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מעודכן Volume Spikes + Daily VWAP SD Bands
Volume Spikes + Daily VWAP SD Bands [SB1]
This indicator combines volume spike detection to help traders identify potential absorption zones with daily VWAP and standard deviation bands , key price levels, continuation opportunities, and possible institutional bias.
Features:
Volume Spike Detection
Highlights candles with unusually high volume relative to a configurable SMA.
Optional filters:
Local highs/lows only (Only Use Valid Highs & Lows)
Candle shapes: Hammer / Shooter only
Candle color match: bullish spikes on green, bearish on red
Plots small circles above/below bars for bullish and bearish volume spikes.
Alerts available for both bullish and bearish spikes.
Interpretation: Volume spikes at local highs/lows can indicate absorption, where one side absorbs aggressive buying/selling pressure.
Daily VWAP
Calculates volume-weighted average price (VWAP) for the current day.
Optionally shows previous day’s VWAP for reference.
Plot lines are customizable with optional circles on lines for visual clarity.
Labels on the last bar show exact VWAP values.
Institutional Bias Insight: Price above both current and previous VWAPs may indicate bullish positioning; price below both VWAPs may indicate bearish positioning. Many professional traders consider this a clue to institutional bias, but it’s not guaranteed. Always confirm with volume, delta, or orderflow analysis.
Standard Deviation Bands
Optional x1 and x2 SD bands around the daily VWAP.
Visual fill between bands shows price volatility zones.
Can be used to identify potential support/resistance or absorption zones.
Use Case: Price bounces off first SD band may indicate continuation signals, especially when volume spikes occur at those levels.
Customizable Visuals
Colors for bullish and bearish volume spikes
VWAP and SD band colors and thickness
Optional circles and filled bands for better readability
Alerts
Bullish / Bearish Volume Spikes
Supports TradingView alert system for automated notifications
Advanced Use Cases:
Combine with Cumulative Delta or Orderflow tools to confirm true absorption zones.
Identify high-volume rejection candles signaling possible trend continuation.
Use VWAP positioning relative to price to assess potential institutional bias, keeping in mind it is probabilistic, not guaranteed.
Visualize intraday VWAP levels and volatility with SD bands for better trade timing.
Settings: Fully customizable, including volume multiplier, SMA length, session filter, candle shape, color options, and VWAP/SD display preferences.
This indicator combines volume spike detection to help traders identify potential absorption zones with daily VWAP and standard deviation bands , key price levels, continuation opportunities, and possible institutional bias.
Features:
Volume Spike Detection
Highlights candles with unusually high volume relative to a configurable SMA.
Optional filters:
Local highs/lows only (Only Use Valid Highs & Lows)
Candle shapes: Hammer / Shooter only
Candle color match: bullish spikes on green, bearish on red
Plots small circles above/below bars for bullish and bearish volume spikes.
Alerts available for both bullish and bearish spikes.
Interpretation: Volume spikes at local highs/lows can indicate absorption, where one side absorbs aggressive buying/selling pressure.
Daily VWAP
Calculates volume-weighted average price (VWAP) for the current day.
Optionally shows previous day’s VWAP for reference.
Plot lines are customizable with optional circles on lines for visual clarity.
Labels on the last bar show exact VWAP values.
Institutional Bias Insight: Price above both current and previous VWAPs may indicate bullish positioning; price below both VWAPs may indicate bearish positioning. Many professional traders consider this a clue to institutional bias, but it’s not guaranteed. Always confirm with volume, delta, or orderflow analysis.
Standard Deviation Bands
Optional x1 and x2 SD bands around the daily VWAP.
Visual fill between bands shows price volatility zones.
Can be used to identify potential support/resistance or absorption zones.
Use Case: Price bounces off first SD band may indicate continuation signals, especially when volume spikes occur at those levels.
Customizable Visuals
Colors for bullish and bearish volume spikes
VWAP and SD band colors and thickness
Optional circles and filled bands for better readability
Alerts
Bullish / Bearish Volume Spikes
Supports TradingView alert system for automated notifications
Advanced Use Cases:
Combine with Cumulative Delta or Orderflow tools to confirm true absorption zones.
Identify high-volume rejection candles signaling possible trend continuation.
Use VWAP positioning relative to price to assess potential institutional bias, keeping in mind it is probabilistic, not guaranteed.
