TradingView
IldarAkhmetgaleev
29 cze 2019 05:17

Colored Volume per Range Bars 

Bitcoin / U.S. dollarBitstamp

Opis

Shows relative volume per price range by bar colors.

Informacje o Wersji

Use log scale to calculate ranges.

Informacje o Wersji

Do not use log on volume.

Informacje o Wersji

Go back to linear price difference.

Informacje o Wersji

Algorithm rewrite.

Informacje o Wersji

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

Informacje o Wersji

Default interval is changed.

Informacje o Wersji

Add option to use custom ticker as volume source
Komentarze
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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