OPEN-SOURCE SCRIPT

Volume Candlestick Heatmap Colors [vnhilton]

Updated
This indicator colours candles based on their volume for a set period of time. The highest volume & lowest volume in this period are set by 2 colours, & any candle with volume inside the range will have a colour based on the gradient created by the 2 colours. Ability to hide the candle body, wick, border if preferred (Hide candlestick body, wick, border, through the settings if applicable). Features 20 pre-set themes + ability to set your own custom theme.

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Anamnisar; Aubergine; Between The Clouds; Bichrome

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Bora Bora; Candy; Cherryblossoms; Dracula

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Dance To Forget; Fresh Turboscent; Friday; Frozen

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Miaka; Minnesota Vikings; Misty Meadow; Monochrome

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Neon Life; Purple Bliss; Purple Paradise; Sea Blizz

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Shore; Sky; Starfall; Superman

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Talking To Mice Elf; The Strain; Winter; Vasily
Release Notes
CORRECTION: 28* themes not 20.
Release Notes
- Added new price types: Bar, line (which also includes step line, step line w/ diamonds, histogram, cross, area, area with breaks, columns, circles)

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From left to right: bar; candlestick; line
Release Notes
- Added separate theme colors for ETH prices

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ETH prices in monochrome theme; RTH prices in custom "dracula" theme.
Release Notes
- Added volume circles that appear when the volume is the maximum out of the selected period by the user. These circles are adjustable in size and have separate colors for ETH and RTH.

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Maximum volume circles for RTH and ETH. Notice how volume comes in around technical analysis setups.
Candlestick analysisVolume

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.

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