OPEN-SOURCE SCRIPT

Volume Ribbon with Custom Neon Spikes

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The Volume Ribbon with Custom Neon Spikes is a momentum-driven indicator that isolates underlying market sentiment by plotting the net difference between buying and selling volume as a dynamic central histogram.
Moving average crossovers and directional shifts dictate standard green and red gradient tones, while a smoothed orange signal line provides early warnings for shifting trends. To ensure you never miss institutional activity, the script features a built-in alert system that instantly overrides standard colors with brilliant, custom neon green or neon pink highlights whenever a massive volume spike occurs—specifically defined as a bar printing at over 2x the recent total volume average.

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.