Breakouts (Increasing Volume or Volume Spike)

[dbg32]

I've been going crazy trying to figure this out. Is there a paintbar that will tell me when volume is increasing or there is a large volume spike in a stock. I've ben trying to put together a breakout painbar..something that will tell me when a stock has crossed its daily resistance area in combination with increasing volume. Any help would be greatly appreciated. Thank you.

[Gazilla]

Hi,
I use this paintbar:

if MACD No Histogram.Main <=MACD No Histogram.Signal
AND MACD No Histogram.Main >=MACD No Histogram.Main[1]
AND Volume+EMA >=Volume+EMA.EMA
AND Bar Close >Bar Open
set color to Yellow and stop

Set the Paintbar to Candle (or whatever you want)

I call it the 'MACD GoldBar'. It identifies stocks that have a volume increase over the Volume EMA(14) when the MACD is turning up from under to the Signal line.

Could use the MACD SMA check box or, the MACD could easily be substituted with a Stochastic, or any other indicator. So it could be called the 'Stochastic GoldBar'!
If you just want to identify Volume delete the MACD in the code, and play with the Volume stuff.