Volumestudy — Indicators and Strategies

ADR, ATR & VOL Overlay This is a combined version of 2 of my other indicators: ADR / ATR Overlay VOL / AVG Overlay This indicator will display the following as an overlay on your chart: ADR % of ADR ADR % of Price ATR % of ATR ATR % of Price Custom Session Volume Average For Selected Session Volume Percentage Comparison Description: ADR : Average Day Range % of ADR : Percentage that the current price move has covered its average. ADR % of Price : The percentage move implied by the average range. ATR : Average True Range % of ATR : Percentage that the current price move has covered its average. ATR % of Price : The percentage move implied by the average true range. Custom Session Volume : User chosen time frame to monitor volume Average For Selected Session : Average for the custom session volume Volume Percentage Comparison : Current session compared to the average (calculated at session close) Options: ADR/ATR: Time Frame Length Smoothing Volume: Set Custom Time Frame For Calculations Set Custom Time Frame For Average Comparison Set Custom Time Zone Table: Enable / Disable Each Value Change Text Color Change Background Color Change Table location Add/Remove extra row for placement ADR / ATR Example: The ADR and ATR can be used to provide information about average price moves to help set targets, stop losses, entries and exits based on the potential average moves. Example: If the "% of ADR" is reading 100%, then 100% of the asset's average price range has been covered, suggesting that an additional move beyond the range has a lower probability. Example: "ADR % of Price" provides potential price movement in percentage which can be used to asses R/R for asset. Example: ADR (D) reading is 100% at market close but ATR (D) is at 70% at close. This suggests that there is a potential (coverage) move of 30% in Pre/Post market as suggested by averages. Custom Volume Session Example: Set indicator to 30 period average. Set custom time frame to 9:30am to 10:30am Eastern/New York. When the time frame for the calculation is closed, the indicator will provide a comparison of the current days volume compared to the average of 30 previous days for that same time frame and display it as a percentage in the table. In this example you could compare how the first hour of the trading day compares to the previous 30 day's average, aiding in evaluating the potential volume for the remainder of the day. Notes: Times must be entered in 24 hour format. (1pm = 13:00 etc.) Volume indicator is for Intra-day time frames, not > Day. How I use these values: I use these calculations to determine if a ticker symbol has the necessary range to achieve target gains, to determine if the price oscillation is within "normal" ranges to determine if the trading day will be choppy, and to determine placement of stops and targets within average ranges in combination with support, resistance and retracement levels.

Volume Sentiment Pro (NTY88)Volume Sentiment Edge: Smart Volume & RSI Trading System Description: Unlock the power of volume-driven market psychology combined with precision RSI analysis! This professional-grade indicator identifies high-probability trading opportunities through: 🔥 Key Features 1. Smart Volume Spike Detection Auto-detects abnormal volume activity with adaptive threshold Clear spike labels & multi-timeframe confirmation RSI-Powered Sentiment Analysis Real-time Bullish/Bearish signals based on RSI extremes Combined volume-RSI scoring system (Strong Bull/Bear alerts) 2. Professional Dashboard Instant sentiment status table (bottom-right) Color-coded momentum strength visualization Customizable themes for all chart styles 3. Institutional-Grade Tools HTF (Daily/Weekly) volume confirmation EMA trend-filtered momentum signals Spike-to-Threshold ratio monitoring 4. Trade-Ready Alerts Pre-configured "Bullish Setup" (Spike + Oversold RSI) "Bearish Setup" (Spike + Overbought RSI) Why Traders Love This: ✅ Real-Time Visual Alerts - SPIKE markers above bars + table updates ✅ Adaptive Thresholds - Self-adjusting to market volatility ✅ Multi-Timeframe Verification - Avoid false signals with HTF confirmation ✅ Customizable UI - 10+ color settings for perfect chart integration Usage Scenarios: Day Traders: Catch volume surges during key sessions Swing Traders: Confirm reversals with RSI extremes All Markets: Works equally well on stocks, forex & crypto Confirmation Tool: Combine with your existing strategy Sample Setup: "Enter long when: 5. RED SPIKE label appears Table shows 'Oversold RSI' Momentum status turns 'Bullish' Volume exceeds daily average (Confirmed)" 📈 Try Risk-Free Today! Perfect for traders who want: Clean, non-repainting signals Institutional-level volume analysis Professional visual feedback Customizable trading rules ⚠️ Important: Works best on 15m-4h timeframes. Combine with price action for maximum effectiveness. 📜 Legal Disclaimer By using this indicator, you agree to the following terms: Not Financial Advice This tool provides technical analysis only. It does NOT constitute investment advice, financial guidance, or solicitation to trade. High Risk Warning Trading financial instruments carries substantial risk. Past performance ≠ future results. Never risk capital you cannot afford to lose. No Guarantees Signals are based on historical data and mathematical models. Market conditions may change rapidly, rendering previous patterns ineffective. User Responsibility You alone bear 100% responsibility for trading decisions. We expressly disclaim liability for any profit/loss resulting from this tool's use. Professional Consultation Always consult a licensed financial advisor before taking positions. This tool should NEVER be used as sole decision-making criteria. Educational Purpose This indicator is provided "as is" for informational/educational use only. No representation is made about its accuracy or completeness. Third-Party Data We do not verify exchange data accuracy. Use signals at your own discretion after independent verification.

