Volume Profile Supertrend [HexaTrades]Volume Profile Supertrend re-imagines the classic Supertrend. Instead of trailing bands built from pure volatility (ATR), it builds them around the levels where real volume has traded the Point of Control and Value Area.
The philosophy is simple: a normal Supertrend follows volatility; this one follows where the market accepts value. Price tends to gravitate to, and trend away from, the zones where the most business gets done. By anchoring the trend engine to value migration, the indicator aims to stay on the right side of the move while filtering out a portion of low-quality volatility noise.
Everything is computed internally in Pine; no built-in Volume Profile tool is used, so it works on any symbol and timeframe that has volume.
💡How it works
1. Rolling Volume Profile:
It looks back over the last Profile Lookback bars, finds the high–low range, and divides it into Number of Rows price buckets. Every historical bar's volume is distributed across the buckets its range spans, producing a fresh volume distribution on every candle.
2. POC, VAH & VAL:
POC (Point of Control) : the price bucket with the highest traded volume (the "fairest price").
Value Area: the script expands outward from the POC until it captures the chosen Value Area % (default 70%) of total volume.
VAH / VAL: the upper and lower edges of that Value Area.
3. Smoothing & Supertrend bands:
POC, VAH, and VAL are smoothed with EMAs to remove jitter. Two trailing bands are then built, exactly like a Supertrend:
Lower band = smoothed VAL − (ATR × buffer) → support used while bullish.
Upper band = smoothed VAH + (ATR × buffer) → resistance used while bearish.
The bands only trail in the trend-following direction, so they lock in as the price advances.
4. Trend flip:
The trend is bullish while price holds above the lower band, and flips bearish when price closes below it (and vice-versa). The flip is evaluated against the previous bar's confirmed bands, so closed candles never change.
💡How to read it
🔶Bullish:A green line sits below the price. The market is accepting a higher value; treat pullbacks toward the line as the trend "breathing." A flip to red is your warning.
🔶Bearish: A red line sits above the price. Value is migrating lower; rallies into the line are where sellers tend to re-engage. A flip to green signals a potential turn.
🔶Choppy Markets: When price is inside the value area and trend strength is low, the market may be sideways.
In these conditions, signals can be weaker. It may be better to wait for a clear value breakout or stronger trend strength.
🔺Signals
- BUY label prints when the trend flips from bearish to bullish.
- SELL label prints when the trend flips from bullish to bearish.
- A flip dot marks the exact bar of the change on the trend line.
- Trend Strength Filter: Set Minimum Trend Strength above 0 to filter out weak trend flips and display only higher-conviction signals. (Available in the indicator settings.)
┼ Dashboard
-Trend: Current direction Bullish or Bearish.
-Strength: 0–100% conviction score blending distance from POC, POC slope, and whether price has broken outside the Value Area.
-Price Position: Above / Inside / Below Value Area.
-Last Signal: The most recent BUY or SELL that fired.
Alerts
The indicator includes alerts for important events:
-Buy Signal / Sell Signal
-Bullish Trend / Bearish Trend (flip)
-Price Above Value Area / Price Below Value Area
-Price Crossing POC EMA
Suggested Settings
For Intraday Trading
Use lower lookback and medium rows for faster signals.
Example:
-Profile Lookback: 50–100
-Rows: 30–50
-EMA Smoothing: 8–14
-ATR Buffer: 0.5–1.0
For Swing trading
Use higher lookback and smoother settings for cleaner signals.
Example:
-Profile Lookback: 100–250
-Rows: 40–70
-EMA Smoothing: 10–21
-ATR Buffer: 0.8–1.5
For Cleaner Signals
-Increase EMA Smoothing Length
-AIncrease TR Buffer
-Increase Minimum Trend Strength
Volume Profile Supertrend combines the proven structure of a Supertrend with the market's true area of value derived from a rolling Volume Profile. Instead of relying solely on price volatility, it follows the migration of value through the Point of Control (POC) and Value Area (VAH/VAL) to identify higher-quality trend changes.
Whether you're a day trader or swing trader, this indicator helps you visualize trend direction, identify dynamic support and resistance, filter weak reversals, and stay aligned with the prevailing market structure. Use it as a standalone trend-following tool or alongside your existing trading strategy for additional confirmation.
