OPEN-SOURCE SCRIPT
[PW] Volume Standard Deviation

Here is a nice little script that highlights areas of volume using standard deviation, you can choose the look back periods.
This script is based on the excellent script by: SteynTrade - tradingview.com/v/Qcty3MDY
I have simplified it a bit and made it readable to my taste using alpha to highlight high volume areas.
Enjoy.
This script is based on the excellent script by: SteynTrade - tradingview.com/v/Qcty3MDY
I have simplified it a bit and made it readable to my taste using alpha to highlight high volume areas.
Enjoy.
Open-source script
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.
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.
Open-source script
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.
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.