OPEN-SOURCE SCRIPT
bar volume color
This script colors each candlestick based on volume strength:
Direction: Green for up-candles, Red for down-candles.
Intensity: The higher the current volume compared to the recent average, the brighter and more solid the color becomes. Low-volume bars look pale and faded.
So you instantly see which moves are backed by strong trading activity and which are weak.
Direction: Green for up-candles, Red for down-candles.
Intensity: The higher the current volume compared to the recent average, the brighter and more solid the color becomes. Low-volume bars look pale and faded.
So you instantly see which moves are backed by strong trading activity and which are weak.
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.
t.me/TraderNeuro
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.
t.me/TraderNeuro
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.