RVOL Effort Matrix💪🏻 RVOL Effort Matrix is a tiered volume framework that translates crowd participation into structure-aware visual zones. Rather than simply flagging spikes, it measures each bar’s volume as a ratio of its historical average and assigns to that effort dynamic tiers, creating a real-time map of conviction , exhaustion , and imbalance —before price even confirms.
⚖️ At its core, the tool builds a histogram of relative volume (RVOL). When enabled, a second layer overlays directional effort by estimating buy vs sell volume using candle body logic. If the candle closes higher, green (buy) volume dominates. If it closes lower, red (sell) volume leads. These components are stacked proportionally and inset beneath a colored cap line—a small but powerful layer that maintains visibility of the true effort tier even when split bars are active. The cap matches the original zone color, preserving context at all times.
Coloration communicates rhythm, tempo, and potential turning points:
• 🔴 = structurally weak effort, i.e. failed moves, fake-outs or trend exhaustion
• 🟡 = neutral volume, as seen in consolidations or pullbacks
• 🟢 = genuine commitment, good for continuation, breakout filters, or early rotation signals
• 🟣 = explosive volume signaling either climax or institutional entry—beware!
Background shading (optional) mirrors these zones across the pane for structural scanning at a glance. Volume bars can be toggled between full-stack mode or clean column view. Every layer is modular—built for composability with tools like ZVOL or OBVX Conviction Bias.
🧐 Ideal Use-Cases:
• 🕰 HTF bias anchoring → LTF execution
• 🧭 Identifying when structure is being driven by real crowd pressure
• 🚫 Fading green/fuchsia bars that fail to break structure
• ✅ Riding green/fuchsia follow-through in directional moves
🍷 Recommended Pairings:
• ZVOL for statistically significant volume anomaly detection
• OBVX Conviction Bias ↔️ for directional confirmation of effort zones
• SUPeR TReND 2.718 for structure-congruent entry filtering
• ATR Turbulence Ribbon to distinguish expansion pressure from churn
🥁 RVOL Effort Matrix is all about seeing—how much pressure is behind a move, whether that pressure is sustainable, and whether the crowd is aligned with price. It's volume, but readable. It’s structure, but dynamic. It’s the difference between obeying noise and trading to the beat of the market.
Pesquisar nos scripts por "VOLUME BAR"
Modified Volume IndicatorThis indicator colors volume bars based on price and range conditions for a given period:
Green Bars:
The close is at least 70% of the way up the daily range (from the low).
The close is also 1% or more above the low.
Red Bars:
The close is at least 70% of the way down the daily range (from the high).
The close is also 1% or more below the high.
Gray Bars:
Volume bars that don’t meet the above conditions are neutral.
Purpose
Green Bars highlight strong upward closes.
Red Bars indicate weak downward closes.
Gray Bars show neutral or inconclusive price movement.
This indicator helps traders identify momentum shifts and trend strength in real-time.
Slippage Calculator Hello everyone,
This is the first script I publish, also my English is not the best my apologies.
This simple study script is an attempt to estimate the slippage during a trade. By no means it is a precise calculation, it is just an approach that can be improved.
You are welcome to take this simple script and use it and change it at your convenience just ask your acknowledge.
My approach considers the total fluctuation the price gets as a consequence for the total volume on that specific bar.
The volume on each bar is given in BTC, thus you get that by using the formula.
vol = volume * vwap
The total variation in price is considered as twice the size of the bar plus the gap between to consecutive bars. that is the
total fluctuation of price on each bar = (2 * (high - low) + abs(open - close )) which is not totally true since inside each bar price can fluctuate a lot more.
The script considers you are trading your total equity (eq_BTC ) each time. The fraction of your equity of the volume bar is eq_BTC / vol
Then eq_BTC / vol is the portion or the total fluctuation in price that is due to your entry or exit from the market.
(2 * (high - low) + abs(open - close )) * eq_BTC / vol
is the average change in price due you enter o exit a position.
** the 2 factor accounts for the two directions in the market buying and selling. There is more behind this formula I can explain you in more detail if you like.
I haven't seen anywhere a formula like this one, so it is intended to be a first attempt to get a better approach.
Finally the output of the scripts is how many ticks the price might change due to your trade on each bar
round(slippage/syminfo.mintick)
The script is focused in crypto but it can be used as well on forex markets.
Take care,
@yvponce
Volume Surge Detector[SpeculationLab]Volume Surge Detector
This tool is especially useful for spotting early signs of breakouts, news-driven spikes, or institutional activity that are often preceded by abnormal surges in volume.
For better chart readability, the volume bar colors are based on TradingView’s original Volume indicator, while all other code is fully original by Speculation Lab.
You can customize both the SMA line and the volume bar colors to fit your style.
The logic compares the current volume against its SMA (default length: 14, fully adjustable).
The script comes with two surge levels:
Surge Level 1 (default = 5) → When volume is more than 5× the SMA, the bar turns aqua.
Surge Level 2 (default = 10) → When volume is more than 10× the SMA, the bar turns yellow.
