Average Volume (Millions) On ChartThe indicator shows the average number Volume in the period of time of your decision
X-volume
Volumetric Compressed MAVCMA uses the compressor and weighted stdev functions originally translated to pine by @gorx1. Compressor is usually used in audio to avoid clipping of certain frequencies. The original idea is actually pretty simple:
ma(simple string smt, float src, simple int len) =>
switch smt
'RMA' => ta.rma(src, len)
'SMA' => ta.sma(src, len)
'EMA' => ta.ema(src, len)
'WMA' => ta.wma(src, len)
'HMA' => ta.hma(src, len)
'LSMA' => ta.linreg(src, len, 0)
=> na
compressor(float in_1, simple int len, simple int thresh_dn_m, simple int thresh_up_m) =>
data = math.log(math.abs(in_1))
loc = ta.wma(data, len)
dev = wstdev(data, len)
thresh_dn = loc + dev * thresh_dn_m
thresh_up = loc + dev * thresh_up_m
math.exp(math.min(math.max(data, thresh_up), thresh_dn)) - math.exp(thresh_up)
compressed_out = compressor(volume, len_window, up_thresh, down_thresh)
comp_ma = ma(ma_type, close * compressed_out, len_ml) / ma(ma_type, compressed_out, len_ml)
vwma = ma(ma_type, close, len_window)
We get the ratio of the compressed volume calculation and plot it with the base MA. Base MA's length is determined by window size input compared to ML length that is used for compressed version.
This provides us another possible confirmation indicator that can be used to take advantage of volume ranges. Autmated crossover alerts are also added. A reminder is that this kind of indicators should not be used on it's own for trading but rather should be used as a confirmation along with your trend detection and main entry indicators to provide additional confluence.
VOLs BTC & ETHInstant view of the combined trading volume for BTC and ETH across major exchanges.
Plots two lines — Σ VOL BTC and Σ VOL ETH — on any timeframe.
Choose whether to sum spot or futures markets in one click.
Silence Indicator — NNFX Volatility-Only Adaptation [UTS]🤫 Silence Indicator — NNFX Volatility-Only Adaptation 📉📈
💡 Overview
A refined volatility oscillator adapted from Trofimov’s classic Silence indicator (2009), reworked for NNFX methodology by removing the aggressiveness line and focusing solely on volatility. It highlights phases of sufficient market volatility with clear trend-change markers and colored fills for easy visual interpretation.
🔑 Key Features
• Single-Event Signals – Plots one green ▲ when volatility rises above aggressiveness (indicating active phase), one red ▼ when it falls below (indicating quiet phase).
• Colored Fill – Fills the area between volatility and aggressiveness lines: bright purple for high volatility, dark purple for low volatility phases.
• Volatility Focus – Unlike the original, aggressiveness is removed to emphasize volatility as the core signal in line with NNFX principles.
• Non-Repainting – Signals appear only once per trend change bar for reliability.
🚀 How to Use
Trend Bias: Bright purple fill (red) and ▲ marker signal phases with sufficient volatility favorable for trading. Darker fill (blue) and ▼ marker warn of quiet, potentially less tradable market conditions.
Entries/Exits: Use the single-event markers at trend changes to time entries and exits confidently.
Filters: Combine with other NNFX indicators like volume and trend filters for robust strategy building.
🛠 Inputs
• Period: Lookback period for volatility calculation (default 12)
• Lookback: Size of rolling window for normalization (default 96)
• Threshold: Level at which signals are considered as triggers (default 50)
🔔 Alerts
Create alerts via the “Add Alert” dialog and select the appropriate signal.
• “Trade Signal” on crossover above treshold
• “No-Trade Signal” on crossunder below treshold
• Supports “Once Per Bar Close” to avoid repainting
📝 About
• Pine Script®: v6
• Created: 2025-07-09
⚠️ Disclaimer
For educational purposes only. Not financial advice. Trading involves risk; apply sound risk management and backtest thoroughly before live trading.
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.
BskLAB - Money Flow X🧠 BskLAB – Money Flow X | Full Usage Guide & Description
BskLAB – Money Flow X is a professional-grade volume analysis tool featuring two core modes designed to detect market pressure, momentum, and divergence with precision. When used alongside BskLAB Signal Assistant, it provides powerful volume-based confirmation to enhance signal quality.
🔧 Preset Modes Overview
📊 Mode 1: Money Flow (WaveTrend + Divergence)
This mode uses a custom WaveTrend oscillator to reflect momentum from buying/selling pressure, along with automatic divergence detection. It starts by calculating the average price from and filters through the EMA and SMA to create WT1 and WT2.
