PROTECTED SOURCE SCRIPT

Smart Volume Direction Pro

78
This indicator estimates whether buying or selling pressure is dominant using volume and how the candle moved. It computes RVOL (relative volume), a proxy “delta” based on candle body/range (not true order flow), and confirms it with VWAP (or VWMA on swing timeframes). If “Micro” is enabled, it also aggregates signed volume from a lower timeframe to refine intrabar bias. With that, it produces a directional score, plots signals when volume is strong + direction is clear, and displays a dashboard with BUY/SELL, strength, imbalance%, and basic data-quality checks.

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.