Highvolumenode — Indicators and Strategies

LVN/HVN Auto Detection [PhenLabs]📊 PhenLabs - LVN/HVN Auto Detection Version: PineScript™ v6 📌 Description The PhenLabs LVN/HVN Auto Detection indicator is an advanced volume profile analysis tool that automatically identifies Low Volume Nodes (LVN) and High Volume Nodes (HVN) across multiple trading sessions. This sophisticated indicator analyzes volume distribution patterns to pinpoint critical support and resistance levels where price is likely to react, providing traders with high-probability zones for entries, exits, and risk management. Unlike traditional volume indicators that only show current activity, this tool builds comprehensive volume profiles from historical sessions and intelligently filters the most significant levels. It combines real-time volume analysis with dynamic level detection, offering both visual bubbles for immediate volume activity and persistent horizontal lines that act as ongoing support/resistance references. 🚀 Points of Innovation Multi-Session Volume Profile Analysis - Automatically calculates and analyzes volume profiles across the last 5 trading sessions Intelligent Level Separation Logic - Prevents overlapping signals by maintaining minimum separation between LVN and HVN levels Dynamic Timeframe Adaptation - Automatically adjusts session lengths based on chart timeframe for optimal level detection Real-Time Activity Bubbles - Shows volume activity strength through different bubble sizes at key levels Persistent Line Management - Creates horizontal lines that extend until price crosses them, providing ongoing reference points Dual Threshold System - Independent percentage-based thresholds for both LVN and HVN identification 🔧 Core Components Volume Profile Engine : Builds 20-row volume profiles for each analyzed session, distributing volume across price levels Level Identification Algorithm : Uses percentage-based thresholds to classify volume distribution patterns Separation Logic : Ensures minimum distance between conflicting levels, prioritizing HVN when overlap occurs Line Management System : Tracks active support/resistance lines and removes them when price crosses through Volume Activity Monitor : Compares current volume to 13-period moving average for activity classification 🔥 Key Features Customizable Thresholds : LVN threshold (5-35%, default 20%) and HVN threshold (65-95%, default 80%) for precise level filtering Volume Activity Multiplier : Adjustable volume threshold (0.5+, default 1.5) for bubble and line creation sensitivity Flexible Display Modes : Choose between Lines only, Bubbles only, or Both for optimal chart clarity Smart Level Separation : Minimum separation percentage (0.1-2%, default 0.5%) prevents conflicting signals Color Customization : Independent color controls for LVN (red) and HVN (blue) elements Performance Optimization : Processes every 15 bars with maximum 500 active lines for smooth operation 🎨 Visualization Colored Bubbles : Three sizes (large, medium, small) indicate volume activity strength at key levels Horizontal Lines : Persistent support/resistance lines with width corresponding to volume activity Dual Color System : Semi-transparent red for LVN areas, semi-transparent blue for HVN zones Information Tooltip : Optional table showing usage guidelines and optimization tips 📖 Usage Guidelines Volume Thresholds LVN Threshold ○ Default: 20.0% ○ Range: 5.0-35.0% ○ Description: Price levels with volume below this percentage are marked as LVNs. Lower values create fewer, more significant levels. Typical range 15-25% works for most instruments. HVN Threshold ○ Default: 80.0% ○ Range: 65.0-95.0% ○ Description: Price levels with volume above this percentage are marked as HVNs. Higher values create fewer, stronger levels. Range 75-85% is optimal for most trading. Display Controls Volume Threshold ○ Default: 1.5 ○ Range: 0.5+ ○ Description: Multiplier for volume significance (High=2+threshold, Medium=1+threshold, Low=0+threshold). Higher values require more volume for signals. ✅ Best Use Cases Swing Trading : Identify key levels for position entries and exits over multiple days Scalping : Use bubbles for immediate volume activity confirmation at critical levels Risk Management : Place stops beyond LVN levels where price moves quickly Breakout Trading : Monitor HVN levels for potential breakout or rejection scenarios Multi-Timeframe Analysis : Combine with higher timeframe levels for confluence ⚠️ Limitations Timeframe Sensitivity : Lower timeframes may produce too many levels; higher timeframes recommended for cleaner signals Volume Data Dependency : Accuracy depends on reliable volume data from your data provider Historical Analysis : Uses past volume data which may not predict future price behavior Performance Impact : High number of active lines may affect chart performance on slower devices 💡 What Makes This Unique Automated Session Analysis : No manual drawing required - automatically analyzes multiple sessions Intelligent Filtering : Advanced separation logic prevents overlapping and conflicting signals Adaptive Processing : Adjusts to different timeframes automatically for optimal level detection Dual Visualization System : Combines persistent lines with real-time activity indicators 🔬 How It Works 1. Volume Profile Construction : Analyzes the last 5 trading sessions with dynamic session length based on timeframe Divides each session’s price range into 20 equal levels for volume distribution analysis 2. Level Classification : Calculates volume percentage at each price level relative to session maximum Identifies LVN levels below threshold and HVN levels above threshold 3. Signal Generation : Creates bubbles when volume activity exceeds thresholds at identified levels Draws horizontal lines that persist until price crosses through them 💡 Note : For optimal results, increase your chart timeframe if you see too many levels. The indicator performs best on 15-minute and higher timeframes where volume patterns are more meaningful and less noisy.

