OPEN-SOURCE SCRIPT
Updated CMYK VOLUME CROPPED
◊ Introduction
This is a simple volume script, colored in the CMYK theme.
Cropping occurs when VOLUME > 5 * EMA, and is Shown with a transparant bar across the screen.
This way, large volume peaks don't influence scaling anymore.
◊ Adjustments
CMYK color theme applied.
Crops volume peaks, to preserve scaling.
◊ Usage
Indicates Volume
◊ Future Prospects
None
◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ CMYK SCRIPTS ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊
░▒▓█ CMYK ◊ VOLUME █▓▒░
░▒▓█ CMYK ◊ RMI █▓▒░
░▒▓█ CMYK ◊ RMI ARROWS █▓▒░
░▒▓█ CMYK ◊ HIGH LOW █▓▒░
This is a simple volume script, colored in the CMYK theme.
Cropping occurs when VOLUME > 5 * EMA, and is Shown with a transparant bar across the screen.
This way, large volume peaks don't influence scaling anymore.
◊ Adjustments
CMYK color theme applied.
Crops volume peaks, to preserve scaling.
◊ Usage
Indicates Volume
◊ Future Prospects
None
◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ CMYK SCRIPTS ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊ ◊
░▒▓█ CMYK ◊ VOLUME █▓▒░
░▒▓█ CMYK ◊ RMI █▓▒░
░▒▓█ CMYK ◊ RMI ARROWS █▓▒░
░▒▓█ CMYK ◊ HIGH LOW █▓▒░
Release Notes
-Release Notes
◊ Adjustments Added two colors to indicate strong buy/sell on the minute level.
changed the cutoff ratio from x5 to x2.
Release Notes
-
MVPMC
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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MVPMC
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