Volume Profile HeatmapA variation of a Volume Profile based on code originally by LuxAlgo. () The traditional bar chart is replaced with full-width bars that are brighter for high volume price levels.
Like a traditional VP, its purpose is to visualize how volume corresponds to specific price levels, allowing you to get a quick idea of where the most activity is occurring, and where it hasn't been. This information may provide clues as to where price action may return, areas of support and resistance , and regions where price may move quickly. The basic concepts behind any Volume Profile (or Price by Volume Chart) should apply here as well. (investopedia article)
Inputs are set up such that you can customize the lookback period, number of rows, and width of rows for most major timeframes individually. Timeframes between those available will use the next lower timeframe settings (e.g., 2m chart will use the 1m settings.)
This indicator is experimental and is likely to receive further updates.
Komut dosyalarını "volume" için ara
Volume Profile [LuxAlgo]Displays the estimate of a volume profile, with the option to show a rolling POC (point of control). Users can change the lookback, row size, and various visual aspects of the volume profile.
Settings
Basic:
Lookback: Number of most recent bars to use for the calculation of the volume profile
Row Size: Determines the number of rows used for the calculation of the volume profile
Show Rolling POC: Determines whether to display the rolling POC of the volume profile
Style:
Width (% of the box): Determines the length of the bars relative to the Lookback value
Bar Width: Width of each bar
Flip Histogram: Flips the histogram, when enabled, the histogram base will be located at the most recent candle
Gradient: Allows to color the volume profile bars with a gradient, with a color intensity determined by the length of each bar
Rows Solid Color: Color of each bar when 'Gradient' is disabled
POC Solid Color: Color of the POC when 'Gradient' is disabled
Usage
It is very common to display volume over time in order to visualize the trading activity made over a specific candle, however this is not the only way to display volume and it can be interesting to put it in relation with the price, which is what volume profiles do.
Volume profiles are displayed as price relative histograms showing the accumulated volume within certain price areas, the number of areas are determined by the row size of the volume profile. Knowing which price's area accumulated the most volume allow highlighting areas of interest to market participants.
Most accumulated volume will be encountered in zones of equilibrium between buyers and sellers; that is zones of local price stationarity. These zones are highlighted by high volume nodes in the volume profile. Imbalance between buyers and sellers are highlighted by thinner zones of the volume profile.
The price level with the most accumulated volume is highlighted by the "point of control" (POC), displayed by the dotted line in the indicator.
The POC is often considered an important level, commonly used as support/resistance by traders. One can verify the accuracy of this use case by using the rolling POC (assuming one would use the POC over time as SR).
Indicator Limitations
Volume profiles are calculated using tick data, which is not the case of this estimate, as such you won't have an accurate representation of an actual volume profile.
The rolling POC can introduce time outs in the script computation, use lower lookback and row size value to display it.
Volume Average % Cross - ChartVolume Average Percentage Cross Indicator - Chart
This version is specialized for notifications on your chart. If you wish to see notifications on your volume bars please choose "Volume Average Percentage Cross Indicator - Default".
What is the Volume Average % Cross - Chart Indicator you might ask yourself - what is it for?
I will tell you!
Use Case:
In my Indicator you have an Input to set the period for the volume average period.
Once the volume average period is calculated it is now necessary to choose the percentage value.
What is the percentage value?
The percentage value multiplies the past volume bar with a positive percentage value and a negative percentage value. I give this calculation the name "VolPercentage".
If the volume average is below the negative VolPercentage Value it means that the last volume bar is stronger than the volume average period by the percentage you set the percentage value input at.
If the volume average is above the positive VolPercentage Value it means that the last volume bar is weaker than the volume average period by the percentage you set the percentage value input at.
That means that if for example the percentage value would be 20 it would require the volume average to be 20% above the past volume bar.
That means that if for example the percentage value would be 20 it would require the volume average to be 20% lower than the past volume bar.
Once I uploaded my 100 Indicators I will accurately describe each indicator with videos, this will be huge!
Interpretation:
Volume is the amount of market participants who bought in a candlestick bar a set amount of shares at varying prices from within the bar itself.
