Volume with color helps to quickly identify accumulation or distribution.
An accumulation day is an up day with volume greater than a user selected average. A distribution day is a down day with volume greater than a user selected average.
This indicator will highlight those days by changing the volume bar colors for an easy visual.
Release Notes
⋅
Added functionality to plot volume as a histogram or line. Code clean up.
Release Notes
⋅
Now has the ability to show Pocket Pivots.
A pocket pivot is an up day with volume greater than any of the down days volume in the past 10 days.
Release Notes
⋅
Clean up
Release Notes
⋅
Added ability to see projected volume bar
Added info block with current day's volume and projected % change vs the average volume
Release Notes
⋅
Ability to change text color for dark mode users
Release Notes
⋅
Added ability to see highest volume ever and highest volume in 1 year
Added ability to highlight skyscrapers (no higher volume 13 bars left or right)
Release Notes
⋅
Added Pocket Pivot alerts
Release Notes
⋅
User request to add the ability to plot a line at 2x and 3x average volume.
Turn lines on or off
Select line color
Alerts if volume reaches 2x or 3x average
Release Notes
⋅
Per user requests multiple new features added
Additional volume info in table (Avg. Volume, Avg. Dollar Volume, Up Down Volume Ratio)
Color volume dry up bars
Release Notes
⋅
5 Day Pocket Pivots
Added the ability to see 5 day pocket pivots
Release Notes
⋅
Now able to change the size of the volume information table and skyscraper labels.
Release Notes
⋅
User request to show volume percentage change on skyscraper volumes.
Release Notes
⋅
Added option to automatically switch the volume moving average length when switching to a weekly chart. The weekly MA length can be set in the indicators settings and this option can be turned on or off to keep the MA consistent across all time frames.
Release Notes
⋅
Option to color the MA based on the up down volume ratio.
Up down ratio > 1 - moving average is blue Up down ration < 1 - moving average is orange
Added ability to see the volume percentage change for previous bars by hover over the volume.
@chipcoi6688, not sure what you mean, you can plot the average volume already. Please explain more
chipcoi6688
⋅
@Amphibiantrading, do you know FxCanli_Volume_Hacim indicator? Please search and see. He put 3 levels average volume and 2x average volume , 3x average volume. I love your volume script hope you can add more 3 line levels. Thanks
Amphibiantrading
⋅
@chipcoi6688, Thank you and thanks for sharing the script your referring too. I will take a look and see what I can do
Amphibiantrading
⋅
@chipcoi6688, Done! I only added 2x and 3x since there is already an average line on there =)
chipcoi6688
⋅
@Amphibiantrading, thank you. You're an amazing man. Love it! Now it works perfectly.
CapitalTradeInvest
⋅
Hi, Is there an option to see the previous volume % relative to the average and not just the current days? Eg. I scroll over a volume day from a few days ago, can it give me the % below the average for that day?