OPEN-SOURCE SCRIPT
Volume Spike
Flags when volume exceeds a multiple (1.5x) of its 20-period SMA, signaling a burst of activity.
Confirms conviction on 1H breakouts or patterns (a flag breaking with a red cross showing high volume).
Pinpoints sudden shifts—great for catching momentum bursts at your entry.
Note: Trade with the major trend and confirm with price action.
Confirms conviction on 1H breakouts or patterns (a flag breaking with a red cross showing high volume).
Pinpoints sudden shifts—great for catching momentum bursts at your entry.
Note: Trade with the major trend and confirm with price action.
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.
For quick access on a chart, add this script to your favorites — 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.
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.
For quick access on a chart, add this script to your favorites — 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.