PROTECTED SOURCE SCRIPT
Volume Volatility
This script uses the idea behind Bollinger Bands and Market Facilitation Index.
This is not a trend direction indicator. Use this for confirmation only.
Green Bars : High Volume and High Volatility
Yellow Bars : Low Volume and Low Volatility
Blue Bars : Low Volume but High Volatility
Pink Bars : High Volume but Low Volatility
This is not a trend direction indicator. Use this for confirmation only.
Green Bars : High Volume and High Volatility
Yellow Bars : Low Volume and Low Volatility
Blue Bars : Low Volume but High Volatility
Pink Bars : High Volume but Low Volatility
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.