NixTrading Volume Spikes — Indicator by Nickonomics

volumestudies nix super55 nixtrading bars

Nix Volume Spike (NixVS) is a volume-based indicator that detects high volume spikes and colors corresponding bars. There are two types of such bars: reversal and continuation. It is up to the trader to decide which is which based on market conditions (maturity of the trend, overbought/oversold etc). Best used with margin zones. This indicator is private.

Coded by super55

Release Notes:

Updated version of NixVS indicator includes alert functionality. Once set, you will get notified every time a Yellow bar emerges on selected timeframe(s).
Stop wasting your time staring at charts, anxious to miss out. Take advantage of NixVS alerts to know exactly when money pours in the market and act on it!

Telegram: t.me/NixTrading
Service: NixService.net

Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact Nickonomics for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases you can find a good open-source alternative for free in our Community Scripts.

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.

Want to use this script on a chart?

Warning: please read before requesting access.