bert2020

Volume Log

A comfortable Volume Indicator with the following features:

  • Darker colors indicate positive changes
  • Light colors indicate negative changes
  • There are separate colors for changes above a configurable threshold
  • The threshold can look at percentages changes in either volume (directly) or the volume at log scale.
  • The graph itself is always displayed in regular format so the numbers indicate real value.
  • All the colors, log scale as well as the threshold are configurable through the visual interface.

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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.

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