Key Features:Dual WaveTrend lines (WT1 & WT2) with crossover signals
Visual display of overbought / oversold zones
Automatic divergence detection:
🟢 Green = Classic Bullish Divergence
🔴 Red = Classic Bearish Divergence
🔵 Blue = Hidden Bullish Divergence
🟠 Orange = Hidden Bearish Divergence
Best Used For:
Identifying early reversals and exhaustion zones during high or low volatility phases.
🚀 Mode 2: Volume Momentum (Dynamic Histogram)
This mode displays volume-driven pressure using histogram bars that expand or contract with momentum. It calculates PercentB (%B) from Bollinger Band behavior to reflect how far price stretches away from its recent average range.
Key Features:Histogram expands with growing momentum
Dynamic bar coloring:
🔴 Red = selling pressure emerges
⚪ White = buying pressure emerges
Uses %B from Bollinger Band for calculation
Best Used For:
Confirming strong directional moves or identifying momentum buildup or fade — especially when price moves far from the average.
🔬 Internal Logic Breakdown (Main WT & Money Flow)
✅ 1. WaveTrend System (WT1 & WT2)
WT1 = Fast line (short-term momentum)
WT2 = Trend filter (slower)
Derived from (H+L+C)/3 with EMA and SMA smoothing
Color Logic:
🔼 WT1 crosses above WT2 → Cyan (Bullish Momentum)
🔽 WT1 crosses below WT2 → White (Bearish Momentum)
Zero Line Behavior:
Above 0 = strong uptrend confirmation
Below 0 = strong downtrend confirmation
✅ 2. Money Flow Line (MF Line)
Measures volume pressure based on price vs. long-period EMA
Displayed as an area plot underneath
Color Logic:
🔵 Light Cyan = Buying pressure emerging
⚪ Light White = Selling pressure emerging
Color dynamically changes based on volume shifts
Signal Strategy:
WT1 crossover + Cyan MF = Buy Confirmation
WT1 crossover + White MF = Sell Confirmation
Mismatched signals = caution advised
🧩 Designed to Pair with BskLAB – Signal Assistant
BskLAB – Money Flow X works best when used alongside 👉 BskLAB – Signals Assistant
Both tools are designed to complement each other:
Signals Assistant provides structural and momentum-based trade entries
Money Flow X confirms whether real buy/sell volume supports those entries
✅ How to Use Together:
Wait for a Buy/Sell signal from Signal Assistant
Confirm with:
WT crossover + MF color (Money Flow mode)
Histogram color shift (Volume Momentum mode)
✅ Money Flow X acts as the official volume confirmation layer within the BskLAB system to reduce false signals and improve decision-making confidence.
⚙️ Customization Options
Volume Length (for Volume Momentum)
WT Smoothing (for Money Flow)
Toggle Classic / Hidden Divergences
🔶 CONCLUSION
BskLAB – Money Flow X isn’t just another indicator — it’s a decision-making support system designed to uncover the truth behind price movements.
It helps traders gain clarity during uncertainty, separate strong signals from noise, and develop a systematic approach to entries.
By combining oscillator-based momentum + volume behavior + divergences, this tool becomes essential for traders who prioritize execution accuracy in real-world conditions.
🔶 RISK DISCLAIMER
Trading involves high risk and is not suitable for everyone. All tools, scripts, and content provided by BskLAB are for educational purposes only and do not constitute financial advice.
Past results do not guarantee future performance — trade responsibly.
Multi VWAP with Bands (Band 1 & 2 Only)VWAP stands for Volume Weighted Average Price. It represents the average price of a security, weighted by volume, over a specific period (usually a single trading day). It shows where most trading activity has occurred in terms of price.
VPOC [cem_trades]Session-Based Volume POC with Naked VPOC Visualization
This indicator dynamically calculates and visualizes the Volume Point of Control (VPOC) — the price level with the highest traded volume — for custom, user-defined session windows (e.g., 60-minute, 120-minute, or any other interval). Unlike standard VPOC indicators that rely on fixed sessions (daily, weekly, etc.), this tool allows you to define granular intra-session ranges, giving greater flexibility and precision in volume profile analysis.
In addition to current VPOCs, the indicator also highlights "naked" VPOCs — past VPOC levels that have not yet been revisited by price — which are commonly used to identify high-probability reaction zones. These levels often act as powerful support or resistance areas in both intraday and swing trading contexts.
Key Features:
Fully adjustable session length and time zone configuration
Supports RTH/ETH market hours
Naked VPOCs are clearly marked for visibility and strategic planning
Compatible with any asset and timeframe
This script is invite-only due to its unique implementation of dynamic session logic, which is not available in existing open-source versions.
