OPEN-SOURCE SCRIPT

BFXLS Volume Substitute Overlay for BitMEX[NB]

Updated
Volume substitute for those who prefer to use the XBT ticker. Renko on a small time scale is a good option, but lacks wicks.

Can be used as a non-overlay indicator by detaching. Differences are more visible on large time scales, or on Renko.


Possible future changes:
Make the columns more volatile
Change column color based on previous column's value



Original credits:
pigloo for the original script, and Ivturner for his edit.
Release Notes
Updated with absolute value of longs - shorts among other things. Old script is at the bottom of the new script.
bitfinexbitmexcryptoCryptocurrencyoverlayrenkoTrend AnalysisuniversalVolatilityVolumeXBTUSD

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.

Want to use this script on a chart?


My published indicators: tradingview.com/u/NeoButane/

Sorry if I haven't replied to your message yet, I'm a bit backlogged :)
Also on:

Disclaimer