PROTECTED SOURCE SCRIPT
Comprehensive Volume Oscillator with Signal Table

I've created a comprehensive Pine Script indicator that includes:
Features:
Volume Oscillator:
Displays a volume oscillator in the lower pane
Shows overbought/oversold zones
Background shading for MFI extreme zones
Triangle markers for buy/sell signals
Volume-Based Scenarios:
Volume Spike - High volume with directional price movement
OBV Trend - On-Balance Volume trend analysis
VPT Trend - Volume Price Trend indicator
MFI - Money Flow Index (overbought/oversold)
OBV Divergence - Bullish/bearish divergences
Accumulation/Distribution - Smart money detection
Climactic Volume - Potential reversal zones
Overall Signal - Combined signal from all scenarios
Customizable Table:
Size options: Tiny, Small, Normal, Large
9 location options: All corners, edges, and center positions
Orientation: Vertical (stacked rows) or Horizontal (stacked columns)
Real-time updates with color-coded signals (Green=Buy, Red=Sell)
Settings:
Adjustable MA lengths for volume, price, and OBV
Customizable volume spike and dry-up thresholds
Alert conditions for buy/sell signals and climactic volume
The indicator provides a complete view of volume dynamics and generates actionable buy/sell signals based on multiple volume-based technical analysis methods!
Understanding the Signals
1. Overall Signal (Most Important)
The OVERALL row combines all volume scenarios. This is your primary signal:
🔼 BUY = Multiple bullish volume conditions align
🔽 SELL = Multiple bearish volume conditions align
— = No clear signal, stay out or hold position
2. Individual Scenario Interpretation
Volume Spike:
Shows current volume vs. average (e.g., "2.5x" means 2.5 times normal volume)
BUY: High volume + price rising = Strong buying pressure ✅
SELL: High volume + price falling = Strong selling pressure ❌
OBV Trend (On-Balance Volume):
Tracks cumulative buying/selling pressure
BUY: OBV rising = Accumulation phase
SELL: OBV falling = Distribution phase
VPT Trend (Volume Price Trend):
Combines volume and price changes
Confirms trend strength with volume
MFI (Money Flow Index):
Shows the actual value (0-100)
BUY: MFI < 20 = Oversold, potential reversal up
SELL: MFI > 80 = Overbought, potential reversal down
OBV Divergence:
Most powerful reversal signal
BUY: Price falling but OBV rising = Hidden accumulation
SELL: Price rising but OBV falling = Hidden distribution
Accum/Distrib:
BUY (Accumulation): Smart money quietly buying
SELL (Distribution): Smart money quietly selling
Climactic Volume:
ALERT: Extreme volume spike = Potential trend exhaustion/reversal
📊 Understanding the Volume Oscillator
The Blue Line (Main Oscillator)
This is the Volume Oscillator that measures the difference between short-term and long-term volume averages:
Formula: (5-period Vol MA - 10-period Vol MA) / 10-period Vol MA × 100
What it shows:
Above 0 = Recent volume is higher than average (buying/selling activity increasing)
Below 0 = Recent volume is lower than average (market quieting down)
Steep rises = Sudden volume surge
Steep falls = Volume drying up quickly
🎯 Key Horizontal Lines
Gray Dashed Line at 0 (Zero Line)
Neutral point - volume is at equilibrium
Crossing above 0 = Volume expanding (market getting active)
Crossing below 0 = Volume contracting (market getting quiet)
Best trades happen when oscillator crosses 0 with a signal
Red Dotted Line at +20 (Overbought Zone)
Extreme high volume relative to average
Volume is 20% or more above normal
Interpretation:
If with price rally = Strong buying, but watch for exhaustion
If with price drop = Panic selling or capitulation
Climactic volume often occurs here
Caution: Extreme volume can signal reversal is near
Green Dotted Line at -20 (Oversold Zone)
Extremely low volume relative to average
Volume is 20% or less below normal
Interpretation:
Market is quiet/consolidating
Low participation - moves may not be trustworthy
Often occurs before breakouts (calm before storm)
Opportunity: Wait for volume to return before entering
🎨 Background Shading
Light Red Background
MFI > 80 (Money Flow Index overbought)
Money is flowing in heavily
Warning: Potential top forming, reversal likely
Light Green Background
MFI < 20 (Money Flow Index oversold)
Money flow is weak/exhausted
Opportunity: Potential bottom forming, reversal up likely
📍 Triangle Signals on Oscillator
Green Triangle (▲)
BUY signal triggered
Multiple bullish volume conditions aligned
Entry point for long positions
Appears at the oscillator's current value
Red Triangle (▼)
SELL signal triggered
Multiple bearish volume conditions aligned
Exit/short point
Appears at the oscillator's current value
Features:
Volume Oscillator:
Displays a volume oscillator in the lower pane
Shows overbought/oversold zones
Background shading for MFI extreme zones
Triangle markers for buy/sell signals
Volume-Based Scenarios:
Volume Spike - High volume with directional price movement
OBV Trend - On-Balance Volume trend analysis
VPT Trend - Volume Price Trend indicator
MFI - Money Flow Index (overbought/oversold)
OBV Divergence - Bullish/bearish divergences
Accumulation/Distribution - Smart money detection
Climactic Volume - Potential reversal zones
Overall Signal - Combined signal from all scenarios
Customizable Table:
Size options: Tiny, Small, Normal, Large
9 location options: All corners, edges, and center positions
Orientation: Vertical (stacked rows) or Horizontal (stacked columns)
Real-time updates with color-coded signals (Green=Buy, Red=Sell)
Settings:
Adjustable MA lengths for volume, price, and OBV
Customizable volume spike and dry-up thresholds
Alert conditions for buy/sell signals and climactic volume
The indicator provides a complete view of volume dynamics and generates actionable buy/sell signals based on multiple volume-based technical analysis methods!
