OPEN-SOURCE SCRIPT
Enhanced Volume w/ Pocket Pivots, Milestones & Liquidity

Sure! Here’s a professional and clear **description** you can use when saving or publishing the script on TradingView:
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## 📄 Script Description: *Enhanced Volume w/ Pocket Pivots, Milestones & Liquidity*
This custom volume indicator enhances the default volume view by combining key institutional-level insights into a single tool. It highlights meaningful volume activity, liquidity conditions, and milestone events to help traders better understand accumulation/distribution and smart money participation.
### 🔍 Features:
* **Color-coded volume bars**:
* 🔵 **Pocket Pivot Volume (PPV)**: Up-day with volume > highest down-day volume of last 10 bars.
* 🟢 **Up Volume**: Up-day with volume > 50-day average.
* 🔴 **Down Volume**: Down-day with volume > 50-day average.
* 🟠 **Dry Volume**: Low-volume bars < 20% of 50-day average.
* ⚫ **Neutral/Other bars**: No significant signal.
* **Volume Milestones**:
* **HVE**: Highest volume ever (20 years lookback).
* **HVY**: Highest volume in the past 1 year (252 bars).
* **HVQ**: Highest volume in the past quarter (63 bars).
* **Projected Volume**:
* Real-time estimate of end-of-day volume based on elapsed session time.
* **Liquidity Metrics**:
* Displays current and 50-day average dollar volume.
* Estimates 1-minute liquidity for large-position feasibility.
* **Relative Volume Label**:
* Displays how today’s volume compares to the 50-day average.
* **Alerts Included**:
* Set alerts for HVE, HVY, and HVQ to catch key breakout or climactic volume events.
---
### 🧠 Ideal For:
* Growth stock traders
* Volume/price analysts
* Intraday & swing traders
* Institutions or prop traders needing liquidity benchmarks
---
Let me know if you'd like a short or promotional version (for sharing with others).
---
## 📄 Script Description: *Enhanced Volume w/ Pocket Pivots, Milestones & Liquidity*
This custom volume indicator enhances the default volume view by combining key institutional-level insights into a single tool. It highlights meaningful volume activity, liquidity conditions, and milestone events to help traders better understand accumulation/distribution and smart money participation.
### 🔍 Features:
* **Color-coded volume bars**:
* 🔵 **Pocket Pivot Volume (PPV)**: Up-day with volume > highest down-day volume of last 10 bars.
* 🟢 **Up Volume**: Up-day with volume > 50-day average.
* 🔴 **Down Volume**: Down-day with volume > 50-day average.
* 🟠 **Dry Volume**: Low-volume bars < 20% of 50-day average.
* ⚫ **Neutral/Other bars**: No significant signal.
* **Volume Milestones**:
* **HVE**: Highest volume ever (20 years lookback).
* **HVY**: Highest volume in the past 1 year (252 bars).
* **HVQ**: Highest volume in the past quarter (63 bars).
* **Projected Volume**:
* Real-time estimate of end-of-day volume based on elapsed session time.
* **Liquidity Metrics**:
* Displays current and 50-day average dollar volume.
* Estimates 1-minute liquidity for large-position feasibility.
* **Relative Volume Label**:
* Displays how today’s volume compares to the 50-day average.
* **Alerts Included**:
* Set alerts for HVE, HVY, and HVQ to catch key breakout or climactic volume events.
---
### 🧠 Ideal For:
* Growth stock traders
* Volume/price analysts
* Intraday & swing traders
* Institutions or prop traders needing liquidity benchmarks
---
Let me know if you'd like a short or promotional version (for sharing with others).
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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。