Candle Color by Volume

A simple but effective indicator that paints candles with different shades of colors based on the volume transacted.

-> Supports 6 levels of sensitivity at present. Might enhance the granularity later.
-> Darkest indicates the most volume transacted. Lightest, the least. Change it around however you see fit and based on your theme.
-> Use it for your Volume Spread Analysis and/or in conjunction with any other strategies that you employ.
-> Note that the volume ratio is calculated relative to the average volume of the last n candles ( EMA 20 by default).


本着真正的TradingView精神,该脚本的作者将其开源发布,以便交易者可以理解和验证它。为作者喝彩!您可以免费使用它,但在出版物中重复使用此代码受网站规则的约束。 您可以收藏它以在图表上使用。