PROTECTED SOURCE SCRIPT
Actualizado Volume Bars - Leviathan x Tradingriot
This script is a collaboration with Tradingriot. It improves the regular volume indicator by coloring the bars based on different criteria to provide additional insights into market activity.
Coloring conditions are calculated using a combination of relative volume (current trading volume relative to past trading volume) and price movements (candle high-low range):
1. **High Volume**: This is represented by bars that exceed a user-defined relative volume (RVOL) or are the highest volume over a certain lookback period. They often signal a start or the end of a price move.
2. **Low Volume**: These are bars where volume is lower than a certain RVOL or is the lowest volume over a certain lookback period. Low Volume bars often act as weak spots that later get filled.
3. **Churn Bars**: Churn bars represent periods where there is a lot of volume, but little price movement. They often signal a start or the end of a price move.
Coloring conditions are calculated using a combination of relative volume (current trading volume relative to past trading volume) and price movements (candle high-low range):
1. **High Volume**: This is represented by bars that exceed a user-defined relative volume (RVOL) or are the highest volume over a certain lookback period. They often signal a start or the end of a price move.
2. **Low Volume**: These are bars where volume is lower than a certain RVOL or is the lowest volume over a certain lookback period. Low Volume bars often act as weak spots that later get filled.
3. **Churn Bars**: Churn bars represent periods where there is a lot of volume, but little price movement. They often signal a start or the end of a price move.
Notas de prensa
Minor updateNotas de prensa
Minor update v2Script protegido
Este script se publica como código cerrado. Sin embargo, puede utilizarlo libremente y sin limitaciones: obtenga más información aquí.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Script protegido
Este script se publica como código cerrado. Sin embargo, puede utilizarlo libremente y sin limitaciones: obtenga más información aquí.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.