Cari dalam skrip untuk "Volume"
EGX30 Volume BY Sherif RaoufThe indicator can read volume for EGX30 with any time frame ( 10,15,30 mins ... etc. )
Cumulative VolumeThe script shows how to accumulate volume values during a defined session/period.
The input is the period to use for accumulation. "D" is the default value, useful to view data for each session.
SVA - Simple Volume Analyzer, by BlueJayBird [bjb] ENGLISH & SPANISH
------------------------------------- ENSLIGH
The idea was initially inspired in the concepts shared by @LazyBear on his indicator "Better Volume Indicator" (). But I found it somewhat complicated and dull. So I came up with this.
Concept:
It changes the color of volume bars based on surrounding volume changes.
Volume changes are plotted as volume MAs lines in the volume pane.
Whenever the volume is higher than these MAs, the bar changes color.
For this reason, the bar color change is RELATIVE TO the surroundings, because the color change depends on how far the MA has been extended due to sudden (or not) changes in the volume.
BAR COLORS:
Weak Green and Red: Low volume. The calm before or after the storm.
Normal Green and Red: Mid volume. Still low volume, you may get bored.
Yellow: High volume. Players are playing hard and harder.
White: Ultra-High Volume. The elephants stepped in.
NOTES:
SVA works better at lower timeframes. Though as far as I can tell, it works pretty well as far as 1D timeframe.
------------------------------------- SPANISH
La idea estuvo inicialmente inspirada en los conceptos expuestos por @LazyBear en su indicador "Better Volume Indicator" (). Pero lo encontré un poco complicado y falto de claridad. Así que me inventé este.
Conceptp:
Cambia el color de las barras basándose en los últimos cambios de volumen.
Los cambios de volumen son ploteados como lineas de medias móviles (MAs, es decir "Moving Averages") en la sección del volumen (chart pane).
En cualquier momento que el volumen es mayor que estos MAs, el color de las barras cambia.
Por esta razon, el cambio de color de las barras es RELATIVO a lo que está sucediendo alrededor, ya que el cambio de color depende de qué tan lejos el MA se haya extendido por causa de los últimos cambios (o no) de volumen.
BAR COLORS:
Verde y rojo apagados: Volumen bajo (Low Volume). La calma antes de la tormenta.
Verde y rojo normales: Volumen medio (Mid volume). Volumen todavía bajo. Es posible que te aburras.
Amarillo: Volumen alto (High Volume). Los jugadores están jugando duro.
Blanco: Volumen ultra-alto (Ultra-High Volume). Los elefantes entran a la cancha.
NOTAS:
SVA funciona mejor en temporalidades menores. Pero por lo que he visto, funciona bien hasta la temporalidad de 1D.
Relative Volume Candles [QuantVue]In the words of Dan Zanger, "Trying to trade without using volume is like trying to drive a few hundred miles without putting gas in your tank. Trying to trade without chart patterns is like leaving without having an idea how to get there!"
Volume tends to show up at the beginning and the end of trends. As a general rule, when a stock goes up on low volume, it's seen as negative because it means buyers aren't committed. When a stock goes down on low volume, it means that not many people are trying to sell it, which is positive.
The Relative Volume Candles indicator is based on the Zanger Volume Ratio and designed to help identify key volume patterns effortlessly, with color coded candles and wicks.
The indicator is designed to be used on charts less than 1 Day and calculates the average volume for the user selected lookback period at the given time of day. From there a ratio of the current volume vs the average volume is used to determine the candle’s colors.
The candles wicks are color coded based on whether or not the volume ratio is rising or falling.
So when is it most important to have volume? When prices break out of a consolidation pattern like a bull flag or cup and handle pattern, volume plays a role. When a stock moves out of a range, volume shows how committed buyers are to that move.
Note in order to see this indicator you will need to change the visual order. This is done by selecting the the 3 dots next to the indicator name, scrolling down to visual order and selecting bring to front.
Indicator Features
🔹Selectable candle colors
🔹Selectable ratio levels
🔹Custom lookback period***
***TradingView has a maximum 5,000 bar lookback for most plans. If you are on a lower time frame chart and you select a lookback period larger than 5,000 bars the indicator will not show and you will need to select a shorter lookback period or move to a higher time frame chart.
Give this indicator a BOOST and COMMENT your thoughts!
We hope you enjoy.
Cheers!
Multi-Layer Volume Profile [BigBeluga]A powerful multi-resolution volume analysis tool that stacks multiple profiles of historical trading activity to reveal true market structure.
This indicator breaks down total and delta volume distribution across time at four adjustable depths — enabling traders to spot major POCs, volume shelves, and zones of price acceptance or rejection with unmatched clarity.
🔵 KEY FEATURES
Multi-Layer Volume Profiles:
Up to 4 separate volume profiles are stacked on the chart:
- Profile 1: Full period
- Profile 2: Half-length
- Profile 3: Quarter-length
- Profile 4: One-eighth-length
This layering helps traders assess confluence across different time horizons.
Custom Bin Resolution:
Each profile uses a customizable number of bins to control visual precision.
More bins = higher granularity, fewer bins = smoother profile.
Precise POC Highlighting:
The price level with the maximum traded volume in each profile is highlighted with a thick blue POC line.
This key level shows the most accepted price for each period.
Total and Delta Volume Labels:
- Total Volume: Displays cumulative volume over the profile period at the top of the profile box.
- Delta Volume: The difference between bullish and bearish volume is labeled at the base, showing directional pressure.
Positive delta = buyer dominance, negative delta = seller dominance.
Range Levels:
Each profile includes horizontal reference lines showing its high, low, bounds.
These edges often align with price reaction zones and become future resistance/support.
🔵 HOW IT WORKS
For each active profile, the indicator:
- Collects price range (highs/lows) across the selected `length`
- Divides this range into equal bins
- Assigns volume into bins based on candle close location
- Aggregates volume per bin to form the profile (polylines)
Separately tracks:
- Total volume (sum of all candles in range)
- Delta volume (sum of candle volumes: positive for bullish, negative for bearish closes)
Highlights the bin with maximum volume (POC)
and marks it with a thick blue line.
Adds auxiliary lines for high/low of each profile box
and total/delta volume tags with tooltips.
🔵 USAGE
Spot Acceptance Zones:
Thick, flat areas on the profile show where price stayed longest — ideal for building positions.
Identify Rejection Zones:
Thin volume areas signal price rejection and are often used for stop placement or entries.
