OPEN-SOURCE SCRIPT
7M Levels
💎 Key Feature: "Relative Volume at Time"
Most RelVol indicators compare current volume to the full day's average, which is misleading during Pre-Market or After-Hours. 7M Levels uses a sophisticated "At Time" logic: It compares the current 5-minute volume to the historical average of that exact same time of day over the last 30 days.
Example: If a stock trades 50k shares at 8:00 AM, the script checks if that is normal for 8:00 AM. If the average is 5k, your RelVol is 10x—signaling a massive institutional move before the bell rings.
🛠️ Built-in Features
Live Scoring Engine: A fully customizable scoring system (default Pass: 7/10). The dashboard changes color based on your specific criteria, acting as a visual "Go/No-Go" signal.
Gap & Change Analysis: Tracks price action specifically since the 4:00 AM EST Pre-Market open.
Fundamental Snapshot: Instant access to Float (Mio), Industry, and Country without leaving the chart.
Technical Suite: Real-time monitoring of VWAP relation, MACD crossovers, RSI levels, and VWMA trends.
Smart Alerts: Integrated alerts with a built-in Cooldown Timer to prevent notification spam during volatile moves.
📊 How to use the Dashboard
Grey Rows: Basic information and reference data.
Green/Red Rows: Parameters that are currently passing or failing your custom "Momentum Score" settings.
Total Score: The bottom line. If it turns Emerald Green, the stock meets all your momentum requirements for a potential trade.
⚙️ Optimization
This script is optimized with a max_bars_back buffer of 5000 to ensure deep historical volume analysis remains stable even on ultra-fast timeframes like the 10-second or 1-minute chart.
Safe Trading! Disclaimer: This tool is for informational purposes only and does not constitute financial advice.
Most RelVol indicators compare current volume to the full day's average, which is misleading during Pre-Market or After-Hours. 7M Levels uses a sophisticated "At Time" logic: It compares the current 5-minute volume to the historical average of that exact same time of day over the last 30 days.
Example: If a stock trades 50k shares at 8:00 AM, the script checks if that is normal for 8:00 AM. If the average is 5k, your RelVol is 10x—signaling a massive institutional move before the bell rings.
🛠️ Built-in Features
Live Scoring Engine: A fully customizable scoring system (default Pass: 7/10). The dashboard changes color based on your specific criteria, acting as a visual "Go/No-Go" signal.
Gap & Change Analysis: Tracks price action specifically since the 4:00 AM EST Pre-Market open.
Fundamental Snapshot: Instant access to Float (Mio), Industry, and Country without leaving the chart.
Technical Suite: Real-time monitoring of VWAP relation, MACD crossovers, RSI levels, and VWMA trends.
Smart Alerts: Integrated alerts with a built-in Cooldown Timer to prevent notification spam during volatile moves.
📊 How to use the Dashboard
Grey Rows: Basic information and reference data.
Green/Red Rows: Parameters that are currently passing or failing your custom "Momentum Score" settings.
Total Score: The bottom line. If it turns Emerald Green, the stock meets all your momentum requirements for a potential trade.
⚙️ Optimization
This script is optimized with a max_bars_back buffer of 5000 to ensure deep historical volume analysis remains stable even on ultra-fast timeframes like the 10-second or 1-minute chart.
Safe Trading! Disclaimer: This tool is for informational purposes only and does not constitute financial advice.
オープンソーススクリプト
TradingViewの精神に則り、このスクリプトの作者はコードをオープンソースとして公開してくれました。トレーダーが内容を確認・検証できるようにという配慮です。作者に拍手を送りましょう！無料で利用できますが、コードの再公開はハウスルールに従う必要があります。
免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。
オープンソーススクリプト
TradingViewの精神に則り、このスクリプトの作者はコードをオープンソースとして公開してくれました。トレーダーが内容を確認・検証できるようにという配慮です。作者に拍手を送りましょう！無料で利用できますが、コードの再公開はハウスルールに従う必要があります。
免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。