It also includes built-in alerts, so you’ll be notified instantly whenever a surge is detected.
This makes it easier to spot potential breakout moves or large market participation in real time.
Disclaimer: This script is for educational purposes only. It does not provide financial advice.
这是一个用于探测 成交量爆发 的指标。
为了图表美观，成交量柱的颜色借鉴了 TradingView 原始 Volume 指标，其余代码均为 Speculation Lab 原创。
用户可以自由调整成交量柱和其对应的 SMA 均线的颜色。
指标通过对比成交量和其 SMA（默认长度为14，可自定义长度和颜色）的比例来检测放量。
默认设置了两个放量级别：
Surge Level 1（默认=5）：当成交量超过均量的 5 倍时，量柱变为水蓝色。
Surge Level 2（默认=10）：当成交量超过均量的 10 倍时，量柱变为黄色。
脚本还设置了 内置警报功能，方便交易者在出现放量时实时收到通知。
Volume pressure by GSK-VIZAG-AP-INDIA🔍 Volume Pressure by GSK-VIZAG-AP-INDIA
🧠 Overview
“Volume Pressure” is a multi-timeframe, real-time table-based volume analysis tool designed to give traders a clear and immediate view of buying and selling pressure across custom-selected timeframes. By breaking down buy volume, sell volume, total volume, and their percentages, this indicator helps traders identify demand/supply imbalances and volume momentum in the market.
🎯 Purpose / Trading Use Case
This indicator is ideal for intraday and short-term traders who want to:
Spot aggressive buying or selling activity
Track volume dynamics across multiple timeframes *1 min time frame will give best results*
Use volume pressure as a confirming tool alongside price action or trend-based systems
It helps determine when large buying/selling activity is occurring and whether such behavior is consistent across timeframes—a strong signal of institutional interest or volume-driven trend shifts.
🧩 Key Features & Logic
Real-Time Table Display: A clean, dynamic table showing:
Buy Volume
Sell Volume
Total Volume
Buy % of total volume
Sell % of total volume
Multi-Time frame Analysis: Supports 8 user-selectable custom time frames from 1 to 240 minutes, giving flexibility to analyze volume pressure at various granularities.
Color-Coded Volume Bias:
Green for dominant Buy pressure
Red for dominant Sell pressure
Yellow for Neutral
Intensity-based blinking for extreme values (over 70%)
Dynamic Data Calculation:
Uses volume * (close > open) logic to estimate buy vs sell volumes bar-by-bar, then aggregates by timeframe.
⚙️ User Inputs & Settings
Timeframe Selectors (TF1 to TF8): Choose any 8 timeframes you want to monitor volume pressure across.
Text & Color Settings:
Customize text colors for Buy, Sell, Total volumes
Choose Buy/Sell bias colors
Enable/disable blinking for visual emphasis on extremes
Table Appearance:
Set header color, metric background, and text size
Table positioning: top-right, bottom-right, etc.
Blinking Highlight Toggle: Enable this to visually highlight when Buy/Sell % exceeds 70%—a sign of strong pressure.
📊 Visual Elements Explained
The table has 6 rows and 10 columns:
Row 0: Headers for Today and TF1 to TF8
Rows 1–3: Absolute values (Buy Vol, Sell Vol, Total Vol)
Rows 4–5: Relative percentages (Buy %, Sell %), with dynamic background color
First column shows the metric names (e.g., “Buy Vol”)
Cells blink using alternate background colors if volume pressure crosses thresholds
💡 How to Use It Effectively
Use Buy/Sell % rows to confirm potential breakout trades or identify volume exhaustion zones
Look for multi-timeframe confluence: If 5 or more TFs show >70% Buy pressure, buyers are in control
Combine with price action (e.g., breakouts, reversals) to increase conviction
Suitable for equities, indices, futures, crypto, especially on lower timeframes (1m to 15m)
🏆 What Makes It Unique
Table-based MTF Volume Pressure Display: Most indicators only show volume as bars or histograms; this script summarizes and color-codes volume bias across timeframes in a tabular format.
Customization-friendly: Full control over colors, themes, and timeframes
Blinking Alerts: Rare visual feature to capture user attention during extreme pressure
Designed with performance and readability in mind—even for fast-paced scalping environments.
🚨 Alerts / Extras
While this script doesn’t include TradingView alert functions directly, the visual blinking serves as a strong real-time alert mechanism.
Future versions may include built-in alert conditions for buy/sell bias thresholds.
🔬 Technical Concepts Used
Volume Dissection using close > open logic (to estimate buyer vs seller pressure)
Simple aggregation of volume over custom timeframes
Table plotting using Pine Script table.new, table.cell
Dynamic color logic for bias identification
Custom blinking logic using na(bar_index % 2 == 0 ? colorA : colorB)
⚠️ Disclaimer
This indicator is a tool for analysis, not financial advice. Always backtest and validate strategies before using any indicator for live trading. Past performance is not indicative of future results. Use at your own risk and apply proper risk management.
