SPX Direction Volume Whale Hunter

Contact customer support at support@spxdirection.com to get access to this add-on for Bookmap.

BIG PICTURE (MENTAL MODEL)

This tool answers one question:

"Who is actually moving the market right now?"

Not price.
Not candles.
Not patterns.

Volume.

Because:

  • Price can fake
  • Volume cannot

Volume vs Price

WHAT YOU ARE TRACKING

There are only 3 forces:

  • Buying Pressure
  • Selling Pressure
  • Imbalance (Domination)

Volume Forces

From the system:

  • buyerVolume
  • sellerVolume
  • dominatingVolume

Volume Metrics

HOW THE SYSTEM WORKS

Step 1
Capture every trade

 Trade Capture

Step 2
Classify:

  • Buyer or Seller

 Trade Classification

Step 3
Store data:

  • Volume history
  • Volume bars
  • Period data

 Data Storage

Step 4
Calculate:

  • Averages
  • Domination
  • Trends

 Calculations

Step 5
Trigger alerts when thresholds are met

 Alert Triggering

THE THREE TIME LAYERS

Layer 1 — Real-Time (Now)

  • Current trades
  • Instant spikes

Layer 1 Real-Time

Layer 2 — Volume Bar (Short-Term)

  • Example: 60 seconds
  • Shows bursts and quick moves

Layer 2 Volume Bar

Layer 3 — Average Period (Context)

  • Example: 15 minutes
  • Defines what is normal

Why this matters:
You see immediate, short-term, and context all at once.

DOMINATION (MOST IMPORTANT)

Domination = abs(buyer - seller)

Layer 3 Average Period

Layer 3 Average Period

How to read:

  • Buyers > Sellers = Bullish
  • Sellers > Buyers = Bearish

Strength comes from SIZE of the difference:

  • Small difference = weak move
  • Large difference = strong move
  • Huge difference = whales entering

MARKET CONDITIONS

1. Balanced Market
Buyer ≈ Seller
→ No trade

Balanced Market

2. Slow Trend
Small domination
→ Weak signal

Slow Trend

3. Strong Trend
Clear domination
→ Good trade

4. Explosive Move
Volume spike + domination
→ Best opportunity

Explosive Move

ALERT TYPES

A. Average-Based Alerts

Triggered when:

  • Average volume exceeds threshold

Average-Based Alerts

Meaning:
Sustained pressure

B. Volume Bar Alerts

Triggered when:

  • Buyer volume high
  • Seller volume high
  • Total volume high
  • Dominating volume high

Volume Bar Alerts

Meaning:
Sudden event

Key difference:

  • Average = slow pressure
  • Volume bar = sudden impact

SIGNAL STACKING (STRATEGY)

Best BUY setup:

  1. Buyer average is high
  2. Buyer dominating
  3. Volume spike present
  4. Seller weak

Best BUY Setup

→ Strong long

Best SELL setup:

  1. Seller average is high
  2. Seller dominating
  3. Volume spike present
  4. Buyer weak

Best SELL Setup

→ Strong short

WHEN TO AVOID TRADING

  • Buyer and seller both high (choppy)
  • Domination keeps flipping
  • Volume is low

THRESHOLDS

Thresholds define:
"What counts as important"

Low thresholds:

  • More signals
  • More noise

High thresholds:

  • Fewer signals
  • Higher quality

Rule:
Start medium, adjust later

COOLDOWN

Cooldown prevents repeated alerts.

Without it:

  • Alert spam
  • Overtrading

With it:

  • Clean signals
  • Better decisions

FAST TRAINING RULES

Rule 1
Follow the stronger side

Rule 2
Only trade when volume is high

Rule 3
Avoid balanced markets

QUICK DECISION FLOW

Ask:

  1. Who is dominating?
  2. Is volume high?
  3. Is it consistent or a spike?

If YES → Trade
If NO → Wait

ADVANCED INSIGHT

The system also tracks:

  • Previous periods (prev1, prev2)
  • Trend changes
  • Domination percentages
  • Relative Volume Index (RVI)

This allows:

  • Comparing past vs present
  • Detecting acceleration
  • Spotting reversals early

FINAL MINDSET

Do not predict.

Observe:

  • Pressure
  • Imbalance
  • Momentum

FINAL RULE

Trade with the side that is:

  • Stronger
  • Faster
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