OPEN-SOURCE SCRIPT
Volume Bomb
I am republishing to use a clean chart. Previous one had too much of a mess. Idea for TradingView: Please allow us to change out the charts after publishing.
I like to know when volume spikes (only when it spikes). I am not interested in seeing the rest of the volume bars. I created this indicator to show me when it explodes (i.e. the name "Volume Bomb" , plus it sounds cool).
This indicator only shows you when volume exceeds the EMA of volume by whatever multiplier you set.
Default settings are the current volume with 10 EMA. Yellow arrowup will appear when volume is at 1.5x the 10 EMA.
Adjust it to your liking and particular stock.
I like to know when volume spikes (only when it spikes). I am not interested in seeing the rest of the volume bars. I created this indicator to show me when it explodes (i.e. the name "Volume Bomb" , plus it sounds cool).
This indicator only shows you when volume exceeds the EMA of volume by whatever multiplier you set.
Default settings are the current volume with 10 EMA. Yellow arrowup will appear when volume is at 1.5x the 10 EMA.
Adjust it to your liking and particular stock.
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.