PROTECTED SOURCE SCRIPT
Updated Elledge Volume Painted Bars
This indicator uses the volume and average volume for the given candle to determine the color for the given candle. The brighter the green, the higher the buyer volume. The brighter the red, the higher the seller volume.
The volume average is used to determine the bar's color. Under the average yields a dark color. Over the average yields the middle setting. While over 2x average volume gives the brightest color.
The volume average is used to determine the bar's color. Under the average yields a dark color. Over the average yields the middle setting. While over 2x average volume gives the brightest color.
Release Notes
* Updated associated script to comply with community guidelines.Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – 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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – 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.