OPEN-SOURCE SCRIPT
Volume + MA5 & MA10
This Volume + MA5 & MA10 (Technical Volume Trend Analysis)
The Volume + MA5 & MA10 indicator provides a precise view of market participation and volume momentum by combining raw volume data with two moving averages (MA5 and MA10). It’s designed for traders who rely on volume-based confirmation to validate price movements, breakouts, and trend reversals.
🔍 Overview
This indicator displays volume bars alongside two smooth volume averages — MA5 (short-term) and MA10 (medium-term) — making it easier to detect shifts in market activity.
When the short-term average crosses above or below the long-term average, it signals a potential change in trading intensity or market sentiment.
⚙️ Key Features
Dual Volume Moving Averages (MA5 & MA10) for short- and medium-term analysis.
Dynamic Bar Coloring based on whether current volume exceeds MA5 or MA10.
Crossover Detection with visual markers for MA5/MA10 intersections.
Alert Conditions to notify you of significant volume trend shifts.
Fully customizable appearance and smoothing options.
📊 How to Interpret
MA5 > MA10 → Increasing short-term volume activity (strengthening momentum).
MA5 < MA10 → Decreasing short-term volume (weakening participation).
Rising volume with price → Confirms trend strength.
Falling volume with rising/falling price → Suggests potential reversal or reduced conviction.
💡 Applications
Confirm breakouts and trend continuations.
Identify momentum divergences between price and volume.
Filter out low-volume or weak-trend setups.
Combine with RSI, MACD, or moving averages for enhanced signal validation.
✅ Advantages
Simple yet powerful structure for clean visual analysis.
Works across all timeframes and markets (crypto, stocks, forex, indices).
No repainting — reliable for both live and historical backtesting.
Use Volume + MA5 & MA10 to strengthen your technical analysis and gain a deeper understanding of how market participation drives price trends.
The Volume + MA5 & MA10 indicator provides a precise view of market participation and volume momentum by combining raw volume data with two moving averages (MA5 and MA10). It’s designed for traders who rely on volume-based confirmation to validate price movements, breakouts, and trend reversals.
🔍 Overview
This indicator displays volume bars alongside two smooth volume averages — MA5 (short-term) and MA10 (medium-term) — making it easier to detect shifts in market activity.
When the short-term average crosses above or below the long-term average, it signals a potential change in trading intensity or market sentiment.
⚙️ Key Features
Dual Volume Moving Averages (MA5 & MA10) for short- and medium-term analysis.
Dynamic Bar Coloring based on whether current volume exceeds MA5 or MA10.
Crossover Detection with visual markers for MA5/MA10 intersections.
Alert Conditions to notify you of significant volume trend shifts.
Fully customizable appearance and smoothing options.
📊 How to Interpret
MA5 > MA10 → Increasing short-term volume activity (strengthening momentum).
MA5 < MA10 → Decreasing short-term volume (weakening participation).
Rising volume with price → Confirms trend strength.
Falling volume with rising/falling price → Suggests potential reversal or reduced conviction.
💡 Applications
Confirm breakouts and trend continuations.
Identify momentum divergences between price and volume.
Filter out low-volume or weak-trend setups.
Combine with RSI, MACD, or moving averages for enhanced signal validation.
✅ Advantages
Simple yet powerful structure for clean visual analysis.
Works across all timeframes and markets (crypto, stocks, forex, indices).
No repainting — reliable for both live and historical backtesting.
Use Volume + MA5 & MA10 to strengthen your technical analysis and gain a deeper understanding of how market participation drives price trends.
Script open-source
Dans l'esprit de TradingView, le créateur de ce script l'a rendu open-source, afin que les traders puissent examiner et vérifier sa fonctionnalité. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script open-source
Dans l'esprit de TradingView, le créateur de ce script l'a rendu open-source, afin que les traders puissent examiner et vérifier sa fonctionnalité. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.