If volume decreases it means that there has been fewer market participants and if it increases it means that there is an increase of market participants.
If this is used with candlestick patterns it helps tremendously to identify strong or weak doji candlesticks.
Poor man's volume clustersVolume clusters created from candlestick volumes.
See also "Poor man's volume profile" .
The code is generated using a template. To change the settings, you may need to regenerate the code. The code has a link to the repository with the template.
Volume on bar VSA - signalЭтот индикатор сравнивает объем со средним его значением и обозначает бар в зависимости от того какой хвост на баре, бычий или медвежий.
В настройках можно задать сигнальную линию (чувствительность) для подкрашивания объемов, если он превышает эту линию. (на графике красная линия)
Сигнальная линия задаётся в процентах от среднего объема за указанный период.
Серым цветом показан средний объем.
Google translate.
This indicator compares the volume with its average value and designates a bar depending on which tail on the bar is bullish or bearish.
In the settings, you can set a signal line (sensitivity) for tinting volumes, if it exceeds this line. (red line on the chart)
The signal line is set as a percentage of the average volume for the specified period.
Gray indicates the average volume.
Volume on bar VSA - indicatorЭтот индикатор сравнивает объем со средним его значением и подкрашивает его в зависимости от того какой хвост на баре, бычий или медвежий.
В настройках можно задать сигнальную линию (чувствительность) для подкрашивания объемов, если он превышает эту линию. (на графике красная линия)
Сигнальная линия задаётся в процентах от среднего объема за указанный период.
Серым цветом показан средний объем.
Google translate
This indicator compares the volume with its average value and tints it depending on which tail on the bar is bullish or bearish.
In the settings, you can set a signal line (sensitivity) for tinting volumes, if it exceeds this line. (red line on the chart)
The signal line is set as a percentage of the average volume for the specified period.
Gray indicates the average volume.
Volume Multi Time FrameHi All,
This script shows total volume info of Higher Time Frame. it checks open/close prices of higher time frame and sets the color. it also show a dynamic line on last volume , so you can see when HTF candle started and ended. by looking at the color of volume columns you can see HTF candle is green or red. it's something like weis wave volume that is using HTF candles.
Higher time frame is set automatically, you can set it manually by choosing "User-defined" in the indicator options and choose higher time frame as you want
Here some examples:
Current time freame is 1min and htf is 1hour
Current time freame is 1min and htf is 1day
Enjoy!
Volume Breakout SignalsScript by Hanssome
The Volume Breakout Signals indicator is a trading tool designed to identify potential entry points by pinpointing high-momentum price breakouts on your main chart. It operates on a simple but powerful principle: a true breakout should be supported by a significant increase in trading volume.
The indicator plots two primary visual elements on your price chart:
Pivot Highs and Lows: These are marked with green and red circles and represent the most recent significant swing points in the price. They act as dynamic support and resistance levels, and the script watches for the price to break past them.
BUY and SELL Labels: These signals appear directly on the chart to indicate a potential trading opportunity.
A signal is only generated when two specific conditions are met simultaneously:
Price Breakout: A BUY signal requires the price to cross decisively above the most recent pivot high. A SELL signal requires the price to cross below the most recent pivot low.
Volume Confirmation: This price breakout must be accompanied by a recent spike in trading volume. This confirmation suggests strong momentum and conviction behind the move, increasing the probability of a successful breakout.
All the parameters, such as the sensitivity of the pivot points and the definition of a volume spike, can be adjusted in the indicator's settings to fit your specific trading style and the asset you are viewing.
Volume Metrics & Market CapitalizationThis Pine Script indicator provides a comparative view of volume metrics and market capitalization to help traders analyze relative volume strength in the context of a stock’s overall size.
Key Features:
Volume Formatting:
Converts numerical values into readable units (K for thousand, M for million, B for billion, T for trillion).
Volume Metrics:
Displays current bar volume, cumulative daily volume, and 30-day average volume.
Market Capitalization Calculation:
Uses the outstanding shares multiplied by closing price to estimate market cap.
Table Display:
Shows all these values in an easy-to-read table in the bottom-right of the chart.
