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Directional Volume Cloud MTF

The Directional Volume Cloud MTF transforms raw volume into a visually intuitive cloud histogram that highlights directional bias and exhaustion zones.
🔍 Core Logic
- Volume bias is calculated using candle direction (bullish/bearish) and smoothed via EMA.
- Bias strength is normalized against average volume to produce a ratio from -1 to +1.
- Color and opacity dynamically reflect bias direction and strength — pale clouds indicate weak volume, while vivid clouds signal strong conviction.
Features
- Customizable bullish/bearish colors
- Dynamic opacity based on volume strength
- Declining volume signals for potential reversals
- Multi-timeframe bias overlay (e.g., daily bias on intraday chart)
📈 Use Cases
- Spot volume exhaustion before reversals
- Confirm breakout strength with bias intensity
- Compare short-term vs long-term volume pressure
Whether you're scalping intraday moves or validating swing setups, this cloud-based volume heatmap offers a clean, modular way to visualize market conviction.
🔍 Core Logic
- Volume bias is calculated using candle direction (bullish/bearish) and smoothed via EMA.
- Bias strength is normalized against average volume to produce a ratio from -1 to +1.
- Color and opacity dynamically reflect bias direction and strength — pale clouds indicate weak volume, while vivid clouds signal strong conviction.
Features
- Customizable bullish/bearish colors
- Dynamic opacity based on volume strength
- Declining volume signals for potential reversals
- Multi-timeframe bias overlay (e.g., daily bias on intraday chart)
📈 Use Cases
- Spot volume exhaustion before reversals
- Confirm breakout strength with bias intensity
- Compare short-term vs long-term volume pressure
Whether you're scalping intraday moves or validating swing setups, this cloud-based volume heatmap offers a clean, modular way to visualize market conviction.
开源脚本
本着TradingView的真正精神,此脚本的创建者将其开源,以便交易者可以查看和验证其功能。向作者致敬!虽然您可以免费使用它,但请记住,重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
开源脚本
本着TradingView的真正精神,此脚本的创建者将其开源,以便交易者可以查看和验证其功能。向作者致敬!虽然您可以免费使用它,但请记住,重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。