Volume In USDDisplay volume in fiat base currency so that we can compare symbols in a list to find healthy one to trade.
Add a label so that we can see the latest volume number easier on mobile phone.
Cari dalam skrip untuk "volume"
Volume Pressure AnalysisVolume Pressure Analysis is a new concept I have been working on designed to show the effort required to move price. An ideal tool for confirming trends or locating reversals early. This indicator can highlight whale action and market manipulation. It calculates volume vs volatility and displays the results as a meter:
Above 0 shows how easy price action is traveling, the bigger these bars the less volume and effort is required to push price. These are indicated with a teal or red arrows and can confirm the beginning or continuation of a trend. This is the natural direction the chart wants to travel at that time.
Below 0 shows how hard price is to move. The bigger these bars the more volume and effort is required to push price. When whales and market makers push price against its will these bars will get bigger.
Yellow arrows signal pressure in that direction and excessive amounts of volume is required to move price. These signals can lead to reversal/ pivot points as price action struggles to continue its trend. These signals can be turned on in settings or use the overlay version of this script to display signals on chart. This is a very powerful tool when used with relative volume.
Volume fightThe Volume fight indicator looks for the predominance of bullish or bearish trading volume on the chart by dividing the trading volume in the bar into 2 parts - "bullish volume" and "bearish volume", and comparing the weighted average values by volume with each other at a given distance.
This indicator is suitable for any instrument (cryptocurrency, Forex, stocks) and is able to work on any TF.
The Volume fight indicator should be used as an auxiliary indicator that tells you who is currently prevailing in the market - " bulls "or"bears".
To configure the indicator, it is necessary to set the range of evaluation of the predominance of bullish or bearish volume (the number of bars, by default-24 bars for TF=1H). The smaller the TF, the higher the range value should be used to filter out false signals.
When there is a predominance of "bulls" on the chart, a green triangle appears (relevant at the close of the bar) and the histogram is highlighted in green, when "bears" appear on the chart, a red triangle appears (relevant at the close of the bar) and the histogram is highlighted in red.
In the indicator settings, there is smoothing to reduce false signals and highlight the flat zone by specifying a percentage, at least which should be the difference between the forces of the "bullish" and "bearish" volume. If the difference between the volume forces is less than the specified one (by default-15%), the zone is considered flat and is displayed in gray on the histogram.
If you set the percentage to zero, the flat zones will not be highlighted, but there will be much more false signals, since the indicator becomes very sensitive when the smoothing percentage decreases.
There is a function-to show the color background of the current trading zone. For" bullish "- green, for" bearish " - red.
In the settings, you can enable the display and use of each signal in the trading zone, not only the initial one, but also each after the flat zone. By default, only the signal of the beginning of the ascending/descending zone is used.
The indicator has alerts for "bullish" and "bearish" movements. Use alerts - "Once per bar close".
If you have any questions, you can write to me in private messages or by using the contacts in my signature.
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Индикатор Volume fight ищет на графике преобладание бычьего или медвежьего объёма торгов путём разделения торгового объёма в баре на 2 части - "бычий объём" и "медвежий объём", и сравнения средне-взвешенных значений по объёму между собой на заданной дистанции.
Данный индикатор подходит для любого инструмента (криптовалюта, Forex, акции) и способен работать на любом ТФ.
Индикатор Volume fight следует использовать как вспомогательный индикатор, который подсказывает Вам кто сейчас преобладает на рынке - "быки" или "медведи".
Для настройки индикатора необходимо выставить диапазон оценки преобладания бычьего или медвежьего объема (количество баров, по умолчанию - 24 бара для ТФ=1Ч). Чем меньше ТФ, тем выше следует использовать значение диапазона, чтобы отфильтровать ложные сигналы.
При возникновении преобладания на графике "быков" появляется зелёный треугольник (актуален по закрытию бара) и гистограмма подсвечивается зелёным цветом, при возникновении на графике "медведей" появляется красный треугольник (актуален по закрытию бара) и гистограмма подсвечивается красным цветом.
В настройках индикатора есть сглаживание для уменьшения ложных сигналов и выделения зоны флета с помощью указания процента, не менее которого, должна быть разница между силами "бычьего" и "медвежьего" объёма. Если разница между силами объёмов меньше заданного (по умолчанию - 15%), то зона считается флетовой и отображается на гистограмме серым цветом.
