OPEN-SOURCE SCRIPT
Volume Ignition Oscillator
What it does
This oscillator flags volume surges that occur after a sharp price thrust, while price is still sitting near a local high
or low. It combines three conditions: (1) a significant recent price move measured against ATR, (2) price currently
sitting in the top or bottom zone of its recent range, and (3) current volume running above its moving average. Red
columns above zero suggest distribution/exhaustion at a top (potential short); green columns below zero suggest
capitulation/absorption at a bottom (potential long).
This oscillator flags volume surges that occur after a sharp price thrust, while price is still sitting near a local high
or low. It combines three conditions: (1) a significant recent price move measured against ATR, (2) price currently
sitting in the top or bottom zone of its recent range, and (3) current volume running above its moving average. Red
columns above zero suggest distribution/exhaustion at a top (potential short); green columns below zero suggest
capitulation/absorption at a bottom (potential long).
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。