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.
Cari dalam skrip untuk "volume"
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
Exchanges Combined Volume📊 Exchanges Combined Volume
(Aggregated Multi-Exchange Volume: Binance, OKX, Bybit, etc.) by BIGTAKER*
🔍 Purpose
The Exchanges Combined Volume indicator aggregates real-time trading volumes from multiple global exchanges for a specific asset (e.g., a cryptocurrency).
Instead of relying on a single market, it provides a broader view of market activity, helping users detect abnormal volume behavior and increased participation across the entire market.
⚙️ Supported Exchanges
* USDT Markets
`Binance`, `OKX`, `Bybit`, `Bitget`, `Gate.io`
* USD Markets
`Coinbase`, `Bitfinex`, `Bitstamp`
* Default
Includes the current chart symbol’s native volume by default.
🧮 Core Calculation Logic
1. 📛 Symbol Normalization (cleanSymbol)
Prefixes such as `1000`, `10000`, `100000`, or `1M` (common in leveraged tickers) are automatically removed to extract the base token.
> Example:
> `1000PEPEUSDT` → `PEPEUSDT`
2. 📈 Volume Requests from External Exchanges
Volume is retrieved using the `` format (e.g., `'BINANCE:PEPEUSDT'`, `'COINBASE:BTCUSD'`).
Invalid or delisted pairs are safely ignored using `ignore_invalid_symbol=true`.
3. 📊 Total Volume Calculation
totalVolume = usdtVolume + usdVolume + currentSymbolVolume
The indicator sums the volume from all target exchanges plus the volume from the current chart symbol.
4. 📏 Comparison to Average Volume
* Period: `length = 60` (Simple Moving Average over 60 candles)
* A candle is considered **high-intensity** if:
5. 🎨 Visual Styling
| Condition | Color | Meaning |
| -------------------------- | --------------------- | ----------------------- |
| High-volume Bullish Candle | Light Green (#30db78) | Strong Buying Activity |
| High-volume Bearish Candle | Bright Red (#ff0000) | Strong Selling Activity |
| Normal Bullish Candle | Dark Green (#3c7058) | Regular Buying Volume |
| Normal Bearish Candle | Dark Red (#682e2c) | Regular Selling Volume |
📌 Use Cases
* Detect synchronized volume surges across major global exchanges.
* Identify pre-pump accumulation phases on altcoins.
* Combine with premium gap indicators (e.g., Kimchi Premium) to identify leading market sentiment.
* Confirm breakout momentum with multi-exchange volume validation.
📘 Notes & Warnings
* Listing differences across exchanges may result in **zero volume** on some platforms.
* Prefixes like `1000`, `1M`, etc., are automatically removed to **improve symbol matching accuracy**.
* As volume units are not standardized, this indicator is best suited for **absolute value analysis**, not ratio-based comparisons.
Dobrusky Volume PulseWhat it does & who it’s for
Volume Pulse is a lightweight, customizable volume profile overlay that shows traders how volume is distributed across price levels over a chosen lookback window. Unlike standard profiles, it also maps cumulative buy/sell pressure at each level, so you see not just where volume clustered, but which side dominated.
Core ideas
Cumulative volume by price: Builds a horizontal profile of traded volume at each level, based on user-defined depth and resolution.
Directional pressure mapping: At every price level, the script accumulates bullish vs. bearish volume based on candle closes vs. opens, providing a directional read on whether buyers or sellers had the upper hand.
POC: Automatically highlights the Point of Control (POC) — the level with the most activity.
Customizable presentation: Adjustable profile resolution, bar width, offset, colors, and whether to show cumulative, directional, or both.
How the components work together
The profile provides the “where,” while the buy/sell mapping adds the “who.” By combining these, traders can see whether a high-volume node was buyer-driven absorption or seller-driven distribution — a distinction classic profiles don’t reveal. This directional overlay reduces the guesswork of interpreting raw volume clusters.
How to use
Apply the overlay to your chart.
Watch the POC and areas of significant increase or decrease in volume (and pressure) as natural magnets or rejection areas.
When trading intraday, I've found that higher timeframe volume levels act as strong magnets. In the chart, you can see the volume levels I've drawn on the SPY daily chart. These levels are targets I use when trading the 5-minute chart.
Pay attention to color dominance at those zones — green-heavy nodes suggest buyer control; red-heavy nodes suggest seller control.
Combine with time-based volume tools and price-action for a more comprehensive trade plan.
Settings overview
Lookback depth: Number of bars used for profile calculation.
Profile resolution: Number of horizontal bars to split volume across price.
Bar style: Width, offset, and multiplier for scaling.
Toggle layers: Choose cumulative, directional, or both.
POC display: Optional highlight of the most traded level.
Limitations & best practices
This is a contextual overlay, not a trade-signal system.
Works best on liquid instruments (indices, futures, major stocks, liquid crypto) where volume distribution is meaningful.
Directional mapping uses candle body bias (close vs. open), not raw order flow. For full tape analysis, pair with actual order flow data.
Originality justification
Dual profile: combines cumulative volume-by-price and buyer/seller pressure per bin (close vs. open) — not a standard VP clone.
From-scratch binning + POC in a single pass for speed; no reused libraries.
Flexible display (cumulative / directional / both) with independent resolution, width, and offset for intraday or HTF use.
Clear visuals (optional POC, balanced node coloring) and open-source code so traders can audit and extend.
Volume Based Analysis V 1.00
Volume Based Analysis V1.00 – Multi-Scenario Buyer/Seller Power & Volume Pressure Indicator
Description:
1. Overview
The Volume Based Analysis V1.00 indicator is a comprehensive tool for analyzing market dynamics using Buyer Power, Seller Power, and Volume Pressure scenarios. It detects 12 configurable scenarios combining volume-based calculations with price action to highlight potential bullish or bearish conditions.
When used in conjunction with other technical tools such as Ichimoku, Bollinger Bands, and trendline analysis, traders can gain a deeper and more reliable understanding of the market context surrounding each signal.
2. Key Features
12 Configurable Scenarios covering Buyer/Seller Power convergence, divergence, and dominance
Advanced Volume Pressure Analysis detecting when both buy/sell volumes exceed averages
Global Lookback System ensuring consistency across all calculations
Dominance Peak Module for identifying strongest buyer/seller dominance at structural pivots
Real-time Signal Statistics Table showing bullish/bearish counts and volume metrics
Fully customizable inputs (SMA lengths, multipliers, timeframes)
Visual chart markers (S01 to S12) for clear on-chart identification
3. Usage Guide
Enable/Disable Scenarios: Choose which signals to display based on your trading strategy
Fine-tune Parameters: Adjust SMA lengths, multipliers, and lookback periods to fit your market and timeframe
Timeframe Control: Use custom lower timeframes for refined up/down volume calculations
Combine with Other Indicators:
Ichimoku: Confirm volume-based bullish signals with cloud breakouts or trend confirmation
Bollinger Bands: Validate divergence/convergence signals with overbought/oversold zones
Trendlines: Spot high-probability signals at breakout or retest points
Signal Tables & Peaks: Read buy/sell volume dominance at a glance, and activate the Dominance Peak Module to highlight key turning points.
4. Example Scenarios & Suggested Images
Image #1 – S01 Bullish Convergence Above Zero
S01 activated, Buyer Power > 0, both buyer power slope & price slope positive, above-average buy volume. Show S01 ↑ marker below bar.
Image #2 – Combined with Ichimoku
Display a bullish scenario where price breaks above Ichimoku cloud while S01 or S09 bullish signal is active. Highlight both the volume-based marker and Ichimoku cloud breakout.
Image #3 – Combined with Bollinger Bands & Trendlines
Show a bearish S10 signal at the upper Bollinger Band near a descending trendline resistance. Highlight the confluence of the volume pressure signal with the band touch and trendline rejection.
Image #4 – Dominance Peak Module
Pivot low with green ▲ Bull Peak and pivot high with red ▼ Bear Peak, showing strong dominance counts.
Image #5 – Statistics Table in Action
Bottom-left table showing buy/sell volume, averages, and bullish/bearish counts during an active market phase.
5. Feedback & Collaboration
Your feedback and suggestions are welcome — they help improve and refine this system. If you discover interesting use cases or have ideas for new features, please share them in the script’s comments section on TradingView.
6. Disclaimer
This script is for educational purposes only. It is not financial advice. Past performance does not guarantee future results. Always do your own analysis before making trading decisions.