Delta Confirmation:
Use strong positive/negative delta readings as directional bias confirmation for breakout trades.
Confluence Detection:
Watch for overlapping POCs between layers to identify extremely strong support/resistance zones.
🔵 CONCLUSION
Multi-Layer Volume Profile equips traders with a deeply layered market structure view.
Whether you're scalping intraday levels or analyzing macro support zones, the ability to stack volume perspectives, visualize directional delta, and anchor POCs provides an edge in anticipating market moves.
Use this tool to validate entries, confirm structure, and make more informed, volume-aware trading decisions.
High Volume Candles Detector - Open Source CodeGreetings, fellow traders!
Throughout my trading career, I've been intrigued by the dynamic interplay between candlestick patterns and trading volume. This fascination led me to develop an open-source indicator to help illuminate these patterns for the broader trading community.
Upon researching the Public Library, I found that many indicators relating to candlestick/volume analysis are proprietary and not open-source. This discovery further fueled my commitment to contribute a free, accessible tool that traders of all levels can utilize in their technical analysis.
Thus, I am excited to present to you our High Volume Bars Indicator. A unique tool that I believe fills a gap in the Public Library. I truly hope you find it beneficial in your trading journey and that it empowers you to make more informed decisions.
Description:
The High Volume Bars Detector is designed to help traders identify bars with significantly higher volume than the average. Users can filter in the settings menu:
1) The length of the Simple Moving Average (SMA) for volume, allowing you to define the average volume over a specific number of bars.
2) The Volume Multiplier, a factor that determines how much greater the volume of a bar should be compared to the SMA to qualify as a high-volume bar.
3) The Lookback Period, a specified number of candles used as a comparative benchmark for identifying the highest volume.
4) If the Volume bar is green or red, so if the candle price is --> close > open or open > close
Examples to better understand the logic of the indicator:
1) Length of the Simple Moving Average (SMA) for Volume: This setting allows you to define the average volume over a specific number of bars. For instance, if you set the SMA length to 20, the indicator will calculate the average volume of the past 20 bars and use it as a baseline to identify high volume bars.
2) Volume Multiplier: This is a critical factor that determines the threshold for what constitutes a high-volume bar. If you set the volume multiplier to 2.0, for example, the indicator will flag any bar where the volume is twice the value of the SMA volume as a high-volume bar.
3) Lookback Period: This setting lets you specify the number of candles that the indicator should consider when determining the highest volume. For instance, if the lookback period is set to 14, the indicator will compare the volume of the current bar with the volumes of the previous 14 bars. If the current bar's volume is the highest, it will be flagged.
4) Volume Bar Color: This filter helps you identify whether a high-volume bar is bullish or bearish. If the bar is green (close > open), it suggests buyers were dominant during that period. If the bar is red (open > close), it suggests sellers had the upper hand. By setting this filter, you can choose to focus on high volume bars that are either bullish (green) or bearish (red) or both, depending on your trading strategy.
Remember, these filters offer a level of customization that allows you to tailor the High Volume Bars Detector to your unique trading style and requirements. Always remember to adapt these settings to align with your overall trading plan and risk tolerance.
Keep attention!
It is important to note that no trading indicator or strategy is foolproof, and there is always a risk of losses in trading. While this indicator may provide useful information for making conclusions, it should not be used as the sole basis for making trading decisions. Traders should always use proper risk management techniques and consider multiple factors when making trading decisions.
Support me:)
If you find this new indicator helpful in your trading analysis, I would greatly appreciate your support! Please consider giving it a like, leaving feedback, or sharing it with your trading network. Your engagement will not only help me improve this tool but will also help other traders discover it and benefit from its features. Thank you for your support!
Relative Volume - VPA / VSA / Better VolumeVolume is important.
Volume is VERY important.
But all the existing methods of volume analysis and order flow analysis fall into the same trap: they're all extremely complicated, hard to learn, and difficult for the human brain to distill down to an actual, tradable signal.
The Relative Volume Gradient Paintbars indicator seeks to address this issue by reducing and simplifying concepts from Volume Price Analaysis (VPA), Volume Spread Analysis (VSA), and Market Profile / Volume Profile into a single indication with varying levels of intensity. Rather than adding more complex symbology and cluttering up your charts with arrows and signals and lines as many volume indicators do, relative volume intuitively takes advantage of the dimension of color, and plays to your brain's automatic recognition of color intensity to highlight areas of interest on a chart where large volumes are being traded. These areas can in turn point out levels of support and resistance, or show strength in a move, exposing the actions of larger market participants that are behind a move.
The Relative Volume indicator can calculate based on a time-segmented / time-based / bar-specific average of volume, adjusting for some of the typical spikes in volume that happen at the beginning and end of a trading day; Or it can be calculated based on any length and type of moving average of volume that is desired: simple, exponential, weighted, Wilders, price-weighted, Hull, or TEMA.
This indicator does more than just normal relative share volume. It can also do relative volume-per-range. The idea behind this setting is that when more volume is being traded but very little movement is happening, this can indicate substantial support or resistance, where a lot of trades are likely being absorbed by larger operators. You can choose your own range calculation for this setting, whether you prefer True Range, high-low range, candle body range, close to close range, or any of several other custom settings.
Moreover, the levels or thresholds at which the color intensity changes are completely user-controlled, so you can adjust them upward to tune out more noise, or downward to increase the level of sensitivity. In addition, all of the colors for each of the thresholds are completely user-controlled.
We hope to see TradingView add support for Richard Arms' CandleVolume or Equivolume before too long, as well as Tick Volume or Trade Count Volume data, all of which can add a lot of power to this method of trading.
Volume Profile (PRO) [ActiveQuants]The Volume Profile (PRO) indicator is an advanced analytical tool designed to provide traders with a deep understanding of market dynamics by displaying trading activity across different price levels over a specified period. By meticulously plotting volume distribution , this indicator helps identify significant price zones, such as areas of high acceptance ( High Volume Nodes - HVNs ), rejection ( Low Volume Nodes - LVNs ), Volume Peaks Clusters , Volume Troughs Clusters , the Point of Control (POC) , and the Value Area (VA) . This insight is crucial for spotting potential support/resistance levels, assessing market sentiment, and making more informed trading decisions.
This indicator operates on the principle that price levels with higher traded volume hold greater significance, often acting as pivotal points for future price movements. Conversely, areas with low volume typically indicate less agreement on price, leading to quicker price transitions. The Volume Profile (PRO) offers extensive customization to tailor the analysis to your specific needs and trading style.
