OPEN-SOURCE SCRIPT

VVB_RSI_VOL

Updated
First time so idk what I'm doing lel

I use vervoot volatility bands, relative strength index, and volume to determine the color of the bar - that's it

I have candle colors inverted - you can change the regular and indicator bar colors in the settings

Meant to help identify risk on and risk off areas
Release Notes
Added a vvb midline you can remove if you want - tinkered with rsi and volume settings
Release Notes
Tinkered w volume again & got rid of midline noise
Release Notes
Added alerts and cleaned up script
Release Notes
cleaned up a lot - added leledc levels for an extra box to check b4 bar color change - tinkered w volume

I'll have to figure out how to make volume time frame input in settings less trial and error later
Release Notes
cleaned and added extra # you can adjust bc bottoms form differently than tops - i wish i could change indicator name to exhaustion crayons
crayonsexhaustionleledcRelative Strength Index (RSI)VolatilityvolatilitybandsVolume

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 publication is governed by House rules. You can favorite it to use it on a chart.

Want to use this script on a chart?

Disclaimer