✍️ Author & Signature
Indicator Name: Volume Pressure
Author: GSK-VIZAG-AP-INDIA
TradingView Username: prowelltraders
1. [Pufferman] - Comprehensive VolumeThis indicator presents a comprehensive approach to volume analysis, incorporating several key metrics to provide traders with a detailed view of market activity. Here's what's included:
1. Cumulative Relative Volume (Intraday): This metric accumulates volume data throughout the day, comparing it to historical session averages up to the current time. It's particularly useful for intraday analysis to determine if the stock is trading high or low volume before the day is over.
2. Real Relative Volume - This feature calculates the relative volume of a stock in comparison to the SPY, offering insight into whether a stock is trading with higher relative volume than the broader market.
3. Configurable Moving Average for Volume: Users can adjust the moving average period for average volume, allowing for flexible adaptation to different trading strategies and time frames. (green line in photo)
4. Above/Below Average Line: This line indicates whether the current volume bar exceeds or falls short of the session's average volume, providing immediate context for volume analysis. (red line in photo).
5. Volume Display in Abbreviations: Actual volume figures are presented in an abbreviated format, using "K" for thousands and "M" for millions, facilitating quick and easy analysis.
6. Color-Coded Relative and Real Relative Volume: Both the Relative Volume (RVOL) and Real Relative Volume (RRVOL) are color-coded to instantly convey volume concentration levels, enhancing visual analysis across multiple charts.
7. Volume Bars with Bullish and Bearish Highlights: Traditional volume bars are color-highlighted according to corresponding candle patterns, aiding in the identification of market sentiment.
Key Points:
The RVOL is a cumulative metric, considering time-of-day volume comparisons for intraday analysis. This approach offers a nuanced understanding of volume patterns specific to the timeframe being viewed.
The RRVOL provides a comparative analysis against the market, offering insights into stock-specific volume activity relative to market trends.
Note: This indicator is designed for intraday analysis and may not function as intended on timeframes above daily due to the cumulative nature of its volume calculations.
HTF Volume by Prosum SolutionsOverview of Features
This indicator was inspired by the work of "LonesomeTheBlue" in the script called "Volume Multi Time Frame" . This script will provide a highly customizable interface to specify the higher timeframe period for the volume with the ability to link to the "HTF Candles by Prosum Solutions" indicator using the "HTF Setting Code" data point, as well as adjusting various styling options for the volume bar color fill and border.
Usage Information
The indicator can be applied to any chart at any time frame. When the "Chart" option is chosen for the "Timeframe" field, the indicator will attempt to find a higher timeframe resolution to ensure the volume bars are drawn. The indicator will simply accumulate the volume value for each candlestick bar and reset when the new high timeframe period has started. The color of the volume bars are relative to the higher timeframe setting so that you can visually interpret when the volume in a rising or falling state relative to the higher timeframe price action.
If you choose to add the "HTF Candles by Prosum Solutions" indicator, you can link this indicator to it by choosing the "HTF Candles" option for the "Timeframe Source" field and then choosing the "HTF Setting Code" option for the "HTF Candles" field. At this point, whenever you adjust the high timeframe setting in the "HTF Candles by Prosum Solutions" indicator, this indicator will automatically adjust the timeframe to match it, thereby reducing the steps you need to take to keep the two indicators in sync.
Enjoy! 👍
Volume [Educational]Hello All,
This is an educational work and it's developed to show how to write scripts that will work like built-in volume indicator.
We have new features in Pine Script™ Language, such chart.bg_color, chart.fg_color, chart.left_visible_bar_time, chart.right_visible_bar_time and many more. Many Thanks to Tradingview and Pine Team for such great additions!
You can find more information about these new functions here .
How the script works?
- At the first step it calculates how many visible bar on the chart by using chart.right_visible_bar_time and chart.left_visible_bar_time functions.
- Calculates the zero line for the volume
- Finds maximum volume on visible area and normalize all volume values
- Draws volume bars
- Shows volume info as indicator value. in this step it uses chart.fg_color and plotarrow() commands to show the values in optimum color.
In order to place the indicator at the bottom of the chart, Please set Bottom Margin = 0 as shown in the following screenshot:
You can change the volume bar colors optionally.
An Example screenshot with different volume bar colors:
Enjoy!
Martingale8MARTINGALE8 Indicator: Comprehensive User Guide
Welcome to the MARTINGALE8 Indicator, your ultimate tool for implementing a customizable martingale trading strategy directly on TradingView! Whether you're a beginner trader or an experienced strategist, this indicator offers flexibility and clarity, empowering you to trade with confidence. Let’s dive into how you can make the most of it!
What Is the Martingale Principle?
The martingale strategy is a betting technique often used in gambling and trading. The idea is simple: double down on losing positions so that when a trade eventually succeeds, the profits will recover all previous losses and yield a small profit. In trading, this translates to placing incrementally larger buy orders as the price moves against your initial position, assuming the price will eventually reverse in your favor.