To use:
Select your desired session duration (e.g., 90min)
Choose your time zone and trading hours (RTH or ETH)
Observe real-time VPOC shifts and naked VPOC levels on your chart
A clean chart is recommended for full visibility of levels. No external indicators are required for operation.
Weekly Volume USDT## Description
This Pine Script indicator displays the trading volume for each day of the current week (Monday through Sunday) in a clean table format on your TradingView chart. The volume is calculated in USDT equivalent and displayed in the top-right corner of the chart.
## Features
- **Weekly Volume Breakdown**: Shows individual daily volumes from Monday to Sunday
- **USDT Conversion**: Automatically converts volume to USDT using the average price (open + close / 2)
- **Smart Formatting**:
- Large numbers are formatted with K (thousands) and M (millions) suffixes
- Example: 1,234,567 → 1.23M USDT
- **Clean Table Display**: Fixed position table in the top-right corner
- **Current Week Focus**: Displays volumes for the current week only
- **Future Days Handling**: Days that haven't occurred yet in the current week show as "-"
## How It Works
1. The indicator calculates the average price for each day using (Open + Close) / 2
2. Multiplies the daily volume by the average price to get USDT-equivalent volume
3. Displays the results in an easy-to-read table format
## Use Cases
- **Volume Analysis**: Quickly identify which days of the week have the highest trading activity
- **Pattern Recognition**: Spot weekly volume patterns and trends
- **Trading Decisions**: Use volume information to inform your trading strategies
- **Market Activity Monitoring**: Keep track of market participation throughout the week
## Installation
Simply add this indicator to your TradingView chart and it will automatically display the weekly volume table in the top-right corner.
## Tags
#volume #weekly #USDT #table #analysis #trading #cryptocurrency
Multi VWAP with Bands (Band 1 & 2 Only)Multiple Vwap With Bands 1 and 2
VWAP stands for Volume Weighted Average Price. It’s a trading benchmark used to give the average price a security (like a stock or cryptocurrency) has traded at throughout the day, based on both price and volume.
Rolling VWAPVWAP (Volume Weighted Average Price) is a trading benchmark that gives the average price a security has traded at throughout the day, based on both price and volume.
BK AK-SILENCER (P8N)🚨Introducing BK AK-SILENCER (P8N) — Institutional Order Flow Tracking for Silent Precision🚨
After months of meticulous tuning and refinement, I'm proud to unleash the next weapon in my trading arsenal—BK AK-SILENCER (P8N).
🔥 Why "AK-SILENCER"? The True Meaning
Institutions don’t announce their moves—they move silently, hidden beneath the noise. The SILENCER is built specifically to detect and track these stealth institutional maneuvers, giving you the power to hunt quietly, execute decisively, and strike precisely before the market catches on.
🔹 "AK" continues the legacy, honoring my mentor, A.K., whose teachings on discipline, precision, and clarity form the cornerstone of my trading.
🔹 "SILENCER" symbolizes the stealth aspect of institutional trading—quiet but deadly moves. This indicator equips you to silently track, expose, and capitalize on their hidden footprints.
🧠 What Exactly is BK AK-SILENCER (P8N)?
It's a next-generation Cumulative Volume Delta (CVD) tool crafted specifically for traders who hunt institutional order flow, combining adaptive volatility bands, enhanced momentum gradients, and precise divergence detection into a single deadly-accurate weapon.
Built for silent execution—tracking moves quietly and trading with lethal precision.
⚙️ Core Weapon Systems
✅ Institutional CVD Engine
→ Dynamically measures hidden volume shifts (buying/selling pressure) to reveal institutional footprints that price alone won't show.
✅ Adaptive AK-9 Bollinger Bands
→ Bollinger Bands placed around a custom CVD signal line, pinpointing exactly when institutional accumulation or distribution reaches critical extremes.
✅ Gradient Momentum Intelligence
→ Color-coded momentum gradients reveal the strength, speed, and silent intent behind institutional order flow:
🟢 Strong Bullish (aggressive buying)
🟡 Moderate Bullish (steady accumulation)
🔵 Neutral (balance)
🟠 Moderate Bearish (quiet distribution)
🔴 Strong Bearish (aggressive selling)
✅ Silent Divergence Detection
→ Instantly spots divergence between price and hidden volume—your earliest indication that institutions are stealthily reversing direction.
✅ Background Flash Alerts
→ Visually highlights institutional extremes through subtle background flashes, alerting you quietly yet powerfully when market-moving players make their silent moves.
✅ Structural & Institutional Clarity
→ Optional structural pivots, standard deviation bands, volume profile anchors, and session lines clearly identify the exact levels institutions defend or attack silently.
🛡️ Why BK AK-SILENCER (P8N) is Your Edge
🔹 Tracks Institutional Footprints—Silently identifies hidden volume signals of institutional intentions before they’re obvious.