█ KEY FEATURES
Comprehensive Volume Analysis: Visualize volume distribution horizontally, revealing key price levels based on actual traded volume.
Dynamic Profile Calculation: Uses a rolling lookback period to keep the profile relevant to recent price action.
Point of Control (POC): Automatically identifies and plots the price level with the highest traded volume within the profile period. Available as a "Regular" (fixed for the current profile) or "Developing" line that tracks its evolution bar-by-bar.
Value Area (VA): Highlights the price range where a specified percentage (typically 70%) of the total volume was traded. Also available as "Regular" or "Developing" VAH (Value Area High) and VAL (Value Area Low) lines.
High and Low Volume Nodes (HVNs & LVNs): Option to automatically detect and highlight a specified number of the highest volume concentration zones (HVNs) and lowest volume zones (LVNs) within the profile. These are crucial for identifying support/resistance and areas of potential quick price movement.
Volume Peaks and Troughs Detection: Identify statistically significant high-volume (Peaks) and low-volume (Troughs) rows relative to their neighbors, either as single rows or clusters. These can pinpoint precise levels of interest.
Multiple Volume Display Types: Choose to display volume as:
- Up/Down: Shows buying and selling volume side-by-side for each row.
- Total: Shows the aggregate volume for each row.
- Delta: Shows the difference between buying and selling volume for each row, highlighting imbalances.
Extensive Customization: Fine-tune lookback period, number of rows, profile width, horizontal placement, Value Area percentage, colors for all elements, and specific parameters for node/peak/trough detection.
Visual Enhancements:
- Optional gradient colors for volume bars.
- Display volume figures directly on rows.
- Background shading for the Value Area and the entire Profile range.
- Price labels for POC, VAH, VAL, Profile High, and Profile Low.
Integrated Alert System: Pre-built alert conditions for critical volume profile events. (See section on "█ SETTING UP ALERTS " for more details).
█ USER INPUTS
The settings panel is organized into distinct sections:
- Calculation Settings:
Lookback: Number of most recent bars for profile calculation.
Number of Rows: Resolution of the volume profile.
Profile Width: Relative horizontal length of the volume bars.
Horizontal Offset: Horizontal positioning of the profile.
Value Area (%): Percentage of volume to include in the Value Area.
Volume: Display type ("Up/Down", "Total", "Delta").
Profile Placement: "Right" or "Left" side of the chart.
- Appearance:
Volume Profile On/Off: Toggle visibility of the entire profile.
Rows Border Width & Color: Customize the outline of volume rows.
Gradient Colors: Enable/disable gradient coloring for volume bars.
Row Volume: Display numerical volume on each row.
VAH (Value Area High): Display type ("None", "Regular", "Developing"), Color, Price Label, Line Width.
VAL (Value Area Low): Display type ("None", "Regular", "Developing"), Color, Price Label, Line Width.
Profile High Price Label & Color: Toggle and customize.
Profile Low Price Label & Color: Toggle and customize.
Value Area Up/Down Color: Colors for up/down volume within VA.
Profile Up/Down Color: Colors for up/down volume outside VA.
Total Volume Color: For "Total" volume display type.
Delta Volume Positive/Negative Color: For "Delta" volume display type.
POC (Point of Control): Display type ("None", "Regular", "Developing"), Color, Line Width, Price Label.
Value Area Background & Color: Enable and customize VA background shading.
Profile Background & Color: Enable and customize profile range background shading.
Volume Nodes:
Highest Volume Nodes & Color: Number of HVNs to highlight and their color.
Lowest Volume Nodes & Color: Number of LVNs to highlight and their color.
Volume Peaks: Detection type ("None", "Single Row", "Cluster"), Color.
Compared Neighbors (Peaks): Number of neighboring rows to compare against for peak detection.
Minimum Peak Ratio (Peaks): Volume ratio required for a row to be considered a peak.
Volume Troughs: Detection type ("None", "Single Row", "Cluster"), Color.
Compared Neighbors (Troughs): Number of neighboring rows to compare against for trough detection.
Minimum Trough Ratio (Troughs): Volume ratio required for a row to be considered a trough.
█ SETTING UP ALERTS
The Volume Profile (PRO) indicator comes with a comprehensive set of pre-configured alert conditions to notify you of key market events related to volume structure. To set up an alert:
Click the " Alert " button (clock icon) on TradingView's right-hand toolbar or top panel.
In the " Condition " dropdown, select " Volume Profile (PRO) ".
A second dropdown will appear, allowing you to choose from the following specific alert conditions built into the script:
- POC Price Change: Triggers when the Point of Control price level changes.
- POC Crossover: Triggers when the closing price crosses over the POC line and is now above it.
- POC Crossunder: Triggers when the closing price crosses under the POC line and is now below it.
- Close Inside Value Area: Triggers when the closing price enters the Value Area.
- Close Outside Value Area: Triggers when the closing price exits the Value Area.
- Close Inside High Volume Node: Triggers when the closing price enters a detected High Volume Node.
- Close Inside Low Volume Node: Triggers when the closing price enters a detected Low Volume Node.
- Close Inside Volume Peak: Triggers when the closing price enters a detected Volume Peak row.
- Close Inside Volume Peak Cluster: Triggers when the closing price enters the area of a Volume Peak cluster.
- Close Inside Volume Trough: Triggers when the closing price enters a detected Volume Trough row.
- Close Inside Volume Trough Cluster: Triggers when the closing price enters the area of a Volume Trough cluster.
Choose your preferred " Trigger " option:
- " Only Once ": The alert triggers the first time the condition is met.
- " Once Per Bar Close ": ( Recommended for most profile signals ) The alert triggers only after the current bar closes if the condition was true on that closed bar. This ensures signals are based on confirmed price action.
Customize the alert name, message, and notification preferences.
Click " Create ".
█ STRATEGY EXAMPLES
The following examples are for illustrative purposes only to demonstrate how the Volume Profile (PRO) can be used. They are not financial advice. Always conduct thorough backtesting and research.
1. POC as Dynamic Support/Resistance
Goal: Identify potential bounces or rejections from the Point of Control.
Setup: Enable "POC Line" (Regular or Developing) and observe price interaction.
Entry (Long):
- Price approaches the POC from above and shows signs of holding (e.g., bullish candlestick patterns, deceleration).
- Enter on confirmation of support at the POC.
