PROTECTED SOURCE SCRIPT

Volume Volatility

This script uses the idea behind Bollinger Bands and Market Facilitation Index.

This is not a trend direction indicator. Use this for confirmation only.

Green Bars : High Volume and High Volatility
Yellow Bars : Low Volume and Low Volatility
Blue Bars : Low Volume but High Volatility
Pink Bars : High Volume but Low Volatility

confirmationVolatilityVolume

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