TRIVI(Trend Risk Institutional Volume Indicator)

TRIVI – Trend Risk Institutional Volume Indicator

This custom indicator combines price momentum, volume spikes, and trend strength into one powerful tool — ideal for traders who want to visually assess the health of a stock at a glance.

✅ What's Included

1. 📈 Swing Momentum

Momentum-based strength (similar to RSI)
Plotted with color-coded bars:
🟩 Green = bullish momentum
🟥 Red = bearish momentum
Helps identify trend shifts and potential entry/exit points

2. 🔥 Institutional Volume Spikes (IV Zones)

Highlights candles with exceptionally high volume and strong close
Auto-plots support/resistance zones based on past institutional buying/selling
Useful for breakout and liquidity-based traders

3. 📊 TPR Score (Trend + Power + Risk)

Combines trend structure, relative strength vs benchmark (e.g., SPX), and volatility
Color bands on the chart indicate:

🟢 Strong Trend
🟠 Neutral Zone
🔴 Weak or Risky Trend

Perfect for aligning trades with market strength

Smart Metrics Table (Top Right)
Shows live values like:

• TPR Score – Combines trend strength, price power, and risk to assess overall technical quality.
  
• RS Rank – Ranks the stock’s relative strength vs. benchmark (e.g., NIFTY) from 0 to 100.
  
• IV Range vs ADR – Compares institutional volume zone range to average daily range for volatility insight.
  
• Relative Volume (%) – Shows current volume strength vs. average volume.
  
• EMA Gap – Distance between price and key EMAs, helping assess momentum extension.
  
• MA Trend Confirm – Confirms if short/long-term moving averages are aligned for trend confirmation.
  

• Chart Back Ground - Captures short- and long-term momentum shifts; green for strength, red for weakness.
  
• TPR Ribbon – Color-coded (green/orange/red) to quickly visualize overall technical rating based on trend, power, and risk.
  

📈 Volume Conditions -Ribbon
Color-coded volume bars highlight key activity:

Green for above-average volume,
Orange for weak volume,
Black for sudden spikes (1.5x previous),
Blue for strong institutional spikes (3x 50-SMA),
helping traders spot accumulation or exhaustion.

🚀 How This Helps You

Quickly assess whether a stock is under accumulation, trending, or weakening
Visual confirmation of volume-based entry points
Stay on the right side of trend using the TPR score logic
Suitable for swing traders, breakout traders, and momentum investors

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