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Volume with High-Volume Highlight + Threshold

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This indicator highlights true high-volume candles without guessing.
It compares the current bar’s volume to the average volume over the last X candles and highlights bars that exceed your chosen threshold (ex: 1.5× the average).

Features

Automatic high-volume detection

Customizable volume multiplier

Bull/bear color coding

Average volume line

Threshold line (shows exactly where “high volume” begins)

Optional on-chart label showing the required volume level

Alert for any high-volume bar

What It’s Used For

Identifying breakout strength

Confirming bounce setups at key levels

Spotting real buyers/sellers stepping in

Avoiding fake moves with weak volume

Simple Rule

If volume is greater than (Average × Multiplier) → the bar is highlighted.

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.