OPEN-SOURCE SCRIPT
ZenScalper Volume Surge Overlay

ZenScalper Volume Surge Overlay highlights unusual volume activity directly on the price chart by comparing current volume to a moving average of volume.
Features:
• Detects volume spikes relative to average volume.
• Displays labels above candles showing the strength of the surge:
2x = Volume is at least 2 times average
3x = Volume is at least 3 times average
4x = Volume is at least 4 times average
5x+ = Extreme volume expansion
• Helps identify potential breakout candles, liquidation events, reversals, institutional participation, and key reaction points.
• Designed to work alongside price action, VWAP, EMA, support/resistance, and market structure analysis.
Inputs:
Volume SMA Length: Defines the average volume baseline.
Label Size: Adjusts marker visibility.
Surge Thresholds: Customize the minimum multiples required for each label level.
This indicator does not generate buy or sell signals. It is intended as a volume confirmation tool to help traders quickly identify candles receiving significantly more participation than normal.
Best used in conjunction with trend, momentum, and price action analysis.
Features:
• Detects volume spikes relative to average volume.
• Displays labels above candles showing the strength of the surge:
2x = Volume is at least 2 times average
3x = Volume is at least 3 times average
4x = Volume is at least 4 times average
5x+ = Extreme volume expansion
• Helps identify potential breakout candles, liquidation events, reversals, institutional participation, and key reaction points.
• Designed to work alongside price action, VWAP, EMA, support/resistance, and market structure analysis.
Inputs:
Volume SMA Length: Defines the average volume baseline.
Label Size: Adjusts marker visibility.
Surge Thresholds: Customize the minimum multiples required for each label level.
This indicator does not generate buy or sell signals. It is intended as a volume confirmation tool to help traders quickly identify candles receiving significantly more participation than normal.
Best used in conjunction with trend, momentum, and price action analysis.
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免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
开源脚本
秉承TradingView的精神,该脚本的作者将其开源,以便交易者可以查看和验证其功能。向作者致敬!您可以免费使用该脚本,但请记住,重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。