Entry (Short):
- Price approaches the POC from below and shows signs of rejection (e.g., bearish candlestick patterns).
- Enter on confirmation of resistance at the POC.
Management: Stop-loss beyond the recent swing pivot or the POC itself after a confirmed break. Target the next significant volume node (HVN/LVN) or Value Area boundary.
2. Trading Low Volume Nodes (LVNs) as "Vacuum Zones"
Goal: Capitalize on rapid price movement through LVNs and their potential to become support/resistance once traversed.
Setup: Enable "Lowest Volume Nodes" to identify LVNs.
Entry (Long):
- Price breaks decisively above an LVN.
- Look for a retest of the top of the LVN as support. Enter long on confirmation.
Entry (Short):
- Price breaks decisively below an LVN.
- Look for a retest of the bottom of the LVN as resistance. Enter short on confirmation.
Concept: Price is expected to move quickly through LVNs (volume vacuum). Once price has passed through an LVN, that area of prior low acceptance can act as a new support/resistance zone.
Management: Stop-loss beyond the retested LVN. Target the next HVN or significant price level.
█ CONCLUSION
The Volume Profile (PRO) indicator offers a sophisticated and highly customizable approach to volume analysis. By providing clear visualizations of POC, Value Area, HVNs, LVNs, and Volume Peaks/Troughs, along with integrated alerts and developing levels, this tool empowers traders to identify critical price zones, understand market structure, and develop more nuanced trading strategies. Whether you're looking for precise entry points, areas of support and resistance, or confirmation of market sentiment, this Volume Profile indicator is an invaluable addition to your technical analysis toolkit.
█ IMPORTANT NOTES
⚠ Lookback vs. Calculated Bars Relationship: The value set in the " Lookback " input ( Calculation Settings ) must be less than half of the number of bars the indicator is set to calculate on your chart (referred to as " Calculated bars " in the script, typically controlled by TradingView's historical data loading or a calc_bars_count setting within the script's indicator() declaration – in this script, it is 1200 bars by default). For example, if "Calculated bars" is 1200, your Lookback should be less than 600. The default Lookback of 500 respects this. Setting a Lookback too high relative to available calculated bars can lead to errors or incorrect profile rendering.
⚠ Parameter Optimization: The default settings are starting points. Always adjust indicator parameters (Lookback, Number of Rows, VA%, etc.) based on the specific asset, its volatility, and the timeframe you are trading. Thorough backtesting is crucial.
⚠ Context is Key: Volume Profile is powerful, but its signals are best interpreted within the broader market context (trend, news, other technical indicators).
⚠ Lookback vs. Profile Stability: A shorter lookback makes the profile very responsive to recent action but less stable. A longer lookback provides more stable levels but may lag in fast-moving markets.
⚠ Number of Rows: Higher row counts offer more granularity but can impact performance and may show too much noise. Lower row counts offer a broader view but may obscure finer details.
⚠ Alert Confirmation: Using " Once Per Bar Close " for alerts is generally recommended to ensure signals are based on confirmed price action.
█ RISK DISCLAIMER
Trading involves a substantial risk of loss and is not suitable for all investors. The Volume Profile (PRO) indicator is provided for educational and informational purposes only . It does NOT constitute financial advice or a recommendation to buy or sell any asset. Indicator signals identify potential patterns based on historical data but do not guarantee future price movements or profitability. Always conduct your own thorough research, utilize multiple sources of information, and implement robust risk management practices before making any trading decisions. Past performance is not indicative of future results.
📊 Happy trading! 🚀
Cumulative Volume Delta (CVD)█ OVERVIEW
Cumulative Volume Delta (CVD) is a volume-based trading indicator that provides a visual representation of market buying and selling pressure by calculating the difference in traded volumes between the two sides. It uses intrabar information to obtain more precise volume delta information than methods using only the chart's timeframe.
Volume delta is the net difference between Buy Volume and Sell Volume. Positive volume delta indicates that buy volume is more than sell volume, and opposite. So Cumulative Volume Delta (CVD) is a running total/cumulation of volume delta values, where positive VD gets added to the sum and negative VD gets subtracted from the sum.
I found simple and fast solution how to calculate CVD, so made plain and concise code, here is CVD function :
cvd(_c, _o, _v) =>
var tcvd = 0.0, delta = 0.0
posV = 0.0, negV = 0.0
totUV = 0.0, totDV = 0.0
switch
_c > _o => posV += _v
_c < _o => negV -= _v
_c > nz(_c ) => posV += _v
_c < nz(_c ) => negV -= _v
nz(posV ) > 0 => posV += _v
nz(negV ) < 0 => negV -= _v
totUV += posV
totDV += negV
delta := totUV + totDV
cvd = tcvd + delta
tcvd += delta
cvd
where _c, _o, _v are close, open and volume of intrabar much lower timeframe.
Indicator uses intrabar information to obtain more precise volume delta information than methods using only the chart's timeframe.
Intrabar precision calculation depends on the chart's timeframe:
CVD is good to use together with open interest, volume and price change.
For example if CVD is rising and price makes good move up in short period and volume is rising and open interest makes good move up in short period and before was flat market it is show big chance to pump.
High volume candles.
High Volume Candles Indicator:
This is a simple tool that shows you when there's a lot of action in the market. It highlights the candles with the highest trading volume on your chart.
What It Does:
Picks the Busiest Candle: It points out the candle with the most trading in your set time.
Shows Buying and Selling: Green for lots of buying, red for lots of selling.
You Choose the Time Frame: Whether it's a few candles or many, it's up to you.
Best Part - Alerts:
Get Notified: The cool thing? It'll alert you when these big volume candles happen. You won't miss the important moments.
Use this to keep track of when things are really moving in the market, without having to watch your screen all the time.
SaAy New Volume ComputationOverview of the Indicator
The "SaAy New Volume Computation" is a trading tool designed to give traders a clear understanding of market volume movements. It overlays on the main trading chart, providing insights into buying and selling pressures.
Key Features of the Indicator
Up and Down Volume Analysis
Buying Pressure (Up Volume) : This metric totals the trading volume on days when the market closes higher than it opens, indicating a bullish or positive market sentiment.
Selling Pressure (Down Volume) : Conversely, this measures the trading volume on days when the market closes lower than it opens, reflecting a bearish or negative sentiment.
Comparative Volume Analysis
Average Volume Comparison : The indicator also compares recent trading volume with the average volume over a set period. This comparison helps identify whether the current trading volume is unusually high or low compared to normal conditions.
