OPEN-SOURCE SCRIPT
Liquidity Volume Panel
Liquidity Volume Panel โ Precision Tool for Scalpers & Intraday Traders
This panel is designed to help traders quickly identify volume-driven moves, liquidity events, and fair-value zones. It combines classic volume analysis with enhanced tools like RVOL and VWAP deviation bands, making it ideal for scalping, momentum trading, and intraday strategies.
๐ Included Features:
โ Relative Volume (RVOL) Indicator
Displays current volume in relation to its 20-period average โ excellent for spotting low-activity zones or high-pressure breakouts.
โ Dynamic Volume Coloring & Spike Detection
Color-coded volume logic highlights normal, strong, and extremely high volume, with visual markers for volume spikes (>200% of average).
โ VWAP with ยฑ1ฯ & ยฑ2ฯ Bands
Industry-standard deviation bands show overbought/oversold conditions and dynamic support/resistance based on volume-weighted pricing.
โ Background Highlighting
Subtle orange background alerts you when volume surges beyond extreme levels โ making liquidity clusters instantly recognizable.
Usage:
Use this panel as a decision-making tool for entries, reversals, or breakouts โ especially in fast-moving markets.
Best used on lower timeframes for precision scalping.
This panel is designed to help traders quickly identify volume-driven moves, liquidity events, and fair-value zones. It combines classic volume analysis with enhanced tools like RVOL and VWAP deviation bands, making it ideal for scalping, momentum trading, and intraday strategies.
๐ Included Features:
โ Relative Volume (RVOL) Indicator
Displays current volume in relation to its 20-period average โ excellent for spotting low-activity zones or high-pressure breakouts.
โ Dynamic Volume Coloring & Spike Detection
Color-coded volume logic highlights normal, strong, and extremely high volume, with visual markers for volume spikes (>200% of average).
โ VWAP with ยฑ1ฯ & ยฑ2ฯ Bands
Industry-standard deviation bands show overbought/oversold conditions and dynamic support/resistance based on volume-weighted pricing.
โ Background Highlighting
Subtle orange background alerts you when volume surges beyond extreme levels โ making liquidity clusters instantly recognizable.
Usage:
Use this panel as a decision-making tool for entries, reversals, or breakouts โ especially in fast-moving markets.
Best used on lower timeframes for precision scalping.
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 โ 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 โ 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.