PROTECTED SOURCE SCRIPT
Updated Volume Based Support & Resistance by 2tm

Hello Guys.
This is very simple but helpful to understand Volume and SnR.

Basically, this script highlights the candle that is weighted volumes as shown as upper Image.

With my other Script Orderblocks, It can be more helpful to find strong EP or TP as shown as upper Image.
If there are conjunctions Orderblock and VSAR, that is killing points.
If you want to use Orderblocks see below.
Orderblock
Thank you and have a nice day.
This is very simple but helpful to understand Volume and SnR.
Basically, this script highlights the candle that is weighted volumes as shown as upper Image.
With my other Script Orderblocks, It can be more helpful to find strong EP or TP as shown as upper Image.
If there are conjunctions Orderblock and VSAR, that is killing points.
If you want to use Orderblocks see below.
Orderblock
Thank you and have a nice day.
Release Notes
UpdateI'd Colord Volume Weighted Candle.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.