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tekksterr

Volume Volatility

tekksterr  
Volatility Volume confirmation
52
3
volatility volumestudies confirmation
This script uses the idea behind Bollinger Bands and Market Facilitation Index.

This is not a trend direction indicator. Use this for confirmation only.

Green Bars : High Volume and High Volatility
Yellow Bars : Low Volume and Low Volatility
Blue Bars : Low Volume but High Volatility
Pink Bars : High Volume but Low Volatility

Protected script
This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.
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