OPEN-SOURCE SCRIPT
Updated Volume Histogram
Shows volume as Histogram, so it's still readable while RVol bars are shown behind in the same pane.
I want to see both because:
Relative volume indicates higher activity than usual
Absolute volume helps with "Volume Price Analysis"
This is meant to be used for 5m, 15m, 30m, 1w charts.
For 1d charts I recommend Volume Auto fit though, since RVol can be gigantic there sometimes.
I want to see both because:
Relative volume indicates higher activity than usual
Absolute volume helps with "Volume Price Analysis"
This is meant to be used for 5m, 15m, 30m, 1w charts.
For 1d charts I recommend Volume Auto fit though, since RVol can be gigantic there sometimes.
Release Notes
- Updated chart...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.
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.
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.