PROTECTED SOURCE SCRIPT
已更新 BT Bar - 1.0
BTBar Description
BTBar is a visual script designed to identify and highlight candles with abnormally high volume, making it easier for traders to spot pressure imbalances and key price areas during live market action.
🔍 The script compares the current candle’s volume to the previous one, and highlights candles that exceed specific percentage thresholds (customizable by the user) using distinct colors.
Rather than relying on generic trend or scalping strategies, BTBar is based on relative volume intensity detection — a concept rooted in order flow analysis — to help traders identify:
Candles with unusual volume spikes (possible absorption or exhaustion),
Medium/high volume continuation signals,
Areas where price might reverse or accelerate.
🛠️ It also offers the option to automatically draw horizontal lines from the open of the highest-volume candles, helping traders track potential institutional decision levels throughout the day.
⚙️ How to use:
Apply BTBar to a clean chart.
Customize the volume threshold levels (e.g., 300%, 400%, etc.).
Watch for highlighted candles — these indicate moments when volume significantly broke previous levels, marking potential points of interest or behavior shifts.
Use the optional horizontal lines as visual support/resistance levels derived from volume extremes.
🧠 Underlying concept:
BTBar uses a percentage-based volume comparison approach, inspired by techniques in footprint charts and volume spike detection.
This allows traders to visually spot key market reactions without relying on numeric overload or complex setups.
BTBar is a visual script designed to identify and highlight candles with abnormally high volume, making it easier for traders to spot pressure imbalances and key price areas during live market action.
🔍 The script compares the current candle’s volume to the previous one, and highlights candles that exceed specific percentage thresholds (customizable by the user) using distinct colors.
Rather than relying on generic trend or scalping strategies, BTBar is based on relative volume intensity detection — a concept rooted in order flow analysis — to help traders identify:
Candles with unusual volume spikes (possible absorption or exhaustion),
Medium/high volume continuation signals,
Areas where price might reverse or accelerate.
🛠️ It also offers the option to automatically draw horizontal lines from the open of the highest-volume candles, helping traders track potential institutional decision levels throughout the day.
⚙️ How to use:
Apply BTBar to a clean chart.
Customize the volume threshold levels (e.g., 300%, 400%, etc.).
Watch for highlighted candles — these indicate moments when volume significantly broke previous levels, marking potential points of interest or behavior shifts.
Use the optional horizontal lines as visual support/resistance levels derived from volume extremes.
🧠 Underlying concept:
BTBar uses a percentage-based volume comparison approach, inspired by techniques in footprint charts and volume spike detection.
This allows traders to visually spot key market reactions without relying on numeric overload or complex setups.
版本注释
BTBar DescriptionBTBar is a visual script designed to identify and highlight candles with abnormally high volume, making it easier for traders to spot pressure imbalances and key price areas during live market action.
🔍 The script compares the current candle’s volume to the previous one, and highlights candles that exceed specific percentage thresholds (customizable by the user) using distinct colors.
Rather than relying on generic trend or scalping strategies, BTBar is based on relative volume intensity detection — a concept rooted in order flow analysis — to help traders identify:
Candles with unusual volume spikes (possible absorption or exhaustion),
Medium/high volume continuation signals,
Areas where price might reverse or accelerate.
🛠️ It also offers the option to automatically draw horizontal lines from the open of the highest-volume candles, helping traders track potential institutional decision levels throughout the day.
⚙️ How to use:
Apply BTBar to a clean chart.
Customize the volume threshold levels (e.g., 300%, 400%, etc.).
Watch for highlighted candles — these indicate moments when volume significantly broke previous levels, marking potential points of interest or behavior shifts.
Use the optional horizontal lines as visual support/resistance levels derived from volume extremes.
🧠 Underlying concept:
BTBar uses a percentage-based volume comparison approach, inspired by techniques in footprint charts and volume spike detection.
This allows traders to visually spot key market reactions without relying on numeric overload or complex setups.
受保护脚本
此脚本以闭源形式发布。 但是，您可以自由使用，没有任何限制 — 了解更多信息这里。
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。
受保护脚本
此脚本以闭源形式发布。 但是，您可以自由使用，没有任何限制 — 了解更多信息这里。
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。