Introduction

**[nFinans Premium] Volume Based Support/Resistance Levels **If Price Action is King, then Volume is Queen. Volume Based Support/Resistance (VBSR) takes standard Pivot-based S/R structures and evolves them into a dynamic visual tool by integrating Volume Data.

This indicator doesn't just answer "Where is the support?", but also answers "How strong is this support?" and "Is there real participation at this level?"

🎯 Key Features & Logic

1. Volume-Weighted Zone Intensity Standard indicators draw support and resistance as static, thin lines. VBSR calculates the Relative Volume at these levels.

Low Volume: The zone appears faint, transparent, and thin.

High Volume: The zone becomes darker, thicker, and more opaque. This visually confirms that market participants are actively trading at this price level.

Detailing: https://www.tradingview.com/script/f4A0C46S/