kryptodude

Vol_Bars

This indicator helps the trader to determine on which bar there was an extreme spike in volume, painting the bar in a color of his choice.
recommended settings:
ultra-2.5
very-1.5
high-5.5
but you can choose others if they work better in your opinion
and addition:
weighted moving average (WMA)
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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.

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