The BEST Custom Volume Indicator Explained (ThinkorSwim Tutorial for Beginners)

My Custom indicator scripts:

‪@Unfiltered_Fire_Official‬ Volume bars indicator script: http://tos.mx/!RJCC8Y9t

‪@Unfiltered_Fire_Official‬ Auto risk to reward calculator: http://tos.mx/!NbFYx9UY

In this video, I break down my custom ThinkorSwim volume indicator that helps you easily identify who’s in control — buyers or sellers. You’ll learn how to read candles like a pro, interpret volume color zones, and understand how this tool can simplify your trading decisions.

📈 Whether you’re a beginner trader or just want to refine your chart-reading skills, this guide shows you how to combine price action + volume for clearer signals.

👇 Download the custom indicator:
(Link in the description below)

💬 Got questions? Drop them in the comments!

🕒 Timestamps with Emojis:

0:00 🔥 Intro – What This Video Covers
0:09 🧩 Custom Indicator Overview
0:33 📊 Understanding Volume Colors (Gray, Green, Red)
1:15 💡 Reading Buyer vs Seller Pressure
2:05 ⚖️ How to Use the Data for Candle Analysis
3:10 📈 Example: Buyers Take Control
3:43 🔻 Example: Sellers Step In
4:40 📉 Bottoming vs Topping Tails Explained
5:38 ⚔️ Bulls vs Bears Power Struggle
6:50 🚫 Why You Don’t Really Need Indicators
8:20 🧠 How to Read Candle Strength Without Tools
9:40 💬 When to Use the Indicator Anyway
10:06 🔗 How to Download & Install
10:30 ✅ Outro + Next Steps

💡 What You’ll Learn:

How to read buyer/seller volume on ThinkorSwim

How to identify who’s in control using candlestick structure

The truth about volume indicators and why you may not need them

A simple trick to tell bullish vs bearish candles visually

⚙️ Why It Matters:

Understanding volume and candle psychology helps traders avoid emotional trades and false breakouts. This tutorial gives you the clarity to see real market strength — not just colors on a chart.

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📜 UnfilteredFire Trading Disclaimer📜

Disclaimer:
The content on this channel is for educational and informational purposes only.
I am not a licensed financial advisor, and nothing shared on UnfilteredFire should be
considered financial advice, investment advice, or a recommendation to buy or sell any securities.

Trading involves risk and is not suitable for everyone.
Always do your own research, and consult with a licensed financial professional before
making any trading or investment decisions.

Any trades or strategies discussed are for demonstration purposes only
and reflect personal opinions and experiences — not guarantees of future results.

You are solely responsible for your own financial decisions.
UnfilteredFire is not liable for any losses, damages, or financial consequences resulting from
the use of this content.

Past performance does not guarantee future results. Markets change, and trading always carries risk.