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[X342] Volume Insight

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[X342] Volume Insight — Smart Flow Analysis

OVERVIEW
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Volume Insight is a comprehensive volume analysis indicator that helps identify unusual trading activity and momentum shifts through smart volume classification.

METHODOLOGY
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The indicator employs a multi-layered volume analysis approach:

1. Volume Classification
- Compares current volume to moving average
- Identifies "high volume" bars using configurable multiplier
- Color-codes bars by direction (bullish/bearish) and intensity

2. Moving Average Options
- SMA: Simple Moving Average (equal weight)
- EMA: Exponential Moving Average (recent bias)
- WMA: Weighted Moving Average (linear weight)
- RMA: Running Moving Average (smoothed)
- HMA: Hull Moving Average (responsive, less lag)

3. Daily Context
- Fetches daily timeframe volume data
- Compares today vs yesterday volume
- Calculates percentage change for trend context

VISUAL ELEMENTS
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• Volume Bars: Colored by direction and high-volume status
- Green: Bullish volume (close > open)
- Red: Bearish volume (close < open)
- Gold: High volume (exceeds threshold)

• MA Line: Blue line showing average volume
• Threshold Line: Gold step-line showing high volume trigger level

FEATURES
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✓ Dual language support (English / Türkçe)
✓ Multiple MA type options
✓ Configurable high volume detection
✓ Daily volume comparison
✓ Comprehensive info panel
✓ Alert conditions for volume spikes

SETTINGS
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Display:
- Show Volume Bars: Toggle bar display
- Show Moving Average: Toggle MA line
- Show High Volume Threshold: Toggle threshold line

Moving Average:
- MA Period: Lookback period (default: 20)
- MA Type: SMA/EMA/WMA/RMA/HMA

Detection:
- High Volume Multiplier: Threshold multiplier (default: 1.5x)

Panel:
- Show Info Panel: Toggle dashboard
- Panel Position: Corner selection

INFO PANEL
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Displays:
- Current volume value and status
- Average volume over selected period
- Volume ratio (current / average)
- Today's total volume
- Yesterday's total volume
- Daily change percentage

ALERTS
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• High Bullish Volume: Above threshold + green bar
• High Bearish Volume: Above threshold + red bar
• Volume Spike: 2x+ average volume detected

BEST PRACTICES
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- High volume on breakouts confirms the move
- Declining volume on rallies warns of exhaustion
- Volume spikes near support/resistance are significant
- Combine with price action for best results

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.