OPEN-SOURCE SCRIPT
SolQuant PVSRA Volume
Significance
The SolQuant PVSRA Volume engine is a specialized implementation of Price, Volume, Support, and Resistance Analysis. It is designed to filter standard retail volume noise by identifying Vector Candles—high-intent price moves validated by specific statistical volume thresholds.
Standard volume bars do not distinguish between active market-maker participation and passive retail churn. This tool bridges that gap by isolating the "Fuel" behind price movement to validate the structural integrity of trends.
Calculations & Methodology
Unlike standard volume oscillators, this script utilizes a dual-axis calculation to define market participation:
Features
Usage
The SolQuant PVSRA Volume engine is a specialized implementation of Price, Volume, Support, and Resistance Analysis. It is designed to filter standard retail volume noise by identifying Vector Candles—high-intent price moves validated by specific statistical volume thresholds.
Standard volume bars do not distinguish between active market-maker participation and passive retail churn. This tool bridges that gap by isolating the "Fuel" behind price movement to validate the structural integrity of trends.
Calculations & Methodology
Unlike standard volume oscillators, this script utilizes a dual-axis calculation to define market participation:
- Relative Intensity Calculation: The script calculates a 10-period simple moving average (SMA) of volume as a baseline. Every current volume bar is then measured as a percentage of this average.
- Vector Tier Logic: Participation is categorized into three mathematically defined tiers:
Rising (1.5x): Indicates above-average momentum entering the market.
Peak (2.0x): Correlates with significant liquidity sweeps or structural breaks.
Climax (5.0x): Represents statistical extremes (500%+) where institutional participation is likely exhausted or a major trend is being initiated.
- Cross-Exchange Synchronization: To solve the issue of fragmented liquidity in crypto spot markets, the script utilizes request.security logic. It allows users to overlay high-liquidity Binance Perpetual volume data onto any chart, providing a consolidated view of professional positioning.
Features
- Synthetic Instrument Override: A proprietary toggle that re-routes volume sourcing to high-liquidity derivatives contracts for more accurate "Vector" detection.
- Momentum Color-Coding: High-contrast visual mapping (Cyan/Violet/Gold) based on spread-to-volume ratios to distinguish between aggressive accumulation and passive distribution.
- Integrated Smoothing: A volatility-adjusted volume MA to help traders identify when "Velocity" is entering the market.
Usage
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.