Если выставить процент равным нулю, то зоны флета выделяться не будут, но будет гораздо больше ложных сигналов, так как индикатор становится очень чувствительным при снижении процента сглаживания.
Есть функция - показывать цветовой фон текущей торговой зоны. Для "бычьего" - зелёный, для "медвежьего" - красный.
В настройках можно включить отображение и использование каждого сигнал в торговой зоне, не только начального, но и каждого после зоны флета. По умолчанию - только сигнал начала восходящей/нисходящей зоны.
Индикатор имеет оповещения для "бычьего" и "медвежьего" движения. Используйте оповещения - "на закрытии бара".
По любым вопросам Вы можете написать мне в личные сообщения или по контактам в моей подписи.
Volume BricksVolume Bricks - As if a Renko made new bricks on volume.
Set a percentage of the previous day's volume and this will post new levels when accumulated volume meets that percentage.
It will also plot shapes (and labels for recent bars) when price movement is accompanied by more than one times the volume level specified.
Volume Buzz 2.0Volume Buzz/Volume Run Rate as seen on TC2000 and MarketSmith respectively.
Basically, the volume buzz tells you what percentage over average(100 time period moving average) the volume traded was. You can use this indicator to more readily identify above-average trading volume and accumulation days on charts. The percentage will show up in the top left corner, make sure to click the settings button and uncheck the second box(left of plot) in order to get rid of the chart line.
Pictured above, a chart with the volume on the bottom along with the 50-day moving average applied to volume. As you can see in the top left it will tell you the "volume buzz" of that day, telling you what days were on above-average volume and how above-average those days were.
Volume Divergence by MMIt's a simply volume indicator. You should watch for breaks on both volume uptrend and volume downtrend. It uses fibonacci numbers to build smoothed moving average of volume.
Also you can check divergences for trend reversal and momentum loss.
Volume Cloud [LucF]A strictly volume-based cloud. It plots current volume (green line) over its 20-period linear regression (red line) on the chart. Unlike Ichimoku's cloud, it is not offset. While probably not something that you would have on your charts all the time, it can provide a useful way to study the interaction between price and volume.
Because the green line is the current volume, you can forego volume columns when using the indicator.
Volume Cloud does have practical uses. I will show here how I use volume to help me in selecting better probability entries, with only Volume Cloud and my TLD indicator on the chart (the Volume Columns are there to provide context for first-time users of the Volume Cloud).
When looking for entries, I’m trying to find spots where a reversal from a bottom or a continuation after a pause is confirmed by increasing volume (preferably above average) candles with proper wick/body structure. The candle structure of increasing volume candles is important because for me, it provides granularity on the volume action during the candle. I view wicks as failed tests and body height as reinforcement of the price movement. As for candles where volume is not increasing, I mostly ignore them. This is a simplified account of my mindset; just the stories I trade with and that I believe provide an edge—and profits. I certainly don’t pretend having found an infallible way to trade, and there is much more to it that I can explain here, but let’s look at a chart.
Point 1: Solid increasing volume and above average down candle, but I don’t enter on big candles. The volume on that candle has reached a new high though, so I’m thinking bearish sentiment for the next bars.
Point 2: Nicely formed above average increasing volume candle, but I’m looking to short. A similar’ish candle 4 bars back was followed by non-descript action. After 2, a test of past resistance fails before reaching it and a lower low and then a lower high bring us to point 3.
Point 3: Exactly what I’m looking for. No upper wick, solid body that’s not too big, and the highest volume reached on chart yet as a bonus. I enter on the following candle and because of the solid context, I can use a tight stop at the previous candle’s high. Going down, I will move my stop to the high of any increasing volume candle going in my direction, starting when that point is at least as far from my entry as my stop (RR=1).
Point 4: This is the last point where I move my stop at the candle’s high and get stopped out at the following candle for a RR=3.75 trade. Notice how the very high volume at point 4 generates a relatively small body. This is often a sign of stopping volume that portends a reversal or a pause.
Point 5: A first above average increasing volume candle, but with longish wicks that don’t fit my idea of a solid candle. Definitely not a strong enough sign to bet on a reversal from the recent strong descent.
