OPEN-SOURCE SCRIPT
Aggiornato Volume Average [UkutaLabs]
█ OVERVIEW
Volume Average is a simple yet powerful indicator designed to help traders quickly understand how current trading volume compares to its historical norm.
By plotting an average volume line directly on the volume chart, this indicator makes it easy to identify periods of unusually high or low participation, which often precede or confirm meaningful price movements.
Rather than focusing on raw volume alone, Volume Average provides essential context—helping traders distinguish between routine market activity and moments when volume truly matters.
█ HOW IT WORKS
The indicator calculates a moving average of volume over a user-defined period and displays it alongside standard volume bars.
█ PRACTICAL USE CASES
█ SETTINGS
█ SUMMARY
Volume Average is a clean, no-noise tool that helps traders focus on what matters most: when volume is truly significant. It pairs well with price action, support and resistance, and trend-based strategies.
Volume Average is a simple yet powerful indicator designed to help traders quickly understand how current trading volume compares to its historical norm.
By plotting an average volume line directly on the volume chart, this indicator makes it easy to identify periods of unusually high or low participation, which often precede or confirm meaningful price movements.
Rather than focusing on raw volume alone, Volume Average provides essential context—helping traders distinguish between routine market activity and moments when volume truly matters.
█ HOW IT WORKS
The indicator calculates a moving average of volume over a user-defined period and displays it alongside standard volume bars.
- Volume above the average suggests increased market interest
- Volume below the average indicates reduced participation
- Sustained deviations from the average can highlight accumulation, distribution, or breakout conditions
█ PRACTICAL USE CASES
- Confirming breakouts and breakdowns
- Identifying high-participation trend moves
- Spotting low-volume consolidations
- Filtering false price moves caused by weak volume
█ SETTINGS
- Adjustable volume average length
- Works on all markets and timeframes
- Compatible with any trading style (scalping, day trading, swing trading)
█ SUMMARY
Volume Average is a clean, no-noise tool that helps traders focus on what matters most: when volume is truly significant. It pairs well with price action, support and resistance, and trend-based strategies.
Note di rilascio
Added and 'Alert' option for above average volume bars.Script open-source
Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Script open-source
Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.