Volume v3 by Koenigsegg

🔹 Overview
The Custom Volume Indicator is designed for traders who prefer to view volume in a dedicated sub-window below the price chart, similar to RSI or MACD. Unlike TradingView’s built-in volume indicator, which overlays directly on the main chart, this version provides a cleaner layout by displaying volume in a separate panel.

🔹 Why Use This Indicator?
While TradingView provides a default volume indicator, this version is built for traders who prefer a separate volume panel for improved clarity and focus. Key differences:
✅ Dedicated Lower Panel Display – Unlike the default volume indicator, this version is displayed in a standalone sub-window, keeping the price chart clear.
✅ Better Chart Visibility – Helps traders separate volume analysis from price action, making trend confirmation easier.

🔹 Features
✅ Displays volume in a separate panel below the price chart for a clearer trading view.
✅ Custom color-coded volume bars for bullish volume and bearish volume.
✅ Optional Volume Moving Average (MA) for tracking volume trends.
✅ Optional Smoothed Volume Moving Average (MA) for tracking volume trends
✅ Sound Alerts on Volume Spikes, Drops and more – Get notified of significant changes in volume.
✅ Built-in Alert Sound Options – Choose from different TradingView notification sounds.
✅ Customizable settings:
- Toggle the MA on/off as needed.
- Adjust the MA length (default: 20).
- Set alert thresholds for high or low volume warnings.

📊 How to Use
- Identify high-volume breakouts and low-volume consolidations.
- Use the Volume Moving Average to confirm trends and market participation.
- Spot bullish/bearish volume surges to strengthen trade decisions.

⚠️ Disclaimer
This indicator is for educational and informational purposes only. It does not provide financial advice or trade signals. Always conduct your own research before making any trading decisions.