How It Helps Compare Relative Volume to Market Cap
Relative Volume Strength
By comparing current volume and 30-day average volume, traders can quickly gauge if today’s volume is unusually high or low.
If daily volume exceeds the 30-day average, it suggests increased market interest in the stock.
Market Cap Context
Market cap provides a reference for whether a stock is large-cap, mid-cap, or small-cap, influencing how volume should be interpreted.
A high volume surge in a low market cap stock may indicate stronger momentum compared to the same volume change in a large-cap stock.
Liquidity and Volatility Signals
Comparing volume to market cap helps determine liquidity—stocks with low market cap but high volume may be more volatile.
Example: A small-cap stock with $50M market cap trading $20M daily volume is seeing 40% turnover, a significant indicator of strong movement.
Practical Use Case
Day Traders: Spot stocks experiencing unusual volume surges relative to their market cap, identifying potential breakout or momentum plays.
Swing Traders: Assess if a stock is trading at above-average volume levels, confirming strength in trends.
Investors: Understand liquidity and potential institutional interest in stocks, as larger players typically trade in high market-cap names with sustained volume.
This indicator is a quick-glance tool for identifying high-volume stocks relative to their size, helping traders make more informed decisions on potential opportunities. 🚀
Volume Footprint Voids [BigBeluga]Volume Footprint Voids is a unique tool that uses lower timeframe calculation to plot different styles of single candle POC.
This indicator is very powerful for scalping and finding very precise entry and exits, spotting potential trapped traders, and more.
Unlike many other volume profiles, this aims to plot single candle profiles as well as their own footprints.
🔶 FEATURES
The script includes the following settings:
Windows: Plotting style and calculations
Coloring modes
Display modes
lower-timeframe calculations
🔶 CALCULATION
In the image above we can see how the script calculates each level position that will serve as a calculation process to see how much volume/closes there are within the levels.
In the image above, we can have a more clear example of how we count each candle close.
We use the prior screenshot as an example, after setting each level we will use the lower-timeframe input to measure the amount of closes within the ranges.
Depending on the lot size, the box will be larger or smaller, usually the POC will always have the highest box size.
NOTE: Size is the starting point, always from the low of the candle.
To find more voids, select a closer LTF to the current one you're using.
To find fewer voids, select a timeframe away from your current one.
Due to Pine Script limitations, we are only able to plot a certain amount of footprints, and we can't plot the whole history chart.
POC will be the largest block displayed, indicating the time point of control
Gray areas are closes above the average
Black are Void or imbalance that price will fill in the future, like FVG
The image above shows an incorrect size input that will lead to bad calculations, while on the other side, a correct size input that will lead to a clear vision and better calculation.
🔶 WINDOWS
The "▲▼" Mode will display delta buyers and delta sellers coloring with voids as black.
It also offers a gradient mode for a beautier visualization
The "Total Volume" mode will display the net volume within the lot size (closes within the levels).
This is useful to spot possible highest net volume within the same highest lot size.
The "POC + Gaps" will show both POC and Gaps as the highest block while all the rest will be considered as the smaller block.
This is useful to see where the highest lot were and if there are higher or lower imbalances within the candle
The last option "Gaps" will simply display the gaps as the highest block, while the POC as the lowest block.
This is useful to have a better view of the gaps areas
🔶 EXAMPLE
This is one of the most basic examples of how this script can be used. POC at the bottom creating a strong support area as price holds and creates higher voids gap that price fills while rising.
🔶 SETTINGS
Users have full control over the script, from colors to choosing the lower-timeframe inputs to disabling the lot size.
Volume Profile [TFO]This indicator generates Volume Profiles from which to display insights about recent Volume Points of Control and High Volume Nodes. Volume Profile is a way to view trading volume by the price where trades have occurred, rather than the time when they occur (as seen by traditional Volume indicators).
By selecting a Resolution Timeframe (1m in this example), we can aggregate the volume at different prices to build a Volume Profile for a specified Profile Timeframe (1D in this example). In this indicator, we make the simple assumption that a given candle's volume is distributed evenly across all points. Realistically, this is seldom the case, but it gives us a starting point to easily estimate the volume at a given price, in turn helping us to build our profiles in a trivial way.
