IldarAkhmetgaleev

Colored Volume per Range Bars

Shows relative volume per price range by bar colors.
Notes de version: Use log scale to calculate ranges.
Notes de version: Do not use log on volume.
Notes de version: Go back to linear price difference.
Notes de version: Algorithm rewrite.
Notes de version: Calculate price range by division.
Division works better in daily and weekly timeframes.
Notes de version: Default interval is changed.
Notes de version: Add option to use custom ticker as volume source
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Commentaires

hi there sorry to bother im using your range bar indicator i like it but i'm still have some trouble on how it works can you breifly explain it and how each color works thanks
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@CR_FX, The indicator shows the dependence of effort (volume) and result (volatility). Red means a big effort with a small result, and blue means a small effort with a big result. In key points, usually, a struggle occurs, which is rendered as a large effort (large volume) with a small result (low volatility).
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