OPEN-SOURCE SCRIPT

Pulse

Volume can help confirm signals we might discover using other methods of technical analysis .

This indicator's logic spots above-average turnover and then tests against the price change. Pulse highlights sessions with heavy volume and directional moves. This can help take out the noise and help confirm the trend.
Volume IndicatorVOLUMEBREAKOUTvolumespikeVolume

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.

Want to use this script on a chart?

Disclaimer