Product Overview
The Volume Spike Candle Tracker is a professional-grade cTrader indicator designed to detect institutional 'Smart Money' activity, high-liquidity breakouts, and market exhaustion points. By evaluating real-time Tick Volume against a customizable Moving Average, this tool isolates market noise and visually highlights exactly where the heavy buying or selling pressure enters the market.

Key Features & Visual Signals

• Clutter-Free Signals: Instead of changing candle colors or cluttering the lower window, it plots a sharp, perfectly centered Yellow Triangle (▲) underneath the candle's wick.
• Precision Placement: The indicator automatically offsets the signal below the candle's low price, ensuring your price action and candlestick bodies remain 100% visible.

Parameters & Customization

• Volume MA Length (Default: 20): Adjusts the period used to calculate the average baseline volume.
• Volume Multiplier (Default: 1.4x): Defines how many times the current volume must exceed the baseline average to trigger the signal.
• Arrow Offset (Pips) (Default: 2.0): Allows users to fine-tune the vertical gap between the triangle signal and the bottom of the candlestick wick.

Best Use Cases

• Breakout Confirmation: Validates key support/resistance breaks. A breakout accompanied by a yellow triangle confirms strong institutional backing, reducing the risk of fakeouts.
• Trend Reversal Warning: Volume surges at the end of extended trends often indicate exhaustion, giving traders early warning signs to lock in profits or prepare for counter-trend setups.

Who is it for?
This tool is perfect for price action traders, breakout traders, and scalpers across all timeframes who want to integrate volume analysis into their strategy without messing up their chart template.