OPEN-SOURCE SCRIPT
7M Levels
💎 Key Feature: "Relative Volume at Time"
Most RelVol indicators compare current volume to the full day's average, which is misleading during Pre-Market or After-Hours. 7M Levels uses a sophisticated "At Time" logic: It compares the current 5-minute volume to the historical average of that exact same time of day over the last 30 days.
Example: If a stock trades 50k shares at 8:00 AM, the script checks if that is normal for 8:00 AM. If the average is 5k, your RelVol is 10x—signaling a massive institutional move before the bell rings.
🛠️ Built-in Features
Live Scoring Engine: A fully customizable scoring system (default Pass: 7/10). The dashboard changes color based on your specific criteria, acting as a visual "Go/No-Go" signal.
Gap & Change Analysis: Tracks price action specifically since the 4:00 AM EST Pre-Market open.
Fundamental Snapshot: Instant access to Float (Mio), Industry, and Country without leaving the chart.
Technical Suite: Real-time monitoring of VWAP relation, MACD crossovers, RSI levels, and VWMA trends.
Smart Alerts: Integrated alerts with a built-in Cooldown Timer to prevent notification spam during volatile moves.
📊 How to use the Dashboard
Grey Rows: Basic information and reference data.
Green/Red Rows: Parameters that are currently passing or failing your custom "Momentum Score" settings.
Total Score: The bottom line. If it turns Emerald Green, the stock meets all your momentum requirements for a potential trade.
⚙️ Optimization
This script is optimized with a max_bars_back buffer of 5000 to ensure deep historical volume analysis remains stable even on ultra-fast timeframes like the 10-second or 1-minute chart.
Safe Trading! Disclaimer: This tool is for informational purposes only and does not constitute financial advice.
Most RelVol indicators compare current volume to the full day's average, which is misleading during Pre-Market or After-Hours. 7M Levels uses a sophisticated "At Time" logic: It compares the current 5-minute volume to the historical average of that exact same time of day over the last 30 days.
Example: If a stock trades 50k shares at 8:00 AM, the script checks if that is normal for 8:00 AM. If the average is 5k, your RelVol is 10x—signaling a massive institutional move before the bell rings.
🛠️ Built-in Features
Live Scoring Engine: A fully customizable scoring system (default Pass: 7/10). The dashboard changes color based on your specific criteria, acting as a visual "Go/No-Go" signal.
Gap & Change Analysis: Tracks price action specifically since the 4:00 AM EST Pre-Market open.
Fundamental Snapshot: Instant access to Float (Mio), Industry, and Country without leaving the chart.
Technical Suite: Real-time monitoring of VWAP relation, MACD crossovers, RSI levels, and VWMA trends.
Smart Alerts: Integrated alerts with a built-in Cooldown Timer to prevent notification spam during volatile moves.
📊 How to use the Dashboard
Grey Rows: Basic information and reference data.
Green/Red Rows: Parameters that are currently passing or failing your custom "Momentum Score" settings.
Total Score: The bottom line. If it turns Emerald Green, the stock meets all your momentum requirements for a potential trade.
⚙️ Optimization
This script is optimized with a max_bars_back buffer of 5000 to ensure deep historical volume analysis remains stable even on ultra-fast timeframes like the 10-second or 1-minute chart.
Safe Trading! Disclaimer: This tool is for informational purposes only and does not constitute financial advice.
开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。