We would love to hear your suggestions. If you have ideas for new features, indicators, analytics, or improvements, please share your feedback. Your input helps guide future updates and improve the indicator for all traders.
This indicator is for educational and analytical purposes only. It is not financial advice. Trading involves risk. Always use proper risk management and combine this indicator with your own analysis before taking any trade.
Indicator
Turbulence Fractal Scanner [JOAT]Turbulence Fractal Scanner
Introduction
The Turbulence Fractal Scanner is an advanced open-source volatility chaos prediction engine that combines ATR, Bollinger Band Width, Keltner Channels, Historical Volatility, and Squeeze detection into a unified volatility analysis system. This indicator measures market turbulence across multiple dimensions, creating a comprehensive volatility index that reveals expansion/contraction cycles, squeeze conditions, and breakout predictions.
Unlike single-dimension volatility indicators, the Turbulence Fractal Scanner provides multi-layered volatility intelligence through percentile ranking, composite indexing, regime classification, and squeeze detection. The indicator is designed for traders who understand that volatility precedes price movement and that multi-dimensional volatility analysis provides early warning of significant market shifts.
Why This Indicator Exists
This indicator addresses the need for comprehensive volatility analysis that goes beyond simple ATR or Bollinger Bands. By combining five distinct volatility methodologies, it reveals:
ATR Analysis: Average True Range measures actual price movement volatility
Bollinger Band Width: Measures price dispersion relative to moving average
Keltner Channels: ATR-based bands for volatility envelope detection
Historical Volatility: Statistical measure of price returns volatility
Squeeze Detection: Identifies when Bollinger Bands contract inside Keltner Channels
Composite Volatility Index: Unified measure combining all five components
Regime Classification: Categorizes volatility as Low, Normal, High, or Squeeze
Breakout Prediction: Detects squeeze breakouts with directional bias
Core Components Explained
1. ATR (Average True Range) Analysis
ATR measures the average range of price movement:
True Range: Maximum of (high - low), (high - previous close), (previous close - low)
ATR Calculation: Moving average of true range over period (default 14)
ATR Smoothing: Additional EMA smoothing (default 7) reduces noise
ATR Percent: ATR divided by close, expressed as percentage
ATR Percentile: ATR ranked against 100-bar history (0-100 scale)
ATR percentile shows whether current volatility is high or low relative to recent history. High percentile (> 70) indicates elevated volatility, low percentile (< 30) indicates compressed volatility.
2. Bollinger Band Width Analysis
BB Width measures price dispersion:
Bollinger Bands: SMA ± (standard deviation × multiplier)
BB Width: (Upper band - Lower band) / Middle band × 100
BB Width Percentile: Current width ranked against 100-bar history
Narrow BB Width indicates low volatility and potential breakout setup. Wide BB Width indicates high volatility and potential mean reversion.
3. Keltner Channel Analysis
Keltner Channels use ATR for volatility bands:
Basis: EMA of close (default 20 periods)
Range: ATR × multiplier (default 1.5)
Upper/Lower: Basis ± Range
Keltner Channels adapt to volatility changes and are used in squeeze detection.
4. Squeeze Detection
Squeeze occurs when Bollinger Bands contract inside Keltner Channels:
Squeeze On: BB Lower > KC Lower AND BB Upper < KC Upper
Squeeze Off: Bands no longer contracted
Squeeze Breakout: Transition from Squeeze On to Squeeze Off
Breakout Direction: Determined by close comparison (close > close = bullish)
Squeezes indicate extreme volatility compression. Breakouts from squeezes often lead to significant directional moves.
5. Historical Volatility (HV) Calculation
HV measures statistical volatility of returns:
Returns: Logarithmic price changes (log(close / close ))
Standard Deviation: StdDev of returns over period (default 20)
Annualization: Multiply by sqrt(252) for annual volatility (optional)
HV Percentile: Current HV ranked against 100-bar history
HV provides a statistical measure of actual price volatility, complementing the technical measures (ATR, BB Width).
6. Composite Volatility Index
All three percentile measures are combined into a unified index:
Volatility Index = (ATR Percentile + BB Width Percentile + HV Percentile) / 3
This composite index provides a balanced view of volatility across multiple methodologies. Values range from 0 (extremely low volatility) to 100 (extremely high volatility).