Tip: Use this tool alongside trend confirmation indicators for the most robust signal interpretation.
BuySell Volume Bar Chart• Separates estimated Buy and Sell volume per bar using price action logic
• Plots them in a dual-axis format: buy volume goes up, sell volume goes down
• Colors are dynamic — whichever side dominates gets the stronger color, the weaker side is shaded
• Includes a live difference metric (Δ Volume) as a third value in the indicator title
• Automatically filters out flat/no-move bars to avoid misleading spikes
The live difference metric ("Δ Volume") can be controlled.
This metric calculates the difference between the buying and selling volume live, where it takes the Buy Volume - Sell Volume.
This difference is then displayed in either green (BV > SV) or red (SV > BV). You can toggle it on/off by entering the indicator's settings or double tapping the indicator name on the TV chart.
Another pretty cool thing is the modular colors - you can customize your candle colors and shades to your liking within the code!
Delta Volume Candles [LucF]█ OVERVIEW
This indicator plots on-chart volume delta information using candles that can replace your normal candles, tops and bottoms appended to normal candles, optional MAs of those tops and bottoms levels, a divergence channel and a chart background. The indicator calculates volume delta using intrabar analysis, meaning that it uses the lower timeframe bars constituting each chart bar.
█ CONCEPTS
Volume Delta
The volume delta concept divides a bar's volume in "up" and "down" volumes. The delta is calculated by subtracting down volume from up volume. Many calculation techniques exist to isolate up and down volume within a bar. The simplest use the polarity of interbar price changes to assign their volume to up or down slots, e.g., On Balance Volume or the Klinger Oscillator . Others such as Chaikin Money Flow use assumptions based on a bar's OHLC values. The most precise calculation method uses tick data and assigns the volume of each tick to the up or down slot depending on whether the transaction occurs at the bid or ask price. While this technique is ideal, it requires huge amounts of data on historical bars, which considerably limits the historical depth of charts and the number of symbols for which tick data is available. Furthermore, historical tick data is not yet available on TradingView.
This indicator uses intrabar analysis to achieve a compromise between the simplest and most precise methods of calculating volume delta. It is currently the most precise method usable on TradingView charts. TradingView's Volume Profile built-in indicators use it, as do the CVD - Cumulative Volume Delta Candles and CVD - Cumulative Volume Delta (Chart) indicators published from the TradingView account . My Delta Volume Channels and Volume Delta Columns Pro indicators also use intrabar analysis. Other volume delta indicators such as my Realtime 5D Profile use realtime chart updates to calculate volume delta without intrabar analysis, but that type of indicator only works in real time; they cannot calculate on historical bars.
This is the logic I use to determine the polarity of intrabars, which determines the up or down slot where its volume is added:
• If the intrabar's open and close values are different, their relative position is used.
• If the intrabar's open and close values are the same, the difference between the intrabar's close and the previous intrabar's close is used.
• As a last resort, when there is no movement during an intrabar, and it closes at the same price as the previous intrabar, the last known polarity is used.
Once all intrabars making up a chart bar have been analyzed and the up or down property of each intrabar's volume determined, the up volumes are added, and the down volumes subtracted. The resulting value is volume delta for that chart bar, which can be used as an estimate of the buying/selling pressure on an instrument. Not all markets have volume information. Without it, this indicator is useless.
Intrabar analysis
Intrabars are chart bars at a lower timeframe than the chart's. The timeframe used to access intrabars determines the number of intrabars accessible for each chart bar. On a 1H chart, each chart bar of an active market will, for example, usually contain 60 bars at the lower timeframe of 1min, provided there was market activity during each minute of the hour.
This indicator automatically calculates an appropriate lower timeframe using the chart's timeframe and the settings you use in the script's "Intrabars" section of the inputs. As it can access lower timeframes as small as seconds when available, the indicator can be used on charts at relatively small timeframes such as 1min, provided the market is active enough to produce bars at second timeframes.
The quantity of intrabars analyzed in each chart bar determines:
• The precision of calculations (more intrabars yield more precise results).
• The chart coverage of calculations (there is a 100K limit to the quantity of intrabars that can be analyzed on any chart,
so the more intrabars you analyze per chart bar, the less chart bars can be calculated by the indicator).
The information box displayed at the bottom right of the chart shows the lower timeframe used for intrabars, as well as the average number of intrabars detected for chart bars and statistics on chart coverage.
Balances
This indicator calculates five balances from volume delta values. The balances are oscillators with a zero centerline; positive values are bullish, and negative values are bearish. It is important to understand the balances as they can be used to:
• Color candle bodies.
• Calculate body and top and bottom divergences.
• Color an EMA channel.
• Color the chart's background.
• Configure markers and alerts.
The five balances are:
1 — Bar Balance : This is the only balance using instant values; it is simply the subtraction of the down volume from the up volume on the bar, so the instant volume delta for that bar.
2 — Average Balance : Calculates a distinct EMA for both the up and down volumes, and subtracts the down EMA from the up EMA.
The result is akin to MACD's histogram because it is the subtraction of two moving averages.
3 — Momentum Balance : Starts by calculating, separately for both up and down volumes, the difference between the same EMAs used in "Average Balance" and
an SMA of twice the period used for the "Average Balance" EMAs. The difference for the up side is subtracted from the difference for the down side,
and an RSI of that value is calculated and brought over the −50/+50 scale.
4 — Relative Balance : The reference values used in the calculation are the up and down EMAs used in the "Average Balance".
From those, we calculate two intermediate values using how much the instant up and down volumes on the bar exceed their respective EMA — but with a twist.
If the bar's up volume does not exceed the EMA of up volume, a zero value is used. The same goes for the down volume with the EMA of down volume.
Once we have our two intermediate values for the up and down volumes exceeding their respective MA, we subtract them. The final value is an ALMA of that subtraction.
The rationale behind using zero values when the bar's up/down volume does not exceed its EMA is to only take into account the more significant volume.
If both instant volume values exceed their MA, then the difference between the two is the signal's value.
The signal is called "relative" because the intermediate values are the difference between the instant up/down volumes and their respective MA.
This balance flatlines when the bar's up/down volumes do not exceed their EMAs, which makes it useful to spot areas where trader interest dwindles, such as consolidations.
The smaller the period of the final value's ALMA, the more easily it will flatline. These flat zones should be considered no-trade zones.
5 — Percent Balance : This balance is the ALMA of the ratio of the "Bar Balance" over the total volume for that bar.
From the balances and marker conditions, two more values are calculated:
1 — Marker Bias : This sums the up/down (+1/‒1) occurrences of the markers 1 to 4 over a period you define, so it ranges from −4 to +4, times the period.
Its calculation will depend on the modes used to calculate markers 3 and 4.
2 — Combined Balances : This is the sum of the bull/bear (+1/−1) states of each of the five balances, so it ranges from −5 to +5.
The periods for all of these balances can be configured in the "Periods" section at the bottom of the script's inputs. As you cannot see the balances on the chart, you can use my Volume Delta Columns Pro indicator in a pane; it can plot the same balances, so you will be able to analyze them.
Divergences
In the context of this indicator, a divergence is any bar where the bear/bull state of a balance (above/below its zero centerline) diverges from the polarity of a chart bar. No directional bias is assigned to divergences when they occur. Candle bodies and tops/bottoms can each be colored differently on divergences detected from distinct balances.
Divergence Channel
The divergence channel is the space between two levels (by default, the bar's open and close ) saved when divergences occur. When price (by default the close ) has breached a channel and a new divergence occurs, a new channel is created. Until that new channel is breached, bars where additional divergences occur will expand the channel's levels if the bar's price points are outside the channel.
Prices breaches of the divergence channel will change its state. Divergence channels can be in one of three different states:
• Bull (green): Price has breached the channel to the upside.
• Bear (red): Price has breached the channel to the downside.
• Neutral (gray): The channel has not yet been breached.
█ HOW TO USE THE INDICATOR
I do not make videos to explain how to use my indicators. I do, however, try hard to include in their description everything one needs to understand what they do. From there, it's up to you to explore and figure out if they can be useful in your trading practice. Communicating in videos what this description and the script's tooltips contain would make for very long videos that would likely exceed the attention span of most people who find this description too long. There is no quick way to understand an indicator such as this one because it uses many different concepts and has quite a bit of settings one can use to modify its visuals and behavior — thus how one uses it. I will happily answer questions on the inner workings of the indicator, but I do not answer questions like "How do I trade using this indicator?" A useful answer to that question would require an in-depth analysis of who you are, your trading methodology and objectives, which I do not have time for. I do not teach trading.
