OPEN-SOURCE SCRIPT
Above Average Volume
What It Does:
FeatureDetailThresholdDefault = 1.5× the 20-bar SMA of volume
Bright barsSpike bars are vivid green/red; normal bars are muted
Yellow lineRolling average volume
Orange lineAlert threshold
LabelsShows how many times above average (e.g. 2.3x)
3 alert typesAny spike / Bullish spike / Bearish spike
FeatureDetailThresholdDefault = 1.5× the 20-bar SMA of volume
Bright barsSpike bars are vivid green/red; normal bars are muted
Yellow lineRolling average volume
Orange lineAlert threshold
LabelsShows how many times above average (e.g. 2.3x)
3 alert typesAny spike / Bullish spike / Bearish spike
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.