The martingale principle works under the asumption of mean reversion —that the price will eventually recover to a point where all accumulated losses are recouped, and a profit is made. By increasing order sizes at lower levels, the average entry price moves closer to the current price, reducing the price move required to reach profitability. However, like any strategy, it carries risks — if the price continues to move against your position without reversing, losses can escalate quickly .
What Does MARTINGALE8 Do?
The MARTINGALE8 Indicator is an open source script designed to:
Calculate multiple price levels (buy and take-profit) using a martingale strategy.
Allow full customization of entry size, order deviation, profit targets, and order multipliers.
Visualize key trading levels directly on the chart for better decision-making.
Provide helpful labels with real-time metrics like total cost, range analysis, and high-volume bar prices.
This indicator is ideal for traders looking to automate and refine their martingale-based trading approaches.
Features
1. Customizable Inputs
You have complete control over key parameters:
Start Price: Set a custom starting price, or let it default to the market price.
Entry Size: Choose your initial trade size (default: equivalent to 7.5 USDT).
Order Multiplier: Adjust the size of each subsequent order in the martingale sequence.
Order Deviation: Define the percentage deviation for each buy level.
Profit Deviation: Determine the target percentage deviation for take-profit levels.
Length: Specify the lookback period for market analysis (default: 84 bars).
2. Market Analysis
The script calculates key metrics, including:
Highest Volume Bar (HVB): Identifies the bar with the highest trading volume in the selected period.
Range Analysis: Computes the high-to-low range percentage to help you understand market volatility.
3. Martingale Levels
Automatically generates :
10 Buy Levels: Strategically placed below the starting price.
Take-Profit Level: A target above the starting price based on the profit deviation.
4. Cost Calculation
The script calculates the total cost of all orders, including a 10% buffer for safety, so you can plan your capital allocation effectively.
5. Visual Elements
The indicator draws clean and intuitive lines for:
Take-Profit Level: Highlighted in fuchsia.
Buy Levels: Clearly marked with aqua lines.
Zero Line: Your base price, shown in white.
Additional labels provide:
A summary of key metrics like total cost, entry price, and range.
Precise price values for the take-profit and lowest buy levels.
How to Use MARTINGALE8
Step 1: Add the Indicator to Your Chart
Click on the “Indicators” tab in TradingView.
Search for “MARTINGALE8” and add it to your chart.
Step 2: Configure the Inputs
Navigate to the Settings menu of the indicator and adjust the following parameters:
Start Price : Set your starting price or leave it as 0 to use the current market price.
Entry Size : Define the size of your initial trade (e.g., 7.5 USDT).
Order Multiplier : Choose how much larger each subsequent order should be.
Order Deviation : Specify the percentage distance between buy levels.
Profit Deviation : Set your desired percentage for the take-profit level.
Length : Adjust the number of bars to analyze for high volume.
Step 3: Visualize the Levels
The indicator will plot:
A white line for the base price.
Aqua lines for the buy levels.
A fuchsia line for the take-profit level.
Step 4: Monitor the Labels
Look for the summary label on the chart, which shows:
Total cost of the martingale orders.
Entry price and key market metrics (range, high-volume bar price).
Tips for Optimal Use
Adjust Inputs to Match Market Conditions : Experiment with order and profit deviations to account for volatile or steady markets.
Manage Risk : Use the cost calculation feature to ensure you allocate capital responsibly.
Technical Details
The script is written in Pine Script v6 and uses:
Switch Statements : For flexible default values.
Line Objects : To draw and update key price levels dynamically.
Labels : To display relevant trading metrics.
I’m glad to share this tool with the TradingView community. If you enjoy using MARTINGALE8, please keep it going and share your feedback. Let’s trade smarter, not harder!
Smart VolumeThis script introduces a unique approach to volume analysis by combining three critical components that work together to identify institutional activity:
1. Adaptive Volume Analysis
- Automatically calculates significant volume thresholds specific to each stock (current bar volume compared to the average of previous 6 bars)
- Unlike standard indicators using fixed multipliers (like 2x average volume), this adapts to each stock's unique trading characteristics
- Example: A 2x volume spike might be significant for AAPL but irrelevant for a volatile small-cap
2. Volume Contraction Pattern (VCP) Detection
- Identifies periods of decreasing volume with precise criteria:
• Requires 6+ consecutive periods of declining volume
• Volume must compress by at least 20% from peak
• Price must remain within a defined channel
- Automatically detects completion of compression patterns
3. RVM (Relative Volatility Measure) Integration
- Measures current volatility against historical averages
- Identifies low-volatility periods that often precede major moves
- When combined with volume compression, signals higher probability setups
How Components Work Together:
- Volume spikes are evaluated against stock-specific thresholds
- VCP detection runs continuously to identify compression patterns
- RVM confirms volatility contraction aligned with volume compression
- When all three align, the indicator signals potential breakout entry
Usage:
1. Monitor volume bars for spikes above adaptive thresholds (bright green/red)|
2. Monitor average volume line turning from white to green indicating volume contraction (the brighter the green the more contraction happened)
2. Watch for green shading at the zero-line indicating volatility compression (RVM)
3. Use the statistics table for more insights
Original Features:
- First indicator to combine adaptive volume thresholds with VCP detection
- Implements stock-specific volume analysis instead of fixed multipliers
- Integrates volatility confirmation with volume patterns
- Provides real-time statistical analysis of compression patterns
Best suited for daily timeframes on liquid stocks where institutional activity is most visible.