Start by loading the indicator on an active chart containing volume information. See here if you need help.
The default configuration displays:
• Normal candles where the bodies are only colored if the bar's volume has increased since the last bar.
If you want to use this indicator's candles, you may want to disable your chart's candles by clicking the eye icon to the right of the symbol's name in the top left of the chart.
• A top or bottom appended to the normal candles. It represents the difference between up and down volume for that bar
and is positioned at the top or bottom, depending on its polarity. If up volume is greater than down volume, a top is displayed. If down volume is greater, a bottom is plotted.
The size of tops and bottoms is determined by calculating a factor which is the proportion of volume delta over the bar's total volume.
That factor is then used to calculate the top or bottom size relative to a baseline of the average candle body size of the last 100 bars.
• An information box in the bottom right displaying intrabar and chart coverage information.
• A light red background when the intrabar volume differs from the chart's volume by more than 1%.
The script's inputs contain tooltips explaining most of the fields. I will not repeat them here. Following is a brief description of each section of the indicator's inputs which will give you an idea of what the indicator can do:
Normal Candles is where you configure the replacement candles plotted by the script. You can choose from different coloring schemes for their bodies and specify a unique color for bodies where a divergence calculated using the method you choose occurs.
Volume Tops & Botttoms is where you configure the display of tops and bottoms, and their EMAs. The EMAs are calculated from the high point of tops and the low point of bottoms. They can act as a channel to evaluate price, and you can choose to color the channel using a gradient reflecting the advances/declines in the balance of your choice.
Divergence Channel is where you set up the appearance and behavior of the divergence channel. These areas represent levels where price and volume delta information do not converge. They can be interpreted as regions with no clear direction from where one will look for breaches. You can configure the channel to take into account one or both types of divergences you have configured for candle bodies and tops/bottoms.
Background allows you to configure a gradient background color that reflects the advances/declines in the balance of your choice. You can use this to provide context to the volume delta values from bars. You can also control the background color displayed on volume discrepancies between the intrabar and the chart's timeframe.
Intrabars is where you choose the calculation mode determining the lower timeframe used to access intrabars. The indicator uses the chart's timeframe and the type of market you are on to calculate the lower timeframe. Your setting there should reflect which compromise you prefer between the precision of calculations and chart coverage. This is also where you control the display of the information box in the lower right corner of the chart.
Markers allows you to control the plotting of chart markers on different conditions. Their configuration determines when alerts generated from the indicator will fire. Note that in order to generate alerts from this script, they must be created from your chart. See this Help Center page to learn how. Only the last 500 markers will be visible on the chart, but this will not affect the generation of alerts.
Periods is where you configure the periods for the balances and the EMAs used in the indicator.
The raw values calculated by this script can be inspected using the Data Window.
█ INTERPRETATION
Rightly or wrongly, volume delta is considered by many a useful complement to the interpretation of price action. I use it extensively in an attempt to find convergence between my read of volume delta and price movement — not so much as a predictor of future price movement. No system or person can predict the future. Accordingly, I consider people who speak or act as if they know the future with certainty to be dangerous to themselves and others; they are charlatans, imprudent or blissfully ignorant.
I try to avoid elaborate volume delta interpretation schemes involving too many variables and prefer to keep things simple:
• Trends that have more chances of continuing should be accompanied by VD of the same polarity.
In trends, I am looking for "slow and steady". I work from the assumption that traders and systems often overreact, which translates into unproductive volatility.
Wild trends are more susceptible to overreactions.
• I prefer steady VD values over wildly increasing ones, as large VD increases often come with increased price volatility, which can backfire.
Large VD values caused by stopping volume will also often occur on trend reversals with abnormally high candles.
• Prices escaping divergence channels may be leading a trend in that direction, although there is no telling how long that trend will last; could be just a few bars or hundreds.
When price is in a channel, shifts in VD balances can sometimes give us an idea of the direction where price has the most chance of breaking.
• Dwindling VD will often indicate trend exhaustion and predate reversals by many bars, but the problem is that mere pauses in a trend will often produce the same behavior in VD.
I think it is too perilous to infer rigidly from VD decreases.
Divergence Channel
Here I have configured the divergence channels to be visible. First, I set the bodies to display divergences on the default Bar Balance. They are indicated by yellow bodies. Then I activated the divergence channels by choosing to draw levels on body divergences and checked the "Fill" checkbox to fill the channel with the same color as the levels. The divergence channel is best understood as a direction-less area from where a breach can be acted on if other variables converge with the breach's direction:
Tops and Bottoms EMAs
I find these EMAs rather interesting. They have no equivalent elsewhere, as they are calculated from the top and bottom values this indicator plots. The only similarity they have with volume-weighted MAs, including VWAP, is that they use price and volume. This indicator's Tops and Bottoms EMAs, however, use the price and volume delta. While the channel differs from other channels in how it is calculated, it can be used like others, as a baseline from which to evaluate price movement or, alternatively, as stop levels. Remember that you can change the period used for the EMAs in the "Periods" section of the inputs.
This chart shows the EMAs in action, filled with a gradient representing the advances/decline from the Momentum balance. Notice the anomaly in the chart's latest bars where the Momentum balance gradient has been indicating a bullish bias for some time, during which price was mostly below the EMAs. Price has just broken above the channel on positive VD. My interpretation of this situation would be that it is a risky opportunity for a long trade in the larger context where the market has been in a downtrend since the 5th. Intrepid traders choosing to enter here could do so with a "make or break" tight stop that will minimize their losses should the market continue its downtrend while hopefully preserving the potential upside of price continuing on the longer-term uptrend prevalent since the 28th:
█ NOTES
Volume
If you use indicators such as this one which depends on volume information, it is important to realize that the volume data they consume comes from data feeds, and that all data feeds are NOT created equally. Those who create the data feeds we use must make decisions concerning the nature of the transactions they tally and the way they are tallied in each feed, and these decisions affect the nature of our volume data. My Volume X-ray publication discusses some of the reasons why volume information from different timeframes, brokers/exchanges or sectors may vary considerably. I encourage you to read it. This indicator's display of a warning through a background color on volume discrepancies between the timeframe used to access intrabars and the chart's timeframe is an attempt to help you realize these variations in feeds. Don't take things for granted, and understand that the quality of a given feed's volume information affects the quality of the results this indicator calculates.
Markets as ecosystems
I believe it is perilous to think that behavioral patterns you discover in one market through the lens of this or any other indicator will necessarily port to other markets. While this may sometimes be the case, it will often not. Why is that? Because each market is its own ecosystem. As cities do, all markets share some common characteristics, but they also all have their idiosyncrasies. A proportion of a city's inhabitants is always composed of outsiders who come and go, but a core population of regulars and systems is usually the force that actually defines most of the city's observable characteristics. I believe markets work somewhat the same way; they may look the same, but if you live there for a while and pay attention, you will notice the idiosyncrasies. Some things that work in some markets will, accordingly, not work in others. Please keep that in mind when you draw conclusions.
On Up/Down or Buy/Sell Volume
Buying or selling volume are misnomers, as every unit of volume transacted is both bought and sold by two different traders. While this does not keep me from using the terms, there is no such thing as “buy only” or “sell only” volume. Trader lingo is riddled with peculiarities. Without access to order book information, traders work with the assumption that when price moves up during a bar, there was more buying pressure than selling pressure, just as when buy market orders take out limit ask orders in the order book at successively higher levels. The built-in volume indicator available on TradingView uses this logic to color the volume columns green or red. While this script’s calculations are more precise because it analyses intrabars to calculate its information, it uses pretty much the same imperfect logic. Until Pine scripts can have access to how much volume was transacted at the bid/ask prices, our volume delta calculations will remain a mere proxy.
Repainting
• The values calculated on the realtime bar will update as new information comes from the feed.
• Historical values may recalculate if the historical feed is updated or when calculations start from a new point in history.
• Markers and alerts will not repaint as they only occur on a bar's close. Keep this in mind when viewing markers on historical bars,
where one could understandably and incorrectly assume they appear at the bar's open.
To learn more about repainting, see the Pine Script™ User Manual's page on the subject .
Superfluity
In "The Bed of Procrustes", Nassim Nicholas Taleb writes: To bankrupt a fool, give him information . This indicator can display a lot of information. The inevitable adaptation period you will need to figure out how to use it should help you eliminate all the visuals you do not need. The more you eliminate, the easier it will be to focus on those that are the most useful to your trading practice. Don't be a fool.