If we do this for all Resolution Timeframe candles within a Profile Timeframe (all 1m candles in a single 1D candle, in this example), then we can successfully aggregate this data and build a full Volume Profile. And thankfully, Pine Script's new polyline feature ultimately allow us to keep more Volume Profiles on our charts. Before polylines, we would have to consider using lines or boxes to represent the individual levels within a given profile, and each script currently has a cap of 500 lines and boxes, respectively. However, one single polyline can be used to draw the complex shape of an entire profile, and we may show up to 100 polylines in a given script. This helps us keep a lot more data on our charts!
Compared to TradingView's Session Volume Profile indicator (blue/yellow), we can see that our indicator (grey) is nearly identical, which verifies that our assumption of a uniform volume distribution is enough to roughly estimate a given Volume Profile. Note in this example the Row Size was set to 200, meaning that 200 levels are used to approximate profiles from each session's high to its low.
Show VPOC will show the volume point of control of each profile, which represents the price level where the largest amount of volume was traded for a given profile. This is shown with the red lines in the following chart.
Extend Last N VPOCs will look for the most recent, user-defined number of VPOCs (not including the current session's VPOC that's still developing) and extend them to the right of the chart as points of reference. The Show Labels Above option will annotate each VPOC with its respective date above a specified timeframe. This way, if one was using Volume Profiles on intraday timeframes, there wouldn't need to be several date strings all showing the same day.
Show Previous HVNs will show high volume nodes from the previous session. The HVN Strength setting is similar to a "pivot strength" that I use in a lot of my scripts - essentially, HVNs are validated by treating them as local highs. With a HVN Strength of 10 for example, if a given level contains more volume than the 10 levels above and below it, then it is validated as a HVN.
For a cleaner look and feel, HVNs can instead be shown as levels (lines) instead of areas (boxes). With levels enabled, solid lines denote the previous session's VPOC, and dotted lines represent all other HVNs. With areas enabled instead, the tops and bottoms will extend above/below the HVN level until a point with greater volume is discovered (marking the "end" of the node).
This indicator can be computationally intensive and may crash from taking too long to execute. In these cases, it's best to disable unused features, decrease the number of Rows, and/or simply reload the chart until it populates.
Volume accumulation on past range [TCS] | VTAThe indicator calculates buy and sell volume values for different look-back periods based on the high, low, close, and tick volume data of the chart.
The range can be selected by adding the end date and the look-back period, which starts from the end date. It can calculate a maximum of 100 candlesticks.
The calculated buy and sell volume values are stored in separate variables, representing cumulative volume values over their respective look-back periods. It's important to note that the provided code calculates the buy and sell volume values individually for each look-back period and then sums them.
This information can be useful in understanding who is in control of the market during the selected range. The 'heatmap' is particularly helpful in identifying areas of high or low trading activity, which can help define support and resistance levels.
For example, if there is a greater accumulation of bullish volume than bearish volume and a break occurs in a resistance area, it may present a good entry opportunity.
Please note that this indicator is for educational purposes only and should not be used for trading without further testing and analysis.
Volume Candlesticks [cajole]
This script lets you create the equivalent of "volume candlesticks" in TradingView.
"Volume candlesticks" normally vary their width according to the bar's volume. This script varies COLOUR instead of WIDTH.
Bar charts are also supported.
Candles/Bars are coloured by their distance from the average volume. You can also add a "huge volume" colour to further highlight the most extremely-high volume bars.
Note that volume is extrapolated for incomplete bars by default. So, if the average volume of the past 10 days is 5M shares, and 5M shares trade in the first 10% of today's session, that bar will be coloured as though 50M shares have traded. Set the "Extrapolate" option to 1.0 to disable this.
For this script to work properly, you should set TradingView's default candle/bar colours to be at least 20% transparent. By default, TradingView tends to overlay its own bars on top of indicators.
Nerdy details:
The script works best on a dark background, because it is easier to change the hue of white bars than of black bars. If you find a set of colours that work for white backgrounds, please comment with them!
