OPEN-SOURCE SCRIPT
Volume Anomaly Detector
Volume Anomaly Detector
A standalone volume-panel indicator designed to flag unusually high volume relative to recent average activity.
Core Logic
Automatically calculates a "weekly average volume" baseline, with built-in auto-detection of how many bars occur per day and per week across different symbols/timeframes — so the baseline stays meaningful when you switch instruments or chart intervals, with no manual reconfiguration needed
When real-time volume exceeds a configurable multiple of the average, it's flagged as abnormal volume, with color-coding to distinguish anomalies (red) from normal activity (light yellow)
Visual Output
Displays the volume histogram, weekly average volume line, and the anomaly threshold line together, making it easy to see where current volume stands relative to its recent baseline at a glance
Usage Notes: Useful for identifying moments where price movement may be backed by significant capital flow. It's recommended to combine this with price structure or other indicators for confirmation — abnormal volume alone does not indicate direction, and should be interpreted alongside the bar's closing position or subsequent price reaction.
Disclaimer: This indicator's output is based purely on statistical analysis of historical volume data. It does not constitute trading advice, and past performance does not guarantee future results. Please assess your own risk and trade responsibly.
A standalone volume-panel indicator designed to flag unusually high volume relative to recent average activity.
Core Logic
Automatically calculates a "weekly average volume" baseline, with built-in auto-detection of how many bars occur per day and per week across different symbols/timeframes — so the baseline stays meaningful when you switch instruments or chart intervals, with no manual reconfiguration needed
When real-time volume exceeds a configurable multiple of the average, it's flagged as abnormal volume, with color-coding to distinguish anomalies (red) from normal activity (light yellow)
Visual Output
Displays the volume histogram, weekly average volume line, and the anomaly threshold line together, making it easy to see where current volume stands relative to its recent baseline at a glance
Usage Notes: Useful for identifying moments where price movement may be backed by significant capital flow. It's recommended to combine this with price structure or other indicators for confirmation — abnormal volume alone does not indicate direction, and should be interpreted alongside the bar's closing position or subsequent price reaction.
Disclaimer: This indicator's output is based purely on statistical analysis of historical volume data. It does not constitute trading advice, and past performance does not guarantee future results. Please assess your own risk and trade responsibly.
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.