Percent Volume Oscillator(by ucsgears)

A good measure to see how excited the herd is, before chasing a move. Very Useful when trading explosive stocks like, FNMA, PLUG, USU. I use this to filter when not to chase. Once you get familiar with this. You can trade the stocks with just Volume and Price.
Also a good filter on how good a breakout is.

Further Reading - tinyurl.com/knzn4p9 (Stockcharts - Chart School)
List of All my Indicators - tradingview.com/p/stocks/?sort=recent&time=day&by=ucsgears
Good Luck