Volume is an essential indicator in technical analysis as it can signal confirmations of movement, reversals, and more. This indicator was developed to identify candles with high volume in both the current timeframe and a lower timeframe
SETTINGS The indicator has two display modes: Candles and Volume. - Candles: it presents a traditional candlestick chart that shows the candles of the current timeframe, along with the candle with the highest volume from the lower timeframe. - Volume: it features a volume chart displaying the volume of the current timeframe in histogram form, as well as the bar with the highest volume from the lower timeframe represented in columns.
LOWER TIME FRAME SETTINGS - Lower Time Frame: the lower timeframe to be taken into consideration. - LTF Candle Display: determines which candles from the current timeframe chart will display the candles with the highest volume from the lower timeframe. - Volume Display: determines how the volume bars will be presented for both the current timeframe and the lower timeframe.
VOLUME LEVEL SETTINGS - SMA Period: the time period for calculating the volume average. - High Volume: the multiplier used to classify a candle as having high volume. - Medium Volume: the multiplier used to classify a candle as having medium volume. - Low Volume: the multiplier used to classify a candle as having low volume. - Show Volume MA: enable this option to display the Volume MA on the chart.
COLOR SETTINGS - Candle Color: the color to be used in the charts. - Shade Intensity [1-255]: the intensity of the shades for volume levels. - Transparency [1-100]: the transparency to be used for the candles of the current timeframe when displaying candles with higher volume from the lower timeframe.
오픈 소스 스크립트
진정한 트레이딩뷰 정신에 따라 이 스크립트 작성자는 트레이더가 기능을 검토하고 검증할 수 있도록 오픈소스로 공개했습니다. 작성자에게 찬사를 보냅니다! 무료로 사용할 수 있지만 코드를 다시 게시할 경우 하우스 룰이 적용된다는 점을 기억하세요.
차트에서 빠르게 액세스하려면 이 스크립트를 즐겨찾기에 추가하세요 — 여기에서 자세히 알아보기.