Point 6: This candle is a different story altogether. No lower wick, reasonably sized body, double the volume of previous candle and a close way above the previous 20 candles. Long entry with stop at candle 6’s low. I don’t move my stop on the candle following my entry because it wouldn’t put me at RR=1, so the first time I move my stop up is at candle just before point 7.
Point 7: I get stopped out for RR=3 after that candle because I will have moved my stop a second time, at candle’s 7 low.
I didn’t make these trades (can’t even short on Binance yet), and while this is a typical a posteriori story, it does reflect what I do in reality.
Volume Value per UnitThis script will plot the result of Volume / Close.
This is meant to normalize the volume of tickers with exponential growth, for example a ticker like $BTC that went from $1 to $50k. Having the volume divided by the close will normalize the volume for when the price was $1 and $50k.
Volume MA * Fibo levelsIn the scrypt above, the SMA of Volume is taken as a basis and the Fibonacci levels are calculated.
This can be useful for analyzing the trend in accordance with changes in volume.
Any feedback is appreciated!
Good luck with your trading!
Volume Profile per day with support/resistance linesThis indicator shows the volume profile by daily blocks and draws on the chart the support or resistance lines produced by the previous volume profile block. A support line will be created if in the previous block, the VPOC line was closer to the lowest price line of that block. This support line will be placed below the VPOC line, at a distance equal to the difference between the highest price of that block and the VPOC price. For the case of the resistance line, the logic applied is analogous.
These support and resistance lines are introduced because, according to the Gaussian bell, the VPOC is likely to be located in the middle, and these deviations can be used to trace support and resistance.
In addition, the indicator includes the following features:
- Change the colors of all plotted lines.
- Define the number of daily blocks to be displayed.
- Define the resolution when calculating the volume of each candle.
- Define the number of support/resistance lines to be displayed.
- Highest and lowest price lines, as well as vpoc line, volume histogram and support and resistance lines.
- Display or not, the vpoc line and the volume histogram.
The calculations performed by the script improve if the candles used are of a lower timeframe. This indicator has been tested in several markets, including cryptos, CFDs, Forex and Indices.
Volume on bar VSA - indicator V2Google translate.
This indicator compares the volume with its average value and tints it depending on whether the tail on the bar is bullish or bearish.
In the settings you can set (sensitivity) for tinting volumes of high and medium
Этот индикатор сравнивает объем со средним его значением и подкрашивает его в зависимости от того какой хвост на баре, бычий или медвежий.
В настройках можно задать (чувствительность) для подкрашивания объемов повышенных и средних
Volume spikesSimple indicator which shows volume spikes.
By default spike is defined as such when volume is 2 times higher than average volume for last 10 volume bars (this can be changed in settings)
Also instead of using average volume (SMA is used in this case) you can use WMA or EMA by changing settings
Volume Price Spread Analysis 2With the same idea of the VPSA i make the VPSA2 to make Heiken Ashi style synthetic graph of the price and the volume effect, its easy to see the volume trends. Each instrument have a more clear time frame to see the volume patterns.
I see very useful like a secondary analysis layer. in the graph show the same RSI with price and VPSA2 like source.
Can use others indicators over the VPSA, only write in CAPITAL letters open, high, low, close or hl2 at inputs section.
Ideas, corrections & comments.
They are always welcome.
Volume Price Spread AnalysisWith the same idea of the VSA i make the VPSA to make synthetic graph of the price and the volume effect, its easy to see the volume trends. Each instrument have a more clear time frame to see the volume patterns.
Can use others indicators over the VPSA, only write in CAPITAL letters open, high, low, close or hl2 at inputs section.
VolumeS as stochv1just to show a concept . I use volume S to make it as stoch and add to it MTF function
B=buy
S=sell
D=down
if you do not like the MTF fuction just remove it from code or put the time frame of graph to be exact as MTF one
I did not add alert as it just a concept idea , to make it more complex it easy if you add more indicators to it and then compare the signals
have fun
Volume (D)EMAA simple yet configurable indicator that shows recent traffic volumes.
The time period is specified as weeks/days/hours/minutes, not as bars.
Set the volume period to non-zero if you want to use a generalized double EMA instead of plain.
The ratio option will show the size of the current volume compared to the volume in the specified time period (expect to see something very non-Gaussian, say goodby to trusting your ATR and stddev, and say hello to fat tails.) With the "together" option, it compares the current volume to the both sides together (buy+sell), otherwise it compares it to just its own.
