Volume & Order Flow: A TradingView Guide a thread 🧵
Luckshury@Luckshuryy
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Apr 23, 2025
~2 min read
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Volume & Order Flow: A TradingView Guide
a thread 🧵
a thread 🧵
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In this thread, I will cover the following:
- Relative volume
- Market order bubbles
- Buy/Sell volume
- How I use them
- All my settings
- Relative volume
- Market order bubbles
- Buy/Sell volume
- How I use them
- All my settings
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Relative Volume
How is volume in comparison to previous candles average?
I'm using a setting to look back at the previous 25 candles and comparing the volume against that average.
If a candle has a volume that is 2x the average or above, it is classified as a volume spike.
How is volume in comparison to previous candles average?
I'm using a setting to look back at the previous 25 candles and comparing the volume against that average.
If a candle has a volume that is 2x the average or above, it is classified as a volume spike.
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Market Order Bubbles
Identifying increased aggressiveness on either side of the market.
At highs:
shorts getting liquidated - market buy
new longs entering - market buy
At lows:
longs getting liquidated (longs closing) - market sell
new shorts entering - market sell
Identifying increased aggressiveness on either side of the market.
At highs:
shorts getting liquidated - market buy
new longs entering - market buy
At lows:
longs getting liquidated (longs closing) - market sell
new shorts entering - market sell
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Market Order Bubbles
These orders are set to chosen thresholds to filter out the larger sizes through bubbles.
My settings:
1.5x
2.7x
4.3x
These orders are set to chosen thresholds to filter out the larger sizes through bubbles.
My settings:
1.5x
2.7x
4.3x
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Buy/Sell Volume (extended delta)
Total buys and sells within a candle displayed in a column.
I analyse the candles' OHLC and compare it to the buy or sell volume to identify extended delta.
example:
- candle closes green
- more sell volume than buy volume
= trapped sellers
Total buys and sells within a candle displayed in a column.
I analyse the candles' OHLC and compare it to the buy or sell volume to identify extended delta.
example:
- candle closes green
- more sell volume than buy volume
= trapped sellers
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Periodic Volume Profile
looking for trapped value areas:
Indicator which places a volume profile on top of any timeframe period or candle.
I use this on a per bar basis to look for price closing outside of value area for reversals.
looking for trapped value areas:
Indicator which places a volume profile on top of any timeframe period or candle.
I use this on a per bar basis to look for price closing outside of value area for reversals.
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Execution example
Its important to note, that all that I have mentioned in this thread will not be useful if you apply it to random points in the chart.
You must have a plan and a poi as to where you will look to see this data.
Its important to note, that all that I have mentioned in this thread will not be useful if you apply it to random points in the chart.
You must have a plan and a poi as to where you will look to see this data.
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Indicators:
Market Order bubbles - tradingview.com/script/pSwFmhu…
Volume Candles & Buy/Sell Volume - tradingview.com/script/YNMTwt1…
Periodic Volume Profile - Default Tradingview Indicator
For free Exocharts templates, unreleased trade breakdowns & more:
⤷ luckshury.trade
Market Order bubbles - tradingview.com/script/pSwFmhu…
Volume Candles & Buy/Sell Volume - tradingview.com/script/YNMTwt1…
Periodic Volume Profile - Default Tradingview Indicator
For free Exocharts templates, unreleased trade breakdowns & more:
⤷ luckshury.trade