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Whale Activity Detector (V20 - Candle-Relative Diamonds)
This indicator is to visualize the "footprints" of large institutional traders, often referred to as "whales." By monitoring spikes in trading volume relative to a long-term average, the indicator flags moments when significant capital is entering or exiting the market.
How the Indicator Works (The Logic)
Volume Threshold: It calculates a Moving Average (MA) of the recent volume (default 20 bars). This average is then multiplied by a Spike Multiplier (default 3.0x) to create a dynamic threshold.
Spike Detection: Any price bar whose total volume exceeds this threshold is flagged as a potential "Whale Activity" bar.
Direction Confirmation: The color of the signal is determined by the price action of that bar (close > open for buying/accumulation, or close < open for selling/distribution).
How the Indicator Works (The Logic)
Volume Threshold: It calculates a Moving Average (MA) of the recent volume (default 20 bars). This average is then multiplied by a Spike Multiplier (default 3.0x) to create a dynamic threshold.
Spike Detection: Any price bar whose total volume exceeds this threshold is flagged as a potential "Whale Activity" bar.
Direction Confirmation: The color of the signal is determined by the price action of that bar (close > open for buying/accumulation, or close < open for selling/distribution).
开源脚本
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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。