Volume Bubbles is a custom indicator for the cTrader platform designed to visually highlight candles with exceptional volume directly on the price chart. It detects high-volume bars by comparing the current candle’s tick volume against a moving average of recent volumes. When a candle’s volume significantly exceeds this average, the indicator draws a colored bubble: below the low for bullish candles and above the high for bearish candles. This visual cue helps traders identify potential climactic moves, areas of strong interest from large market participants, or possible trend exhaustion points.
Key features include adjustable parameters such as the volume period for averaging, volume multiplier threshold, bubble offset in pips, and customizable colors for bullish and bearish volume spikes. Users can also choose to display bubbles only on the latest bar for real-time trading. The indicator integrates directly on the price chart without requiring additional subwindows.
Volume Bubbles serves as a visual filter to confirm breakouts supported by strong volume, spot possible reversals or exhaustion candles, and identify zones of significant market activity. It complements price action and trend-following strategies by providing volume-based insights across various markets including forex, indices, commodities, stocks, and cryptocurrencies.