Volume Alert
๐ Description: Volume Alert Indicator
This indicator helps traders identify abnormal or high-volume activity in real time, which can often signal strong market moves, breakouts, or the presence of institutional traders.
๐ Features
๐ Volume Plot: Displays raw volume data as column bars.
๐จ Custom Threshold Alert: Set your own volume threshold to get alerts when volume exceeds a fixed number.
๐ Volume Spike Alert (Optional): Dynamically detects spikes when current volume exceeds a multiple of the average volume over a lookback period.
๐ Real-Time Alerts: Get alerted via TradingView's alert system when volume conditions are met.
๐ง Visual Markers: Plots shape markers above bars to highlight where volume exceeded your criteria.
โ๏ธ Use Cases:
Spot breakout candles backed by strong volume.
Detect unusual activity during quiet markets.
Confirm entries or exits with volume confirmation.
Use in combination with other indicators (price action, Supertrend, RSI, etc.)
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 GoCharting. Read more in the Terms of Use.
โ Related Scripts
Comments (5)
Loading commentsโฆ
