Aggregate Signal (v.2) is an oscillator indicator that combines multiple technical factors into a single composite score. It scales OHLCV data using minimax normalization and evaluates indicators such as MACD, RSI, Stochastic, CCI, Momentum, On-Balance Volume,
Indicator · Pine Script v6 · Own pane
Volume Analysis [trugurpala]
This indicator analyzes trading volume in a separate chart pane by plotting raw volume histogram bars alongside a simple moving average of volume and On-Balance Volume (OBV).
GitHub stars4on the repository
Pine versionv6current
Lines of code26
Settings2inputs
LicenceMIT
Last update2 months ago3 Aug 2026
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above, or the copy button on the code below.
- 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
26 lines of Pine Script v6 from examples/indicators/09_volume_profile.pine, published under MIT. Keep the author's credit and licence lines when you reuse it.
//@version=6
// Volume Analysis + OBV — github.com/trugurpala/pinescriptv6
// Author: Ugur Pala · mail@ugurpala.com
indicator("Volume Analysis [trugurpala]", overlay=false)
// ── Inputs ───────────────────────────────────────────────────────────────────
int volLen = input.int(20, "MA Length", minval=1)
float highMult = input.float(1.5, "High Vol Mult", step=0.1)
// ── Calculations ─────────────────────────────────────────────────────────────
float volMa = ta.sma(volume, volLen)
bool highVol = volume > volMa * highMult
bool bullBar = close > open
float obv = ta.cum(close > close[1] ? volume : close < close[1] ? -volume : 0)
// ── Colors ───────────────────────────────────────────────────────────────────
color volColor = highVol
? (bullBar ? color.new(color.green, 0) : color.new(color.red, 0))
: (bullBar ? color.new(color.green,50) : color.new(color.red, 50))
// ── Visuals ──────────────────────────────────────────────────────────────────
plot(volume, "Volume", volColor, style=plot.style_histogram)
plot(volMa, "Vol MA", color.new(color.orange, 20), linewidth=2)
plot(obv, "OBV", color.new(color.blue, 20), display=display.none)
plotshape(highVol and bullBar, "High Bull", shape.triangleup, location.bottom, color.green, size=size.tiny)
plotshape(highVol and not bullBar, "High Bear", shape.triangledown, location.bottom, color.red, size=size.tiny)
Overview
Volume Analysis [trugurpala] identifies unusually high volume bars where volume exceeds the moving average multiplied by a user-defined threshold. High volume bars are rendered with solid green or red colors depending on bar polarity, and marked with triangle shapes at the bottom. The inputs allow users to customize the volume moving average length and the high volume threshold multiplier.
- Volume moving average calculation
- High volume bar threshold detection
- On-balance volume calculation
- Color-coded volume histogram bars
- Visual shapes for volume spikes
Details
Published by
trugurpala on GitHub
Type
Indicator, Pine Script v6
Draws
Separate pane below the chart
Category
Volume, Moving averages
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.
Topics
aialgorithmic-tradingclaude-codecodexcoding-agentsgithub-copilotopen-sourcepine-scriptpine-script-v6technical-analysis
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| MA Length | int | 20 | volLen |
| High Vol Mult | float | 1.5 | highMult |
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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