OPEN-SOURCE SCRIPT

High Volume Impulse Candles (3x/4x)

784
Here’s a polished **description you can use when publishing your High-Volume Impulse Candle indicator** on TradingView:

---

### **Title:**

High-Volume Impulse Candles (3x / 4x Thresholds)

### **Description:**

This indicator highlights **high-volume impulse candles** on any timeframe, making it easy to spot strong buying or selling pressure in the market.

**Features:**

* **Orange Candle:** Volume **3×–4×** above the 20-bar average → strong impulse
* **Red Candle:** Volume **>4×** above the 20-bar average → extreme impulse
* Works on **all timeframes** and is suitable for **BTC and other crypto pairs**.
* Simple, clean, and visually intuitive – instantly shows market momentum without clutter.

**Usage:**

* Use in conjunction with your **trend analysis** (e.g., EMA stack) to identify **high-probability entries**.
* Helps detect **potential breakouts, reversals, and explosive moves**.
* Works best when combined with **support/resistance levels** or higher timeframe confirmations.

**Inputs:**

* Volume SMA Length (default: 20 bars)
* Impulse Thresholds: Orange (3×), Red (>4×)

**Disclaimer:**
This indicator is a **tool to identify momentum** and should be used alongside your **risk management and analysis strategy**. Past impulses do not guarantee future price movement.

---

If you want, I can also **draft a shorter “TradingView-ready” version** that’s **concise, catchy, and optimized for the public library**, which tends to attract more users.

Do you want me to do that?

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.