OPEN-SOURCE SCRIPT

Suspicious Volume

this script can use for detecting the suspicious volume. In this indicator the ratio of the current volume to the average of several previous candlesticks has been defined as standardized between 0 and 100. So when this indicator go to 100 we can understand that trading volume is increasing and vice versa.


Good luck
Emad Koosha
OscillatorsVolume IndicatorVolume

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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