[PW] Volume Standard Deviation

Bitcoin / United States DollarCoinbase

描述

⋅ Aug 25, 2017 9:25 PM

Here is a nice little script that highlights areas of volume using standard deviation, you can choose the look back periods.

This script is based on the excellent script by: @SteynTrade - tradingview.com/v/Qcty3MDY

I have simplified it a bit and made it readable to my taste using alpha to highlight high volume areas.

Enjoy.

LeLyonnais

⋅ Aug 27, 2021 2:37 PM

Hi sir, many thanks for this tool, whats the indicator for the bar color ? thanks

Random-walk

⋅ Mar 2, 2021 8:36 PM

Thank you. I would love if you could update to option for more colors based on STD. 0-1X, 1-2X, 2-3X and 3X+ for instance. And I would love to have the option to have RVOl numbers at the Y axis instead of volume.

AgentSmith007

⋅ Apr 29, 2018 12:30 AM

Fantastic! Thanks for your excellent work.

JonathanKrier

⋅ Aug 25, 2017 9:46 PM

So the highlighted volume bars suggest that the volume was outside of one standard deviation from the mean?

pigloo

⋅ Aug 25, 2017 9:56 PM

@JonathanKrier

Bright : Volume > 1 x STD of the look back period.
Very Bright: Volume > 2 x STD of the look back period.