OPEN-SOURCE SCRIPT
Updated High volume zone

█ OVERVIEW
Show high volume zone in a lower timeframe.
█ CONCEPTS
1- Choose an amount of volume (1 000 by default)
2- Choose a timeframe (1 minute by default)
3- It highlight every zone where volume was > 1000 in less than one minute
█ OTHER SECTIONS
Limitation:
- Unfortunately, I didn't find a way to make it in a lower timeframe than 1 minute with Pinescript
- It is truncate by minute so a high volume between two lower tf candles may not be count
If you have a solution for these, glad to hear it.
Show high volume zone in a lower timeframe.
█ CONCEPTS
1- Choose an amount of volume (1 000 by default)
2- Choose a timeframe (1 minute by default)
3- It highlight every zone where volume was > 1000 in less than one minute
█ OTHER SECTIONS
Limitation:
- Unfortunately, I didn't find a way to make it in a lower timeframe than 1 minute with Pinescript
- It is truncate by minute so a high volume between two lower tf candles may not be count
If you have a solution for these, glad to hear it.
Release Notes
Option to choose how many zone you want to be displayed per candle.Release Notes
Round volume text and settings for the label text colorOpen-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.