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Enhanced Volume Pro v2.0 - Ultimate Edition
# Enhanced Volume Pro v2.0 - Ultimate Edition
## Overview
**Enhanced Volume Pro v2.0** is the most comprehensive volume analysis indicator for serious traders. It combines institutional volume detection, smart money signals, climax volume identification, and advanced metrics — all in one powerful tool. Whether you're a swing trader, day trader, or investor, this indicator helps you understand what the "big money" is doing.
---
## 🔥 Key Features
### ⭐ Fresh Institutional Volume (IV) - NEW!
The **crown jewel** of this indicator. Detects when institutions are entering a position after a period of quiet accumulation.
**How it works:**
- Requires a "pause" period with no Pocket Pivots (customizable 3-10 bars)
- Volume must be 2x or higher than the highest volume in last 10 days
- Strong closing range confirms quality
- **This is often the BEST entry signal** for swing trades
### 🔵 Pocket Pivot Volume (PPV)
Classic institutional accumulation signal developed by Gil Morales and Chris Kacher.
**Detection Criteria:**
- Up day with volume greater than any down day volume in lookback period
- Strong closing range (closes in upper portion of bar)
- Indicates institutions are quietly accumulating shares
### 🐂 Bull Snort Candles
Explosive volume signals showing extreme institutional interest.
**Detection Criteria:**
- Volume at least 3x (300%) above the 50-day average
- Strong closing range (closes in upper 35% of the bar)
- Often marks the beginning of a powerful move
### 💥 Climax Volume Detection - NEW!
Identifies potential market turning points.
| Type | Signal | Meaning |
|------|--------|---------|
| **Selling Climax (SC)** | Massive down volume + large price drop | Potential Bottom |
| **Buying Climax (BC)** | Massive up volume + large price surge at highs | Potential Top |
### ⚠️ Volume Divergence - NEW!
Spots hidden weakness or strength in price moves.
- **Bearish Divergence:** Price making new highs but volume declining — warns of potential reversal
- **Bullish Divergence:** Price making new lows but selling volume declining — potential bottom forming
### 📊 Distribution Days Counter - NEW!
Tracks institutional selling pressure over time.
- Counts distribution days in customizable lookback period
- **Warning alert** when too many distribution days accumulate
- Helps identify when institutions are exiting positions
---
## 📈 Volume Event Labels
| Label | Color | Meaning |
|-------|-------|---------|
| **IV** | Gold | Fresh Institutional Volume - Best Entry |
| **HVE** | Magenta | Highest Volume Ever |
| **HVY** | Cyan | Highest Volume in Year |
| **HVQ** | Orange | Highest Volume in Quarter |
| **SC** | Red | Selling Climax - Potential Bottom |
| **BC** | Green | Buying Climax - Potential Top |
| **BD** | Red | Bearish Divergence Warning |
| **BuD** | Green | Bullish Divergence Signal |
| ■ | Purple | Bull Snort (at bar bottom) |
| **Y** | Orange | Lowest Volume in Year |
| **Q** | Orange | Lowest Volume in Quarter |
---
## 📊 Advanced Metrics Table
The information table displays real-time metrics:
| Metric | Description |
|--------|-------------|
| **Volume** | Current bar volume |
| **RVol** | Relative Volume (vs 50-day average) — Shows as % or multiplier |
| **Dist Days** | Distribution days count with warning indicator |
| **Proj Vol** | Projected end-of-day volume (intraday only) |
| **Avg ₹Vol** | Average Dollar/Rupee Volume |
| **1mL** | 1-Minute Liquidity — How much can be traded per minute |
| **U/D Vol** | Up/Down Volume Ratio — Above 1.5 = Accumulation, Below 0.8 = Distribution |
| **Vol Buzz** | Volume % above/below average |
| **Event** | Current special volume event detected |
---
## 🎨 Volume Bar Colors
| Color | Condition |
|-------|-----------|
| **Gold** | Fresh Institutional Volume |
| **Blue** | Pocket Pivot |
| **Purple** | Bull Snort |
| **Bright Red** | Selling Climax |
| **Bright Green** | Buying Climax / High Up Volume |
| **Red** | High Down Volume |
| **Orange** | Low/Dry Volume |
| **Dark Grey** | Normal Volume |
| **Magenta** | Highest Volume Ever |
| **Cyan** | Highest Volume in Year |
---
## ⚙️ Settings Guide
### Fresh IV Settings
| Setting | Default | Description |
|---------|---------|-------------|
| Pause Bars | 5 | Bars without PPV before IV can trigger |
