TRAPPER Volume Trigger + SMAs + Buy/Sell Split

The TRAPPER TRIGGER is a precision-based volume spike indicator designed for intraday traders, scalpers, and swing traders who rely on key volume activity to anticipate sharp market movements. It operates on volume delta logic, detecting disproportionate buying or selling activity that signifies potential market reversals or breakouts.

How It Works:

Volume Spike Logic (Delta-Based)

The script calculates a dynamic volume threshold using a moving average of historical volume data.

It identifies a delta spike by comparing current volume against this threshold—when volume exceeds it significantly, it suggests abnormal activity.

If the candle closes higher than it opens (bullish), the script registers it as a Buy Spike ⚖️.

If the candle closes lower than it opens (bearish), it marks a Sell Spike 🏁.

These are not based on the candle’s body size but the volume differential (delta) between buy/sell pressure inferred from candle direction.

Trigger Labels

Only the most recent buy/sell spike is labeled for clarity, avoiding clutter.

Labels are color-coded to match the candle body (e.g., bright green for bullish, magenta for bearish).

Label style: ⚖️ for Buy Spikes, 🏁 for Sell Spikes.

SMA Suite (Fully Customizable):

Six SMAs: 5 (yellow), 10 (blue), 20 (green), 50 (orange), 100 (red), 200 (white).

Each can be toggled and customized in the script settings for visibility and styling.

Key Benefits

Clean, minimalistic charting — focuses only on high-probability events.

Provides delta-driven insights without requiring access to full L2 order book data.

Works across any timeframe — logic recalculates and resets zones per timeframe switch.

Designed for sniper-style entries—ideal for traders who prefer minimal noise and maximum signal clarity.

Easily extendable with SR zones, AVWAP, liquidity levels, or alerts if desired in future updates.

Who It’s For

Scalpers and intraday traders looking for clean triggers.

Swing traders wanting confirmation of institutional moves.

Volume profile enthusiasts who need a trigger alert system.

Developers who want a base volume framework to build more advanced tools on.


Disclaimer
This script is provided as-is and is intended for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or a solicitation to buy or sell any security or asset.

All trading involves risk. Users should perform their own due diligence and consult with a qualified financial advisor before making any trading decisions. The author of this script assumes no liability for any losses or damages arising from the use or reliance on this tool.

By using this script, you acknowledge and agree that you are solely responsible for your own trading decisions and outcomes.