Visualize intraday VWAP levels and volatility with SD bands for better trade timing.
Settings: Fully customizable, including volume multiplier, SMA length, session filter, candle shape, color options, and VWAP/SD display preferences.
הערות שחרור
change line 8 from true to false for more signals הערות שחרור
Volume Spikes + Daily VWAP Standard Deviation Bands with DashboardThis indicator combines Volume Spike Detection with Daily VWAP & Standard Deviation Bands, enhanced with a real-time Dashboard and Volume Strength meter for intraday decision-making.
🔹 Features:
Daily VWAP with 2 Deviation Bands
Tracks mean reversion and volatility.
Identifies overextension beyond VWAP ± SD1, SD2 levels.
Volume Spike Detection
Highlights bullish and bearish spikes when volume exceeds a user-defined multiplier of the volume SMA.
Separate color settings for bullish vs bearish spikes.
Wick-Only Mode: Signals print only when candle wicks extend outside VWAP bands but candle bodies remain inside.
Intraday Dashboard
Shows current bias:
🟢 Bullish (price above VWAP)
🔴 Bearish (price below VWAP)
⚪ Neutral (price near VWAP or inside SD1)
Updates in real-time with every bar.
Helps quickly gauge intraday directional context without needing to check chart position manually.
Volume Strength Meter
Displays live volume conditions for the current candle relative to the average (SMA).
Readout is expressed as a multiplier of the baseline volume SMA (e.g., 1.8x = 80% stronger than normal volume).
Highlights when volume reaches exhaustion levels, aligning with VWAP band tests.
Alerts
Trigger on volume spike events or when price crosses/extends beyond VWAP deviation bands.
Useful for automated trade monitoring.
🔹 Use Cases:
Spot exhaustion or continuation setups when price + volume extend beyond VWAP bands.
Confirm reversals with wick-only outside band signals.
Monitor bias + volume conditions in real-time using the Dashboard instead of constantly scanning charts.
Combine with orderflow, CVD, and liquidity sweeps for stronger execution confirmation.
⚙️ Inputs & Customization:
Volume Multiplier – Threshold for spike detection.
Volume SMA Length – Baseline volume for comparison.
Bullish/Bearish Spike Colors – Choose separately.
Wick-Only Toggle – Restrict signals to wick-only outside bands.
VWAP Band Settings – Adjust up to 3 standard deviations.
Dashboard Options – Customize placement, text size, and colors.
הערות שחרור
vol_strength Percent of Avg Volume Description1.5 – 2.0 150% – 200% Mild spike – just above threshold, slightly elevated activity
2.0 – 3.0 200% – 300% Strong spike – unusual participation, noticeable pressure
3.0 – 4.0 300% – 400% Very strong spike – heavy involvement, possible start of major move
4.0 – 5.0 400% – 500% Extreme spike – often news-driven or aggressive buying/selling
5.0 – 7.0 500% – 700% Massive spike – high likelihood of short-term exhaustion or liquidity grab
7.0 – 10.0 700% – 1000% Exceptional spike – usually represents panic moves, liquidation, or institutional flows
10.0 – 15.0 1000% – 1500% Rare spike – almost always driven by unusual events or market anomalies
15.0 – 20.0 1500% – 2000% Ultra-rare spike – likely catastrophic news, major stop runs, or sudden liquidity vacuum
20.0+ 2000%+ Legendary spike – extreme outlier, usually intrabar flash events, not sustainable
הערות שחרור
The Liquidity Sweep feature identifies potential stop-hunting moves or liquidity grabs by the market. It highlights areas where price targets clusters of stop-loss orders (e.g., just above recent highs or below recent lows) and then either reverses or continues the trend.Key components of the detection:
Pivot Detection:
The script calculates swing highs (ph) and swing lows (pl) using a user-defined len (number of bars).
These pivots represent local highs/lows where liquidity may accumulate.
Sweep Types:
The script can detect three types (controlled by the opt input):
Only Wicks: Highlights wicks that temporarily breach pivot levels, showing potential liquidity grabs.
Only Outbreaks & Retest: Detects price breaking the pivot, then retesting it.
Wicks + Outbreaks & Retest: Combines both methods for maximum detection.
Break & Mitigation Flags:
brk: Marks that the pivot was broken.
mit: Marks that the sweep has been mitigated (price reversed back).
tak: Marks when the sweep area has been “taken” or invalidated.
