TradingView
IldarAkhmetgaleev
29 de Jun. de 2019 5:17

Colored Volume per Range Bars 

Bitcoin / U.S. dollarBitstamp

Descripción

Shows relative volume per price range by bar colors.

Notas de prensa

Use log scale to calculate ranges.

Notas de prensa

Do not use log on volume.

Notas de prensa

Go back to linear price difference.

Notas de prensa

Algorithm rewrite.

Notas de prensa

Calculate price range by division.
Division works better in daily and weekly timeframes.

Notas de prensa

Default interval is changed.

Notas de prensa

Add option to use custom ticker as volume source
Comentarios
CR_FX
hi there sorry to bother im using your range bar indicator i like it but i'm still have some trouble on how it works can you breifly explain it and how each color works thanks
IldarAkhmetgaleev
@CR_FX, The indicator shows the dependence of effort (volume) and result (volatility). Red means a big effort with a small result, and blue means a small effort with a big result. In key points, usually, a struggle occurs, which is rendered as a large effort (large volume) with a small result (low volatility).
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