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Understand what HVQ, HVY, HVD, and HVE mean, what the 🐂 Bull Snort candle filter catches, why Stage / RS / BRS now appear directly on the Volume tab, how the four-tier hierarchy works, and how to combine volume signals with Stage 2 and BRS for high-conviction entries — through a complete written guide and interactive flashcards
Price moves are visible. Volume is the evidence behind them. When an institution decides to accumulate a position, they cannot hide the volume — especially when today’s volume is the highest the stock has seen in a quarter, a year, or in its entire trading history. That is exactly what the Volume tab shows.
Click any card to reveal the answer. Use the search box to find flashcards on a specific topic.
All four signals come from a single question: is today’s volume the highest this stock has seen over a given lookback window? The difference between them is only how far back the window reaches.
Definition: Today’s volume equals the 63-trading-day maximum. Today is the single highest-volume day of the last 3 months.
Signal strength: Notable. A quarterly peak is unusual but happens a few times a year for active stocks. Often marks a breakout from a multi-week consolidation or a quarterly result catalyst.
Typical count: 15–30 stocks on any given trading day.
Definition: Today’s volume equals the 252-trading-day maximum. Today is the single highest-volume day of the last 12 months.
Signal strength: Very strong. An annual volume peak is a genuine event. It typically marks a significant accumulation decision — the beginning of a new leg up, a re-rating after results, or institutional entry after a prolonged base.
Typical count: 4–8 stocks on any given trading day.
Definition: Today’s volume equals the 2,520-trading-day (≈10 year) maximum. Today is the single highest-volume day in the last decade of this stock’s trading history.
Signal strength: Exceptional. A decade-high volume on an up day signals a structural shift — a re-rating on a scale not seen in 10 years. More selective than HVY but broader than HVE.
Typical count: 1–4 stocks on any given trading day.
Definition: Today’s volume equals the 3,750-trading-day (≈15 year) maximum. Today is the single highest-volume day in this stock’s entire recorded trading history.
Signal strength: Generational. An all-time volume peak on an up day is one of the clearest institutional accumulation signals available. It marks a structural re-rating — a moment where the stock’s ownership base is changing fundamentally.
Typical count: 1–3 stocks on any given trading day.
daily volume = daily max(N, daily volume) — which is true only when today’s volume is simultaneously the maximum of the N-day window. Since the window includes today, this fires exactly once: the day that record is set. Not the day after. Not a rolling average. The day of the event itself.
Alongside the four lookback tiers, v2.4.0 adds a candle-quality filter: the Bull Snort. A Bull Snort fires when:
(close − low) / (high − low) ≥ 0.75The third condition is what distinguishes a Bull Snort from a plain high-volume day. Closing in the top quarter of the range means buyers were in full control at the close — they absorbed all selling and drove price to end near the day’s high. The candle itself shows conviction. Use the 🐂 Bull Snort chip in the sub-filter row to isolate these stocks.
The Volume tab includes a strict filter: daily close ≥ 1 day ago close. Only stocks that closed flat or higher today qualify. High volume on a down day is panic selling or distribution. High volume on an up day is accumulation. The filter ensures every result is an up-day event.
Raw volume peaks in illiquid stocks are meaningless. A stock trading 500 shares a day hitting a “Highest Volume Ever” of 2,000 shares is noise, not signal. The Volume tab applies three hard liquidity filters before any result appears:
| Filter | Condition | Why It Matters |
|---|---|---|
| Minimum Price | Close ≥ ₹20 | Eliminates penny stocks where volume spikes are manipulated easily |
| Minimum Market Cap | MCap ≥ ₹100 Cr | Ensures the company is large enough to attract institutional attention |
| Liquidity (Turnover) | 50-day avg volume × close > ₹50L | Ensures average daily liquidity is meaningful — institutions need an exit |
These filters ensure every result in the Volume tab is a liquid, investable stock where the volume signal reflects genuine institutional interest rather than thin-market manipulation.
