PROTECTED SOURCE SCRIPT
Volume Pulse [BreakoutOrFakeout]
Volume Pulse [BreakoutOrFakeout]
What It Is
A beautifully designed volume indicator that transforms standard volume bars into an intelligent, visually stunning analysis tool. It instantly highlights when "smart money" is moving and helps identify real breakouts from fakeouts.
What Makes It Special
Visual Intelligence: Uses gradient color technology that intensifies based on volume strength - weak volume appears transparent while strong volume pops with vibrant colors. You'll literally SEE the difference between retail and institutional activity.
Spike Detection: Automatically identifies and marks unusual volume surges with golden diamond markers - these often precede major price moves.
Dynamic Adaptation: The moving average line intelligently changes opacity based on current volume conditions, creating a living, breathing indicator that responds to market activity.
Real-Time Stats: Floating information panel shows current volume compared to average with percentage changes - no mental math required.
How to Use It
Color Intensity = Volume Strength
Faded bars = Weak volume (potential fakeout)
Solid bars = Strong volume (potential breakout)
Golden Diamonds = Pay Attention
Mark 2x average volume spikes
Often appear at reversal points or breakout confirmations
Blue Line Relationship
Volume above line = Increasing interest
Volume below line = Declining participation
Background Highlights
Subtle yellow glow on extreme volume days
Makes significant days impossible to miss
Perfect For
Confirming breakout validity
Spotting accumulation/distribution
Identifying climax tops/bottoms
Day trading volume patterns
Swing trading entry confirmation
Why Traders Love It
✓ Makes volume analysis actually enjoyable
✓ Clean design reduces chart clutter
✓ Works on all timeframes
✓ No complex settings to figure out
✓ Professional appearance impresses clients
The Bottom Line: It's "just" a volume indicator - but it makes every other volume indicator look outdated. The gradient effect alone will change how you view volume forever.
⚠️ For educational purposes only. Trading involves risk.
What It Is
A beautifully designed volume indicator that transforms standard volume bars into an intelligent, visually stunning analysis tool. It instantly highlights when "smart money" is moving and helps identify real breakouts from fakeouts.
What Makes It Special
Visual Intelligence: Uses gradient color technology that intensifies based on volume strength - weak volume appears transparent while strong volume pops with vibrant colors. You'll literally SEE the difference between retail and institutional activity.
Spike Detection: Automatically identifies and marks unusual volume surges with golden diamond markers - these often precede major price moves.
Dynamic Adaptation: The moving average line intelligently changes opacity based on current volume conditions, creating a living, breathing indicator that responds to market activity.
Real-Time Stats: Floating information panel shows current volume compared to average with percentage changes - no mental math required.
How to Use It
Color Intensity = Volume Strength
Faded bars = Weak volume (potential fakeout)
Solid bars = Strong volume (potential breakout)
Golden Diamonds = Pay Attention
Mark 2x average volume spikes
Often appear at reversal points or breakout confirmations
Blue Line Relationship
Volume above line = Increasing interest
Volume below line = Declining participation
Background Highlights
Subtle yellow glow on extreme volume days
Makes significant days impossible to miss
Perfect For
Confirming breakout validity
Spotting accumulation/distribution
Identifying climax tops/bottoms
Day trading volume patterns
Swing trading entry confirmation
Why Traders Love It
✓ Makes volume analysis actually enjoyable
✓ Clean design reduces chart clutter
✓ Works on all timeframes
✓ No complex settings to figure out
✓ Professional appearance impresses clients
The Bottom Line: It's "just" a volume indicator - but it makes every other volume indicator look outdated. The gradient effect alone will change how you view volume forever.
⚠️ For educational purposes only. Trading involves risk.
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.