Calculates an Elastic Volume Weighted Moving Average (EVWMA), incorporating trading volume to dynamically adjust moving average responsiveness over a specified lookback length. It plots directly on the price chart as a single moving average line. Optional colo
Indicator · Pine Script v5 · On the chart
High Volume Ranks to 1K
Overlay indicator that marks candles whose volume is the highest over 100, 200 and so on up to 1000 bars, plus an all-time high volume marker and a Hot Spot signal.
GitHub stars1on the repository
Pine versionv5runs as is
Lines of code226
Settings12inputs
LicenceNone stated
Last update2 months ago20 Aug 2026
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
Each level has its own show checkbox. To avoid live-bar flicker, every comparison uses the prior closed bar and markers are shifted back one bar onto the bar they describe. Plots and alert conditions share the same named variables so they stay in step. Draws markers on the price chart.
- Volume highs from 100 to 1000 bars
- All-time high volume marker
- Hot Spot signal
- Prior-closed-bar comparison
Details
Published by
nishpa800 on GitHub
Type
Draws
On the price chart
Category
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Show 100-Bar High Vol | bool | true | use100 |
| Show 200-Bar High Vol | bool | true | use200 |
| Show 300-Bar High Vol | bool | true | use300 |
| Show 400-Bar High Vol | bool | true | use400 |
| Show 500-Bar High Vol | bool | true | use500 |
| Show 600-Bar High Vol | bool | true | use600 |
| Show 700-Bar High Vol | bool | true | use700 |
| Show 800-Bar High Vol | bool | true | use800 |
| Show 900-Bar High Vol | bool | true | use900 |
| Show 1000-Bar High Vol | bool | true | use1000 |
| Show All-Time High Vol (HEV) | bool | true | useHEV |
| Show Hot Spot Signals | bool | true | useHS |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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