OPEN-SOURCE SCRIPT

Volume With Color

已更新

Volume with color helps to quickly identify accumulation or distribution.

An accumulation day is an up day with volume greater than a user selected average.
A distribution day is a down day with volume greater than a user selected average.

This indicator will highlight those days by changing the volume bar colors for an easy visual.

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Added functionality to plot volume as a histogram or line.
Code clean up.

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Now has the ability to show Pocket Pivots.

A pocket pivot is an up day with volume greater than any of the down days volume in the past 10 days.

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Clean up

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Added ability to see projected volume bar
Added info block with current day's volume and projected % change vs the average volume

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Ability to change text color for dark mode users

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Added ability to see highest volume ever and highest volume in 1 year
Added ability to highlight skyscrapers (no higher volume 13 bars left or right)

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Added Pocket Pivot alerts

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User request to add the ability to plot a line at 2x and 3x average volume.

Turn lines on or off
Select line color
Alerts if volume reaches 2x or 3x average

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Per user requests multiple new features added

Additional volume info in table (Avg. Volume, Avg. Dollar Volume, Up Down Volume Ratio)
Color volume dry up bars

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5 Day Pocket Pivots

Added the ability to see 5 day pocket pivots

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Now able to change the size of the volume information table and skyscraper labels.

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User request to show volume percentage change on skyscraper volumes.

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Added option to automatically switch the volume moving average length when switching to a weekly chart. The weekly MA length can be set in the indicators settings and this option can be turned on or off to keep the MA consistent across all time frames.

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Option to color the MA based on the up down volume ratio.

Up down ratio > 1 - moving average is blue
Up down ration < 1 - moving average is orange

Added ability to see the volume percentage change for previous bars by hover over the volume.

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Update to work with the new Pine Screener. Can screen for pocket pivots, up on volume and down on volume.