🔹 Precision Execution—Cuts through noise, allowing you to execute silently, confidently, and precisely.
🔹 Perfect for Traders Using:
Elliott Wave
Gann Methods (Angles, Squares)
Fibonacci Time & Price
Harmonic Patterns
Market Profile & Order Flow Analysis
🎯 How to Use BK AK-SILENCER (P8N)
🔸 Institutional Reversal Hunting (Stealth Mode)
Bearish divergence + CVD breaking below lower BB → stealth short signal.
Bullish divergence + CVD breaking above upper BB → quiet, early long entry.
🔸 Momentum Confirmation (Silent Strength)
Strong bullish gradient + CVD above upper BB → follow institutional buying quietly.
Strong bearish gradient + CVD below lower BB → confidently short institutional selling.
🔸 Noise Filtering (Patience & Precision)
Neutral gradient (blue) → remain quiet, wait patiently to strike precisely when institutional activity resumes.
🔸 Structural Precision (Institutional Levels)
Optional StdDev, POC, Value Areas, Session Anchors clearly identify exact institutional defense/offense zones.
🙏 Final Thoughts
Institutions move in silence, leaving subtle footprints. BK AK-SILENCER (P8N) is your specialized weapon for tracking and hunting their quiet, decisive actions before the market reacts.
🔹 Dedicated in deep gratitude to my mentor, A.K.—whose silent wisdom shapes every line of code.
🔹 Engineered for the disciplined, quiet hunter who knows when to wait patiently and when to strike decisively.
Above all, honor and gratitude to Gd—the ultimate source of wisdom, clarity, and disciplined execution. Without Him, markets are chaos. With Him, we move silently, purposefully, and precisely.
⚡ Stay Quiet. Stay Precise. Hunt Silently.
🔥 BK AK-SILENCER (P8N) — Track the Silent Moves. Strike with Precision. 🔥
May Gd bless every silent step you take. 🙏
Volumen Consolidado Exchanges [JoseMetal]============
ENGLISH
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- General description:
This is a consolidated volume indicator that allows you to pick up to 10 exchanges to consolidate volume, which can be displayed split or merged.
- Features:
Shows per-exchange volume with custom exchange selection.
Able to toggle on/off each exchange.
Able to customize color for each exchange.
Toggleable total (sum) volume with custom SMA.
- Visual:
Volume is sorted from highest to lowest, so you can see every single exchange's color volume.
Accumulated volume is white, and SMA is red.
- Recommendations:
Perfect for trading with volume strategies or using as confirmation with order blocks or FVGs.
============
ESPAÑOL
============
- Descripción general:
Este es un indicador de volumen consolidado que permite seleccionar hasta 10 exchanges para consolidar el volumen, el cual puede mostrarse dividido o fusionado.
- Características:
Muestra el volumen por exchange con selección personalizada de exchanges.
Posibilidad de activar/desactivar cada exchange.
Posibilidad de personalizar el color de cada exchange.
Volumen total (suma) activable/desactivable con SMA personalizable.
- Visual:
El volumen se ordena de mayor a menor, de forma que puedes ver el volumen de color de cada exchange individual.
El volumen acumulado es blanco, y la SMA es roja.
- Recomendaciones:
Perfecto para operar con estrategias de volumen o usar como confirmación con order blocks o FVGs.
📈 Volume VelocityThis is a private indicator for volume velocity.
You can set MA length to set velocity.
Bar:
Bar is volume difference from volume velocity and volume velocity MA
Dot:
Dot is volume trading velocity difference from its MA.(ignore the negative one)
Grey:
Set as a threshold for velocity monitoring, usually if it over area, it indicator a huge volume trade
Crypto Schlingel - PVSRA POC EMA Suite v5.759
PVSRA POC EMA suite
📌 Main functions
This indicator is an all in one indicator suite that includes
- PVSRA (price, volume, support, resistance analysis)
- POC
- Visualization of bullish and bearish volume in Wicks
- EMAs and Daily EMAs (alternatively also SMA or WMA)
The following information can also be displayed
- Daily Open
- Market open
- Yesterday High and Low
- Last Weekly High and Low
- Bollinger Bands
- VWAP
- Kaufman's Adaptive Moving Average (KAMA)
- ADR
- Psy High and Low
- Pivot Points
- Overlong Wicks
- Representation Death and Golden Cross
- Pivot Point Ranges
Designed to help traders analyze volume pressures, market trends and price movements with color-coded visualizations.
PVSRA Volume Color Coding - Highlights vector candles based on extreme volume/spread conditions.
Volume Delta Analysis - Tracks buy/sell pressure based on up/down volume data.
