OPEN-SOURCE SCRIPT

Volume/Price

3 937
this is simple volume indicator by price
see the following trend- when the candle is red there is spike in volume before the rise up and next green candle. the indicator will deflect down with green -the stronger the volume the stronger the down deflection, the next bar will be green and strong up.
with down it will be opposite

snapshot

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.