PROTECTED SOURCE SCRIPT
VRI VVI Highlighter x Smart Black Girl
Purpose: a modern, visually clean indicator built to help traders identify VRI (Volume Reversal Index) and VVI (Volume Volatility Index) confirmations directly on the price chart—designed with precision and style under the Smart Black Girl collection for intuitive, confident market execution.
Core Function
Calculates VRI to detect when price and volume diverge, signaling hidden accumulation or distribution.
Calculates VVI to measure volatility strength relative to trading volume, confirming when a move has real market energy behind it.
Highlights candles where both indicators align with the market trend.
Visual Output
Green candles & upward arrows = bullish VRI/VVI confirmation.
Red candles & downward arrows = bearish VRI/VVI confirmation.
Each signal bar prints labels showing exact VRI and VVI values, keeping the chart informative and clear.
Subtle color tones maintain a professional aesthetic suitable for dark or light chart themes.
Logic
Trend filter: EMA8 vs EMA20.
Volatility filter: active only when VVI exceeds its rolling average.
Signal trigger:
Bull → VRI crosses above 0 with trend_up + volatility_active.
Bear → VRI crosses below 0 with trend_down + volatility_active.
Use Case
Ideal for traders who want to visually confirm momentum shifts without chart noise. Works well on 5m–30m timeframes for momentum entries or reversal setups.
Non-Repainting
Signals only appear after the bar closes, ensuring reliability for live or back tested analysis.
Core Function
Calculates VRI to detect when price and volume diverge, signaling hidden accumulation or distribution.
Calculates VVI to measure volatility strength relative to trading volume, confirming when a move has real market energy behind it.
Highlights candles where both indicators align with the market trend.
Visual Output
Green candles & upward arrows = bullish VRI/VVI confirmation.
Red candles & downward arrows = bearish VRI/VVI confirmation.
Each signal bar prints labels showing exact VRI and VVI values, keeping the chart informative and clear.
Subtle color tones maintain a professional aesthetic suitable for dark or light chart themes.
Logic
Trend filter: EMA8 vs EMA20.
Volatility filter: active only when VVI exceeds its rolling average.
Signal trigger:
Bull → VRI crosses above 0 with trend_up + volatility_active.
Bear → VRI crosses below 0 with trend_down + volatility_active.
Use Case
Ideal for traders who want to visually confirm momentum shifts without chart noise. Works well on 5m–30m timeframes for momentum entries or reversal setups.
Non-Repainting
Signals only appear after the bar closes, ensuring reliability for live or back tested analysis.
Script protetto
Questo script è pubblicato come codice protetto. Tuttavia, è possibile utilizzarlo liberamente e senza alcuna limitazione – per saperne di più clicca qui.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Script protetto
Questo script è pubblicato come codice protetto. Tuttavia, è possibile utilizzarlo liberamente e senza alcuna limitazione – per saperne di più clicca qui.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.