OPEN-SOURCE SCRIPT
VPS - Volume per Second — Transaction Speed Approximation
VPS — Volume-Per-Second (Transaction Speed Approximation)
(code from chatGPT)
This indicator measures the speed of trading activity by calculating volume per second (VPS) in real time. Instead of waiting for a bar to close, it samples how quickly volume accumulates during the current bar and converts it into a per-second rate.
What it does:
Displays instantaneous VPS (column plot) and a smoothed EMA (line).
Computes a rolling z-score of VPS to show how “fast” or “slow” current trading activity is compared to recent history.
Labels the chart in real time with “FAST,” “NORMAL,” or “SLOW” based on user-defined z-score thresholds.
Includes optional alerts when VPS spikes above or drops below your chosen thresholds.
Why it’s useful:
Spot sudden surges or drops in trading activity before the bar closes.
Detect aggressive buying/selling pressure or quiet zones in real time.
Use as a filter for entries, exits, or scalping strategies — e.g., trade only when VPS is FAST.
Important:
This is an approximation — TradingView does not expose individual transactions or true latency data.
Historical bars use average VPS for the entire bar; only real-time bars show tick-by-tick updates.
Works on any market where volume data is available.
(code from chatGPT)
This indicator measures the speed of trading activity by calculating volume per second (VPS) in real time. Instead of waiting for a bar to close, it samples how quickly volume accumulates during the current bar and converts it into a per-second rate.
What it does:
Displays instantaneous VPS (column plot) and a smoothed EMA (line).
Computes a rolling z-score of VPS to show how “fast” or “slow” current trading activity is compared to recent history.
Labels the chart in real time with “FAST,” “NORMAL,” or “SLOW” based on user-defined z-score thresholds.
Includes optional alerts when VPS spikes above or drops below your chosen thresholds.
Why it’s useful:
Spot sudden surges or drops in trading activity before the bar closes.
Detect aggressive buying/selling pressure or quiet zones in real time.
Use as a filter for entries, exits, or scalping strategies — e.g., trade only when VPS is FAST.
Important:
This is an approximation — TradingView does not expose individual transactions or true latency data.
Historical bars use average VPS for the entire bar; only real-time bars show tick-by-tick updates.
Works on any market where volume data is available.
开源脚本
本着TradingView的真正精神，此脚本的创建者将其开源，以便交易者可以查看和验证其功能。向作者致敬！虽然您可以免费使用它，但请记住，重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
开源脚本
本着TradingView的真正精神，此脚本的创建者将其开源，以便交易者可以查看和验证其功能。向作者致敬！虽然您可以免费使用它，但请记住，重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。