FunkyQuokka's $ Volume 💡 Why $ Volume Matters Share volume alone is a half-truth — 1M shares traded at $5 isn’t the same as 1M shares at $500. That’s where dollar volume steps in, offering a far more accurate view of institutional interest, breakout validity, liquidity zones and overall trader conviction. 📈 Features: Clean histogram of dollar volume (close × volume) Orange line showing customizable average $ volume K/M/B formatting for axis scale (no huge ugly numbers) Minimal design to blend into a multi-pane layout ⚙️ Inputs: Tweakable average length – defaults to 20 By FunkyQuokka 🦘

High Volume Candles Detector - Open Source Code Greetings, fellow traders! Throughout my trading career, I've been intrigued by the dynamic interplay between candlestick patterns and trading volume. This fascination led me to develop an open-source indicator to help illuminate these patterns for the broader trading community. Upon researching the Public Library, I found that many indicators relating to candlestick/volume analysis are proprietary and not open-source. This discovery further fueled my commitment to contribute a free, accessible tool that traders of all levels can utilize in their technical analysis. Thus, I am excited to present to you our High Volume Bars Indicator. A unique tool that I believe fills a gap in the Public Library. I truly hope you find it beneficial in your trading journey and that it empowers you to make more informed decisions. Description: The High Volume Bars Detector is designed to help traders identify bars with significantly higher volume than the average. Users can filter in the settings menu: 1) The length of the Simple Moving Average (SMA) for volume, allowing you to define the average volume over a specific number of bars. 2) The Volume Multiplier, a factor that determines how much greater the volume of a bar should be compared to the SMA to qualify as a high-volume bar. 3) The Lookback Period, a specified number of candles used as a comparative benchmark for identifying the highest volume. 4) If the Volume bar is green or red, so if the candle price is --> close > open or open > close Examples to better understand the logic of the indicator: 1) Length of the Simple Moving Average (SMA) for Volume: This setting allows you to define the average volume over a specific number of bars. For instance, if you set the SMA length to 20, the indicator will calculate the average volume of the past 20 bars and use it as a baseline to identify high volume bars. 2) Volume Multiplier: This is a critical factor that determines the threshold for what constitutes a high-volume bar. If you set the volume multiplier to 2.0, for example, the indicator will flag any bar where the volume is twice the value of the SMA volume as a high-volume bar. 3) Lookback Period: This setting lets you specify the number of candles that the indicator should consider when determining the highest volume. For instance, if the lookback period is set to 14, the indicator will compare the volume of the current bar with the volumes of the previous 14 bars. If the current bar's volume is the highest, it will be flagged. 4) Volume Bar Color: This filter helps you identify whether a high-volume bar is bullish or bearish. If the bar is green (close > open), it suggests buyers were dominant during that period. If the bar is red (open > close), it suggests sellers had the upper hand. By setting this filter, you can choose to focus on high volume bars that are either bullish (green) or bearish (red) or both, depending on your trading strategy. Remember, these filters offer a level of customization that allows you to tailor the High Volume Bars Detector to your unique trading style and requirements. Always remember to adapt these settings to align with your overall trading plan and risk tolerance. Keep attention! It is important to note that no trading indicator or strategy is foolproof, and there is always a risk of losses in trading. While this indicator may provide useful information for making conclusions, it should not be used as the sole basis for making trading decisions. Traders should always use proper risk management techniques and consider multiple factors when making trading decisions. Support me:) If you find this new indicator helpful in your trading analysis, I would greatly appreciate your support! Please consider giving it a like, leaving feedback, or sharing it with your trading network. Your engagement will not only help me improve this tool but will also help other traders discover it and benefit from its features. Thank you for your support!