Simple indicator which shows volume spikes. By default spike is defined as such when volume is 2 times higher than average volume for last 10 volume bars (this can be changed in settings) Also instead of using average volume (SMA is used in this case) you can use WMA or EMA by changing settings
Is there anyway to also make the word spike appear in the top portion of the chart? Great work!
cloves2020
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To put the volume spikes on your chart, open the DOM object panel on right after adding the indicator. Then drag the indicator to the main chart window.
Josh1980
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Is there a way to set an alert for when a spike occurs?
tamararkehrli
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GREAT SCRIPT! I've been looking for this but I use Tradestation.
tamararkehrli
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Can you provide the script for Tradestation Easylanguage?