Volume Spike Filter### Volume Spike Detector with Alerts
**Overview:**
This indicator helps traders quickly identify unusual spikes in trading volume by comparing the current volume against a simple moving average (SMA) threshold. It's particularly useful for beginners seeking clear signals of increased market activity.
**Settings:**
* **SMA Length:** Defines the period for calculating the average volume (default = 20).
* **Multiplier:** Determines how much the volume must exceed the SMA to be considered a spike (default = 1.5).
* **Highlight Spikes:** Toggle to visually highlight spikes on the chart (default = enabled).
**Signals:**
* 🟩 **Highlighted Background:** Indicates a volume spike that surpasses the defined threshold.
* 🏷️ **"Vol Spike" Label:** Clearly marks the exact bar of the spike for quick reference.
**Usage:**
Use these clear volume spike alerts to identify potential trading opportunities, confirmations, or shifts in market momentum. Combine this with other technical indicators for enhanced analysis.
Volume EfficiencyThis indicator displays each candle's volume in an enhanced visual form, combining the amount of volume with the efficiency of the price movement.
Each volume bar changes its color intensity based on:
Higher efficiency (large price movement with low volume) → stronger color.
Lower efficiency (high volume with little price movement) → weaker color.
Additionally:
Green: Bullish candles (close > open).
Red: Bearish candles (close < open).
The color reflects not only the volume but also how "easily" the price moved.
The efficiency calculation is based on the actual body movement of the candle (abs(close - open)) divided by the total volume, dynamically adjusted to the maximum efficiency over the last N candles (configurable).
Interpretation:
Intensely green or red volume bars: clean and efficient movements (low resistance).
Pale bars: market absorption or indecision (high volume but little price movement).
Configurable parameter:
Efficiency period: number of candles used to normalise the maximum efficiency.
Volume Intelligence Suite (VIS) v2📊 Volume Intelligence Suite – Smart Volume, Smart Trading
The Volume Intelligence Suite is a powerful, all-in-one TradingView indicator designed to give traders deeper insight into market activity by visualizing volume behavior with price action context. Whether you're a scalper, day trader, or swing trader, this tool helps uncover hidden momentum, institutional activity, and potential reversals with precision.
🔍 Key Features:
Dynamic Volume Zones – Highlights high and low volume areas to spot accumulation/distribution ranges.
Volume Spikes Detector – Automatically marks abnormal volume bars signaling potential breakout or trap setups.
Smart Delta Highlighting – Compares bullish vs bearish volume in real time to reveal buyer/seller strength shifts.
Session-Based Volume Profiling – Breaks volume into key trading sessions (e.g., London, New York) for clearer context.
Volume Heatmap Overlay – Optional heatmap to show intensity and velocity of volume flow per candle.
Custom Alerts – Built-in alerts for volume surges, divergences, and exhaustion signals.
Optimized for Kill Zone Analysis – Pairs perfectly with ICT-style session strategies and Waqar Asim’s trading methods.
🧠 Why Use Volume Intelligence?
Most traders overlook the story behind each candle. Volume Intelligence Suite helps you "see the why behind the move" — exposing key areas of interest where smart money may be active. Instead of reacting late, this tool puts you in position to anticipate.
Use it to:
Validate breakouts
Detect fakeouts and liquidity grabs
Confirm bias during kill zones
Analyze volume divergence with price swings
⚙️ Fully Customizable:
From volume thresholds to visual styles and session timings, everything is user-adjustable to fit your market, timeframe, and strategy.
✅ Best For:
ICT/Smart Money Concepts (SMC) traders
Breakout & reversal traders
Kill zone session scalpers
Institutional footprint followers
Volume-Price Momentum IndicatorVolume-Price Momentum Indicator (VPMI)
Overview
The Volume-Price Momentum Indicator (VPMI), developed by Kevin Svenson , is a powerful technical analysis tool designed to identify strong bullish and bearish momentum in price movements, driven by volume dynamics. By analyzing price changes and volume surges over a user-defined lookback period, VPMI highlights potential trend shifts and continuation patterns through a smoothed histogram, optional labels, and background highlights. Ideal for traders seeking to capture momentum-driven opportunities, VPMI is suitable for various markets, including stocks, forex, and cryptocurrencies.
