OPEN-SOURCE SCRIPT
Mapa de Volume - Ajustavel V1
olume Heatmap - Institutional Flow Detector
Overview
The Volume Heatmap - Institutional Flow Detector is a high-precision technical analysis tool designed to identify and visualize institutional activity through relative volume analysis. Unlike traditional indicators that use static averages, this script uses a dynamic "Daily Minimum Volume" baseline to create a real-time sensitivity scale for the current trading session.
Key Features
Adaptive 4-Level Heatmap: Automatically colors candlesticks based on volume multiples relative to the day's lowest point.
Institutional "Climax" Detection: Highlights bars with massive volume (e.g., 6x the daily minimum) to pinpoint potential absorption zones and price exhaustion.
Dynamic Extreme Labels: Automatically plots "MAX VOL" and "MIN VOL" labels on the chart once the candle closes to ensure data validity.
Precision Dashboard: Features a customizable HUD (Heads-Up Display) showing the exact value, date, and time (Brazil UTC-3) of the daily volume extremes.
Zero Repaint Logic: All calculations for labels and records are processed only upon bar confirmation (barstate.isconfirmed) to prevent false signals during active price oscillation.
Technical Rule-Set
Level 1 (Base): Low activity, filtered with high transparency.
Level 2 (Activity): Confirmed increase in participation (Default: 2x the minimum).
Level 3 (Professional): Strong institutional presence (Default: 4x the minimum).
Level 4 (Climax): Maximum effort/result, shown with 100% opacity (Default: 6x the minimum).
Customization
The user has full control over the multipliers and opacity percentages for each level, allowing for seamless adaptation to different assets (Forex, Stocks, Crypto) and timeframes.
Overview
The Volume Heatmap - Institutional Flow Detector is a high-precision technical analysis tool designed to identify and visualize institutional activity through relative volume analysis. Unlike traditional indicators that use static averages, this script uses a dynamic "Daily Minimum Volume" baseline to create a real-time sensitivity scale for the current trading session.
Key Features
Adaptive 4-Level Heatmap: Automatically colors candlesticks based on volume multiples relative to the day's lowest point.
Institutional "Climax" Detection: Highlights bars with massive volume (e.g., 6x the daily minimum) to pinpoint potential absorption zones and price exhaustion.
Dynamic Extreme Labels: Automatically plots "MAX VOL" and "MIN VOL" labels on the chart once the candle closes to ensure data validity.
Precision Dashboard: Features a customizable HUD (Heads-Up Display) showing the exact value, date, and time (Brazil UTC-3) of the daily volume extremes.
Zero Repaint Logic: All calculations for labels and records are processed only upon bar confirmation (barstate.isconfirmed) to prevent false signals during active price oscillation.
Technical Rule-Set
Level 1 (Base): Low activity, filtered with high transparency.
Level 2 (Activity): Confirmed increase in participation (Default: 2x the minimum).
Level 3 (Professional): Strong institutional presence (Default: 4x the minimum).
Level 4 (Climax): Maximum effort/result, shown with 100% opacity (Default: 6x the minimum).
Customization
The user has full control over the multipliers and opacity percentages for each level, allowing for seamless adaptation to different assets (Forex, Stocks, Crypto) and timeframes.
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.