OPEN-SOURCE SCRIPT

High Low Color Volume

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Companion to High Low Color Bars, for strategies that don't use open and close levels. Color is determined using change in midpoints between high and low ( hl2 ), with degrees of shading based on threshold levels in the settings. The default threshold is 1.2 standard deviations of the change in hl2.

I use this to get a less noisy visual of volume-driven momentum.

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