█ THANKS
Thanks to alexgrover for his Dekidaka-Ashi indicator. His volume plots on candles were the inspiration for my top/bottom plots.
Kudos to PineCoders for their libraries. I use two of them in this script: Time and lower_tf .
The first versions of this script used functionality that I would not have known about were it not for these two guys:
— A guy called Kuan who commented on a Backtest Rookies presentation of their Volume Profile indicator.
— theheirophant , my partner in the exploration of the sometimes weird abysses of request.security() ’s behavior at lower timeframes.
Volume Peak LineA fully configurable “Volume Peak Line” indicator that draws a horizontal threshold at the highest volume over the last X candles (default 5).
Custom lookback (X volume candles)
Optional alert when current volume exceeds that peak
Separate up/down volume bars (green/red) or hide them to use your own volume overlays
Use it to spot surges in trading activity on any timeframe—ideal for intraday or swing setups where a barn-burner volume bar can signal a reversal or the start of a new trend.
Abnormal volume [VG]🪙 INTRODUCTION
This technical indicator helps identify and highlight large volume clusters on the chart.
Abnormal volume refers to unusually large accumulations of volume over short time intervals. Such clusters appear when the amount of assets bought or sold significantly exceeds typical volumes for a specific asset over a given period. These patterns can indicate significant events or intentions of market participants.
Reasons for abnormal volume clusters:
Institutional investments :
Large investment funds and banks may buy or sell significant volumes of assets to rebalance their portfolios.
Impact of news and events :
Important news (e.g., mergers, bankruptcies, management changes) can trigger large-scale buying or selling of assets.
Market manipulation :
Big players may execute large trades to artificially create demand or supply for an asset, affecting its price in the short term.
Insider trading :
Abnormal volumes may signal that someone with insider information has started buying or selling assets in anticipation of future events that could impact the price.
What do abnormal volume clusters mean for traders?
A signal of potential price changes :
High trading volumes are often accompanied by sharp price movements. An increase in volume during price growth might indicate rising interest in the asset, while an increase during a decline could signal a sell-off.
Potential entry or exit points :
For short-term traders, abnormal trades can serve as signals to enter or exit positions. For example, a large volume growth accompanied by a breakout of a key level might be seen as a buy signal.
Caution due to potential manipulation :
Abnormal trades don’t always lead to expected outcomes. Sometimes, they are part of a price manipulation strategy, so it’s essential to consider the broader context and confirm with other signals.
🪙 USAGE
This indicator doesn’t provide trading signals, entry points, or actionable recommendations.
Instead, it simplifies tracking market dynamics and highlights unusual activity worth considering during analysis.
After adding the indicator to the chart, you only need to configure two parameters: the threshold value that determines what constitutes a significant volume cluster and the period over which volumes are aggregated for comparison against the threshold.
It’s recommended to use the shortest available period, as this helps more precisely identify the prevailing volume direction (since this depends on price changes, not trade direction).
The threshold value can be fine-tuned by switching the chart’s timeframe to match the selected period, observing of the significant volume increase on the classic volume histogram, and noting the corresponding market reactions. This allows for selecting a threshold that highlights early signs of impactful trading events on higher timeframes.
Let’s look at an example in the screenshot:
Once the parameters are set, you can also enable an alert to trigger whenever a new volume cluster appears, simplifying event tracking.
Note: in the current version of the indicator, the alert will be triggered only once per bar on the chart at the first detected cluster of abnormal volume.
🪙 IMPLEMENTATION
Technically, the script retrieves volume data from a lower timeframe and estimates whether the volume was primarily generated by buyers or sellers based on price movements.
The lower resolution timeframe is determined as follows:
if the settings base period is less than 1 minute, then the data timeframe will be equal to 1 second
if the settings base period is equals 1 minute or more, then the data timeframe will be equal to 1 minute
The algorithm checks whether the price increased or decreased at each point. If the price rose, the volume is presumed to be driven by buyers and marked as buy volume; otherwise, it’s marked as sell volume.
The total volume at each point is then checked against the user-defined threshold. If the volume exceeds the threshold, a corresponding circle is drawn on the chart, and an alert is generated if created.
The size of the visual representation is proportional to the most recent maximum volume and follows the rules below:
Percentage of max volume -> Volume cluster size
less than 25% -> Tiny
25% to 50% -> Small
50% to 75% -> Normal
75% to 100% -> Large
100% or more -> Huge
🪙 SETTINGS
The indicator is designed to be as simple and minimalist as possible, making configuration effortless. There are only two core parameters, with additional options to customize the colors of volume clusters based on their type.
Trade volume threshold
Defines the volume level above which a cluster is considered significant and displayed on the chart as a circle. The size of the circle depends on the proportion of the current volume relative to the most recent maximum over the chosen period.
Trades base period
Specifies the period for aggregating trade volumes to determine whether they qualify as abnormal. The significance level is set using the Trade volume threshold parameter.
Buy/Sell trades
Allows you to set the colors for abnormal volume circles based on the price direction during cluster formation.
🪙 CONCLUSION
Abnormal volume clusters are always a critical indicator requiring attention and analysis, but they are not a guaranteed predictor of trend changes.
Volume Breakout (ValueRay)Easy visuals on, if volume is way over average. Good for Mean Reverting. Higher Volume tends to higher breakout chances.
Please whisper me for for ideas how to make this better. Its a very simple script, but got some alpha. If you know how to improve, let me know and i will code it into.
Quadro Volume Profile [BigBeluga]🔵 OVERVIEW
The Quadro Volume Profile is a precision-engineered volume profiling tool that segments market activity into four distinct quadrants surrounding the current price. By separating bullish and bearish volume above and below the current price, it helps traders identify dominant forces and high-interest price zones with ease. Each quadrant includes label annotations showing total volume and its share of overall activity — delivering powerful insights into the market’s internal structure.
🔵 CONCEPTS
Four-Quadrant Volume Distribution : Volume is separated into Buy and Sell profiles both above and below the current price.
Directional Volume Logic : Bullish and bearish candle volume is allocated to specific bins, creating color-coded volume stacks.
Dynamic PoC Detection : Point of Control (PoC) levels are calculated per quadrant and optionally displayed.
Lookback-Based Anchoring : The volume histogram is anchored to a fixed lookback window, ensuring consistency and historical context.
Label-Based Analytics : Each quadrant displays a labeled breakdown of direction, total volume, and percentage weight of total activity.
🔵 FEATURES
Four separate volume profiles:
Upper Left: Bearish volume (Sell Quad above price)
Upper Right: Bullish volume (Buy Quad above price)
Lower Left: Bullish volume (Buy Quad below price)
Lower Right: Bearish volume (Sell Quad below price)
Live Labels for Each Quad:
Displays BUY or SELL direction
Shows total volume per quadrant (e.g. 607.49K)
Displays percent share of total quad volume (e.g. 18.87%)
Toggle visibility for each profile and each Point of Control (PoC) dashed PoC lines with volume annotations
Adjustable calculation period (lookBack), number of bins, and horizontal offset
Color gradient intensity represents volume strength per bin
Auto-cleaning visuals to keep the chart uncluttered
Gradient color control for Buy and Sell volumes
Clean midline split between upper and lower quadrants
🔵 HOW TO USE
Select your desired calculation period (default: 200 bars) to define the range for volume analysis.
Adjust the bins parameter for more or less resolution in volume distribution.
Toggle each quadrant on/off depending on your preference using the settings panel:
“Upper Sell Quad” – shows bearish volume above current price (left)
“Upper Buy Quad” – shows bullish volume above current price (right)
“Lower Buy Quad” – shows bullish volume below current price (left)
“Lower Sell Quad” – shows bearish volume below current price (right)
Enable or disable PoC lines for each quad to highlight where volume peaked.
Use the gradient coloring to identify volume imbalances — sharp differences between opposing quads often indicate key zones of rejection or breakout.
Monitor the midline level which splits the four quadrants — it serves as a psychological pivot zone.
🔵 CONCLUSION
The Quadro Volume Profile offers a powerful and visually intuitive way to dissect market activity around price. By splitting volume into four quadrants, traders can better interpret order flow, identify dominant volume zones, and spot potential reversals or continuation setups. Whether you're trading breakouts, liquidity sweeps, or range-bound behavior — this tool adds a structured layer of volume context to your charting workflow.
