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RG - Volume Spike Detector
RG - Volume Spike Detector is a comprehensive volume analysis tool designed to help traders identify significant volume activity across different tickers on TradingView. This indicator not only detects overall volume spikes and percentage changes but also approximates and analyzes buying and selling volume separately, providing valuable insights into market dynamics. With customizable parameters, visual cues, and built-in alerts, it's suitable for traders of all levels looking to monitor volume-based market movements.
Features
Volume Spike Detection:
Identifies when total volume exceeds a user-defined multiple of its moving average (default: 2x).
Separate detection for buying and selling volume spikes based on their respective moving averages.
Volume Change Analysis:
Calculates and displays the percentage change in total volume from the previous bar.
Highlights significant increases (>50%) or decreases (<-50%) with alert options.
Buy/Sell Volume Approximation:
Estimates buying and selling volume using price movement and range:
Up bars: Buying volume ≈ volume * (close - low)/(high - low)
Down bars: Selling volume ≈ volume * (close - low)/(high - low)
Handles edge cases (e.g., high = low) to ensure accurate calculations.
Ideal For
Day traders monitoring sudden volume surges
Swing traders analyzing volume trends
Market analysts studying buying vs. selling pressure
This indicator empowers traders with a robust tool to track volume dynamics, offering both visual clarity and actionable alerts for informed decision-making.
Features
Volume Spike Detection:
Identifies when total volume exceeds a user-defined multiple of its moving average (default: 2x).
Separate detection for buying and selling volume spikes based on their respective moving averages.
Volume Change Analysis:
Calculates and displays the percentage change in total volume from the previous bar.
Highlights significant increases (>50%) or decreases (<-50%) with alert options.
Buy/Sell Volume Approximation:
Estimates buying and selling volume using price movement and range:
Up bars: Buying volume ≈ volume * (close - low)/(high - low)
Down bars: Selling volume ≈ volume * (close - low)/(high - low)
Handles edge cases (e.g., high = low) to ensure accurate calculations.
Ideal For
Day traders monitoring sudden volume surges
Swing traders analyzing volume trends
Market analysts studying buying vs. selling pressure
This indicator empowers traders with a robust tool to track volume dynamics, offering both visual clarity and actionable alerts for informed decision-making.
開源腳本
本著TradingView的真正精神，此腳本的創建者將其開源，以便交易者可以查看和驗證其功能。向作者致敬！雖然您可以免費使用它，但請記住，重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
開源腳本
本著TradingView的真正精神，此腳本的創建者將其開源，以便交易者可以查看和驗證其功能。向作者致敬！雖然您可以免費使用它，但請記住，重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。