Click the 🔊 Volume tab in Finmagine Trader. The tab loads asynchronously in the background after the main scans complete — you may see a brief “loading” indicator while all five volume scans (HVQ, HVY, HVD, HVE, Bull Snort) run. This is by design: HVE checks 15 years of volume data and HVD checks 10 years for every NSE stock, which takes slightly longer than the other scans. Stage, RS, and BRS populate automatically 3 seconds after the volume data renders.
Above the results table you will see six filter chips: All, HVE, HVD, HVY, HVQ, 🐂 Bull Snort, each showing a count in brackets. Use them to isolate a tier:
Starting with v2.4.0, the Volume tab displays three additional columns alongside every stock:
These three columns mean you no longer need to open the Stage or BRS tab separately. When HVE/HVD + S2 + BRS ≥ 70 all appear in the same row, you have a complete, high-conviction setup in one glance.
Click any row to open the TradingView chart. Look for:
A stock that sets an all-time volume record necessarily also sets a decade, annual, and quarterly record at the same time. Finmagine Trader applies a strict hierarchy: each stock is shown under its strongest signal only.
| Condition | Badge Shown | Rationale |
|---|---|---|
| Today’s volume is the ≈15-year all-time record | HVE | Generational record — strongest signal. HVD, HVY, HVQ all implied but not shown. |
| Today’s volume is 10-year record (but not 15-year) | HVD | Decade record shown. HVY and HVQ implied but not shown. |
| Today’s volume is 12-month record (but not decade or all-time) | HVY | Annual record shown; quarterly implied but not shown. |
| Today’s volume is 3-month record only | HVQ | Quarterly record shown as-is. |
This means the count under each chip is a genuinely exclusive set. HVE stocks are not also listed under HVD or HVY. Each stock appears exactly once, under its strongest signal.
Finmagine Trader’s Volume tab surfaces the buy-direction half of the HVQ/HVY/HVE system — stocks hitting volume records on up days. But the full volume analysis framework has five bar types and two additional signal categories that complete the picture. Understanding all of them makes you a better reader of volume, even when using the Finmagine tab.
The full framework replaces standard red/green volume bars with a five-type system that gives you quarterly and yearly context on every session:
| Bar Color | What It Means |
|---|---|
| Blue | Buying power is very strong — an HVQ/HVY/HVE record on an up day. This is what the Finmagine Volume tab surfaces. |
| Red + HV label | An HVQ/HVY/HVE record on a DOWN day — massive selling pressure. The opposite of accumulation. Usually followed by a downtrend. |
| Orange + Q/Y label | Lowest Volume Quarter or Year — the “quiet before the storm.” See below. |
| Black | Normal day. Nothing exciting — standard trading volume with no record in either direction. |
| Green | Above-average up day, but not a record. Positive but not a signal event. |
When a stock hits an annual or all-time volume record on a down day, it is the inverse of what the Finmagine tab shows: massive selling pressure, often news-driven. Institutions exiting a position leave the same kind of volume footprint as institutions entering one — just in the opposite direction.
The orange bar with a Q or Y label means the opposite of HVQ/HVY: Lowest Volume Quarter (LVQ) or Lowest Volume Year (LVY). When a stock’s volume hits a multi-month or multi-year low, both buyers and sellers have been fully absorbed — nobody is left to push the price in either direction.
The most powerful pattern the original video describes uses all three stages together:
“This isn’t a magic wand that replaces a framework — but it provides a superior way to look at data by giving you quarterly and yearly context.”
What Finmagine Trader surfaces: Steps 3 and 4 — the accumulation confirmation and the HVQ/HVY/HVE breakout event on up days. The Volume tab deliberately excludes the distribution events. To spot steps 1–2 (the LVQ/LVY “quiet” phase) and step 5 (the high-volume red-bar exit signal), monitor the raw volume bars on TradingView for stocks already on your watchlist.
Common questions about the Volume tab, HVQ/HVY/HVE signals, and how to use them effectively.