How It Works
VPMI calculates the difference between volume-weighted buying and selling pressure based on price changes over a specified lookback period. It amplifies signals during high-volume periods, applies smoothing to reduce noise, and uses momentum checks to detect sustained trends.
Indicator display:
A histogram that oscillates above (bullish) or below (bearish) a zero line, with brighter colors indicating stronger momentum and faded colors for weaker signals.
Optional labels ("Bullish" or "Bearish") to mark significant momentum shifts.
Optional background highlights to visually emphasize strong trend conditions.
Alerts to notify users when strong bullish or bearish momentum is detected.
Key Features
Customizable Settings:
Adjust the lookback period, volume threshold, momentum length, and smoothing to suit your trading style.
Volume Sensitivity:
Emphasizes price movements during high-volume surges, enhancing signal reliability.
Momentum Detection: Uses linear regression and momentum change to confirm sustained trends, reducing false signals.
Visual Clarity:
Offers a clear histogram with color-coded signals, plus optional labels and backgrounds for enhanced chart readability.
Alerts:
Configurable alerts for strong momentum signals, enabling timely trade decisions.
Inputs and Customization
Lookback Period (Default: 9):
Sets the number of bars to analyze price changes. Higher values smooth signals but may lag.
Volume Threshold (Default: 1.4):
Defines the volume level (relative to a 20-period SMA) that qualifies as a surge, amplifying signals.
High Volume Multiplier (Default: 1.5):
Boosts histogram values during high-volume periods for stronger signals.
Histogram Smoothing Length (Default: 4):
Controls the EMA smoothing applied to the histogram, reducing noise.
Momentum Check Length (Default: 4):
Sets the period for momentum trend analysis (recommended to be less than Lookback Period).
Momentum Threshold (Default: 6):
Defines the minimum momentum change required for strong signals.
Show Labels (Default: Off):
Toggle to display "Bullish" or "Bearish" labels on significant momentum shifts.
Show Backgrounds (Default: Off):
Toggle to highlight chart backgrounds during strong momentum periods.
Bullish/Bearish Colors:
Customize colors for bullish (default: green) and bearish (default: red) signals.
Faded Transparency (Default: 40):
Adjusts the transparency of weaker signals for visual distinction.
How to Use
Interpret Signals:
Above Zero (Green):
Indicates bullish momentum. Bright green suggests strong, sustained buying pressure.
Below Zero (Red):
Indicates bearish momentum. Bright red suggests strong, sustained selling pressure.
Faded Colors:
Weaker momentum, potentially signaling consolidation or trend exhaustion.
Enable Visuals:
Turn on "Show Labels" and "Show Backgrounds" in the settings for additional context on strong momentum signals.
Set Alerts:
Use the built-in alert conditions ("Strong Bullish Momentum" or "Strong Bearish Momentum") to receive notifications when significant trends emerge.
Combine with Other Tools:
Pair VPMI with support/resistance levels, trendlines, or other indicators (e.g., RSI, MACD) for confirmation.
Best Practices
Timeframe:
VPMI works on all timeframes, but shorter timeframes (e.g., 5m, 15m) may produce more signals, while longer timeframes (e.g., 1h, 4h, 1D) offer higher reliability.
Market Conditions:
Most effective in trending markets. In choppy or sideways markets, consider increasing the smoothing length or momentum threshold to filter noise.
Risk Management:
Always use VPMI signals in conjunction with a robust trading plan, including stop-losses and position sizing.
Limitations
Lagging Nature:
As a momentum indicator, VPMI may lag in fast-moving markets due to smoothing and lookback calculations.
False Signals:
In low-volume or ranging markets, signals may be less reliable. Adjust the volume threshold or momentum settings to improve accuracy.
Customization Required:
Optimal settings vary by asset and timeframe. Experiment with inputs to align with your trading strategy.
Why Use VPMI?
VPMI offers a unique blend of volume and price momentum analysis, making it a versatile tool for traders seeking to identify high-probability trend opportunities. Its customizable inputs, clear visuals, and alert capabilities empower users to tailor the indicator to their needs, whether for day trading, swing trading, or long-term analysis.
Get Started
Apply VPMI to your chart, tweak the settings to match your trading style, and start exploring momentum-driven opportunities. For questions or feedback, consult TradingView’s community forums or documentation. Happy trading!
