HTF Volume Spike & Imbalance Projection
By LuxAlgoMar 26, 2026
HTF Volume Spike & Imbalance Projection is an indicator on Vela, our next-generation charting platform, written in Pine Script®.
HTF Volume Spike & Imbalance Projection opens a higher timeframe candle up and shows what happened inside it. Two blocks are projected beside live price: the prior (ghost) candle and the forming one, each combining the candle itself, a scatter of bubbles marking lower timeframe volume spikes, and a histogram of how volume distributed across the candle's range. When three or more same-direction spikes stack at one price, that level is boxed as a stacked imbalance.
How to Trade the HTF Volume Spike & Imbalance Projection?
- Bubble size and color: larger bubbles mean stronger volume events; green leans buying pressure, red selling.
- Stacked imbalance boxes: repeated one-sided participation at a price. Watch for support (bullish) or resistance (bearish) on the retest.
- Volume profile: high-volume areas mark accepted value that price often revisits for targets or reversion trades.
- Sparse bubbles: a move with little spike activity carries weak participation and gives ground back more easily.
Ghost-bar zones are the natural starting point: an imbalance left in the completed candle, retested during the current one, confirmed on the chart timeframe before entry. The same bubbles can print on your live candles too, a useful bridge to the rest of the volume and order flow tools.
HTF Volume Spike & Imbalance Projection Settings
- HTF Anchor Timeframe: the projected higher timeframe; Auto picks a logical one for the current chart.
- Spike Granularity: the lower timeframe scanned for spikes inside each anchor candle.
- Volume Spike Multiplier: how far above average volume must rise to qualify as a spike. Higher is more selective.
- Volume MA Length: the lookback for that volume average.
- Display toggles cover Show Ghost (Previous) Bar, Highlight Stacked Imbalances, Show Anchor Connection Lines, and Show Imbalances on Chart Candles. Spike bubbles on your chart candles are always drawn; the Show Bubbles on Chart Candles input currently has no effect.
Frequently Asked Questions
Free to use
Run it on Vela. Go further with a paid plan.
- Up to 500 Custom Alerts, with webhook automation
- Up to 10× the chart history of Free
- Orderflow lookback up to full history
- More Quant usage to customize it, plus extra usage when you need it
- Futures data alongside crypto, stocks, forex and commodities
Also works on
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