PROTECTED SOURCE SCRIPT
Updated PVA Volume
The PVA volume is part of PVSRA and it shows different bar colors according to the conditions below.
Situation "Climax". When volume >= 200% of the average volume of the 10
previous chart candles or where the product of candle spread x candle volume is >= the
highest for the 10 previous chart candles. Default Colors: Bullish bars are green and
Bearish bars are red.
Situation "Volume Rising Above Average". When volume >= 150% of the average
volume of the 10 previous chart candles. Default Colors: Bullish bars are blue and bearish bars are
blue-violet.
Situation "Climax". When volume >= 200% of the average volume of the 10
previous chart candles or where the product of candle spread x candle volume is >= the
highest for the 10 previous chart candles. Default Colors: Bullish bars are green and
Bearish bars are red.
Situation "Volume Rising Above Average". When volume >= 150% of the average
volume of the 10 previous chart candles. Default Colors: Bullish bars are blue and bearish bars are
blue-violet.
Release Notes
I changed the transparency to zero so that the volume bar becomes more visible and so that it resembles the original PVSRA script.Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.