7. Volatility Regime Classification
The indicator classifies volatility into four regimes:
Squeeze (Priority): When squeeze is active, regardless of volatility index
Low Volatility: Volatility Index < threshold (default 30)
Normal Volatility: Volatility Index between low and high thresholds (30-70)
High Volatility: Volatility Index > threshold (default 70)
Regime classification helps traders adapt strategies to current volatility conditions.
8. Volatility Trend Analysis
The indicator tracks volatility direction:
Volatility Trend: 5-period SMA of Volatility Index
Rising Volatility: Trend rising for 3+ consecutive bars
Falling Volatility: Trend falling for 3+ consecutive bars
Expansion: Volatility Index rising for 3+ consecutive bars
Contraction: Volatility Index falling for 3+ consecutive bars
Volatility trends help predict whether turbulence is increasing or decreasing.
9. Breakout Prediction System
The indicator predicts breakouts from squeeze conditions:
Squeeze Breakout: Detected when squeeze transitions from On to Off
Direction: Bullish if close > close , bearish if close < close
Volatility Confirmation: Best breakouts occur when Volatility Index < 40 (compressed)
Breakouts from low volatility squeezes often lead to sustained directional moves.
10. Turbulence Shift Detection
The indicator identifies regime changes:
Regime Shift: When volatility regime changes (Low ↔ Normal ↔ High ↔ Squeeze)
Anti-Overlap: Minimum 10 bars between shift signals
High Vol Entry: Shift into High Volatility regime
Low Vol Entry: Shift into Low Volatility regime
Regime shifts provide early warning of changing market conditions.
Visual Elements
Volatility Index Line: Main line showing composite volatility with regime-based coloring (purple = squeeze, red = high, cyan = low, yellow = normal)
Component Lines: Three thin lines showing ATR, BB Width, and HV percentiles
Volatility Trend Line: Step-line showing smoothed volatility trend
Threshold Lines: Horizontal lines at high (70) and low (30) thresholds, plus median (50)
Zone Fills: Shaded areas above high threshold (red) and below low threshold (cyan)
Squeeze Background: Purple background when squeeze is active
Breakout Signals: Triangles marking squeeze breakouts (cyan = bullish, red/orange = bearish)
Regime Shift Circles: Small circles marking regime transitions
Information Dashboard: Displays regime, volatility index, ATR/BB/HV percentiles, squeeze status, volatility trend, expansion/contraction, breakout status, ATR/BB values, and overall signal
How to Use This Indicator
Step 1: Check Volatility Regime
Monitor the dashboard for current regime (Squeeze, Low Vol, Normal, High Vol). Adapt strategy to regime.
Step 2: Monitor Volatility Index
Volatility Index < 30 = compressed (potential breakout setup)
Volatility Index > 70 = elevated (potential mean reversion or continuation)
Step 3: Watch for Squeeze Conditions
Purple background indicates squeeze. Prepare for breakout when squeeze ends.
Step 4: Identify Breakout Direction
When squeeze breakout occurs, triangle color shows direction (cyan = bullish, red = bearish).
Step 5: Check Volatility Trend
Rising volatility = increasing turbulence, falling volatility = calming conditions.
Step 6: Monitor Expansion/Contraction
Expanding volatility often precedes strong moves. Contracting volatility suggests consolidation.
Step 7: Use Regime Shifts as Alerts
Shifts into High Vol or Low Vol regimes provide early warning of changing conditions.