Note: While patterns suggest potential moves, always confirm with price action before trading.
Video:
Volume Bull/Bear Activity [ZC]Volume Bull/Bear Activity Summary
This indicator generates a summary of bull/bear activity for 20 symbols.
For each symbol, two bars are displayed, colored green and red.
The green bar indicates bull volume, reflecting activity within the last candle of the symbol.
The red bar signifies bear volume within the real-time bar, continuously updated.
You can seamlessly adjust the timeframe for this indicator.
Features :
Bear/Bull Volume bars ( Realtime )
ability to add 20 symbols
price is colored in Green or red to determine if its Green/Red candle .
More into its data
Volume [theEccentricTrader]OVERVIEW
This indicator simply bridges the gap between symbols from brokers that provide volume data and symbols from brokers that do not provide volume data. Users can select any symbol that provides volume data from the settings menu and the volume data will be displayed in histogram form on their current chart. The default volume symbol is CURRENCYCOM:US500.
CONCEPTS
Volume
Volume refers to the total number of shares or contracts that are traded during a given period of time. It is a measure of the amount of activity in the market and can be used to gauge the strength or weakness of a particular trend.
Volume is typically displayed as a histogram on trading charts, with each bar representing the total volume for a particular time period. High volume bars indicate a lot of trading activity, while low volume bars indicate relatively little trading activity.
Traders use volume in a number of ways. For example, they may use it to confirm a trend. If a stock is trending up and the volume is also increasing, this can be seen as a sign that the trend is strong and likely to continue. Conversely, if a stock is trending down and the volume is also increasing, this can be seen as a sign that the trend is weak and may be coming to an end. Volume can similarly be used to identify potential reversals. If a stock is trending up but the volume starts to decrease, this could indicate that the trend is losing momentum and that a reversal may be imminent.
FEATURES
Inputs
• Volume Symbol
Style
Users can change plot color and style from the default Style menu if so required.
NOTES
For 24-hour markets and forex volume I use the broker currency.com. As can be seen in the example above, I am using CURRENCYCOM:USDJPY to pull volume to a FOREXCOM:USDJPY chart, which otherwise would not show volume data as forex.com do not provide it.
Current bar predicted volumeDrag this indicator in the same panel with the volume in the object tree, then right click on the scale bar and set "merge all scale into one" for a correct visualization.
This indicator multiply the current traded volume of a candle with the total time of that candle. This offer a prediction of where, in case the volumes would keep trading at a comparable magnitude, the volume bar would close when the candle will close.
The predicted volume is indicated with a blue short line above the current volume bar, and updates in real time.
I find this indicator extremely useful to offer at a glance an idea of an ascending or descending volume pattern, that can serve as confirmation for a reversal or breakout for example.
Very suitable for short time frames, where decisions have to be taken fast.
Enjoy,
Luca.
Time Segmented Volume BandsTime Segmented Volume Bands
This time I took as a basis TSV - Time Segmented Volume, a rather rare one, almost never mentioned on TradingView.
TSV is a leading indicator because its movement is based on both the movement of the stock price and its volume. Ideal entry and exit points are usually found when a stock moves through a baseline. This indicator is similar to the more well-known balance volume (OBV) because it measures the amount of money flowing in or out of a particular stock.
What is their main difference between TSV and OBV?
Time Segmented Volume is used to eliminate distortions of the standard volume graph. OBV is based on cumulative total volume, while TSV compares the current time period with the previous one, without a subtotal.
What I added on my own script
Bands, similar to Bollinger. The main idea is to have an idea of the average inflow and outflow of volumes from / to shares for a particular period. We have an opportunity to estimate how much the current volumes differ from the average for 60 days (all values can be flexibly adjusted).
Excess markers by the current average volume (sensitivity can be adjusted separately).
A table that calculates the total sentiment (force) of volume on average for N periods in comparison with the current one.
Sell/buy markers
How to read a TSV graph
The main graph is a histogram. Green bars mean an inflow of volume, red bars mean an outflow. When the red volume crosses the baseline zero, it is considered a buy signal (in the classic TSV version). A similar sell signal - just the opposite. I highlight them with a colored background fill.
It is especially important to find divergences on the chart. For example, when the volume peaks getting lower but the price rises (short).
The yellow line is the average TSV for 7 periods. Just a smoother lagging line.
Blue stripes. Above - the average inflow of volumes over N periods (44 days). Below - the average outflow.
Markers are additional buy / sell signals generated when the current TSV value exceeds the average for N periods. In the script settings, you can choose how many percent deviations from the average should occur in order to count it as a strong signal (by default, an excess of 180% for selling, 100% for buying). The main idea of the marker is to catch a better price than with the standard TSV logic (take at the intersection of the zero line). The marker can serve as both an assistant and drive into a trap. If you are not very confident, then it is better to adhere to standard practice, and set the excess of markers to completely abnormal situations, so that it triggers less often.
