Volume acceleration pipe
Volume surge score from 0 to 10: higher means volume is running further above its recent averages.
The indicator adds four volume checks into a whole-number score from 0 to 10. It compares the current bar's volume with three volume averages you wire in, on short, medium and long windows: up to 4 points for a surge over the short average, up to 3 when current volume and each shorter average run above the next longer one, and up to 2 when the surge ratio has risen for the last two or three bars. One more point comes when at least four of the last five bars beat their own five-bar average.
How to read it
- The score sits in its own pane below the price, in whole steps from 0 to 10.
- A reading of 0 means no check fired: volume is not 20% above its short average and is not rising.
- Readings of 7 or more need at least two checks to fire on the same bar, so they mark the strongest bursts.
- Read it against the candles: a rising score during a price move says volume is backing that move.
What it outputs
- Volume expansion score
- Whole-number volume surge score from 0 to 10. Higher means volume is running further above its recent averages.
Pitfalls
- The three averages have no default and must be wired in. If price is fed in instead, volume divided by price tops 3 on most bars, which alone scores 5.
- The name says consecutive, but the last check counts how many of the last five bars beat their own five-bar average: four of five is enough, not four in a row.
- A zero or negative average scores 0 instead of going blank, so a broken average input reads as quiet volume.