PROTECTED SOURCE SCRIPT
HY Smart Volume
HY Smart Volume is a custom volume analysis indicator that breaks total volume into three stacked layers to visualize market participation strength:
Retail volume (normal activity)
Medium volume (above-average activity)
Smart money volume (high-impact institutional activity)
The script splits each candle’s volume into layers:
1. Retail Volume
2. Medium Volume
3. Smart Money Volume
🟢 Retail Volume
Represents normal market activity
🟡 Medium Volume
Indicates increasing interest
🔴 Smart Money Volume
Red → Smart buying
Maroon → Smart selling
Retail volume (normal activity)
Medium volume (above-average activity)
Smart money volume (high-impact institutional activity)
The script splits each candle’s volume into layers:
1. Retail Volume
2. Medium Volume
3. Smart Money Volume
🟢 Retail Volume
Represents normal market activity
🟡 Medium Volume
Indicates increasing interest
🔴 Smart Money Volume
Red → Smart buying
Maroon → Smart selling
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.