OPEN-SOURCE SCRIPT
Updated Moon's Volume Based Price Disparity

changed from a max Volume to an acumulated Volume
Release Notes
0.00025 is better for default i thinkRelease Notes
current price and a price graph ignored price points not with under the certain percent of a cumulative volume for a certain period of time
default is 20 period and 10%
Release Notes
hl2->closemore accurate
Release Notes
from just current volume to sum(volume) of a period.so there's two values. short distance and long distance
if short distance sum(volume) is more than long distance sum(volume)*vrate, graph changing occurs
Release Notes
change default valueRelease Notes
long distance is now cumulate before short distance Release Notes
version upOpen-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.
For quick access on a chart, add this script to your favorites — 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.
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.
For quick access on a chart, add this script to your favorites — 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.