Volume Profile [TFO]This indicator generates Volume Profiles from which to display insights about recent Volume Points of Control and High Volume Nodes. Volume Profile is a way to view trading volume by the price where trades have occurred, rather than the time when they occur (as seen by traditional Volume indicators). By selecting a Resolution Timeframe (1m in this example), we can aggregate the volume at different prices to build a Volume Profile for a specified Profile Timeframe (1D in this example). In this indicator, we make the simple assumption that a given candle's volume is distributed evenly across all points. Realistically, this is seldom the case, but it gives us a starting point to easily estimate the volume at a given price, in turn helping us to build our profiles in a trivial way. If we do this for all Resolution Timeframe candles within a Profile Timeframe (all 1m candles in a single 1D candle, in this example), then we can successfully aggregate this data and build a full Volume Profile. And thankfully, Pine Script's new polyline feature ultimately allow us to keep more Volume Profiles on our charts. Before polylines, we would have to consider using lines or boxes to represent the individual levels within a given profile, and each script currently has a cap of 500 lines and boxes, respectively. However, one single polyline can be used to draw the complex shape of an entire profile, and we may show up to 100 polylines in a given script. This helps us keep a lot more data on our charts! Compared to TradingView's Session Volume Profile indicator (blue/yellow), we can see that our indicator (grey) is nearly identical, which verifies that our assumption of a uniform volume distribution is enough to roughly estimate a given Volume Profile. Note in this example the Row Size was set to 200, meaning that 200 levels are used to approximate profiles from each session's high to its low. Show VPOC will show the volume point of control of each profile, which represents the price level where the largest amount of volume was traded for a given profile. This is shown with the red lines in the following chart. Extend Last N VPOCs will look for the most recent, user-defined number of VPOCs (not including the current session's VPOC that's still developing) and extend them to the right of the chart as points of reference. The Show Labels Above option will annotate each VPOC with its respective date above a specified timeframe. This way, if one was using Volume Profiles on intraday timeframes, there wouldn't need to be several date strings all showing the same day. Show Previous HVNs will show high volume nodes from the previous session. The HVN Strength setting is similar to a "pivot strength" that I use in a lot of my scripts - essentially, HVNs are validated by treating them as local highs. With a HVN Strength of 10 for example, if a given level contains more volume than the 10 levels above and below it, then it is validated as a HVN. For a cleaner look and feel, HVNs can instead be shown as levels (lines) instead of areas (boxes). With levels enabled, solid lines denote the previous session's VPOC, and dotted lines represent all other HVNs. With areas enabled instead, the tops and bottoms will extend above/below the HVN level until a point with greater volume is discovered (marking the "end" of the node). This indicator can be computationally intensive and may crash from taking too long to execute. In these cases, it's best to disable unused features, decrease the number of Rows, and/or simply reload the chart until it populates.

Historic Volume/Market Profiles Historic Volume/Market Profile is a Periodic Volume Profile with all of the improvements known in the original Volume/Market Profile. VMP is a 2 in 1 Volume and Market Profile Indicator. HVMP uses the base of VMP to offer a quick and simple view at multiple historic profiles at the same time. This includes: Cluster Identification for High Volume and Low Volume Areas. Maximizing granularity by utilizing boxes and lines to get up to 1000 rows. New Inclusions in HVMP vs VMP: HVMP granularity is determined by the # of profiles on display. By doing this, each profile will get an even amount of allocated rows to use and granularity is scaled per-profile, to fit within the row allowance. For Example: 1000/(# of profiles) = Maximum # of rows per profile. HVMP introduces the "Auto-Scale" Option (on by Default), this automatically fits each profile within the defined timeframe period to provide a consistent display when switching timeframes. Even with "Auto-Scale" enabled, "Display Size" dictates which direction the profile is displayed. Below is a Negative Display Size (Displays from right to left, starting at the end of the period) Below is a Positive Display Size (Displays from left to right, starting at the beginning of the period) HVMP is only for historical data, you can get a live profile with the same Node Identification using VMP (Volume Market/Profile). The indicator that this one is based on. Find it Here: Volume/Market Profile Enjoy!

