INVITE-ONLY SCRIPT
Volume Positive20
Title Suggestion:
Volume Logic for Yellow Breakout Candles
Description:
Overview
This indicator is a specialized volume analysis tool designed to work in synergy with specific price action setups. It focuses on identifying institutional volume activity during "Positive Breakout" phases, specifically when price momentum is moderate and controlled.
How it Works
The script monitors the relationship between price, its Simple Moving Average (SMA), and momentum. When a specific "Yellow Candle" setup occurs on the price chart (Price crossing over SMA with moderate momentum), this volume script highlights the corresponding volume bar in a distinct color (Yellow).
Key Features:
• Contextual Volume Coloring: Volume bars are dynamically colored based on price action. Standard bars follow bullish/bearish colors, while "Signal Volume" is highlighted to show professional interest.
• Liquidity Level Tracking: When a signal is triggered, the script plots a horizontal liquidity line (Volume Level) for a defined period. This helps traders visualize if subsequent volume is higher or lower than the initial breakout volume.
• Momentum Filtering: Unlike standard volume indicators, this tool filters out "exhaustion volume" by ensuring the price momentum is within a sustainable range (Momentum < 3).
How to Use
1. Identify the Signal: Look for the highlighted yellow volume bar.
2. Confirm with Price: Ensure the price chart shows a breakout above the SMA.
3. Analyze the Liquidity Line: Observe if the following bars maintain high relative volume to confirm the strength of the move.
Access
This is a private indicator. To gain access or learn more about the underlying strategy, please contact me via private message.
Volume Logic for Yellow Breakout Candles
Description:
Overview
This indicator is a specialized volume analysis tool designed to work in synergy with specific price action setups. It focuses on identifying institutional volume activity during "Positive Breakout" phases, specifically when price momentum is moderate and controlled.
How it Works
The script monitors the relationship between price, its Simple Moving Average (SMA), and momentum. When a specific "Yellow Candle" setup occurs on the price chart (Price crossing over SMA with moderate momentum), this volume script highlights the corresponding volume bar in a distinct color (Yellow).
Key Features:
• Contextual Volume Coloring: Volume bars are dynamically colored based on price action. Standard bars follow bullish/bearish colors, while "Signal Volume" is highlighted to show professional interest.
• Liquidity Level Tracking: When a signal is triggered, the script plots a horizontal liquidity line (Volume Level) for a defined period. This helps traders visualize if subsequent volume is higher or lower than the initial breakout volume.
• Momentum Filtering: Unlike standard volume indicators, this tool filters out "exhaustion volume" by ensuring the price momentum is within a sustainable range (Momentum < 3).
How to Use
1. Identify the Signal: Look for the highlighted yellow volume bar.
2. Confirm with Price: Ensure the price chart shows a breakout above the SMA.
3. Analyze the Liquidity Line: Observe if the following bars maintain high relative volume to confirm the strength of the move.
Access
This is a private indicator. To gain access or learn more about the underlying strategy, please contact me via private message.
仅限邀请脚本
只有作者授权的用户才能访问此脚本。您需要申请并获得使用许可。通常情况下，付款后即可获得许可。更多详情，请按照下方作者的说明操作，或直接联系qshm2030。
TradingView不建议您付费购买或使用任何脚本，除非您完全信任其作者并了解其工作原理。您也可以在我们的社区脚本找到免费的开源替代方案。
作者的说明
This script is a specialized volume analysis tool designed to synchronize price action breakouts with institutional volume patterns. It specifically monitors "Positive Breakout" signals characterized by a price crossover above the SMA while maintaining a
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。
仅限邀请脚本
只有作者授权的用户才能访问此脚本。您需要申请并获得使用许可。通常情况下，付款后即可获得许可。更多详情，请按照下方作者的说明操作，或直接联系qshm2030。
TradingView不建议您付费购买或使用任何脚本，除非您完全信任其作者并了解其工作原理。您也可以在我们的社区脚本找到免费的开源替代方案。
作者的说明
This script is a specialized volume analysis tool designed to synchronize price action breakouts with institutional volume patterns. It specifically monitors "Positive Breakout" signals characterized by a price crossover above the SMA while maintaining a
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。