PROTECTED SOURCE SCRIPT
Advanced Volume Analysis Pro
Advanced Volume Analysis Pro is a comprehensive volume indicator that goes beyond traditional volume bars by intelligently analyzing buying and selling pressure, detecting institutional activity, and providing real-time volume metrics.
Smart Buy/Sell Pressure Detection
Institutional Volume Identification - Automatically highlights extreme volume spikes with distinctive colors (Teal for bullish, Deep Pink for bearish) Adjustable
Relative Volume (RVOL) Dashboard
Multiple MA Types - Choose from SMA, EMA, or WMA for volume moving average calculation
Use Cases:
1. Breakout Confirmation
2. Reversal Detection
Extreme volume spikes (teal or pink bars) often signal exhaustion or capitulation.
3. Trend Strength Assessment
Monitor the volume bars during trends.
4. Support/Resistance Testing
When price approaches key levels, watch for institutional volume. High RVOL (2x+
5. Divergence Analysis
Compare volume trends with price action. Rising prices with declining volume (more gray bars) creates bearish divergence. Falling prices with increasing volume suggests accumulation and potential bullish reversal.
6.Smart Money Tracking
Institutional players move markets. This indicator highlights their activity in real-time, allowing retail traders to follow "smart money" instead of fighting against it.
Lets get it!!
Smart Buy/Sell Pressure Detection
Institutional Volume Identification - Automatically highlights extreme volume spikes with distinctive colors (Teal for bullish, Deep Pink for bearish) Adjustable
Relative Volume (RVOL) Dashboard
Multiple MA Types - Choose from SMA, EMA, or WMA for volume moving average calculation
Use Cases:
1. Breakout Confirmation
2. Reversal Detection
Extreme volume spikes (teal or pink bars) often signal exhaustion or capitulation.
3. Trend Strength Assessment
Monitor the volume bars during trends.
4. Support/Resistance Testing
When price approaches key levels, watch for institutional volume. High RVOL (2x+
5. Divergence Analysis
Compare volume trends with price action. Rising prices with declining volume (more gray bars) creates bearish divergence. Falling prices with increasing volume suggests accumulation and potential bullish reversal.
6.Smart Money Tracking
Institutional players move markets. This indicator highlights their activity in real-time, allowing retail traders to follow "smart money" instead of fighting against it.
Lets get it!!
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – 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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – 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.