Volume and Volatility Ratio Indicator-WODI该指标名为“交易量与波动率比例指标-WODI”，主要基于交易量和价格波动率构造一个复合指数，帮助识别市场内可能存在的异常或转折信号。具体实现如下：
用户自定义参数
用户可以设置交易量均线长度（vol_length）、指数的短期与长期均线长度（index_short_length、index_long_length）、均线敏感度（index_magnification）、阈值放大因子（index_threshold_magnification）以及检测K线形态的区间（lookback_bars）。这些参数为后续计算提供了灵活性，允许用户根据不同市场环境自定义指标的敏感度和响应速度。
交易量均线与百分比计算
首先通过 ta.sma 计算指定长度的交易量简单均线（vol_ma）。
接下来，将当前交易量与均线进行比较，计算出当前交易量占均线的百分比（vol_percent），这反映了短期内交易量的相对活跃程度。
波动率的衡量
使用当前K线的最高价和最低价计算振幅，再除以收盘价乘以100得到波动率（volatility），从而反映市场价格波动的幅度。
构建交易量/波动率指数
将交易量百分比与波动率相乘，形成了“交易量/波动率指数”（volatility_index）。该指数能够同时反映市场的交易活跃度和价格波动性，两者的联合作用帮助捕捉市场的“热度”。
计算指标均线与阈值
对交易量/波动率指数分别计算短期均线（index_short_ma）和长期均线（index_long_ma），并通过乘以一个敏感度参数（index_magnification）进行调整。
同时，依据长期均线计算一个阈值（index_threshold），起到过滤噪音的作用。当指数突破该阈值时，可能预示着市场的重要变化。
K线形态与反转模式检测
通过遍历最近几根K线（由lookback_bars控制），指标会检测是否符合一系列预定条件（涉及交易量、价格振幅、K线形态等），以判断是否存在反转模式。若符合条件，则标记为反转模式，从而为潜在的转折点提供提示。
图表展示
最终在独立窗口中绘制多个元素：
指数短均线与长均线：经过敏感度调整后显示，用于分析指数趋势。
交易量/波动率指数：采用阶梯线风格绘制，直观展示指数变化。
阈值线：作为参考水平，便于判断指数是否突破常规范围。
交易量柱状图：当当前交易量高于均线时，通过不同颜色显示；当检测到反转模式时，颜色会进一步强化，帮助用户迅速识别潜在信号。
English Description
This indicator, titled “Volume and Volatility Ratio Indicator - WODI”, is designed to construct a composite index based on trading volume and price volatility, aiding in the identification of abnormal market conditions or potential reversal signals. Its functionality is broken down as follows:
User-Defined Parameters
The indicator allows users to set parameters such as the moving average length for volume (vol_length), the short and long moving average lengths for the index (index_short_length and index_long_length), a sensitivity multiplier (index_magnification), a threshold magnification factor (index_threshold_magnification), and the number of bars for pattern detection (lookback_bars). These parameters provide flexibility to adjust the sensitivity and responsiveness of the indicator based on different market conditions.
Volume Moving Average and Percentage Calculation
A simple moving average (SMA) of volume is computed over the specified length (vol_ma) using the ta.sma function.
The current volume is then compared to its moving average to calculate the volume percentage (vol_percent), reflecting the relative trading intensity in the short term.
Measuring Volatility
Volatility is calculated based on the current bar’s high and low prices, normalized by the closing price and multiplied by 100, which provides a measure of the market’s price fluctuation magnitude.
Constructing the Volume/Volatility Index
The index (volatility_index) is derived by multiplying the volume percentage by the calculated volatility. This composite metric reflects both market activity and price movement, effectively capturing the overall “heat” of the market.
Calculating the Index Moving Averages and Threshold
Two moving averages for the volatility_index are computed: one short-term (index_short_ma) and one long-term (index_long_ma). These are then adjusted by the sensitivity multiplier (index_magnification).
A threshold level (index_threshold) is calculated based on the long-term moving average multiplied by the threshold magnification factor, serving to filter out market noise. When the index exceeds this threshold, it may signal significant market shifts.
Detection of Reversal Patterns
The indicator iterates through the recent bars (as determined by lookback_bars) to check whether a set of predetermined conditions (involving trends in the volatility_index, volume comparisons, price closes, and K-line patterns) are met. If these conditions are satisfied, it flags a reversal pattern, which may serve as a warning for a potential market turnaround.
