OPEN-SOURCE SCRIPT

VOLKDW!

167
This indicator displays real-time trading volume to help identify institutional participation, momentum strength, and potential reversals.

Volume bars expand during periods of high market interest, often confirming breakouts, trend continuations, and high-probability entries. Contracting volume can signal exhaustion, consolidation, or weakening trends.

How to Use:

Rising price + rising volume → strong trend confirmation

Rising price + falling volume → possible divergence or fake breakout

High volume spikes → institutional activity or key decision points

Low volume zones → chop, consolidation, or no-trade environments

Best used alongside price action, support/resistance, ORB, and market structure for confirmation—not as a standalone signal.

💣 Volume Pressure Indicator – Description (Aggressive / Trader Style)

This indicator tracks raw volume pressure to expose where real money steps in.

Explosive volume bars often mark:

Breakouts that actually matter

Stop runs

Reversal traps

Trend continuation fuel

When price moves without volume, it’s usually fake.
When volume expands, something real is happening.

Trading Logic:

Volume spike + breakout = high-conviction move

Volume spike + rejection = reversal / fade setup

Weak volume = sit on hands

Climax volume = trend exhaustion warning

Designed to keep you out of dead markets and in sync with momentum.

คำจำกัดสิทธิ์ความรับผิดชอบ

ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน