SuperJump

Volume Z-Score [SuperJump]

SuperJump Updated   
Hello Guys.
I'm very very happy to release a new indicator after a really long time

The reason I created this indicator is, we often forget the importance of volume.

Volume is a signal of the start of a strong trend, and a very good example of how long a trend can continue.

Why do we forget the importance of trading volume?
Right, because we use a timeframe that is too small,
Most of the time we trade, the candles are largely free of volatility and low in volume.

So if we forget to check volume sometimes, no problem.

But when trading on a big trend, we can't ignore it.

I hope this volume indicator made using Z-Score will help you.

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People sometimes call us gamblers.
They even accuse us of being unnecessary for the things we study with passion.

But I believe, we can definitely find a good meaning.
Release Notes:
Add 1 steps for Z-Score Color.
Add bool option for display volume value.
Release Notes:
Add "Alert Z-score"
If the Z-Score of the current volume is higher than the "Alert Z-Score", an alarm occurs.

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

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