OPEN-SOURCE SCRIPT

Volume Trend Analysis Pro

620
Key Features of Volume Analysis Script
1. Volume Threshold Detection
Identifies significant volume spikes
Compares current volume against 20-period moving average
Configurable sensitivity for precise signal generation
2. Trend Confirmation Mechanisms
Uses short and long-term moving averages
Validates volume signals with price action
Reduces false positive trading signals
3. Advanced Visualization
Color-coded volume bars
Triangular buy/sell signal markers
Clear visual representation of volume dynamics
4. Risk Management Components
Customizable volume threshold
Deviation sensitivity adjustment
Built-in alert conditions for real-time monitoring

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