Colored background - a classic buy or sell zone (when crossing the TSV baseline).
Table - you can configure its presence and size in the settings. On it you can estimate the sentiment of the movement of money for the last N periods. Pay particular attention to the % value in parentheses. It shows the strength of the trend in volumes over N periods.
The basic rule, as with any trend indicator: do not trade against the trend. A sell signal in a constantly rising channel is not a short signal. This is a signal for a possible fixation of a part of the position. No more.
How do I use this indicator?
For starters, I never make decisions purely based on an indicator. TSV plays the role of a clearer visualization of volumes for me. If I see that the volumes are fading away (thin market), then I try not to enter the trade. For the last two weeks, while picking charts, I completely abandoned standard volume bars in favor of TSV due to it's greater informative.
Balihuntul Normalized Absolute Volume by RRBBalihuntul Normalized Absolute Volume by RagingRocketBull 2018
Version 1.0
This indicator shows absolute and/or normalized volume for an asset, allows for more accurate volume based comparisons (like a log scale for volume).
Volume is measured in coins traded, not USD traded, so direct comparisons of different price moves may not be accurate.
Professional traders usually compare absolute or normalized volumes of trend moves/spikes/dips/capitulation events instead.
When the USD price of an asset is lower you can trade more coins but capitalization won't be as significant as when there are less coins for a higher price.
Similarly, you can normalize volume using:
- price/price ma (to get a bit of a price-weighted volume) or
- volume ma to compare it with its average assuming the total volume is a percentage above or below the MA (100% or 1).
- use alpha multiplier to add/lose a few zeroes if necessary
Features:
- Use Absolute Price Value (Price * Volume) of an asset instead of Coins Traded (Volume) to compare capitalization
- Normalize volume using Price / Price MA / Volume MA
- Supports any existing type of MA: SMA, EMA, WMA, HMA etc
- Oscillator mode with negative axis
- Highlight high volume spikes above MA or hide low volume bars below MA
- Change color based on prev Close or Volume bars
- Change Volume MA color based on a number of last rising/falling bars
- Display volume as 1000s, mlns, or blns using alpha multiplier
Notes:
1. uses plot* and custom hma functions
2. swma has a fixed length = 4, alma and linreg have additional offset and smoothing params
Feel free to use. Good Luck!
Z-Score Volume with CVD Clustering Script Title:
Z-Score Volume with CVD Clustering & NY VWAP
📘 Description:
This indicator combines statistical volume analysis with order flow confirmation to detect high-probability trade zones and volume-based divergences.
📌 Components:
Z-Score of Volume: Identifies statistically significant volume surges or drops relative to a moving average baseline.
Cumulative Volume Delta (CVD): Gauges net buying vs. selling pressure using high-frequency bid/ask delta.
K-Means Clustering: Applies clustering logic to classify each bar into:
Cluster 2 – Strong Bullish: Z-Score and CVD both strong
Cluster 1 – Divergence / Bull Trap: Z-Score high, but weak CVD
Cluster 0 – Neutral / Noise: No clear alignment
Anchored VWAP (NY Session Open): Confirms market structure and institutional trend bias from 9:30 AM ET forward.
🎯 Suggested Applications:
✅ 1. Trend Continuation Entries (Add-ons):
Look to add to positions when:
Cluster 2 signal occurs
Price is above the NY session VWAP
Price structure has broken out of prior day high/low or range
⚠️ 2. Divergence Detection (Fade Traps):
Cluster 1 signals a bearish divergence (e.g., high volume but weak CVD).
Especially useful when price is failing to stay above VWAP.
Useful for early exits or reversal setups.
📊 3. Volume Profile Confirmation:
Combine with fixed or session-based volume profile tools.
Use Z-Score clusters to confirm volume spikes into low-volume nodes (LVNs) or during imbalance transitions.
📍 4. VWAP Structure Confirmation:
Anchored VWAP acts as a dynamic reference point.
Helps confirm acceptance vs. rejection zones at key institutional levels.
📈 Visuals & Alerts:
Color-coded volume bars show intensity of Z-Score & CVD confluence
CVD Line plots real-time delta bias with green/red coloring
Cluster-based shape markers highlight key bars for actionable signals
Optional: Add alerts for Cluster 2 above VWAP or Cluster 1 below VWAP
⚙️ Customization Options:
Adjustable Z-Score length
Custom anchor timeframe for CVD (e.g., 1D or sessions)
Adjustable max lookback depth
Toggle VWAP inclusion
Extendable to include additional filters: RSI, structure break alerts, etc.
🔧 Ideal Use Cases:
NY session intraday traders (ES, NQ, CL, 6E, FX pairs)
Breakout traders wanting order flow confirmation
Mean reversion traders spotting fake moves
Volume-based scalpers looking for edge on short-term order imbalance
Volume VisualizerVolume by Hannsome
The Volume Visualizer is a simple yet effective tool designed to display trading volume in a dedicated panel below the main price chart. Its primary goal is to help you easily identify when trading activity is significantly higher than usual.
