OPEN-SOURCE SCRIPT
AdvVolBars [Proozac]
A colored volume indicator that visually identifies bars with significant volume relative to their historical average, replicating the visual style of advanced volume panels used in intraday futures setups.
How it works
Each volume bar is colored based on two factors: candle direction (bullish/bearish) and whether volume exceeds a configurable threshold relative to a long-term average (Slow MA, 929 periods by default). This produces 4 visual states:
🟢 Green — high bullish volume
🔵 Dim Cyan — low bullish volume
🟠 Orange — high bearish volume
🔴 Dark Red — low bearish volume
A yellow overlay line (Fast MA, 5 periods) helps visualize recent volume trend without comparing bars individually.
Info panel
The last bar displays a summary including: average volume per candle (Candle Avg), relative volume of the last 5 bars (Last 5 rVol %), cumulative session volume (Total Vol), current bar volume (LastBar Vol), and volume prior to regular session open (PreMkt Vol).
Configurable parameters
Fast MA Length / Slow MA Length
High volume threshold (multiplier over average)
Candle average lookback length
Fully customizable colors
Alerts for bullish/bearish volume spikes (rVol ≥ 2x)
Recommended use
Designed for intraday timeframes (1m–15m) on indices and futures, as volume confirmation alongside EMA and VWAP-based setups. Useful for spotting volume climax, trend exhaustion, or breakout confirmation.
How it works
Each volume bar is colored based on two factors: candle direction (bullish/bearish) and whether volume exceeds a configurable threshold relative to a long-term average (Slow MA, 929 periods by default). This produces 4 visual states:
🟢 Green — high bullish volume
🔵 Dim Cyan — low bullish volume
🟠 Orange — high bearish volume
🔴 Dark Red — low bearish volume
A yellow overlay line (Fast MA, 5 periods) helps visualize recent volume trend without comparing bars individually.
Info panel
The last bar displays a summary including: average volume per candle (Candle Avg), relative volume of the last 5 bars (Last 5 rVol %), cumulative session volume (Total Vol), current bar volume (LastBar Vol), and volume prior to regular session open (PreMkt Vol).
Configurable parameters
Fast MA Length / Slow MA Length
High volume threshold (multiplier over average)
Candle average lookback length
Fully customizable colors
Alerts for bullish/bearish volume spikes (rVol ≥ 2x)
Recommended use
Designed for intraday timeframes (1m–15m) on indices and futures, as volume confirmation alongside EMA and VWAP-based setups. Useful for spotting volume climax, trend exhaustion, or breakout confirmation.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
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.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
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.