OPEN-SOURCE SCRIPT
Volume Table
What it does:
The Volume Table displays a live running list of candle volume directly on your chart. Instead of staring at the volume bars at the bottom of your screen trying to compare them, this table organizes everything cleanly so you can read it in seconds.
It shows 3 columns side by side — your current chart timeframe, plus 2 additional higher timeframes that you set yourself. So if you’re trading on the 5 minute chart you might set the other two to the 1 hour and 4 hour. Now you can see what volume looks like on all three at the same time without ever leaving your chart.
What each column means:
∙ Bar — tells you which candle you’re looking at. NOW is the live candle updating in real time. -1 is the last closed candle, -2 the one before that, and so on
∙ Dir — the direction of that candle. UP means it closed higher than it opened, buyers won. DN means it closed lower than it opened, sellers won
∙ Volume — the actual volume number for that candle, formatted for easy reading (K for thousands, M for millions)
∙ Avg — the 20 candle average volume, sitting at the top of each section so you always have a reference point
What the colors mean:
∙ Green text — that candle was bullish. This means the close price was higher than the open price. The candle started at one price, and by the time it closed buyers had pushed it higher. The volume on that candle was driven by buying pressure. The more volume behind a green candle, the more conviction the buyers had
∙ Red text — that candle was bearish. This means the close price was lower than the open price. The candle started at one price, and by the time it closed sellers had pushed it lower. The volume on that candle was driven by selling pressure. The more volume behind a red candle, the more conviction the sellers had
∙ Gold text — this is the most important one. Gold means the volume on that candle was abnormally high compared to the recent average. Something significant happened. Big players, a news event, a breakout — whatever the cause, that candle had unusual activity behind it
To put it simply — a green candle means the close was above the open. A red candle means the close was below the open. Volume tells you how much activity happened while that battle between buyers and sellers was taking place. High volume means a lot of participants were involved and the move carries more weight. Low volume means fewer participants and the move may not be as reliable.
How to set it up:
1. Add the indicator to your chart
2. Open the settings and set Timeframe 2 and Timeframe 3 to higher timeframes than the one you are currently trading on
3. Adjust the Number of Slots to control how many candles of history you want to see
4. Use the Font Size setting to make the table larger or smaller to fit your screen
5. The Abnormal Volume Multiplier controls how sensitive the gold highlight is — a setting of 2.0 means a candle needs twice the average volume to turn gold. Raise it if you want only the most extreme spikes, lower it if you want it to trigger more often
In summary:
Watch the NOW row. When it turns gold, check the direction. If the close is above the open it means buyers drove that abnormal volume. If the close is below the open it means sellers drove it. When multiple timeframes are showing gold at the same time, pay close attention — the market is telling you something important. This tool will not tell you when to buy or sell, but it will show you where the significant volume is happening and who is in control so you can make a more informed decision.
Disclaimer:
This indicator is for informational and educational purposes only. It does not constitute financial advice, investment advice, or a recommendation to buy or sell any asset. All trading involves risk and you can lose more than you invest. Past performance of any strategy or signal is not indicative of future results. Always do your own research and due diligence before making any trading decisions. Never trade with money you cannot afford to lose. The creator of this tool is not a licensed financial advisor and is not responsible for any losses incurred as a result of using this indicator. Trading decisions are solely your own responsibility.
The Volume Table displays a live running list of candle volume directly on your chart. Instead of staring at the volume bars at the bottom of your screen trying to compare them, this table organizes everything cleanly so you can read it in seconds.
It shows 3 columns side by side — your current chart timeframe, plus 2 additional higher timeframes that you set yourself. So if you’re trading on the 5 minute chart you might set the other two to the 1 hour and 4 hour. Now you can see what volume looks like on all three at the same time without ever leaving your chart.
What each column means:
∙ Bar — tells you which candle you’re looking at. NOW is the live candle updating in real time. -1 is the last closed candle, -2 the one before that, and so on
∙ Dir — the direction of that candle. UP means it closed higher than it opened, buyers won. DN means it closed lower than it opened, sellers won
∙ Volume — the actual volume number for that candle, formatted for easy reading (K for thousands, M for millions)
∙ Avg — the 20 candle average volume, sitting at the top of each section so you always have a reference point
What the colors mean:
∙ Green text — that candle was bullish. This means the close price was higher than the open price. The candle started at one price, and by the time it closed buyers had pushed it higher. The volume on that candle was driven by buying pressure. The more volume behind a green candle, the more conviction the buyers had
∙ Red text — that candle was bearish. This means the close price was lower than the open price. The candle started at one price, and by the time it closed sellers had pushed it lower. The volume on that candle was driven by selling pressure. The more volume behind a red candle, the more conviction the sellers had
∙ Gold text — this is the most important one. Gold means the volume on that candle was abnormally high compared to the recent average. Something significant happened. Big players, a news event, a breakout — whatever the cause, that candle had unusual activity behind it
To put it simply — a green candle means the close was above the open. A red candle means the close was below the open. Volume tells you how much activity happened while that battle between buyers and sellers was taking place. High volume means a lot of participants were involved and the move carries more weight. Low volume means fewer participants and the move may not be as reliable.
How to set it up:
1. Add the indicator to your chart
2. Open the settings and set Timeframe 2 and Timeframe 3 to higher timeframes than the one you are currently trading on
3. Adjust the Number of Slots to control how many candles of history you want to see
4. Use the Font Size setting to make the table larger or smaller to fit your screen
5. The Abnormal Volume Multiplier controls how sensitive the gold highlight is — a setting of 2.0 means a candle needs twice the average volume to turn gold. Raise it if you want only the most extreme spikes, lower it if you want it to trigger more often
In summary:
Watch the NOW row. When it turns gold, check the direction. If the close is above the open it means buyers drove that abnormal volume. If the close is below the open it means sellers drove it. When multiple timeframes are showing gold at the same time, pay close attention — the market is telling you something important. This tool will not tell you when to buy or sell, but it will show you where the significant volume is happening and who is in control so you can make a more informed decision.
Disclaimer:
This indicator is for informational and educational purposes only. It does not constitute financial advice, investment advice, or a recommendation to buy or sell any asset. All trading involves risk and you can lose more than you invest. Past performance of any strategy or signal is not indicative of future results. Always do your own research and due diligence before making any trading decisions. Never trade with money you cannot afford to lose. The creator of this tool is not a licensed financial advisor and is not responsible for any losses incurred as a result of using this indicator. Trading decisions are solely your own responsibility.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.