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mediumVolume Analysis

Tradehook.tech-MTMGBS-VolumeFinder

Volume-based support/resistance detection that identifies price levels where significant volume has occurred.

Key Features
Volume-weighted S/R detection
Dynamic level clustering
Ranked by volume significance
Auto-updating levels
About This Indicator

TradeHook.tech-MTMGBS-VolumeFinder

Volume-Based Support/Resistance Detection

Category: Volume/S&R | Overlay: Yes | Complexity: ⭐⭐⭐

Description

VolumeFinder identifies price levels where significant volume has occurred, creating a dynamic map of volume-validated support and resistance zones.

Signal Interpretation

  • Level 1 (Thickest): Highest volume level - strongest S/R
  • Level 2-3: Secondary volume levels - moderate S/R
  • New Level Formed: Recent high-volume activity - fresh S/R zone

Best Use Cases

✅ High-probability S/R identification
✅ Stop loss placement
✅ Target identification
✅ Breakout validation

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PlatformTradingView
Subscription AccessTradingView Invite
One-Time PurchaseSource Code
LicensePersonal Use

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