OPEN-SOURCE SCRIPT
Cumulative Overlapping Volume Bars
This is cheap replacement for volume profile.
Red bars is where accumulated high volume in small range.
if new bar moves out of range all accumulated volume will be lost and color will change.
Red bars is where accumulated high volume in small range.
if new bar moves out of range all accumulated volume will be lost and color will change.
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 publications is governed by House rules. You can favorite it to use it on a chart.
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