The indicator plots regular volume bars.
The highlight is given by the current cumulative volume for the day, compared to a custom average (standard 20 periods). The stronger the color, the higher the relative volume is. Stocks moving of higher relative volume have higher chances of making predictable moves.
The highlight is given by the current cumulative volume for the day, compared to a custom average (standard 20 periods). The stronger the color, the higher the relative volume is. Stocks moving of higher relative volume have higher chances of making predictable moves.
版本注释:
Added statement to avoid "Internal Server Study Error" on 1 minute chart.
Simplified the code overall
Modified color palette for better differetiantion of levels
Simplified the code overall
Modified color palette for better differetiantion of levels
版本注释:
Added input box for custom relative volume threshold
Minor fixes to plot to maket it more readable
Minor fixes to plot to maket it more readable
版本注释:
Changed display image
版本注释:
Corrected formatting error on 1 min scale