Colored Volume per Range Bars

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




hi there sorry to bother im using your range bar indicator i like it but i'm still have some trouble on how it works can you breifly explain it and how each color works thanks
+1 返信
@CR_FX, The indicator shows the dependence of effort (volume) and result (volatility). Red means a big effort with a small result, and blue means a small effort with a big result. In key points, usually, a struggle occurs, which is rendered as a large effort (large volume) with a small result (low volatility).
+4 返信