Volume Orderbook (Expo)█ Overview The Volume Orderbook indicator is a volume analysis tool that visually resembles an order book. It's used for displaying trading volume data in a way that may be easier to interpret or more intuitive for certain traders, especially those familiar with order book analysis. This indicator aggregate and display the total trading volume at different price levels over the entire range of data available on the chart, similar to how an order book displays current buy and sell orders at different price levels. However, unlike a real-time order book, it only considers historical trading data, not current bid and ask orders. This provides a 'historical order book' of sorts, indicating where most trading activities have taken place. Summary This is a volume-based indicator that shows the volume traded at specific price levels, highlighting areas of high and low activity. █ Calculations The algorithm operates by calculating the cumulative volume traded in each specific price zone within the range of data displayed on the chart. The length of each horizontal bar corresponds to the total volume of trades that occurred within that particular price zone. In essence, when the price is in a specific zone, the volume is added to the bar representing that zone. A thicker bar implies a larger price zone, meaning that more volume is accumulated within that bar. Therefore, the thickness of the bar visually indicates the amount of trading activity that took place within the associated price zone. █ How to use The Volume Orderbook indicator serves as a beneficial tool for traders by identifying key price levels with a significant amount of trading activity. These high-volume areas could represent potential support or resistance levels due to the large number of orders situated there. The indicator's ability to spotlight these zones might be particularly advantageous in pinpointing breakouts or breakdowns when prices move beyond these high-volume regions. Moreover, the indicator could also assist traders in recognizing anomalies, such as when an unusually large volume of trades occurs at unconventional price levels. Identify Key Price Levels: The indicator highlights high-volume areas where a significant number of trades have occurred, which could act as potential support or resistance levels. This is based on the notion that many traders have established positions at these prices, so these levels may serve as significant areas for market activity in the future. Volume Nodes: These are the peaks (high-volume areas) and troughs (low-volume areas) seen on the indicator. High-volume nodes represent price levels at which a large amount of volume has been traded, typically areas of strong support or resistance. Conversely, low-volume nodes, where very little volume has been traded, indicate price levels that traders have shown little interest in the past and could potentially act as barriers to price. It's important to note that while high trading volume can imply significant market interest, it doesn't always mean the price will stop or reverse at these levels. Sometimes, prices can quickly move through high-volume areas if there are no current orders (demand) to match with the new orders (supply). Analyze Market Psychology: The distribution of volume across different price levels can provide insights into the market's psychology, revealing the balance of power between buyers and sellers. Highlight Potential Reversal Points: The indicator can help identify price levels with high traded volume where the market might be more likely to reverse since these levels have previously attracted significant interest from traders. Validate Breakouts or Breakdowns: If the price moves convincingly past a high-volume node, it could indicate a strong trend, suggesting a potential breakout or breakdown. Conversely, if the price struggles to move past a high-volume node, it could suggest that the trend is weak and might potentially reverse. Trade Reversals: High-volume areas could also indicate potential turning points in the market. If the price reaches these levels and then starts to move away, it might suggest a possible price reversal. Confirm Other Signals: As with all technical indicators, the "Volume Orderbook" should ideally be used in conjunction with other forms of technical and fundamental analysis to confirm signals and increase the odds of successful trades. Summary The Volume Orderbook indicator allows traders to identify key price levels, analyze market psychology, highlight potential reversal points, validate breakouts or breakdowns, confirm other trading signals, and anticipate possible trade reversals, thereby serving as a robust tool for trading analysis. █ Settings Source: The user can select the source, the default of which is "close." This implies that volume is added to the volume order book when the closing price falls within a specific zone. Users can modify this to any indicator present on their chart. For example, if it's set to an SMA (Simple Moving Average) of 20, the volume will be added to the volume order book when the SMA 20 falls within the specific zone. Rows and width: These settings allow users to adjust the representation of volume order book zones. "ROWS" pertains to the number of volume order book zones displayed, while "WIDTH" refers to the breadth of each zone. Table and Grid: These settings allow traders to customize the Volume order-book's position and appearance. By adjusting the "left" parameter, users can shift the position of the Volume order book on the chart; a higher value pushes the order book further to the right. Additionally, users can enable "Table Border" and "Table Grid" options to add gridlines or borders to the Volume order book for easier viewing and interpretation. ----------------- Disclaimer The information contained in my Scripts/Indicators/Ideas/Algos/Systems does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. My Scripts/Indicators/Ideas/Algos/Systems are only for educational purposes!