The Volume Spike Analysis is designed to detect volume spikes in a trading instrument's data. Rather than relying on the traditional method of comparing volume to its moving average, this indicator employs a distinctive approach to ensure accuracy.
Methodology
Historical Volume Comparison: The indicator first assesses the current bar's volume, say 100k,...
VOLUME SPIKES & GROWING VOLUME SIGNALS WITH ALERTS & SCANNER
This indicator shows arrows when there is a volume spike. It also paints the background when volume is growing. There is also a volume scanner for 8 tickers that will change color in real time when your other favorite tickers see volume growth and spikes.
You can customize the length of DMI, the number...
![BTCUSDT: Volume Spike Analysis [Trendoscope]](https://s3.tradingview.com/z/ZaliXFLV_mid.png "Volume Spike Analysis [Trendoscope]")
