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