Artharjan High Volume Zones v2

Artharjan High Volume Zones (AHVZ)

The Artharjan High Volume Zones (AHVZ) indicator is designed to identify, highlight, and track price zones formed during exceptionally high-volume bars. These levels often act as critical support and resistance zones, revealing where institutions or large players have shown significant interest.

By combining both short-term (ST) and long-term (LT) high-volume zones, the tool enables traders to align intraday activity with broader market structures.

Core Purpose

Markets often leave behind footprints in the form of high-volume bars. The AHVZ indicator captures these footprints and projects their influence forward, allowing traders to spot zones of liquidity, accumulation, or distribution where future price reactions are likely.

Key Features
🔹 Short-Term High Volume Zones (ST-ZoI)

Identifies the highest-volume bar within a short-term lookback period (default: 22 bars).

Draws and maintains:

Upper & Lower Bounds of the high-volume candle.

Midpoint Line (M-P) as the zone’s equilibrium.

Buffer Zones above and below for intraday flexibility (percentage-based).

Highlights these zones visually for quick intraday decision-making.

🔹 Long-Term High Volume Zones (LT-ZoI)

Scans for the highest-volume bar in a long-term lookback period (default: 252 bars).

Similar plotting structure as ST-ZoI: Upper, Lower, Midpoint, and Buffers.

Useful for identifying institutional footprints and multi-week/month accumulation zones.

🔹 Dynamic Buffering

Daily/Weekly/Monthly charts: Adds a fixed percentage buffer above and below high-volume zones.

Intraday charts: Uses price-range based buffers, scaling zones more adaptively to volatility.

🔹 Visual Customization

Independent color settings for ST and LT zones, mid-range lines, and buffers.

Adjustable plot thickness for clarity across different chart styles.

How It Helps

Intraday Traders

Use ST zones to pinpoint short-term supply/demand clusters.

Trade rejections or breakouts near these high-volume footprints.

Swing/Positional Traders

Align entries with LT zones to stay on the side of institutional flows.

Spot areas where price may stall, reverse, or consolidate.

General Market Structure Analysis

Understand where volume-backed conviction exists in the chart.

Avoid trading into hidden walls of liquidity by recognizing prior high-volume zones.

Closing Note

The Artharjan High Volume Zones indicator acts as a volume map of the market, giving traders a deeper sense of where meaningful battles between buyers and sellers took place. By combining short-term noise filtering with long-term structural awareness, it empowers traders to make more informed, disciplined decisions.

With Thanks,
Rrahul Desai Artharjan