Volume-Based Scalping Buy/Sell Filtered

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//@version=5 indicator("🔥 Volume-Based Scalping Buy/Sell Filtered", overlay=true) // === INPUT SETTINGS === volLen = input.int(20, "Volume MA Period") volMultiplier = input.float(1.5, "Volume Spike Multiplier") minBodyPercent = input.float(1.0, "Min Body % of Candle", step=0.1) // === CALCULATIONS === // Candle body size in % bodySize = math.abs(close - open) candleRange = high - low bodyPercent = (bodySize / candleRange) * 100 // Volume calculation volMA = ta.sma(volume, volLen) isHighVol = volume > volMA * volMultiplier // Candle type isBullishCandle = close > open isBearishCandle = close < open // === SIGNAL CONDITIONS === buySignal = isBullishCandle and isHighVol and bodyPercent > minBodyPercent sellSignal = isBearishCandle and isHighVol and bodyPercent > minBodyPercent // === PLOT SIGNALS === plotshape(buySignal, title="BUY", location=location.belowbar, style=shape.labelup, text="BUY", color=color.green, textcolor=color.white, size=size.small) plotshape(sellSignal, title="SELL", location=location.abovebar, style=shape.labeldown, text="SELL", color=color.red, textcolor=color.white, size=size.small)

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