OPEN-SOURCE SCRIPT
Volume Spike
This script identifies volume spikes as a percentage change of the current bar's volume compared to the previous 3 bars' average volume.
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.
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