OPEN-SOURCE SCRIPT
Breakout Volume [racer8]
BV determines when volume is high by comparing the previous volume high over n periods to the current volume.
If the current volume exceeds the previous volume high, then the indicator columns will turn red. Enjoy :)
If the current volume exceeds the previous volume high, then the indicator columns will turn red. Enjoy :)
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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