Volume Insignts AnalyzerDescription:
The Volume Insight Analyzer is an advanced Pine Script designed for traders who want a comprehensive view of volume dynamics on their charts. This script combines multiple volume-based indicators to help identify key trading opportunities, including significant volume days, volume dry-ups, and pocket pivots.
Key Features:
VDU (Volume Dry-Up) Detection: Automatically identifies and marks days when the volume is significantly below its moving average, helping to spot potential breakout or breakdown points. Customizable volume thresholds allow for tailored analysis based on your trading strategy. The Volume Dry-Up label appears when the volume is substantially below its average level and the price is near a key moving average. This condition indicates a period of equilibrium between supply and demand, suggesting a potential low-risk entry point for traders.
Pocket Pivot Analysis using 5 and 10 Length Pocket Pivots: Highlights days with exceptionally high volume compared to recent history, indicating potential pocket pivots. Visual markers on the chart and volume bars color-coded for 5 and 10-day lengths. Pocket pivot points are identified when the volume on a given day exceeds the maximum volume observed over the past several days. Specifically, a 5-day pocket pivot point is marked when today's volume surpasses the highest selling volume of the last 5 days. A cluster of 5-day pocket pivot points within a base is a strong indicator of stock strength. Similarly, a 10-day pocket pivot point following a Volume Dry-Up (VDU) suggests a potential entry opportunity. Moreover, a pre-existing cluster of 5-day pocket pivot points before a 10-day pocket pivot point provides greater conviction in the trade.
Volume Moving Averages: Set different lengths for primary and secondary moving averages to track volume trends over daily, weekly, and monthly timeframes. Options to display moving average lines on the volume chart.
Volume Visualization:
a. Major and Minor Volume Bars: Option to display bars that are either above or below average volume levels. Adjustable settings to show or hide these bars based on user preference.
b. Volume Bar Coloring: Volume bars are color-coded based on significant volume thresholds, including green for bullish signals, red for bearish signals, and orange for volume dry-ups.
Volume Metrics Table: A customizable table that displays real-time volume metrics including Relative Volume (RVOL), Turnover, and the number of high volume days. The table can be oriented horizontally or vertically and styled according to your theme preferences.
Visual Indicators:
a) Volume Dry-Up (VDU) Labels: Clearly marked VDU events with textual annotations on the chart.
b) Bullish and Bearish Arrows: Arrows indicating potential bullish or bearish closes based on volume analysis, enhancing decision-making.
Customization Options:
a) Dark and Light Theme Support: Toggle between dark and light themes to match your chart settings.
b) Adjustable Parameters: Easily configure input settings such as volume thresholds, MA lengths, and table display options to fit your trading style.
How to Use:
Set Parameters: Adjust the script settings such as volume thresholds, moving average lengths, and display preferences according to your analysis needs.
Analyze Volume Patterns: Use the indicators and visual markers provided by the script to identify significant volume patterns and potential trading signals.
Monitor Metrics: Refer to the volume metrics table for a quick overview of key volume-related statistics and trends.
Make Informed Decisions: Utilize the visual cues and volume data provided by the script to enhance your trading strategy and make more informed decisions.
Disclaimer:
This script is for informational purposes only and should not be considered as trading advice. Use it in conjunction with other analysis tools and consult with a financial advisor if needed. Trading involves risk, and past performance does not guarantee future results.
Enhanced Cumulative Volume Delta [NariCapitalTrading]Enhanced Cumulative Volume Delta (eCVD) Technical Guide
Introduction
The Enhanced Cumulative Volume Delta (eCVD) is a technical indicator in trading that measures the cumulative difference between buying and selling volume over a user-defined period. It helps in understanding market sentiment by showing whether buyers or sellers dominate.
Calculation
Inputs
Period : Number of bars for cumulative volume calculation (default: 14).
MA Period : Period for the moving average of eCVD (default: 20).
Volume Delta Calculation
Buying Volume (buyVolChange) : Counted as buying volume if the current close is greater than the previous.
Selling Volume (sellVolChange) : Counted as selling volume if the current close is less than the previous.
Cumulative Volume Delta (CVD)
Cumulative buying ( cumBuyVol ) and selling volumes ( cumSellVol ) are calculated.
Every period bars, these cumulative volumes are reset.
eCVD is the difference between cumulative buying and selling volumes.
CVD Moving Average
Simple Moving Average (SMA) of eCVD calculated over maPeriod .
Interpretation
eCVD Histogram
Plotted as a histogram.
Color Coding :
Green : Positive eCVD (more buying volume).
Red : Negative eCVD (more selling volume).
Black : No significant difference between buying and selling volume.
CVD Moving Average
Moving average line (yellow) indicates eCVD trend direction and strength.
Application
Trend Confirmation : Rising eCVD suggests an uptrend; falling eCVD suggests a downtrend.
Divergence : Opposite movements in price and eCVD can indicate potential reversals.
Volume Analysis : High eCVD values signal high trading activity, significant at market extremes.
Conclusion
The eCVD can be used to analyze buyer/seller dynamics through volume. It should be used alongside other methods for informed trading decisions.
VOLUME Full [Titans_Invest]VOLUME Full
Designed for traders who want to take volume analysis to the next level.
This version delivers deeper insight into volume activity, integrating multiple customizable filters to highlight key buying and selling pressure. It's a comprehensive solution for volume-based decision-making.
⯁ WHAT IS THE VOLUME❓
The Volume indicator is a fundamental technical analysis tool that measures the number of shares or contracts traded in a security or market during a given period. It helps traders and investors understand the strength or weakness of a price movement, confirm trends, and predict potential reversals. Volume is typically displayed as a histogram below a price chart, with each bar representing the volume traded during a specific time interval.
⯁ HOW TO USE THE VOLUME❓
The Volume indicator can be used in several ways to enhance trading decisions:
• Trend Confirmation: High volume during a price move confirms the strength of that trend, while low volume can indicate a weak or unsustainable trend.
• Breakouts: A price breakout from a pattern or range accompanied by high volume is more likely to be valid and sustainable.
• Divergence: When the price moves in one direction and volume moves in the opposite direction, it can signal a potential reversal.
• Overbought/Oversold Conditions: Extreme volume levels can sometimes indicate that an asset is overbought or oversold, though this is less straightforward than with oscillators like the RSI.
⯁ ENTRY CONDITIONS
The conditions below are fully flexible and allow for complete customization of the signal.
______________________________________________________
🔹 CONDITIONS TO BUY 📈
______________________________________________________
▪︎ Signal Validity: The signal will remain valid for X bars .
▪︎ Signal Sequence: Configurable as AND or OR .
🔹 volume Positive
🔹 volume Negative
🔹 volume > volume
🔹 volume < volume
🔹 volume > volume_MA
🔹 volume > volume_MA * Trigger Signal (close > open)
🔹 volume > volume_MA * Trigger Signal (Keep State P)
🔹 volume > volume_MA * Trigger Signal (close < open)
🔹 volume > volume_MA * Trigger Signal (Keep State N)
______________________________________________________
______________________________________________________
🔸 CONDITIONS TO SELL 📉
______________________________________________________
▪︎ Signal Validity: The signal will remain valid for X bars .
▪︎ Signal Sequence: Configurable as AND or OR .
🔸 volume Positive
🔸 volume Negative
🔸 volume > volume
🔸 volume < volume
🔸 volume > volume_MA
🔸 volume > volume_MA * Trigger Signal (close > open)
🔸 volume > volume_MA * Trigger Signal (Keep State P)
🔸 volume > volume_MA * Trigger Signal (close < open)
🔸 volume > volume_MA * Trigger Signal (Keep State N)
______________________________________________________
______________________________________________________
🤖 AUTOMATION 🤖
• You can automate the BUY and SELL signals of this indicator.
______________________________________________________
______________________________________________________
⯁ UNIQUE FEATURES
______________________________________________________
Signal Validity: The signal will remain valid for X bars
Signal Sequence: Configurable as AND/OR
Condition Table: BUY/SELL
Condition Labels: BUY/SELL
Plot Labels in the Graph Above: BUY/SELL
Displays Positive & Negative Volume.
Automate and Monitor Signals/Alerts: BUY/SELL
Signal Validity: The signal will remain valid for X bars
Signal Sequence: Configurable as AND/OR
Table of Conditions: BUY/SELL
Conditions Label: BUY/SELL
Plot Labels in the graph above: BUY/SELL
Displays Positive & Negative Volume.
