Volume Reversal Candle

✅ This script is clean and fully functional — it highlights volume-based reversal zones using both color and labels directly on the main chart.

This indicator detect potential reversal points where price forms a local high/low together with a volume spike.

Reversal Zone:
Bullish = candle closes green, is at local lowest low.
Bearish = candle closes red, is at local highest high.

🔔 Alerts

You can set TradingView alerts using:

📈 Bullish Volume Reversal
📉 Bearish Volume Reversal
They’ll trigger when such reversals occur on bar close.

💡 Visuals on Chart

Candle color: Green (bullish) / Red (bearish) when reversal detected.
Text labels: “Bullish Volume” or “Bearish Volume.”
Marker arrows: ▲ for bulls below bar, ▼ for bears above bar.
Everything appears on the main chart, not in a separate pane.