The indicator plots two key elements:
Volume Bars: These are standard volume bars showing the amount of trading activity for each period. To draw your attention to important moments, bars with unusually high volume are highlighted in a distinct color (yellow by default).
Average Volume Line: A moving average line (orange by default) is plotted over the volume bars. This line represents the recent average trading volume, giving you a clear baseline to compare the current volume against.
A "significant" volume spike is defined as any period where the volume exceeds the moving average by a certain multiplier. You can adjust both the moving average length and this multiplier in the indicator's settings to fine-tune its sensitivity to what you consider a significant spike in activity.
Trend & Volume Dynamics Indicator (Color identifying the Trend)Benefits
1. Trend Identification:
o The script calculates a 20-period Weighted Moving Average (WMA) of the closing prices. This helps in smoothing out price data to identify the underlying trend.
o The color of the WMA line changes based on the price position relative to the WMA:
Green: When the current price is above the WMA, indicating a potential uptrend.
Red: When the current price is below the WMA, indicating a potential downtrend.
Blue: When the price is exactly at the WMA, indicating no clear trend.
2. Volume Dynamics:
o The script also plots the volume with a color-coding mechanism:
Green: When the current volume is higher than the previous period's volume, indicating increasing trading activity.
Red: When the current volume is lower than the previous period's volume, indicating decreasing trading activity.
o The volume bars are plotted with 90% transparency, making them less visually dominant but still informative.
Usage
• Overlay: The indicator is set to overlay=true, meaning it will be plotted directly on the price chart, allowing users to see the WMA and volume dynamics in the context of the price movements.
• WMA Length: The length of the WMA is set to 20 periods, which is a common setting for short to medium-term trend analysis.
• Visual Cues: The color changes in both the WMA and volume bars provide immediate visual cues about the trend and volume dynamics, helping traders make quicker decisions.
Detailed Explanation of the Script
1. Indicator Declaration:
o Declares the indicator with a descriptive name and specifies that it should be overlaid on the price chart.
2. WMA Calculation:
o Defines the length of the WMA and calculates it using the closing prices.
3. Plotting the WMA:
o Plots the WMA with full brightness (0 transparency).
4. Color-Coding the WMA:
o Changes the color of the WMA line based on the price's position relative to the WMA.
5. Volume Indicator:
o Plots the volume bars with color-coding based on the volume change from the previous period and with 90% transparency.
Conclusion
One of the most best combinations of Volume and Moving average and works on any given timeframe and charts
SMA Custom Volume BandsThe "SMA Custom Volume Bands" indicator is a custom technical analysis tool designed for use on the TradingView platform. This indicator allows users to analyze and visualize key aspects of a stock's volume within the context of its 200-period Simple Moving Average (SMA). It features the following components:
Volume Bars: The indicator displays the volume of a selected financial instrument using colored bars. Green bars represent days when the trading volume is higher than the previous day, while red bars represent days when the trading volume is lower.
200 SMA of Volume: A blue line on the chart represents the 200-period Simple Moving Average of the trading volume, providing insight into the longer-term volume trend.
Customizable Percentage Line: Users have the flexibility to set a custom percentage value above or below the 200 SMA of trading volume. This line is plotted as a blue line on the chart, allowing traders to identify when volume meets their preferred percentage threshold.
The "SMA Custom Volume Bands" indicator is a simple tool for traders, aiding in the assessment of volume trends and potential price reversals in the context of moving averages. It offers customization options, enhancing its adaptability to individual trading strategies and preferences.
Extreme VolumeThis indicator colors volume bars that are significantly higher volume than the vol moving average ( SMA ). Utilizes two multiplier that can be adjusted by user. Defaults are that the indicator colors volume bars yellow if 20% higher than average, and orange if over 50% higher than average.
Reason why i created this indicator is i typically don't care about volume unless it is significantly higher than average. I find extreme volume useful for confirmation of a breakout, etc. This is why the rest of the volume bars are gray, they are still available for reference, but I dont pay much attention until volume is higher than average.
Also, when you load this indicator it will be in its own pane below the chart. To try and figure out how to add it to same pane as the chart was a huge pain in the ass. Once you figure it out it is pretty easy. I'll try to explain below...
Next to the indicator name you have the following options ... Hide, Settings, Show Source Code{}, Delete(X), and More (3 dots)
1) Click on "More" (3 dots)
2) Click on "Move To" then chose "Existing Pane Above"
3) Volume will likely be too large. Volume scale should be on left side, use your mouse to adjust volume smaller
4) Volume will likely be in the middle of your chart, click on it and drag it down.
Volume Ticks - Increasing Volume Bar Count [LucF]Volume Ticks is a zero-lag market sentiment indicator. It works by providing a cumulative count of increasing volume columns.
