PROTECTED SOURCE SCRIPT
volume Pattern extremum

This Pine Script indicator detects potential local tops/bottoms when price makes a strong move on relatively low aggregated volume + long rejection wick.
Core logic in brief:
• Calculates z-scores for: • Price (average of high/close/low) • Combined volume (spot + perp)
• Signal conditions: • Strong price impulse: z_price > +1.5 (top) or < –1.5 (bottom) • Volume not extreme: z_volume < +1.0 (relatively low/normal) • Candle has long wick: ≥70% of range (upper for top, lower for bottom)
• Plots small white triangles above (potential top) / below (potential bottom)
Main idea:
Significant price rejection on not very high volume with clear wick structure — often a sign of exhaustion, trap or weak move that may reverse.
Core logic in brief:
• Calculates z-scores for: • Price (average of high/close/low) • Combined volume (spot + perp)
• Signal conditions: • Strong price impulse: z_price > +1.5 (top) or < –1.5 (bottom) • Volume not extreme: z_volume < +1.0 (relatively low/normal) • Candle has long wick: ≥70% of range (upper for top, lower for bottom)
• Plots small white triangles above (potential top) / below (potential bottom)
Main idea:
Significant price rejection on not very high volume with clear wick structure — often a sign of exhaustion, trap or weak move that may reverse.
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。
t.me/bidagor
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。
t.me/bidagor
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。