OPEN-SOURCE SCRIPT
Cute Meguru Volume Bars (Enhanced • v5)
What it does
CVOLB+ paints volume bars by comparing price & volume now vs. lookback bars ago (LazyBear-style). You get five states:
Up + Vol Up = price ↑ and volume ↑ (accumulation)
Up + Vol Down = price ↑ but volume ↓ (weak up day)
Down + Vol Down = price ↓ and volume ↓ (weak sell)
Down + Vol Up = price ↓ and volume ↑ (distribution)
Neutral = none of the above
On top, it detects volume spikes using two filters you can use separately or combine:
SMA multiplier (volume > avgVolume × SpikeThreshold), and/or
Z-score (standardized surge above zThresh).
Choose OR (catch either condition) or AND (only the biggest, cleanest spikes). Spikes get a separate highlight layer (same bar, brighter color) plus an optional background tint. There’s also a Volume MA with three modes (Neutral Gray, Purple, or Slope-Aware that shifts mint/pink based on MA slope).
How to use it
Read the colors to gauge quality of moves (e.g., “Down + Vol Up” = classic distribution).
Use the Spike layer to flag events worth drilling into (breakouts, capitulation, news).
Slope-Aware MA helps you see when activity is trending higher or cooling off.
Intraday-only toggle lets you hide everything on higher timeframes if you want a pure day-trading tool.
Built-in alerts: “Spike Up” and “Spike Down” fire when spikes occur on up/down candles.
Tweak lookback, lenMA, and the spike thresholds to fit your instrument’s liquidity. Colors are fully customizable so you can match your chart theme.
CVOLB+ paints volume bars by comparing price & volume now vs. lookback bars ago (LazyBear-style). You get five states:
Up + Vol Up = price ↑ and volume ↑ (accumulation)
Up + Vol Down = price ↑ but volume ↓ (weak up day)
Down + Vol Down = price ↓ and volume ↓ (weak sell)
Down + Vol Up = price ↓ and volume ↑ (distribution)
Neutral = none of the above
On top, it detects volume spikes using two filters you can use separately or combine:
SMA multiplier (volume > avgVolume × SpikeThreshold), and/or
Z-score (standardized surge above zThresh).
Choose OR (catch either condition) or AND (only the biggest, cleanest spikes). Spikes get a separate highlight layer (same bar, brighter color) plus an optional background tint. There’s also a Volume MA with three modes (Neutral Gray, Purple, or Slope-Aware that shifts mint/pink based on MA slope).
How to use it
Read the colors to gauge quality of moves (e.g., “Down + Vol Up” = classic distribution).
Use the Spike layer to flag events worth drilling into (breakouts, capitulation, news).
Slope-Aware MA helps you see when activity is trending higher or cooling off.
Intraday-only toggle lets you hide everything on higher timeframes if you want a pure day-trading tool.
Built-in alerts: “Spike Up” and “Spike Down” fire when spikes occur on up/down candles.
Tweak lookback, lenMA, and the spike thresholds to fit your instrument’s liquidity. Colors are fully customizable so you can match your chart theme.
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。