The geometric mean is used instead of the arithmetic mean, to keep the 'average' from being strongly influenced by spikes. Bars are
then coloured by assuming a normal probability distribution and highlighting outliers. (This means that the first high-volume bars are coloured differently to later ones.)
Volume-Weighted Closing Range (TG Fork)Volume-weighted closing range of each bar. Closing range is (high - close) relative to the length of the wick (high - low). A close at the top of the wick would be 100%, middle 50%, bottom 0%. This is then multiplied by volume to weight towards high volume bars.
A moving average is applied to visualize trend in volume-weighted closing range over time.
Options include changing the threshold of bullish closes. The default is 50%, but you can view a close above 40% as a bullish .
How to use:
Columns indicate per-bar closing range, and can be used as either a buying-selling pressure indicator, or as an overreaction detector (eg, bars that are abnormally big can be used to start a fading/contrarian trade next bars). Green means the bar closed in the upper range, red in the lower range.
The cloud is the moving average over several bars (by default using EMA). This tends to represent sentiment over a period of time, and hence trend/momentum. Can be used in any timescale, even on weekly, then this represents the market cycles.
If you like this indicator, please show the original author your appreciation:
Volume Crop ━ Hidden Volume Divergence [whvntr] Volume Divergence
• Formula originated from: "Hidden Price Divergence" (circles) by TheLark. I did two things to harness its
effectiveness:
• Firstly, I developed a unique way to filter out the divergence signals that were appearing on both sides of the
midline. This filter will be known as the "Midline Tool" . It filters out a lot of the false signals commonly
associated with oscillators.
• Then, I modified the default format from Price to Volume.
• The midline formula "Midline Tool" was developed by me . It adjusts in the thousands since it's volume.
Let me know in the comments if you would rater have a smaller step value than 10,000. How does it work?
Crossover then Crossunder, the arrows only appear during the first sign of hidden volume divergence once
crossing the midline. Normally, these signs appear on both side of the midline both bearish and bullish no
matter if it's on an oversold or overbought side of the spectrum... Also, let
me know in the comments if you would like for me to release an oscillator version of this
indicator for co-witnessing.
Features:
• Volume divergence
• Midline Tool©
• Disclaimer: This indicator does not constitute investment advice. Trade at your own risk with the investments
you can afford to lose because all financial investments have risks and this is not a
guarantee that the volume divergence will be 100% all the time.
Volume Density w/barcolorOpacity limit set to 70 min & barcolor overlay
The transparency of each candle is based on volume density.
Volume density is calculated as follows.
Volume density = Volume / Price range
Price range uses true range "max(high - low, abs(high - close), abs(low - close))".
Since volume density varies drastically by stock or time, the transparency is calculated based on the deviation rate from the average volume density.
Volume Price Change RatioMessing around with this two point selecting ability I recently learned about from Tradingview's CAGR. Here is a script that will tell you changes in volume(obv)/price, volume to price change ratio, and the average volume to price change ratio for the length you define in the settings menu. You can use this to compare the ratio of a current pump to an older pump to help assess the strength of a movement. Enjoy!
Volume xSMA ModSimple Volume indicator. showing rounded ratio of Current volume and simple moving average as xSMA (read as times SMA).
Quick metric to understand the impact of volume in trends, etc.
Example:
if Vol = 50 and SMA = 5
xSMA = 50/5 = 10
Indicated as the Third Number in Volume label.
Volume Spectrum Grid – Liquidity Mapping Engine[mark804]🔷 Volume Spectrum Grid – Liquidity Mapping Engine
The Volume Spectrum Grid is a professional-grade indicator built to help traders identify hidden liquidity zones, volume concentration areas, and potential support/resistance levels with precise visual cues. Whether you trade Forex, Gold, Indices, or Crypto, this tool provides a powerful edge by combining volume profile analysis and real-time volume bubble visualization in a single framework.
Key Features
1 Volume Profile Grid: Automatically scans the last X bars (adjustable via LookBack) to map horizontal volume bins, highlighting areas where the most volume has been traded.
2 Volume Bubbles: Plots dynamic bubbles at each candle, scaling their size and color based on real-time volume intensity (using standard deviation logic).