Practical Use for Traders
Market Sentiment Understanding : By analyzing the up and down volumes, traders can get a sense of whether the market is dominated by buyers (bulls) or sellers (bears).
Volume Trend Identification: Comparing current trading volumes with the average volume can help traders spot trends or significant changes in market activity. For example, a higher than average volume on a day with rising prices might suggest strong buying interest and a possible continuation of the upward trend.
Conclusion
Overall, the "SaAy New Volume Computation" indicator is a valuable tool for traders. It simplifies the complex task of volume analysis, providing easy-to-understand metrics that indicate market trends and trader sentiment. This can help traders make more informed decisions and better understand the dynamics of the markets they are trading in.
Realtime Volume Bars w Market Buy/Sell/Neutral split & Mkt Delta
What is it?
A tool that shows Real-time Volume bars split into 3 components: (1) Market Buy Volume - i.e., the volume that got transacted on upticks; (2) Market Sell Volume - i.e., the volume that got transacted on downticks;
and, (3) Neutral Volume - i.e., the volume that got transacted without a change in price. (This feature can be turned off if you want normal volume bars).
Market delta (i.e., Market Buy Volume - Market Sell Volume) is also displayed above each volume bar. (On by default; can be switched off from Settings)
The split and Market Delta data are ONLY AVAILABLE FOR REAL-TIME BARS. Historical bars are shown just like regular ones. The dotted line marks the start of real-time data (i.e., the bar from which the indicator started collecting and displaying data). You will see accurate data for bars to the right of this line. The longer you keep a chart open with the study enabled, the more data it collects and displays, and the better your analysis can potentially be.
Note that the data gets reset every time any of the options is changed, the market is switched, the browser is refreshed, or the script is reloaded
DATA ISN'T STORED. I.e., every time a new symbol is loaded, the previous symbol's data is lost. So if you intend to monitor a symbol, you would need to keep it loaded all the time.
Who is it for?
For traders who are used to analyzing buy/sell activity using market buy/sell volume and market delta information
Although you can use this independently as well, use it in conjunction with "Market Delta Volume for Realtime Bars" indicator to get a better visual representation of the numbers.
Approx. Footprint: Volume DeltaThis indicator brings you a simplified “footprint” view by charting the volume delta—the imbalance between bullish and bearish volume—alongside total bar volume.
Delta Bars: Green/red columns show where buyers (close > open) or sellers (close < open) dominated each bar.
Total Volume: Semi-transparent gray columns in the background give you overall context.
No Hidden Data: Works on any symbol/timeframe without tick-by-tick or bid/ask feeds.
Use it to quickly spot bars with strong buying or selling pressure, identify momentum shifts, and confirm breakouts or reversals—all within TradingView’s standard volume streams.
Volume Delta Candles HTF [TradingFinder] LTF Volume Candles 🔵 Introduction
In financial markets, understanding the concepts of supply and demand and their impact on price movements is of paramount importance. Supply and demand, as fundamental pillars of economics, reflect the interaction between buyers and sellers.
When buyers' strength surpasses that of sellers, demand increases, and prices tend to rise. Conversely, when sellers dominate buyers, supply overtakes demand, causing prices to drop. These interactions play a crucial role in determining market trends, price reversal points, and trading decisions.
Volume Delta Candles offer traders a practical way to visualize trading activity within each candlestick. By integrating data from lower timeframes or live market feeds, these candles eliminate the need for standalone volume indicators.
They present the proportions of buying and selling volume as intuitive colored bars, making it easier to interpret market dynamics at a glance. Additionally, they encapsulate critical metrics like peak delta, lowest delta, and net delta, allowing traders to grasp the market's internal order flow with greater precision.
In financial markets, grasping the interplay between supply and demand and its influence on price movements is crucial for successful trading. These fundamental economic forces reflect the ongoing balance between buyers and sellers in the market.
When buyers exert greater strength than sellers, demand dominates, driving prices upward. Conversely, when sellers take control, supply surpasses demand, and prices decline. Understanding these dynamics is essential for identifying market trends, pinpointing reversal points, and making informed trading decisions.
Volume Delta Candles provide an innovative method for evaluating trading activity within individual candlesticks, offering a simplified view without relying on separate volume indicators. By leveraging lower timeframe or real-time data, this tool visualizes the distribution of buying and selling volumes within a candle through color-coded bars.
This visual representation enables traders to quickly assess market sentiment and understand the forces driving price action. Buyer and seller strength is a critical concept that focuses on the ratio of buying to selling volumes. This ratio not only provides insights into the market's current state but also serves as a leading indicator for detecting potential shifts in trends.
Traders often rely on volume analysis to identify significant supply and demand zones, guiding their entry and exit strategies. Delta Candles translate these complex metrics, such as Maximum Delta, Minimum Delta, and Final Delta, into an easy-to-read visual format using Japanese candlestick structures, making them an invaluable resource for analyzing order flows and market momentum.
By merging the principles of supply and demand with comprehensive volume analysis, tools like the indicator introduced here offer unparalleled clarity into market behavior. This indicator calculates the relative strength of supply and demand for each candlestick by analyzing the ratio of buyers to sellers.
🔵 How to Use
The presented indicator is a powerful tool for analyzing supply and demand strength in financial markets. It helps traders identify the strengths and weaknesses of buyers and sellers and utilize this information for better decision-making.
🟣 Analyzing the Highest Volume Trades on Candles
A unique feature of this indicator is the visualization of price levels with the highest trade volume for each candlestick. These levels are marked as black lines on the candles, indicating prices where most trades occurred. This information is invaluable for identifying key supply and demand zones, which often act as support or resistance levels.
🟣 Trend Confirmation
The indicator enables traders to confirm bullish or bearish trends by observing changes in buyer and seller strength. When buyer strength increases and demand surpasses supply, the likelihood of a bullish trend continuation grows. Conversely, decreasing buyer strength and increasing seller strength may signal a potential bearish trend reversal.
🟣 Adjusting Timeframes and Calculation Methods
Users can customize the indicator's candlestick timeframe to align with their trading strategy. Additionally, they can switch between moving average and current candle modes to achieve more precise market analysis.
This indicator, with its accurate and visual data display, is a practical and reliable tool for market analysts and traders. Using it can help traders make better decisions and identify optimal entry and exit points.
