A non-repainting high-volume marker indicator that flags bars whose volume is the highest over lookbacks from 50 to 1000 bars in steps of 50, plus an all-time high volume level and hot spot signals.
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
Every comparison uses the prior confirmed bar, so signals do not appear and disappear on the live bar, and alerts use the same filters as the plotted shapes. Each lookback can be switched on or off. Markers draw on the price chart.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Show 50-Bar High Vol
bool
true
use50
Show 100-Bar High Vol
bool
true
use100
Show 150-Bar High Vol
bool
true
use150
Show 200-Bar High Vol
bool
true
use200
Show 250-Bar High Vol
bool
true
use250
Show 300-Bar High Vol
bool
true
use300
Show 350-Bar High Vol
bool
true
use350
Show 400-Bar High Vol
bool
true
use400
Show 450-Bar High Vol
bool
true
use450
Show 500-Bar High Vol
bool
true
use500
Show 550-Bar High Vol
bool
true
use550
Show 600-Bar High Vol
bool
true
use600
Show all 22 settings
Setting
Type
Default
Variable
Show 650-Bar High Vol
bool
true
use650
Show 700-Bar High Vol
bool
true
use700
Show 750-Bar High Vol
bool
true
use750
Show 800-Bar High Vol
bool
true
use800
Show 850-Bar High Vol
bool
true
use850
Show 900-Bar High Vol
bool
true
use900
Show 950-Bar High Vol
bool
true
use950
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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