Best Practices
Trade breakouts from squeeze conditions with low volatility index (< 40)
Avoid trend-following strategies in high volatility regimes (> 70)
Use low volatility regimes (< 30) to prepare for breakout setups
Monitor all three components (ATR, BB, HV) for confirmation
Rising volatility in low regime warns of impending breakout
Falling volatility in high regime suggests consolidation ahead
Combine with trend indicators - volatility shows when, trend shows direction
Be cautious of false breakouts - wait for volatility confirmation
Input Parameters
ATR Configuration:
ATR Length: Period for ATR calculation (default: 14)
ATR Smoothing: EMA smoothing period (default: 7)
Bollinger Bands:
BB Length: Period for BB calculation (default: 20)
BB Multiplier: Standard deviation multiplier (default: 2.0)
Keltner Channels:
KC Length: Period for KC basis (default: 20)
KC Multiplier: ATR multiplier for bands (default: 1.5)
Historical Volatility:
HV Length: Period for HV calculation (default: 20)
Annualize HV: Convert to annual volatility (default: enabled)
Regime Thresholds:
Low Volatility: Threshold for low regime (default: 30)
High Volatility: Threshold for high regime (default: 70)
Visual Configuration:
Low/Normal/High/Squeeze Colors: Customizable regime colors
Originality Statement
This indicator is original in its comprehensive volatility analysis approach. While individual components (ATR, BB, KC, HV, Squeeze) are established concepts, this indicator is justified because:
It combines five distinct volatility methodologies into a unified composite index
Percentile ranking normalizes all components to a common 0-100 scale
The regime classification system categorizes volatility conditions systematically
Squeeze detection with breakout prediction provides actionable trading signals
Volatility trend and expansion/contraction analysis predict volatility direction
Turbulence shift detection identifies regime changes early
The comprehensive dashboard presents all volatility dimensions simultaneously
Disclaimer
This indicator is provided for educational and informational purposes only. It is not financial advice. Trading involves substantial risk of loss. Volatility analysis does not guarantee profitable trades. Low volatility does not guarantee breakouts. High volatility does not guarantee reversals. Always use proper risk management and never risk more than you can afford to lose.
-Made with passion by officialjackofalltrades Indicator
VWAP Multi-TimeframeThis is a multi-timeframe VWAP indicator that provides volume weighted average price calculations for the following time periods:
15min
30min
1H
2H
4H
6H
8H
12H
1D
1W
1M
3M
6M
1Y
You can use the lower timeframes for short term trend control areas and use the longer timeframes for long term trend control areas. Trade in the direction of the trend and watch for price reactions that you can trade when price gets close to or touches any of these levels.
This indicator will provide a data plot value of 1 for bullish when price is above all VWAPs that are turned on, -1 for bearish when price is below all VWAPs that are turned on and 0 for neutral when price is not above or below all VWAPs. Use this 1, -1, 0 value as a filter on your signal generating indicators so that you can prevent signals from coming in unless they are in the same direction as the VWAP trend.
Features
Trend direction value of 1, -1 or 0 to send to external indicators so you can filter your signal generating indicators using the VWAP trend.
Trend table that shows you whether price is above or below all of the major VWAPs. This includes the daily, weekly, monthly and yearly VWAPs.
Trend coloring between each VWAP and the close price of each candle so you can easily identify the trend direction.
Customization
Set the source value to use for all of the VWAP calculations. The default is HLC3.
Turn on or off each VWAP.
Change the color of each VWAP line.
Change the thickness of each VWAP line.
Turn on or off labels for each VWAP or turn all labels on or off at once.
Change the offset length from the current bar to the label text.
Change the label text color.
Turn on or off trend coloring for each VWAP.
Change the color for up trends and down trends.
Turn on or off the trend direction display table.
Change the location of the trend direction display table.
Adjust the background and text colors on the trend direction display table.
How To Use The Trend Direction Filtering Feature
The indicator will provide a data plot value of 1 for bullish when price is above all of the VWAPs that are turned on, a value of -1 for bearish when price is below all of the VWAPS that are turned on and a value of 0 for neutral when price is above and below some of the VWAPs that are turned on.
The name of the value to use with your external indicators will show up as: VWAP Multi-Timeframe: Trend Direction To Send To External Indicators
Make sure to use that as your source on your external indicators to get the correct values.
This 1, -1 or 0 value can then be used by another external indicator to tell the indicator what is allowed to do. For instance if you have another indicator that provides buy and sell signals, you can use this trend direction value to prevent your other indicator from giving a sell signal when the VWAP trend is bullish or prevent your other indicator from giving a buy signal when the VWAP trend is bearish.
You will need to program your other indicators to use this trend filtering feature, but this indicator is already set up with this filtering code so you can use it with any other indicator that you choose to filter(if you know how to customize pine script).
Markets You Can Use This Indicator On
This indicator uses volume and price to calculate values, so it will work on any chart that provides volume and price data.
