OPEN-SOURCE SCRIPT
Volume Pressure Structure
Volume Pressure Structure transforms traditional volume analysis into a visual framework for reading buyer and seller pressure.
The indicator combines relative volume, candle behavior, price structure, and volume expansion to highlight when market participation is strengthening and directional pressure is becoming more significant.
Key visual elements include:
Buy Pressure — highlights periods where bullish price behavior is supported by volume.
Sell Pressure — highlights periods where bearish price behavior is supported by volume.
Volume Expansion — identifies periods when participation increases significantly compared with average volume.
Market Structure — uses the broader price position to help distinguish bullish and bearish conditions.
BUY / SELL Signals — marks potential directional conditions when volume pressure and market structure align.
The result is a cleaner way to interpret volume beyond simply watching histogram bars. Instead of asking only “How much volume is there?”, the indicator helps visualize “Which side appears to be gaining pressure, and is that pressure supported by increased participation?”
Use the signals as a contextual tool alongside price action, market structure, and other forms of technical analysis. The indicator does not predict future price movement or guarantee trading outcomes.
The indicator combines relative volume, candle behavior, price structure, and volume expansion to highlight when market participation is strengthening and directional pressure is becoming more significant.
Key visual elements include:
Buy Pressure — highlights periods where bullish price behavior is supported by volume.
Sell Pressure — highlights periods where bearish price behavior is supported by volume.
Volume Expansion — identifies periods when participation increases significantly compared with average volume.
Market Structure — uses the broader price position to help distinguish bullish and bearish conditions.
BUY / SELL Signals — marks potential directional conditions when volume pressure and market structure align.
The result is a cleaner way to interpret volume beyond simply watching histogram bars. Instead of asking only “How much volume is there?”, the indicator helps visualize “Which side appears to be gaining pressure, and is that pressure supported by increased participation?”
Use the signals as a contextual tool alongside price action, market structure, and other forms of technical analysis. The indicator does not predict future price movement or guarantee trading outcomes.
Script open-source
Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Script open-source
Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.