BB + Volume Based Coloured Bars
//@version=3
//author KIVANC @fr3762 on twitter
//indicates the price bars whether it's supported by volume or not
study("BB + Volume Based Coloured Bars", shorttitle="VCBB", overlay=true)
length=input(21, "length", minval=1)
avrg=sma(volume,length)
vold1 = volume > avrg*1.5 and close<open
vold2 = volume >= avrg*0.5 and volume<=avrg*1.5 and close<open
vold3 = volume < avrg *0.5 and close<open
volu1 = volume > avrg*1.5 and close>open
volu2 = volume >= avrg*0.5 and volume<=avrg*1.5 and close>open
volu3 = volume< avrg*0.5 and close>open
cold1=#800000
cold2=#FF0000
cold3=orange
colu1=#006400
colu2=lime
colu3=#7FFFD4
color = vold1 ? cold1 : vold2 ? cold2 : vold3 ? cold3 : volu1 ? colu1 : volu2 ? colu2 : volu3 ? colu3 : na
barcolor(color)
per = input(20, title="BB Periodu")
sapma = input(2,title="BB Sapma Çarpaný")
source = close
ortaband = sma(source, per)
stsapma = sapma * stdev(source, per)
ustBB = ortaband + stsapma
altBB = ortaband - stsapma
plot(ortaband, color=blue, linewidth=2, title="BBup")
plot(ustBB, color=red, linewidth=2, title="BBmid")
plot(altBB, color=red, linewidth=2, title="BBdown")
//author KIVANC @fr3762 on twitter
//indicates the price bars whether it's supported by volume or not
study("BB + Volume Based Coloured Bars", shorttitle="VCBB", overlay=true)
length=input(21, "length", minval=1)
avrg=sma(volume,length)
vold1 = volume > avrg*1.5 and close<open
vold2 = volume >= avrg*0.5 and volume<=avrg*1.5 and close<open
vold3 = volume < avrg *0.5 and close<open
volu1 = volume > avrg*1.5 and close>open
volu2 = volume >= avrg*0.5 and volume<=avrg*1.5 and close>open
volu3 = volume< avrg*0.5 and close>open
cold1=#800000
cold2=#FF0000
cold3=orange
colu1=#006400
colu2=lime
colu3=#7FFFD4
color = vold1 ? cold1 : vold2 ? cold2 : vold3 ? cold3 : volu1 ? colu1 : volu2 ? colu2 : volu3 ? colu3 : na
barcolor(color)
per = input(20, title="BB Periodu")
sapma = input(2,title="BB Sapma Çarpaný")
source = close
ortaband = sma(source, per)
stsapma = sapma * stdev(source, per)
ustBB = ortaband + stsapma
altBB = ortaband - stsapma
plot(ortaband, color=blue, linewidth=2, title="BBup")
plot(ustBB, color=red, linewidth=2, title="BBmid")
plot(altBB, color=red, linewidth=2, title="BBdown")