The PVSRA color coding - The script classifies candles into four categories based on volume and spread analysis:
🔴 Red vector → Extremely bearish volume/spread
🟢 Green vector → Extremely bullish volume/spread
🟣 Violet vector → Above average bearish volume
🔵 Blue vector → Above average bullish volume
Calculation of the volume delta - Uses a volume analysis in a lower time frame, splitting the candles to get an accurate position of the volume.
Important notes:
Works best on intraday timeframes where volume data is reliable.
Volume delta estimates for lower time frames may not be accurate for all assets.
No guarantee of accuracy
3MA Volume MTF Pro+📊 3MA Volume MTF Pro+ Indicator Documentation
🔬 Experimental Nature of the Indicator
The 3MA Volume MTF Pro+ is currently in an experimental/testing phase, designed to explore unconventional approaches to volume analysis. While it incorporates proven concepts like moving averages and volume profiling, its unique combination of multi-timeframe volume MAs, day-of-week levels, and trend-strength filters is still being refined.
🧪 Key Experimental Aspects:
1. Novel Volume-Based Signals
Unlike traditional price-based MAs, this indicator applies MA crossovers directly to volume data, which may produce unconventional but insightful momentum signals.
Hypothesis: Volume MA crossovers could precede price breakouts/reversals.
2. Day-of-Week Volume Anomalies
The "levels" system tests whether historical volume patterns (e.g., high Fridays, low Mondays) repeat predictably.
Caution: Market regimes change—backtest before relying on these patterns.
3. Trend Strength via Volume Deviation
The "strong/weak" trend filter uses volume vs. its moving average, not price. This is experimental but may help filter false breakouts.
⚠️ Disclaimer for Users:
Not a standalone strategy. Use alongside price action, support/resistance, or other confirmations.
Repainting risk: MAs recalculate on new bars—avoid very short timeframes (e.g., 1-minute charts).
Forward-test alerts in a demo account before live trading.
🌟 Overview
The 3MA Volume MTF Pro+ is a powerful volume-based indicator designed to analyze trends, detect volume anomalies, and identify recurring patterns across different timeframes. It combines three customizable moving averages (MAs) applied to volume data with day-of-week volume levels, trend strength visualization, and smart alerts.
🛠 Key Features & How It Works
📈 1. Multi-Timeframe Volume MAs
🔹 Three independent MAs (MA1, MA2, MA3) can be applied to volume data, each with:
8 MA types: EMA, SMA, RMA, WMA, SMMA, HMA, JMA, TMA.
Adjustable lengths (e.g., 20, 50, 100).
Multi-timeframe support (e.g., MA1 on 1H, MA2 on 4H).
🔹 Purpose: Identify volume trends (rising/falling) and crossovers for momentum signals.
📅 2. Day-of-Week Volume Levels
🔹 Calculates historical average volume for each day (Monday–Sunday) over a user-defined period (default: 2 weeks).
🔹 How to use:
Compare current volume to the day’s average level (dashed lines).
Spikes above/below suggest unusual activity (e.g., high Friday volume = potential breakout).
🎨 3. Trend Strength Filter
Strong Trend (Green): Volume ≥ 120% of its moving average.
Weak Trend (Red): Volume ≤ 80% of its moving average.
Purpose: Visually confirm trend strength alongside MA crossovers.
🔔 4. Alerts
MA Cross Alerts: Notify when MAs intersect (e.g., "MA1 crosses MA2").
Day-Level Alerts: Trigger when volume breaches the current day’s average level.
🚀 Practical Applications
✅ Trend Confirmation
Bullish Signal: MA1 > MA2 + Strong Volume (Green background).
Bearish Signal: MA3 > MA1 + Weak Volume (Red background).
✅ Intraday/Weekly Patterns
Example: If volume consistently peaks on Wednesdays, use levels as reversal/breakout points.
✅ Multi-Timeframe Analysis
Alignment Check: If hourly MA1 rises while daily MA2 flattens, short-term momentum may fade.
⚖️ Pros & Cons
✅ Advantages
Customizable: Tailor MAs to your strategy (e.g., JMA for responsiveness, TMA for smoothness).
Visual Clarity: Color-coded trends and dashed day-levels.
Actionable Alerts: Real-time notifications for crossovers/level breaks.
❌ Limitations
Lagging: Volume-based indicators react slower than price.
Overcrowding: Too many MAs/levels may clutter the chart (disable unused ones).
📜 Setup Guide
⚙️ Step 1: Configure MAs
MA1/2/3 Settings: Enable each MA, select type (e.g., TMA), length (e.g., 20), and timeframe (blank = current).
Example: MA1 = TMA-20 (1H), MA2 = JMA-50 (4H), MA3 = HMA-100 (1D).
