OPEN-SOURCE SCRIPT

High Volume Impulse Candles (3x/4x)

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Here’s a polished **description you can use when publishing your High-Volume Impulse Candle indicator** on TradingView:

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### **Title:**

High-Volume Impulse Candles (3x / 4x Thresholds)

### **Description:**

This indicator highlights **high-volume impulse candles** on any timeframe, making it easy to spot strong buying or selling pressure in the market.

**Features:**

* **Orange Candle:** Volume **3×–4×** above the 20-bar average → strong impulse
* **Red Candle:** Volume **>4×** above the 20-bar average → extreme impulse
* Works on **all timeframes** and is suitable for **BTC and other crypto pairs**.
* Simple, clean, and visually intuitive – instantly shows market momentum without clutter.

**Usage:**

* Use in conjunction with your **trend analysis** (e.g., EMA stack) to identify **high-probability entries**.
* Helps detect **potential breakouts, reversals, and explosive moves**.
* Works best when combined with **support/resistance levels** or higher timeframe confirmations.

**Inputs:**

* Volume SMA Length (default: 20 bars)
* Impulse Thresholds: Orange (3×), Red (>4×)

**Disclaimer:**
This indicator is a **tool to identify momentum** and should be used alongside your **risk management and analysis strategy**. Past impulses do not guarantee future price movement.

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If you want, I can also **draft a shorter “TradingView-ready” version** that’s **concise, catchy, and optimized for the public library**, which tends to attract more users.

Do you want me to do that?

免责声明

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