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Volume Channel Flow [ChartPrime]

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⯁ OVERVIEW — Volume Channel Flow [ChartPrime]
The Volume Channel Flow indicator dynamically tracks evolving trend channels while simultaneously analyzing volume distribution within each channel segment.
By combining adaptive volatility-based channel boundaries with real-time volume profiling, the tool highlights directional bias, structural breakouts, and zones where buy/sell pressure is concentrated.

This makes it a powerful hybrid of a trend-tracking system and a miniature volume-profile engine that updates live as the market moves.

⯁ CONCEPTS
  • Dynamic Volatility Channel:
    Upper and lower channel levels are continuously recalculated using ATR. These levels shift only when price breaks outside the previous channel, signaling a trend transition.
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  • Channel Segmentation:
    When a channel shift occurs, the previous segment is closed and visually plotted as its own range — allowing traders to inspect each discrete “flow phase” of the market.
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  • Embedded Volume Profile:
    Inside each channel segment, the indicator builds a mini volume histogram using user-defined binning. This creates a quick visual read of how volume was distributed within that price range.
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  • Point of Control (PoC):
    The price level with the highest traded volume inside each completed segment is detected and plotted as a dashed horizontal PoC line.
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  • Flow Bias (Bullish/Bearish):
    The volume profile color adapts depending on whether cumulative delta volume (buy minus sell pressure) is positive or negative for the segment.
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  • Breakout Labels:
    When a new channel is formed, arrows mark whether the breakout occurred upward or downward.
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⯁ FEATURES
  • Adaptive Trend Channel Construction
    Channels update only when price closes beyond upper or lower volatility thresholds. This isolates trend shifts with minimal noise.
  • Channel Visualization Options
    Choose to display full channel boxes or only trend lines using customizable styling.
  • Real-Time Volume Profiling
    As long as the channel remains active, volume distribution is recalculated live on every bar.
  • PoC Projection
    The PoC is drawn across the channel range, marking the highest-volume price level for each segment.
  • Directional Delta Coloring
    Volume profiles automatically shift to bullish or bearish colors based on cumulative delta inside the channel.

  • Breakout Detection
    Arrows highlight each transition into a new channel regime.


⯁ HOW TO USE
  • Spot trend changes using breakout arrows and the creation of new trend channels.
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  • Gauge strength of a channel by examining the density and shape of the internal volume profile.
  • Use PoC levels as potential support/resistance interaction zones.
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  • Validate momentum by checking whether volume delta shows bullish or bearish dominance.
  • Monitor channel edges to anticipate continuation or reversal setups.


⯁ CONCLUSION
The Volume Channel Flow [ChartPrime] indicator merges trend structure with volume analytics, providing a continuously adaptive picture of market flow.
It not only detects where trend phases begin and end, but also reveals what type of volume behavior shaped each segment, offering a deeper understanding of trend strength and directional pressure.

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