OPEN-SOURCE SCRIPT
Volume Surge Alert
Volume is often the fuel behind meaningful price moves. The Volume Surge Alert indicator highlights bars where volume explodes above its recent average, helping you spot accumulation, distribution, and breakout attempts before the price fully reacts.
Use it on any timeframe or market to monitor for unusual participation, confirm breakouts, or filter entries. Adjust the SMA length and surge multiple to match your market’s typical liquidity profile.
- Calculates a configurable simple moving average of volume to establish “normal” activity.
- Flags bars where the current volume exceeds the SMA by a user-defined multiple (default 2×).
- Colors the column and background on surge bars for quick visual confirmation.
- Provides an alert condition so you can receive notifications the moment activity spikes.
Use it on any timeframe or market to monitor for unusual participation, confirm breakouts, or filter entries. Adjust the SMA length and surge multiple to match your market’s typical liquidity profile.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.