This simple but beautiful script does a few things;
I've found myself consistently reaching for these tools individually on almost every chart I open, so I figured I'd throw something together that does all of that whilst being theme-able.
Enjoy.
- It modulates the transparency of drawn candles based on trend strength
- It modulates between the specified buy and sell colours based on volume - e.g. higher buys = stronger buy colour, higher sells = stronger sell colour
- It draws configurable RSI supports and resistances
- It solid fills candles that close above their volume-weighted moving average
I've found myself consistently reaching for these tools individually on almost every chart I open, so I figured I'd throw something together that does all of that whilst being theme-able.
Enjoy.