OPEN-SOURCE SCRIPT

Colored Volume per Range Bars

Updated
Shows relative volume per price range by bar colors.
Release Notes
Use log scale to calculate ranges.
Release Notes
Do not use log on volume.
Release Notes
Go back to linear price difference.
Release Notes
Algorithm rewrite.
Release Notes
Calculate price range by division.
Division works better in daily and weekly timeframes.
Release Notes
Default interval is changed.
Release Notes
Add option to use custom ticker as volume source
BARScolorVolatilityVolume

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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