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Volume Zones Internal Visualizer

By LuxAlgoFeb 5, 2025

Volume Zones Internal Visualizer is an indicator on Vela, our next-generation charting platform, written in Pine Script®.

Static chart image

Volume Zones Internal Visualizer opens each chart candle to show where volume accumulated inside it. Lower-timeframe data assembles an intrabar volume profile for every candle, rendered as the indicator's own candlestick type: an outlined box for the range, a solid-colored zone over the heaviest volume, a transparent zone over the thinnest, and a line at the close of the single busiest lower-timeframe candle, the Peak Activity Level (PAL). It reads best with the regular chart hidden, or in a pane beside a conventional one.

How to Trade the Volume Zones Internal Visualizer?

  • Solid zones: the highest-volume region of the candle, where that session's business concentrated and acceptance is strongest.
  • Transparent zones: the least-traded stretch of the range, more likely to be traversed quickly on a revisit.
  • PAL lines: each candle's peak-activity close extends into later sessions as a working level; once price crosses a PAL it counts as mitigated and stops displaying.

Unmitigated PALs mark the close of the busiest lower-timeframe candle inside earlier candles, so many traders study the reaction when price revisits one before timing entries and exits.

Volume Zones Internal Visualizer Settings

  • Row Size: the number of rows in each candle's internal profile, the granularity of the zones.
  • Intrabar Timeframe: which lower timeframe supplies the calculation data.
  • Show Last Unmitigated PALs: how many uncrossed PALs stay extended forward.
  • Style: element toggles and color controls.

Frequently Asked Questions

Free to use

Run it on Vela. Go further with a paid plan.

  • Up to 500 Custom Alerts, with webhook automation
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  • Orderflow lookback up to full history
  • More Quant usage to customize it, plus extra usage when you need it
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Also works on

TradingView
Original indicatorBuilt in-house by LuxAlgo

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