Visualization:
Sweeps are highlighted with colored boxes and lines: green for bullish sweeps, red for bearish sweeps.
Optional extensions show the sweep area forward until price invalidates it or reaches a maximum bar length.
Alerts:
Bullish Sweep: Triggered when a low pivot is targeted and liquidity is grabbed above it.
Bearish Sweep: Triggered when a high pivot is targeted and liquidity is grabbed below it.
Alerts can fire real-time if TradingView alert is set with “Notify on every tick” (realtime=true).
Practical Use:
Traders can combine sweep signals with volume spikes, Cumulative Delta flips, VWAP, and SD bands to identify potential entries or liquidity exhaustion points.
Especially useful for spotting stop-hunts before price reversals.
הערות שחרור
Alert added for current candle volume exceeding 1.10 in dashboard 110% on current live candle.הערות שחרור
Release Notes – Version Update1. New Combined Alert:
A new alert has been added that triggers only when both conditions occur on the same candle:
Bullish Combo: Bullish Wick Sweep AND Bullish Volume Spike
Bearish Combo: Bearish Wick Sweep AND Bearish Volume Spike
This allows traders to identify high-probability setups where both wick aggression and volume strength confirm the same bias.
2. Volume Strength Update:
The volume strength threshold has been updated to:
Multiplier: 1.50
Percent of Average Volume: 150%
Meaning:
This sets the detection threshold so that only volume spikes 1.5× the average volume (or 150% of normal activity) are flagged.
Ensures that minor volume fluctuations do not trigger alerts, focusing attention on meaningful, above-average market activity.
Summary:
Users now have an additional high-confidence alert for simultaneous wick sweep + volume spike events.
Volume Strength detection is tuned to 1.50 / 150%, highlighting stronger market participation.
הערות שחרור
📢 Release Notes – Liquidity Sweeps + Volume Spikes Combo Update🔧 Improvements
Combo Alerts Added
✅ Bullish Combo alert now triggers only when a Bullish Wick Sweep and a Bullish Volume Spike occur on the same candle.
❌ Bearish Combo alert now triggers only when a Bearish Wick Sweep and a Bearish Volume Spike occur on the same candle.
Volume Spike Alignment Fixed
Volume spike checks no longer use a [1] bar shift.
Spike markers and alerts now display and trigger on the same bar where the spike occurs, ensuring 1:1 alignment with sweeps.
Dot Cross Alerts Introduced
📈 Bullish Dot Cross alert: Fires when price closes above the sweep dot after a Bullish Combo.
📉 Bearish Dot Cross alert: Fires when price closes below the sweep dot after a Bearish Combo.
📊 Volume Strength
Volume spike detection is tuned to 1.50 / 150% of average volume.
This highlights stronger-than-normal market participation and filters out weaker moves.
הערות שחרור
📌 Update Notes🔔 New Alert Added
Price Discovery Alert
Triggered when price closes outside the ±1 Standard Deviation Band around Daily VWAP.
Alerts for both upper breakout (bullish discovery) and lower breakdown (bearish discovery)
הערות שחרור
Update: Price Discovery ModeNew Feature:
Added Price Discovery alert for candles closing outside the Daily VWAP ±1 standard deviation band.
Alerts are limited to the first 2 consecutive bars meeting the condition to reduce alert spam.
Helps identify potential breakouts and strong directional momentum.
Note:
Alerts reset once price closes back inside the VWAP ±1 SD band.
סקריפט קוד פתוח
ברוח TradingView אמיתית, היוצר של הסקריפט הזה הפך אותו לקוד פתוח, כך שסוחרים יכולים לבדוק ולאמת את הפונקציונליות שלו. כל הכבוד למחבר! למרות שאתה יכול להשתמש בו בחינם, זכור שפרסום מחדש של הקוד כפוף לכללי הבית שלנו.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
סקריפט קוד פתוח
ברוח TradingView אמיתית, היוצר של הסקריפט הזה הפך אותו לקוד פתוח, כך שסוחרים יכולים לבדוק ולאמת את הפונקציונליות שלו. כל הכבוד למחבר! למרות שאתה יכול להשתמש בו בחינם, זכור שפרסום מחדש של הקוד כפוף לכללי הבית שלנו.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.