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HIGH VOLUME BY EAGLE EYES

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HIGH VOLUME BY EAGLE EYES is a smart price–volume analysis tool that helps traders identify high-probability breakout zones based on consolidation, breakout direction, and volume strength.
Key Features:

Order Block Detection: Finds bullish and bearish order blocks after periods of consolidation.
Volume Analysis: Supports three calculation methods — Simple, Relative (to average volume), and Weighted — to gauge volume strength.
Breakout Filtering: Confirms breakouts only when accompanied by above-threshold volume.
Visual Markers: Plots color-coded boxes on the chart showing the breakout zone with live volume multipliers.
Customizable Settings: Adjustable lookback periods, breakout threshold, maximum number of displayed blocks, and volume sensitivity.
Usage:
Apply to your chart with your desired timeframe.
Watch for green boxes (bullish breakouts) and red boxes (bearish breakouts).
Boxes are removed if price mitigates them (invalidated by opposite movement).
Works on all instruments and timeframes, especially effective in volatile markets for breakout traders.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.