TradingView
IldarAkhmetgaleev
Jun 29, 2019 5:14 AM

Colored Volume per Range 

Bitcoin / U.S. dollarBitstamp

Description

Shows releative volume per price range by color.

Release Notes

Use log scale to calculate ranges.

Release Notes

Do not use log on volume.

Release Notes

Go back to linear price difference.

Release Notes

Algorithm rewrite.

Release Notes

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

Release Notes

Default interval is changed.

Release Notes

Add option to use custom ticker as volume source
Comments
raychartss
thanks you, i really love it :)
IldarAkhmetgaleev
@raychartss, 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).
IldarAkhmetgaleev
@raychartss, Sorry. Wrong window.
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