Automate & Monitor Signals/Alerts: BUY/SELL
______________________________________________________
📜 SCRIPT : VOLUME Full
🎴 Art by : @Titans_Invest & @DiFlip
👨💻 Dev by : @Titans_Invest & @DiFlip
🎑 Titans Invest — The Wizards Without Gloves 🧤
✨ Enjoy!
______________________________________________________
o Mission 🗺
• Inspire Traders to manifest Magic in the Market.
o Vision 𐓏
• To elevate collective Energy 𐓷𐓏
VWAP Volume Profile [BigBeluga]🔵 OVERVIEW
VWAP Volume Profile is an advanced hybrid of the VWAP and volume profile concepts. It visualizes how volume accumulates relative to VWAP movement—separating rising (+VWAP) and declining (−VWAP) activity into two mirrored horizontal profiles. It highlights the dominant price bins (POCs) where volume peaked during each directional phase, helping traders spot hidden accumulation or distribution zones.
🔵 CONCEPTS
VWAP-Driven Profiling: Unlike standard volume profiles, this tool segments volume based on VWAP movement—accumulating positive or negative volume depending on VWAP slope.
Dual-Sided Profiles: Profiles expand horizontally to the right of price. Separate bins show rising (+) and falling (−) VWAP volume.
Bin Logic: Volume is accumulated into defined horizontal bins based on VWAP’s position relative to price ranges.
Gradient Coloring: Volume bars are colored with a dynamic gradient to emphasize intensity and direction.
POC Highlighting: The highest-volume bin in each profile type (+/-) is marked with a transparent box and label.
Contextual VWAP Line: VWAP is plotted and dynamically colored (green = rising, orange = falling) for instant trend context.
Candle Overlay: Price candles are recolored to match the VWAP slope for full visual integration.
🔵 FEATURES
Dual-sided horizontal volume profiles based on VWAP slope.
Supports rising VWAP , falling VWAP , or both simultaneously.
Customizable number of bins and lookback period.
Dynamically colored VWAP line to show rising/falling bias.
POC detection and labeling with volume values for +VWAP and −VWAP.
Candlesticks are recolored to match VWAP bias for intuitive momentum tracking.
Optional background boxes with customizable styling.
Adaptive volume scaling to normalize bar length across markets.
🔵 HOW TO USE
Use POC zones to identify high-volume consolidation areas and potential support/resistance levels.
Watch for shifts in VWAP direction and observe how volume builds differently during uptrends and downtrends.
Use the gradient profile shape to detect accumulation (widening volume below price) or distribution (above price).
Use candle coloring for real-time confirmation of VWAP bias.
Adjust the profile period or bin count to fit your trading style (e.g., intraday scalping or swing trading).
🔵 CONCLUSION
VWAP Volume Profile merges two essential concepts—volume and VWAP—into a single, high-precision tool. By visualizing how volume behaves in relation to VWAP movement, it uncovers hidden dynamics often missed by traditional profiles. Perfect for intraday and swing traders who want a more nuanced read on market structure, trend strength, and volume flow.
Delta Volume Profile [BigBeluga]🔵Delta Volume Profile
A dynamic volume analysis tool that builds two separate horizontal profiles: one for bullish candles and one for bearish candles. This indicator helps traders identify the true balance of buying vs. selling volume across price levels, highlighting points of control (POCs), delta dominance, and hidden volume clusters with remarkable precision.
🔵 KEY FEATURES
Split Volume Profiles (Bull vs. Bear):
The indicator separates volume based on candle direction:
If close > open , the candle’s volume is added to the bullish profile (positive volume).
If close < open , it contributes to the bearish profile (negative volume).
ATR-Based Binning:
The price range over the selected lookback is split into bins using ATR(200) as the bin height.
Each bin accumulates both bull and bear volumes to form the dual-sided profile.
Bull and Bear Volume Bars:
Bullish volumes are shown as right-facing bars on the right side, colored with a bullish gradient.
Bearish volumes appear as left-facing bars on the left side, shaded with a bearish gradient.
Each bar includes a volume label (e.g., +12.45K or -9.33K) to show exact volume at that price level.
Points of Control (POC) Highlighting:
The bin with the highest bullish volume is marked with a border in POC+ color (default: blue).
The bin with the highest bearish volume is marked with a POC− color (default: orange).
Total Volume Density Map:
A neutral gray background box is plotted behind candles showing the total volume (bull + bear) per bin.
This reveals high-interest price zones regardless of direction.
Delta and Total Volume Summary:
A Delta label appears at the top, showing net % difference between bull and bear volume.
A Total label at the bottom shows total accumulated volume across all bins.
🔵 HOW IT WORKS
The indicator captures all candles within the lookback period .
It calculates the price range and splits it into bins using ATR for adaptive resolution.
For each candle:
If price intersects a bin and close > open , volume is added to the positive profile .
If close < open , volume is added to the negative profile .
The result is two side-by-side histograms at each price level—one for buyers, one for sellers.
The bin with the highest value on each side is visually emphasized using POC highlight colors.
At the end, the script calculates:
Delta: Total % difference between bull and bear volumes.
Total: Sum of all volumes in the lookback window.
🔵 USAGE
Volume Imbalance Zones: Identify price levels where buyers or sellers were clearly dominant.
Fade or Follow Volume Clusters: Use POC+ or POC− levels for reaction trades or breakouts.
Delta Strength Filtering: Strong delta values (> ±20%) suggest momentum or exhaustion setups.
Volume-Based Anchoring: Use profile levels to mark hidden support/resistance and execution zones.
🔵 CONCLUSION
Delta Volume Profile offers a unique advantage in market reading by separating buyer and seller activity into two visual layers. This allows traders to not only spot where volume was high, but also who was more aggressive. Whether you’re analyzing trend continuations, reversals, or absorption levels, this indicator gives you the transparency needed to trade with confidence.
Volume Profile Heatmap [UAlgo]The "Volume Profile Heatmap " indicator is a tool designed to visualize the distribution of trading volume across different price levels over a specified period. This heatmap-style indicator helps traders identify significant price levels where a high volume of trading activity has occurred, which can be crucial for making informed trading decisions. The indicator divides the price range into multiple levels and calculates the volume of trades occurring at each level, presenting this data in a visually intuitive manner using a gradient of colors.
By analyzing the volume profile, traders can gain insights into areas of support and resistance, as well as the Point of Control (POC)—the price level with the highest traded volume. This information is valuable in assessing market sentiment, potential reversal points, and key areas of interest where price action might consolidate or react.
🔶 Key Features
Customizable Analysis Period: The indicator allows users to specify the analysis period, defining the historical range over which the volume profile is calculated.
Adjustable Number of Levels: Users can set the number of price levels to divide the price range, offering flexibility in the granularity of the volume analysis.
Color-Coded Heatmap: The indicator uses a gradient color scheme to visually represent volume intensity at each price level. Higher volume areas are shaded differently than lower volume areas, making it easy to spot significant price levels.
Opacity Control: Users can adjust the opacity of the volume boxes, enabling a clearer or more subtle visualization according to their preferences.
Point of Control (POC) Display: The indicator highlights the Point of Control, the price level with the highest traded volume, with a distinct line on the chart, allowing traders to easily identify this critical level.
🔶 Disclaimer
Use with Caution: This indicator is provided for educational and informational purposes only and should not be considered as financial advice. Users should exercise caution and perform their own analysis before making trading decisions based on the indicator's signals.
Not Financial Advice: The information provided by this indicator does not constitute financial advice, and the creator (UAlgo) shall not be held responsible for any trading losses incurred as a result of using this indicator.
Backtesting Recommended: Traders are encouraged to backtest the indicator thoroughly on historical data before using it in live trading to assess its performance and suitability for their trading strategies.
Risk Management: Trading involves inherent risks, and users should implement proper risk management strategies, including but not limited to stop-loss orders and position sizing, to mitigate potential losses.
No Guarantees: The accuracy and reliability of the indicator's signals cannot be guaranteed, as they are based on historical price data and past performance may not be indicative of future results.
