OPEN-SOURCE SCRIPT
Volume Surge indicator
This indicator highlight candles when Volume surge "X" times in compare of last "n" candle.
It helps you to find moments of market which Volatility and Position volumes raise significantly.
In other words, It shows footstep of "Big Banks" or "Whales" or other Giants ;)
- default value highlight candles when Volume is 2 time more than average of last 30 candle. But you can modify both values in your favor.
* You can set Alarm for notifying in advance when Volume surge happened on any chart.
I hope you guys find it helpful and handy
It helps you to find moments of market which Volatility and Position volumes raise significantly.
In other words, It shows footstep of "Big Banks" or "Whales" or other Giants ;)
- default value highlight candles when Volume is 2 time more than average of last 30 candle. But you can modify both values in your favor.
* You can set Alarm for notifying in advance when Volume surge happened on any chart.
I hope you guys find it helpful and handy
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.