OPEN-SOURCE SCRIPT
已更新 DVOL/(UVOL+DVOL) 5min INTRADAY
Overview:
This indicator tracks broad US market volume breadth in real-time to identify extreme intraday volume imbalances. By comparing Down Volume (USI:DVOL) against total volume (UVOL + DVOL) on a 5-minute timeframe, it pinpoints moments of aggressive market-wide buying and selling pressure that often signal intraday exhaustion points, reversals, or momentum continuation.
How It Works
The script calculates the ratio of declining volume against total market volume on every 5-minute candle:
Down Volume Ratio = DVOL / (UVOL+DVOL)
Extreme Down-Volume / Selling Pressure >= 89.9%
Triggers when down volume accounts for 89.9% or more of all traded volume across US markets. This often marks extreme panic selling or capitulation.
Extreme Up-Volume / Buying Pressure <= 9.9%
Triggers when down volume is under 10 (meaning Up Volume is 90%+).This marks broad-based market buying frenzies.
🟠 Orange Triangle (Below Bar) — Single High Threshold:
First occurrence of extreme market selling volume (≥89.9)
🟣 Purple Triangle (Below Bar) — Repeated High Threshold:
Extreme selling volume triggered when the condition has already appeared 2 or more times over the past 3 days (clustered selling pressure).
🔵 Blue Triangle (Above Bar) — Single Low Threshold:
First occurrence of extreme market buying volume (≤9.9%)
🟡 Yellow Triangle (Above Bar) — Repeated Low Threshold:
Extreme buying volume triggered when the condition has appeared 2 or more times over the past 3 days (clustered buying pressure).
Built-in Webhook & JSON Alerts
Whenever any single or repeated volume threshold is met, the indicator triggers a ready-to-use JSON alert payload (firing once per bar):
JSON:
{"text": "Trading Signal: Intraday SCALPING ONLY Short-Term trade SPY Triggered at [Price] Ticker [Ticker] Chart [Timeframe]"}
This is ideal for automated execution, Discord/Telegram webhooks, or alert routing.
This is designed specifically for
SPY , SP500 indices , ES_F1! on a intraday timeframe and for intraday trading only.
This indicator tracks broad US market volume breadth in real-time to identify extreme intraday volume imbalances. By comparing Down Volume (USI:DVOL) against total volume (UVOL + DVOL) on a 5-minute timeframe, it pinpoints moments of aggressive market-wide buying and selling pressure that often signal intraday exhaustion points, reversals, or momentum continuation.
How It Works
The script calculates the ratio of declining volume against total market volume on every 5-minute candle:
Down Volume Ratio = DVOL / (UVOL+DVOL)
Extreme Down-Volume / Selling Pressure >= 89.9%
Triggers when down volume accounts for 89.9% or more of all traded volume across US markets. This often marks extreme panic selling or capitulation.
Extreme Up-Volume / Buying Pressure <= 9.9%
Triggers when down volume is under 10 (meaning Up Volume is 90%+).This marks broad-based market buying frenzies.
🟠 Orange Triangle (Below Bar) — Single High Threshold:
First occurrence of extreme market selling volume (≥89.9)
🟣 Purple Triangle (Below Bar) — Repeated High Threshold:
Extreme selling volume triggered when the condition has already appeared 2 or more times over the past 3 days (clustered selling pressure).
🔵 Blue Triangle (Above Bar) — Single Low Threshold:
First occurrence of extreme market buying volume (≤9.9%)
🟡 Yellow Triangle (Above Bar) — Repeated Low Threshold:
Extreme buying volume triggered when the condition has appeared 2 or more times over the past 3 days (clustered buying pressure).
Built-in Webhook & JSON Alerts
Whenever any single or repeated volume threshold is met, the indicator triggers a ready-to-use JSON alert payload (firing once per bar):
JSON:
{"text": "Trading Signal: Intraday SCALPING ONLY Short-Term trade SPY Triggered at [Price] Ticker [Ticker] Chart [Timeframe]"}
This is ideal for automated execution, Discord/Telegram webhooks, or alert routing.
This is designed specifically for
SPY , SP500 indices , ES_F1! on a intraday timeframe and for intraday trading only. 版本注释
Overview:This indicator tracks broad US market volume breadth in real-time to identify extreme intraday volume imbalances. By comparing Down Volume (USI:DVOL) against total volume (UVOL + DVOL) on a 5-minute timeframe, it pinpoints moments of aggressive market-wide buying and selling pressure that often signal intraday exhaustion points, reversals, or momentum continuation.
How It Works
The script calculates the ratio of declining volume against total market volume on every 5-minute candle:
Down Volume Ratio = DVOL / (UVOL+DVOL)
Extreme Down-Volume / Selling Pressure >= 89.9%
Triggers when down volume accounts for 89.9% or more of all traded volume across US markets. This often marks extreme panic selling or capitulation.
Extreme Up-Volume / Buying Pressure <= 9.9%
Triggers when down volume is under 10 (meaning Up Volume is 90%+).This marks broad-based market buying frenzies.
🟠 Orange Triangle (Below Bar) — Single High Threshold:
First occurrence of extreme market selling volume (≥89.9)
🟣 Purple Triangle (Below Bar) — Repeated High Threshold:
Extreme selling volume triggered when the condition has already appeared 2 or more times over the past 3 days (clustered selling pressure).
🔵 Blue Triangle (Above Bar) — Single Low Threshold:
First occurrence of extreme market buying volume (≤9.9%)
🟡 Yellow Triangle (Above Bar) — Repeated Low Threshold:
Extreme buying volume triggered when the condition has appeared 2 or more times over the past 3 days (clustered buying pressure).
Built-in Webhook & JSON Alerts
Whenever any single or repeated volume threshold is met, the indicator triggers a ready-to-use JSON alert payload (firing once per bar):
JSON:
{"text": "Trading Signal: Intraday SCALPING ONLY Short-Term trade SPY Triggered at [Price] Ticker [Ticker] Chart [Timeframe]"}
This is ideal for automated execution, Discord/Telegram webhooks, or alert routing.
This is designed specifically for
SPY
, SP500 indices , ES_F1! on a intraday timeframe and for intraday trading only.
版本注释
V3 Fixed a bug where the signal triggers prematurely at the day's opening print
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。
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。