Time Segmented Volume (TSV) Indicator Explained

Time Segmented Volume (TSV), from Worden Brothers, segments the tape and accumulates volume signed by each segment's price change — building an oscillator that reveals whether money is entering or leaving over time, independent of the price pattern on top.

How It Works

• Volume is signed by price change per segment and summed over the window.
• Positive, rising TSV: net accumulation; negative, falling: distribution.
• Often read with a moving average of itself for crossovers.

How to Trade It

TSV's specialty is pre-breakout accumulation: a flat base in price with TSV grinding upward means buyers are loading quietly — those breakouts carry fuel. Confirm breakouts with TSV above its average, and distrust ones where TSV never left zero.

Building It in Setup.Cash

Add Time Segmented Volume (TSV) in the strategy builder — the length input controls its sensitivity — and use its value in any entry, exit, or filter condition. You can also combine it with other tools in the Indicators Lab or via the AI indicator generator. Compare with OBV, the unsegmented ancestor. For the full category overview, see the volume indicators library guide.

Volume tools need volume data, so they shine on crypto and stocks. Backtest on the exact symbols and feed you plan to trade.