ADI Volume Watchlist Column ($SPX)
Created by ADI(@adikvcs)
Note: This script is exclusively accessible through our Discord. For more details on setup, interpretation, and best practices--
Description
Designed for fast-paced trading environments, each ADI Volume Watchlist Column (1m, 5m, and 10m) uses streamlined metrics to detect volume surges in relation to short-term price trends. This approach enables traders to see where momentum might be building or waning—particularly useful for high-volatility setups such as zero-day SPX options.
Color-Coded Indicators:
Each column applies intuitive color thresholds so you can instantly gauge whether current activity is high, moderate, or low relative to recent averages.Bullish/Bearish Bias:
A short-term trend filter helps distinguish whether volume spikes are occurring in an overall bullish or bearish context, saving time and reducing guesswork.Multi-Timeframe Coverage:
Separate scripts for 1-minute, 5-minute, and 10-minute intervals let you monitor different speeds of the market, helping you adapt to evolving intraday conditions.Practical Use Cases:
From scalpers seeking immediate bursts of momentum to traders looking for intraday trend shifts, these columns deliver a succinct snapshot of potential opportunities.
Disclaimer:All trading involves risk, and past performance does not guarantee future results. This script is offered for informational purposes only, and traders should always conduct thorough analysis and apply sound risk management.