Volume Category Indicator

11월 3일

This indicator analyzes historical volume data and categorizes each trading period into one of six levels: Outlier, Low, Below Average, Average, Above Average, or High.
How it works:

1. Filters out extremities - Excludes abnormal volume spikes/drops using standard deviation (default: 3σ threshold) to create a "clean" dataset
2. Calculates percentiles - Divides the clean volume distribution into quintiles (20th, 40th, 60th, 80th percentiles)
3. Reduces noise - Applies a 3-period moving average to volume to prevent rapid category changes
4. Categorizes current volume - Compares today's smoothed volume against historical percentiles to assign a category
5. Visual display - Shows volume bars in grayscale (darker = lower volume, lighter = higher volume) with an optional info table

Key parameters:

* Lookback Period (100): How many bars of history to analyze
* Smoothing (3): Moving average length to stabilize categories
* Outlier Threshold (3.0): Standard deviations for filtering extremes

The result is a stable, clean indicator that identifies whether current volume is genuinely low, average, or high relative to recent history—without being thrown off by occasional volume anomalies.

11월 3일

릴리즈 노트

Updated to allow user to see levels.

11월 3일

릴리즈 노트

Updated to show average return of every volume category.

11월 3일

릴리즈 노트

Adjusted average return to be 50x average return for significance.

11월 3일

릴리즈 노트

Allowed for custom placement of table and optional volume levels.

11월 3일

릴리즈 노트

Added compound return for the selected period.