2 Liquidity Zones (POC Lines): Detects and marks high-volume clusters (Point of Control zones) with adaptive lines, helping traders anticipate areas of strong support/resistance.
3 High/Low Anchors: Automatically labels the highest high and lowest low in the lookback period to define structural extremes.
4 Gradient-Based Visuals: Uses color gradients to indicate buy-side (bullish) and sell-side (bearish) pressure based on current price action and volume.
How It Works
1. Volume Normalization: Uses 200-period standard deviation to measure whether current volume is small, average, or exceptionally large.
2. Grid Binning: Breaks down the price range into 100 equally spaced bins and accumulates volume for each.
3. Box Plotting: If enabled, volume boxes are drawn where volume clusters exist — visually showing zones of interest.
4. POC Line Drawing: Liquidity levels are drawn over high-volume bins to serve as dynamic SR zones.
5. Bubble Plotting: Displays a volume bubble at each bar based on intensity level, scaling from tiny to huge.
Why Use This Tool?
Helps identify institutional-level liquidity zones before price reacts.
Perfect for Smart Money Concepts (SMC), Volume Profile Analysis, and Order Flow Strategy.
Visually clean and optimized for performance even with high data density.
Fully customizable colors and toggle switches to turn ON/OFF bubbles, profile, and liquidity levels.
Volume Momentum [BackQuant]Volume Momentum
The Volume Momentum indicator is designed to help traders identify shifts in market momentum based on volume data. By analyzing the relative volume momentum, this indicator provides insights into whether the market is gaining strength (uptrend) or losing momentum (downtrend). The strategy uses a combination of percentile-based volume normalization, weighted moving averages (WMA), and exponential moving averages (EMA) to assess volume trends.
The system focuses on the relationship between price and volume, utilizing normalized volume data to highlight key market changes. This approach allows traders to focus on volume-driven price movements, helping them to capture momentum shifts early.
Key Features
1. Volume Normalization and Percentile Calculation:
The signed volume (positive when the close is higher than the open, negative when the close is lower) is normalized against the rolling average volume. This normalized volume is then subjected to a percentile interpolation, allowing for a robust statistical measure of how the current volume compares to historical data. The percentile level is customizable, with 50 representing the median.
2. Weighted and Smoothed Moving Averages for Trend Detection:
The normalized volume is smoothed using weighted moving averages (WMA) and exponential moving averages (EMA). These smoothing techniques help eliminate noise, providing a clearer view of the underlying momentum. The WMA filters out short-term fluctuations, while the EMA ensures that the most recent data points have a higher weight, making the system more responsive to current market conditions.
3. Trend Reversal Detection:
The indicator detects momentum shifts by evaluating whether the volume momentum crosses above or below zero. A positive volume momentum indicates a potential uptrend, while a negative momentum suggests a possible downtrend. These trend reversals are identified through crossover and crossunder conditions, triggering alerts when significant changes occur.
4. Dynamic Trend Background and Bar Coloring:
The script offers customizable background coloring based on the trend direction. When volume momentum is positive, the background is colored green, indicating a bullish trend. When volume momentum is negative, the background is colored red, signaling a bearish trend. Additionally, the bars themselves can be colored based on the trend, further helping traders quickly visualize market momentum.
5. Alerts for Momentum Shifts:
The system provides real-time alerts for traders to monitor when volume momentum crosses a critical threshold (zero), signaling a trend reversal. The alerts notify traders when the market momentum turns bullish or bearish, assisting them in making timely decisions.
6. Customizable Parameters for Flexible Usage:
Users can fine-tune the behavior of the indicator by adjusting various parameters:
Volume Rolling Mean: The period used to calculate the average volume for normalization.
Percentile Interpolation Length: Defines the range over which the percentile is calculated.
Percentile Level: Determines the percentile threshold (e.g., 50 for the median).
WMA and Smoothing Periods: Control the smoothing and response time of the indicator.
7. Trend Background Visualization and Trend-Based Bar Coloring:
The background fill is shaded according to whether the volume momentum is positive or negative, providing a visual cue to indicate market strength. Additionally, bars can be color-coded to highlight the trend, making it easier to see the trend’s direction without needing to analyze numerical data manually.