| Volume Multiplier | 2.0x | Volume must be this much higher than 10-day high |
| Min Closing Range | 0.5 | Minimum close position (0.5 = upper half) |
### Pocket Pivot Settings
| Setting | Default | Description |
|---------|---------|-------------|
| Lookback Period | 10 | Days to check for highest down volume |
| Min Closing Range | 0.5 | Quality filter for PPV |
### Climax Volume Settings
| Setting | Default | Description |
|---------|---------|-------------|
| Volume Multiplier | 3.0x | Volume vs average for climax |
| Price Move % | 3.0% | Minimum price change for climax |
### Distribution Settings
| Setting | Default | Description |
|---------|---------|-------------|
| Lookback | 25 | Days to count distribution |
| Warning Level | 5 | Alert when this many dist days occur |
---
## 📖 How to Use
### For Swing Trading Entry:
1. **Wait for Fresh IV (⭐)** — This is your highest probability entry
2. **Confirm with Pocket Pivots** — Shows continued accumulation
3. **Check U/D Ratio** — Should be above 1.5 for accumulation
4. **Monitor Distribution Days** — Stay cautious if count is high
### For Identifying Tops/Bottoms:
1. **Selling Climax (SC)** at lows often marks bottoms
2. **Buying Climax (BC)** at highs often marks tops
3. **Bearish Divergence** warns of potential reversal
4. **High Distribution Days** suggest institutional selling
### For Position Management:
1. **Track RVol** — High RVol confirms move validity
2. **Watch Vol Buzz** — Sudden spikes indicate news/interest
3. **Monitor 1mL** — Ensures adequate liquidity for your size
---
## 🔔 Alerts Included
- ⭐ Fresh Institutional Volume (IV)
- 🔵 Pocket Pivot Detected
- 🐂 Bull Snort Detected
- 💥 Selling Climax (Potential Bottom)
- 🚀 Buying Climax (Potential Top)
- ⚠️ Bearish Divergence
- ✅ Bullish Divergence
- 🔥 Highest Volume Ever/Year/Quarter
- 💪 Power Volume
- ⚠️ Distribution Warning
- ✅ Strong Accumulation (U/D >= 1.5)
- ⚠️ Strong Distribution (U/D <= 0.8)
---
## 💡 Pro Tips
1. **Fresh IV is KING** — This signal has the highest win rate for entries
2. **Combine signals** — IV + Rising U/D Ratio = Strong setup
3. **Context matters** — Climax volumes work best at extremes
4. **Use Paint Bars** — Enable to color price candles for quick identification
5. **Set alerts** — Don't miss Fresh IV or Climax signals
6. **Check Distribution** — Even good stocks fail if institutions are selling
---
## 🎯 Best For
- **Swing Traders** — Fresh IV and PPV signals
- **Momentum Traders** — Bull Snort and Power Volume
- **Reversal Traders** — Climax Volume and Divergence signals
- **Position Traders** — Distribution Days and U/D Ratio tracking
- **Indian Market Traders** — Includes ₹ volume and Crore formatting
---
## ⚠️ Disclaimer
This indicator is for educational and informational purposes only. It does not constitute financial advice. Volume analysis should be combined with price action, fundamentals, and proper risk management. Always do your own research before making trading decisions. Past performance does not guarantee future results.
---
## 📝 Release Notes
**v2.0 - Ultimate Edition**
- 🆕 Added Fresh Institutional Volume (IV) detection
- 🆕 Added Volume Divergence (Bullish/Bearish)
- 🆕 Added Climax Volume (Selling/Buying)
- 🆕 Added Distribution Days Counter with warning
- 🆕 Added Projected Volume for intraday
- 🆕 Added Volume Buzz metric
- 🆕 Enhanced information table with all metrics
- 🆕 Added Paint Bars option for price candles
- 🆕 Multiple new alerts for all features
- Improved Pocket Pivot detection
- Added customizable marker styles
- Performance optimizations
**v1.0**
- Initial release with PPV, Bull Snort, HVE/HVY/HVQ
---
## 💬 Feedback
If you find this indicator valuable, please leave a like and comment! Share your trading results and suggestions for future improvements.
**Follow for updates and more trading tools!**
---
**Tags:** #Volume #InstitutionalVolume #PocketPivot #BullSnort #ClimaxVolume #SmartMoney #VolumeAnalysis #VolumeDivergence #Distribution #Accumulation #SwingTrading #TechnicalAnalysis #VolumeProfile #RelativeVolume
## Overview
**Enhanced Volume Pro v2.0** is the most comprehensive volume analysis indicator for serious traders. It combines institutional volume detection, smart money signals, climax volume identification, and advanced metrics — all in one powerful tool. Whether you're a swing trader, day trader, or investor, this indicator helps you understand what the "big money" is doing.
