Poor man's volume clusters — Indicator by IldarAkhmetgaleev

Volume clusters created from candlestick volumes.
See also "Poor man's volume profile".

The code is generated using a template. To change the settings, you may need to regenerate the code. The code has a link to the repository with the template.

Release Notes:

Correct way (I'm sure of it) to calculate row value. It could be wrong.

Release Notes:

More correct averaging of maximum values
Show volume points of control by orange diamonds to the left of the cluster

Release Notes:

* Fix "Invalid symbol" warning when the custom volume source is enabled.

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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