The Volume tab fetches live screener data at the time you open the extension or click Refresh. The data is end-of-day by default — the Volume tab is best used after the close (after 3:30 PM IST) when the day’s final volume is confirmed. During market hours, partially completed days may or may not appear depending on how close to the final volume they are.
The HVE signal is point-in-time: it marks the day the event occurred. The signal itself does not persist the next day (unless volume stays equally high). However, the institutional interest that caused the HVE event may continue over days or weeks. Review the chart: if the stock is breaking out of a base, the follow-through over the next few sessions is often the better entry. If the stock gapped up and reversed on the HVE day, the setup may be over.
Very large, highly liquid stocks trade enormous volumes every day. For them to hit an HVE or HVY record, their volume would need to be exceptionally high even by their own standards — which typically only happens on a major corporate event (merger announcement, index rebalancing, QIP). When a Nifty 50 heavyweight appears on the Volume tab, it is worth paying particular attention.
Yes, and this is one of the highest-conviction setups in Finmagine Trader. A stock in Stage 2 (confirmed uptrend with all MAs in correct order) that simultaneously hits an annual or all-time volume record on an up day is showing both structural and institutional confirmation. Use BRS to rank these overlapping setups. Check the BRS tab — such stocks will typically score high there as well.
Yes. Volume signals often surface mid-cap and small-cap names before they become widely known — which is part of their value. An HVE event in a ₹500–2000 Cr company that most retail investors have not heard of can be early evidence of institutional accumulation ahead of a significant price move. Always do your own research before acting: look at the business, the chart, and the financial health of the company before treating a volume signal as a buy signal.
HVD (Highest Volume Decade) checks a 2,520-day window — approximately 10 years. HVE (Highest Volume Ever) checks 3,750 days — approximately 15 years. A stock listed stocks that has traded for, say, 12 years will have its HVD and HVE closely related. A company that listed pre-2010 could have its HVD fire without triggering HVE if the older 15-year record is still intact from a prior market cycle. HVD adds an intermediate tier that is genuinely “generational” without requiring the full 15-year history that some stocks lack. In practice: treat HVD like HVE in terms of conviction level — both represent volume events that have not been seen in a decade or more.
A Bull Snort requires three things simultaneously: (1) volume ≥ 3× the 50-day average — not just high relative to history, but a surge relative to the stock’s own recent norm; (2) the close is above yesterday’s close (up day); and (3) the close is in the top 25% of the day’s range, meaning (close − low) / (high − low) ≥ 0.75. That third condition is the distinguishing feature: the candle closed near its high, showing buyers were in full control and absorbed all intraday selling. A plain HVY stock could have closed near its low (a wick reversal); a Bull Snort stock cannot. Use the 🐂 chip to filter for volume events that also show strong price action on the day itself.
The key insight from the VP community (v2.4.0): “HVE / HVD + Stage 2 + BRS ≥ 70 = Institutional Event in a Confirmed Uptrend.” Previously you had to check the Volume tab, then manually switch to Stage 2 and BRS tabs to confirm structure. Now all three appear in the same row. Stage shows whether the stock is in a Weinstein Stage 2 uptrend. RS (1–99) shows relative strength versus the NSE universe. BRS (0–100) scores the overall setup quality. When a stock shows HVE or HVD alongside S2 and BRS ≥ 70, the verdict is complete without leaving the tab.
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The Volume tab is live in Finmagine Trader v2.4.0 — now with HVD, 15-year HVE, 🐂 Bull Snort, and Stage / RS / BRS columns. Install the extension and catch NSE stocks hitting institutional volume events in confirmed uptrends — free, every morning.
Get Finmagine Trader →The BRS tab ranks every scanned stock 0–100 by structural quality. Combining BRS ≥ 70 with an HVE or HVY event is one of the highest-conviction setups in the extension.
The Breakout Readiness Score: From Scanner to Decision Engine →Explore the other articles in this series to master every scan and tab:
Introducing Finmagine Trader The All Three Signal VCP Breakout Setups Stage 2 Deep Dive Tight Volatility Filter The Minervini Trend Template The Breakout Readiness Score