PROTECTED SOURCE SCRIPT
Volume Heatmap Oscillator (RSI-Normalized + M/B Format)
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.
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.