TradingView
IldarAkhmetgaleev
29 giu 2019 05:17

Colored Volume per Range Bars 

Bitcoin / U.S. dollarBitstamp

Descrizione

Shows relative volume per price range by bar colors.

Note di rilascio

Use log scale to calculate ranges.

Note di rilascio

Do not use log on volume.

Note di rilascio

Go back to linear price difference.

Note di rilascio

Algorithm rewrite.

Note di rilascio

Calculate price range by division.
Division works better in daily and weekly timeframes.

Note di rilascio

Default interval is changed.

Note di rilascio

Add option to use custom ticker as volume source
Commenti
CR_FX
hi there sorry to bother im using your range bar indicator i like it but i'm still have some trouble on how it works can you breifly explain it and how each color works thanks
IldarAkhmetgaleev
@CR_FX, The indicator shows the dependence of effort (volume) and result (volatility). Red means a big effort with a small result, and blue means a small effort with a big result. In key points, usually, a struggle occurs, which is rendered as a large effort (large volume) with a small result (low volatility).
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