OPEN-SOURCE SCRIPT

Volume [Educational]

Hello All,

This is an educational work and it's developed to show how to write scripts that will work like built-in volume indicator.

We have new features in Pine Script™ Language, such chart.bg_color, chart.fg_color, chart.left_visible_bar_time, chart.right_visible_bar_time and many more. Many Thanks to Tradingview and Pine Team for such great additions!
You can find more information about these new functions here.

How the script works?
- At the first step it calculates how many visible bar on the chart by using chart.right_visible_bar_time and chart.left_visible_bar_time functions.
- Calculates the zero line for the volume
- Finds maximum volume on visible area and normalize all volume values
- Draws volume bars
- Shows volume info as indicator value. in this step it uses chart.fg_color and plotarrow() commands to show the values in optimum color.

In order to place the indicator at the bottom of the chart, Please set Bottom Margin = 0 as shown in the following screenshot:
snapshot

You can change the volume bar colors optionally.

An Example screenshot with different volume bar colors:
snapshot


Enjoy!
builtineducationalindicatorslonesometheblueoverlayTrend AnalysisVolume

Script open-source

Dans le plus pur esprit TradingView, l'auteur de ce script l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par nos Règles. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.

Vous voulez utiliser ce script sur un graphique ?

Clause de non-responsabilité