---
## 🔥 Key Features
### ⭐ Fresh Institutional Volume (IV) - NEW!
The **crown jewel** of this indicator. Detects when institutions are entering a position after a period of quiet accumulation.
**How it works:**
- Requires a "pause" period with no Pocket Pivots (customizable 3-10 bars)
- Volume must be 2x or higher than the highest volume in last 10 days
- Strong closing range confirms quality
- **This is often the BEST entry signal** for swing trades
### 🔵 Pocket Pivot Volume (PPV)
Classic institutional accumulation signal developed by Gil Morales and Chris Kacher.
**Detection Criteria:**
- Up day with volume greater than any down day volume in lookback period
- Strong closing range (closes in upper portion of bar)
- Indicates institutions are quietly accumulating shares
### 🐂 Bull Snort Candles
Explosive volume signals showing extreme institutional interest.
**Detection Criteria:**
- Volume at least 3x (300%) above the 50-day average
- Strong closing range (closes in upper 35% of the bar)
- Often marks the beginning of a powerful move
### 💥 Climax Volume Detection - NEW!
Identifies potential market turning points.
| Type | Signal | Meaning |
|------|--------|---------|
| **Selling Climax (SC)** | Massive down volume + large price drop | Potential Bottom |
| **Buying Climax (BC)** | Massive up volume + large price surge at highs | Potential Top |
### ⚠️ Volume Divergence - NEW!
Spots hidden weakness or strength in price moves.
- **Bearish Divergence:** Price making new highs but volume declining — warns of potential reversal
- **Bullish Divergence:** Price making new lows but selling volume declining — potential bottom forming
### 📊 Distribution Days Counter - NEW!
Tracks institutional selling pressure over time.
- Counts distribution days in customizable lookback period
- **Warning alert** when too many distribution days accumulate
- Helps identify when institutions are exiting positions
---
## 📈 Volume Event Labels
| Label | Color | Meaning |
|-------|-------|---------|
| **IV** | Gold | Fresh Institutional Volume - Best Entry |
| **HVE** | Magenta | Highest Volume Ever |
| **HVY** | Cyan | Highest Volume in Year |
| **HVQ** | Orange | Highest Volume in Quarter |
| **SC** | Red | Selling Climax - Potential Bottom |
| **BC** | Green | Buying Climax - Potential Top |
| **BD** | Red | Bearish Divergence Warning |
| **BuD** | Green | Bullish Divergence Signal |
| ■ | Purple | Bull Snort (at bar bottom) |
| **Y** | Orange | Lowest Volume in Year |
| **Q** | Orange | Lowest Volume in Quarter |
---
## 📊 Advanced Metrics Table
The information table displays real-time metrics:
| Metric | Description |
|--------|-------------|
| **Volume** | Current bar volume |
| **RVol** | Relative Volume (vs 50-day average) — Shows as % or multiplier |
| **Dist Days** | Distribution days count with warning indicator |
| **Proj Vol** | Projected end-of-day volume (intraday only) |
| **Avg ₹Vol** | Average Dollar/Rupee Volume |
| **1mL** | 1-Minute Liquidity — How much can be traded per minute |
| **U/D Vol** | Up/Down Volume Ratio — Above 1.5 = Accumulation, Below 0.8 = Distribution |
| **Vol Buzz** | Volume % above/below average |
| **Event** | Current special volume event detected |
---
## 🎨 Volume Bar Colors
| Color | Condition |
|-------|-----------|
| **Gold** | Fresh Institutional Volume |
| **Blue** | Pocket Pivot |
| **Purple** | Bull Snort |
| **Bright Red** | Selling Climax |
| **Bright Green** | Buying Climax / High Up Volume |
| **Red** | High Down Volume |
| **Orange** | Low/Dry Volume |
| **Dark Grey** | Normal Volume |
| **Magenta** | Highest Volume Ever |
| **Cyan** | Highest Volume in Year |
---
## ⚙️ Settings Guide
### Fresh IV Settings
| Setting | Default | Description |
|---------|---------|-------------|
| Pause Bars | 5 | Bars without PPV before IV can trigger |
| Volume Multiplier | 2.0x | Volume must be this much higher than 10-day high |
| Min Closing Range | 0.5 | Minimum close position (0.5 = upper half) |
### Pocket Pivot Settings
| Setting | Default | Description |
|---------|---------|-------------|
| Lookback Period | 10 | Days to check for highest down volume |
