Large volume is meaningful that usually the current price above the highest price of the bars with largest volume usually means uptrend in the short-term. In the opposite, below it means downtrend. I coded this indicator to save the efforts to compare it, make it easily to tell the uptrend/downtrend by above/below and color. Hope you guys enjoy it, and welcome to comment.
The Inputs: Length:the largest volume of bars of the total bars numbers. Color:the above/below colors. Text:Remind this line is large volume R/S.
You can find the video tutorial in my ideas sharing.
릴리즈 노트
Hi,Guys, According to feedbacks of invisible,
1.I move the label to the right. 2.The background color of label can be self-defined. 3.Make the line thicker.
Thanks for comment and share how you feel when using it.
릴리즈 노트
Hi,guys, According to feedback of indicator, some modified functions as below: 1.Self-defined extend the line to the left largest volume bar or not.(Default is yes) 2.Self-defined the width of line (1-4) to be visible.(Default is 1, thinnest)
Hope you guys enjoy it, and welcome to leave your comments below. Thanks.
진정한 TradingView 정신에 따라, 이 스크립트의 저자는 트레이더들이 이해하고 검증할 수 있도록 오픈 소스로 공개했습니다. 저자에게 박수를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 출판물에서 이 코드를 재사용하는 것은 하우스 룰에 의해 관리됩니다. 님은 즐겨찾기로 이 스크립트를 차트에서 쓸 수 있습니다.