OPEN-SOURCE SCRIPT
Volume Candle Indicator
Volume Candle is the candle with highest volume, which usually breaking the high of that candle can trigger a potential entry if its in a good place in the chart.
and losing the low of it, can trigger a stoploss if you entered on break of the high.
Credit goes to the creator of heatvolume indicator
I added alerts on breaking the high and breaking the low
Enjoy it on your own responsibility!
and losing the low of it, can trigger a stoploss if you entered on break of the high.
Credit goes to the creator of heatvolume indicator
I added alerts on breaking the high and breaking the low
Enjoy it on your own responsibility!
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.