colors the price bars based on price movement during these spikes.
Key Features:
• Volume Spike Detection: Detects volume spikes when the current volume exceeds a specified multiple of the average volume over a user-defined lookback period.
• Dynamic Volume Break: Highlights bars where the volume exceeds a threshold, dynamically calculated as a multiple of the average volume (default is 10x the average volume).
• Price Color on Volume Spike: When a volume spike occurs, bars are colored green if the price closes higher than the previous bar, and red if the price closes lower. This feature helps traders easily identify significant price movements during high-volume periods.
• Customizable Parameters:
• Threshold Multiplier: Adjust the sensitivity of volume spike detection.
• Lookback Period: Define the period over which the average volume is calculated.
• Volume Break Multiplier: Set a multiplier for the average volume to identify extreme volume breaks.
This indicator is suitable for traders who want to quickly spot critical market events driven by significant increases in volume. It helps to visualize both the volume activity and the corresponding price movement, providing an additional layer of market insight.
How to Use:
1. Green Bars: When the volume spike condition is met and the price closes higher than the previous bar, the bar is colored green.
2. Red Bars: When the volume spike condition is met and the price closes lower than the previous bar, the bar is colored red.
3. Blue Bars: Indicates a significant volume break, where the current volume exceeds a specified multiple of the average volume (default: 10x).
Ideal for intraday and swing traders who rely on volume and price action for market entries and exits. This indicator works well across different asset classes, including stocks, forex, and cryptocurrencies.
You can adjust the input parameters to fit your specific trading strategy and timeframe.
Disclaimer: This indicator is a tool to help with market analysis and should not be considered financial advice. Always perform your own due diligence before making any trading decisions.
This description outlines the key functionality and how the indicator can benefit traders on TradingView.
[KVA]Volume ImpulseThe Volume Impulse indicator is designed to provide insights into market momentum by analyzing volume dynamics. It helps traders identify periods of strong buying and selling pressure, which can be crucial for making informed trading decisions.
What does the indicator do?
The Volume Impulse indicator calculates positive and negative volume percentages based on the price range within each bar. It allows traders to visualize the distribution of volume and detect potential shifts in market sentiment.
How does it work?
The indicator uses a customizable lookback period to analyze volume data, smoothing the results with user-defined moving averages. By comparing the positive and negative volume percentages, the indicator highlights overbought and oversold conditions, aiding in trend detection and potential reversal points.
How to use it?
Identify Momentum: Use the positive and negative volume percentages to gauge market momentum within the specified lookback period.
Detect Overbought/Oversold Conditions: Look for the indicator crossing above the overbought level or below the oversold level to identify potential reversal points.
Smooth Trends: Adjust the moving average type and lengths to smooth out the volume data and identify trends more clearly.
Key Features
Volume Analysis: Calculates the positive and negative volume based on the price range within each bar.
Lookback Period: Allows you to define a lookback period over which the indicator calculations are performed, providing flexibility in analyzing different timeframes.
Customizable Moving Averages: Choose from various types of moving averages (EMA, SMA, WMA, Hull) to smooth the volume data.
Overbought/Oversold Levels: Visual markers for overbought, middle, and oversold conditions to help identify potential reversal points.
Color-Coded Areas: Highlights overbought and oversold regions with customizable colors for easy visual interpretation.
Plotting Options: Displays the positive volume and its smoothed version using the selected moving average type and length.
Inputs:
Lookback Period: Define the period over which the volume analysis is performed.
Moving Average Type: Select the type of moving average (EMA, SMA, WMA, Hull) to be applied.
Moving Average Length: Set the length for the primary moving average.
Smooth Length: Define the length for the smoothed moving average.
Overbought Level: Set the threshold for overbought conditions.
Middle Level: Set the threshold for middle conditions.
Oversold Level: Set the threshold for oversold conditions.
Color Settings: Customize the colors for overbought and oversold areas and their respective fill colors.
Significant VolumeSignificant Volume Indicator for Scalpers
This indicator, designed for scalpers, identifies candles with significant volume pressure, aiding in pinpointing optimal entry points for short or long positions. Unlike traditional trend analysis tools, this indicator focuses specifically on volume dynamics to assist traders in identifying ideal trade setups for quick, short-term trades.
**Key Features:**
1. **Volume Analysis:** Utilizes volume data to highlight candles with significant buying or selling pressure.
2. **Moving Average:** Calculates a simple moving average of volume to provide a reference for determining the significance of current volume levels.
3. **Volume Pressure:** Evaluates volume pressure based on the difference between buy and sell pressures over a specified lookback period.
4. **Customizable Parameters:** Allows users to adjust parameters such as SMA period and lookback period to fine-tune the indicator to their trading preferences and strategies.