🔵 Settings
Lower Time Frame Volume : This setting determines which timeframe the indicator should use to identify the price levels with the highest trade volume. These levels, displayed as black lines on the candlesticks, indicate prices where the most trades occurred.
It is recommended that users align this timeframe with their primary chart’s timeframe.
As a general rule :
If the main chart’s timeframe is low (e.g., 1-minute or 5-minute), it is better to keep this setting at a similarly low timeframe.
As the main chart’s timeframe increases (e.g., daily or weekly), it is advisable to set this parameter to a higher timeframe for more aligned data analysis.
Cumulative Mode :
Current Candle : Strength is calculated only for the current candlestick.
EMA (Exponential Moving Average) : The strength is calculated using an exponential moving average, suitable for identifying longer-term trends.
Calculation Period : The default period for the exponential moving average (EMA) is set to 21. Users can modify this value for more precise analysis based on their specific requirements.
Ultra Data : This option enables users to view more detailed data from various market sources, such as Forex, Crypto, or Stocks. When activated, the indicator aggregates and displays volume data from multiple sources.
🟣 Table Settings
Show Info Table : This option determines whether the information table is displayed on the chart. When enabled, the table appears in a corner of the chart and provides details about the strength of buyers and sellers.
Table Size : Users can adjust the size of the text within the table to improve readability.
Table Position : This setting defines the table’s placement on the chart.
🔵 Conclusion
The indicator introduced in this article is designed as an advanced tool for analyzing supply and demand dynamics in financial markets. By leveraging buyer and seller strength ratios and visually highlighting price levels with the highest trade volume, it aids traders in identifying key market zones.
Key features, such as adjustable analysis timeframes, customizable calculation methods, and precise volume data display, allow users to tailor their analyses to market conditions.
This indicator is invaluable for analyzing support and resistance levels derived from trade volumes, enabling traders to make more accurate decisions about entering or exiting trades.
By utilizing real market data and displaying the highest trade volume lines directly on the chart, it provides a precise perspective on market behavior. These features make it suitable for both novice and professional traders aiming to enhance their analysis and trading strategies.
With this indicator, traders can gain a better understanding of supply and demand dynamics and operate more intelligently in financial markets. By combining volume data with visual analysis, this tool provides a solid foundation for effective decision-making and improved trading performance. Choosing this indicator is a significant step toward refining analysis and achieving success in complex financial markets.
USD VolumeA volume tool but the candles represent Volume in USD Format which is usually
here are some examples of what the numbers represent on the right-hand side.
.01 = $10,000
.5 = $500,000
1 = $1,000,000
50 = $50,000,000
250 = $250,000,000
1000 = $1,000,000,000
The lower line is the "Average Volume" based on lifetime history. Anytime volume is below average, this likely denotes most people have capitulated or the markets have grown bored at these price ranges. A squeeze in volume primes the asset for a big move.
The upper line is the 3rd standard of Deviation from the average line. Anytime volume touches that line or goes higher, this denotes its a very big move relative to how the asset typically trades. If the volume stays above this range for an extended period of time, it would be wise to watch the chart closely and start taking profits off the table whether you're shorting or longing the asset.
Delta Volume by SiddWolfDelta Volume is Difference between Buying Volume and Selling Volume. This indicator gives the Delta Volume based on Lower TimeFrame Candles. It utilizes security_lower_tf() function, a function that provides Lower TF candle data in Higher TF Chart.
security_lower_tf() is a new function provided by TradingView yesterday. If you are a PineScript Programmer, I suggest you to read about it, as it is a very powerful function that can extremely improve your trading strategy.
How this indicator works:
This indicator checks volume data on lower TimeFrame Candles and Shows it's delta in the current Chart Timeframe. For example: If you open 4 hours chart, this indicator checks volume of 1 minute chart and separates Buying-Selling volume. Then it subtracts Candle's Selling volume from Candle's Buying volume, finally calculating the Delta Volume.
This indicator also provides a Smooth Delta Volume, which is moving average of Delta Volume. As Delta Volume changes a lot, Smooth Delta Volume can be very helpful for identifying Trends . Goto settings and in "Show" section select "Smooth Delta Volume" to lay it on the chart.
Settings is the Key:
Settings are key to all of my indicators. Play around with it a bit. You can change what to show on the chart from settings. Smooth Delta Volume moving average length can be changed from the settings. You can also select "Show as Percentage", which shows Delta Volume as Percentage of Overall Candle's Volume. If you use Weekly or Monthly Timeframe, change increase lower timeframe from settings. Read the tooltips to understand what each settings mean. Tooltips are the (i) button in-front of each settings.
FAQs:
Q. Does the indicator Repaint ?
--- No. None of my indicators repaints. What you see now is what's drawn in real time.
Q. What TimeFrame is Best for this Indicator ?
--- It can be used on timeframes from 5 minutes to higher. But I would prefer to use it from timeframes higher than 30 minutes, as it gathers data from 1 minute TF.
Q. Indicator doesn't show anything ?
--- This indicator only works on security with Volume data. Also use it from higher timeframe than specified in Settings, because Volume Delta is calculated using Data from Lower TimeFrame.
Q. Delta volume is not provided by TradingView, So how exactly does this indicator work?
--- This indicator takes advantage of new pinescript function security_lower_tf(), and calculates volume for smaller timeframe data and calculates delta on higher timeframe.
Q. Does this indicator give financial advice?
--- No. Nope. Nein. Não. नहीं.
Conclusion:
This indicator is very basic but if used correctly it can be very powerful. If you have any questions or suggestions feel free to comment below. I'd love to connect with you. Thank you.
~ @SiddWolf
Volume Profile [ActiveQuants]The Volume Profile indicator visualizes the distribution of trading volume across price levels over a user-defined historical period. It identifies key liquidity zones, including the Point of Control (POC) (price level with the highest volume) and the Value Area (price range containing a specified percentage of total volume). This tool is ideal for traders analyzing support/resistance levels, market sentiment , and potential price reversals .
█ CORE METHODOLOGY
Vertical Price Rows: Divides the price range of the selected lookback period into equal-height rows.
Volume Aggregation: Accumulates bullish/bearish or total volume within each price row.
POC: The row with the highest total volume.
Value Area: Expands from the POC until cumulative volume meets the user-defined threshold (e.g., 70%).
Dynamic Visualization: Rows are plotted as horizontal boxes with widths proportional to their volume.
█ KEY FEATURES
- Customizable Lookback & Resolution
Adjust the historical period ( Lookback ) and granularity ( Number of Rows ) for precise analysis.
