INVITE-ONLY SCRIPT

Specific Bar Volume Ratio

Updated
Simple.

NYSE only.

0930am-1130am only.

The colors are based on the popular Zanger Ratio.

The code compares the current volume (5m candles) to the average of precisely the same candle on the same day over the past 20 trading days.

Below 60 = drying up / low (grey)

Above 60 = below average (orange)

Above 80 = average (pink)

Above 120 = High (magenta)

Above 200 = Extreme (red)

The example you see is in Central time.

Contact me if you are interested.
Release Notes
Cleaned up code.
Volume

Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact kmack282 for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases, you can find a good open-source alternative for free in our Community Scripts.

Author's instructions

Must be used on the 5m chart.

Want to use this script on a chart?

Warning: please read before requesting access.

Disclaimer