Hambone's Abnormal Volume: Detect Unusual Activity with Precision

Hambone's Abnormal Volume is a specialized tool designed to identify abnormal trading volume during non-peak trading sessions. Originally built for personal use, this volume indicator focuses on detecting significant volume spikes during the London, Tokyo, and Sydney sessions, where futures volume is typically much lower compared to the New York session. This makes it a valuable tool for traders looking to spot unusual market activity in times of lower liquidity.

Spot Abnormal Volume with Ease

Hambone's Abnormal Volume is designed to catch volume anomalies that exceed the standard deviation of volume during the London, Tokyo, and Sydney sessions. When abnormal volume is detected, a red or green X (or cross) is plotted above the bar, indicating a potential bearish or bullish volume spike on that candle. The volume bars also change color based on whether the volume is predominantly being interpreted as bid-side or ask-side volume, providing additional context to market activity.

Example of Abnormal Volume Spikes

Customizable Volume Analysis

To provide flexibility in volume analysis, Hambone's Abnormal Volume allows users to choose from six different types of moving averages to fine-tune how volume data is calculated:

  • Simple Moving Average (SMA)
  • Exponential Moving Average (EMA)
  • Triple Exponential Moving Average (TEMA)
  • Double Exponential Moving Average (DEMA)
  • Weighted Moving Average (WMA)
  • Linear Regression Moving Average

This customization allows traders to adapt the indicator to their preferred style, giving them more control over the signals they receive.

Settings Panel for Moving Average Types

Best Use Cases for Hambone's Abnormal Volume

  • Non-Peak Sessions: Hambone's Abnormal Volume is best suited for detecting volume irregularities during non-peak sessions (London, Tokyo, Sydney), where market activity is generally quieter.
  • Market Versatility: Ideal for trading Futures during non-New York sessions where volume tends to be lower, but also applicable to Crypto, Forex, and Stocks.
  • Volume Analysis Flexibility: Customize the indicator with six different moving average types to adapt the volume analysis to your trading style.
Different Market Types with Abnormal Volume Alerts

Why Choose Hambone's Abnormal Volume?

  • Focused on Abnormalities: Detect irregular volume spikes during sessions with typically lower liquidity.
  • Customizable Moving Averages: Choose from six different moving average calculations for a tailored approach to volume analysis.
  • Visual Alerts for Quick Analysis: Red and green visual markers make it easy to see abnormal volume spikes and understand the sentiment behind them.
  • Seamless Integration with Hambone Suite: Part of the complete Hambone Suite of Indicators, providing a comprehensive set of tools for market analysis.

Nothing Abnormal About This Pig!

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