OPEN-SOURCE SCRIPT
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liquidity volume

18 791
just like volume, this indicator shows how much in dollars were traded in millions.
Notes de version
made the volume bars represent colors based on bearish or bullish movement
Notes de version
added a mean (average) to the script.
Notes de version
added a 3rd standard deviation to the indicator. a 3sd occurrence has a 0.2% chance of occurrence on a statistical standpoint. but when it comes to markets it happens more often. nonetheless, a 3sd alert can signify a major market movement due to increase of activity of dollars going in or out of that asset you are observing. P.S.A. go on settings, under style tab, change the "price line" to a histogram.
Notes de version
changed the plotted liqudity to a column
Notes de version
when the line is purple that means that liquidity is going down. when the line is white that means liquidity is going up
Notes de version
ive made improvements on the script. easier to use and read
Notes de version
made a little bit more modification
Notes de version
you can switch from representation of liquidity and equity. equity is just normal volume
Notes de version
we have added a new stat. you can see how much volume has increased/decreased from the previous bar in percentage
Notes de version
modified the separation of labels so no overlapping occurs
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