- Configurable Profile Width & Horizontal Offset
Control the relative horizontal length of the profile rows, and set the distance from the current bar to the POC row’s anchor.
Important: Do not set the horizontal offset too high. Indicators cannot be plotted more than 500 bars into the future.
- Value Area & POC Highlighting
Set the percentage of total volume required to form the Value Area , ensuring that key volume levels are clearly identified.
Value Area rows are colored distinctly, while the POC is marked with a bold line.
- Flexible Display Options
Show bullish/bearish volume splits or total volume.
Place the profile on the right or left of the chart.
- Gradient Coloring
Rows fade in color intensity based on their relative volume strength .
- Real-Time Adjustments
Modify horizontal offset, profile width, and appearance without reloading.
█ USAGE EXAMPLES
Example 1: Basic Volume Profile with Value Area
Settings:
Lookback: 500 bars
Number of Rows: 100
Value Area: 70%
Display Type: Up/Down
Placement: Right
Image Context:
The profile appears on the right side of the chart. The POC (orange line) marks the highest volume row. Value Area rows (green/red) extend above/below the POC, containing 70% of total volume.
Example 2: Total Volume with Gradient Colors
Settings:
Lookback: 800 bars
Number of Rows: 100
Profile Width: 60
Horizontal Offset: 20
Display Type: Total
Gradient Colors: Enabled
Image Context:
Rows display total volume in a single color with gradient transparency. Darker rows indicate higher volume concentration.
Example 3: Left-Aligned Profile with Narrow Value Area
Settings:
Lookback: 600 bars
Number of Rows: 100
Profile Width: 45
Horizontal Offset: 500
Value Area: 50%
Profile Placement: Left
Image Context:
The profile shifts to the left, with a tighter Value Area (50%).
█ USER INPUTS
Calculation Settings
Lookback: Historical bars analyzed (default: 500).
Number of Rows: Vertical resolution of the profile (default: 100).
Profile Width: Horizontal length of rows (default: 50).
Horizontal Offset: Distance from the current bar to the POC (default: 50).
Value Area (%): Cumulative volume threshold for the Value Area (default: 70%).
Volume Display: Toggle between Up/Down (bullish/bearish) or Total volume.
Profile Placement: Align profile to the Right or Left of the chart.
Appearance
Rows Border: Customize border width/color.
Gradient Colors: Enable fading color effects.
Value Area Colors: Set distinct colors for bullish and bearish Value Area rows.
POC Line: Adjust color, width, and visibility.
█ CONCLUSION
The Volume Profile indicator provides a dynamic, customizable view of market liquidity. By highlighting the POC and Value Area, traders can identify high-probability reversal zones, gauge market sentiment, and align entries/exits with key volume levels.
█ IMPORTANT NOTES
⚠ Lookback Period: Shorter lookbacks prioritize recent activity but may omit critical levels.
⚠ Horizontal Offset Limitation: Avoid excessively high offsets (e.g., close to ±300). TradingView restricts plotting indicators more than 500 bars into the future, which may truncate or hide the profile.
⚠ Risk Management: While the indicator highlights areas of concentrated volume, always use it in combination with other technical analysis tools and proper risk management techniques.
█ RISK DISCLAIMER
Trading involves substantial risk. The Volume Profile highlights historical liquidity but does not predict future price movements. Always use stop-loss orders and confirm signals with additional analysis. Past performance is not indicative of future results.
📊 Happy trading! 🚀
Volume Data Customized TimeframeThe "Volume Data Customized Timeframe" (VolData CTF) indicator provides traders with an enhanced volume analysis tool that aggregates buy and sell volume over a user-defined timeframe. It enables a comparative assessment of bullish and bearish volume trends, offering deeper insights into market sentiment. The indicator features a customizable display table with user-selectable themes and positioning, providing essential volume metrics for improved trading decisions.
1. Introduction:
The "Volume Data Customized Timeframe" indicator is designed to help traders analyze volume trends across different timeframes. It allows users to customize the period for volume calculations, view the ratio of selling to buying volume, and present the data in a user-friendly table format.
2. Features:
Selectable timeframe for volume analysis (default: chart timeframe)
Calculation of bullish (buy) and bearish (sell) volume
Customizable table size, theme, and positioning
Displays key volume metrics:
Total Buy Volume
Total Sell Volume
Sell/Buy Volume Ratio
Analysis period in minutes, days, weeks, or months
3. Indicator Inputs:
Average Volume Lookback (n): Number of bars used to calculate volume statistics.
Select Timeframe: Custom timeframe for volume calculations (leave empty to use the chart's timeframe).
Table Size: Choose from Small, Medium, or Big to adjust text size.
Table Theme: Choose between Light and Dark themes.
Table Position: Place the table in any corner of the chart (top-left, top-right, bottom-left, bottom-right).
4. How It Works:
The indicator retrieves volume data for the selected timeframe.
It aggregates bullish and bearish volume based on the lookback period.
The sell-to-buy volume ratio is calculated and color-coded (green for bullish dominance, red for bearish dominance).
The volume statistics are displayed in a customizable table for easy reference.
5. Interpretation:
Δ BUY VOL: Represents the total volume of bullish (up-closing) bars within the lookback period.
Δ SELL VOL: Represents the total volume of bearish (down-closing) bars within the lookback period.
Δ SELL/Δ BUY: The ratio of bearish to bullish volume; values above 1 indicate more selling pressure, while values below 1 indicate buying dominance.
Period (M/D/W/M): Displays the selected timeframe for volume aggregation.
Volume Buyer-Seller [GOODY]This indicator was designed to analyze buying and selling pressure through volume calculations, providing insights into market dynamics. It can be used to determine whether buyers or sellers dominate the market at any given time.
Key Features
1. Volume Calculations: This indicator calculates the volume attributable to buyers and sellers for each bar, then represents it as buying and selling columns on the chart. It also provides the average volume over a specified period for context.
2. Dominance Logic: By comparing the buying and selling volumes, the indicator determines which side (buyers or sellers) has dominance. If the difference between the two is within a specified threshold, the market is considered indecisive.
3. Dominance Marker: Circles or squares appear on the chart to indicate the dominant force, helping traders quickly assess market sentiment. The colors of these markers can be customized.
4. Label Display: The indicator displays a comprehensive label on the chart with information like total volume, buyer/seller percentages, average volume, ratio, and ATR (Average True Range) details. This label can show current or past data depending on user preference.
