[PW] Volume Standard Deviation — Indicator by pigloo

Here is a nice little script that highlights areas of volume using standard deviation, you can choose the look back periods.

This script is based on the excellent script by: @SteynTrade -

Colored Volume Bars standard deviation from mean

I have simplified it a bit and made it readable to my taste using alpha to highlight high volume areas.

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 a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

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