OPEN-SOURCE SCRIPT
Volume Analysis Pro [KTY]

Volume Analysis Pro [KTY]
Analyze everything about volume with a single indicator.
Buy/Sell split candles, VWMA cloud, oscillator signals, volume divergence โ
all essential volume analysis tools in one package.
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
๐ Key Features
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
โถ Buy/Sell Volume Candles
Splits candle bodies by buy/sell ratio and displays them with color.
Dark area = dominant side / Light area = weaker side
Bull candle with large light area โ appears bullish, but selling is dominant
Bear candle with large light area โ appears bearish, but buying is dominant
See the true story behind every candle at a glance.
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
โถ Buy/Sell VWMA Cloud
Visualizes the difference between buy volume-weighted
and sell volume-weighted average prices as a cloud.
Green cloud = buy dominance (bullish)
Red cloud = sell dominance (bearish)
โฒโผ triangles = shown on cloud cross + price position confirmation
The moment the cloud flips is a key shift in supply/demand.
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
โถ Oscillator Signals
Detects volume flow and anomalies in the bottom panel.
Buy/Sell split columns โ visually separates buy and sell volume per bar
Conflict detection (โผโฒ) โ warns when candle direction and volume disagree
Spike detection (โ ) โ marks when volume surges significantly above average
EMA line โ tracks volume flow direction with glow effect
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
โถ Volume Divergence
Auto-detects when price and volume flow move in opposite directions.
๐ด D โ price rising but volume dropping โ uptrend weakening
๐ข D โ price falling but volume rising โ downtrend weakening
Visualized with connecting lines + D labels on chart
Hidden divergence (trend continuation signal) also supported:
๐ข HD โ volume fading on pullback in uptrend โ trend likely continues
๐ด HD โ volume fading on bounce in downtrend โ downtrend likely continues
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
๐ก Tips
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
Repeated conflicts (โผโฒ) โ current trend weakening
Divergence (D) + cloud flip together โ strong reversal signal
Spike (โ ) + trend direction match โ trend acceleration
All features can be toggled ON/OFF individually โ customize to your style
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
๐ง Settings
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
Hover over the โ icon next to each setting for detailed descriptions.
Core parameters are built-in with optimized values โ
ready to use with default settings right away.
โ Chart Overlay โ Volume candles, VWMA cloud, cloud cross ON/OFF
โ Oscillator โ Conflict, spike, EMA line ON/OFF + EMA color
โ Divergence โ Regular / Hidden divergence ON/OFF
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
๐ Alerts
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
Cloud cross (buy/sell shift)
Candle-volume conflict detected
Volume spike detected
Divergence detected (bearish / bullish)
Hidden divergence detected (bearish / bullish)
Setup: ALT + A โ Select ใVolume Analysis Proใ๐ โ Create alert
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
๐ Note
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
Buy/sell volume is estimated based on the direction
of lower timeframe (1-minute) candles.
This is not order flow data from the bid/ask book.
Focus on relative flow and trend shifts
rather than absolute buy/sell amounts.
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
โ ๏ธ Disclaimer
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
This indicator is an analysis tool, not a trade signal service.
Default settings are a starting point โ not optimized for any specific market.
Past reactions do not guarantee future outcomes.
All trading decisions and associated risks are solely your responsibility.
Analyze everything about volume with a single indicator.
Buy/Sell split candles, VWMA cloud, oscillator signals, volume divergence โ
all essential volume analysis tools in one package.
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
๐ Key Features
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
โถ Buy/Sell Volume Candles
Splits candle bodies by buy/sell ratio and displays them with color.
Dark area = dominant side / Light area = weaker side
Bull candle with large light area โ appears bullish, but selling is dominant
Bear candle with large light area โ appears bearish, but buying is dominant
See the true story behind every candle at a glance.
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
โถ Buy/Sell VWMA Cloud
Visualizes the difference between buy volume-weighted
and sell volume-weighted average prices as a cloud.
Green cloud = buy dominance (bullish)
Red cloud = sell dominance (bearish)
โฒโผ triangles = shown on cloud cross + price position confirmation
The moment the cloud flips is a key shift in supply/demand.
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
โถ Oscillator Signals
Detects volume flow and anomalies in the bottom panel.
Buy/Sell split columns โ visually separates buy and sell volume per bar
Conflict detection (โผโฒ) โ warns when candle direction and volume disagree
Spike detection (โ ) โ marks when volume surges significantly above average
EMA line โ tracks volume flow direction with glow effect
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
โถ Volume Divergence
Auto-detects when price and volume flow move in opposite directions.
๐ด D โ price rising but volume dropping โ uptrend weakening
๐ข D โ price falling but volume rising โ downtrend weakening
Visualized with connecting lines + D labels on chart
Hidden divergence (trend continuation signal) also supported:
๐ข HD โ volume fading on pullback in uptrend โ trend likely continues
๐ด HD โ volume fading on bounce in downtrend โ downtrend likely continues
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
๐ก Tips
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
Repeated conflicts (โผโฒ) โ current trend weakening
Divergence (D) + cloud flip together โ strong reversal signal
Spike (โ ) + trend direction match โ trend acceleration
All features can be toggled ON/OFF individually โ customize to your style
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
๐ง Settings
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
Hover over the โ icon next to each setting for detailed descriptions.
Core parameters are built-in with optimized values โ
ready to use with default settings right away.
โ Chart Overlay โ Volume candles, VWMA cloud, cloud cross ON/OFF
โ Oscillator โ Conflict, spike, EMA line ON/OFF + EMA color
โ Divergence โ Regular / Hidden divergence ON/OFF
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
๐ Alerts
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
Cloud cross (buy/sell shift)
Candle-volume conflict detected
Volume spike detected
Divergence detected (bearish / bullish)
Hidden divergence detected (bearish / bullish)
Setup: ALT + A โ Select ใVolume Analysis Proใ๐ โ Create alert
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
๐ Note
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
Buy/sell volume is estimated based on the direction
of lower timeframe (1-minute) candles.
This is not order flow data from the bid/ask book.
Focus on relative flow and trend shifts
rather than absolute buy/sell amounts.
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
โ ๏ธ Disclaimer
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
This indicator is an analysis tool, not a trade signal service.
Default settings are a starting point โ not optimized for any specific market.
Past reactions do not guarantee future outcomes.
All trading decisions and associated risks are solely your responsibility.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
KTY | Kim Thank You ๐
Professional trading indicators built from years of experience.
๐ฑ Telegram
t.me/kimthankyou
๐ Website
kimthankyou.com
Professional trading indicators built from years of experience.
๐ฑ Telegram
t.me/kimthankyou
๐ Website
kimthankyou.com
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.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
KTY | Kim Thank You ๐
Professional trading indicators built from years of experience.
๐ฑ Telegram
t.me/kimthankyou
๐ Website
kimthankyou.com
Professional trading indicators built from years of experience.
๐ฑ Telegram
t.me/kimthankyou
๐ Website
kimthankyou.com
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.