Visualization on the Chart
The final display includes several elements plotted in a separate indicator window:
The short-term and long-term moving averages of the index (after sensitivity adjustment) which help visualize the trend of the composite index.
The volatility index itself is drawn using a step-line style for clarity.
A threshold line is plotted to provide a reference level against which index movements can be compared.
A volume histogram is also displayed, where bars are colored differently when the current volume exceeds the moving average; the color is further enhanced if a reversal pattern is detected, making it easy for users to quickly spot potential signals.
Volume Aggregated Spot & FuturesAggregated volume for cryptos using spot and perpetual contracts but only those that are based on normal volume and not on tick volume.
Provides more reliable volume than volume from one provider.
Thanks to HALDRO because it's his code and I simplified it to create this version.
Volume Profile With HVN & LVN detectorVolume Profile Indicator
Based on the works of tradeforopp
Overview
The Volume Profile Indicator is a powerful technical analysis tool that visually represents the distribution of trading volume over price levels within a specified timeframe. It helps traders identify key support and resistance zones, high-volume trading areas, and low-volume rejection zones. The indicator includes customizable settings for Volume Point of Control (VPOC), High Volume Nodes (HVNs), and Low Volume Nodes (LVNs), making it a versatile tool for price action analysis and volume-based decision-making.
Key Features
🔹 Customizable Volume Profile
Adjustable number of rows to define the resolution of the volume profile.
Configurable timeframe aggregation for profile calculation (e.g., Daily, Weekly).
Selectable price resolution timeframe for precise profile construction.
Extendable volume profile for future sessions.
Fully customizable profile color and transparency settings.
🔹 Volume Point of Control (VPOC)
Displays the most traded price level within the selected timeframe.
Option to extend multiple VPOCs across the chart.
Adjustable VPOC line width and color customization.
Option to display VPOC labels when working with higher timeframe profiles.
🔹 High Volume Nodes (HVNs)
Identifies high-volume price levels where significant trading activity has occurred.
Configurable HVN strength to adjust detection sensitivity.
Two display modes:
Lines: Plots HVN levels as horizontal lines.
Areas: Highlights HVN regions with colored boxes.
Separate bullish and bearish HVN color settings.
🔹 Low Volume Nodes (LVNs)
Identifies low-volume price levels, which often act as rejection zones.
Configurable LVN strength to fine-tune detection.
Two display modes:
Lines: Marks LVN levels as horizontal lines.
Areas: Highlights LVN regions with shaded boxes.
Separate bullish and bearish LVN color settings.
🔹 Optimized for Performance
Efficient use of arrays for data storage and retrieval.
Global functions for HVN and LVN detection.
Uses security calls to access lower timeframe price and volume data.
Use Cases
✅ Identify Support & Resistance Levels
The indicator highlights key price levels where significant buying or selling interest exists.
✅ Detect Breakout & Reversal Zones
Low-volume areas (LVNs) often indicate price rejection zones, while high-volume areas (HVNs) suggest strong price acceptance zones.
✅ Improve Trade Entries & Exits
Traders can use the Volume Point of Control (VPOC) and volume clusters to refine entry and exit points.
✅ Enhance Price Action Strategies
By incorporating volume-based analysis, this indicator provides deeper market insights beyond traditional support/resistance and trendlines.
Customization & Settings
📌 Volume Profile Settings:
Rows: Defines the granularity of the volume profile.
Profile Timeframe: Specifies the aggregation period (e.g., Daily, Weekly).
Resolution Timeframe: Determines the price resolution for volume analysis.
Profile Extend %: Controls how much the profile extends into the next session.
📌 Volume Point of Control (VPOC):
Enable/Disable VPOC visualization.
Extend past VPOC levels to the right.
Display VPOC labels for higher timeframe profiles.
Adjustable VPOC line width and color.
📌 High Volume Nodes (HVNs):
Enable/Disable HVN detection.
Define HVN strength (volume threshold).
Choose between Line Mode or Area Mode.
Configure bullish and bearish HVN colors.
📌 Low Volume Nodes (LVNs):
Enable/Disable LVN detection.
Define LVN strength (volume threshold).
Choose between Line Mode or Area Mode.
Configure bullish and bearish LVN colors.