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Indicator
Thrax - Intraday Market Pressure ZonesTHRAX - INTRADAY MARKET PRESSURE ZONES
This indicator identifies potential support and resistance zones based on areas of significant market pressure. It dynamically plots these zones and adjusts their visibility based on real-time price action and user-defined thresholds. The indicator is useful for traders seeking to understand intraday market pressure, visualize zones of potential price reversals, and analyze volume imbalances at critical levels.
1. Support/Resistance Zones: Wherever the price retraces significantly from its high a support zone is drawn and when it retraces significantly from it low a resistance zone is drawn. The significant retracing is measured by the wick threshold percentage. For instance, if set to 75%, it implies price retracement of 75% either from high or from low for a particular candel
Volume delat: Displays volume delta information where the zones are formed. This can be used by trader to consider only those zones where delta is significant.
2. Breakout Detection: Monitors for price breakouts beyond established zones, deleting zones that are invalidated by price movement. when the price breaks a given zone with the threshold, it is considered to be mitigated and chances of trend continuation is decent.
Candle Coloring: Uses color codes (green, red, and yellow) to represent bullish, bearish, and indecisive (doji) candles, aiding quick visual assessment.
INPUTS
1. Wick Threshold (%) : Sets the minimum wick percentage required for a candle to be considered a support or resistance candidate.
2. Breakout Threshold (%) : Determines the percentage above or below a support or resistance zone that defines a breakout condition. if breaks a zone with the set threshold then the zone will be considered mititgated.
3. Max Number of Support/Resistance Zones : Limits the maximum number of support/resistance zones displayed on the chart, ranging from 1 to 5.
4. Show Wick Percentage Labels : Toggles the display of percentage values for upper and lower wicks on each candle.
TRADE SETUP
Identifying Entry Points: Look for the formation of support or resistance zones. Wait for price to retrace to these zones. if you are willing to take risk, you can consider even zones with low delta. If you want to be more cautious you should consider zones with high delta.
Volume Confirmation: Use the volume information to confirm the strength of the zone. Strong volume differences (displayed as labels) can indicate significant market pressure at these levels.
Breakout Trades: If price breaks through a support/resistance zone by more than the breakout threshold, consider this a signal for a potential trend continuation in the breakout direction.
Risk Management: Set stop-loss levels slightly outside of the identified zones to minimize risk in case of false breakouts. This can be set in input setting for breakout threshold.
Bonus Tip : Mark your significant highs and lows from where prices have retraced multiple times in the near past and if the zone is near these levels it can serve s a strong candidate of support or resistance
Therefore, in conclusion monitor the zones, based on delta and volume presence filter out the zone, wait for price retracement to the zone, intiate the trade with stop loss below zone with a set percentage.
Indicator
Volume Breakout by Chosen VolumeDescription:
The Volume Breakout indicator (VB) is a technical analysis tool that highlights candles with significant trading volume. It helps traders identify potential breakout periods characterized by high volume activity.
How it Works:
The Volume Breakout indicator compares the volume of each candle with a user-defined minimum volume threshold. If the volume of a candle exceeds or is equal to the specified minimum volume requirement, the indicator identifies it as a volume breakout and marks it accordingly.
Usage:
To effectively utilize the Volume Breakout indicator, follow these steps:
1. Apply the VB indicator to your chart by adding it from the available indicators.
2. Customize the minimum required volume parameter according to your trading preferences. This parameter determines the threshold volume level that a candle must meet or exceed to be considered a breakout candidate.
3. Observe the candles on the chart:
- Candles that meet or exceed the minimum required volume are highlighted with a specific color (yellow by default), indicating potential breakout periods.
4. Pay attention to the volume breakout indications within the candles, as they suggest periods of increased trading activity.
5. Analyze the price action accompanying the volume breakout candles. Breakouts often indicate a surge in buying or selling pressure, potentially leading to significant price moves or trend reversals.
6. Combine the analysis of volume breakout candles with other technical analysis tools, such as trend lines, support and resistance levels, or indicators, to confirm potential trade setups.
7. Implement appropriate risk management strategies, including setting stop-loss orders and position sizing, to manage your trades effectively and protect your capital. Indicator
KINSKI Volume Regression TrendRegression trends are typically used to determine when a price is unusually far from its baseline. The script calculates the linear regression of volume and price to determine the trend direction and strength. This can be used to determine the volume support for upward/downward trends.
