This custom Thinkscript indicator shows you important volume data on your ThinkOrSwim charts. This includes Current Volume, Average 30 Day Volume, Percentage of Current Volume to Average Daily Volume, Average 30 Bar Volume and Current Bar Volume. Volume stats change colors to indicate when the volume reaches the average daily volume level as well as a customizable unusual volume level. This allows you to easily see critical changes in volume levels which are important for all types of trading.

Shared link: https://tos.mx/rSGwbW

YouTube

### The Script:

Code:

```
# Box Volume Stats
# Version 1.0
# Created by: Enigma
# Created: 05/18/17
declare lower;
#Inputs
input Show30DayAvg = yes;
input ShowTodayVolume = yes;
input ShowPercentOf30DayAvg = yes;
input UnusualVolumePercent = 200;
input Show30BarAvg = yes;
input ShowCurrentBar = yes;
#Volume Data
def volLast30DayAvg = (volume(period = "DAY")[1] + volume(period = "DAY")[2] + volume(period = "DAY")[3] + volume(period = "DAY")[4] + volume(period = "DAY")[5] + volume(period = "DAY")[6] + volume(period = "DAY")[7] + volume(period = "DAY")[8] + volume(period = "DAY")[9] + volume(period = "DAY")[10] + volume(period = "DAY")[11] + volume(period = "DAY")[12] + volume(period = "DAY")[13] + volume(period = "DAY")[14] + volume(period = "DAY")[15] + volume(period = "DAY")[16] + volume(period = "DAY")[17] + volume(period = "DAY")[18] + volume(period = "DAY")[19] + volume(period = "DAY")[20] + volume(period = "DAY")[21] + volume(period = "DAY")[22] + volume(period = "DAY")[23] + volume(period = "DAY")[24] + volume(period = "DAY")[25] + volume(period = "DAY")[26] + volume(period = "DAY")[27] + volume(period = "DAY")[28] + volume(period = "DAY")[29] + volume(period = "DAY")[30]) / 30;
def today = volume(period = "DAY");
def percentOf30Day = Round((today / volLast30DayAvg) * 100, 0);
#def avg30Bars = VolumeAvg(30).VolAvg;
def avg30Bars = (volume[1] + volume[2] + volume[3] + volume[4] + volume[5] + volume[6] + volume[7] + volume[8] + volume[9] + volume[10] + volume[11] + volume[12] + volume[13] + volume[14] + volume[15] + volume[16] + volume[17] + volume[18] + volume[19] + volume[20] + volume[21] + volume[22] + volume[23] + volume[24] + volume[25] + volume[26] + volume[27] + volume[28] + volume[29] + volume[30]) / 30;
def curVolume = volume;
# Labels
AddLabel(Show30DayAvg, "Daily Avg: " + Round(volLast30DayAvg, 0), Color.LIGHT_GRAY);
AddLabel(ShowTodayVolume, "Today: " + today, (if percentOf30Day >= UnusualVolumePercent then Color.GREEN else if percentOf30Day >= 100 then Color.ORANGE else Color.LIGHT_GRAY));
AddLabel(ShowPercentOf30DayAvg, percentOf30Day + "%", (if percentOf30Day >= UnusualVolumePercent then Color.GREEN else if percentOf30Day >= 100 then Color.ORANGE else Color.WHITE) );
AddLabel(Show30BarAvg, "Avg 30 Bars: " + Round(avg30Bars, 0), Color.LIGHT_GRAY);
AddLabel(ShowCurrentBar, "Cur Bar: " + curVolume, (if curVolume >= avg30Bars then Color.GREEN else Color.ORANGE));
```

Shared link: https://tos.mx/rSGwbW

YouTube

Last edited by a moderator: