TotM - Volume compare

TotM - Volume Compare Indicator

Overview:
This advanced volume comparison indicator allows traders to monitor and compare trading volumes across up to 15 different symbols simultaneously. Works with any tradable asset - stocks, forex, commodities, cryptocurrencies, indices, or futures. Perfect for identifying market trends, volume shifts, and trading opportunities across multiple instruments.

Key Features:

• Multi-Symbol Tracking: Monitor up to 15 different symbols from any market simultaneously
  
• Universal Compatibility: Works with any asset class - stocks, crypto, forex, commodities, ETFs, indices
  
• Normalized Volume Display: Automatically normalizes volumes for accurate cross-asset comparison
  
• Real-time Ranking Table: Dynamic table showing top performers by volume (customizable 5-15 rows)
  
• Customizable Visualization: Individual color coding for each symbol for easy identification
  
• Price-Weighted Volume Option: Toggle between raw volume and price-weighted volume (Volume × Price)
  
• Smart Error Handling: Automatically skips invalid or unavailable symbols without disrupting the indicator
  
• Moving Average Smoothing: Built-in EMA/SMA smoothing with adjustable period (default: 3)
  
• Cross-Exchange Support: Mix symbols from different exchanges (Binance, NYSE, NASDAQ, etc.)
  

How It Works:
The indicator fetches volume data from selected symbols and normalizes them using a reference value for meaningful comparison. This normalization allows traders to compare assets with vastly different trading volumes and price levels on the same scale. The ranking table automatically sorts and displays the most active symbols, helping traders quickly identify where the market action is concentrated.

Use Cases:

• Compare sector rotation (tech stocks vs financials vs energy)
  
• Monitor volume across different asset classes simultaneously
  
• Track correlated instruments (gold vs gold miners, oil vs energy stocks)
  
• Identify unusual volume spikes across your watchlist
  
• Compare index components' relative activity
  
• Monitor forex pairs volume relationships
  
• Track commodity futures volume patterns
  

Settings:

• Enable/disable individual symbols
  
• Customize colors for each tracked symbol
  
• Adjust MA period for smoothing
  
• Toggle price-weighted volume calculation
  
• Show/hide ranking table
  
• Adjust number of rows in ranking table (5-15)
  

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