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FD Volume Intelligence v1.8

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FD Volume Intelligence is a compact volume-confirmation tool designed to help traders judge whether a price move is supported by meaningful market participation.

Instead of duplicating TradingView’s native volume histogram, this indicator works as an intelligence layer alongside TradingView’s built-in Volume indicator. It focuses on Relative Volume (RVOL), participation strength, candle-body quality, directional context, and confirmed alerts while keeping the price chart clean.

Core Features

  • Relative Volume (RVOL)

Compares current volume with its moving-average baseline:

Pine Script®


  • Volume MA Length

Default: 20
  • Participation Classification

  • Dry: below 0.70×
  • Average: 0.70× – 1.19×
  • Confirm: 1.20× – 1.49×
  • Strong: 1.50× – 1.99×
  • Extreme: 2.00×+


  • Candle Body Quality

Measures the candle body as a percentage of its total high-low range. This helps distinguish strong directional participation from high-volume indecision.

Default minimum body quality: 55%

  • Directional Volume Context

Displays whether current participation is associated with bullish or bearish price action.
  • Compact 2-Column Dashboard

Shows:
  • Volume status
  • RVOL
  • Strength
  • Direction
  • Body Quality
  • Current Volume vs MA20
  • Threshold settings status

Color-Coded Interpretation
  • Green = confirmed / positive participation
  • Orange = caution / weak candle quality
  • Red = bearish context
  • = informational metrics
  • White = neutral/static information


Threshold Protection
The script automatically maintains the correct logical hierarchy:

Pine Script®


If a user enters conflicting threshold values, they are automatically normalized internally.

No-Volume Handling
Symbols without usable volume data are clearly identified instead of generating misleading RVOL readings.
Confirmed Alerts
Alerts default to confirmation on candle close to reduce intrabar signal changes. The dashboard itself remains realtime.
How to Use

FD Volume Intelligence is intended as a confirmation tool, not a standalone buy/sell system.

For example:

  • RVOL < 0.70× → weak participation
  • RVOL ≥ 1.20× → meaningful participation begins
  • RVOL ≥ 1.50× → strong participation
  • RVOL ≥ 2.00× → unusually high activity; evaluate for expansion, breakout, absorption, or climax

A high RVOL reading becomes more useful when it is accompanied by good candle-body quality and relevant price structure.

For example:

RVOL 1.60× + Strong Body + Bull Direction

provides stronger confirmation than:

RVOL 1.60× + Weak Body

because the second condition may indicate absorption, rejection, or indecision despite elevated volume.

Recommended Setup


Use this indicator together with TradingView’s built-in Volume indicator.

Recommended built-in Volume settings:

MA Length: 20
Color based on previous close: ON

FD Volume Intelligence intentionally does not draw its own synthetic volume histogram. This keeps the indicator lightweight and avoids creating an additional pane or interfering with the price scale.

Alerts

Available alert conditions include:
  • Bullish Volume Confirmation
  • Bearish Volume Confirmation
  • Strong Bullish Participation
  • Strong Bearish Participation
  • Extreme Bullish Volume
  • Extreme Bearish Volume


By default, alert signals are confirmed at candle close.

Important

RVOL in this indicator uses a rolling Volume MA baseline. It is not a session-normalized or time-of-day Relative Volume calculation.

Volume should always be interpreted together with price action, market structure, liquidity, support/resistance, and the broader market context.

FD Volume Intelligence is a confirmation and analytical tool. It does not predict future price movement and should not be used as a standalone trading system.
Informacje o Wersji
update
Informacje o Wersji
update
Informacje o Wersji
updated alerts
Informacje o Wersji
Updated the alert formatting.

Wyłączenie odpowiedzialności

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