OPEN-SOURCE SCRIPT
Diupdate

Enhanced Volume

461
Enhanced Volume (EV)
A comprehensive volume analysis tool designed to give traders a complete picture of buying and selling activity at a glance.

Key Features:
Relative Volume Colour Coding
Bars are automatically colour-coded based on volume significance — high relative volume bars stand out immediately, while low relative volume bars are flagged to help you avoid low-conviction moves.
Smart Labels
Automatically labels notable volume events directly on the chart:

High relative volume bars (2× average and above)
Highest volume in the past year (HV1Y)
Highest volume ever recorded for the instrument (★ HVE)

All labels display the raw volume figure and the percentage above average so you can assess conviction instantly.
Projected Volume
During the trading session, a projected end-of-day volume bar is calculated based on the current rate of flow. A projected run-rate percentage tells you whether today is on track to be a high or low volume day before the session closes.
2× and 3× Average Lines
Visual reference lines show exactly where 2× and 3× average volume sit, making it easy to gauge how significant the current bar really is.
Up/Down Volume Ratio
Tracks cumulative buying versus selling volume over a configurable lookback period, giving you a directional bias reading based on actual volume flow rather than price alone.
Summary Table
A clean on-chart table displays all key metrics in one place — current volume, average volume, average dollar volume, up/down ratio, relative volume percentage, projected volume, and volume ratio.
Inputs:

SMA length for average volume calculation
High and low relative volume thresholds
1-year lookback period for HV1Y detection
Up/Down volume lookback period
Toggle projected volume bar and 2×/3× lines on or off
Full colour customisation for all bar states

Built for momentum and breakout traders who use volume as a primary confirmation tool.
Catatan Rilis
V 1.1

Pernyataan Penyangkalan

Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.