OPEN-SOURCE SCRIPT
Updated Volume Auto Fit
This does nothing more than decreasing the size of (absolute) volume candles a bit, in order to allow showing candles with "Absolute" volume and Relative volume inside of the same panel - to save space.
I want to see both because:
On the 5m you don't need "Volume Auto fit", but can just use usual "Volume" and it will look fine.
For the 1D I've created this one though, since RVol can be gigantic there sometimes.
I want to see both because:
- Relative volume indicates higher activity than usual
- Absolute volume helps with "Volume Price Analysis"
On the 5m you don't need "Volume Auto fit", but can just use usual "Volume" and it will look fine.
For the 1D I've created this one though, since RVol can be gigantic there sometimes.
Release Notes
- Volume bars are now shown as histograms, to be able to better distinguish them from RVol when both are used together in a pane
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.