OPEN-SOURCE SCRIPT
Volume Spike Smart Scanner
Volume Spike Smart Scanner
This indicator detects high-probability momentum moves by combining multi-timeframe volume spikes with price action confirmation.
It filters out low-liquidity coins and focuses only on assets with strong capital inflow. The script checks:
Daily liquidity (min $3M volume)
15m and 1h volume spikes (relative increase)
Strong 1h absolute volume (real money entering)
Bullish price confirmation (green candle above EMA20)
When all conditions align, it signals potential early-stage momentum moves.
Designed to reduce noise and highlight real buying pressure, not fake spikes.
This indicator detects high-probability momentum moves by combining multi-timeframe volume spikes with price action confirmation.
It filters out low-liquidity coins and focuses only on assets with strong capital inflow. The script checks:
Daily liquidity (min $3M volume)
15m and 1h volume spikes (relative increase)
Strong 1h absolute volume (real money entering)
Bullish price confirmation (green candle above EMA20)
When all conditions align, it signals potential early-stage momentum moves.
Designed to reduce noise and highlight real buying pressure, not fake spikes.
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.