**Ideal Usage:**
- **Scalping Strategy:** Tailored for traders employing scalping strategies who seek to capitalize on short-term price movements.
- **Entry Point Identification:** Helps traders identify candles with notable volume activity, indicating potential entry points for short or long positions.
- **Volume Confirmation:** Provides additional confirmation for trade setups by highlighting candles with significant volume pressure.
**Disclaimer:** This indicator is designed specifically for scalping purposes and may not be suitable for other trading styles or purposes.
Pressure Volume by MolnarThe Pressure Volume script is a technical indicator that is used to identify buying and selling pressure in a market based on changes in volume. The indicator calculates the average volume over a specified lookback period and then calculates the percentage change in volume for each bar. If the percentage change in volume exceeds a user-defined threshold, then the indicator signals the presence of buying or selling pressure.
To use the script, you simply need to add it to a chart in TradingView. The script allows you to adjust two input parameters: the lookback period and the threshold percentage. The lookback period is the number of bars to use when calculating the average volume, and the threshold percentage is the amount by which the current bar's volume must exceed the average volume in order to trigger a buying or selling pressure signal.
When the script detects buying pressure, it displays a green triangle above the bar, and when it detects selling pressure, it displays a red triangle below the bar. You can adjust the size of the triangles using the "size" input parameter.
It's important to note that the Pressure Volume script is just one tool among many that traders use to analyze the market. It should be used in conjunction with other indicators and analysis techniques to make informed trading decisions.
Modified TradingView's Up/Down Volume [vnhilton]
When plotting columns, histograms, etc. You'll notice that the indicator does not stick to the bottom of the pane. To fix this, you need another indicator (we'll call this 'placeholder') in the same pane as this indicator. Pin the placeholder indicator to the left scale, & pin the main indicator to the left scale. Then, pin the placeholder indicator to scale A, & finally the main indictor to the right scale.
Note: On the daily timeframes & higher, the up/down volume isn't accurate. Therefore, I've added a feature where you can toggle on the main indicator to disappear & only show ordinary total volume similar to the TradingView volume indicator.
The original code belongs to TradingView. This is a modified indicator that displays the down volume above the up volume similar to the volume profile. Also includes a moving average using the total volume, & a feature to display ordinary volume to solve the up/down inaccuracies on the daily timeframe & higher.
FinNifty VolumesKEY TAKEAWAYS
-Uses FinNifty Index Stocks Volume .
-FinNifty Volume Indicator is created by adding all 20 FinNifty Stocks Volume together.
-FinNifty Volume will be an important indicator in FinNifty Index technical analysis because it is used to measure the relative significance of a market move.
-The higher the volume during a FinNiftyy index price move, the more significant the move and the lower the volume during a FinNifty index price move, the less significant the move.
-Moving Average is also added.
FINRA Daily Short Sale Volume█ OVERVIEW
This indicator displays the Daily Short Sale Volume data reported by FINRA for US Stocks markets, namely NASDAQ, NYSE and NYSE ARCA.
█ CONCEPTS
Daily Short Sale Volume data is different from the bi-monthly Short Interest data also reported by FINRA. Whereas Short Interest represents open positions, Short Sale Volume represents transactions, some of which are executed to offset other trades that will not necessarily result in an open short position reported in Short Interest data. This explains why Short Sale Volume values are always greater than Short Interest ones.
Daily Short Sale Volume provides aggregated volume by security for all short trades executed and reported to FINRA during normal market hours, i.e., media-reported trades. It's important to note that Short Sale Volume is not consolidated with exchange data and excludes trading activity that is not publicly disseminated.
█ HOW TO USE IT
Load the indicator on an active chart (see here if you don't know how).
If the chart's symbol is traded on one of the exchanges for which FINRA provides Daily Short Sale Volume, it will be displayed in columns. The columns are a brighter red when their value is above average.
You can display Short Sale Volume for another symbol by checking the "Other symbol" checkbox of the script settings' "Inputs" tab and selecting the symbol.
The moving average's length is in days, as Short Volume is daily data. You can hide the average in the script's settings "Style" tab.
█ NOTES
You will find more information on the Short Sale Volume Data and Understanding Short Sale Volume Data pages of the FINRA website.
Short Interest data reported by FINRA is not yet available on our platform.
On TradingView, Short Sale Volume data is accessible through tickers using special names. For example, NASDAQ:AAPL's Short Sale Volume data can be loaded on your chart via the FINRA:AAPL_SHORT_VOLUME ticker. The indicator displays the name of the ticker used to fetch data in the bottom left. It can be hidden by unchecking the "Tables" item in the "Style" tab of the script's settings.
Look first. Then leap.
