OPEN-SOURCE SCRIPT
Updated Dollar Volume & MA- Dual Liquidity Filter [HowlyTr]
English Description
This indicator provides a clean, minimalist table to monitor the Notional Volume (Dollar Volume) of any asset in real-time. It calculates both the current candle's dollar volume and its simple moving average (SMA) to help traders assess liquidity and execution risk at a glance.
Key Features:
Precision Calculation: Multiplies volume by price to show the actual USD transacted.
Dual Liquidity Filters: Set independent thresholds for the current volume and the average volume. If the value falls below your minimum, the number turns Red to warn of low liquidity.
Custom Vertical Offset: Unlike standard tables, you can manually define the vertical position (row by row) to prevent overlapping with other indicators (like ADR or ATR labels).
Minimalist UI: No backgrounds or borders; includes a toggle to show/hide decimals for a cleaner look.
This indicator provides a clean, minimalist table to monitor the Notional Volume (Dollar Volume) of any asset in real-time. It calculates both the current candle's dollar volume and its simple moving average (SMA) to help traders assess liquidity and execution risk at a glance.
Key Features:
Precision Calculation: Multiplies volume by price to show the actual USD transacted.
Dual Liquidity Filters: Set independent thresholds for the current volume and the average volume. If the value falls below your minimum, the number turns Red to warn of low liquidity.
Custom Vertical Offset: Unlike standard tables, you can manually define the vertical position (row by row) to prevent overlapping with other indicators (like ADR or ATR labels).
Minimalist UI: No backgrounds or borders; includes a toggle to show/hide decimals for a cleaner look.
Release Notes
🛠️ Key Features in this Version:Pine Script v6 Migration: Performance optimizations and full compatibility with the platform’s most modern engine.
Typography Control: Added a numeric scale selector (1-5) to adjust font size. Set to 3 (Normal) by default, it allows users to scale down to Tiny for a minimalist chart setup.
Stylized Background Box: Data is now housed in a solid block with customizable color and transparency. This ensures text readability against any candle type or chart background without obstructing the view.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.