OPEN-SOURCE SCRIPT
Volume Spectrum Grid – Liquidity Mapping Engine[mark804]
🔷 Volume Spectrum Grid – Liquidity Mapping Engine [mark804]
The Volume Spectrum Grid is a professional-grade indicator built to help traders identify hidden liquidity zones, volume concentration areas, and potential support/resistance levels with precise visual cues. Whether you trade Forex, Gold, Indices, or Crypto, this tool provides a powerful edge by combining volume profile analysis and real-time volume bubble visualization in a single framework.
Key Features
1 Volume Profile Grid: Automatically scans the last X bars (adjustable via LookBack) to map horizontal volume bins, highlighting areas where the most volume has been traded.
2 Volume Bubbles: Plots dynamic bubbles at each candle, scaling their size and color based on real-time volume intensity (using standard deviation logic).
2 Liquidity Zones (POC Lines): Detects and marks high-volume clusters (Point of Control zones) with adaptive lines, helping traders anticipate areas of strong support/resistance.
3 High/Low Anchors: Automatically labels the highest high and lowest low in the lookback period to define structural extremes.
4 Gradient-Based Visuals: Uses color gradients to indicate buy-side (bullish) and sell-side (bearish) pressure based on current price action and volume.
How It Works
1. Volume Normalization: Uses 200-period standard deviation to measure whether current volume is small, average, or exceptionally large.
2. Grid Binning: Breaks down the price range into 100 equally spaced bins and accumulates volume for each.
3. Box Plotting: If enabled, volume boxes are drawn where volume clusters exist — visually showing zones of interest.
4. POC Line Drawing: Liquidity levels are drawn over high-volume bins to serve as dynamic SR zones.
5. Bubble Plotting: Displays a volume bubble at each bar based on intensity level, scaling from tiny to huge.
Why Use This Tool?
Helps identify institutional-level liquidity zones before price reacts.
Perfect for Smart Money Concepts (SMC), Volume Profile Analysis, and Order Flow Strategy.
Visually clean and optimized for performance even with high data density.
Fully customizable colors and toggle switches to turn ON/OFF bubbles, profile, and liquidity levels.
The Volume Spectrum Grid is a professional-grade indicator built to help traders identify hidden liquidity zones, volume concentration areas, and potential support/resistance levels with precise visual cues. Whether you trade Forex, Gold, Indices, or Crypto, this tool provides a powerful edge by combining volume profile analysis and real-time volume bubble visualization in a single framework.
Key Features
1 Volume Profile Grid: Automatically scans the last X bars (adjustable via LookBack) to map horizontal volume bins, highlighting areas where the most volume has been traded.
2 Volume Bubbles: Plots dynamic bubbles at each candle, scaling their size and color based on real-time volume intensity (using standard deviation logic).
2 Liquidity Zones (POC Lines): Detects and marks high-volume clusters (Point of Control zones) with adaptive lines, helping traders anticipate areas of strong support/resistance.
3 High/Low Anchors: Automatically labels the highest high and lowest low in the lookback period to define structural extremes.
4 Gradient-Based Visuals: Uses color gradients to indicate buy-side (bullish) and sell-side (bearish) pressure based on current price action and volume.
How It Works
1. Volume Normalization: Uses 200-period standard deviation to measure whether current volume is small, average, or exceptionally large.
2. Grid Binning: Breaks down the price range into 100 equally spaced bins and accumulates volume for each.
3. Box Plotting: If enabled, volume boxes are drawn where volume clusters exist — visually showing zones of interest.
4. POC Line Drawing: Liquidity levels are drawn over high-volume bins to serve as dynamic SR zones.
5. Bubble Plotting: Displays a volume bubble at each bar based on intensity level, scaling from tiny to huge.
Why Use This Tool?
Helps identify institutional-level liquidity zones before price reacts.
Perfect for Smart Money Concepts (SMC), Volume Profile Analysis, and Order Flow Strategy.
Visually clean and optimized for performance even with high data density.
Fully customizable colors and toggle switches to turn ON/OFF bubbles, profile, and liquidity levels.
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.
t.me/GoldsignalMark804
Join My Telegram
t.me/GoldsignalMark804
Profitable Signals Daily
Join My Telegram
t.me/GoldsignalMark804
Profitable Signals Daily
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.
t.me/GoldsignalMark804
Join My Telegram
t.me/GoldsignalMark804
Profitable Signals Daily
Join My Telegram
t.me/GoldsignalMark804
Profitable Signals Daily
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.