8. Note on Mean-Reversion Strategy:
If you take the inverse of the signals, this indicator can be adapted for a mean-reversion strategy. Instead of following the trend, the strategy would involve buying assets that are underperforming and selling assets that are overperforming, based on volume momentum. However, it’s important to note that this approach may not work effectively on highly correlated assets, as their price movements may be too similar, reducing the effectiveness of the mean-reversion strategy.
Final Thoughts
The Volume Momentum indicator offers a comprehensive approach to analyzing volume-based momentum shifts in the market. By using volume normalization, percentile interpolation, and smoothed moving averages, this system helps identify the strength and direction of market trends. Whether used for trend-following or adapted for mean-reversion, this tool provides traders with actionable insights into the market’s volume-driven movements, improving decision-making and portfolio management.
Volume Stack US Top 40 [Pt]█ Overview
Volume Stack US Top 40 is a versatile TradingView indicator designed to give you an at-a-glance view of market sentiment and volume dynamics across the top 40 U.S. large-cap stocks. Inspired by the popular Saty Volume Stack, this enhanced version aggregates essential volume and price strength data from major tickers on both the NYSE and NASDAQ, and works seamlessly on all timeframes.
█ Key Features
Dynamic Buy / Sell Volume Stack: This indicator dynamically stacks the volume bars so that the side with higher volume appears on top. For example, green over red signals more buy-side volume, while red over green indicates greater sell-side volume.
Cross-Market Analysis: Easily toggle between NYSE and NASDAQ to analyze the most influential U.S. stocks. The indicator automatically loads the correct set of tickers based on your selection.
Flexible Coverage: Choose from Top 10, Top 20, Top 30, or Top 40 tickers to tailor the tool to your desired scope of analysis.
Dynamic Table Display: A neat on-chart table lists the selected ticker symbols along with visual cues that reflect each stock’s strength. You can even remove exchange prefixes for a cleaner look.
█ Inputs & Settings
Market Selector: Choose whether to view data from the NYSE or NASDAQ; the indicator automatically loads the corresponding list of top tickers.
Number of Tickers: Select from ‘Top 10’, ‘Top 20’, ‘Top 30’, or ‘Top 40’ stocks to define the breadth of your analysis.
Color Options: Customize the colors for bullish and bearish histogram bars to suit your personal style.
Table Preferences: Adjust the on-chart table’s display style (grid or one row), text size, and decide whether to show exchange information alongside ticker symbols.
█ Usage & Benefits
Volume Stack US Top 40 is ideal for traders and investors who need a clear yet powerful tool to gauge overall market strength. By combining volume and price action data across multiple major stocks, it helps you:
Quickly assess whether the market sentiment is bullish or bearish.
Confirm trends by comparing volume patterns against intraday price movements.
Enhance your trading decisions with a visual representation of market breadth and dynamic buy/sell volume stacking.
Its intuitive design means you spend less time adjusting complex settings and more time making confident, informed decisions.
Volume Spike DetectorVolume Spike Detector
This script is designed to identify significant spikes in trading volume and visually represent them on the chart. It calculates the 20-period simple moving average (SMA) of the trading volume and multiplies it by a user-defined threshold to determine the spike threshold. When the current volume exceeds this threshold, the script detects and highlights a volume spike.
Key Features:
Dynamic Spike Threshold:
The script calculates the spike threshold dynamically based on the average trading volume. Users can customize the threshold multiplier using an input setting.
Example: A threshold multiplier of 2.0 means the current volume must be twice the 20-period SMA to trigger a detection.
Visual Representation:
The current volume is plotted in blue bars.
The spike threshold is plotted as a red line, making it easy to visually identify when the volume crosses the threshold.
Alert Notification:
When a volume spike is detected, an alert is triggered to notify the user.
This feature is useful for real-time monitoring and spotting potential trading opportunities.
Use Case:
Traders can use this tool to identify sudden increases in trading activity, which may indicate a significant market move or event. It’s suitable for all markets, including cryptocurrencies, stocks, and forex.
