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Volume Wizard - Omkar

アップデート済
  • Volume bars on up days will be in 'silver' colour.

  • Volume bars on down days will be in 'grey' colour.

  • The volume bar will ‘be red’ in colour if the latest close is below the previous close and the volume is more than the average volume.

  • A green circle will be plotted if the current candle volume is the least in the last 20 days.

  • The volume bar will be ‘blue’ in colour if the current candle volume is more than the highest volume of the down day in the last 5 days (5-day Pocket Pivot).

  • The volume bar will be ‘green’ in colour if the current candle volume is more than the highest volume of the down day in the last 10 days (10-day Pocket Pivot).

  • The volume bar will be ‘lime’ in colour if the current candle volume is more than the highest volume of the down day in the last 20 days (20-day Pocket Pivot).

  • The volume bar will be ‘teal’ in colour if the current candle volume is highest in the last 3 months.

  • The volume bar will be ‘aqua’ in colour if the current candle volume is highest in the last 1 year.

  • If the current volume is the lowest in the last 22 days, a tiny yellow circle will be plotted on the volume average line on daily and weekly timeframe only.

  • If the current volume is more than three times the average volume and the close is in the top half of the candle, a diamond will be plotted at the top of the volume bar on a daily and weekly timeframe only.

  • Average volume days and Pivot lookback period can be modified.

  • The table shows the average turnover, the number of pocket pivots in the last ‘n’ days and the up-down ratio.

  • The table position can be changed.


Volume Wizard - Omkar indicator provides me with insights, allowing me to make informed trading decisions, and identify potential trends.
It's my go-to companion for navigating the financial markets with confidence.

Add it to your favourites and start using it right away.
Happy trading!
リリースノート

  • MA Type
Added Moving Average Type for calculating 'Average Volume'.


  • RVol

Added 'Relative Volume' in percentage in the Table.
リリースノート

  • Added 'Relative Volume' in the table.
リリースノート

  • Added 2-week volume contraction.


  • Added text for High volumes.


  • Rectified RVol.
Trend AnalysisVolatilityvolatilitycontractionvolumeanalysisVolume

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