As a special feature, this indicator allows you to choose from three (as of 07/20/2021) templates with special presets.
The following templates are available:
"Precise" (Period: 4, Smoothing Factor Type: "DISABLED", Smoothing Factor Length = 1).
"Smooth" (Period: 4, Smoothing Factor Type: "RMA", Smoothing Factor Length = 2)
"Long Term (Period: 20, Smoothing Factor Type: "DISABLED", Smoothing Factor Length = 1)
In the selection for templates, the option "DISABLED" can also be selected. Then the user-defined settings selectable under it take effect. There are the following setting options.
"Length": Adjustable period
"Smoothing Factor: Type": Type of moving average
"Smoothing Factor: Length": Adjustable period
Other setting options are:
Color codes: The color codes are explained in the settings
Display types: "Columns", "Histogram", "Area", "Line", "Stepline"
Indicator
Volume Play This is going to be my first published indicator on Trading View. Thanks for PulseWire for providing us this great platform And thanks for all of those who helps me to built this indicator and share there ideas.I cannot mention everyone name here believe me that list going to be huge.Everyone’s idea and help is much appreciated.This is how our PulseWire community is growing day by day with kindness and knowledge. Every time I take so much from community in form knowledge that every time somewhere I feel that I also need to do something for community and finally day arrived .A gift from my side to community.A gift of indicator-VOLUME PLAY
This volume based indicator has High Relative Volume bar Background, Low Relative Volume bar background ,Volume Labels of Buying volume, Selling volume and Total volume count with percentage, Highest Volume in Percentage and Highest 5x volume count and 10x volume count of bar.Plus I have did column scaling to take Down pan input so you can switch pane or add in existing pane without any major problem And all this works on any time frame. Isn’t it good idea?
This indicator displays the volume of each session in a similar manner of the default volume indicator.However it add on the last bar Green and Red bar colours. Green means buying is more than selling and Red means selling is more than buying.On top of Some bar If number appears That means that’s volume is highest multiple volume of 5 and if number appears with label means highest multiple volume of 10.So simple without label volume counts means 5x and with label means 10x.
Now some of bars has background colour of Mint green , Pastel red and White.That’s highlight high relative volume bars with a highly buying activity range in Green and high relative volume bars with a highly selling activity range in Red And white background is low relative volume for that timeframe bar.
I am kind of person who don’t keep show indicator value enable all time.So it’s come in mind why not plot this values without enabling it.So I decided to show this values of buying, selling and total volumes on top near middle pane.Interesting thing is that I made a label with the help of pine script Table feature.Thanks a lot to Pine Team to add this new great feature! It’s great alternative for labels feature.Because of this feature I am able to locate buying, selling and total volume at right place where in most of scenario it will adjust.
Please note that all values are estimate.It’s not accurate.I show volumes in K,M form.Plus with volume I also try to show Buying And Selling volume in percentage form to get rough idea about what’s going on in instrument.Idea is to get better view of volume by splitting it into Buying , Selling and Total volume.This allows you to see are the bulls or bears in-control in relation to the overall Volume.
By default this indicator overlay is false but you can move this indicator pane to existing upper or lower pane.It will help to save space as well.If combine with two indicator at same pane then it will create two value scale at right side.So you will not loose any indicators values.By default I used 50% of vertical space in indicator scale factor.
I tried to make this indicator as accurate as inbuilt volume indicator with added extra feature.The main aim of indicator to get Idea of volume role in that symbol with that specific timeframe.Result might not be accurate but I expect somewhat nearby to accurate.
Kept source code open purposely for learners of pine script. Please avoid misuse or selling of this indicator.Remember Sharing Is Caring. If someone has suggestions or any addition then please comment below.Wishing you all abundance of health, wealth, and prosperity.
After all its all about VOLUME PLAY.
Disclaimer:-This indicator is not meant for buy or sell signals.This post and the script don’t provide any financial advice. This indicator/code IS NOT intended to be a formal investment advice or recommendation by the author, nor should be construed as such. Users will be fully responsible by their use regarding their own trading vehicles/assets.
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