5. Ratio and Control: A critical component is the ratio, calculated as the proportion of buying volume to selling volume. This ratio is a key indicator of market sentiment, with an appended symbol to denote whether buyers or sellers are in control.
How to Use
• Settings: Adjust the settings to align with your trading strategy. You can modify the length for average volume, ATR, and other parameters to suit your trading style.
• Volume Analysis: Monitor the buying and selling columns to determine market activity. The larger columns indicate higher volume, suggesting a strong buying or selling pressure.
• Dominance: Pay attention to the dominance markers. Green markers indicate buying dominance, while red markers signify selling dominance. If the market is indecisive, the marker will be gray.
• Ratio: A ratio above 1 suggests buying dominance, while a ratio below 1 indicates selling dominance. The ratio's appended color tag helps quickly identify which side is in control.
• Labels: The labels provide a snapshot of key data, including total volume, buyer/seller percentages, average volume, ratio, and ATR. This information is helpful in understanding overall market conditions.
Reading the Indicator
• Buying and Selling Columns: These represent the respective volumes for each side. Positive columns are buying volumes, and negative columns are selling volumes.
• Dominance Circles: A circle appears at the zero baseline to show which side is currently dominant. A blue circle indicates buying dominance, while a red circle indicates selling dominance.
• Ratio with Dominance: The label includes a ratio with a tag showing who is in control. A green tag indicates buyers, and a red tag indicates sellers.
• ATR and Average Volume: The label provides additional context with ATR and average volume, helping you understand volatility and relative volume.
Volume Gauge Addition : Introduced a volume gauge display option to visualize the relative strength of buying vs. selling volumes. Users can toggle this feature on or off according to their analysis needs.
Total Volume
Metric: Displays "Total Vol."
Value: Shows the total trading volume for the current bar, formatted in a human-readable format (K for thousands, M for millions). Additionally, it shows the percentage of this volume relative to the average volume, aiding in understanding volume spikes or drops.
Usage: Compare current volume to historical averages to identify unusual market activity.
Average Volume
Metric: Displays "Avg Vol."
Value: Shows the simple moving average of the volume over a user-defined period, formatted similarly to Total Volume.
Usage: Helps determine if current volume is above or below average, indicating potential interest or disinterest in the asset.
Buyers
Metric: Displays "BUYERS."
Value: Shows the volume of buying calculated from the upward price movements within the bar, along with its percentage of the total volume.
Usage: Spot dominance in buying activity which might suggest bullish conditions.
Sellers
Metric: Displays "SELLERS."
Value: Shows the volume of selling calculated from the downward price movements within the bar, along with its percentage of the total volume.
Usage: Spot dominance in selling activity which might suggest bearish conditions.
Delta
Metric: Displays "Delta."
Value: Shows the difference between buying and selling volumes, providing a quick snapshot of which side of the market is exerting more pressure.
Usage: Use to gauge overall market sentiment and potential price direction.
Ratio
Metric: Displays "Ratio."
Value: Shows the ratio of buying volume to selling volume, providing insight into the relative strength of buyers vs. sellers.
Usage: Ratios significantly above or below 1 can indicate strong market biases.
ATR (Average True Range)
Metric: Displays "ATR."
Value: Shows the current ATR value to gauge volatility, with an arrow indicating the direction of change from the previous bar’s ATR.
Usage: Utilize to assess market volatility and potentially adjust trading strategies or risk management settings.
Dynamic Background Colors
The table employs dynamic background colors for certain metrics to visually represent data intensity or significance:
Total Volume: Changes color based on the percentage relative to the average volume.
Buyers/Sellers: The background color indicates whether buying or selling is dominant.
Delta and Ratio: Colors change based on their calculated values to reflect market conditions quickly.
What is Volume Delta?
Volume delta, also known as volume difference or volume delta divergence, refers to the difference between buying (accumulation) and selling (distribution) volumes within a given time period. It provides a quantitative measure of the net buying or selling pressure in the market.
How to Use Volume Delta:
Identifying Market Sentiment:
Positive delta values indicate that buying volume exceeds selling volume, suggesting bullish sentiment.
Negative delta values indicate that selling volume exceeds buying volume, suggesting bearish sentiment.
Confirming Price Movements:
Volume delta can be used to confirm price movements. For example, if prices are rising and volume delta is positive, it may suggest that the uptrend is supported by strong buying interest.
Conversely, if prices are falling and volume delta is negative, it may suggest that the downtrend is supported by strong selling pressure.
Spotting Divergence:
Divergence between price and volume delta can signal potential trend reversals. For example, if prices are rising but volume delta is declining (or vice versa), it may indicate weakening momentum and a possible reversal in trend.
Confirming Breakouts:
Volume delta can help confirm breakout moves. For instance, a breakout accompanied by increasing positive delta values may suggest strong buying interest and validate the breakout.
In summary, volume delta provides valuable insights into market sentiment and can be used alongside price action analysis to make more informed trading decisions.
High Volume Candles by Time PeriodDescription:
The High Volume Candles indicator (HVC) is a technical analysis tool designed to identify candles with high trading volume. It allows traders to quickly spot periods of significant market activity based on volume.
How it Works:
The HVC indicator analyzes the volume of each candle in relation to the highest volume observed over a specified lookback period. The indicator compares the current volume with the highest volume within the defined lookback period and identifies candles that have volume equal to or greater than this threshold. It then distinguishes between bullish and bearish candles and assigns custom colors to highlight these high volume occurrences.
Usage:
To effectively utilize the High Volume Candles indicator, follow these steps:
1. Apply the HVC indicator to your chart by adding it from the available indicators.
2. Customize the lookback period according to your trading preferences. This parameter determines the number of previous candles to consider when calculating the highest volume.
3. Observe the candles on the chart:
- Bullish candles (blue by default) indicate periods of high volume when the closing price is higher than the opening price.
- Bearish candles (yellow by default) indicate periods of high volume when the closing price is lower than the opening price.
4. Pay attention to the color-coded volume indications within the candles, which highlight periods of high trading activity.
5. Analyze the volume patterns in conjunction with price action to identify potential trading opportunities. High volume candles often indicate increased market participation and can suggest significant price moves or reversals.
6. Combine the analysis of high volume candles with other technical analysis tools, such as trend lines, support and resistance levels, or indicators, to confirm potential trade setups.
7. Implement appropriate risk management strategies, including setting stop-loss orders and position sizing, to manage your trades effectively and protect your capital.