Volume Analysis v1.0

Volume Analysis v1.0 is a feature-rich volume indicator designed to help traders identify significant volume events at a glance. Volume bars are automatically colored based on price action (up, down, or neutral), while powerful detection algorithms highlight exceptional volume occurrences. HVE (Highest Volume Ever) marks the single highest volume bar in the instrument's entire history, while HVY (Highest Volume Year) identifies the highest volume bar of the current calendar year—both essential for spotting potential climactic or capitulation events. HVC (High Volume Close) flags bars where volume exceeds a user-defined multiple of the average volume (default 2x), helping you identify institutional activity or breakout confirmation. For traders focused on low-float momentum plays, the Float Rotation feature calculates what percentage of the float traded on each bar and displays visual markers when volume exceeds your threshold (e.g., 25% of float)—simply enter the stock's actual float shares to activate this powerful feature. A clean info table displays real-time metrics including current volume, average volume, highest volume ever, highest volume year, and current float rotation percentage. Every color, marker style, label size, and display option is fully customizable, and built-in alert conditions for HVE, HVY, HVC, and Float Rotation events ensure you never miss a significant volume spike. Perfect for momentum traders, swing traders, and anyone who understands that volume precedes price.