OPEN-SOURCE SCRIPT
VOLKDW!
This indicator displays real-time trading volume to help identify institutional participation, momentum strength, and potential reversals.
Volume bars expand during periods of high market interest, often confirming breakouts, trend continuations, and high-probability entries. Contracting volume can signal exhaustion, consolidation, or weakening trends.
How to Use:
Rising price + rising volume → strong trend confirmation
Rising price + falling volume → possible divergence or fake breakout
High volume spikes → institutional activity or key decision points
Low volume zones → chop, consolidation, or no-trade environments
Best used alongside price action, support/resistance, ORB, and market structure for confirmation—not as a standalone signal.
💣 Volume Pressure Indicator – Description (Aggressive / Trader Style)
This indicator tracks raw volume pressure to expose where real money steps in.
Explosive volume bars often mark:
Breakouts that actually matter
Stop runs
Reversal traps
Trend continuation fuel
When price moves without volume, it’s usually fake.
When volume expands, something real is happening.
Trading Logic:
Volume spike + breakout = high-conviction move
Volume spike + rejection = reversal / fade setup
Weak volume = sit on hands
Climax volume = trend exhaustion warning
Designed to keep you out of dead markets and in sync with momentum.
Volume bars expand during periods of high market interest, often confirming breakouts, trend continuations, and high-probability entries. Contracting volume can signal exhaustion, consolidation, or weakening trends.
How to Use:
Rising price + rising volume → strong trend confirmation
Rising price + falling volume → possible divergence or fake breakout
High volume spikes → institutional activity or key decision points
Low volume zones → chop, consolidation, or no-trade environments
Best used alongside price action, support/resistance, ORB, and market structure for confirmation—not as a standalone signal.
💣 Volume Pressure Indicator – Description (Aggressive / Trader Style)
This indicator tracks raw volume pressure to expose where real money steps in.
Explosive volume bars often mark:
Breakouts that actually matter
Stop runs
Reversal traps
Trend continuation fuel
When price moves without volume, it’s usually fake.
When volume expands, something real is happening.
Trading Logic:
Volume spike + breakout = high-conviction move
Volume spike + rejection = reversal / fade setup
Weak volume = sit on hands
Climax volume = trend exhaustion warning
Designed to keep you out of dead markets and in sync with momentum.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.