OPEN-SOURCE SCRIPT
Volume/$ - Color Trend Bars
This is the volume script I use on all my charts. The idea is to emphasize trend bars with green and red.
Highish volume doji bars are colored yellow to point out range compression churn areas which can often be the turning point of a trend.
Highish volume doji bars are colored yellow to point out range compression churn areas which can often be the turning point of a trend.
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.
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.