Volume Spread Analysis [AlgoAlpha]Unleash the power of Volume Spread Analysis (VSA) with our state-of-the-art indicator designed to detect market divergences and convergences, helping you make informed trading decisions. 📈
Key Features:
Detects bullish and bearish divergences based on volume and price movements. 📊🔍
Identifies bullish and bearish convergences, signaling potential trend continuations or reversals. 🔄📉
Customizable parameters for period length, volume SMA period, and outlier reduction factor. ⚙️🔧
Visual highlights for detected effects, with color-coded boxes and labels. 🟩🟥
Provides alerts for divergences and convergences, keeping you updated on market conditions. 🔔📬
📚 Introduction to Volume Spread Analysis (VSA) :
Volume Spread Analysis is a method used to interpret the relationship between volume and price to identify the intentions of market participants. By analyzing the spread (range) of a price bar and its corresponding volume, VSA helps traders discern market strength and potential reversals.
In VSA, harmony occurs when price and volume move in sync, such as when increasing prices(aka "Effect" in the script) are accompanied by increasing volume. This indicates a strong and healthy trend. Conversely, divergence happens when price and volume move in opposite directions. For example, if prices are rising lesser but volume is still high, it may signal a weakening trend and a potential reversal. Identifying these patterns helps traders understand market dynamics and make more informed trading decisions.
🛠 Quick Guide to Using the Volume Spread Analysis Indicator
⭐ Add the Indicator: Add the indicator to favorites by pressing the star icon. Customize settings such as period length, volume SMA period, and outlier reduction factor to fit your trading style.
📊 Market Analysis: Watch for color-coded boxes indicating effects and labels showing effort values. Look for divergences and convergences to identify potential trading opportunities. A higher work done suggests that the markets are needing to work harder to move the price and users can use that information as displayed below each trend impulse box to analyze the likely hood of trend continuation/reversals.
🔔 Alerts: Enable alerts for divergences and convergences to stay informed of critical market conditions without constant chart monitoring.
🔍 How It Works:
Our indicator meticulously analyzes volume and price data to detect significant market movements. It identifies periods where volume is above or below a moving average, marks these points, and tracks the price effect over a user-defined range. By calculating the effort (volume) and effect (price movement), it distinguishes between divergences and convergences based on predefined conditions. Bullish and bearish conditions are visually represented with color-coded boxes and labels, making it easy to spot trading opportunities. Alerts can be set to notify you of critical market conditions, ensuring you never miss a potential trade setup.
Happy trading! 📈🚀
Volumetric Volatility Blocks [UAlgo]The Volumetric Volatility Blocks indicator is designed to identify significant volatility blocks based on price and volume data. It utilizes a combination of the Average True Range (ATR) and Simple Moving Average (SMA) to determine the volatility level and identify periods of heightened market activity. The indicator highlights these volatility blocks, providing traders with visual cues for potential trading opportunities. It differentiates between bullish and bearish volatility by analyzing price movement and volume, offering a nuanced view of market sentiment. This tool is particularly useful for traders looking to capitalize on periods of high volatility and momentum shifts.
🔶 Key Features
Volatility Measurement Length: Controls the period used to calculate the ATR.
Smooth Length of Volatility: Defines the period for the SMA used to smooth the ATR.
Multiplier of SMA: Sets the minimum threshold for the ATR to be considered a "high volatility" block.
Show Last X Volatility Blocks: Determines how many of the most recent volatility blocks are displayed on the chart.
Mitigation Method: Choose between "Close" or "Wick" price to filter volatility blocks based on price action. This helps avoid highlighting blocks broken by the chosen price level.
Volume Info: Displaying the volume associated with each block.
Up/Down Block Color: Sets the color for bullish and bearish volatility blocks.
🔶 Usage
The Volumetric Volatility Blocks indicator visually represents periods of high volatility with blocks on the chart. Green blocks indicate bullish volatility, while red blocks indicate bearish volatility.
Bullish Volatility Blocks: When the ATR surpasses the smoothed ATR multiplied by the set multiplier, and the price closes higher than it opened, a bullish block is formed. These blocks are generally used to identify potential buying opportunities as they indicate upward momentum.
Bearish Volatility Blocks: Conversely, bearish blocks form under the same conditions, but when the price closes lower than it opened. These blocks can signal potential selling opportunities as they highlight downward momentum.
Volume Information: Each block can display volume data, providing insight into the strength of the market movement. The percentage shown on the block indicates the relative volume contribution of that block, helping traders assess the significance of the volatility.
The volume percentages in the Volumetric Volatility Blocks indicator are calculated based on the total volume of the most recent volatility blocks. For each of the most recent volatility blocks, the percentage of the total volume is calculated by dividing the block's volume by the total volume:
🔶 Disclaimer
Use with Caution: This indicator is provided for educational and informational purposes only and should not be considered as financial advice. Users should exercise caution and perform their own analysis before making trading decisions based on the indicator's signals.
Not Financial Advice: The information provided by this indicator does not constitute financial advice, and the creator (UAlgo) shall not be held responsible for any trading losses incurred as a result of using this indicator.
Backtesting Recommended: Traders are encouraged to backtest the indicator thoroughly on historical data before using it in live trading to assess its performance and suitability for their trading strategies.
Risk Management: Trading involves inherent risks, and users should implement proper risk management strategies, including but not limited to stop-loss orders and position sizing, to mitigate potential losses.
No Guarantees: The accuracy and reliability of the indicator's signals cannot be guaranteed, as they are based on historical price data and past performance may not be indicative of future results.
High/Low VolumeIn this indicator, I show you a better way to define high/low values of volume (or any other indicator).
Quite often, I get requests from my clients that an indicator level should be “high” or that it should be above a certain absolute level.
The first request is hard to interpret mathematically, but traders can easily spot it on the chart. The second one is not flexible, and it might not make sense in another market regime.
To solve that, you can compute dynamic high/low levels that represent unexpected extreme values that are adaptable to recent conditions.
There are two pretty simple methods I’m using quite often in my scripts percentiles and sigma (standard deviations).
Percentile looks back at X bars and computes the value under which a certain % of data points are located. So, for example, if we’re computing 90%tile and we’re looking at 100 bars, we’ll get a value under which we have values of precisely 90 bars for this indicator. It’s a good idea to use something like 5%tile for low level and 95%tile for high level.
Sigma(σ) is related to standard deviation. If we assume that our data is normally distributed, then 68% of data points should be in the range of mean +-1σ, 95% → mean +-2σ. So we can assume that something above 2σ is a pretty rare and extreme event.
In this script, I give you an example of how to compute both on volume, but you can easily change this to another indicator.
The issue with volume is that it’s not normally distributed, and your low level will be quite often too low to detect any low levels. Ideally, we have to use a more sophisticated formula that fits volume distribution better.
In this indicator, you can set the following parameters:
Choose type: Percentile or Sigma
Lookback Period
High/Low Percentiles
Sigmas #
You can also receive alerts for high/low volume events.
Disclaimer
Please remember that past performance may not indicate future results.
Due to various factors, including changing market conditions, the strategy may no longer perform as well as in historical backtesting.
This post and the script don’t provide any financial advice.
Volume Profile AnalysisThe Volume Profile Dashboard is a professional-grade analysis tool built for TradingView. It focuses on displaying a comprehensive volume profile breakdown within a dashboard format directly on the chart. The purpose of this tool is to help traders quickly assess buy versus sell volume dynamics, momentum, and sentiment in order to support informed trading decisions.
Instead of plotting simple bars, this indicator uses a detailed table and visual progress bar to summarize live and historical market activity. By condensing key metrics into a structured format, traders can analyse market behaviour without manually calculating or switching between multiple indicators.
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How the Script Works
1. Data Gathering
The script uses lower-timeframe price and volume data to calculate buy volume, sell volume, and total traded volume for the current and previous candles.
2. Volume Allocation
Buy and sell volumes are estimated by looking at the candle’s range (high to low) and how the closing price aligns within that range. The closer the close is to the high, the stronger the buying pressure. The closer the close is to the low, the stronger the selling pressure.
3. Delta and Momentum
o Delta measures the difference between buy and sell volume.
o Volume momentum compares the current candle’s activity to the previous one, showing if interest is rising or fading.
4. Point of Control (POC)
An average of high, low, and close is calculated to give an approximate “point of control” level—an area of balance where buyers and sellers previously agreed on price.
5. Dashboard Visualization
All these calculations are displayed inside a clean dashboard table with separate rows for the current candle, previous candle, and a summary row. Icons, colors, and progress bars make it visually intuitive.
6. On-Chart Progress Indicator
A dynamic horizontal progress bar is plotted on the chart above price, showing the balance between buy and sell volume for the latest activity.
7. Alerts
Built-in alerts trigger when strong buying or selling pressure is detected or when there is a significant spike in total traded volume.
