1. Two different sensitivity levels can be selected for volumes and coloring.
2. Whenever the is higher than the selected , bars will change color.
3. Can Plot 20 (can be changed)
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.