Favorite Volume Indicators In ThinkOrSwim

My Favorite Volume Indicators:
The majority of the indicators on my charts are related to volume. Volume moves price.
While my exact indicators are only available on the VIP forum and VIP discord;
the below indicators are similar.

I make sure that when choosing scripts, that each is presenting a different view / aspect of volume.
Because collinear indicators provide no added value.

1. Buying Selling Volume Pressure Indicator
VIP version: https://usethinkscript.com/threads/volume-tape-reader.16118/

2. Volume Price Analysis
VIP version: https://usethinkscript.com/threads/market-phase-vsa-candle-painting-indicator-for-thinkorswim.9275/

3. Relative Volume Spike
VIP version is merged into the VIP Volume Profile linked below.

4. Volume Stats and Labels
VIP version is merged into the VIP Volume Profile linked below.

5. the ToS Volume Profile
VIP version: https://usethinkscript.com/threads/volume-price-trends.16117/

6. Anything and everything created by @Jman831

7. Anything and everything created by @Welkin

There are no trend indicators or oscillators in the above list or any other lagging indicators. My only interest is in what the current dynamic volume is doing.

There are no magic "buy now" indicators in the list. These indicators tell me:
"psssst. volume is doing something".
You can't be sure what the current volume is telling you until you combine these indicators with a good basic strategy:

AND whether swinger, day trader, or scalper, it needs to be reviewed over your 3 timeframes:
Last edited:

Join useThinkScript to post your question to a community of 21,000+ developers and traders.

I’m with @MerryDay on this. A great way to see how price moves is the volume activity.

The volume buying/selling pressure indicator paired with a volume profile is a pretty amazing pair.
You can gauge who’s in control at the point of control levels on the volume profile.

Similar threads

Not the exact question you're looking for?

Start a new thread and receive assistance from our community.

87k+ Posts
166 Online
Create Post

Similar threads

Similar threads

The Market Trading Game Changer

Join 2,500+ subscribers inside the useThinkScript VIP Membership Club
  • Exclusive indicators
  • Proven strategies & setups
  • Private Discord community
  • ‘Buy The Dip’ signal alerts
  • Exclusive members-only content
  • Add-ons and resources
  • 1 full year of unlimited support

Frequently Asked Questions

What is useThinkScript?

useThinkScript is the #1 community of stock market investors using indicators and other tools to power their trading strategies. Traders of all skill levels use our forums to learn about scripting and indicators, help each other, and discover new ways to gain an edge in the markets.

How do I get started?

We get it. Our forum can be intimidating, if not overwhelming. With thousands of topics, tens of thousands of posts, our community has created an incredibly deep knowledge base for stock traders. No one can ever exhaust every resource provided on our site.

If you are new, or just looking for guidance, here are some helpful links to get you started.

What are the benefits of VIP Membership?
VIP members get exclusive access to these proven and tested premium indicators: Buy the Dip, Advanced Market Moves 2.0, Take Profit, and Volatility Trading Range. In addition, VIP members get access to over 50 VIP-only custom indicators, add-ons, and strategies, private VIP-only forums, private Discord channel to discuss trades and strategies in real-time, customer support, trade alerts, and much more. Learn all about VIP membership here.
How can I access the premium indicators?
To access the premium indicators, which are plug and play ready, sign up for VIP membership here.