📅 Step 2: Day-Level Settings
Show Levels: Toggle visibility.
Weeks to Display: Adjust historical lookback (e.g., 2 weeks).
🔔 Step 3: Alerts & Trend Filter
Alerts: Enable MA crosses/day-level breaches.
Trend Filter: Toggle background colors for strength/weakness.
🎨 Visual Examples
🌈 Color Legend
🔵 MA1 (Blue): Short-term volume trend.
🔴 MA2 (Red): Medium-term trend.
🟢 MA3 (Green): Long-term trend.
Dashed Lines: Day-of-week levels (e.g., purple = Monday, orange = Thursday).
📉 Sample Scenario
MA1 crosses MA2 upward + Green background = Strong uptrend confirmation.
Volume exceeds Friday’s level = Potential breakout alert.
💡 Pro Tips
Combine with Price Action: Use levels alongside support/resistance.
Adjust Timeframes: Match MAs to your trading style (scalping = 5M, swings = 1H).
Test Alerts: Ensure triggers align with your strategy.
❤️ Support This Project
If you find this indicator helpful and want to support future developments, donations are appreciated at:
USDT (TRC20): THFFLEZSpTqapYF6oj9rmuTCQVUXvuz7VS
Your generosity helps maintain and improve free indicators for the trading community!
Highlight Highest Volume CandleHow it works:
lookback: how many bars to look back for highest volume (default 50).
highestVol: the maximum volume in that range.
isHighestVol: true if the current candle’s volume equals that maximum.
plotcandle: draws the candle in bright yellow.
plotshape: adds a small triangle below the bar for extra visibility.
THE WICKLESS CANDLE By [VXN]The Wickless Candles Strategy - Comprehensive Analysis
Core Concept
The "Wickless Candles" strategy is a technical analysis approach that identifies specific candlestick formations where one side of the candle has no wick, indicating strong directional momentum and potential support/resistance levels.
What Are Wickless Candles?
Bullish Wickless Candles
Meaning: A green candle where the opening price equals the lowest price
Significance: Shows that buyers immediately took control and never let price fall below the opening level
Implication: The opening price becomes a strong support level
Bearish Wickless Candles
Meaning: A red candle where the opening price equals the highest price
Significance: Shows that sellers immediately dominated and never let price rise above the opening level
Implication: The opening price becomes a strong resistance level
Visual Strategy Elements
Support/Resistance Lines
Bullish Lines: Green horizontal lines drawn at the low (open) price of wickless bullish candles
Bearish Lines: Red horizontal lines drawn at the high (open) price of wickless bearish candles
Extension: Lines project forward for 5 bars (configurable) to highlight key levels
Purpose: These levels often act as future support/resistance zones
Advanced Volume Analysis (4:00 AM - 9:29 AM Session)
Volume Calculations
Market Dominance Indicators
🟢🟢🟢🔴: Buyer dominance (more buying pressure)
🔴🔴🔴🟢: Seller dominance (more selling pressure)
🟢🟢🔴🔴: Balanced market (equal pressure)
Comprehensive Statistics Monitor
Wickless Candle Metrics
Bullish Count: Total number of bullish wickless candles detected
Bearish Count: Total number of bearish wickless candles detected
Total Wickless: Combined count of all wickless formations
Max Scanned: Total number of candles analyzed
Percentages: Bullish vs bearish distribution ratios
Volume Intelligence
Current Volume: Real-time session volume in millions
Buyer/Seller Percentages: Relative strength of each side
Market Dominance: Visual representation of controlling force
Strategic Applications
Entry Signals
Long Entries: Near bullish wickless candle support lines
Short Entries: Near bearish wickless candle resistance lines
Confirmation: Use volume dominance to confirm directional bias
Market Context
Institutional Interest: Wickless candles often indicate large player activity
Price Rejection: Shows where market participants strongly defended levels
Momentum Confirmation: Volume analysis validates the strength behind moves
Key Advantages
Objective Identification: Clear mathematical criteria for wickless formations
Real-Time Monitoring: Live statistics and volume analysis
Multi-Timeframe Application: Works across different chart intervals
Alert System: Automatic notifications when new levels are established
Visual Clarity: Easy-to-spot support/resistance lines on chart
This strategy combines traditional candlestick analysis with modern volume profiling to identify high-probability trading zones where institutional and retail sentiment align at specific price levels.
ALGOGRAM-VOLUMEXPRICE📊 Price × Volume Volume-Style Histogram 🔍
Custom Buy Signal Based on Institutional Activity
This powerful volume-based oscillator helps detect potential institutional buying zones using a two-layer filter logic:
✅ Core Logic:
Price × Volume > ₹4 Cr
This ensures high-value transactions — a sign of serious interest, not noise.
Volume Spike > 10× Average Volume
Filters for unusual volume activity compared to the last 50 bars (customizable).
🎯 Signal Highlights:
🔵 Purple Bars: Strong buy signal when both conditions are true (price × volume > ₹4Cr AND volume spike).
🟢 Light Green Bars: Price × Volume > ₹4Cr but no volume spike.
🔷 Cyan Bars: Only volume spike detected.
⚪ White Bars: Normal market activity.
🟢 Visual Features:
Plots as a histogram in a separate pane — just like the volume chart.
Optional green dot above purple bars for clear entry marking.
₹4Cr threshold reference line included (dashed red).
Adjustable:
Timeframe
Average period for volume
Threshold in ₹ Crores
💡 Use Case:
This indicator is designed for short-term traders and swing traders to catch breakout points where institutional volume meets price acceleration.
Volume Weighted Average Price Dynamic Slope [sgbpulse]VWAP Dynamic Slope: A Comprehensive Indicator for Trend Identification and Smart Trading
Introducing VWAP Dynamic Slope, an innovative TradingView indicator that harnesses the power of Volume Weighted Average Price (VWAP) and enhances it with immediate visual feedback. The indicator colors the VWAP line based on its slope, allowing you to quickly and easily identify the direction and strength of the current trend for the asset, providing advanced tools for in-depth analysis.
What is VWAP and Why is it so Important?
VWAP (Volume Weighted Average Price) is an indicator that represents the average price at which an asset has traded, weighted by the volume traded at each price level. Unlike a simple moving average, VWAP gives greater weight to trades executed with high volume, making it a reliable measure of the asset's "true" or "fair" price within a given period. Many institutional traders use VWAP as a central reference point for evaluating the effectiveness of entries and exits. An asset trading above its VWAP is considered to have bullish momentum, and below it – bearish momentum.
How it Works: Dynamic VWAP Slope Analysis
VWAP Dynamic Slope analyzes the inclination of the VWAP line and displays it using an intuitive color scheme:
Positive Slope (Uptrend): When the VWAP points upwards, signaling positive momentum, the default color will be green.
Negative Slope (Downtrend): When the VWAP points downwards, signaling negative momentum, the default color will be orange.
Trend Change (CHG): When a change in the VWAP's trend direction occurs, a "CHG" label will be displayed. The label's color will be green if the change is to an uptrend, and orange if the change is to a downtrend.
Identifying Steep Slopes for Increased Momentum:
The indicator's uniqueness lies in its ability to identify "steep" slopes – rapid and particularly strong changes in the VWAP's direction. This indicates exceptionally strong momentum:
Steep Positive Slope: The VWAP color will change to dark green, indicating significant buying pressure.
Steep Negative Slope: The VWAP color will change to dark red, indicating significant selling pressure.
Dynamic Momentum Strength Label: In situations of steep slope (positive or negative), a dynamic label will be displayed with the change value of the VWAP at that point. This label allows you to monitor momentum strength, intensification, or weakening in real-time.
Advanced Analytical Tools for Complete Control
VWAP Dynamic Slope provides you with unprecedented flexibility through a variety of customizable tools:
Multiple VWAP Anchors and Visual Marking:
Common Time Anchors: Choose whether the VWAP resets at the beginning of each Session (daily), Week, Month, Quarter, Year, Decade, or Century.
Advanced Intraday Anchors: Within the Session, you can choose to calculate VWAP specifically for Pre-Market, Regular Hours, and Post-Market hours. This option is particularly crucial for intraday traders.
Important Event Anchors: The indicator allows for VWAP resets at significant milestones such as Earnings, Dividends, and Splits, for analyzing the market's immediate reaction.
Visual Anchor Marking: To enhance clarity and orientation, a Label ⚓ can be displayed at each selected anchor point, helping to immediately identify the start point of the VWAP calculation in the chosen context.
Customizable Bands (Up to Three on Each Side):
Add up to three Bands above and below the VWAP to identify areas of deviation and excursion from the average price. You have two calculation options:
Standard Deviation: Based on volatility and statistical distance from the VWAP.
Percentage: Defines fixed percentage-based bands from the VWAP.
Key Pre-Market Levels (Pre-Market High/Low):
Display the Pre-Market High and Low levels as separate lines on the chart. These lines often serve as important psychological support and resistance zones, allowing you to see how the VWAP behaves near them.
Full Customization and Precise Control:
VWAP Source Selection: Determine which price data type will be used for the VWAP calculation. The default is HLC3 (average of High, Low, and Close), but any other relevant data source available in TradingView can be selected.
Offset: Set an offset for the VWAP line, allowing you to shift it left or right on the time axis by a chosen number of bars.
