Volume Spike 20%+

This indicator highlights volume spikes that exceed the 20% threshold above the 20-period simple moving average of volume.

🔹 Gray bars: Normal volume
🔹 Green bars: Volume is at least 20% higher than the 20-period average
🔸 Orange line: The 20-period volume moving average

Use case:
This tool helps traders quickly spot abnormal trading activity or increased interest in a stock, which may precede a price breakout or reversal.

Simple, clean, and effective – perfect for momentum, breakout, or volume-based strategies.