Average Daily Volume with Anomalies

A trigger program to print volume triggers on stocks that are being watched.
It helps with identifying the trigger volume on a candle and helps determine whether one can enter a position or not.

Versionshinweise

Added Volume Trigger indicator, users can now configure the volume trigger at which they think the buy came into effect and create an alert for the same

Versionshinweise

Added blue square marker to show if the price and volume is higher than last two bars, it is like a pre cursor to an upcoming volume, however it will be confirmed by the volume anomaly in the subsequent bars.

Versionshinweise

added relative volume threshold to indicate incoming bullish surge. User can choose to display the relative volume threshold label from the settings. If both Vol anomaly and rvol threshold prints then there is a high probability that price can move up from the first time rvol + anomaly was printed. Also added a alert when the threshold reaaches.

Versionshinweise

Updated to add possible price move information, the factor can be changed from settings.

Versionshinweise

Formatted RVOL % and Possible Price Movement to 2 decimal

Versionshinweise

Format change

Versionshinweise

Corrected possible price movement formula

Versionshinweise

Added configurable take profit lines for easy scalping, the take profit percentage is configurable based on the most recent RVOL label printed.

Versionshinweise

Added configurable TP Cap, the expected price movement will not exceed the configured %

Versionshinweise

Added Bearish RVOL label for reference, if bearish label appears without any bullish RVOL label then it is a rapidly moving down.

Versionshinweise

Added previous TP lines to be visible to get price context.
performance optimization and streamline

Versionshinweise

introduced a configurable high extreme threshold and color setting within the RVOL parameters, allowing for more granular visualization of volume spikes. The script now dynamically updates the label background to the high extreme color whenever relative volume exceeds the new threshold, defaulting to yellow at a value of 11.

Versionshinweise

Added bullish breakouts by highlighting candles where both the closing price and trading volume simultaneously exceed their highest levels from a user-defined lookback period. It provides customizable visual feedback through bar coloring and includes built-in alerts to help traders spot these high-conviction momentum signals in real-time.

Versionshinweise

Added a average volume condition for painting the bars blue which is by default disabled in the panel. Enabling this ensures the bars are painted blue if the volume was double than the last average of 'X' lookback candles

Versionshinweise

Added the High of Day (HoD) logic which acts like a tracker that starts fresh every time the market opens, recording the highest point the price reaches during that session. If the current candle finishes forming (closes) above that tracked high point, it means a new peak has been reached. When this happens, the script highlights that specific candle in yellow to alert you of the new high.

Versionshinweise

Updated the TP lines to use the same color as the RVOL label color to keep them visually consistent

Versionshinweise

Added option to choose for TP calculations, users can choose between linear and fib settings

Open-source Skript

Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.

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Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.

Open-source Skript

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