OPEN-SOURCE SCRIPT
Volume PA
Custom volume histogram that visually represents trading volume in relation to the price action of the current bar. The histogram is colored based on whether the current bar is bullish or bearish, and it greys out when the current volume is lower than the volumes of the previous specified number of bars.
Customizable Bar Count: Users can specify how many previous bars to compare against for determining if the current volume is lower.
Default color-coded histogram:
Green: Indicates a bullish bar (closing price is greater than opening price).
Red: Indicates a bearish bar (closing price is less than opening price).
Grey: Indicates that the current volume is lower than the volumes of the previous specified number of bars.
Customizable Bar Count: Users can specify how many previous bars to compare against for determining if the current volume is lower.
Default color-coded histogram:
Green: Indicates a bullish bar (closing price is greater than opening price).
Red: Indicates a bearish bar (closing price is less than opening price).
Grey: Indicates that the current volume is lower than the volumes of the previous specified number of bars.
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