Volume Percentile

14 giu

This Pine Script indicator highlights bars where the current volume exceeds a configurable percentile threshold (e.g., 80th percentile) based on a rolling window of historical volume data.

🔍 Key Features:
Calculates a user-defined volume percentile (e.g., 75th, 80th, 90th) over a rolling window.

Marks candles where current volume is higher than the selected percentile.

Helps detect volume spikes, breakouts, or unusual activity.

Works directly on the main chart window for easier analysis.

🛠️ Inputs:
Window Length: Number of bars used to calculate the percentile (default = 20).

Percentile: The percentile threshold to trigger a high-volume signal (default = 80).

🖥️ Visualization:
Displays a red triangle marker below bars with volume above the selected percentile.

14 giu

Note di rilascio

This Pine Script indicator highlights bars where the current volume exceeds a configurable percentile threshold (e.g., 80th percentile) based on a rolling window of historical volume data.

🔍 Key Features:
Calculates a user-defined volume percentile (e.g., 75th, 80th, 90th) over a rolling window.

Marks candles where current volume is higher than the selected percentile.

Helps detect volume spikes, breakouts, or unusual activity.

Works directly on the main chart window for easier analysis.

🛠️ Inputs:
Window Length: Number of bars used to calculate the percentile (default = 20).

Percentile: The percentile threshold to trigger a high-volume signal (default = 80).

🖥️ Visualization:
Displays a red triangle marker below bars with volume above the selected percentile.

Designed for use on the main price chart (overlay=true).

14 giu

Note di rilascio

This Pine Script indicator highlights bars where the current volume exceeds a configurable percentile threshold (e.g., 80th percentile) based on a rolling window of historical volume data.

🔍 Key Features:
Calculates a user-defined volume percentile (e.g., 75th, 80th, 90th) over a rolling window.

Marks candles where current volume is higher than the selected percentile.

Helps detect volume spikes, breakouts, or unusual activity.

Works directly on the main chart window for easier analysis.

🛠️ Inputs:
Window Length: Number of bars used to calculate the percentile (default = 20).

Percentile: The percentile threshold to trigger a high-volume signal (default = 80).

🖥️ Visualization:
Displays a red triangle marker below bars with volume above the selected percentile.

Designed for use on the main price chart (overlay=true).

21 giu

Note di rilascio

This Pine Script indicator displays a line representing a user-defined volume percentile (e.g., 80th percentile) based on a rolling window of historical volume data. It does not highlight specific bars where the volume exceeds the threshold.

📌 Important Note:
This indicator is designed to work only in a separate pane (indicator chart) and not directly on the main price chart.

🔍 Key Features:

Calculates a configurable volume percentile (e.g., 75th, 80th, 90th) over a rolling window.

Plots a horizontal line at the calculated percentile level, providing a visual reference for high-volume thresholds.

Useful for identifying general volume pressure zones, trends, or abnormal market activity.

🛠️ Inputs:

Window Length: Number of bars used for the rolling percentile calculation (default = 20).

Percentile: Volume percentile to compute and display (default = 80).

🖥️ Visualization:

Plots a horizontal line at the volume level corresponding to the selected percentile.

Does not mark individual bars where volume exceeds the threshold.

Must be added to a separate indicator pane, not as an overlay on the price chart.