Understanding the Signals
1. Overall Signal (Most Important)
The OVERALL row combines all volume scenarios. This is your primary signal:
🔼 BUY = Multiple bullish volume conditions align
🔽 SELL = Multiple bearish volume conditions align
— = No clear signal, stay out or hold position
2. Individual Scenario Interpretation
Volume Spike:
Shows current volume vs. average (e.g., "2.5x" means 2.5 times normal volume)
BUY: High volume + price rising = Strong buying pressure ✅
SELL: High volume + price falling = Strong selling pressure ❌
OBV Trend (On-Balance Volume):
Tracks cumulative buying/selling pressure
BUY: OBV rising = Accumulation phase
SELL: OBV falling = Distribution phase
VPT Trend (Volume Price Trend):
Combines volume and price changes
Confirms trend strength with volume
MFI (Money Flow Index):
Shows the actual value (0-100)
BUY: MFI < 20 = Oversold, potential reversal up
SELL: MFI > 80 = Overbought, potential reversal down
OBV Divergence:
Most powerful reversal signal
BUY: Price falling but OBV rising = Hidden accumulation
SELL: Price rising but OBV falling = Hidden distribution
Accum/Distrib:
BUY (Accumulation): Smart money quietly buying
SELL (Distribution): Smart money quietly selling
Climactic Volume:
ALERT: Extreme volume spike = Potential trend exhaustion/reversal
📊 Understanding the Volume Oscillator
The Blue Line (Main Oscillator)
This is the Volume Oscillator that measures the difference between short-term and long-term volume averages:
Formula: (5-period Vol MA - 10-period Vol MA) / 10-period Vol MA × 100
What it shows:
Above 0 = Recent volume is higher than average (buying/selling activity increasing)
Below 0 = Recent volume is lower than average (market quieting down)
Steep rises = Sudden volume surge
Steep falls = Volume drying up quickly
🎯 Key Horizontal Lines
Gray Dashed Line at 0 (Zero Line)
Neutral point - volume is at equilibrium
Crossing above 0 = Volume expanding (market getting active)
Crossing below 0 = Volume contracting (market getting quiet)
Best trades happen when oscillator crosses 0 with a signal
Red Dotted Line at +20 (Overbought Zone)
Extreme high volume relative to average
Volume is 20% or more above normal
Interpretation:
If with price rally = Strong buying, but watch for exhaustion
If with price drop = Panic selling or capitulation
Climactic volume often occurs here
Caution: Extreme volume can signal reversal is near
Green Dotted Line at -20 (Oversold Zone)
Extremely low volume relative to average
Volume is 20% or less below normal
Interpretation:
Market is quiet/consolidating
Low participation - moves may not be trustworthy
Often occurs before breakouts (calm before storm)
Opportunity: Wait for volume to return before entering
🎨 Background Shading
Light Red Background
MFI > 80 (Money Flow Index overbought)
Money is flowing in heavily
Warning: Potential top forming, reversal likely
Light Green Background
MFI < 20 (Money Flow Index oversold)
Money flow is weak/exhausted
Opportunity: Potential bottom forming, reversal up likely
📍 Triangle Signals on Oscillator
Green Triangle (▲)
BUY signal triggered
Multiple bullish volume conditions aligned
Entry point for long positions
Appears at the oscillator's current value
Red Triangle (▼)
SELL signal triggered
Multiple bearish volume conditions aligned
Exit/short point
Appears at the oscillator's current value
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보호된 스크립트입니다
이 스크립트는 비공개 소스로 게시됩니다. 하지만 제한 없이 자유롭게 사용할 수 있습니다 — 여기에서 자세히 알아보기.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.