PROTECTED SOURCE SCRIPT

Volume Heatmap Oscillator (RSI-Normalized + M/B Format)

44
Volume Heatmap Oscillator transforms raw volume into a 1–100 normalized strength scale, clearly showing where real volume enters the market instead of just displaying basic volume bars.

As seen in the example above, the color-based heatmap structure allows you to clearly identify:

Liquidity inflows

Early phase of price expansion

Aggressive buy/sell zones

Volume is tracked not only visually, but also numerically in M/B (Million / Billion) format, so you don’t rely on colors alone — you see the real size of participation.

Recommended Settings:

Normalization Length: 200

Smoothing: 60

M/B Labels: Optional

This tool is not designed as a standalone signal generator — it is built as a volume confirmation layer to strengthen your existing strategy.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.