Customizable Colors: Choose your preferred colors for each slope state, Pre-Market High/Low lines, and Bands.
Setting the "Steepness" Threshold (Per-mille Price Change Per Minute ‱/min with Auto-Adjustment): Determine the sensitivity for identifying a steep slope by setting the required change threshold in VWAP in terms of per-mille price change per minute (‱/min). The indicator performs smart adjustment for any timeframe you select on the chart (e.g., 30 seconds, 1 minute, 5 minutes, 10 minutes, etc.), ensuring that the "steepness" setting maintains consistency and relevance.
Examples for Setting the Steepness Threshold:
Suppose you set the steepness threshold to 0.3‱/min (per-mille price change per minute).
On a 30-second chart: The indicator will check if the VWAP changed by 0.15 ‱/min (half of the per-minute threshold) within a single bar. If so, the slope will be considered steep. Explanation: Since 30 seconds is half a minute, the indicator looks for a change that is half of the threshold set for a full minute.
On a 1-minute chart: The indicator will check if the VWAP changed by 0.3 ‱/min (the full per-minute threshold) within a single bar. If so, the slope will be considered steep. Explanation: Here, the bar represents a full minute, so we check the full threshold.
On a 5-minute chart: The indicator will check if the VWAP changed by 1.5 ‱/min (5 times the per-minute threshold) within a single bar. If so, the slope will be considered steep. Explanation: A 5-minute bar contains 5 minutes, so the cumulative change in VWAP needs to be 5 times greater to be considered "steep" on the same scale.
In summary, this setting allows you to precisely and uniformly control the sensitivity of steep slope detection across all timeframes, providing immense flexibility in analyzing the asset's momentum.
Advantages of Using Per-mille Price Change Per Minute (‱/min)
Using per-mille price change per minute (‱/min) offers several key advantages for your indicator:
Normalized and Objective Measurement: It provides a uniform scale for the VWAP's rate of change, regardless of the asset's price or nominal value. A 0.1 per-mille change per minute always carries the same relative significance.
Comparison Across Different Asset Prices: Using per-mille allows for direct comparison of VWAP movement strength between assets trading at very different prices (e.g., a $100 asset versus a $1 asset), enabling an understanding of true momentum without bias from the nominal price.
Smart Timeframe Agnostic Adjustment: This is a critical capability. The indicator automatically adjusts the per-mille per minute threshold you set to any chart timeframe (30 seconds, 1 minute, 5 minutes, etc.), maintaining consistency in "steepness" detection without manual recalibration.
Precise Momentum Identification: This measurement precisely identifies when the VWAP's rate of change becomes significant, and when momentum strengthens or weakens, contributing to more informed trading decisions.
In short, per-mille change per minute (‱/min) provides accuracy, consistency, and flexibility in identifying VWAP momentum changes, with smart adaptation across all timeframes.
Who is this Indicator For?
VWAP Dynamic Slope is a powerful tool for:
Intraday Traders: For quick identification of intraday trend directions and momentum across any timeframe, with specific consideration for Pre-Market, Regular Hours, or Post-Market VWAP, and incorporating key pre-market levels.
Swing Traders and Long-Term Investors: For analyzing longer-term trends based on periodic and event-driven VWAP anchors.
Beginner Traders: As an excellent visual aid for understanding the relationship between price, volume, and trend direction, and how different anchor points, pre-market levels, and data sources influence price behavior.
Experienced Traders: For integration with existing strategies, gaining additional confirmation for trend strength identification, and highly precise and flexible parameter calibration.
VWAP Dynamic Slope provides a rich, multi-dimensional layer of information about the VWAP, helping you make more informed trading decisions in real-time, within the context of your chosen asset.
Volume PercentileThis Pine Script indicator highlights bars where the current volume exceeds a configurable percentile threshold (e.g., 80th percentile) based on a rolling window of historical volume data.
🔍 Key Features:
Calculates a user-defined volume percentile (e.g., 75th, 80th, 90th) over a rolling window.
Marks candles where current volume is higher than the selected percentile.
Helps detect volume spikes, breakouts, or unusual activity.
Works directly on the main chart window for easier analysis.
🛠️ Inputs:
Window Length: Number of bars used to calculate the percentile (default = 20).
Percentile: The percentile threshold to trigger a high-volume signal (default = 80).
🖥️ Visualization:
Displays a red triangle marker below bars with volume above the selected percentile.
Hme Rolling VolumeThis indicator allows you to display volume in a continious rolling time frame.
Instead of starting at zero for each new bar, it displays, for example, the cumulative volume of the last 120 seconds on a 2-minute chart.
This helps you track volume trends even more quickly and interpret their behavior without the break between bars.