OPEN-SOURCE SCRIPT
Normalized Volume - Hybrid
Description for the Hybrid Version
Hybrid Normalized Volume (Color-Coded)
A volume normalization tool that also highlights market sentiment by color-coding bars according to price direction.
Features:
3 normalization modes: Relative to Average, Z-Score, and Min-Max.
Green histogram bars = bullish volume (close > open).
Red histogram bars = bearish volume (close < open).
Adjustable lookback period.
Baseline for quick identification of above/below-average activity.
Use cases:
Instantly spot high-volume buying vs. high-volume selling.
Compare volume behavior across different assets without scale distortion.
Identify significant market participation shifts in real-time.
Hybrid Normalized Volume (Color-Coded)
A volume normalization tool that also highlights market sentiment by color-coding bars according to price direction.
Features:
3 normalization modes: Relative to Average, Z-Score, and Min-Max.
Green histogram bars = bullish volume (close > open).
Red histogram bars = bearish volume (close < open).
Adjustable lookback period.
Baseline for quick identification of above/below-average activity.
Use cases:
Instantly spot high-volume buying vs. high-volume selling.
Compare volume behavior across different assets without scale distortion.
Identify significant market participation shifts in real-time.
開源腳本
本著TradingView的真正精神，此腳本的創建者將其開源，以便交易者可以查看和驗證其功能。向作者致敬！雖然您可以免費使用它，但請記住，重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
開源腳本
本著TradingView的真正精神，此腳本的創建者將其開源，以便交易者可以查看和驗證其功能。向作者致敬！雖然您可以免費使用它，但請記住，重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。