PROTECTED SOURCE SCRIPT
Updated Quantum J-Smooth x Volume Variance [Chained]

**Title: Quantum J-Smooth x Volume Variance [Chained]**
**Description:**
This indicator is a hybrid trend-following tool that combines Volume Analysis with Advanced Smoothing.
**How it works:**
1. **Volume Math Source:** Instead of using standard candles, this script calculates price based on "Volume Buckets." The price creates a new data point only after a specific amount of volume has traded. This filters out low-volume noise naturally.
2. **J-Smooth Processor:** This "volume-weighted" price is then processed through a Kalman/Hull-style smoothing algorithm (J-Smooth) to produce a clean, responsive trend line.
3. **Lateral Filter:** Includes a built-in filter to detect ranging markets (choppy zones) and avoid false signals.
**Settings:**
* **Volume Bucket Size:** Adjust based on the asset. Lower values (100-500) for Crypto, higher values (10000+) for Forex/Indices.
* **Length/Phase:** Controls the speed and aggressiveness of the trend line.
Release Notes
update inputsRelease Notes
update chartProtected 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.