Volume Outlier Indicator

This indicator, "Volume Outlier Indicator," highlights significant volume spikes in your trading charts by coloring volume candles green when they exceed a user-defined threshold. It optionally compares volume to a 20-period moving average (multiplied by 1.5) to detect anomalies relative to recent activity. Ideal for day traders looking to spot unusual volume activity at specific points in time, it includes an alert feature to notify you of outliers. Customize the threshold and toggle the moving average comparison to suit your trading strategy.