OPEN-SOURCE SCRIPT

SSSS-Candle_Volume

Updated
The color of each bar will be decided based on the volume mean compared to the standard deviation.

The volume colors will be changed from highest to lowest in the below order

Aqua > White > Black > Orange > Red
Release Notes
Updated the exstream upper and lower bound
Release Notes
Changed the bar color as per the Delta volume polarity.
Release Notes
using multiple factors to decide on the bar color
jjoemcJOEPrice Volume Trend (PVT)relativevolumesnippershotscalpingstrategyvolumecoloredbars

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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