Volume Oscillator Refurbished

Sep 30, 2022

This is an experimental version of Volume Oscillator.
For more information about Volume Oscillator, please access the link below:

tradingview.com/chart/?solution=43000591350

Objective

The script presented here provides some improvements over the original indicator, namely:

• Show multiple moving averages;
  
• Color the bars according to the direction of the averages;
  
• Color the bars when reaching predefined limits.
  

Below is the print comparing with the original indicator:


Thanks and credits:

Volume Oscillator: TradingView
Moving Averages: PineCoders, CrackingCryptocurrency, MightyZinger, Alex Orekhov (everget), alexgrover, paragjyoti2012, Franklin Moormann (cheatcountry)

Oct 2, 2022

Release Notes

1. Improved texts
2. Fields aligned
2. Added background option