OPEN-SOURCE SCRIPT

High Volume Vector Candles

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High Volume Vector Candles highlights candles where trading activity significantly exceeds the average, helping you quickly identify powerful moves driven by strong volume.

How it works:
- The script calculates a moving average of volume over a user-defined period.
- When current volume exceeds the chosen threshold (e.g. 150% of the average), the candle is marked as a high-volume event.
- Bullish high-volume candles are highlighted in blue tones, while bearish ones are shown in yellow, both with adjustable opacity.

This visualization makes it easier to spot potential breakout points, absorption zones, or institutional activity directly on your chart.

Customizable Settings:
• Moving average length
• Threshold percentage above average
• Bullish/Bearish highlight colors
• Opacity level

Ideal for traders who combine price action with volume analysis to anticipate market momentum.

Haftungsausschluss

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