OPEN-SOURCE SCRIPT
Volume Highlight
Bar colouring: this indicator is simple but effective, it repaints higher than normal candles a certain colour (by default gold/yellow) it helps to know what are valuable areas to trade around for longs and shorts.
Changing the volume multiplier manually helps you to screen volume relevant to the timeframe you are trading on.
For example, some charts 1min the best filter/setting would be 12-35 multiplier where others like btc 1-4 hourly, the filter/setting might be 8-12.
The key is having only the highest/most relevant 3-4 volume candles showing as they often represent supports and resistances.
Changing the volume multiplier manually helps you to screen volume relevant to the timeframe you are trading on.
For example, some charts 1min the best filter/setting would be 12-35 multiplier where others like btc 1-4 hourly, the filter/setting might be 8-12.
The key is having only the highest/most relevant 3-4 volume candles showing as they often represent supports and resistances.
نص برمجي مفتوح المصدر
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.
For quick access on a chart, add this script to your favorites — learn more here.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
نص برمجي مفتوح المصدر
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.
For quick access on a chart, add this script to your favorites — learn more here.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.