Hidden Gap Volume

Indicator Name: Hidden Gap Volume

This indicator analyzes trading volume by comparing it to a moving average (MA) and standard deviation bands. It categorizes and color-codes volume bars to help traders visually detect unusual or significant volume activity, which may indicate hidden strength or weakness in the market.

Key Features:

📏 Volume MA & Standard Deviation: Uses a Simple Moving Average (SMA) and standard deviation to benchmark current volume.

📐 Volume Classification:

🔴 Very Low Volume: Significantly below the MA (potential No Supply / No Demand).

🟡 Low Volume: Slightly below the MA.

🟢 Normal Volume: Close to the MA (within a defined margin).

🔵 High Volume: Clearly above the MA.

⚫ Very High Volume: At or above the upper standard deviation band (possible climactic action).

📊 Color-coded Columns: Volume bars are colored based on their category for easy identification.

📈 Overlay Lines: Plots the volume moving average and upper bound to provide visual benchmarks.

This tool helps VSA (Volume Spread Analysis) traders spot hidden gaps and interpret volume behavior relative to historical norms.