A one count is added for each increasing volume column where close>open, and one is subtracted on an increasing volume column if close
Accumulation/Distribution Volume (ADV) [cI8DH]This is the simplified and optimized version of my original ADV indicator. It shows both regular volume bars and the accumulated/distributed (A/D) portion of them. The equation is elegant and intuitive. It calculates candle body to candle height ratio and multiplies it by volume: volume*(close-open)/(high-low). This is the building block of my three other indicators, ADL, ADP and ADMF.
- The volume bars has two shades of green and red. The dark shade shows amount of A/D and the light shade shows total volume (what you see on a regular volume indicator).
When money volume is enabled, volume is multiplied by price. As you can see in the chart below, trade volume in terms of USD was growing over the past years.
- Blue line is the moving average of A/D and the orange line is for total volume. When "Baseline Chart" option is enabled, this moving average is identical to ADMF indicator which can be a powerful indicator for assessing buy/sell pressure as well as money flow and volume divergences. You can turn off volume bars (from style menu) for better visibility or you can use the below indicators.
Please note that ADMF is now available as a part of ADP indicator as well and I recommend using the latter since ADP can also replace CMF and MFI indicators.
- If you change the aggregation to cumulative (while having money volume disabled), the gray line becomes identical to On Balance Volume (OBV) and the blue line identical to my ADL indicator. The latter I would argue is more accurate than Chaikin's ADL, William's A/D and OBV.
Argentum Flag [AGP] Ver.2.5Central Purpose and Concept
The Argentum Flag script is a multifunctional tool that integrates and visualizes multiple key indicators to provide a detailed and unified perspective of the market. The core concept is to analyze price from different angles—volatility, volume, and momentum—to identify confluences and patterns that may be difficult to see with separate indicators. This "mashup" is not a simple fusion of indicators, but a strategic combination of tools that complement each other to offer a comprehensive view of asset behavior.
Components and Their Functionality
This script combines and visualizes the following elements:
EMA Percentage Bands (EMA Bands):
Uses an Exponential Moving Average (EMA) as a baseline.
Calculates and draws several volatility bands that deviate from the central EMA by fixed percentages (0.47%, 0.94%, 2.36%). These bands are inspired by Fibonacci ratios and the cyclical nature of the market.
The bands are colored with a dynamic gradient that reflects the current state of volatility.
Utility: These bands act as dynamic support and resistance areas. The price entering or exiting these zones can indicate a change in volatility or a possible exhaustion of the movement.
Volatility Signals (Vortex & Prime Signals):
The script generates visual signals when the price stays outside the volatility bands for a specific number of bars.
Vortex Signals (diamond ⍲): Appear when the price crosses and stays outside the Prime bands, suggesting a high volatility or a possible continuation of the trend.
Exit/Entry Signals (circle ⌾): Are activated when the price stays outside the Vortex bands, indicating an extreme extension of volatility. These can be interpreted as potential reversal or profit-taking zones.
Utility: They help traders quickly identify moments of high and low volatility and potential turning points in price action.
Volume Analysis (Volume Bar Colors):
The script changes the color of the bars based on the relationship between the current volume and the average volume over a 50-bar period.
Utility: This feature allows the trader to immediately visualize the strength behind a price movement. For example, a bullish candle with "extreme" volume suggests strong buying interest, while a bearish candle with "low" volume could indicate a weak correction.
Summary Tables (Dashboard):
EMA-Fibo Table: Displays the values of 12 EMAs based on the Fibonacci sequence (5, 8, 13, 21...) in an easy-to-access table. The background color of each value indicates if the current price is above (bullish) or below (bearish) that EMA.
Multi-Timeframe RSI Table: Displays the Relative Strength Index (RSI) values across multiple timeframes (from 1 minute to monthly). The text color changes to highlight if the RSI is in overbought (orange) or oversold (white) areas, according to the established levels.
Utility: These tables condense a large amount of data into a simple format, allowing traders to perform a quick, multi-timeframe market analysis without constantly switching charts.
How to Use the Script
This script is a contextual analysis tool that works best when its different components are combined. It is not a "buy and sell signal" system on its own, but a tool for informed decision-making.
Trend Identification: Use the EMA table to see the general trend direction across different timeframes. A price above most of the EMAs in the table suggests a bullish bias.
Volatility Reading: Observe the EMA bands. If the price stays within the bands, volatility is low. A strong move that breaks out of the bands, accompanied by an "extreme" volume color (blue), suggests strong momentum that could continue.
Momentum Analysis: Use the RSI table to confirm movements. An overbought 15m RSI could support a reversal signal from the Vortex bands, while a 1D RSI in a neutral zone may indicate that the main trend has not changed.
Signal Confirmation: Visual signals (diamond and circle) should not be used in isolation. They must be confirmed by volume analysis and dashboard readings. For example, an "Exit Signal" (circle) with low volume may be less reliable than one with high volume and a clear reversal candle.
Disclaimer
This script is for informational and educational purposes only. It is not financial advice, nor is it a recommendation to buy or sell any financial instrument. All trading involves risk, and past performance is not indicative of future results. The user is solely responsible for their own trading decisions.