| Min Closing Range | 0.5 | Quality filter for PPV |
### Climax Volume Settings
| Setting | Default | Description |
|---------|---------|-------------|
| Volume Multiplier | 3.0x | Volume vs average for climax |
| Price Move % | 3.0% | Minimum price change for climax |
### Distribution Settings
| Setting | Default | Description |
|---------|---------|-------------|
| Lookback | 25 | Days to count distribution |
| Warning Level | 5 | Alert when this many dist days occur |
---
## 📖 How to Use
### For Swing Trading Entry:
1. **Wait for Fresh IV (⭐)** — This is your highest probability entry
2. **Confirm with Pocket Pivots** — Shows continued accumulation
3. **Check U/D Ratio** — Should be above 1.5 for accumulation
4. **Monitor Distribution Days** — Stay cautious if count is high
### For Identifying Tops/Bottoms:
1. **Selling Climax (SC)** at lows often marks bottoms
2. **Buying Climax (BC)** at highs often marks tops
3. **Bearish Divergence** warns of potential reversal
4. **High Distribution Days** suggest institutional selling
### For Position Management:
1. **Track RVol** — High RVol confirms move validity
2. **Watch Vol Buzz** — Sudden spikes indicate news/interest
3. **Monitor 1mL** — Ensures adequate liquidity for your size
---
## 🔔 Alerts Included
- ⭐ Fresh Institutional Volume (IV)
- 🔵 Pocket Pivot Detected
- 🐂 Bull Snort Detected
- 💥 Selling Climax (Potential Bottom)
- 🚀 Buying Climax (Potential Top)
- ⚠️ Bearish Divergence
- ✅ Bullish Divergence
- 🔥 Highest Volume Ever/Year/Quarter
- 💪 Power Volume
- ⚠️ Distribution Warning
- ✅ Strong Accumulation (U/D >= 1.5)
- ⚠️ Strong Distribution (U/D <= 0.8)
---
## 💡 Pro Tips
1. **Fresh IV is KING** — This signal has the highest win rate for entries
2. **Combine signals** — IV + Rising U/D Ratio = Strong setup
3. **Context matters** — Climax volumes work best at extremes
4. **Use Paint Bars** — Enable to color price candles for quick identification
5. **Set alerts** — Don't miss Fresh IV or Climax signals
6. **Check Distribution** — Even good stocks fail if institutions are selling
---
## 🎯 Best For
- **Swing Traders** — Fresh IV and PPV signals
- **Momentum Traders** — Bull Snort and Power Volume
- **Reversal Traders** — Climax Volume and Divergence signals
- **Position Traders** — Distribution Days and U/D Ratio tracking
- **Indian Market Traders** — Includes ₹ volume and Crore formatting
---
## ⚠️ Disclaimer
This indicator is for educational and informational purposes only. It does not constitute financial advice. Volume analysis should be combined with price action, fundamentals, and proper risk management. Always do your own research before making trading decisions. Past performance does not guarantee future results.
---
## 📝 Release Notes
**v2.0 - Ultimate Edition**
- 🆕 Added Fresh Institutional Volume (IV) detection
- 🆕 Added Volume Divergence (Bullish/Bearish)
- 🆕 Added Climax Volume (Selling/Buying)
- 🆕 Added Distribution Days Counter with warning
- 🆕 Added Projected Volume for intraday
- 🆕 Added Volume Buzz metric
- 🆕 Enhanced information table with all metrics
- 🆕 Added Paint Bars option for price candles
- 🆕 Multiple new alerts for all features
- Improved Pocket Pivot detection
- Added customizable marker styles
- Performance optimizations
**v1.0**
- Initial release with PPV, Bull Snort, HVE/HVY/HVQ
---
## 💬 Feedback
If you find this indicator valuable, please leave a like and comment! Share your trading results and suggestions for future improvements.
**Follow for updates and more trading tools!**
---
**Tags:** #Volume #InstitutionalVolume #PocketPivot #BullSnort #ClimaxVolume #SmartMoney #VolumeAnalysis #VolumeDivergence #Distribution #Accumulation #SwingTrading #TechnicalAnalysis #VolumeProfile #RelativeVolume
Script protégé
Ce script est publié en source fermée. Cependant, vous pouvez l'utiliser librement et sans aucune restriction – pour en savoir plus, cliquez ici.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script protégé
Ce script est publié en source fermée. Cependant, vous pouvez l'utiliser librement et sans aucune restriction – pour en savoir plus, cliquez ici.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.