OPEN-SOURCE SCRIPT
Volume [Educational]
Hello All,
This is an educational work and it's developed to show how to write scripts that will work like built-in volume indicator.
We have new features in Pine Script™ Language, such chart.bg_color, chart.fg_color, chart.left_visible_bar_time, chart.right_visible_bar_time and many more. Many Thanks to Tradingview and Pine Team for such great additions!
You can find more information about these new functions here.
How the script works?
- At the first step it calculates how many visible bar on the chart by using chart.right_visible_bar_time and chart.left_visible_bar_time functions.
- Calculates the zero line for the volume
- Finds maximum volume on visible area and normalize all volume values
- Draws volume bars
- Shows volume info as indicator value. in this step it uses chart.fg_color and plotarrow() commands to show the values in optimum color.
In order to place the indicator at the bottom of the chart, Please set Bottom Margin = 0 as shown in the following screenshot:
You can change the volume bar colors optionally.
An Example screenshot with different volume bar colors:
Enjoy!
This is an educational work and it's developed to show how to write scripts that will work like built-in volume indicator.
We have new features in Pine Script™ Language, such chart.bg_color, chart.fg_color, chart.left_visible_bar_time, chart.right_visible_bar_time and many more. Many Thanks to Tradingview and Pine Team for such great additions!
You can find more information about these new functions here.
How the script works?
- At the first step it calculates how many visible bar on the chart by using chart.right_visible_bar_time and chart.left_visible_bar_time functions.
- Calculates the zero line for the volume
- Finds maximum volume on visible area and normalize all volume values
- Draws volume bars
- Shows volume info as indicator value. in this step it uses chart.fg_color and plotarrow() commands to show the values in optimum color.
In order to place the indicator at the bottom of the chart, Please set Bottom Margin = 0 as shown in the following screenshot:
You can change the volume bar colors optionally.
An Example screenshot with different volume bar colors:
Enjoy!
Script open-source
In pieno spirito TradingView, l'autore di questo script lo ha pubblicato open-source, in modo che i trader possano comprenderlo e verificarlo. Un saluto all'autore! È possibile utilizzarlo gratuitamente, ma il riutilizzo di questo codice in una pubblicazione è regolato dal nostro Regolamento. Per aggiungerlo al grafico, mettilo tra i preferiti.
Vuoi usare questo script sui tuoi grafici?
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.