OPEN-SOURCE SCRIPT

VIM (Volume in Money)

190
Volume in Money + MA (Short Numbers & Coloring)

This indicator visualizes the monetary volume traded in each candle, calculated as:

Money Volume
=
Volume
×
Close Price
Money Volume=Volume×Close Price

🔹 Features:

Plots bars representing the money volume (total traded value).

Coloring options:
• Prev Close → Green if the current close is higher than the previous close, Red if lower.
• Candle Direction → Green if the candle is bullish (close > open), Red if bearish (close < open).

Moving Average (default length: 14) applied on the money volume for trend analysis.

Axis values and labels displayed in a shortened format (K, M, B, T) for readability.

📊 This helps traders quickly identify whether large amounts of money flowed into or out of the asset, making it easier to detect unusual activity compared to regular volume indicators.

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