PROTECTED SOURCE SCRIPT
High Volume Nodes HVN
What Are High Volume Nodes (HVNs)?
In a volume profile or chips distribution indicator, a high volume node is a price level where a large amount of traded volume has accumulated. This means a lot of “chips” (trading activity) took place at that price.
In simple terms:
HVNs mark prices where buyers and sellers agreed the most, creating heavy trading congestion.
Why Are HVNs Important?
1. Strong Support or Resistance Zones
Because many trades occurred at an HVN, market participants often view that price as “fair value.”
Price tends to slow down, pause, or reverse at HVNs.
2. Mean Reversion Behavior
HVNs tend to act like magnets:
If price moves far away, it often returns to HVN levels to retest them.
3. Balance Areas
An HVN signals that the market spent a lot of time trading at that price, indicating consensus or balance.
How to Use HVNs in Trading
1. Identify Support/Resistance
HVNs often mark durable S/R levels.
Price frequently retests or bounces from HVNs.
2. Detect Trading Ranges
Multiple HVNs clustered together indicate balance zones or accumulation/distribution areas.
3. Target Zones
When price moves away from an HVN, it often:
revisits the HVN (mean reversion), or
moves toward the next HVN in the profile.
Settings
Timeframe (Slices) (Lookback) (Label %)
Daily (50) (80-250) (0.60)
Weekly (40) (180) (0.65)
Monthly (30) (120) (0.70)
Quarterly (25) (70) (0.75)
No financial advice, no buy/sell recommendation. Only for educational purposes
In a volume profile or chips distribution indicator, a high volume node is a price level where a large amount of traded volume has accumulated. This means a lot of “chips” (trading activity) took place at that price.
In simple terms:
HVNs mark prices where buyers and sellers agreed the most, creating heavy trading congestion.
Why Are HVNs Important?
1. Strong Support or Resistance Zones
Because many trades occurred at an HVN, market participants often view that price as “fair value.”
Price tends to slow down, pause, or reverse at HVNs.
2. Mean Reversion Behavior
HVNs tend to act like magnets:
If price moves far away, it often returns to HVN levels to retest them.
3. Balance Areas
An HVN signals that the market spent a lot of time trading at that price, indicating consensus or balance.
How to Use HVNs in Trading
1. Identify Support/Resistance
HVNs often mark durable S/R levels.
Price frequently retests or bounces from HVNs.
2. Detect Trading Ranges
Multiple HVNs clustered together indicate balance zones or accumulation/distribution areas.
3. Target Zones
When price moves away from an HVN, it often:
revisits the HVN (mean reversion), or
moves toward the next HVN in the profile.
Settings
Timeframe (Slices) (Lookback) (Label %)
Daily (50) (80-250) (0.60)
Weekly (40) (180) (0.65)
Monthly (30) (120) (0.70)
Quarterly (25) (70) (0.75)
No financial advice, no buy/sell recommendation. Only for educational purposes
Script protetto
Questo script è pubblicato come codice protetto. Tuttavia, è possibile utilizzarle liberamente e senza alcuna limitazione – ulteriori informazioni qui.
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 protetto
Questo script è pubblicato come codice protetto. Tuttavia, è possibile utilizzarle liberamente e senza alcuna limitazione – ulteriori informazioni qui.
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.