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How This Tool Can Be Used
• Intraday Trading: Quickly gauge whether buyers or sellers are in control of the market at any moment.
• Swing Trading: Compare momentum shifts between candles to identify early trend reversals.
• Risk Management: Use delta and sentiment signals to confirm whether to hold or reduce exposure.
• Confirmation: Align the volume profile dashboard with other indicators (such as RSI, MACD, or trendlines) for stronger trading conviction.
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Using Mixed Indicators for Decisions
This dashboard alone provides volume insights, but better decisions come when it is combined with other tools:
• Pairing it with an RSI can show whether heavy buying is happening in overbought conditions.
• Combining with a SuperTrend or moving averages can confirm if volume momentum aligns with the price trend.
• Overlaying support/resistance levels can identify whether strong buy/sell signals occur at critical levels.
Mixed indicators prevent relying on one signal alone, reducing false trades.
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Importance of This Tool
• Clarity: Condenses complex volume data into a simple, visual format.
• Speed: Traders can react faster with pre-calculated buy/sell percentages.
• Precision: Highlights hidden imbalances that are not obvious from candles alone.
• Professional-grade dashboard: Offers an institutional-style view of market behavior directly within TradingView.
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Parameters in the Dashboard Table
• Period: Shows whether the row is for the current or previous candle, along with trend arrows.
• Price Range: The high–low range of the candle.
• Total Volume: The sum of buy and sell activity.
• Buy Volume / Sell Volume: Separated distribution of transactions leaning bullish or bearish.
• Delta: The net difference between buy and sell volumes, highlighting pressure imbalance.
• Buy % / Sell %: The percentage contribution of each side to total volume.
• POC: An average reference level where market consensus was strongest.
• Progress: A graphical bar showing buy vs sell dominance.
• Signal: Simplified output like Strong Buy, Buy, Strong Sell, Sell, Neutral.
• Summary Row: Compares changes between the current and previous candles and gives overall market sentiment.
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Stock Market Disclaimer
This tool is for educational and informational purposes only. It does not constitute financial advice, investment advice, or trading recommendations. The stock market and cryptocurrency markets involve high risk. Traders and investors should do their own research and consult licensed financial advisors before making investment decisions. Past performance is not indicative of future results.
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Misuse Disclaimer
This script has been developed as per TradingView’s rules and is intended for responsible trading analysis only. Any misuse, redistribution, or modification outside of TradingView’s policies is discouraged. The author and platform are not responsible for financial losses, misinterpretation of signals, or misuse of the code.
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Disclaimer
Training & Educational Only — This material and the indicator are provided for educational purposes only. Nothing here is investment advice or a solicitation to buy or sell financial instruments. Past simulated or historical performance does not predict future results. Always perform full back testing and risk management, and consider seeking advice from a qualified financial professional before trading with real capital.
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Volume Sentiment Pro (NTY88)Volume Sentiment Edge: Smart Volume & RSI Trading System
Description:
Unlock the power of volume-driven market psychology combined with precision RSI analysis! This professional-grade indicator identifies high-probability trading opportunities through:
🔥 Key Features
1. Smart Volume Spike Detection
Auto-detects abnormal volume activity with adaptive threshold
Clear spike labels & multi-timeframe confirmation
RSI-Powered Sentiment Analysis
Real-time Bullish/Bearish signals based on RSI extremes
Combined volume-RSI scoring system (Strong Bull/Bear alerts)
2. Professional Dashboard
Instant sentiment status table (bottom-right)
Color-coded momentum strength visualization
Customizable themes for all chart styles
3. Institutional-Grade Tools
HTF (Daily/Weekly) volume confirmation
EMA trend-filtered momentum signals
Spike-to-Threshold ratio monitoring
4. Trade-Ready Alerts
Pre-configured "Bullish Setup" (Spike + Oversold RSI)
"Bearish Setup" (Spike + Overbought RSI)
Why Traders Love This:
✅ Real-Time Visual Alerts - SPIKE markers above bars + table updates
✅ Adaptive Thresholds - Self-adjusting to market volatility
✅ Multi-Timeframe Verification - Avoid false signals with HTF confirmation
✅ Customizable UI - 10+ color settings for perfect chart integration
Usage Scenarios:
Day Traders: Catch volume surges during key sessions
Swing Traders: Confirm reversals with RSI extremes
All Markets: Works equally well on stocks, forex & crypto
Confirmation Tool: Combine with your existing strategy
Sample Setup:
"Enter long when:
5. RED SPIKE label appears
Table shows 'Oversold RSI'
Momentum status turns 'Bullish'
Volume exceeds daily average (Confirmed)"
📈 Try Risk-Free Today!
Perfect for traders who want:
Clean, non-repainting signals
Institutional-level volume analysis
Professional visual feedback
Customizable trading rules
⚠️ Important: Works best on 15m-4h timeframes. Combine with price action for maximum effectiveness.
📜 Legal Disclaimer
By using this indicator, you agree to the following terms:
Not Financial Advice
This tool provides technical analysis only. It does NOT constitute investment advice, financial guidance, or solicitation to trade.
High Risk Warning
Trading financial instruments carries substantial risk. Past performance ≠ future results. Never risk capital you cannot afford to lose.
No Guarantees
Signals are based on historical data and mathematical models. Market conditions may change rapidly, rendering previous patterns ineffective.
User Responsibility
You alone bear 100% responsibility for trading decisions. We expressly disclaim liability for any profit/loss resulting from this tool's use.
Professional Consultation
Always consult a licensed financial advisor before taking positions. This tool should NEVER be used as sole decision-making criteria.
Educational Purpose
This indicator is provided "as is" for informational/educational use only. No representation is made about its accuracy or completeness.
Third-Party Data
We do not verify exchange data accuracy. Use signals at your own discretion after independent verification.
Follow the Volumes / Path of Least ResistanceThis indicator tracks price movements following significant volume increases. It identifies volume spikes by comparing recent average volume to a longer-term average. After a spike, it monitors price changes over a specified number of bars.
In plain English, the point of this is to “let the market show it’s hand”, vs. other common and preemptive methods of execution.
You can think of it as a better version of a volume up/down indicator which only uses opening and closing prices to identify "bullish" or "bearish" behavior.
To optimize this, I used a very small range chart, hence the small values. You will need to experiment with other values, ESPECIALLY the % change. If you do not do this, the indicator will generate a lot of noise.
The indicator has three main conditions:
1. Significant price increase, bullish: A green triangle appears below the bar.
2. Significant price decrease, bearish: A red triangle appears above the bar.
3. Price change within thresholds: A fuschia triangle appears, pointing up or down based on the overall (short-term) trend. This is common behavior during trends. A spike in volume will appear, and price simply does not budge. Volume/price is essentially declaring a new found value, in which case prices tend to follow the impulse movement (see market profile theory).
The color scheme is intuitive: green for positive moves, red for negative, and fuschia for subtle changes following the existing trend. Blue circles mark volume spikes for reference, which I recommend using only for reference, and disabling to remove unneeded noise.
Because this indicator "lags" in the sense of waiting for the market to show its hand, best opportunities are typically found on retests of the volume spikes themselves. On drives, however, the market will unlikely pullback, which (in my view) is one of its best use cases.
Bottom line, you will need to adjust the parameters to the instrument. This is not a plug and play solution, but far more accurate than those which are.
Settings, and what they mean:
Volume spike average bars: length for identification of high volumes. On smaller timeframes, such as my optimization period, you’ll want several bars. But on something such as a 5 minute or higher, only 1.
Lookback period: for identification of high volumes.
Volume Increase Threshold (%): % which constitutes a jump in volume
Bars After Spike: How long to wait for ensuing price movement. Also sensitive to the timeframe you are using. 1-2 recommended for 5m+, more for smaller range-based.
Negative Price Change Threshold (%): For red arrows (Volume + Price Movement)
Positive Price Change Threshold (%): Inverse of above
WMA Period for Stability Function: When price spikes on high volumes but does not move (price is “trapped” between negative and positive price change thresholds) the indicator marks direction (in fuchsia) in the direction of the underlying trend. This short-term MA identifies that trend.
Finally, because this indicator is volume-based, I recommend using primary instruments only and discourage its use on CFDs or other firm-generated instruments. Just use the primary. I would ignore signals off the open, which is subject to erroneous behavior. Other methods are far more effective for that.
This script is purposely uncomplicated. Feel free to play with settings and change code to suit your needs.
